{"id":32692,"date":"2022-07-25T17:51:20","date_gmt":"2022-07-25T08:51:20","guid":{"rendered":"https:\/\/www.kaonavi.jp\/dictionary\/?p=32692"},"modified":"2023-12-05T16:05:45","modified_gmt":"2023-12-05T07:05:45","slug":"per","status":"publish","type":"post","link":"https:\/\/www.kaonavi.jp\/dictionary\/per\/","title":{"rendered":"PER\uff08\u682a\u4fa1\u53ce\u76ca\u7387\uff09\u3068\u306f\uff1f\u3010\u610f\u5473\u3068\u76ee\u5b89\u3092\u308f\u304b\u308a\u3084\u3059\u304f\u3011\u8a08\u7b97\u5f0f"},"content":{"rendered":"

PER\u3068\u306f\u4f01\u696d\u306e\u6210\u9577\u6027\u3092\u5206\u6790\u3059\u308b\u6307\u6a19\u306e\u3072\u3068\u3064\u3067\u3059\u3002\u3053\u3053\u3067\u306fPER\u306e\u7a2e\u985e\u3084\u76ee\u5b89\u3001PER\u3092\u8aad\u307f\u89e3\u304f\u969b\u306e\u6ce8\u610f\u70b9\u306a\u3069\u306b\u3064\u3044\u3066\u89e3\u8aac\u3057\u307e\u3059\u3002<\/p>\n\n

\uff11\uff0ePER\uff08\u682a\u4fa1\u53ce\u76ca\u7387\uff09\u3068\u306f\uff1f<\/h2>\n

PER\u3068\u306f\uff08Price Earnings Ratio\uff09\u3068\u306f\u30011\u682a\u5f53\u305f\u308a\u306e\u7d14\u5229\u76ca\u306b\u5bfe\u3057\u3066\u3001\u682a\u4fa1\u304c\u4f55\u500d\u306b\u306a\u3063\u3066\u3044\u308b\u304b\u3092\u8868\u3059\u6307\u6a19<\/strong><\/span>\u3067\u3059\u3002\u682a\u4fa1\u304c\u4f01\u696d\u306e\u5229\u76ca\u3068\u6bd4\u3079\u3066\u5272\u9ad8\u304b\u5272\u5b89\u304b\u3092\u5224\u65ad\u3059\u308b\u305f\u3081\u306b\u7528\u3044\u3089\u308c\u307e\u3059\u3002\u4e00\u822c\u7684\u306bPER\u306e\u6570\u5b57\u304c\u5927\u304d\u3044\u307b\u3069\u5272\u9ad8\u3001\u5c0f\u3055\u3044\u307b\u3069\u5272\u5b89\u3067\u3042\u308b\u3068\u8003\u3048\u3089\u308c\u307e\u3059\u3002<\/p>\n

\u8a08\u7b97\u5f0f\u306f\u300cPER=\u682a\u4fa1\u00f7EPS\uff08\u4e00\u682a\u3042\u305f\u308a\u306e\u7d14\u5229\u76ca\uff09\u300d<\/strong>\u3067\u3059\u3002\u3053\u3053\u3067\u3044\u3046EPS\uff08\u4e00\u682a\u3042\u305f\u308a\u306e\u7d14\u5229\u76ca\uff09\u306b\u306f\u3001\u4e00\u822c\u7684\u306b\u5f53\u671f\u306e\u4e88\u60f3\u6570\u5024\u304c\u7528\u3044\u3089\u308c\u307e\u3059\u3002\u307e\u305f\u682a\u4fa1\u306b\u306f\u5c06\u6765\u306b\u671f\u5f85\u3059\u308b\u53ce\u76ca\u62e1\u5927\u304c\u76db\u308a\u8fbc\u307e\u308c\u308b\u305f\u3081\u3001\u5229\u76ca\u6210\u9577\u306e\u9ad8\u3044\u4f01\u696d\u307b\u3069PER\u306f\u9ad8\u304f\u306a\u308b\u50be\u5411\u306b\u3042\u308a\u307e\u3059\u3002<\/p>\n

\uff12\uff0ePER\u306e\u610f\u5473<\/h2>\n

PER\u304b\u3089\u306f\u4f55\u304c\u8aad\u307f\u53d6\u308c\u308b\u306e\u3067\u3057\u3087\u3046\u3002\u3053\u3053\u3067\u306fPER\u306e\u7a2e\u985e\u3068\u305d\u3053\u304b\u3089\u8aad\u307f\u53d6\u308c\u308b\u5177\u4f53\u7684\u306a\u5185\u5bb9\u306b\u3064\u3044\u3066\u8aac\u660e\u3057\u307e\u3059\u3002<\/p>\n

PER\u306e\u7a2e\u985e<\/h3>\n

PER\u306b\u306f\u4e0b\u8a182\u7a2e\u985e\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n

    \n
  1. \u91d1\u984d\u3068\u3044\u3063\u305f\u5358\u7d14\u306a\u5e73\u5747\u5024\u3092\u30d9\u30fc\u30b9\u306b\u3057\u305f\u6307\u6570\u30d9\u30fc\u30b9<\/li>\n
  2. \u305d\u308c\u305e\u308c\u306e\u30a6\u30a8\u30a4\u30c8\u3092\u52a0\u5473\u3057\u305f\u5e73\u5747\u5024\u3092\u30d9\u30fc\u30b9\u306b\u3057\u305f\u52a0\u91cd\u5e73\u5747<\/li>\n<\/ol>\n

    \u2460\u91d1\u984d\u3068\u3044\u3063\u305f\u5358\u7d14\u306a\u5e73\u5747\u5024\u3092\u30d9\u30fc\u30b9\u306b\u3057\u305f\u6307\u6570\u30d9\u30fc\u30b9<\/h4>\n

    \u6307\u6570\u30d9\u30fc\u30b9\u306e\u8a08\u7b97\u5f0f\u306f\u300c\u65e5\u7d4c\u5e73\u5747\u682a\u4fa1\u00f7\u65e5\u7d4c\u5e73\u5747EPS\uff08\u4e00\u682a\u3042\u305f\u308a\u306e\u5f53\u671f\u7d14\u5229\u76ca\uff09\u300d<\/strong>\u3002\u3053\u3053\u3067\u3044\u3046\u65e5\u7d4c\u5e73\u5747EPS\u306f\u3001\u300c\u03a3\uff08\u4e88\u60f31\u682a\u5229\u76ca\u00d750\u00f7\u307f\u306a\u3057\u984d\u9762\uff09\u00f7\u9664\u6570\u300d\u306e\u8a08\u7b97\u5f0f\u3067\u6c42\u3081\u305f\u6570\u5024\u3067\u3059\u3002<\/p>\n

    \u52a0\u91cd\u5e73\u5747\u306f\u6642\u4fa1\u7dcf\u984d\u306e\u5927\u304d\u3044\u9298\u67c4\u306e\u5f71\u97ff\u529b\u304c\u5f37\u3044\u306e\u306b\u5bfe\u3057\u3066\u3001\u6307\u6570\u30d9\u30fc\u30b9\u306f\u65e5\u7d4c\u5e73\u5747\u682a\u4fa1\u306b\u5f71\u97ff\u3092\u4e0e\u3048\u308b\u9298\u67c4\u306e\u5f71\u97ff\u529b\u304c\u5f37\u3044\u3068\u3044\u3046\u7279\u5fb4\u3092\u6301\u3061\u307e\u3059\u3002<\/p>\n

    \u2461\u305d\u308c\u305e\u308c\u306e\u30a6\u30a8\u30a4\u30c8\u3092\u52a0\u5473\u3057\u305f\u5e73\u5747\u5024\u3092\u30d9\u30fc\u30b9\u306b\u3057\u305f\u52a0\u91cd\u5e73\u5747<\/h4>\n

    \u52a0\u91cd\u5e73\u5747\u3068\u306f\u3001\u65e5\u7d4c\u5e73\u5747\u682a\u4fa1\u306e\u7b97\u51fa\u306b\u4f7f\u3046225\u9298\u67c4\u306e\u6642\u4fa1\u7dcf\u984d\u3092\u5408\u8a08\u3057\u3066\u3001\u305d\u308c\u305e\u308c\u306e\u5229\u76ca\u3092\u5408\u8a08\u3057\u305f\u6570\u5024\u3067\u5272\u308b\u3068\u3044\u3046\u8003\u3048\u65b9\u306e\u3053\u3068\u3002\u52a0\u91cd\u5e73\u5747\u306e\u8a08\u7b97\u5f0f\u306f\u3001\u300c\u6642\u4fa1\u7dcf\u984d\u5408\u8a08\u00f7\u4e88\u60f3\u5229\u76ca\u5408\u8a08\u300d\u3067\u3059\u3002<\/strong><\/p>\n

    \u65e5\u672c\u7d4c\u6e08\u65b0\u805e\u671d\u520a\u306b\u306f\u300c\u52a0\u91cd\u5e73\u5747\u300d\u304c\u63b2\u8f09\u3055\u308c\u3066\u3044\u308b\u3082\u306e\u306e\u3001\u5b9f\u614b\u306b\u5373\u3057\u3066\u3044\u308b\u306e\u306f\u300c\u6307\u6570\u30d9\u30fc\u30b9\u300d\u3060\u3068\u3059\u308b\u898b\u65b9\u3082\u3042\u308a\u307e\u3059\u3002<\/p>\n

    PER\u304b\u3089\u8aad\u307f\u53d6\u308c\u308b\u3053\u3068<\/h3>\n

    PER\u3067\u306f\u4e00\u682a\u3042\u305f\u308a\u306e\u5229\u76ca\u306b\u4f55\u500d\u306e\u682a\u4fa1\u304c\u3064\u3044\u3066\u3044\u308b\u304b\u8a08\u7b97\u3057\u307e\u3059\u3002\u540c\u6642\u306b\u6295\u8cc7\u3057\u305f\u91d1\u984d\u304c\u4f55\u5e74\u304f\u3089\u3044\u3067\u56de\u53ce\u3067\u304d\u308b\u304b\u3001\u8abf\u3079\u308b\u306e\u3082\u53ef\u80fd\u3067\u3059\u3002<\/strong><\/p>\n

    \u4e00\u682a\u3042\u305f\u308a\u306e\u5f53\u671f\u7d14\u5229\u76ca\u304c1\u4e07\u5186\u306e\u4f01\u696d\u3092\u4f8b\u306b\u898b\u3066\u307f\u307e\u3057\u3087\u3046\u3002\u3053\u306e\u4f01\u696d\u306e\u682a\u4fa1\u304c15\u4e07\u5186\u306e\u5834\u5408\u3001PER\u306f\u682a\u4fa115\u4e07\u5186\u00f7\u4e00\u682a\u3042\u305f\u308a\u306e\u5f53\u671f\u7d14\u5229\u76ca1\u4e07\u5186\u306e\u5f0f\u306b\u306a\u308a\u300110\u5e74\u3067\u56de\u53ce\u3067\u304d\u308b\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n

    \u305f\u3060\u3057\u3053\u3053\u3067\u306f\u6295\u8cc7\u6642\u70b9\u306b\u304a\u3051\u308b\u5f53\u671f\u7d14\u5229\u76ca\u3092\u7528\u3044\u3066\u3044\u308b\u306e\u3067\u6ce8\u610f\u304c\u5fc5\u8981\u3067\u3059\u3002\u5411\u3053\u304615\u5e74\u9593\u3001\u307e\u3063\u305f\u304f\u540c\u3058\u5f53\u671f\u7d14\u5229\u76ca\u3067\u63a8\u79fb\u3059\u308b\u3053\u3068\u306f\u3042\u308a\u3048\u306a\u3044\u305f\u3081\u3001\u3042\u304f\u307e\u3067\u76ee\u5b89\u306b\u7559\u3081\u3066\u304a\u304f\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n

    PER\u3068\u682a\u4fa1\u306e\u95a2\u4fc2\u6027<\/h3>\n

    PER\u304c\u9ad8\u3051\u308c\u3070\u3001\u305d\u306e\u9298\u67c4\u306f\u9ad8\u3044\u8a55\u4fa1\u3092\u53d7\u3051\u3066\u3044\u307e\u3059\u3002\u305f\u3068\u3048\u3070EPS\u304c500\u5186\u306eA\u793e\u3068B\u793e\u304c\u3042\u3063\u305f\u3068\u3057\u307e\u3057\u3087\u3046\u3002A\u793e\u306ePER\u304c10\u500d\u3060\u3063\u305f\u5834\u5408\u3001\u682a\u4fa1\u306f500\u5186\uff08EPS\uff09\u00d710\u500d\uff08PER\uff09\uff1d5,000\u5186\u306b\u306a\u308b\u306e\u3067\u3059\u3002<\/p>\n

    \u4e00\u65b9\u3001B\u793e\u306fPER\u304c20\u500d\u3067\u3057\u305f\u3002B\u793e\u306e\u682a\u4fa1\u306f500\u5186\uff08EPS\uff09\u00d720\u500d\uff08PER\uff09=10,000\u5186\u3068\u306a\u308a\u3001PER\u306e\u9ad8\u3044\u9298\u67c4\u306f\u682a\u4fa1\u3082\u9ad8\u304f\u306a\u308b\u3068\u308f\u304b\u308a\u307e\u3059\u3002<\/p>\n

    \uff13\uff0ePER\u306e\u76ee\u5b89<\/h2>\n

    \u4e0a\u5834\u4f01\u696d\u306e\u5834\u5408\u3001\u4e00\u822c\u7684\u306aPER\u306f15\u500d<\/strong>\u3068\u3044\u308f\u308c\u3066\u3044\u307e\u3059\u3002\u7406\u8ad6\u4e0a\u3001PER\u304c15\u500d\u3088\u308a\u9ad8\u3051\u308c\u3070\u682a\u4fa1\u306f\u5272\u9ad8\u306b\u300115\u500d\u3088\u308a\u4f4e\u3051\u308c\u3070\u682a\u4fa1\u306f\u5272\u5b89\u306b\u306a\u308b\u3082\u306e\u3002<\/p>\n

    \u305f\u3060\u3057PER\u306f\u696d\u7a2e\u306b\u3088\u3063\u3066\u5927\u304d\u304f\u5909\u52d5\u3057\u307e\u3059\u3002\u307e\u305f\u512a\u826f\u682a\u304b\u6025\u6210\u9577\u682a\u304b\u306b\u3088\u3063\u3066\u3082\u5909\u308f\u308b\u305f\u3081\u3001PER\u304c15\u500d\u3088\u308a\u4f4e\u3044\u304b\u3089\u3068\u3044\u3063\u3066\u4e00\u6982\u306b\u5272\u5b89\u3060\u3068\u3044\u3048\u307e\u305b\u3093\u3002\u307e\u305f\u4e2d\u5c0f\u4f01\u696d\u306f\u672a\u4e0a\u5834\u682a\u3067\u6d41\u52d5\u6027\u304c\u306a\u3044\u305f\u3081\u3001PER\u306e\u5e73\u5747\u5024\u3082\u4f4e\u304f\u306a\u308b\u50be\u5411\u306b\u3042\u308a\u307e\u3059\u3002<\/p>\n

    PER\u306e\u5e02\u5834\u5225\u30fb\u898f\u6a21\u5225\u30fb\u696d\u7a2e\u5225\u5e73\u5747<\/h3>\n

    PER\u306e\u5e73\u5747\u5024\u306f\u696d\u7a2e\u3060\u3051\u3067\u306a\u304f\u4f01\u696d\u898f\u6a21\u3084\u53d6\u5f15\u5e02\u5834\u306b\u3088\u3063\u3066\u3082\u7570\u306a\u308a\u307e\u3059\u3002\u682a\u5f0f\u4f1a\u793e\u6771\u4eac\u8a3c\u5238\u53d6\u5f15\u6240\u306e\u60c5\u5831\u30b5\u30fc\u30d3\u30b9\u90e8\u304c\u516c\u958b\u3057\u3066\u3044\u308b\u3001\u5e02\u5834\u5225\u30fb\u898f\u6a21\u5225\u30fb\u696d\u7a2e\u5225\u306e\u5e73\u5747\u5024\u306b\u3064\u3044\u3066\u8aac\u660e\u3057\u307e\u3057\u3087\u3046\uff082021\u5e7412\u6708\u6642\uff09\u3002<\/p>\n

    PER\u306e\u5e02\u5834\u5225\u5e73\u5747<\/h4>\n

    PER\u306e\u5e02\u5834\u5225\u5e73\u5747\u306f\u4ee5\u4e0b\u306e\u3068\u304a\u308a\u3067\u3059\u3002<\/p>\n

      \n
    • \u5e02\u5834\u7b2c\u4e00\u90e8\uff1a25.0\u500d<\/li>\n
    • \u5e02\u5834\u7b2c\u4e8c\u90e8\uff1a42.4\u500d<\/li>\n
    • \u30de\u30b6\u30fc\u30ba\uff1a105.8\u500d<\/li>\n
    • \u30b8\u30e3\u30b9\u30c0\u30c3\u30af\uff1a25.3\u500d<\/li>\n<\/ul>\n

      \u3044\u305a\u308c\u306e\u5e02\u5834\u3082\u4e0a\u4f4d\u3092\u5360\u3081\u308b\u306e\u306f\u30b5\u30fc\u30d3\u30b9\u696d\u3084\u60c5\u5831\u901a\u4fe1\u3001\u7cbe\u5bc6\u6a5f\u68b0\u306a\u3069\u3067\u3059\u3002<\/p>\n

      PER\u306e\u898f\u6a21\u5225\u5e73\u5747<\/h4>\n

      PER\u5e73\u5747\u5024\u3092\u898f\u6a21\u5225\u306b\u307f\u308b\u3068\u3001\u898f\u6a21\u306e\u5927\u304d\u3044\u3082\u306e\u304b\u3089\u6b21\u306e\u3088\u3046\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n

        \n
      • \u7dcf\u5408\uff08\u5e02\u5834\u4e00\u90e8\uff09\uff1a21.9\u500d\uff08\u4f1a\u793e\u65702,165\uff09<\/li>\n
      • \u7dcf\u5408\uff08\u30b8\u30e3\u30b9\u30c0\u30c3\u30af\uff09\uff1a32.7\u500d\uff08\u4f1a\u793e\u6570688\uff09<\/li>\n
      • \u7dcf\u5408\uff08\u91d1\u878d\u696d\u3092\u9664\u304f\uff09\uff08\u30b8\u30e3\u30b9\u30c0\u30c3\u30af\uff09\uff1a32.8\u500d\uff08\u4f1a\u793e\u6570671\u500d\uff09<\/li>\n<\/ul>\n

        \u53cd\u5bfe\u306b\u898f\u6a21\u306e\u5c0f\u3055\u3044\u3082\u306e\u3060\u3068\u300c\u5009\u5eab\u904b\u8f38\u95a2\u9023\u300d\u306e28.8\u500d\u3001\u300c\u4fdd\u967a\u696d\u300d\u306e17.7\u500d\u306a\u3069\u304c\u4e26\u3093\u3067\u3044\u307e\u3059\u3002<\/p>\n

        \u9ad8PER\u306e\u696d\u7a2e\u5225\u5e73\u5747\u30e9\u30f3\u30ad\u30f3\u30b0<\/h4>\n

        \u52a0\u91cdPER\u306e\u9ad8\u3044\u696d\u7a2e\u3092\u9806\u306b\u307f\u308b\u3068\u3001\u6b21\u306e\u3088\u3046\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n

          \n
        • \u30b5\u30fc\u30d3\u30b9\u696d\uff08\u30de\u30b6\u30fc\u30ba\uff09\uff1a336.6\u500d<\/li>\n
        • \u60c5\u5831\u901a\u4fe1\uff08\u30de\u30b6\u30fc\u30ba\uff09\uff1a197.0\u500d<\/li>\n
        • \u96fb\u6c17\u6a5f\u5668\uff08\u30de\u30b6\u30fc\u30ba\uff09\uff1a188.8\u500d<\/li>\n
        • \u7dcf\u5408\uff08\u975e\u88fd\u9020\u696d\uff09\uff08\u30de\u30b6\u30fc\u30ba\uff09\uff1a185.8\u500d<\/li>\n
        • \u8f38\u9001\u7528\u6a5f\u5668\uff08\u5e02\u5834\u4e8c\u90e8\uff09\uff1a181.7\u500d<\/li>\n<\/ul>\n

          \u3044\u3063\u307d\u3046\u3001\u52a0\u91cdPER\u306e\u4f4e\u3044\u696d\u7a2e\u306f\u4ee5\u4e0b\u306e\u3068\u304a\u308a\u3067\u3059\u3002<\/p>\n

            \n
          • \u96fb\u6c17\u3001\u30ac\u30b9\uff08\u5e02\u5834\u4e8c\u90e8\uff09\uff1a8.2\u500d<\/li>\n
          • \u96fb\u6c17\u3001\u30ac\u30b9\uff08\u5e02\u5834\u4e00\u90e8\uff09\uff1a9.1\u500d<\/li>\n
          • \u6d77\u904b\u696d\uff08\u5e02\u5834\u4e00\u90e8\uff09\uff1a9.7\u500d<\/li>\n
          • \u77f3\u6cb9\u77f3\u70ad\u88fd\u54c1\uff08\u5e02\u5834\u4e00\u90e8\uff09\uff1a10.3\u500d<\/li>\n
          • \u9280\u884c\u696d\uff08\u5e02\u5834\u4e00\u90e8\uff09\uff1a10.3\u500d<\/li>\n<\/ul>\n

            \u3053\u306e\u3088\u3046\u306b\u696d\u7a2e\u306b\u3088\u3063\u3066\u304b\u306a\u308a\u306e\u9055\u3044\u304c\u3042\u308b\u3068\u308f\u304b\u308a\u307e\u3059\u3002<\/p>\n

            \u9ad8PER\u306b\u306a\u308b\u696d\u7a2e\u306e\u7279\u5fb4<\/h3>\n

            \u30b5\u30fc\u30d3\u30b9\u696d\u3084\u901a\u4fe1\u3001\u96fb\u6c17\u6a5f\u5668\u306a\u3069\u3001PER\u304c\u9ad8\u304f\u306a\u308b\u696d\u7a2e\u306b\u306f\u3069\u306e\u3088\u3046\u306a\u7279\u5fb4\u304c\u3042\u308b\u306e\u3067\u3057\u3087\u3046\u3002\u3053\u3053\u3067\u306fPER\u306e\u9ad8\u3044\u696d\u7a2e\u306b\u898b\u3089\u308c\u308b\u300c\u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u9298\u67c4\u300d\u306b\u3064\u3044\u3066\u8aac\u660e\u3057\u307e\u3059\u3002<\/p>\n

            \u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u9298\u67c4<\/h4>\n

            \u65e5\u5e38\u751f\u6d3b\u306b\u6b20\u304b\u305b\u306a\u3044\u4e8b\u696d\u3092\u624b\u304c\u3051\u308b\u9298\u67c4\u306e\u3053\u3068\u3002<\/strong><\/span><\/p>\n

            \u60c5\u5831\u3084\u901a\u4fe1\u3001\u98df\u6599\u54c1\u306a\u3069\u306f\u666f\u6c17\u304c\u60aa\u304f\u306a\u3063\u3066\u3082\u5229\u76ca\u304c\u843d\u3061\u8fbc\u307f\u306b\u304f\u304f\u3001\u30ea\u30b9\u30af\u304c\u4f4e\u3044\u3067\u3059\u3002\u666f\u6c17\u52d5\u5411\u306b\u5de6\u53f3\u3055\u308c\u306b\u304f\u304f\u3001\u5b88\u308a\u306b\u5f37\u3044\u305f\u3081\u305d\u306e\u540d\u304c\u4ed8\u3051\u3089\u308c\u307e\u3057\u305f\u3002\u300c\u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u30b9\u30c8\u30c3\u30af\u300d\u3068\u547c\u3070\u308c\u308b\u5834\u5408\u3082\u3042\u308b\u306e\u3067\u3059\u3002<\/p>\n

            \u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u9298\u67c4\u3068\u306f\u5bfe\u7167\u7684\u306b\u666f\u6c17\u306b\u3088\u308b\u5f71\u97ff\u304c\u5927\u304d\u3044\u9298\u67c4\u3092\u300c\u666f\u6c17\u904e\u654f\u9298\u67c4\u300d<\/strong>\u3068\u3044\u3044\u307e\u3059\u3002\u5316\u5b66\u3084\u9244\u92fc\u3068\u3044\u3063\u305f\u7d20\u6750\u7523\u696d\u3084\u904b\u8f38\u7523\u696d\u306a\u3069\u304c\u4ee3\u8868\u7684\u306a\u696d\u7a2e\u3067\u3059\u3002<\/p>\n

            \uff14\uff0ePER\u3092\u8aad\u307f\u89e3\u304f\u969b\u306e\u6ce8\u610f\u70b9<\/h2>\n

            \u300cPER\u306f\u4f4e\u3051\u308c\u3070\u4f4e\u3044\u307b\u3069\u5272\u5b89\u3060\u304b\u3089\u8cb7\u3044\u3069\u304d\u300d\u3068\u5224\u65ad\u3059\u308b\u306e\u306f\u5371\u967a\u3067\u3059\u3002\u3053\u3053\u3067\u306fPER\u3092\u8aad\u307f\u89e3\u304f\u969b\u306e\u6ce8\u610f\u70b9\u306b\u3064\u3044\u3066\u8aac\u660e\u3057\u307e\u3059\u3002<\/p>\n

              \n
            1. \u4e0d\u6cc1\u6642\u306b\u304a\u3051\u308bPER\u306e\u8003\u3048\u65b9<\/li>\n
            2. \u9ad8PER\u3067\u3082\u3001\u5c06\u6765\u4e88\u60f3\u306f\u3067\u304d\u306a\u3044<\/li>\n
            3. PER\u304c\u30de\u30a4\u30ca\u30b9\u306b\u306a\u308b\u5834\u5408\u3082<\/li>\n
            4. \u904e\u53bb\u306ePER\u3068\u73fe\u5728\u306ePER\u3068\u3092\u6bd4\u8f03\u3059\u308b<\/li>\n
            5. \u3082\u3068\u3082\u3068PER\u304c\u4f4e\u3081\u306b\u3067\u308b\u696d\u7a2e\u3082\u3042\u308b<\/li>\n
            6. \u65b0\u8208\u4f01\u696d\u306ePER\u306f\u9ad8\u3081\u306b\u51fa\u308b\u5834\u5408\u3082<\/li>\n<\/ol>\n

              \u2460\u4e0d\u6cc1\u6642\u306b\u304a\u3051\u308bPER\u306e\u8003\u3048\u65b9<\/h3>\n

              \u4e0d\u6cc1\u6642\u306f\u682a\u4fa1\u304c\u4e0b\u843d\u3057\u3001\u3055\u3089\u306b\u5229\u76ca\u304c\u5927\u5e45\u306b\u843d\u3061\u8fbc\u3080\u305f\u3081PER\u306f\u7570\u5e38\u306b\u9ad8\u304f\u306a\u308a\u307e\u3059\u3002\u601d\u308f\u305a\u300cPER\u304c\u9ad8\u304f\u3066\u5272\u9ad8\u306a\u3089\u58f2\u308b\u3079\u304d\u3060\u300d\u3068\u8003\u3048\u305f\u304f\u306a\u308b\u3067\u3057\u3087\u3046\u3002\u3057\u304b\u3057\u666f\u6c17\u306f\u5fc5\u305a\u5faa\u74b0\u3057\u3001\u5f85\u3066\u3070\u5229\u76ca\u304c\u623b\u308b\u3068\u671f\u5f85\u3067\u304d\u308b\u305f\u3081\u3001\u7126\u308a\u306f\u7981\u7269\u3067\u3059\u3002<\/p>\n

              \u4e0d\u6cc1\u6642\u3053\u305d\u4eca\u671f\u306e\u5229\u76ca\u3067PER\u3092\u8a08\u7b97\u3059\u308b\u306e\u3067\u306f\u306a\u304f\u3001\u904e\u53bb\u306e\u5229\u76ca\u5e73\u5747\u3092\u898b\u306a\u304c\u3089\u8a08\u7b97<\/strong>\u3057\u307e\u3057\u3087\u3046\u3002\u4eca\u5229\u76ca\u304c\u6e1b\u3063\u3066\u3044\u308b\u306e\u306f\u4e0d\u6cc1\u306e\u305b\u3044\u306a\u306e\u304b\u3001\u3082\u3057\u304f\u306f\u4f01\u696d\u306e\u7a3c\u3050\u529b\u304c\u843d\u3061\u3066\u304d\u3066\u3044\u308b\u306e\u304b\u3001\u898b\u6975\u3081\u308b\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n

              \u2461\u9ad8PER\u3067\u3082\u3001\u5c06\u6765\u4e88\u60f3\u306f\u3067\u304d\u306a\u3044<\/h3>\n

              PER\u306e\u8a08\u7b97\u5f0f\u306f\u300c\u682a\u4fa1\u00f7EPS\uff08\u4e00\u682a\u3042\u305f\u308a\u306e\u7d14\u5229\u76ca\uff09\u300d\u3067\u3059\u3002\u524d\u8ff0\u306e\u3068\u304a\u308a\u3001EPS\u306b\u306f\u5f53\u671f\u306e\u4e88\u60f3\u6570\u5024\u3092\u7528\u3044\u307e\u3059\u3002\u3064\u307e\u308a\u3053\u306e\u6570\u5f0f\u3067\u306f\u300c\u5f53\u671f\u306e\u7d14\u5229\u76ca\u3068\u540c\u3058\u5229\u76ca\u6c34\u6e96\u304c\u3053\u306e\u5148\u3082\u7d9a\u304f\u300d\u3068\u3044\u3046\u4eee\u5b9a\u3067\u8a08\u7b97\u3057\u3066\u304a\u308a\u3001\u5c06\u6765\u306e\u696d\u7e3e\u304c\u53cd\u6620\u3055\u308c\u3066\u3044\u306a\u3044\u305f\u3081\u6ce8\u610f\u3057\u307e\u3057\u3087\u3046\u3002<\/p>\n

              \u4f01\u696d\u306e\u5c06\u6765\u682a\u4fa1\u3092\u8003\u3048\u308b\u969b\u306f\u5f53\u7136\u3001\u6570\u5e74\u5148\u306e\u5229\u76ca\u3092\u898b\u3066\u5224\u65ad\u3057\u306a\u3051\u308c\u3070\u306a\u308a\u307e\u305b\u3093\u3002PER\u306e\u8a08\u7b97\u5f0f\u3092\u300c\u682a\u4fa1\uff1dEPS\uff08\u4e00\u682a\u3042\u305f\u308a\u306e\u7d14\u5229\u76ca\uff09\u00d7PER\u300d\u306b\u7f6e\u304d\u63db\u3048\u3066\u3001\u4f01\u696d\u306e\u5229\u76ca\u6210\u9577\u3092\u53cd\u6620\u3055\u305b\u305f\u6570\u5024\u3092\u898b\u308b\u306e\u304c\u91cd\u8981<\/strong>\u3067\u3059\u3002<\/p>\n

              \u2462PER\u304c\u30de\u30a4\u30ca\u30b9\u306b\u306a\u308b\u5834\u5408\u3082<\/h3>\n

              \u5f53\u671f\u7d14\u5229\u76ca\u304c\u8d64\u5b57\u306b\u306a\u308c\u3070\u300cPER=\u682a\u4fa1\u00f7EPS\uff08\u4e00\u682a\u3042\u305f\u308a\u306e\u7d14\u5229\u76ca\uff09\u300d\u306e\u5f0f\u306b\u30de\u30a4\u30ca\u30b9\u306e\u6570\u5b57\u304c\u304f\u308f\u308f\u308b\u305f\u3081\u3001PER\u3082\u30de\u30a4\u30ca\u30b9\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n

              \u767a\u884c\u6e08\u682a\u5f0f\u679a\u6570\u304c1\u4e07\u682a\u3067\u682a\u4fa1\u304c10\u4e07\u5186\u3001\u5f53\u671f\u7d14\u5229\u76ca\u304c1\u5104\u5186\u306e\u8d64\u5b57\u3067\u3042\u308b\u9298\u67c4\u3092\u4f8b\u306b\u8a08\u7b97\u3057\u3066\u307f\u307e\u3057\u3087\u3046\u3002\u3053\u306e\u5834\u5408\u306ePER\u306f10\u4e07\u5186\u00f7\uff08\uff0d1\u5104\u5186\u00f71\u4e07\u682a\uff09\u306e\u8a08\u7b97\u5f0f\u306b\u3088\u3063\u3066\uff0d10\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n

              \u3057\u304b\u3057PER\u304c\u30de\u30a4\u30ca\u30b9\u306e\u9298\u67c4\u306f\u5fc5\u305a\u3057\u3082\u907f\u3051\u305f\u307b\u3046\u304c\u3088\u3044\u304b\u3068\u3044\u3046\u3068\u3001\u305d\u3046\u3068\u3082\u3044\u3048\u307e\u305b\u3093\u3002<\/p>\n

              \u305f\u3068\u3048\u3070\u7d4c\u5e38\u5229\u76ca\u304c\u9ed2\u5b57\u3067\u30de\u30a4\u30ca\u30b9\u306b\u306a\u3063\u305f\u5834\u5408\u3001\u640d\u5931\u306e\u5f71\u97ff\u304c\u77ed\u671f\u7684\u306a\u3082\u306e\u3067\u3042\u308c\u3070\u7d4c\u5e38\u5229\u76ca\u305d\u306e\u3082\u306e\u306f\u9ed2\u5b57<\/strong>\u3067\u3059\u3002\u682a\u4fa1\u306e\u4e0b\u843d\u306b\u3088\u3063\u3066\u306f\u304b\u3048\u3063\u3066\u5272\u5b89\u3068\u306a\u308b\u53ef\u80fd\u6027\u3082\u3042\u308a\u307e\u3059\u3002<\/p>\n

              \u4f4e\u3059\u304e\u308bPER\u4f01\u696d\u306f\u6ce8\u610f\u304c\u5fc5\u8981<\/h4>\n

              \u305f\u3060\u3057PER\u304c\u6975\u7aef\u306b\u4f4e\u3044\u4f01\u696d\u306b\u306f\u6ce8\u610f\u3057\u305f\u307b\u3046\u304c\u3088\u3044\u3068\u3044\u3048\u307e\u3059\u3002\u305f\u3068\u3048\u3070PER\u304c5\u500d\u4ee5\u4e0b\u3067\u653e\u7f6e\u3055\u308c\u3066\u3044\u308b\u9298\u67c4\u306f\u300c\u682a\u4fa1\u304c\u4e0a\u304c\u308b\u898b\u8fbc\u307f\u304c\u306a\u3044\u300d\u3068\u8a55\u4fa1\u3055\u308c\u3066\u3044\u308b\u72b6\u614b<\/strong>\u3067\u3059\u3002<\/p>\n

              \u3053\u308c\u306f\u4e00\u822c\u7684\u306b\u696d\u7e3e\u306b\u4f55\u3089\u304b\u306e\u4e0d\u5b89\u304c\u3042\u3063\u3066\u4f4e\u3044PER\u3067\u653e\u7f6e\u3055\u308c\u3066\u3044\u308b\u3001\u30ea\u30b9\u30af\u306e\u9ad8\u3044\u9298\u67c4\u3068\u5224\u65ad\u3067\u304d\u307e\u3059\u3002<\/p>\n

              PER\u304c\u4f4e\u3044\uff1d\u696d\u7e3e\u306b\u6bd4\u3079\u3066\u5b89\u3044\u682a\u4fa1\u3067\u653e\u7f6e\u3055\u308c\u3066\u3044\u308b\u308f\u3051\u3067\u3059\u3002\u5f53\u7136\u3001\u8cfc\u5165\u5f8c\u306b\u682a\u4fa1\u304c\u4e0a\u6607\u3057\u306a\u3051\u308c\u3070\u610f\u5473\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u5b89\u6613\u306b\u300cPER\u304c\u4f4e\u3044\u304b\u3089\u5272\u5b89\u3001\u8cb7\u3044\u3069\u304d\u300d\u3068\u5224\u65ad\u305b\u305a\u3001\u696d\u7a2e\u5225\u306e\u5229\u76ca\u6210\u9577\u7387\u3084\u3055\u307e\u3056\u307e\u306a\u30ea\u30b9\u30af\u3092\u8003\u3048\u305f\u3046\u3048\u3067\u306e\u5224\u65ad\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n

              \u2463\u904e\u53bb\u306ePER\u3068\u73fe\u5728\u306ePER\u3068\u3092\u6bd4\u8f03\u3059\u308b<\/h3>\n

              \u305d\u306e\u6642\u70b9\u306ePER\u3072\u3068\u3064\u3092\u898b\u3066\u3001\u682a\u4fa1\u304c\u5272\u9ad8\u304b\u5272\u5b89\u304b\u306f\u5224\u65ad\u3067\u304d\u307e\u305b\u3093\u3002\u5834\u5408\u306b\u3088\u3063\u3066\u306f\u5358\u5e74\u3067\u7a81\u7136PER\u304c\u5927\u5e45\u306b\u5897\u52a0\uff08\u6e1b\u5c11\uff09\u3059\u308b\u5834\u5408\u3082\u3042\u308a\u3001\u3053\u308c\u306b\u5fc5\u305a\u3057\u3082\u4f01\u696d\u306e\u5b9f\u614b\u304c\u3042\u3089\u308f\u308c\u3066\u3044\u308b\u3068\u306f\u3044\u3048\u306a\u3044\u304b\u3089\u3067\u3059\u3002<\/p>\n

              PER\u3092\u898b\u308b\u969b\u306f\u8907\u6570\u5e74\u306e\u30c7\u30fc\u30bf\u3092\u4e26\u3079\u3066\u305d\u306e\u63a8\u79fb\u3092\u898b\u3066\u3044\u304d\u307e\u3057\u3087\u3046\u3002<\/strong>\u904e\u53bb\u306ePER\u304c\u9ad8\u304f\u4eca\u306ePER\u304c\u4f4e\u3044\u5834\u5408\u3001\u6210\u9577\u682a\u3067\u3042\u308b\u3068\u8003\u3048\u3089\u308c\u307e\u3059\u3002\u3057\u304b\u3057\u53cd\u5bfe\u306b\u904e\u53bb\u306ePER\u304c\u4f4e\u304f\u4eca\u306ePER\u304c\u9ad8\u3044\u5834\u5408\u3001\u4e8b\u696d\u304c\u3046\u307e\u304f\u3044\u3063\u3066\u3044\u306a\u3044\u53ef\u80fd\u6027\u3082\u9ad8\u3044\u3067\u3059\u3002<\/p>\n

              \u2464\u3082\u3068\u3082\u3068PER\u304c\u4f4e\u3081\u306b\u3067\u308b\u696d\u7a2e\u3082\u3042\u308b<\/h3>\n

              \u5148\u306b\u8ff0\u3079\u305f\u3068\u304a\u308a\u3001PER\u306e\u5e73\u5747\u5024\u306f\u696d\u7a2e\u3084\u5e02\u5834\u3001\u898f\u6a21\u306b\u3088\u3063\u3066\u7570\u306a\u308a\u307e\u3059\u3002<\/p>\n

              \u300cPER\u304c10\u500d\u3067\u683c\u5b89\u3060\u3063\u305f\u304b\u3089\u3042\u308b\u9298\u67c4\u3092\u8cb7\u3063\u3066\u307f\u305f\u3002\u3057\u304b\u3057\u30ea\u30b9\u30af\u306e\u5927\u304d\u3044\u696d\u754c\u3060\u3063\u305f\u305f\u3081\u696d\u7e3e\u304c\u60aa\u5316\u3057\u3066\u4e00\u682a\u3042\u305f\u308a\u306e\u7d14\u5229\u76ca\uff08EPS\uff09\u304c\u534a\u5206\u306b\u3002\u7d50\u679c\u3068\u3057\u3066PER\u306f20\u500d\u306e\u5272\u9ad8\u6c34\u6e96\u306b\u306a\u3063\u3066\u3057\u307e\u3063\u305f\u300d\u3068\u3044\u3046\u8a71\u3082\u6c7a\u3057\u3066\u3081\u305a\u3089\u3057\u304f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n

              PER\u306e\u8a08\u7b97\u306b\u4f7f\u3046EPS\u306f\u3042\u304f\u307e\u3067\u3082\u76f4\u8fd1\u306e\u4e88\u60f3\u6570\u5b57\u3002\u3082\u3057\u3082\u671f\u306e\u9014\u4e2d\u306b\u4e0b\u65b9\u4fee\u6b63\u304c\u5165\u308c\u3070\u9014\u7aef\u306b\u5272\u9ad8\u306b\u306a\u308a\u307e\u3059\u3002\u306a\u305c\u305d\u306e\u9298\u67c4\u306ePER\u304c\u4f4e\u3044\u306e\u304b\u3001\u305d\u306e\u7406\u7531\u3092\u696d\u754c\u5168\u4f53\u304b\u3089\u8aad\u307f\u89e3\u304b\u306a\u304f\u3066\u306f\u306a\u308a\u307e\u305b\u3093\u3002<\/strong><\/p>\n

              \u666f\u6c17\u904e\u654f\u9298\u67c4<\/h4>\n

              \u666f\u6c17\u306b\u3088\u308b\u5f71\u97ff\u304c\u5927\u304d\u3044\u9298\u67c4\u306e\u3053\u3068\u3002<\/strong><\/span>\u524d\u8ff0\u3057\u305f\u300c\u30c7\u30a3\u30d5\u30a7\u30f3\u30b7\u30d6\u9298\u67c4\u300d\u3068\u53cd\u5bfe\u306e\u610f\u5473\u3092\u6301\u3061\u307e\u3059\u3002\u8a2d\u5099\u6295\u8cc7\u95a2\u9023\u3092\u306f\u3058\u3081\u3001\u9244\u92fc\u304a\u3088\u3073\u5316\u5b66\u3001\u7d19\u30d1\u30eb\u30d7\u306a\u3069\u306e\u7d20\u6750\u7523\u696d\u3001\u4e0d\u52d5\u7523\u3084\u8a3c\u5238\u306a\u3069\u304c\u666f\u6c17\u904e\u654f\u9298\u67c4\u306e\u4ee3\u8868\u7684\u306a\u696d\u754c\u3067\u3059\u3002<\/p>\n

              \u3053\u308c\u3089\u306f\u597d\u6cc1\u6642\u306b\u306f\u591a\u304f\u306e\u7d20\u6750\u3084\u8a2d\u5099\u304c\u5fc5\u8981\u306b\u306a\u308a\u682a\u4fa1\u3082\u4e0a\u6607\u3057\u307e\u3059\u304c\u3001\u4e0d\u6cc1\u6642\u306b\u306f\u9700\u8981\u304c\u4f4e\u8ff7\u3057\u3001\u696d\u7e3e\u3082\u60aa\u5316\u3057\u307e\u3059\u3002\u300c\u666f\u6c17\u5faa\u74b0\u682a\u300d\u3042\u308b\u3044\u306f\u300c\u30b7\u30af\u30ea\u30ab\u30eb\u682a\u300d\u3068\u547c\u3070\u308c\u308b\u5834\u5408\u3082\u3042\u308b\u306e\u3067\u3059\u3002<\/p>\n

              \u2465\u65b0\u8208\u4f01\u696d\u306ePER\u306f\u9ad8\u3081\u306b\u51fa\u308b\u5834\u5408\u3082<\/h3>\n

              PER\u306e\u9ad8\u4f4e\u306f\u4f1a\u793e\u306e\u6210\u9577\u30d5\u30a7\u30fc\u30ba\u306b\u3088\u3063\u3066\u7570\u306a\u308b\u306e\u3067\u3059\u3002\u6210\u7acb\u304b\u3089\u9593\u3082\u306a\u304f\u7d4c\u55b6\u57fa\u76e4\u3084\u898f\u6a21\u306e\u5c0f\u3055\u3044\u65b0\u8208\u4f01\u696d\u306ePER\u306f\u3001\u9ad8\u3081\u306b\u51fa\u308b\u50be\u5411\u306b\u3042\u308a\u307e\u3059\u3002\u6210\u7acb\u304b\u3089\u9593\u3082\u306a\u3044\u4f01\u696d\u306f\u501f\u308a\u5165\u308c\u304c\u591a\u304f\u306a\u308a\u3001\u8ca0\u50b5\u6bd4\u7387\u304c\u9ad8\u304f\u306a\u308b<\/strong>\u305f\u3081\u3067\u3059\u3002<\/p>\n

              \u9577\u671f\u501f\u5165\u91d1\u306a\u3069\u304c\u5927\u304d\u304f\u306a\u308b\u306e\u306b\u5fdc\u3058\u3066\u7d14\u8cc7\u7523\u6bd4\u7387\u306f\u4f4e\u304f\u306a\u308a\u3001\u305d\u306e\u7d50\u679cPER\u306f\u9ad8\u304f\u306a\u308a\u307e\u3059\u3002\u3053\u3053\u304b\u3089\u3082PER\u304c\u9ad8\u3044\uff1d\u682a\u4fa1\u304c\u5272\u9ad8\u3068\u306f\u8a00\u3044\u5207\u308c\u306a\u3044\u3068\u308f\u304b\u308b\u3067\u3057\u3087\u3046\u3002PER\u3060\u3051\u3067\u306a\u304f\u3001\u5f8c\u8ff0\u3059\u308bPBR\u3084ROE\u306a\u3069\u8907\u6570\u306e\u6307\u6a19\u3092\u898b\u308b\u306e\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n

              \uff15\uff0ePER\u4ee5\u5916\u306e\u985e\u4f3c\u6307\u6a19<\/h2>\n

              \u4f01\u696d\u306e\u6210\u9577\u6027\u3092\u793a\u3059\u6307\u6a19\u306fPER\u3060\u3051\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u3053\u3053\u3067\u306f\u300cPBR\u300d\u3068\u300cROE\u300d\u306e\u610f\u5473\u3001\u307e\u305fPER\u3068\u306e\u9055\u3044\u306b\u3064\u3044\u3066\u8aac\u660e\u3057\u307e\u3059\u3002<\/p>\n

              PBR\u3068\u306f\uff1f<\/h3>\n

              \u4f1a\u793e\u306e\u6e96\u8cc7\u7523\u306b\u305f\u3044\u3057\u3066\u682a\u4fa1\u304c\u9069\u5207\u306a\u6c34\u6e96\u3067\u3042\u308b\u304b\u3092\u5224\u65ad\u3059\u308b\u6307\u6a19\u306e\u3053\u3068\u3002<\/strong><\/span>Price Book-valueRatio\u306e\u982d\u6587\u5b57\u3092\u53d6\u3063\u305f\u7565\u8a9e\u3067\u3001\u65e5\u672c\u8a9e\u3067\u306f\u300c\u682a\u4fa1\u7d14\u8cc7\u7523\u500d\u7387\u300d\u3068\u306a\u308a\u307e\u3059\u3002\u8a08\u7b97\u5f0f\u306f\u300c\u682a\u4fa1\u00f7BPS\uff08\u4e00\u682a\u3042\u305f\u308a\u306e\u7d14\u8cc7\u7523\uff09\u300d\u3067\u3059\u3002<\/p>\n

              \u304b\u3064\u3066\u300cPBR\uff1d1\u500d\uff08\u682a\u4fa1\u3068\u8cc7\u7523\u4fa1\u5024\u304c\u540c\u3058\uff09\u300d\u304c\u682a\u4fa1\u5e95\u5024\u306e\u3072\u3068\u3064\u306e\u76ee\u5b89\u3067\u3057\u305f\u304c\u8fd1\u5e74\u3001\u9577\u3044\u95931\u500d\u3092\u4e0b\u56de\u3063\u305f\u307e\u307e\u306e\u9298\u67c4\u3082\u591a\u304f\u306a\u3063\u3066\u304d\u307e\u3057\u305f\u3002<\/p>\n

              PER\u3068PBR\u3068\u306e\u9055\u3044<\/h4>\n

              PER\u3068PBR\u306f\u3069\u3061\u3089\u3082\u682a\u4fa1\u306e\u59a5\u5f53\u6027\u3092\u8868\u3059\u6307\u6a19\u3067\u3059\u3002\u4e00\u822c\u7684\u306b\u3069\u3061\u3089\u3082\u6570\u5024\u304c\u5927\u304d\u3051\u308c\u3070\u682a\u4fa1\u306f\u5272\u9ad8\u306b\u3001\u6570\u5024\u304c\u5c0f\u3055\u3051\u308c\u3070\u682a\u4fa1\u306f\u5272\u5b89\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n

              PER\u3068PBR\u306f\u3088\u304f\u4f3c\u3066\u3044\u308b\u305f\u3081\u6df7\u540c\u3055\u308c\u304c\u3061\u3067\u3059\u3002\u3057\u304b\u3057PER\u3067\u306f\u300c\u7d14\u5229\u76ca\u300d\u3092\u3001PBR\u3067\u306f\u300c\u7d14\u8cc7\u7523\u300d\u3092\u57fa\u6e96\u3068\u3057\u3066\u3044\u308b\u70b9\u304c\u7570\u306a\u308a\u307e\u3059\u3002<\/p>\n

              \u7d14\u8cc7\u7523\u3068\u306f\u8cb8\u501f\u5bfe\u7167\u8868\uff08B\/S\uff09\u306e\u300c\u8cc7\u672c\u91d1\u300d\u3001\u300c\u8cc7\u672c\u5270\u4f59\u91d1\u300d\u3001\u300c\u5229\u76ca\u5270\u4f59\u91d1\u300d\u306e\u3053\u3068\u3002\u3053\u308c\u3089\u3092\u30d9\u30fc\u30b9\u306b\u3057\u3066\u300c\u682a\u4fa1\u306b\u5bfe\u3057\u3066\u3069\u308c\u304f\u3089\u3044\u306e\u8cc7\u7523\u3092\u6301\u3063\u3066\u3044\u308b\u304b\u300d\u3092\u5224\u65ad\u3059\u308b\u6307\u6a19\u304cPBR\u3067\u3059\u3002<\/p>\n

              \u4e00\u65b9PER\u306f\u3001\u4f01\u696d\u306e\u51fa\u3059\u5229\u76ca\u306b\u5bfe\u3057\u3066\u682a\u4fa1\u306e\u7b97\u5b9a\u4fa1\u683c\u304c\u5272\u9ad8\u306a\u306e\u304b\u5272\u5b89\u306a\u306e\u304b\u3092\u6e2c\u308a\u307e\u3059\u3002<\/p>\n

              ROE\u3068\u306f\uff1f<\/h3>\n

              \u300c\u5f53\u671f\u7d14\u5229\u76ca\u00f7\u81ea\u5df1\u8cc7\u672c\u300d\u306e\u8a08\u7b97\u5f0f\u306b\u3066\u3001\u8cc7\u672c\u306b\u5bfe\u3057\u3066\u4f01\u696d\u304c\u3069\u308c\u3060\u3051\u306e\u5229\u76ca\u3092\u751f\u307f\u51fa\u3057\u3066\u3044\u308b\u304b\u3092\u6e2c\u308b\u6307\u6a19\u306e\u3053\u3068\u3002<\/strong><\/span>Return onEquity\u306e\u7565\u3067\u3001\u65e5\u672c\u8a9e\u306b\u8a33\u3059\u3068\u300c\u81ea\u5df1\u8cc7\u672c\u5229\u76ca\u7387\u300d\u3042\u308b\u3044\u306f\u300c\u682a\u4e3b\u8cc7\u672c\u5229\u76ca\u7387\u300d\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n

              \u6570\u5024\u304c\u9ad8\u3044\u307b\u3069\u7d4c\u55b6\u52b9\u7387\u304c\u3088\u304f\u3001\u52b9\u7387\u7684\u306b\u8cc7\u672c\u3092\u4f7f\u3063\u3066\u5229\u76ca\u3092\u751f\u307f\u51fa\u305b\u305f\u3068\u5224\u65ad\u3067\u304d\u308b\u306e\u3067\u3059\u3002\u53cd\u5bfe\u306bROE\u306e\u4f4e\u3044\u4f1a\u793e\u306f\u7d4c\u55b6\u52b9\u7387\u306e\u60aa\u3044\u4f1a\u793e\u3068\u5224\u65ad\u3055\u308c\u3001\u6295\u8cc7\u5bb6\u304b\u3089\u306e\u304a\u91d1\u304c\u96c6\u307e\u308a\u306b\u304f\u304f\u306a\u308a\u307e\u3059\u3002\u4e00\u822c\u7684\u306bROE\u304c10\uff05\u3092\u4e0a\u56de\u308b\u3068\u512a\u826f\u306a\u4f01\u696d\u3068\u8a55\u4fa1\u3055\u308c\u308b\u306e\u3067\u3059\u3002<\/p>\n

              PER\u3001PBR\u3001ROE\u304b\u3089\u308f\u304b\u308b\u3053\u3068<\/h3>\n

              PER\u3068PBR\u3001\u305d\u3057\u3066ROE\u306e\u95a2\u4fc2\u306f\u300cPER\uff1dPBR\u00f7ROE\u300d\u3067\u8868\u305b\u307e\u3059\u3002<\/strong>\u3053\u306e\u6570\u5f0f\u306f\u300cPBR\uff1dROE\u00d7PER\u300d\u3068\u3082\u7f6e\u304d\u63db\u3048\u3089\u308c\u308b\u306e\u3067\u3059\u3002\u3064\u307e\u308aROE\u304c\u9ad8\u304f\u306a\u308c\u3070PER\u306f\u4f4e\u304f\u306a\u308a\u3001\u682a\u4fa1\u306e\u4e0a\u6607\u304c\u671f\u5f85\u3067\u304d\u308b\u3068\u3044\u3048\u307e\u3059\u3002<\/p>\n

              \u305f\u3060\u3057\u682a\u4fa1\u3068ROE\u306b\u76f4\u63a5\u7684\u306a\u95a2\u4fc2\u306f\u3042\u308a\u307e\u305b\u3093\u3002ROE\u304c10\uff05\u306e\u9298\u67c4\u306f1,000\u5186\u306a\u3089\u5272\u5b89\u3060\u304c2,000\u5186\u306a\u3089\u5272\u9ad8\u3001\u3068\u3044\u3046\u4f7f\u3044\u65b9\u306f\u3067\u304d\u307e\u305b\u3093\u3002\u5358\u7d14\u306bROE\u306e\u6570\u5024\u3060\u3051\u306b\u6ce8\u76ee\u3057\u3066\u9298\u67c4\u3092\u9078\u3076\u306e\u3067\u306f\u306a\u304f\u3001\u696d\u7e3e\u3084\u8ca1\u52d9\u9762\u306e\u5b89\u5168\u6027\u3082\u8003\u616e\u3057\u305f\u7dcf\u5408\u7684\u306a\u5224\u65ad\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n","protected":false},"excerpt":{"rendered":"

              PER\u3068\u306f\u4f01\u696d\u306e\u6210\u9577\u6027\u3092\u5206\u6790\u3059\u308b\u6307\u6a19\u306e\u3072\u3068\u3064\u3067\u3059\u3002\u3053\u3053\u3067\u306fPER\u306e\u7a2e\u985e\u3084\u76ee\u5b89\u3001PER\u3092\u8aad\u307f\u89e3\u304f\u969b\u306e\u6ce8\u610f\u70b9\u306a\u3069\u306b\u3064\u3044\u3066\u89e3\u8aac\u3057\u307e\u3059\u3002 \uff11\uff0ePER\uff08\u682a\u4fa1\u53ce\u76ca\u7387\uff09\u3068\u306f\uff1f PER\u3068\u306f\uff08Price Earnings Ratio\uff09\u3068\u306f … <\/p>\n","protected":false},"author":23,"featured_media":33089,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[117],"tags":[28],"class_list":{"0":"post-32692","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ha"},"acf":[],"_links":{"self":[{"href":"https:\/\/www.kaonavi.jp\/dictionary\/wp-json\/wp\/v2\/posts\/32692","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.kaonavi.jp\/dictionary\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kaonavi.jp\/dictionary\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kaonavi.jp\/dictionary\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kaonavi.jp\/dictionary\/wp-json\/wp\/v2\/comments?post=32692"}],"version-history":[{"count":4,"href":"https:\/\/www.kaonavi.jp\/dictionary\/wp-json\/wp\/v2\/posts\/32692\/revisions"}],"predecessor-version":[{"id":39295,"href":"https:\/\/www.kaonavi.jp\/dictionary\/wp-json\/wp\/v2\/posts\/32692\/revisions\/39295"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kaonavi.jp\/dictionary\/wp-json\/wp\/v2\/media\/33089"}],"wp:attachment":[{"href":"https:\/\/www.kaonavi.jp\/dictionary\/wp-json\/wp\/v2\/media?parent=32692"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kaonavi.jp\/dictionary\/wp-json\/wp\/v2\/categories?post=32692"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kaonavi.jp\/dictionary\/wp-json\/wp\/v2\/tags?post=32692"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}