A further measure that has signalled market tops and bottoms over the years is known as q. This refers to the ratio of the value of a company to its net worth - the value of the equity on its balance sheet. Again, over time, the market value of a company will tend to converge on this measure. Again, after being overvalued for more than a decade, stocks now appear to be at about fair value according to q.
另一个多年来一直预示着股市顶部和底部的衡量标准被称作q。它指的是公司股票市值与公司净值（资产负债表上的权益价值）之间的比率。公司市值又会逐渐趋向这一标准。根据q比率，在被高估逾10年后，股价如今似乎再一次处于合理价值。
您已阅读8%（516字），剩余92%（6221字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。