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估值周报(0721-0725):最新A股、港股、美股估值怎么看?-20250726
HUAXI Securities·2025-07-26 11:18

A-share Market Valuation - The current PE (TTM) for the A-share market is 16.34, with a historical average of 23.49[7] - The Shanghai Composite Index has a PE (TTM) of 13.47, while the ChiNext Index stands at 49.19[10] - The A-share market's risk premium rate is currently at 0.76%[18] Hong Kong Market Valuation - The Hang Seng Index has a current PE (TTM) of 11.32, with a maximum of 22.67 and a minimum of 7.36 recorded historically[59] - The Hang Seng Technology Index shows a current PE (TTM) of 21.51, indicating a significant valuation compared to other indices[65] US Market Valuation - The S&P 500 Index has a current PE (TTM) of 28.63, with historical extremes ranging from 11.21 to 41.99[79] - The NASDAQ Index's current PE (TTM) is 42.96, reflecting a high valuation compared to historical data[87] Sector Valuation Insights - In the A-share market, the food and beverage sector has a low PE (TTM) of 18.51, while the technology sector has a high PE of 87.91[24][38] - The banking sector in the A-share market has a PB (LF) of 0.91, indicating a relatively low valuation compared to historical averages[27] Chinese Concept Stocks - Key Chinese concept stocks show a median PS of 7.38 for Alibaba and 2.92 for Baidu, with current values significantly lower than historical highs[96]