估值周报（0811-0815）：最新A股、港股、美股估值怎么看？-20250816

A-shares Valuation - The current PE (TTM) for the A-share market is 15.88, with a median of 13.44 and a maximum of 30.60[10] - The PE (TTM) for the Shanghai Composite Index is 13.72, while the CSI 300 is at 12.76[10] - The PE (TTM) for the ChiNext Index is significantly higher at 49.11, indicating a growth-oriented market segment[10] Hong Kong Stocks Valuation - The Hang Seng Index has a current PE (TTM) of 11.52, with a median of 10.26 and a maximum of 22.67[56] - The Hang Seng Technology Index shows a higher PE (TTM) of 21.94, reflecting the tech sector's growth potential[62] US Stocks Valuation - The S&P 500 has a current PE (TTM) of 26.87, with a median of 20.86 and a maximum of 41.99[78] - The NASDAQ Index has a PE (TTM) of 40.41, indicating a strong valuation in the tech-heavy index[80] Sector-Specific Insights - In the A-share market, the food and beverage sector has a low PE (TTM) of 18.30, while the computer sector is at a high of 92.02[24] - The banking sector in A-shares has a PB (LF) of 0.60, indicating undervaluation compared to historical averages[27] Comparative Analysis - Chinese banks have a median PB of 0.92, while US banks like JPMorgan Chase have a median PB of 1.32, showing a valuation gap[99] - Key Chinese tech stocks like Alibaba have a median PS of 7.46, while JD.com is at 5.51, reflecting varying market sentiments[95]