Research On Useing The Internal Mutiple Valuing Methods To Evaluate The Listed Company Each Value

The theory of Corporate Valuation Based Assessment is the core content of the modern capital market theories and the research on it has important significance not only of theories but also of realities. The methods of the multiple valuing methods are one of the most important of the theory of Corporate Valuation Based Assessment.There're some difficulties and problems when the traditional multiple valuing methods are applied on the Chinese securities market because of the lack of the premising conditions. In addition, the history of the Chinese securities business is very short. It's only in the recent years that the conception of value investment springs up and is accepted by people. The history that the multiple valuing methods are applied and studied on Chinese securities market is also very short and the premising conditions are often ignored in the practice. Then the multiple valuing methods are often falsely used. The connotations, the influencing factors and the correlation of the ratio indexes are not studied systematically, so there're some mistakes on the understanding and application of them. Aim at above-mentioned mistake area, this text put forward making use of the internal multiple methods to estimate a value.The contents of this thesis are divided into five chapters allocated as below: In chapter 1, it provide research background and meaning of the subject, introduce the current situation of relevant research, and the brief contents of whole thesis. In chapter 2, it Introduce the traditional multiple valuing methods and point out its blemish. In chapter 3, it gives the theories that the internal multiple estimates to be worth a method. And make use of related analysis the method study various multiple estimates value ratio index sign of relation, with the internal multiple estimate a value method come analytical, resolve to estimate the problem in the value, then point out the internal multiple estimates a value method to limit sex. In chapter 4, it passes through the case study of the Sinopec, to concrete analysis, and to elaborate on the internal multiple valuing methods in the fulfillment of application. In chapter 5, the conclusion based on above positive research will be made out.There are four primary conclusions in the paper. The first is the internal multiple valuing methods can solve the problem effectively which the traditional multiple valuing methods can not be applied on the Chinese securities market. The second is the internal relative valuing methods give the answers to the hot issues in a wholly new way. Moreover, through the research on the mathematics models and the statistical analysis to the statistical datum, we can find out the strong pertinence among the ratio indexes. The internal relative valuing methods can establish the relation between the valuing methods of cash flow and the traditional relative valuing methods. Of course, there still have many shortages in this paper. Consequently, further discussion will be called for. The factors influence the valuing results are always mutative. So only through the deep analysis and long-term track and adjusting the values of the variable according to the changes, the investors can get the more accurate valuing results. At the same time, valuing the variable on the information of a company is also very difficult. Not only the valuing methods of cash flow but also the traditional multiple valuing methods need to be applied with other methods together.