P/e Ratio Influence Factors Analysis Of Electronic Information Industry

Investors need to measure the stock before investing potential. Investors also need todetermine whether the stock market. The price-earnings ratio is the ratio between the stockmarket price per share and earnings per share. Price-earnings ratio can be used to assess therisks and benefits of the stock. Investors can judge the investment value of the stock byPrice-earnings ratio. Price-earnings ratio is a stock market value judgment, a risk judgment,an important basis of the income of judgment. Price-earnings ratio is an evaluation of thestandards of determining a stock market’s ability to healthy and sustainable development.Price-earnings ratio is also an evaluation of the standards, whether it has an importantcriterion of the bubble. Earnings ratio is a measure of stock potential toinvestors.According to the important indicator, at the same time,investors can determinewhether to enter the market. Therefore, the stocks’ price-earnings ratio are more and moreattention. The growing number of scholars on the analysis of price-earnings ratio.With the rapid development of science and technology, electronic informationproducts has increasingly become an indispensable part of daily life and work. People’sdemand for electronic information products is growing. The electronic informationindustry gradually has a dominant position in the national economy.It’s one of the signs ofbecoming a regional and even national economic level of development. Increasingly highdegree of concern with the electronic information industry, the investors investmenting thestock of the electronic information industry enthusiasm has gradually increased.Theproportion of investment is gradually increase. Therefore, we analyze the price-earningsratio of electronic information industry.At present, domestic and foreign scholars on the analysis of the industry average ofthe Comparative Study more and more.They through statistical analysis to find the forecastmodel of the price-earnings ratio. However,scholars analysis the impact of corporateearnings ratio of factors less on the company’s own factors.Also,investors ignored theresearch on a variety of factors affect the price-earnings ratio is negative extent. In thispaper,base on the existing research,we research from the aspects of macroeconomic, stockmarket, industry factors analysis affecting the price-earnings ratio of the electronicinformation industry. Meanwhile, this paper examines the impact of the negative corporateearnings ratio of factors impact on the electronic information industry.First, we have a multiple regression analysis of macroeconomic factors and a multipleregression analysis of the securities market factors researching the average price-earningsratio of the electronic information industry; Second, we use panel data regression model to study the electronic information industry factors on the price-earnings ratio of listedcompanies; Finally, we used logistic regression analysis of the impact of various factors onthe price-earnings ratio positive or negative the degree of electronic information industry.Through this paper’s analysis, we can get some greater impact factors of theelectronic information industry price-earnings ratio.We can also get a high influence factorof the earnings impact on listed companies. At the same time, we can get various factorsaffect the degree of positive or negative price-earnings ratio of listed companies. Accordingto the results of this study, the Commission can adjust relevant policies in the control of theindustry price-earnings ratio; The electronic information industry companies can increasethe market’s attention and attract more investors by changing the relevant index value ofthe stock;The investors can determine the development trend of the stock of the electronicsindustry.