The Research Of Estimation Problem Of Listed Company Stock

Securities investment is a systematic project, which need a series of professional knowledge and ability. We must first understand the national macro economic situation. Secondly, to understand the economic law,economic cycle and monetary and financial knowledge. Research the industry and the company,and determine its future direction and development space. When we find the good opportunity, do the investment.It is the 2014 which destined to get in China capital development history.In the face of domestic and international new situation, new national leaders pay considerable attention to the capital market, actively lead the play of capital market financing function. Boosting a series of national leadership speech, lunching the economic stimulus policy, wihch makes the stock market exploded in the second half of the year.This paper first reviews and analysis of the classical methods of enterprise valuation. Then selects Laobaigan wine for empirical analysis. After nearly two years of adjustment, bubble in Liquor plate began to burst. This paper selects Laobaigan coltd. as the research object.After the analysis of financial data of nearly 3 years, predict the future data, and value the enterprises from DDM method, DCF method and PE method. I analyses the difference of the valuation results and the causes of the difference. At the same time, showing the risks for investors from compairing the valuate price and market price.