| With the development of global economic integration and the rise of the network economy,the development of the logistics industry has become one of the important indicators to measure a country’s overall national strength.How to obtain good investment income while diversifying risks is a difficult problem for investors.Therefore,the factor analysis method and the revised P/E ratio method are used to study the investment value of listed companies in China’s logistics industry.Firstly,the concepts of logistics,logistics and investment value are defined,and the relevant theories of investment value are expounded,DDM model,CPAM Model and and so on.Secondly,we know that although China’s logistics industry is constrained by some factors in the development,the total amount of China’s logistics industry is increasing,the cost is gradually decreasing,and the efficiency is constantly improving.The future has a lot of room for development.Thirdly,13 indicators were selected from the financial perspective to establish a logistics performance evaluation index system,and the total factor ranking of 54 listed companies was obtained by establishing a factor analysis model.Finally,selectting the ranking with the total factor score greater than zero and the revised price-earnings ratio filter out the undervalued stocks.The weighted index formed by the top five stocks for comparative analysis with the Shanghai Composite Index and Shenzhen Stock Exchange Index.And draw the following conclusions: First,it is clear that among the 26 companies with a total factor score greater than zero,the stock value of21 listed companies is undervalued;Second,the weighted index of the top five stocks is compared with the Shanghai Stock Exchange Index and the Shenzhen Stock Exchange Index.It is known that the logistics listed companies that are selected by factor analysis combined with the entropy weight-price-earning ratio method have investment value.Figure12;Table15;Reference 52... |
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