势将打破全球集资额最高纪录的工行A+H股招股活动已正式启动。消息人士透露，工行A股招股价初定为每股2.6元～3.12元人民币，市账率介乎1.95～2.23 倍。
The world-record US$19.1 billion public offer by Industrial and Commercial Bank of China was met with great enthusiasm by domestic and overseas investors yesterday.
The bank set its A-share price at between 2.6 yuan and 3.12 yuan 1.95 times and 2.23 times its 2006 book value, bankers involved in the sale said.
报道中的book value指的是“(股票的)账面价值”，又称“股票净值”或“每股净资产”，是每股股票所代表的实际资产的价值。“市账率”即“股价与股票帐面值的比率”，其相应的英文表达为“price-to-book ratio”，显然，“市账率”越低，股价愈便宜。
在商业纪录中，“book value”(帐面价值)指公司显示在“资产负债表上的价值”，即公司的净资产值，相等于总资产减无形资产(专利、商誉等)及负债。
看例句：Book value per share is equal to the net assets represented by one share of stock.(每股账面价值等于每股股票代表的净资产。)
发表于 2016-8-12 16:34:46