{"id":11261,"date":"2024-10-01T17:00:33","date_gmt":"2024-10-01T08:00:33","guid":{"rendered":"https:\/\/aibashiro.jp\/contents\/?p=11261"},"modified":"2025-11-07T17:00:24","modified_gmt":"2025-11-07T08:00:24","slug":"what-is-per","status":"publish","type":"post","link":"https:\/\/aibashiro.jp\/contents\/what-is-per\/","title":{"rendered":"PER\u3068\u306f\uff1f\u682a\u3067\u898b\u308b\u682a\u4fa1\u53ce\u76ca\u7387\u306e\u610f\u5473\u3084\u8a08\u7b97\u306a\u3069\u4f7f\u3044\u65b9\u3092\u521d\u5fc3\u8005\u5411\u3051\u306b\u89e3\u8aac"},"content":{"rendered":"<p>PER\uff08\u682a\u4fa1\u53ce\u76ca\u7387\uff09\u306f\u3001\u682a\u4fa1\u304c1\u682a\u5f53\u305f\u308a\u5229\u76ca\uff08EPS\uff09\u306e\u4f55\u500d\u3067\u53d6\u5f15\u3055\u308c\u3066\u3044\u308b\u304b\u3092\u793a\u3059\u201c\u500d\u7387\u306e\u7269\u5dee\u3057\u201d\u3067\u3059\u3002<\/p>\n<p>\u5272\u5b89\u30fb\u5272\u9ad8\u306e\u624b\u304c\u304b\u308a\u3092\u7d20\u65e9\u304f\u5f97\u3089\u308c\u308b\u4e00\u65b9\u3067\u3001\u5229\u76ca\u306e\u8cea\u3084\u666f\u6c17\u5faa\u74b0\u3092\u7121\u8996\u3059\u308b\u3068\u8aa4\u89e3\u3092\u62db\u304d\u307e\u3059\u3002<\/p>\n<p>\u672c\u8a18\u4e8b\u3067\u306f\u3001PER\u3068\u306f\u4f55\u304b\u3001\u305d\u306e\u8a08\u7b97\u65b9\u6cd5\u3001\u305d\u3057\u3066\u3069\u306e\u3088\u3046\u306b\u6295\u8cc7\u306b\u6d3b\u7528\u3067\u304d\u308b\u304b\u3092\u89e3\u8aac\u3057\u307e\u3059\u3002<\/p>\n<p>\u5177\u4f53\u4f8b\u3092\u4f7f\u3063\u3066\u308f\u304b\u308a\u3084\u3059\u304f\u8aac\u660e\u3057\u3066\u3044\u304f\u306e\u3067\u3001\u305c\u3072\u6700\u5f8c\u307e\u3067\u3054\u89a7\u304f\u3060\u3055\u3044\u3002<\/p>\n<p><a href=\"https:\/\/aibashiro.jp\/contents\/stock-teiikabu\/\">\u4f4e\u4f4d\u682a\u3068\u306f\uff1f\u5c11\u984d\u3067\u59cb\u3081\u3089\u308c\u308b\u6295\u8cc7\u306e\u9b45\u529b\u3068\u6ce8\u610f\u70b9\u3092\u89e3\u8aac<\/a><\/p>\n<h2>PER\u3068\u306f\uff1f\u682a\u4fa1\u53ce\u76ca\u7387\u306e\u57fa\u672c\u3092\u89e3\u8aac<\/h2>\n<p>\u682a\u5f0f\u6295\u8cc7\u306b\u95a2\u3057\u3066\u3001\u4f01\u696d\u306e\u682a\u4fa1\u304c\u305d\u306e\u5b9f\u969b\u306e\u4fa1\u5024\u3068\u9069\u5207\u304b\u3069\u3046\u304b\u3092\u5224\u65ad\u3059\u308b\u305f\u3081\u306b\u3001\u69d8\u3005\u306a\u6307\u6a19\u304c\u4f7f\u308f\u308c\u307e\u3059\u3002<\/p>\n<p>\u305d\u306e\u4e2d\u3067\u3082\u300cPER\uff08\u682a\u4fa1\u53ce\u76ca\u7387\uff09\u300d\u306f\u3001\u7279\u306b\u91cd\u8981\u306a\u57fa\u6e96\u306e\u4e00\u3064\u3067\u3059\u3002<\/p>\n<p>PER\u306f\u3001\u682a\u4fa1\u3068\u4f01\u696d\u306e\u5229\u76ca\u306e\u30d0\u30e9\u30f3\u30b9\u3092\u6570\u5024\u5316\u3059\u308b\u3082\u306e\u3067\u3001\u3053\u306e\u6307\u6a19\u3092\u5229\u7528\u3059\u308b\u3053\u3068\u3067\u3001\u682a\u4fa1\u304c\u5272\u5b89\u306a\u306e\u304b\u5272\u9ad8\u3044\u306e\u304b\u7c21\u5358\u306b\u5224\u65ad\u3067\u304d\u307e\u3059<\/p>\n<p>PER\u3092\u7406\u89e3\u3059\u308b\u3053\u3068\u3067\u3001\u3069\u306e\u9298\u67c4\u304c\u6700\u65b0\u682a\u4fa1\u306b\u898b\u5408\u3063\u305f\u4fa1\u5024\u3092\u6301\u3063\u3066\u3044\u308b\u306e\u304b\u3001\u307e\u305f\u4eca\u5f8c\u4e88\u60f3\u304c\u4e0a\u6607\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u306e\u304b\u200b\u200b\u3092\u898b\u6975\u3081\u308b\u624b\u52a9\u3051\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<p>\u3069\u306e\u3088\u3046\u306b\u5224\u65ad\u3057\u3066\u6295\u8cc7\u306b\u6d3b\u7528\u3067\u304d\u308b\u304b\u3092\u5177\u4f53\u7684\u306b\u89e3\u8aac\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<h3>\u682a\u4fa1\u3068\u4f01\u696d\u306e\u5229\u76ca\uff08EPS\uff09\u306e\u30d0\u30e9\u30f3\u30b9\u3092\u6e2c\u308b\u6307\u6a19<\/h3>\n<p><img decoding=\"async\" src=\"https:\/\/aibashiro.jp\/contents\/wp\/wp-content\/uploads\/2024\/10\/720c46b951861ca040c2c2b0c66c078a.png\" alt=\"PER\u3068\u306f,\u682a\" width=\"800\" height=\"450\" class=\"alignnone size-full wp-image-11263\" \/><\/p>\n<p>PER\u306f\u4f01\u696d\u306e\u5229\u76ca\uff08EPS\uff09\u3068\u682a\u4fa1\u306e\u30d0\u30e9\u30f3\u30b9\u3092\u6e2c\u308b\u6307\u6a19\u3067\u3059\u3002<\/p>\n<p>\u5177\u4f53\u7684\u306b\u306f\u3001\u4f01\u696d\u306e\u682a\u4fa1\u304c\u3001\u305d\u306e\u4f01\u696d\u306e1\u682a\u3042\u305f\u308a\u306e\u5229\u76ca\u3068\u6bd4\u8f03\u3057\u3066\u3001\u5272\u9ad8\u307e\u305f\u306f\u5272\u5b89\u3092\u793a\u3057\u307e\u3059\u3002<\/p>\n<p>\u682a\u4fa1\u304c\u4e0a\u6607\u3057\u3066\u3082\u4f01\u696d\u304c\u5229\u76ca\u3092\u4e0a\u3052\u3066\u3044\u306a\u3044\u5834\u5408\u3001\u305d\u306e\u682a\u306f\u300c\u5272\u9ad8\u300d\u3068\u5224\u65ad\u3055\u308c\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u3001\u9006\u306b\u4e0a\u6607\u3057\u3066\u3082\u4f01\u696d\u304c\u5b89\u5b9a\u3057\u3066\u5229\u76ca\u304c\u51fa\u3057\u3066\u3044\u308b\u5834\u5408\u306b\u306f\u300c\u5272\u5b89\u300d\u3068\u307f\u306a\u3055\u308c\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u3053\u306e\u30d0\u30e9\u30f3\u30b9\u306f\u3001\u682a\u5f0f\u5e02\u5834\u3067\u306e\u6295\u8cc7\u5224\u65ad\u306b\u5927\u304d\u306a\u5f71\u97ff\u3092\u4e0e\u3048\u307e\u3059\u3002<\/p>\n<p>\u6295\u8cc7\u5bb6\u306f\u3053\u306ePER\u3092\u3082\u3068\u306b\u3001\u305d\u306e\u9298\u67c4\u304c\u6700\u65b0\u4fa1\u683c\u3067\u9069\u6b63\u304b\u3001\u4eca\u5f8c\u4fa1\u5024\u304c\u4e0a\u304c\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b\u304b\u3092\u5224\u65ad\u3057\u307e\u3059\u3002<\/p>\n<p>PER\u304c\u4f4e\u3044\u5834\u5408\u3001\u682a\u4fa1\u304c\u4e0a\u6607\u3057\u3084\u3059\u3044\u300c\u5272\u5b89\u682a\u300d\u3068\u898b\u3089\u308c\u308b\u3053\u3068\u304c\u591a\u304f\u3001\u9006\u306bPER\u304c\u9ad8\u3044\u5834\u5408\u306f\u3001\u3059\u3067\u306b\u5e02\u5834\u3067\u8a55\u4fa1\u3055\u308c\u3066\u3044\u308b\u300c\u5272\u9ad8\u682a\u300d\u3068\u898b\u3089\u308c\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<h3>\u682a\u4fa1\u3068\u4f01\u696d\u306e\u5229\u76ca\uff08EPS\uff09\u306e\u95a2\u4fc2\u3068\u306f\uff1f<\/h3>\n<p>\u682a\u4fa1\u3068\u4f01\u696d\u306e\u5229\u76ca\uff08EPS\uff09\u306f\u3001\u6295\u8cc7\u5bb6\u304c\u682a\u3092\u8cb7\u3046\u304b\u3069\u3046\u304b\u5224\u65ad\u3059\u308b\u3068\u304d\u306b\u91cd\u8981\u306a\u6307\u6a19\u3067\u3059\u3002<\/p>\n<p>\u682a\u4fa1\u306f\u3001\u73fe\u5728\u305d\u306e\u682a\u304c\u5e02\u5834\u3067\u3069\u308c\u304f\u3089\u3044\u306e\u5024\u6bb5\u3067\u53d6\u5f15\u3055\u308c\u3066\u3044\u308b\u304b\u3092\u8868\u3057\u307e\u3059\u3002<\/p>\n<p>EPS\uff081\u682a\u3042\u305f\u308a\u306e\u5229\u76ca\uff09\u306f\u3001\u4f01\u696d\u304c\u5f97\u305f\u5229\u76ca\u3092\u767a\u884c\u3057\u3066\u3044\u308b\u682a\u5f0f\u306e\u6570\u3067\u5272\u3063\u305f\u3082\u306e\u3067\u30011\u682a\u3054\u3068\u306b\u3069\u308c\u304f\u3089\u3044\u306e\u5229\u76ca\u3092\u751f\u307f\u51fa\u3057\u3066\u3044\u308b\u304b\u3092\u793a\u3057\u307e\u3059\u3002<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/aibashiro.jp\/contents\/wp\/wp-content\/uploads\/2024\/10\/4ff7b324075226e9c597a2c3dd9e4ea0.png\" alt=\"PER\u3068\u306f,\u682a\" width=\"800\" height=\"450\" class=\"alignnone size-full wp-image-11262\" \/><\/p>\n<p>\u3053\u306e\u95a2\u4fc2\u306f\u3001\u682a\u4fa1\u304c\u9ad8\u304f\u3066\u3082\u4f01\u696d\u304c\u3057\u3063\u304b\u308a\u5229\u76ca\u3092\u51fa\u3057\u3066\u3044\u308b\u5834\u5408\uff08EPS\u304c\u9ad8\u3044\uff09\u306a\u3089\u3001\u305d\u306e\u682a\u306f\u300c\u59a5\u5f53\u306a\u4fa1\u683c\u300d\u3068\u5224\u65ad\u3055\u308c\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u53cd\u5bfe\u306b\u3001\u682a\u4fa1\u304c\u9ad8\u3044\u306e\u306b\u4f01\u696d\u306e\u5229\u76ca\u304c\u5c11\u306a\u3044\uff08EPS\u304c\u4f4e\u3044\uff09\u5834\u5408\u306f\u3001\u305d\u306e\u682a\u304c\u300c\u5272\u9ad8\u300d\u3067\u3001\u6295\u8cc7\u5bb6\u304c\u671f\u5f85\u3057\u3059\u304e\u3066\u3044\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u307e\u305f\u3001\u682a\u4fa1\u304c\u4f4e\u304f\u3066\u3082\u4f01\u696d\u306e\u5229\u76ca\u304c\u3057\u3063\u304b\u308a\u3057\u3066\u3044\u308b\u5834\u5408\u3001\u305d\u306e\u682a\u306f\u300c\u5272\u5b89\u300d\u3068\u3055\u308c\u3001\u4eca\u5f8c\u682a\u4fa1\u304c\u4e0a\u304c\u308b\u30c1\u30e3\u30f3\u30b9\u304c\u3042\u308b\u3068\u8003\u3048\u3089\u308c\u308b\u3053\u3068\u3082\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u3064\u307e\u308a\u3001\u682a\u4fa1\u3068EPS\u306e\u30d0\u30e9\u30f3\u30b9\u3092\u898b\u308b\u3053\u3068\u3067\u3001\u305d\u306e\u682a\u304c\u73fe\u5728\u306e\u4fa1\u683c\u306b\u898b\u5408\u3063\u305f\u4fa1\u5024\u3092\u6301\u3063\u3066\u3044\u308b\u304b\u3069\u3046\u304b\u3092\u5224\u65ad\u3067\u304d\u308b\u306e\u3067\u3059\u3002<\/p>\n<p><a href=\"https:\/\/aibashiro.jp\/contents\/study-stocks\/\">\u682a\u306e\u52c9\u5f37\u306f\u306a\u305c\u5fc5\u8981\uff1f\u521d\u5fc3\u8005\u306b\u304a\u3059\u3059\u3081\u306e\u30b9\u30c6\u30c3\u30d7\u3068\u5931\u6557\u3057\u306a\u3044\u305f\u3081\u306e\u30b3\u30c4<\/a><\/p>\n<h2>\u5b9f\u969b\u306e\u6570\u5b57\u3092\u4f7f\u3063\u3066PER\u3092\u8a08\u7b97\u3057\u3066\u307f\u3088\u3046<\/h2>\n<p>PER\u306e\u6982\u5ff5\u3092\u7406\u89e3\u3057\u305f\u3068\u3053\u308d\u3067\u3001\u5b9f\u969b\u306b\u5177\u4f53\u7684\u306a\u6570\u5b57\u3092\u7528\u3044\u3066\u8a08\u7b97\u3057\u3066\u307f\u307e\u3057\u3087\u3046\u3002<\/p>\n<p>PER\u306e\u8a08\u7b97\u306f\u975e\u5e38\u306b\u30b7\u30f3\u30d7\u30eb\u3067\u3001\u6b21\u306e\u8a08\u7b97\u5f0f\u3092\u4f7f\u3044\u307e\u3059\u3002<\/p>\n<h3>\u8a08\u7b97\u5f0f\uff1a\u682a\u4fa1 \u00f7 1\u682a\u3042\u305f\u308a\u306e\u5229\u76ca\uff08EPS\uff09<\/h3>\n<p>PER\u306e\u8a08\u7b97\u5f0f\u306f\u4ee5\u4e0b\u306e\u901a\u308a\u3067\u3059\u3002<\/p>\n<p>PER=\u682a\u4fa1\u00f71\u682a\u5f53\u305f\u308a\u306e\u5229\u76ca\uff08EPS\uff09<\/p>\n<p>\u305f\u3068\u3048\u3070\u3001\u3042\u308b\u4f01\u696d\u306e\u682a\u4fa1\u304c\u300c2,000\u5186\u300d\u3001\u305d\u306e\u4f01\u696d\u306e1\u682a\u3042\u305f\u308a\u306e\u5229\u76ca\uff08EPS\uff09\u304c\u300c100\u5186\u300d\u3060\u3063\u305f\u3068\u3057\u307e\u3057\u3087\u3046\u3002<\/p>\n<p>\u3053\u306e\u5834\u5408\u3001PER\u306f\u6b21\u306e\u3088\u3046\u306b\u8a08\u7b97\u3055\u308c\u307e\u3059\u3002<\/p>\n<p>PER=1,000\u00f7100\uff1d10<\/p>\n<p>\u3053\u306e\u7d50\u679c\u3001PER\u304c\u300c10\u300d\u3068\u3044\u3046\u6570\u5024\u304c\u5f97\u3089\u308c\u307e\u3059\u3002<\/p>\n<p>PER\u304c20\u3068\u3044\u3046\u306e\u306f\u3001\u4f01\u696d\u306e\u5229\u76ca\u306b\u5bfe\u3057\u3066\u5e02\u5834\u304c\u305d\u306e\u682a\u309210\u500d\u306e\u5024\u6bb5\u3067\u8a55\u4fa1\u3057\u3066\u3044\u308b\u3053\u3068\u3092\u793a\u3057\u3066\u304a\u308a\u3001\u6295\u8cc7\u5bb6\u306f\u305d\u306e\u682a\u306e\u4fa1\u5024\u3092\u898b\u6975\u3081\u308b\u305f\u3081\u306e\u91cd\u8981\u306a\u6307\u6a19\u3068\u3057\u3066\u4f7f\u7528\u3057\u307e\u3059\u3002<\/p>\n<p>\u4e00\u822c\u7684\u306b\u306f\u3001\u3053\u306e\u6570\u5024\u304c\u4f4e\u3044\u307b\u3069\u300c\u5272\u5b89\u300d\u3001\u9ad8\u3044\u307b\u3069\u300c\u5272\u9ad8\u300d\u3068\u3055\u308c\u307e\u3059\u304c\u3001\u6570\u5024\u306e\u9069\u6b63\u3055\u306f\u4f01\u696d\u306e\u6210\u9577\u6027\u3084\u696d\u754c\u306e\u5e73\u5747PER\u3068\u6bd4\u8f03\u3057\u3066\u5224\u65ad\u3055\u308c\u308b\u3079\u304d\u3067\u3059\u3002<\/p>\n<h3>\u5b9f\u969b\u306e\u4f8b\u3067PER\u3092\u8a08\u7b97\u3059\u308b<\/h3>\n<p>\u5177\u4f53\u4f8b\u3092\u4f7f\u3063\u3066PER\u306e\u8a08\u7b97\u3092\u898b\u3066\u307f\u307e\u3057\u3087\u3046\u3002<\/p>\n<p>\u3042\u308b\u4f01\u696dB\u306e\u682a\u4fa1\u304c3000\u5186\u30011\u682a\u3042\u305f\u308a\u306e\u5229\u76ca\uff08EPS\uff09\u304c150\u5186\u3067\u3059\u3002\u3053\u306e\u5834\u5408\u3001PER\u306f\u6b21\u306e\u3088\u3046\u306b\u8a08\u7b97\u3057\u307e\u3059\u3002<\/p>\n<p>PER = 3000\u5186 \u00f7 150\u5186 = 20\u500d<\/p>\n<p>\u3053\u306e\u7d50\u679c\u306f\u3001\u4f01\u696dB\u304c\u73fe\u5728\u306e\u5229\u76ca\u6c34\u6e96\u306720\u500d\u306e\u8a55\u4fa1\u3092\u53d7\u3051\u3066\u3044\u308b\u3053\u3068\u3092\u793a\u3057\u307e\u3059\u3002<\/p>\n<p>\u3064\u307e\u308a\u3001PER\uff08\u682a\u4fa1\u53ce\u76ca\u7387\uff09\u304c20\u500d\u3068\u3044\u3046\u3053\u3068\u306f\u3001\u6295\u8cc7\u5bb6\u304c\u305d\u306e\u4f01\u696d\u306e\u682a\u3092\u73fe\u5728\u306e\u682a\u4fa1\u3067\u8cfc\u5165\u3057\u305f\u5834\u5408\u3001\u4f01\u696d\u306e\u5229\u76ca\u306b\u3088\u3063\u3066\u305d\u306e\u6295\u8cc7\u984d\u3092\u56de\u53ce\u3059\u308b\u306e\u306b20\u5e74\u304b\u304b\u308b\u3068\u3044\u3046\u3053\u3068\u3092\u610f\u5473\u3057\u307e\u3059\u3002<\/p>\n<p>\u3053\u306e\u3088\u3046\u306bPER\u3092\u4f7f\u3046\u3053\u3068\u3067\u3001\u682a\u4fa1\u3068\u5229\u76ca\u306e\u30d0\u30e9\u30f3\u30b9\u3092\u6570\u5b57\u3067\u628a\u63e1\u3057\u3001\u6295\u8cc7\u5224\u65ad\u306e\u6750\u6599\u306b\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/p>\n<p><a href=\"https:\/\/aibashiro.jp\/contents\/stock-price-determination-method\/\">\u682a\u4fa1\u306e\u6c7a\u307e\u308a\u65b9\u304c\u308f\u304b\u308b\uff01\u682a\u4fa1\u5909\u52d5\u306e\u30e1\u30ab\u30cb\u30ba\u30e0\u3068\u5b9f\u969b\u306e\u5f71\u97ff\u3092\u5fb9\u5e95\u89e3\u8aac<\/a><\/p>\n<h2><b>PER\u304c\u4f4e\u3044\u3068\u304d\u306e\u6d3b\u7528\u6cd5<\/b><\/h2>\n<p>PER\u304c\u4f4e\u3044\u9298\u67c4\u3092\u898b\u3064\u3051\u305f\u5834\u5408\u306f\u3001\u696d\u7e3e\u3084\u5c06\u6765\u6027\u3001\u696d\u754c\u5168\u4f53\u306e\u72b6\u6cc1\u3092\u614e\u91cd\u306b\u5206\u6790\u3059\u308b\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n<p>\u7279\u306b\u3001\u9577\u671f\u6295\u8cc7\u3092\u8996\u91ce\u306b\u5165\u308c\u308b\u3053\u3068\u3067\u3001\u904e\u5c0f\u8a55\u4fa1\u3055\u308c\u3066\u3044\u308b\u5272\u5b89\u682a\u3092\u8cfc\u5165\u3057\u3001\u5c06\u6765\u7684\u306a\u30ea\u30bf\u30fc\u30f3\u3092\u671f\u5f85\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/p>\n<p>\u307e\u305f\u3001\u30ea\u30b9\u30af\u7ba1\u7406\u3068\u3057\u3066\u5206\u6563\u6295\u8cc7\u3092\u884c\u3044\u3001\u5404\u9298\u67c4\u306e\u30ea\u30b9\u30af\u3068\u30ea\u30bf\u30fc\u30f3\u3092\u30d0\u30e9\u30f3\u30b9\u3088\u304f\u53d6\u308a\u5165\u308c\u308b\u3053\u3068\u3067\u3001\u3088\u308a\u52b9\u679c\u7684\u306a\u6295\u8cc7\u304c\u53ef\u80fd\u3067\u3059\u3002<\/p>\n<h3>\u4f01\u696d\u306e\u696d\u7e3e\u3068\u5c06\u6765\u6027\u3092\u78ba\u8a8d\u3059\u308b<\/h3>\n<p>PER\u304c\u4f4e\u3044\u9298\u67c4\u3092\u898b\u3064\u3051\u305f\u5834\u5408\u3001\u307e\u305a\u306f\u4f01\u696d\u306e\u696d\u7e3e\u3068\u5c06\u6765\u6027\u3092\u78ba\u8a8d\u3059\u308b\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n<p>\u4f4ePER\u304c\u5fc5\u305a\u3057\u3082\u300c\u5272\u5b89\u300d\u3092\u610f\u5473\u3059\u308b\u308f\u3051\u3067\u306f\u306a\u304f\u3001\u4f01\u696d\u306e\u696d\u7e3e\u304c\u60aa\u5316\u3057\u3066\u3044\u308b\u53ef\u80fd\u6027\u3082\u3042\u308b\u305f\u3081\u3067\u3059\u3002<\/p>\n<p>\u4ee5\u4e0b\u306e\u4f8b\u3067\u78ba\u8a8d\u3057\u307e\u3057\u3087\u3046\u3002<\/p>\n<p>A\u793e\uff08\u88fd\u9020\u696d\uff09<br \/>\n\u4f8b\u3048\u3070\u3001\u3042\u308b\u88fd\u9020\u696d\u306eA\u793e\u306ePER\u304c10\u500d\u3067\u3001\u540c\u696d\u4ed6\u793e\u306e\u5e73\u5747PER\u304c15\u500d\u306e\u5834\u5408\u3001A\u793e\u306f\u5272\u5b89\u306b\u898b\u3048\u308b\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u3002<\/p>\n<p>\u3057\u304b\u3057\u3001A\u793e\u306e\u696d\u7e3e\u304c\u6570\u5e74\u9593\u6e1b\u5c11\u3057\u3066\u3044\u305f\u308a\u3001\u5229\u76ca\u304c\u5b89\u5b9a\u3057\u3066\u3044\u306a\u3044\u5834\u5408\u3001\u4f4ePER\u306e\u7406\u7531\u304c\u300c\u4f01\u696d\u306e\u5c06\u6765\u6027\u304c\u306a\u3044\u300d\u3068\u5e02\u5834\u3067\u8a55\u4fa1\u3055\u308c\u3066\u3044\u308b\u3053\u3068\u304c\u8003\u3048\u3089\u308c\u307e\u3059\u3002<\/p>\n<p>\u305d\u306e\u305f\u3081\u3001\u904e\u53bb\u306e\u696d\u7e3e\u3084\u5c06\u6765\u306e\u6210\u9577\u898b\u8fbc\u307f\u3092\u78ba\u8a8d\u3057\u3001\u696d\u7e3e\u56de\u5fa9\u306e\u4f59\u5730\u304c\u3042\u308b\u304b\u3069\u3046\u304b\u3092\u8003\u616e\u3057\u3001\u306a\u3044\u3068\u5224\u65ad\u3067\u304d\u308b\u5834\u5408\u306f\u6295\u8cc7\u3092\u898b\u9001\u308a\u307e\u3057\u3087\u3046\u3002<\/p>\n<p>B\u793e\uff08\u5c0f\u58f2\u696d\uff09<br \/>\n\u540c\u69d8\u306b\u3001\u5c0f\u58f2\u696d\u306eB\u793e\u304c\u904e\u53bb3\u5e74\u9593\u306b\u308f\u305f\u3063\u3066\u5b89\u5b9a\u3057\u305f\u5229\u76ca\u3092\u4e0a\u3052\u3066\u304a\u308a\u3001PER\u304c\u696d\u754c\u5e73\u5747\u3088\u308a\u3082\u4f4e\u3044\u5834\u5408\u3001\u5e02\u5834\u304c\u904e\u5c0f\u8a55\u4fa1\u3057\u3066\u3044\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u3053\u306e\u3088\u3046\u306a\u4f01\u696d\u306f\u3001\u9577\u671f\u7684\u306b\u682a\u4fa1\u304c\u4e0a\u6607\u3059\u308b\u4f59\u5730\u304c\u3042\u308b\u305f\u3081\u3001\u5272\u5b89\u682a\u3068\u3057\u3066\u6ce8\u76ee\u3059\u3079\u304d\u3067\u3059\u3002<\/p>\n<h3>\u696d\u754c\u5168\u4f53\u306e\u52d5\u5411\u3092\u8003\u616e\u3059\u308b<\/h3>\n<p>PER\u306f\u696d\u754c\u306b\u3088\u3063\u3066\u57fa\u6e96\u304c\u7570\u306a\u308b\u305f\u3081\u3001\u696d\u754c\u5168\u4f53\u306e\u52d5\u5411\u3084\u6210\u9577\u6027\u3082\u78ba\u8a8d\u3059\u308b\u3053\u3068\u304c\u5927\u5207\u3067\u3059\u3002<\/p>\n<p>\u4ee5\u4e0b\u306e\u4f8b\u3067\u78ba\u8a8d\u3057\u307e\u3057\u3087\u3046\u3002<\/p>\n<p>C\u793e\uff08IT\u696d\uff09<br \/>\n\u4f8b\u3048\u3070\u3001\u6025\u6210\u9577\u4e2d\u306eIT\u4f01\u696dC\u793e\u306ePER\u304c30\u500d\u3060\u3068\u3057\u307e\u3059\u3002<\/p>\n<p>\u4e00\u898b\u3059\u308b\u3068\u9ad8\u3044PER\u3067\u300c\u5272\u9ad8\u300d\u3068\u601d\u308f\u308c\u308b\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u304c\u3001IT\u696d\u754c\u5168\u4f53\u304c\u6025\u6210\u9577\u3057\u3066\u3044\u308b\u305f\u3081\u3001\u5c06\u6765\u306e\u53ce\u76ca\u5897\u52a0\u306b\u5bfe\u3059\u308b\u671f\u5f85\u304c\u682a\u4fa1\u306b\u53cd\u6620\u3055\u308c\u3066\u3044\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u3082\u3057\u305d\u306e\u6210\u9577\u304c\u6301\u7d9a\u53ef\u80fd\u3067\u3042\u308c\u3070\u3001\u73fe\u5728\u306e\u9ad8\u3044PER\u306f\u9069\u5207\u3068\u5224\u65ad\u3067\u304d\u308b\u3067\u3057\u3087\u3046\u3002<\/p>\n<p>PER\u304c\u9ad8\u304f\u3066\u3082\u3001\u4eca\u5f8c\u6570\u5e74\u306b\u308f\u305f\u308a\u6301\u7d9a\u7684\u306a\u6210\u9577\u304c\u671f\u5f85\u3067\u304d\u308b\u5834\u5408\u306f\u3001\u682a\u4fa1\u304c\u4e00\u6642\u7684\u306b\u8abf\u6574\u3055\u308c\u308b\u53ef\u80fd\u6027\u3092\u8003\u616e\u3057\u3064\u3064\u3001\u9577\u671f\u7684\u306a\u6295\u8cc7\u3092\u76ee\u6307\u3059\u3053\u3068\u304c\u6709\u52b9\u3067\u3059\u3002<\/p>\n<h3>\u9577\u671f\u6295\u8cc7\u306e\u8996\u70b9\u3068\u30ea\u30b9\u30af\u7ba1\u7406\u306e\u5fb9\u5e95<\/h3>\n<p>\u4ee5\u4e0a\u306e\u3088\u3046\u306b\u4f01\u696d\u306e\u696d\u7e3e\u3068\u5c06\u6765\u6027\u3001\u696d\u754c\u5168\u4f53\u306e\u52d5\u5411\u3092\u3057\u3063\u304b\u308a\u3068\u8003\u616e\u3057\u305f\u4e0a\u3067\u3001\u9577\u671f\u6295\u8cc7\u3068\u30ea\u30b9\u30af\u7ba1\u7406\u3092\u5fb9\u5e95\u3059\u308c\u3070\u3001\u5272\u5b89\u682a\u3092\u72d9\u3046\u6295\u8cc7\u306f\u5341\u5206\u306b\u6709\u52b9\u3067\u3059\u3002<\/p>\n<p>\u9577\u671f\u6295\u8cc7\u306e\u8996\u70b9\u3092\u6301\u3064\u3053\u3068\u3067\u3001\u77ed\u671f\u7684\u306a\u682a\u4fa1\u306e\u5909\u52d5\u306b\u5de6\u53f3\u3055\u308c\u305a\u306b\u3001\u4f01\u696d\u306e\u6210\u9577\u3092\u3058\u3063\u304f\u308a\u5f85\u3064\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002<\/p>\n<p>\u682a\u4fa1\u304c\u5272\u5b89\u306a\u3046\u3061\u306b\u6295\u8cc7\u3092\u3057\u3066\u3001\u4f01\u696d\u306e\u696d\u7e3e\u304c\u6539\u5584\u3057\u3001\u682a\u4fa1\u304c\u4e0a\u6607\u3059\u308b\u306e\u3092\u5f85\u3064\u30b9\u30bf\u30a4\u30eb\u306f\u3001\u9577\u671f\u6295\u8cc7\u5bb6\u306b\u3068\u3063\u3066\u6709\u52b9\u306a\u6226\u7565\u3067\u3059\u3002<\/p>\n<p>\u307e\u305f\u682a\u4fa1\u304c\u4f4e\u3044\u7406\u7531\u304c\u696d\u7e3e\u4e0d\u632f\u3084\u696d\u754c\u5168\u4f53\u306e\u554f\u984c\u306b\u8d77\u56e0\u3057\u3066\u3044\u308b\u5834\u5408\u3001\u671f\u5f85\u3059\u308b\u3088\u3046\u306a\u30ea\u30bf\u30fc\u30f3\u3092\u5f97\u3089\u308c\u306a\u3044\u30ea\u30b9\u30af\u3082\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u3053\u306e\u305f\u3081\u3001\u6295\u8cc7\u5148\u3092\u8907\u6570\u306b\u5206\u6563\u3055\u305b\u308b\u3053\u3068\u3067\u3001\u30ea\u30b9\u30af\u3092\u8efd\u6e1b\u3059\u308b\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n<p><a href=\"https:\/\/aibashiro.jp\/contents\/long-term-holding-stocks\/\">\u9577\u671f\u4fdd\u6709\u682a\u306e\u30aa\u30b9\u30b9\u30e1\u306f\uff1f\u52dd\u7387\u304c\u4e0a\u304c\u308b\u9078\u3073\u65b9\u3092\u5fb9\u5e95\u89e3\u8aac<\/a><\/p>\n<h2>PER\u3060\u3051\u3058\u3083\u306a\u3044\uff01\u4ed6\u306e\u91cd\u8981\u306a\u6307\u6a19\u3068\u3042\u308f\u305b\u3066\u4f7f\u304a\u3046<\/h2>\n<p>PER\u306f\u91cd\u8981\u306a\u6307\u6a19\u306e\u4e00\u3064\u3067\u3059\u304c\u3001\u4ed6\u306e\u6307\u6a19\u3082\u3042\u308f\u305b\u3066\u78ba\u8a8d\u3059\u308b\u3053\u3068\u3067\u3001\u3088\u308a\u6b63\u78ba\u306a\u6295\u8cc7\u5224\u65ad\u304c\u53ef\u80fd\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<p>\u3053\u3053\u3067\u306f\u3001\u4ee3\u8868\u7684\u306a\u6307\u6a19\u3067\u3042\u308bPBR\u30fbROE\u3092\u3069\u306e\u3088\u3046\u306b\u3001PER\u3068\u7d44\u307f\u5408\u308f\u305b\u3066\u4f7f\u3046\u304b\u3092\u89e3\u8aac\u3057\u307e\u3059\u3002<\/p>\n<h3>PBR\uff08\u682a\u4fa1\u7d14\u8cc7\u7523\u500d\u7387\uff09<\/h3>\n<p>PBR\u306f\u3001\u682a\u4fa1\u304c\u4f01\u696d\u306e\u7d14\u8cc7\u7523\u306b\u5bfe\u3057\u3066\u3069\u308c\u304f\u3089\u3044\u306e\u4fa1\u5024\u3067\u53d6\u5f15\u3055\u308c\u3066\u3044\u308b\u304b\u3092\u793a\u3059\u6307\u6a19\u3067\u3059\u3002<\/p>\n<p>\u4f8b\u3048\u3070\u3001PER\u304c\u4f4e\u304fPBR\u3082\u4f4e\u3044\u5834\u5408\u3001\u305d\u306e\u4f01\u696d\u306f\u5229\u76ca\u3068\u8cc7\u7523\u306e\u4e21\u65b9\u306b\u5bfe\u3057\u3066\u5272\u5b89\u3068\u5224\u65ad\u3055\u308c\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u4e00\u65b9\u3067\u3001PER\u304c\u9ad8\u304fPBR\u304c\u4f4e\u3044\u5834\u5408\u3001\u8cc7\u7523\u4fa1\u5024\u306b\u5bfe\u3057\u3066\u5272\u5b89\u3060\u304c\u3001\u5229\u76ca\u304c\u671f\u5f85\u3055\u308c\u3066\u3044\u308b\u305f\u3081\u682a\u4fa1\u304c\u9ad8\u3081\u306b\u306a\u3063\u3066\u3044\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u4ee5\u4e0b\u306e\u5177\u4f53\u4f8b\u3092\u898b\u3066\u307f\u307e\u3057\u3087\u3046\u3002<\/p>\n<p>A\u793e\u306ePER\u304c10\u500d\u3001PBR\u304c0.8\u500d\u306e\u5834\u5408\u3001\u5229\u76ca\u306b\u5bfe\u3057\u3066\u3082\u8cc7\u7523\u306b\u5bfe\u3057\u3066\u3082\u682a\u4fa1\u304c\u5272\u5b89\u3068\u3055\u308c\u3001\u6295\u8cc7\u306e\u30c1\u30e3\u30f3\u30b9\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>B\u793e\u306ePER\u304c25\u500d\u3001PBR\u304c2.5\u500d\u3060\u3068\u3001\u682a\u4fa1\u304c\u9ad8\u3081\u3067\u5272\u9ad8\u611f\u304c\u3042\u308a\u3001\u30ea\u30b9\u30af\u304c\u9ad8\u3044\u3068\u5224\u65ad\u3055\u308c\u308b\u3053\u3068\u304c\u591a\u3044\u3067\u3059\u3002<\/p>\n<p>\u3053\u306e\u3088\u3046\u306b\u3001PER\u3068PBR\u3092\u7d44\u307f\u5408\u308f\u305b\u308b\u3053\u3068\u3067\u3001\u682a\u4fa1\u304c\u5229\u76ca\u3068\u8cc7\u7523\u306e\u4e21\u65b9\u306b\u5bfe\u3057\u3066\u9069\u5207\u304b\u3069\u3046\u304b\u3092\u5224\u65ad\u3067\u304d\u3001\u3088\u308a\u30d0\u30e9\u30f3\u30b9\u306e\u53d6\u308c\u305f\u6295\u8cc7\u5224\u65ad\u304c\u3067\u304d\u307e\u3059\u3002<\/p>\n<p><a href=\"https:\/\/aibashiro.jp\/contents\/bgn32\/\">PER\u30fbPBR\u3092\u7c21\u5358\u306b\u7406\u89e3\uff01\u521d\u5fc3\u8005\u3067\u3082\u8ff7\u308f\u306a\u3044\u682a\u5f0f\u6295\u8cc7\u6307\u6a19\u306e\u899a\u3048\u65b9<\/a><\/p>\n<h3>ROE\uff08\u81ea\u5df1\u8cc7\u672c\u5229\u76ca\u7387)<\/h3>\n<p>ROE\u306f\u3001\u4f01\u696d\u304c\u3069\u308c\u3060\u3051\u52b9\u7387\u7684\u306b\u81ea\u5df1\u8cc7\u672c\u3092\u4f7f\u3063\u3066\u5229\u76ca\u3092\u751f\u307f\u51fa\u3057\u3066\u3044\u308b\u304b\u3092\u793a\u3059\u6307\u6a19\u3067\u3059\u3002<\/p>\n<p>\u4f8b\u3048\u3070\u3001PER\u304c\u4f4e\u304fROE\u304c\u9ad8\u3044\u5834\u5408\u3001\u682a\u4fa1\u304c\u5272\u5b89\u3067\u3042\u308a\u306a\u304c\u3089\u3001\u4f01\u696d\u306e\u53ce\u76ca\u529b\u304c\u9ad8\u3044\u3068\u5224\u65ad\u3055\u308c\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u3001\u6295\u8cc7\u5148\u3068\u3057\u3066\u6709\u671b\u3067\u3059\u3002<\/p>\n<p>\u4ee5\u4e0b\u306e\u5177\u4f53\u4f8b\u3092\u898b\u3066\u307f\u307e\u3057\u3087\u3046\u3002<\/p>\n<p>C\u793e\u306ePER\u304c12\u500d\u3001ROE\u304c18%\u306e\u5834\u5408\u3001\u682a\u4fa1\u304c\u9069\u6b63\u6c34\u6e96\u3067\u3042\u308a\u3001\u4f01\u696d\u306e\u53ce\u76ca\u6027\u304c\u9ad8\u3044\u3053\u3068\u3092\u793a\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u6295\u8cc7\u3059\u308b\u4fa1\u5024\u304c\u9ad8\u3044\u3067\u3059\u3002<\/p>\n<p>D\u793e\u306ePER\u304c30\u500d\u3001ROE\u304c5%\u306e\u5834\u5408\u3001\u4f01\u696d\u306e\u53ce\u76ca\u6027\u304c\u4f4e\u3044\u5272\u306b\u682a\u4fa1\u304c\u9ad8\u3044\u305f\u3081\u3001\u6295\u8cc7\u3059\u308b\u306b\u306f\u614e\u91cd\u306a\u5224\u65ad\u304c\u6c42\u3081\u3089\u308c\u307e\u3059\u3002<\/p>\n<p>\u3053\u306e\u3088\u3046\u306bPER\u3068ROE\u3092\u4f75\u7528\u3059\u308b\u3053\u3068\u3067\u3001\u682a\u4fa1\u304c\u5272\u5b89\u306a\u3060\u3051\u3067\u306a\u304f\u3001\u4f01\u696d\u306e\u6210\u9577\u6027\u3084\u53ce\u76ca\u6027\u3082\u9ad8\u3044\u304b\u3069\u3046\u304b\u3092\u78ba\u8a8d\u3067\u304d\u307e\u3059\u3002<\/p>\n<h2>\u6295\u8cc7\u5224\u65ad\u306f\u7dcf\u5408\u7684\u306b\u884c\u3046<\/h2>\n<p>\u6295\u8cc7\u5224\u65ad\u3092\u884c\u3046\u969b\u306b\u306f\u3001PER\uff08\u682a\u4fa1\u53ce\u76ca\u7387\uff09\u3060\u3051\u306b\u983c\u308b\u306e\u3067\u306f\u306a\u304f\u3001\u8907\u6570\u306e\u6307\u6a19\u3092\u7dcf\u5408\u7684\u306b\u8a55\u4fa1\u3059\u308b\u3053\u3068\u304c\u5927\u5207\u3067\u3059\u3002\u5358\u4e00\u306e\u6307\u6a19\u306b\u4f9d\u5b58\u3059\u308b\u3053\u3068\u306b\u306f\u30ea\u30b9\u30af\u304c\u4f34\u3044\u3001\u5224\u65ad\u3092\u8aa4\u308b\u53ef\u80fd\u6027\u304c\u9ad8\u307e\u308a\u307e\u3059\u3002<\/p>\n<p>\u672c\u7ae0\u3067\u306f\u3001\u306a\u305c\u7dcf\u5408\u7684\u306a\u6295\u8cc7\u5224\u65ad\u304c\u91cd\u8981\u306a\u306e\u304b\u3001\u5177\u4f53\u7684\u306a\u7406\u7531\u3092\u89e3\u8aac\u3057\u307e\u3059\u3002<\/p>\n<h3>PER\u306f\u6210\u9577\u6027\u3060\u3051\u3092\u53cd\u6620\u3057\u306a\u3044<\/h3>\n<p>PER\u306f\u682a\u4fa1\u3068\u4f01\u696d\u306e\u5229\u76ca\u306e\u95a2\u4fc2\u3092\u8868\u3059\u6307\u6a19\u3067\u3042\u308a\u3001\u682a\u4fa1\u304c\u4f01\u696d\u306e\u53ce\u76ca\u529b\u306b\u5bfe\u3057\u3066\u3069\u306e\u7a0b\u5ea6\u306e\u8a55\u4fa1\u3092\u53d7\u3051\u3066\u3044\u308b\u304b\u3092\u793a\u3057\u307e\u3059\u3002<\/p>\n<p>\u3057\u304b\u3057\u3001PER\u306f\u4f01\u696d\u306e\u6210\u9577\u6027\u3084\u8ca1\u52d9\u72b6\u6cc1\u3092\u76f4\u63a5\u53cd\u6620\u3059\u308b\u3082\u306e\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n<p>PER\u304c\u4f4e\u3044\u5834\u5408\u3001\u521d\u898b\u3067\u306f\u5272\u5b89\u306b\u898b\u3048\u308b\u304b\u3082\u3057\u308c\u307e\u305b\u3093\u304c\u3001\u3082\u3057\u3053\u306e\u4f01\u696d\u304c\u6210\u9577\u306e\u898b\u8fbc\u307f\u304c\u5168\u304f\u306a\u3044\u5834\u5408\u3001\u5c06\u6765\u7684\u306b\u5229\u76ca\u304c\u4e0a\u304c\u3089\u306a\u3044\u53ef\u80fd\u6027\u304c\u9ad8\u304f\u306a\u308a\u307e\u3059\u3002<\/p>\n<p>\u3053\u306e\u3088\u3046\u306a\u4f01\u696d\u306b\u6295\u8cc7\u3059\u308b\u3053\u3068\u306f\u30ea\u30b9\u30af\u304c\u5927\u304d\u3044\u3067\u3059\u3002<\/p>\n<p>\u9006\u306b\u3001PER\u304c\u9ad8\u3044\u5834\u5408\u3067\u3082\u3001\u6025\u6210\u9577\u3057\u3066\u3044\u308b\u5e02\u5834\u306b\u5c5e\u3057\u3066\u3044\u308b\u5834\u5408\u3001\u305d\u306ePER\u306f\u5c06\u6765\u306e\u6210\u9577\u6027\u3092\u53cd\u6620\u3057\u3066\u3044\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u3053\u306e\u305f\u3081\u3001PER\u3060\u3051\u3067\u306a\u304f\u3001ROE\uff08\u81ea\u5df1\u8cc7\u672c\u5229\u76ca\u7387\uff09\u3084PBR\uff08\u682a\u4fa1\u7d14\u8cc7\u7523\u500d\u7387\uff09\u306a\u3069\u3001\u6210\u9577\u6027\u3084\u8ca1\u52d9\u306e\u5065\u5168\u6027\u3092\u793a\u3059\u4ed6\u306e\u6307\u6a19\u3082\u78ba\u8a8d\u3059\u308b\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<h3>\u696d\u754c\u3084\u5e02\u5834\u306e\u72b6\u6cc1\u3082\u8003\u616e\u3059\u308b<\/h3>\n<p>\u540c\u3058\u696d\u754c\u5185\u3067\u3042\u3063\u3066\u3082\u3001PER\u306e\u57fa\u6e96\u306f\u7570\u306a\u308b\u3053\u3068\u304c\u591a\u3044\u3067\u3059\u3002<\/p>\n<p>\u3057\u305f\u304c\u3063\u3066\u3001\u5358\u7d14\u306b\u6570\u5024\u3060\u3051\u3067\u6bd4\u8f03\u3059\u308b\u306e\u306f\u5371\u967a\u3067\u3059\u3002<\/p>\n<p>\u6210\u9577\u304c\u8457\u3057\u3044IT\u696d\u754c\u3067\u306f\u3001PER\u304c\u9ad8\u304f\u3066\u3082\u5c06\u6765\u306e\u6210\u9577\u3092\u53cd\u6620\u3057\u3066\u3044\u308b\u305f\u3081\u3001\u6295\u8cc7\u5224\u65ad\u306b\u304a\u3044\u3066\u306f\u53d7\u3051\u5165\u308c\u3089\u308c\u3084\u3059\u3044\u3067\u3059\u3002<\/p>\n<p>\u4e00\u65b9\u3067\u3001\u6210\u719f\u3057\u305f\u5e02\u5834\u306b\u3044\u308b\u30a4\u30f3\u30d5\u30e9\u4f01\u696d\u306a\u3069\u306f\u3001PER\u304c\u4f4e\u304f\u3066\u3082\u305d\u308c\u304c\u4e00\u822c\u7684\u306a\u6c34\u6e96\u3067\u3059\u3002<\/p>\n<p>\u3053\u306e\u5834\u5408\u3001PER\u304c\u4f4e\u3044\u304b\u3089\u3068\u3044\u3063\u3066\u5fc5\u305a\u3057\u3082\u5272\u5b89\u3068\u306f\u8a00\u3048\u307e\u305b\u3093\u3002<\/p>\n<p>\u3053\u306e\u3088\u3046\u306b\u3001\u696d\u754c\u5168\u4f53\u306ePER\u306e\u5e73\u5747\u3084\u3001\u5e02\u5834\u74b0\u5883\u3092\u52a0\u5473\u3057\u3066\u6295\u8cc7\u5224\u65ad\u3092\u884c\u3046\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n<h3>\u77ed\u671f\u7684\u306a\u4fa1\u683c\u5909\u52d5\u306b\u6ce8\u610f<\/h3>\n<p>\u77ed\u671f\u7684\u306a\u4fa1\u683c\u5909\u52d5\u306f\u3001\u4f01\u696d\u306e\u5b9f\u969b\u306e\u4fa1\u5024\u3068\u306f\u95a2\u4fc2\u306a\u304f\u682a\u4fa1\u3092\u52d5\u304b\u3059\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u7279\u306b\u3001\u5916\u90e8\u8981\u56e0\uff08\u7d4c\u6e08\u6307\u6a19\u306e\u767a\u8868\u3001\u653f\u6cbb\u7684\u8981\u56e0\u3001\u81ea\u7136\u707d\u5bb3\u306a\u3069\uff09\u306b\u3088\u3063\u3066\u4e00\u6642\u7684\u306bPER\u304c\u9ad8\u9a30\u3057\u305f\u308a\u4f4e\u4e0b\u3057\u305f\u308a\u3059\u308b\u3053\u3068\u304c\u3042\u308b\u305f\u3081\u3001\u305d\u306e\u3088\u3046\u306a\u5834\u5408\u306f\u51b7\u9759\u306b\u4ed6\u306e\u6307\u6a19\u3092\u78ba\u8a8d\u3057\u3001\u7dcf\u5408\u7684\u306a\u8996\u70b9\u304b\u3089\u5224\u65ad\u3059\u308b\u3053\u3068\u304c\u6c42\u3081\u3089\u308c\u307e\u3059\u3002<\/p>\n<p>\u5e02\u5834\u5168\u4f53\u304c\u6025\u6fc0\u306b\u4e0b\u843d\u3057\u305f\u5834\u5408\u3001\u512a\u826f\u4f01\u696d\u306e\u682a\u3082\u5f71\u97ff\u3092\u53d7\u3051\u3066PER\u304c\u4e00\u6642\u7684\u306b\u4f4e\u4e0b\u3059\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u3053\u306e\u5834\u5408\u3001\u672c\u6765\u306e\u4f01\u696d\u306e\u4fa1\u5024\u3092\u898b\u6975\u3081\u308b\u305f\u3081\u306b\u306f\u3001\u9577\u671f\u7684\u306a\u8996\u70b9\u3067\u306e\u6307\u6a19\u3092\u78ba\u8a8d\u3059\u308b\u5fc5\u8981\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u6295\u8cc7\u5224\u65ad\u3092\u884c\u3046\u969b\u306b\u306f\u3001PER\u3060\u3051\u306b\u983c\u3089\u305a\u3001<b>ROE\u3084PBR<\/b>\u306a\u3069\u306e\u8907\u6570\u306e\u6307\u6a19\u3092\u8003\u616e\u3057\u3001\u696d\u754c\u3084\u5e02\u5834\u306e\u72b6\u6cc1\u3001\u77ed\u671f\u7684\u306a\u4fa1\u683c\u5909\u52d5\u306b\u5bfe\u3057\u3066\u3082\u6ce8\u610f\u3092\u6255\u3044\u306a\u304c\u3089\u7dcf\u5408\u7684\u306b\u8a55\u4fa1\u3059\u308b\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n<p>\u3053\u308c\u306b\u3088\u308a\u3001\u3088\u308a\u78ba\u5b9f\u3067\u30ea\u30b9\u30af\u306e\u5c11\u306a\u3044\u6295\u8cc7\u5224\u65ad\u304c\u53ef\u80fd\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n<p><a href=\"https:\/\/aibashiro.jp\/contents\/yg00007\/\">\u30c6\u30af\u30cb\u30ab\u30eb\u5206\u6790\u3068\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\u5206\u6790\u306e\u9055\u3044\u306f\uff1f\u521d\u5fc3\u8005\u306b\u304a\u3059\u3059\u3081\u306e\u6d3b\u7528\u6cd5\u3092\u89e3\u8aac<\/a><\/p>\n<h3>\u4ed6\u6307\u6a19\u3068\u7d44\u307f\u5408\u308f\u305b\u308b<\/h3>\n<ul>\n<li data-start=\"1506\" data-end=\"1545\">\n<p data-start=\"1508\" data-end=\"1545\"><strong data-start=\"1508\" data-end=\"1515\">PBR<\/strong>\uff1a\u8cc7\u7523\u9762\u306e\u5272\u5b89\u3055\u3002PER\u4f4e\u00d7PBR\u4f4e\u306f\u518d\u8a55\u4fa1\u4eee\u8aac\u306e\u8d77\u70b9\u3002<\/p>\n<\/li>\n<li data-start=\"1546\" data-end=\"1585\">\n<p data-start=\"1548\" data-end=\"1585\"><strong data-start=\"1548\" data-end=\"1555\">ROE<\/strong>\uff1a\u81ea\u5df1\u8cc7\u672c\u306e\u53ce\u76ca\u6027\u3002ROE\u9ad8\u00d7PER\u4e2d\u5eb8\u306f\u201c\u8cea\u201d\u306b\u6ce8\u76ee\u3002<\/p>\n<\/li>\n<li data-start=\"1586\" data-end=\"1624\">\n<p data-start=\"1588\" data-end=\"1624\"><strong data-start=\"1588\" data-end=\"1595\">PEG<\/strong>\uff1aPER\u3092\u6210\u9577\u7387\u3067\u5272\u308b\u3002\u6210\u9577\u3092\u52a0\u5473\u3057\u305f\u76f8\u5bfe\u8a55\u4fa1\u306b\u6709\u52b9\u3002<\/p>\n<\/li>\n<li data-start=\"1625\" data-end=\"1699\">\n<p data-start=\"1627\" data-end=\"1699\"><strong data-start=\"1627\" data-end=\"1640\">EV\/EBITDA<\/strong>\uff1a\u6e1b\u4fa1\u511f\u5374\u3084\u8cc7\u672c\u69cb\u6210\u306e\u5dee\u3092\u5438\u53ce\u3057\u4f01\u696d\u9593\u6bd4\u8f03\u306b\u5411\u304f\u3002<\/p>\n<\/li>\n<\/ul>\n<p data-start=\"1627\" data-end=\"1699\">\u8907\u6570\u6307\u6a19\u3067\u201c\u7acb\u4f53\u8996\u201d\u3059\u308b\u307b\u3069\u3001\u5358\u4e00\u6307\u6a19\u306e\u8aa4\u4f5c\u52d5\u3092\u6291\u3048\u3089\u308c\u307e\u3059\u3002<\/p>\n<h2>\u3088\u304f\u3042\u308b\u8cea\u554f\uff08Q&amp;A\uff09<\/h2>\n<h3>Q1. PER\u306f\u4f55\u500d\u306a\u3089\u201c\u5272\u5b89\u201d\uff1f<\/h3>\n<p>\u5171\u901a\u306e\u6b63\u89e3\u306f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n<p>\u696d\u7a2e\u5e73\u5747\u3068\u81ea\u793e\u306e\u904e\u53bb\u30ec\u30f3\u30b8\u306b\u5bfe\u3059\u308b\u4f4d\u7f6e\u3067\u76f8\u5bfe\u8a55\u4fa1\u3057\u307e\u3059\u3002<\/p>\n<p>\u5229\u76ca\u5faa\u74b0\u304c\u5927\u304d\u3044\u696d\u7a2e\u3067\u306f\u666f\u6c17\u5c40\u9762\u306e\u88dc\u52a9\u60c5\u5831\u304c\u524d\u63d0\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<h3>Q2. \u8d64\u5b57\u4f01\u696d\u306f\u3069\u3046\u6bd4\u8f03\u3059\u308b\uff1f<\/h3>\n<p>PER\u306f\u4f7f\u3048\u306a\u3044\u305f\u3081\u3001\u58f2\u4e0a\u6210\u9577\u3001EV\/EBITDA\u3001PBR\u3001\u5c06\u6765\u9ed2\u5b57\u5316\u6642\u70b9\u306e\u524d\u63d0\u306a\u3069\u3092\u4f75\u7528\u3057\u307e\u3059\u3002<\/p>\n<p>\u5358\u5e74\u5ea6\u306e\u7279\u6b8a\u8981\u56e0\u3092\u9664\u3044\u305f\u201c\u6b63\u5e38\u5316\u201d\u8996\u70b9\u304c\u5f79\u7acb\u3061\u307e\u3059\u3002<\/p>\n<h3>Q3. \u91d1\u5229\u3068PER\u306e\u95a2\u4fc2\u306f\uff1f<\/h3>\n<p>\u4e00\u822c\u306b\u91d1\u5229\u4e0a\u6607\u306f\u5272\u5f15\u7387\u4e0a\u6607\u3092\u901a\u3058\u3066\u8a31\u5bb9PER\u306e\u4f4e\u4e0b\u8981\u56e0\u3002<\/p>\n<p>\u91d1\u5229\u74b0\u5883\u3084\u30ea\u30b9\u30af\u30d7\u30ec\u30df\u30a2\u30e0\u306e\u52d5\u304d\u3092\u80cc\u666f\u3068\u3057\u3066\u6349\u3048\u308b\u3068\u6c34\u6e96\u5909\u5316\u306e\u8aac\u660e\u304c\u5bb9\u6613\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n<h2>\u307e\u3068\u3081<\/h2>\n<p>PER\uff08\u682a\u4fa1\u53ce\u76ca\u7387\uff09\u306f\u3001\u682a\u4fa1\u304c\u4f01\u696d\u306e\u5229\u76ca\u306b\u5bfe\u3057\u3066\u3069\u308c\u304f\u3089\u3044\u306e\u4fa1\u5024\u3067\u53d6\u5f15\u3055\u308c\u3066\u3044\u308b\u304b\u3092\u6e2c\u308b\u91cd\u8981\u306a\u6307\u6a19\u3067\u3059\u3002<\/p>\n<p>PER\u3092\u4f7f\u3046\u3053\u3068\u3067\u3001\u682a\u304c\u5272\u5b89\u304b\u5272\u9ad8\u304b\u3092\u5224\u65ad\u3067\u304d\u3001\u6295\u8cc7\u5224\u65ad\u306b\u5f79\u7acb\u3061\u307e\u3059\u304c\u3001PER\u3060\u3051\u306b\u4f9d\u5b58\u3059\u308b\u306e\u306f\u5371\u967a\u3067\u3059\u3002<\/p>\n<p>\u4ed6\u306e\u6307\u6a19\u3001\u4f8b\u3048\u3070PBR\uff08\u682a\u4fa1\u7d14\u8cc7\u7523\u500d\u7387\uff09\u3001ROE\uff08\u81ea\u5df1\u8cc7\u672c\u5229\u76ca\u7387\uff09\u3001EPS\uff081\u682a\u3042\u305f\u308a\u306e\u5229\u76ca\uff09\u306a\u3069\u3082\u5408\u308f\u305b\u3066\u78ba\u8a8d\u3059\u308b\u3053\u3068\u3067\u3001\u4f01\u696d\u306e\u6210\u9577\u6027\u3084\u8ca1\u52d9\u72b6\u6cc1\u3092\u7dcf\u5408\u7684\u306b\u8a55\u4fa1\u3059\u308b\u3053\u3068\u304c\u5927\u5207\u3067\u3059\u3002<\/p>\n<p>\u307e\u305f\u3001\u696d\u754c\u3054\u3068\u306bPER\u306e\u57fa\u6e96\u304c\u7570\u306a\u308b\u305f\u3081\u3001\u540c\u3058\u6570\u5024\u3067\u3082\u7570\u306a\u308b\u610f\u5473\u3092\u6301\u3064\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p>\u7dcf\u3058\u3066\u3001PER\u306f\u682a\u5f0f\u6295\u8cc7\u3092\u884c\u3046\u969b\u306e\u4fbf\u5229\u306a\u30c4\u30fc\u30eb\u306e\u4e00\u3064\u3067\u3059\u304c\u3001\u4ed6\u306e\u6307\u6a19\u3068\u5408\u308f\u305b\u3066\u6d3b\u7528\u3057\u3001\u5168\u4f53\u7684\u306a\u5e02\u5834\u72b6\u6cc1\u3084\u4f01\u696d\u306e\u6210\u9577\u6027\u3092\u898b\u306a\u304c\u3089\u614e\u91cd\u306b\u6295\u8cc7\u5224\u65ad\u3092\u3059\u308b\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n<p>\u3053\u308c\u306b\u3088\u308a\u3001\u3088\u308a\u5805\u5b9f\u3067\u9577\u671f\u7684\u306a\u8cc7\u7523\u5f62\u6210\u304c\u671f\u5f85\u3067\u304d\u307e\u3059\u3002<\/p>\n<p><a href=\"https:\/\/aibashiro.jp\/contents\/long-short-which\/\">\u682a\u5f0f\u6295\u8cc7\u3092\u3059\u308b\u306a\u3089\u300c\u9577\u671f\u300d\u3068\u300c\u77ed\u671f\u300d\u3069\u3063\u3061\uff1f12\u9805\u76ee\u3067\u5fb9\u5e95\u6bd4\u8f03<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PER\uff08\u682a\u4fa1\u53ce\u76ca\u7387\uff09\u306f\u3001\u682a\u4fa1\u304c1\u682a\u5f53\u305f\u308a\u5229\u76ca\uff08EPS\uff09\u306e\u4f55\u500d\u3067\u53d6\u5f15\u3055\u308c\u3066\u3044\u308b\u304b\u3092\u793a\u3059\u201c\u500d\u7387\u306e\u7269\u5dee\u3057\u201d\u3067\u3059\u3002 \u5272\u5b89\u30fb\u5272\u9ad8\u306e\u624b\u304c\u304b\u308a\u3092\u7d20\u65e9\u304f\u5f97\u3089\u308c\u308b\u4e00\u65b9\u3067\u3001\u5229\u76ca\u306e\u8cea\u3084\u666f\u6c17\u5faa\u74b0\u3092\u7121\u8996\u3059\u308b\u3068\u8aa4\u89e3\u3092\u62db\u304d\u307e\u3059\u3002 \u672c\u8a18\u4e8b\u3067\u306f\u3001PER\u3068 [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":11264,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","swell_btn_cv_data":"","footnotes":""},"categories":[587],"tags":[],"class_list":["post-11261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-terms"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/aibashiro.jp\/contents\/wp-json\/wp\/v2\/posts\/11261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aibashiro.jp\/contents\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aibashiro.jp\/contents\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aibashiro.jp\/contents\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/aibashiro.jp\/contents\/wp-json\/wp\/v2\/comments?post=11261"}],"version-history":[{"count":4,"href":"https:\/\/aibashiro.jp\/contents\/wp-json\/wp\/v2\/posts\/11261\/revisions"}],"predecessor-version":[{"id":14839,"href":"https:\/\/aibashiro.jp\/contents\/wp-json\/wp\/v2\/posts\/11261\/revisions\/14839"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aibashiro.jp\/contents\/wp-json\/wp\/v2\/media\/11264"}],"wp:attachment":[{"href":"https:\/\/aibashiro.jp\/contents\/wp-json\/wp\/v2\/media?parent=11261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aibashiro.jp\/contents\/wp-json\/wp\/v2\/categories?post=11261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aibashiro.jp\/contents\/wp-json\/wp\/v2\/tags?post=11261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}