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\u3044\u308b\u5168\u9298\u67c4\u306a\u3069\u3092\u5bfe\u8c61\u306b\u3057\u305f\u3001\u6642\u4fa1\u7dcf\u984d\u30d9\u30fc\u30b9\u306e\u6307\u6570\u3067\u3059\u3002<\/p>\n<p>\u65e5\u7d4c\u5e73\u5747\u304c225\u9298\u67c4\u306b\u7d5e\u3063\u3066\u3044\u308b\u306e\u306b\u5bfe\u3057\u3001TOPIX\u306f\u3088\u308a\u5e83\u7bc4\u56f2\u306e\u9298\u67c4\u3092\u542b\u3093\u3067\u3044\u308b\u305f\u3081\u3001\u65e5\u672c\u7d4c\u6e08\u5168\u4f53\u306e\u5b9f\u614b\u3092\u3088\u308a\u6b63\u78ba\u306b\u53cd\u6620\u3057\u3066\u3044\u308b\u3068\u8a00\u308f\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u30d7\u30ed\u306e\u6295\u8cc7\u5bb6\u3084\u6a5f\u95a2\u6295\u8cc7\u5bb6\u306f\u3001\u81ea\u5206\u306e\u904b\u7528\u6210\u7e3e\u3092\u6bd4\u8f03\u3059\u308b\u30d9\u30f3\u30c1\u30de\u30fc\u30af\u3068\u3057\u3066TOPIX\u3092\u91cd\u8996\u3059\u308b\u3053\u3068\u304c\u591a\u3044\u306e\u304c\u7279\u5fb4\u3067\u3059\u3002<\/p>\n<h3>BPS\uff1d1\u682a\u5f53\u305f\u308a\u7d14\u8cc7\u7523\u3068\u306f\uff1f<\/h3>\n<p>BPS\uff08Book-value Per Share\uff09\u306f\u30011\u682a\u5f53\u305f\u308a\u306e\u7d14\u8cc7\u7523\u3092\u6307\u3057\u307e\u3059\u3002<\/p>\n<p>\u4f1a\u793e\u306e\u8cb8\u501f\u5bfe\u7167\u8868\u306b\u304a\u3044\u3066\u3001\u7dcf\u8cc7\u7523\u3088\u308a\u8ca0\u50b5\u3092\u5dee\u3057\u5f15\u3044\u305f\u3082\u306e\u304c\u7d14\u8cc7\u7523\u3067\u3059\u3002\u4f1a\u793e\u304c\u89e3\u6563\u3059\u308b\u969b\u306f\u4fdd\u6709\u682a\u5f0f\u6570\u306b\u5fdc\u3058\u3066\u682a\u4e3b\u306b\u9084\u5143\u3055\u308c\u307e\u3059\u3002<\/p>\n<h3>EPS\uff1d1\u682a\u5f53\u305f\u308a\u7d14\u5229\u76ca\u3068\u306f\uff1f<\/h3>\n<p>EPS\uff08Earnings Per Share\uff09\u306f\u30011\u682a\u5f53\u305f\u308a\u306e\u7d14\u5229\u76ca\u3092\u6307\u3057\u307e\u3059\u3002<\/p>\n<p>\u8a08\u4e0a\u3055\u308c\u305f\u5229\u76ca\u304b\u3089\u5168\u3066\u306e\u30b3\u30b9\u30c8\u3092\u5dee\u3057\u5f15\u3044\u305f\u3082\u306e\u304c\u7d14\u5229\u76ca\uff081\u4e8b\u696d\u5e74\u5ea6\u306b\u304a\u3051\u308b\u5f53\u671f\u7d14\u5229\u76ca\uff09\u3067\u3059\u3002<\/p>\n<h3>PBR\uff1d\u682a\u4fa1\u7d14\u8cc7\u7523\u500d\u7387\u3068\u306f\uff1f<\/h3>\n<p>PBR\uff08Price Book-value Ratio\uff09\u306f\u3001\u682a\u4fa1\u7d14\u8cc7\u7523\u500d\u7387\u306e\u3053\u3068\u3067\u3059\u3002\u73fe\u5728\u306e\u682a\u4fa1\u304cBPS\uff081\u682a\u5f53\u305f\u308a\u7d14\u8cc7\u7523\uff09\u3068\u6bd4\u8f03\u3057\u3066\u3001\u4f55\u500d\u306e\u5024\u6bb5\u304c\u4ed8\u3051\u3089\u308c\u3066\u3044\u308b\u306e\u304b\u3092\u898b\u307e\u3059\u3002<\/p>\n<p>PBR\u306e\u8a08\u7b97\u5f0f\u306f\u3001\u300cPBR\uff1d\u73fe\u5728\u306e\u682a\u4fa1\u00f7BPS\u300d\u3067\u3059\u3002<\/p>\n<p>PBR\u304c\u9ad8\u3051\u308c\u3070\u3001\u73fe\u5728\u306e\u682a\u4fa1\u306f\u5272\u9ad8\u3001\u4f4e\u3051\u308c\u3070\u5272\u5b89\u3068\u3044\u3048\u307e\u3059\u3002<\/p>\n<h3>PER\u3068\u306f\uff1f<\/h3>\n<p>PER\uff08Price Earnings Ratio\uff09\u306f\u3001\u682a\u4fa1\u53ce\u76ca\u7387\u306e\u3053\u3068\u3067\u3059\u3002<\/p>\n<p>\u73fe\u5728\u306e\u682a\u4fa1\u304cEPS\uff081\u682a\u5f53\u305f\u308a\u7d14\u5229\u76ca\uff09\u3068\u6bd4\u8f03\u3057\u3066\u3001\u4f55\u500d\u306e\u5024\u6bb5\u304c\u4ed8\u3051\u3089\u308c\u3066\u3044\u308b\u306e\u304b\u3092\u898b\u307e\u3059\u3002<\/p>\n<p>PER\u306e\u8a08\u7b97\u5f0f\u306f\u3001\u300cPER\uff1d\u73fe\u5728\u306e\u682a\u4fa1\u00f7EPS\u300d\u3067\u3059\u3002<\/p>\n<p>PER\u304c\u9ad8\u3051\u308c\u3070\u3001\u73fe\u5728\u306e\u682a\u4fa1\u306f\u5272\u9ad8\u3001\u4f4e\u3051\u308c\u3070\u5272\u5b89\u3068\u3044\u3048\u307e\u3059\u3002<\/p>\n<p><a href=\"https:\/\/aibashiro.jp\/contents\/what-is-per\/\">PER\u3068\u306f\uff1f\u682a\u5f0f\u6295\u8cc7\u521d\u5fc3\u8005\u3067\u3082\u308f\u304b\u308b\u53ce\u76ca\u7387\u306e\u57fa\u790e\u3068\u4f7f\u3044\u65b9<\/a><\/p>\n<h3>\u79fb\u52d5\u5e73\u5747\u7dda\u3068\u306f\uff1f<\/h3>\n<p>\u79fb\u52d5\u5e73\u5747\u7dda\u306f\u3001\u904e\u53bb\u306e\u4e00\u5b9a\u671f\u9593\u306e\u682a\u4fa1\u306e\u5e73\u5747\u5024\u3092\u7d50\u3093\u3060\u7dda\u3067\u3059\u3002<\/p>\n<p>5\u65e5\u7dda\uff08\u77ed\u671f\uff09\u300125\u65e5\u7dda\uff08\u4e2d\u671f\uff09\u300175\u65e5\u7dda\uff08\u9577\u671f\uff09\u306a\u3069\u304c\u3088\u304f\u4f7f\u308f\u308c\u307e\u3059\u3002<\/p>\n<p>\u682a\u4fa1\u304c\u79fb\u52d5\u5e73\u5747\u7dda\u3088\u308a\u4e0a\u306b\u3042\u308b\u3068\u304d\u306f\u4e0a\u6607\u30c8\u30ec\u30f3\u30c9\u3001\u4e0b\u306b\u3042\u308b\u3068\u304d\u306f\u4e0b\u964d\u30c8\u30ec\u30f3\u30c9\u3068\u5224\u65ad\u3057\u307e\u3059\u3002<\/p>\n<p>\u307e\u305f\u3001\u77ed\u671f\u306e\u7dda\u304c\u9577\u671f\u306e\u7dda\u3092\u4e0b\u304b\u3089\u4e0a\u306b\u7a81\u304d\u629c\u3051\u308b\u300c\u30b4\u30fc\u30eb\u30c7\u30f3\u30af\u30ed\u30b9\u300d\u306f\u8cb7\u3044\u306e\u30b5\u30a4\u30f3\u3001\u305d\u306e\u9006\u306e\u300c\u30c7\u30c3\u30c9\u30af\u30ed\u30b9\u300d\u306f\u58f2\u308a\u306e\u30b5\u30a4\u30f3\u3068\u3057\u3066\u6709\u540d\u3067\u3059\u3002<\/p>\n<h2 data-path-to-node=\"44\">\u640d\u3092\u3057\u306a\u3044\u305f\u3081\u306e\u6ce8\u6587\u65b9\u6cd5\u3068\u30ea\u30b9\u30af\u7ba1\u7406\u306b\u95a2\u3059\u308b\u7528\u8a9e<\/h2>\n<p data-path-to-node=\"45\">\u3069\u308c\u3060\u3051\u826f\u3044\u9298\u67c4\u3092\u898b\u3064\u3051\u3066\u3082\u3001\u6ce8\u6587\u306e\u51fa\u3057\u65b9\u3092\u9593\u9055\u3048\u305f\u308a\u3001\u30ea\u30b9\u30af\u7ba1\u7406\u3092\u6020\u3063\u305f\u308a\u3059\u308c\u3070\u5927\u304d\u306a\u640d\u5931\u306b\u3064\u306a\u304c\u308a\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"45\">\u521d\u5fc3\u8005\u304c\u6700\u3082\u5931\u6557\u3057\u3084\u3059\u3044\u306e\u306f\u3001\u611f\u60c5\u306b\u4efb\u305b\u305f\u53d6\u5f15\u3067\u3059\u3002<\/p>\n<p data-path-to-node=\"45\">\u305d\u308c\u3092\u9632\u3050\u305f\u3081\u306b\u3001\u3042\u3089\u304b\u3058\u3081\u53d6\u5f15\u306e\u30eb\u30fc\u30eb\u3092\u5b9a\u7fa9\u3059\u308b\u7528\u8a9e\u3092\u4f7f\u3044\u3053\u306a\u305b\u308b\u3088\u3046\u306b\u306a\u308a\u307e\u3057\u3087\u3046\u3002<\/p>\n<h3 data-path-to-node=\"46\">\u300c\u6210\u884c\u6ce8\u6587\u300d\u3068\u300c\u6307\u5024\u6ce8\u6587\u300d\u3068\u306f\uff1f<\/h3>\n<p data-path-to-node=\"47\">\u6ce8\u6587\u65b9\u6cd5\u306b\u306f\u5927\u304d\u304f\u5206\u3051\u30662\u7a2e\u985e\u3042\u308a\u307e\u3059\u3002\u300c\u6210\u884c\u6ce8\u6587\u300d\u306f\u4fa1\u683c\u3092\u6307\u5b9a\u305b\u305a\u300c\u4eca\u3059\u3050\u8cb7\u3044\u305f\u3044\uff08\u58f2\u308a\u305f\u3044\uff09\u300d\u3068\u3044\u3046\u6ce8\u6587\u3067\u3059\u3002<\/p>\n<p data-path-to-node=\"47\">\u5373\u5ea7\u306b\u53d6\u5f15\u304c\u6210\u7acb\u3057\u307e\u3059\u304c\u3001\u4e88\u671f\u305b\u306c\u9ad8\u3044\u4fa1\u683c\u3067\u8cb7\u308f\u3055\u308c\u308b\u30ea\u30b9\u30af\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"47\">\u4e00\u65b9\u300c\u6307\u5024\u6ce8\u6587\u300d\u306f\u300c\u3007\u3007\u5186\u4ee5\u4e0b\u306a\u3089\u8cb7\u3046\u300d\u3068\u4fa1\u683c\u3092\u6307\u5b9a\u3059\u308b\u65b9\u6cd5\u3067\u3059\u3002\u5e0c\u671b\u306e\u4fa1\u683c\u3067\u8cb7\u3048\u308b\u30e1\u30ea\u30c3\u30c8\u304c\u3042\u308a\u307e\u3059\u304c\u3001\u682a\u4fa1\u304c\u305d\u306e\u5024\u6bb5\u307e\u3067\u6765\u306a\u3051\u308c\u3070\u53d6\u5f15\u306f\u6210\u7acb\u3057\u307e\u305b\u3093\u3002<\/p>\n<p data-path-to-node=\"47\">\u521d\u5fc3\u8005\u306f\u307e\u305a\u3001\u30ea\u30b9\u30af\u3092\u30b3\u30f3\u30c8\u30ed\u30fc\u30eb\u3057\u3084\u3059\u3044\u6307\u5024\u6ce8\u6587\u304b\u3089\u6163\u308c\u308b\u306e\u304c\u5b9a\u77f3\u3067\u3059\u3002<\/p>\n<h3 data-path-to-node=\"48\">\u300c\u640d\u5207\u308a\uff08\u30ed\u30b9\u30ab\u30c3\u30c8\uff09\u300d\u3068\u306f\uff1f<\/h3>\n<p data-path-to-node=\"49\">\u300c\u640d\u5207\u308a\u300d\u3068\u306f\u3001\u682a\u4fa1\u304c\u8cfc\u5165\u4fa1\u683c\u3092\u4e0b\u56de\u308a\u3001\u3055\u3089\u306b\u4e0b\u304c\u308a\u305d\u3046\u3060\u3068\u5224\u65ad\u3057\u305f\u969b\u306b\u3001\u640d\u5931\u3092\u78ba\u5b9a\u3055\u305b\u308b\u305f\u3081\u306b\u58f2\u5374\u3059\u308b\u3053\u3068\u3067\u3059\u3002<\/p>\n<p data-path-to-node=\"49\">\u975e\u5e38\u306b\u82e6\u75db\u3092\u4f34\u3046\u4f5c\u696d\u3067\u3059\u304c\u3001\u81f4\u547d\u7684\u306a\u640d\u5931\u3092\u9632\u3050\u305f\u3081\u306b\u306f\u4e0d\u53ef\u6b20\u306a\u6280\u8853\u3067\u3059\u3002<\/p>\n<p data-path-to-node=\"49\">\u3042\u3089\u304b\u3058\u3081\u300c\u8cb7\u5024\u304b\u308910\u30d1\u30fc\u30bb\u30f3\u30c8\u4e0b\u304c\u3063\u305f\u3089\u58f2\u308b\u300d\u3068\u3044\u3063\u305f\u30eb\u30fc\u30eb\u3092\u6c7a\u3081\u3066\u304a\u304f\u3053\u3068\u3092\u300c\u9006\u6307\u5024\u6ce8\u6587\u300d\u306a\u3069\u3067\u81ea\u52d5\u5316\u3059\u308b\u3053\u3068\u3082\u53ef\u80fd\u3067\u3059\u3002<\/p>\n<h3 data-path-to-node=\"50\">\u300c\u914d\u5f53\u5229\u56de\u308a\u300d\u3068\u306f\uff1f<\/h3>\n<p data-path-to-node=\"51\">\u682a\u5f0f\u6295\u8cc7\u306e\u5229\u76ca\u306b\u306f\u3001\u58f2\u8cb7\u76ca\u3060\u3051\u3067\u306a\u304f\u3001\u4f01\u696d\u304b\u3089\u914d\u5f53\u3092\u53d7\u3051\u53d6\u308b\u300c\u30a4\u30f3\u30ab\u30e0\u30b2\u30a4\u30f3\u300d\u3082\u3042\u308a\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"51\">\u300c\u914d\u5f53\u5229\u56de\u308a\u300d\u306f\u3001\u682a\u4fa1\u306b\u5bfe\u3057\u30661\u5e74\u9593\u3067\u3069\u308c\u3060\u3051\u306e\u914d\u5f53\u91d1\u304c\u3082\u3089\u3048\u308b\u304b\u3092\u793a\u3059\u6570\u5024\u3067\u3059\u3002<\/p>\n<p data-path-to-node=\"51\">\u8a08\u7b97\u5f0f\u306f\u300c1\u682a\u5f53\u305f\u308a\u306e\u914d\u5f53\u91d1\u00f7\u682a\u4fa1\u300d\u3067\u3059\u3002<\/p>\n<p data-path-to-node=\"51\">\u9280\u884c\u9810\u91d1\u306e\u5229\u606f\u3068\u6bd4\u8f03\u3057\u3066\u975e\u5e38\u306b\u9ad8\u3044\u9298\u67c4\u3082\u591a\u304f\u3001\u9577\u671f\u7684\u306a\u8cc7\u7523\u5f62\u6210\u306b\u304a\u3044\u3066\u91cd\u8981\u306a\u7528\u8a9e\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n<p data-path-to-node=\"51\">\u305f\u3060\u3057\u3001\u5229\u56de\u308a\u304c\u3042\u307e\u308a\u306b\u3082\u9ad8\u3059\u304e\u308b\u5834\u5408\u306f\u3001\u696d\u7e3e\u60aa\u5316\u306b\u3088\u308b\u682a\u4fa1\u6025\u843d\u306e\u30b5\u30a4\u30f3\u3067\u3042\u308b\u3053\u3068\u3082\u3042\u308b\u305f\u3081\u6ce8\u610f\u304c\u5fc5\u8981\u3067\u3059\u3002<\/p>\n<h2 data-start=\"116\" data-end=\"137\">\u682a\u7528\u8a9e\u306b\u95a2\u3059\u308b\u3088\u304f\u3042\u308b\u8cea\u554f\uff08Q&amp;A\uff09<\/h2>\n<h3 data-start=\"139\" data-end=\"341\"><strong data-start=\"139\" data-end=\"164\">Q1. PER\u3068PBR\u306f\u3069\u3046\u9055\u3046\u306e\u3067\u3059\u304b\uff1f<\/strong><\/h3>\n<p data-start=\"139\" data-end=\"341\">A. PER\uff08\u682a\u4fa1\u53ce\u76ca\u7387\uff09\u306f\u300c\u682a\u4fa1\u304c\u5229\u76ca\u306e\u4f55\u500d\u306b\u306a\u3063\u3066\u3044\u308b\u304b\u300d\u3092\u793a\u3059\u6307\u6a19\u3067\u3001\u4f01\u696d\u306e\u53ce\u76ca\u529b\u3092\u57fa\u6e96\u306b\u682a\u4fa1\u304c\u5272\u5b89\u304b\u5272\u9ad8\u304b\u3092\u5224\u65ad\u3057\u307e\u3059\u3002<\/p>\n<p data-start=\"139\" data-end=\"341\">\u4e00\u65b9\u3001PBR\uff08\u682a\u4fa1\u7d14\u8cc7\u7523\u500d\u7387\uff09\u306f\u300c\u682a\u4fa1\u304c\u7d14\u8cc7\u7523\u306e\u4f55\u500d\u306b\u306a\u3063\u3066\u3044\u308b\u304b\u300d\u3092\u793a\u3059\u6307\u6a19\u3067\u3001\u4f01\u696d\u306e\u8cc7\u7523\u4fa1\u5024\u3092\u57fa\u6e96\u306b\u5272\u5b89\u304b\u5272\u9ad8\u304b\u3092\u5224\u65ad\u3057\u307e\u3059\u3002<\/p>\n<p data-start=\"139\" data-end=\"341\">\u3064\u307e\u308a\u3001PER\u306f\u300c\u5229\u76ca\u300d\u3001PBR\u306f\u300c\u8cc7\u7523\u300d\u3092\u57fa\u6e96\u306b\u898b\u308b\u70b9\u304c\u5927\u304d\u306a\u9055\u3044\u3067\u3059\u3002<\/p>\n<h3 data-start=\"343\" data-end=\"556\"><strong data-start=\"343\" data-end=\"383\">Q2. \u65e5\u7d4c\u5e73\u5747\u682a\u4fa1\u3068TOPIX\u3001\u6295\u8cc7\u3059\u308b\u6642\u306b\u3069\u3061\u3089\u3092\u898b\u308c\u3070\u826f\u3044\u3067\u3059\u304b\uff1f<\/strong><\/h3>\n<p data-start=\"343\" data-end=\"556\">A. \u65e5\u7d4c\u5e73\u5747\u682a\u4fa1\u306f\u4ee3\u8868\u7684\u306a225\u9298\u67c4\u306e\u682a\u4fa1\u3092\u5e73\u5747\u3057\u305f\u6307\u6a19\u3067\u3001\u77ed\u671f\u7684\u306a\u5e02\u5834\u306e\u52d5\u5411\u3092\u3064\u304b\u307f\u3084\u3059\u3044\u3067\u3059\u3002<\/p>\n<p data-start=\"343\" 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