Gem 4 new shares PE average exceed 80 times times one or two class market deviation

The secondary market cooling did not stop the first-tier market from going mad again, with 4 new gem offerings today, which, judging from the price-to-earnings ratios, are valued at more than 80 times times the average of the four IPOs. 4 new shares up to 98 times times the highest P/E ratio today, digital video, Ningbo gqy, National Technology and China-Switzerland and other four gem new IPO for online and net purchase, according to the total share capital after issuance, the four companies after the diluted earnings ratio of up to 78.82 times times, 73.86 times times,　　98.33 times times and 72.5 times times the average valuation level is more than 80 times times. This data on the chain to see a small margin of improvement.　　Wind information data show that earlier this month, the issue of 4 gem IPO Three environmental protection, Warburg stock, when the technology, digital governance of the issuance of P/E only 66.67 times times, 68.57 times times, 78.26 times times and 73.97 times times. Back to March this year, the current month issued 13 gem new shares, the highest price-earnings ratio is oriental wealth, 116.93 times times, the lowest is in the electricity, only 45.62 times times.　　On average, these offerings have a 65.58 times-fold earnings ratio. At the beginning of this year, as the gem shares issued a high price-earnings ratio, two-tier market break, resulting in the March issue of the gem of the IPO average price-earnings ratio formed a stage low.　　However, from the recent situation, the gem-level market has been warming up, the average distribution after the issue of 78 times times the level of January. This figure even in the current gem of the two-tier market is also a high level. At present, the gem has a total of 65 shares in the transaction.　　Up to yesterday, the dynamic P/E ratio was more than 80 times times the gem only in 26, and due to the rise after the listing, the gem two level of market valuation has already been significantly higher than the level of the issue. Gem one or two market deviation from the current situation, the Gem and level two market has a certain deviation.　　First-tier market, the IPO price/earnings ratio has been suddenly raised, but in the two-tier market in recent several trading days since many gem stocks also followed a continuous correction. "Gem of the IPO price-earnings ratio should be behind the growth of the gem stock trend and valuation level, after all, the issue of new shares of the market environment changes is not particularly sensitive, it is difficult to make rapid adjustments." Shing, chief analyst at Guangzhou Securities, said the current issue of the gem is still in early April or earlier made the inquiry, the gem market performance is still in strong. "5 to 10 trading days ago, the gem stock performance is very strong, many stocks also hit a new record." Shing continues to say that the current high price/earnings ratio of gem shares is hard to see as a sign of a strong rebound in the market. "Now the main market adjustment or blue-chip-led adjustment, gem stock will be affected, if the adjustment of the market further expansion, then the gem of the IPO price of the high prices will be subject to a certain degree of containment." ”