{"id":24577,"date":"2022-06-05T17:00:53","date_gmt":"2022-06-05T08:00:53","guid":{"rendered":"http:\/\/live-publishing.jp\/finance\/?p=24577"},"modified":"2022-06-09T01:10:06","modified_gmt":"2022-06-08T16:10:06","slug":"pbr%e6%a0%aa%e4%be%a1%e7%b4%94%e8%b3%87%e7%94%a3%e5%80%8d%e7%8e%87%e3%81%a8%e3%81%af%ef%bc%9f%e3%83%97%e3%83%ad%e3%81%8c%e3%82%8f%e3%81%8b%e3%82%8a%e3%82%84%e3%81%99%e3%81%8f%e5%b9%b3%e5%9d%87","status":"publish","type":"post","link":"https:\/\/live-publishing.jp\/finance\/?p=24577","title":{"rendered":"PBR(\u682a\u4fa1\u7d14\u8cc7\u7523\u500d\u7387)\u3068\u306f\uff1f\u30d7\u30ed\u304c\u308f\u304b\u308a\u3084\u3059\u304f\u5e73\u5747\u3084\u30de\u30a4\u30ca\u30b9\u306e\u610f\u5473\u3092\u5fb9\u5e95\u89e3\u8aac\uff01"},"content":{"rendered":"

\u300c\u682a\u306e\u6307\u6a19\u3063\u3066\u4e00\u4f53\u4f55\uff1f\u300d<\/p>\n

\u300cPBR\u3063\u3066\u4f55\u306e\u305f\u3081\u306b\u3042\u308b\u306e\uff1f\u300d<\/p>\n

\u3042\u306a\u305f\u306f\u3053\u306e\u3088\u3046\u306a\u60a9\u307f\u3092\u6301\u3061\u7d9a\u3051\u3066\u306f\u3044\u307e\u305b\u3093\u304b\uff1f<\/p>\n

\u5c06\u6765\u306e\u304a\u91d1\u3092\u8003\u3048\u3001<\/span>\u682a\u3092\u59cb\u3081\u308b\u307e\u3067\u306f\u7d4c\u6e08\u7cfb\u306e\u30cb\u30e5\u30fc\u30b9\u3084\u65b0\u805e\u306f\u898b\u3066\u3044\u306a\u304b\u3063\u305f\u65b9\u306b\u3068\u3063\u3066\u3001\u682a\u306b\u95a2\u9023\u3059\u308b\u60c5\u5831\u91cf\u306f\u3068\u3066\u3064\u3082\u306a\u304f\u591a\u304f\u3001\u899a\u3048\u308b\u3053\u3068\u304c\u6ca2\u5c71\u3042\u308a\u307e\u3059\u3088\u306d\uff01<\/span><\/p>\n

\u307e\u305f\u3001\u9ad8\u6821\u5352\u696d\u5f8c\u3001\u5927\u5b66\u3067\u3082\u7d4c\u6e08\u7cfb\u306e\u52c9\u5f37\u306b\u89e6\u308c\u308b\u30c1\u30e3\u30f3\u30b9\u304c\u306a\u304b\u3063\u305f\u65b9\u306fPBR\u3084\u682a\u4fa1\u306e\u6307\u6a19\u306a\u3069\u306e\u30ef\u30fc\u30c9\u3092\u898b\u305f\u308a\u805e\u3044\u3066\u3082\u30d4\u30f3\u3068\u3053\u306a\u3044\u3067\u3057\u3087\u3046\u3002<\/p>\n

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PBR\u306e\u610f\u5473\u3084\u4f7f\u7528\u65b9\u6cd5\u3092\u6b63\u3057\u304f\u7406\u89e3\u3059\u308c\u3070\u3001\u3053\u308c\u3089\u306e\u5224\u65ad\u57fa\u6e96\u3092\u3046\u307e\u304f\u6d3b\u7528\u3057\u3066\u682a\u3092\u58f2\u8cb7\u3059\u308b\u3053\u3068\u304c\u53ef\u80fd\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n

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\r\n\r\n\r\n\r\n
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\r\n\u7121\u6599\u306e\u682a\u5f0f\u6295\u8cc7\u30de\u30ac\u30b8\u30f3\u300cTrade Labo\u300d<\/font><\/span><\/strong><\/th><\/tr>\r\n
\"\"<\/a><\/center><\/td>\r\n<\/tr>\r\n
\r\n

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\r\n\u682a\u5f0f\u6295\u8cc7\u3092\u7121\u6599\u3067\u5b66\u3079\u308b\u300cTrade Labo\u300d\u306e
\u72ec\u81ea\u89e3\u6790\u30e1\u30fc\u30eb\u30de\u30ac\u30b8\u30f3
<\/strong><\/span><\/span><\/p>\r\n

\u305f\u3068\u3048\u3070\u30fb\u30fb\u30fb<\/strong><\/p>\r\n

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\u306a\u3069\u306a\u3069\u3002<\/strong><\/p>\r\n

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\u30e1\u30fc\u30eb\u30de\u30ac\u30b8\u30f3\u3067\u306f\u3001Youtube\u52d5\u753b\u3067\u53d6\u308a\u4e0a\u3052\u3066\u3044\u306a\u3044\u3001\u914d\u5f53\u91d1\u91cd\u8996\u306e\u65b9\u304b\u3089\u3001\u3000FIRE\u306b\u5411\u3051\u305f\u30dd\u30fc\u30c8\u30d5\u30a9\u30ea\u30aa\u3002\u76f8\u5834\u3084\u5927\u578b\u9298\u67c4\u306e\u52d5\u304d\u306b\u5408\u308f\u305b\u305f\u89e3\u6790\u306a\u3069\u3092\u914d\u4fe1\u3057\u3066\u3044\u307e\u3059\u3002<\/strong><\/p>\r\n

\u7121\u6599\u3067\u304a\u8aad\u307f\u9802\u3051\u308b\u30e1\u30fc\u30eb\u30de\u30ac\u30b8\u30f3\u3067\u3059\u306e\u3067\u3001\u305c\u3072\u3054\u767b\u9332\u304f\u3060\u3055\u3044\uff01<\/strong><\/p>\r\n

>>>>\u7121\u6599\u3067\u300c\u30c8\u30ec\u30fc\u30c9\u30e9\u30dc\u516c\u5f0f\u30e1\u30eb\u30de\u30ac\u300d<\/span>\u3092\u8aad\u3093\u3067\u307f\u308b<<<<<\/strong><\/a>
<\/center>
\"\"<\/a><\/strong>\r\n

\u203b<\/span>\u30e1\u30fc\u30eb\u914d\u4fe1\u306e\u53d7\u4fe1\u306f\u7121\u6599\u3067\u884c\u3048\u307e\u3059\u3002<\/strong><\/p>\r\n<\/td>\r\n<\/tr>\r\n<\/tbody>\r\n<\/table><\/span>
\n<\/p>\n

PBR\u3068\u306f\u73fe\u5728\u306e\u682a\u4fa1\u306e\u304a\u5f97\u3055\u306e\u6307\u6a19<\/span><\/h2>\n

\"\"<\/p>\n

PBR\u3068\u306f\u3001Price Book-value Ratio\uff08\u682a\u4fa1\u7d14\u8cc7\u7523\u500d\u7387\uff09\u306e\u7565\u79f0\u3067\u3059\u3002<\/span><\/p>\n

\u307e\u305a\u306f\u3001PBR\u306e\u5b9a\u7fa9\u306a\u3069\u3092\u542b\u3080\u57fa\u672c\u60c5\u5831\u3092\u5206\u304b\u308a\u3084\u3059\u304f\u89e3\u8aac\u3057\u307e\u3059\u3002
\n <\/p>\n

PBR\u306e\u5b9a\u7fa9<\/span><\/h3>\n

\"\"<\/p>\n

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PBR\u306f\u300c\u4f01\u696d\u306e\u7d14\u8cc7\u7523\u306b\u5bfe\u3057\u3066\u73fe\u5728\u306e\u682a\u4fa1\u304c\u3069\u308c\u304f\u3089\u3044\u9ad8\u3044\uff08\u5b89\u3044\uff09\u304b\uff1f\u300d<\/b>\u3092\u8868\u3059\u6307\u6a19\u306a\u306e\u3067\u3059\u3002<\/p>\n

PBR\uff08\u682a\u4fa1\u7d14\u8cc7\u7523\u500d\u7387\uff09\u306f\u3001\u682a\u4fa1\u30921\u682a\u3042\u305f\u308a\u306e\u7d14\u8cc7\u7523\u984d\u3067\u5272\u3063\u3066\u8a08\u7b97\u3057\u307e\u3059\u3002<\/p>\n

\u305f\u3068\u3048\u3070\u3001\u682a\u4fa1\u304c1,000\u5186\u3067\u3001BPS\uff081\u682a\u3042\u305f\u308a\u7d14\u8cc7\u7523\uff09\u304c800\u5186\u306e\u4f1a\u793e\u306e\u5834\u5408\u3001PBR\u306f1.25\u500d\uff081,000\u5186 \u00f7 800\u5186\uff09\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n

\u4e00\u822c\u7684\u306b\u3001<\/p>\n

    \n
  • PBR2\u500d\u4ee5\u4e0a\uff1a\u5272\u9ad8<\/li>\n
  • PBR1\u500d\uff1a\u9069\u5207\u306a\u682a\u4fa1\u6c34\u6e96<\/li>\n
  • PBR1\u500d\u4ee5\u4e0b\uff1a\u5272\u5b89<\/li>\n<\/ul>\n

    \u3068\u8a8d\u8b58\u3055\u308c\u3066\u304a\u308a\u30013\u3064\u306e\u8a08\u7b97\u65b9\u6cd5\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n

      \n
    1. PBR \uff1d \u6642\u4fa1\u7dcf\u984d \u00f7 \u7d14\u8cc7\u7523<\/b>
      \n\u57fa\u672c\u7684\u306a\u8a08\u7b97\u65b9\u6cd5<\/li>\n
    2. PBR \uff1d \u73fe\u5728\u306e\u682a\u4fa1 \u00f7 BPS\uff081\u682a\u3042\u305f\u308a\u7d14\u8cc7\u7523\uff09\u2190\u304a\u3059\u3059\u3081\uff01<\/strong>
      \n\u4e0a\u8a18\u306e\u8a08\u7b97\u5f0f\u30921\u682a\u3042\u305f\u308a\u306b\u3057\u305f\u3082\u306e\u3002
      \nBPS\uff081\u682a\u3042\u305f\u308a\u7d14\u8cc7\u7523\uff09\u306f\u3001\u4f01\u696d\u306e\u6c7a\u7b97\u77ed\u4fe1\u3084\u6709\u4fa1\u8a3c\u5238\u5831\u544a\u66f8\u306b\u3082\u8a18\u8f09\u3055\u308c\u3066\u3044\u308b<\/li>\n
    3. PBR \uff1d PER \u00d7 ROE<\/b>
      \n\u3084\u3084\u5fdc\u7528\u7684\u306a\u516c\u5f0f<\/li>\n<\/ol>\n

      \u4f8b\u3048\u3070\u3001<\/span>PER\u306f\u5e73\u5747\u306a\u307f\u306e15\u500d\u3067\u3001ROE\u306f\u8d85\u9ad8\u52b9\u7387\u306a\u7d4c\u55b6\u3092\u3057\u3066\u3044\u308b\u305f\u308150\uff05\u306ePBR\u3092\u8a08\u7b97\u3059\u308b\u3068\u3001<\/p>\n

      PBR\uff087.5\u500d\uff09 \uff1d PER\uff0815\u500d\uff09 \u00d7 ROE\uff0850\uff05\uff09<\/p>\n

      \u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n

      PBR\u304c7.5\u500d\u3068\u3044\u3046\u6570\u5b57\u306f\u3001<\/span><\/p>\n

        \n
      • \u3053\u306e\u4f1a\u793e\u306f\u7d4c\u55b6\u52b9\u7387\u304c\u3059\u3054\u304f\u826f\u3044<\/span><\/li>\n
      • \u4f1a\u793e\u306e\u6301\u3063\u3066\u3044\u308b\u7d14\u8cc7\u7523\u306f\u6570\u5b57\u3067\u8868\u3055\u308c\u3066\u3044\u308b\u7d14\u8cc7\u7523\u4ee5\u4e0a\u306e\u4fa1\u5024\u304c\u3042\u308b<\/span><\/li>\n<\/ul>\n

        \u3068\u8a55\u4fa1\u3055\u308c\u3066\u3044\u308b\u610f\u5473\u3068\u306a\u308a\u307e\u3059\u3002<\/span>
        \n <\/p>\n

        PBR\u306e\u6570\u5024\u3068\u89e3\u91c8<\/span><\/h3>\n

        \"\"<\/p>\n

        \u6b21\u306bPBR\u306e\u6570\u5024\u3092\u89e3\u8aac\u3057\u307e\u3059\u3002<\/span><\/p>\n

        PBR\u306e\u6570\u5024\u306f\u4f4e\u3051\u308c\u3070\u4f4e\u3044\u65b9\u304c\u5272\u5b89\u3060\u3068\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n

        \u4f8b\u3048\u3070\u3001PBR\u304c1\u3067\u3042\u308b\u5834\u5408\u3001\u682a\u4fa1\u3068\u5e02\u5834\u306e\u8a55\u4fa1\u304c\u4e00\u81f4\u3057\u3066\u3044\u308b\u3068\u3044\u3046\u610f\u5473\u306b\u306a\u308a\u307e\u3059\u3002<\/span><\/p>\n

        \u3064\u307e\u308a\u3001PBR1\u500d\u4ee5\u4e0a\u306f\u4f01\u696d\u306e\u7d14\u8cc7\u7523\u4ee5\u4e0a\u306b\u8a55\u4fa1\u3055\u308c\u3066\u3044\u308b\u304c<\/b>\u3001PBR1\u500d\u4ee5\u4e0b\u306f\u305d\u306e\u4f01\u696d\u304c\u300c\u7d14\u8cc7\u7523\u4ee5\u4e0b\u3067\u3057\u304b\u8a55\u4fa1\u3055\u308c\u3066\u3044\u306a\u3044\u300d<\/b>\u3068\u3044\u3046\u89e3\u91c8\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n

        \u7d14\u8cc7\u7523\u4ee5\u4e0b\u3067\u3057\u304b\u8a55\u4fa1\u3055\u308c\u3066\u3044\u306a\u3044\u3068\u3044\u3046\u3053\u3068\u306f\u3001\u7406\u8ad6\u4e0a\u3067\u306f\u305d\u306e\u4f1a\u793e\u306f\u300c\u4eca\u3059\u3050\u300d\u55b6\u696d\u3092\u505c\u6b62\u3057\u3066\u89e3\u6563\u3057\u305f\u65b9\u304c\u682a\u4e3b\u306b\u3068\u3063\u3066\u306f\u30e1\u30ea\u30c3\u30c8\u306b\u306a\u308b\u3053\u3068\u304c\u8a00\u3048\u307e\u3059\u306d\u3002<\/p>\n

        PBR1\u500d\u4ee5\u4e0b\u306f\u300c\u89e3\u6563\u4fa1\u5024\u3092\u5272\u3063\u3066\u3044\u308b<\/b>\u300d\u3068\u8868\u73fe\u3059\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u306e\u3067\u899a\u3048\u3066\u304a\u304f\u3068\u3088\u3044\u3067\u3057\u3087\u3046\u3002
        \n <\/p>\n

        PBR\u304c1\u4ee5\u4e0b\u306e\u4f01\u696d\u306e\u89e3\u6563\u3067\u682a\u4e3b\u306b\u5132\u3051<\/span><\/h3>\n

        \"\"<\/p>\n

        PBR\u306f\u3001\u4f1a\u793e\u304c\u89e3\u6563\u3057\u305f\u5834\u5408\u306b\u682a\u4e3b\u306b\u914d\u5206\u3055\u308c\u308b\u8cc7\u7523\u3068\u3082\u306a\u308b\u305f\u3081\u300c\u89e3\u6563\u4fa1\u5024\u300d\u3068\u3082\u547c\u3070\u308c\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n

        \u6301\u3061\u682a\u6570\u306b\u5fdc\u3058\u3066\u682a\u4e3b\u8cc7\u672c\u3092\u53d7\u3051\u53d6\u308b\u6a29\u5229\u304c\u3042\u308b\u305f\u3081\u300c\u5132\u3051\u300d\u3068\u306a\u308b\u306e\u3067\u3059\u3002<\/span><\/p>\n

        \u4f8b\u3048\u3070\u3001\u73fe\u57281,000\u5186\u306e\u682a\uff08PBR1\u500d\u4ee5\u4e0b\uff09\u3092\u8cfc\u5165\u3057\u305f\u5834\u5408\u3001\u305d\u306e\u4f1a\u793e\u304c\u89e3\u6563\u3057\u3001\u4f1a\u793e\u306e\u7d14\u8cc7\u7523\u3092\u682a\u4e3b\u306b\u5206\u914d\u3059\u308c\u3070\u3001\u7406\u8ad6\u4e0a\u306f\u300c1,000\u5186\u4ee5\u4e0a\u300d\u306b\u306a\u3063\u3066\u623b\u3063\u3066\u304f\u308b\u3068\u3044\u3046\u610f\u5473\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n

        \u3082\u3061\u308d\u3093\u3001PBR1\u500d\u3092\u5272\u308a\u8fbc\u3093\u3067\u3044\u305f\u3068\u3057\u3066\u3082\u3001\u4f01\u696d\u304c\u308f\u3056\u308f\u3056\u55b6\u696d\u505c\u6b62\u3057\u3066\u89e3\u6563\u3059\u308b\u3053\u3068\u306f\u3042\u308a\u307e\u305b\u3093\u304c\u3001\u300c\u305d\u308c\u304f\u3089\u3044\u5272\u5b89\u3067\u3059\u3088\u300d\u3068\u3044\u3046\u3053\u3068\u3067\u3059\u3002
        \n <\/p>\n

        PBR\u306f\u4f01\u696d\u306e\u6210\u9577\u6bb5\u968e\u3067\u3082\u5909\u308f\u308b<\/span><\/h3>\n

        \"\"<\/p>\n

        \u307e\u305f\u3001\u5275\u696d\u671f\u306e\u5834\u5408\u306f\u501f\u5165\u306e\u591a\u3055\u306b\u3088\u3063\u3066\u7d14\u8cc7\u7523\u6bd4\u7387\u304c\u4f4e\u304f\u306a\u308b\u305f\u3081\u3001PBR\u306f\u5fc5\u7136\u7684\u306b\u9ad8\u304f\u306a\u308a\u307e\u3059\u3002<\/span><\/p>\n

        \u3064\u307e\u308a\u3001\u591a\u304f\u306e\u5275\u696d\u671f\u306e\u4f1a\u793e\u306f\u3001\u8ca0\u50b5\u6bd4\u7387\u304c\u9ad8\u304f\u306a\u308a\u3001\u7d14\u8cc7\u7523\u6bd4\u7387\u304c\u4f4e\u304f\u306a\u308b\u30b1\u30fc\u30b9\u304c\u591a\u3005\u3042\u308b\u305f\u3081\u3001PBR\u3082\u9ad8\u304f\u306a\u308a\u304c\u3061\u306b\u306a\u308b\u306e\u3067\u3059\u3002<\/p>\n

        \u305f\u3060\u3001PBR\u306f\u4f1a\u793e\u306e\u6210\u9577\u6bb5\u968e\u3067\u3082\u5909\u308f\u308a\u307e\u3059\u306e\u3067\u3001\u5b9a\u671f\u7684\u306b\u8a08\u7b97\u3057\u3066\u3044\u304f\u3068\u3088\u3044\u3067\u3057\u3087\u3046\u3002
        \n<\/p>\n

        PBR\u3092\u4f7f\u3063\u305f\u58f2\u8cb7\u3059\u308b\u682a\u306e\u5224\u65ad\u30dd\u30a4\u30f3\u30c8<\/span><\/h2>\n

        \"\"<\/p>\n

        PBR\u3092\u4f7f\u3063\u3066\u58f2\u8cb7\u3059\u308b\u682a\u306e\u5224\u65ad\u57fa\u6e96\u30925\u3064\u7d39\u4ecb\u3057\u307e\u3059\u306e\u3067\u3001\u4eca\u5f8c\u306e\u53c2\u8003\u306b\u3057\u3066\u304f\u3060\u3055\u3044\u3002
        \n <\/p>\n

        PBR\u304c1\u306b\u306a\u308b\u682a\u4fa1\u3067\u4e0b\u5024\u3092\u63a8\u5b9a<\/span><\/h3>\n

        \"\"<\/p>\n

        PBR\u304c1\u306e\u5834\u5408\u3001\u682a\u4fa1\u3068\u8cc7\u7523\u4fa1\u5024\u304c\u4e00\u81f4\u3057\u3066\u3044\u308b\u306e\u3067\u3001\u3053\u308c\u4ee5\u4e0a\u306f\u4e0b\u304c\u3089\u306a\u3044\u3060\u308d\u3046\u3068\u3044\u3046\u30d0\u30a4\u30a2\u30b9\u304c\u304b\u304b\u308a\u307e\u3059\u3002<\/span><\/p>\n

        PBR\u306f\u3001\u5206\u6bcd\u304c\u7d14\u8cc7\u7523\u3067\u3042\u308b\u305f\u3081\u3001\u4f01\u696d\u306e\u77ed\u671f\u7684\u306a\u682a\u4fa1\u5909\u52d5\u306b\u5bfe\u3059\u308b\u6295\u8cc7\u5c3a\u5ea6\u306b\u306a\u308a\u306b\u304f\u304f\u3001\u307e\u305f\u3001\u5c06\u6765\u306e\u5229\u76ca\u6210\u9577\u529b\u3082\u53cd\u6620\u3057\u306b\u304f\u3044\u305f\u3081\u3001\u5358\u72ec\u306e\u6295\u8cc7\u5c3a\u5ea6\u3068\u3059\u308b\u306b\u306f\u554f\u984c\u304c\u591a\u3044\u3002\u305f\u3060\u3057\u3001\u4e00\u822c\u7684\u306b\u306fPBR\u6c34\u6e961\u500d\u304c\u682a\u4fa1\u306e\u4e0b\u9650\u3067\u3042\u308b\u3068\u8003\u3048\u3089\u308c\u308b\u305f\u3081\u3001\u4e0b\u5024\u3092\u63a8\u5b9a\u3059\u308b\u4e0a\u3067\u306f\u52b9\u679c\u304c\u3042\u308b\u3002\u66f4\u306b\u3001PER\uff08\u682a\u4fa1\u53ce\u76ca\u7387\uff09\u304c\u7570\u5e38\u5024\u306b\u306a\u3063\u305f\u5834\u5408\u306e\u88dc\u5b8c\u7684\u306a\u5c3a\u5ea6\u3068\u3057\u3066\u3082\u6709\u52b9\u3067\u3042\u308b\u3002<\/p>\n

        \u306a\u304a\u3001\u4e00\u682a\u5f53\u305f\u308a\u7d14\u8cc7\u7523\uff08BPS\uff09\u306f\u7d14\u8cc7\u7523\uff08\u682a\u4e3b\u8cc7\u672c\uff09\u3092\u767a\u884c\u6e08\u682a\u5f0f\u6570\u3067\u5272\u3063\u3066\u6c42\u3081\u308b\u3002\u4ee5\u524d\u306f\u300c\u81ea\u793e\u682a\u3092\u542b\u3081\u305f\u767a\u884c\u6e08\u682a\u5f0f\u6570\u300d\u3067\u8a08\u7b97\u3057\u3066\u3044\u305f\u304c\u3001\u300c\u81ea\u793e\u682a\u3092\u9664\u304f\u767a\u884c\u6e08\u682a\u5f0f\u6570\u300d\u3067\u8a08\u7b97\u3059\u308b\u65b9\u6cd5\u304c\u4e3b\u6d41\u306b\u306a\u308a\u3064\u3064\u3042\u308b\u3002\u4f01\u696d\u306e\u682a\u4e3b\u9084\u5143\u7b56\u3068\u3057\u3066\u81ea\u793e\u682a\u3092\u8cb7\u3044\u6d88\u5374\u3059\u308b\u52d5\u304d\u304c\u62e1\u5927\u3057\u3066\u304a\u308a\u3001\u3088\u308a\u5b9f\u614b\u306b\u8fd1\u3044\u6295\u8cc7\u6307\u6a19\u306b\u3059\u308b\u305f\u3081\u306e\u63aa\u7f6e\u3067\u3042\u308b\u3002<\/p><\/blockquote>\n\n

        PBR\u304c\u9577\u671f\u30671\u4ee5\u4e0b\u306a\u3089\u4fdd\u6709\u30e1\u30ea\u30c3\u30c8\u306a\u3057<\/span><\/h3>\n

        \"\"<\/p>\n

        \u9577\u671f\u306b\u6e21\u308a\u3001PBR\u304c1\u4ee5\u4e0b\u306e\u5834\u5408\u306f\u4eca\u5f8c\u682a\u4fa1\u304c\u4e0a\u304c\u308b\u3053\u3068\u304c\u671f\u5f85\u3067\u304d\u306a\u3044\u3068\u8a00\u308f\u308c\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n

        \u305d\u306e\u305f\u3081\u3001\u4fdd\u6709\u3057\u3066\u3044\u3066\u3082\u5229\u76ca\u304c\u3067\u307e\u305b\u3093\u3002<\/span><\/p>\n

        \u3064\u307e\u308a\u3001\u5225\u306e\u682a\u306b\u6295\u8cc7\u3092\u3057\u3066\u8cc7\u7523\u3092\u5897\u3084\u3059\u6a5f\u4f1a\u3092\u640d\u5931\u3057\u3066\u3044\u308b\u3053\u3068\u306b\u306a\u308a\u307e\u3059\u306e\u3067\u3001PBR\u304c\u9577\u671f\u95931\u4ee5\u4e0b\u3092\u7dad\u6301\u3057\u3066\u3044\u308b\u5834\u5408\u306f\u4fdd\u6709\u30e1\u30ea\u30c3\u30c8\u304c\u306a\u3044\u3068\u8003\u3048\u3066\u3088\u3044\u3067\u3057\u3087\u3046\u3002<\/span>
        \n <\/p>\n

        PBR\u304c\u9ad8\u304f\u3066\u3082ROE\u3082\u9ad8\u3044\u306a\u3089\u72d9\u3044\u76ee<\/span><\/h3>\n

        \"\"<\/p>\n

        \u7d4c\u55b6\u52b9\u7387\u304c\u3088\u3044\u3068ROE\u306f\u9ad8\u304f\u306a\u308b\u50be\u5411\u306b\u3042\u308a\u307e\u3059\u3002<\/span><\/p>\n

        PER\u304c\u5e73\u5747\u4e26\u307f\u3001ROE\u304c\u9ad8\u3044\u5834\u5408\u3001PBR\u306f1\u3092\u8d85\u3048\u307e\u3059\u3002<\/span><\/p>\n

        \u3088\u3063\u3066\u3001\u8cc7\u7523\u4ee5\u4e0a\u306e\u4fa1\u5024\u304c\u3042\u308b\u4f01\u696d\u3068\u5224\u65ad\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u308b\u305f\u3081\u3001<\/span>PBR\u304c\u9ad8\u3044\u30fbROE\u3082\u9ad8\u3081\u306e\u4f01\u696d\u306f\u72d9\u3044\u76ee\u3067\u3042\u308b\u3068\u8a00\u3048\u307e\u3059\u306d\uff01
        \n <\/p>\n

        PBR\u306f\u4ed6\u696d\u7a2e\u9593\u3067\u6bd4\u8f03\u3092\u3057\u306a\u3044<\/span><\/h3>\n

        \"\"<\/p>\n

        \u696d\u7a2e\u306b\u3088\u3063\u3066\u3001\u30d0\u30e9\u30f3\u30b9\u30b7\u30fc\u30c8\u306b\u8868\u308c\u306a\u3044\u8cc7\u7523\u304c\u7570\u306a\u308a\u307e\u3059\u3002<\/span><\/p>\n

        PBR\u304c\u59a5\u5f53\u304b\u3069\u3046\u304b\u3092\u5224\u65ad\u3057\u305f\u3044\u306a\u3089\u3001\u696d\u7a2e\u5225\u3067\u306e\u5e73\u5747\u306a\u3069\u3092\u4f7f\u3063\u3066\u8a55\u4fa1\u3059\u308b\u306e\u304c\u304a\u3059\u3059\u3081\u3067\u3059\u3002<\/span>
        \n <\/p>\n

        \u9280\u884c\u682a\u30671\u500d\u306ePBR\u306f\u53c2\u8003\u306b\u3057\u306a\u3044<\/span><\/h3>\n

        \"\"<\/p>\n

        \u4f4ePBR\u30e9\u30f3\u30ad\u30f3\u30b0\u306e\u4e0a\u4f4d\u306f\u9280\u884c\u304c\u72ec\u5360\u3057\u3066\u3044\u307e\u3059\u3002<\/span>\u7d4c\u55b6\u96e3\u306b\u516c\u7684\u8cc7\u91d1\u306e\u6ce8\u5165\u306a\u3069\u304c\u3042\u308a\u3001PBR\u304c\u4f4e\u4e0b\u3057\u3084\u3059\u3044\u50be\u5411\u304c\u3042\u308b\u3068\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n

        \u3088\u3063\u3066\u3001PBR<\/span>0.5\u4ee5\u4e0b\u304c\u5f53\u305f\u308a\u524d\u306e\u3088\u3046\u306b\u3042\u308a\u307e\u3059\u306e\u3067\u3001PBR1\u500d\u306e\u9280\u884c\u682a\u306f\u53c2\u8003\u306b\u3057\u306a\u3044\u65b9\u304c\u3088\u3044\u3067\u3057\u3087\u3046\u3002<\/span>
        \n<\/p>\n

        PBR\u3092\u4f7f\u3063\u305f\u30d0\u30ea\u30e5\u30fc\u6295\u8cc7\u3067\u306e\u6210\u529f\u4f8b<\/span><\/h2>\n

        \"\"<\/p>\n

        PBR\u3092\u6d3b\u7528\u3057\u305f\u30d0\u30ea\u30e5\u30fc\u6295\u8cc7\u3067\u3001\u682a\u306e\u6210\u529f\u8005\u306b\u306a\u3063\u305f\u65b9\u30923\u4eba\u7d39\u4ecb\u3057\u307e\u3059\u3002
        \n <\/p>\n

        \u4e16\u754c\u30c8\u30c3\u30d7\u30af\u30e9\u30b9\u306e\u5bcc\u8c6a\u306b\u306a\u3063\u305f\u300c\u30a6\u30a9\u30fc\u30ec\u30f3\u30fb\u30d0\u30d5\u30a7\u30c3\u30c8\u300d<\/span><\/h3>\n

        <\/p>\n

        \u6295\u8cc7\u3092\u3059\u308b\u4eba\u306a\u3089\u3001\u30d0\u30d5\u30a7\u30c3\u30c8\u306e\u4fdd\u6709\u9298\u67c4\u3084\u58f2\u8cb7\u72b6\u6cc1\u3092\u5e38\u306b\u628a\u63e1\u3057\u3001\u3042\u306a\u305f\u81ea\u8eab\u306e\u5224\u65ad\u6750\u6599\u306e\u3072\u3068\u3064\u3068\u3057\u3066\u3044\u308b\u65b9\u3082\u3044\u3089\u3063\u3057\u3083\u308b\u3053\u3068\u3067\u3057\u3087\u3046\u3002<\/p>\n

        \u30a6\u30a9\u30fc\u30ec\u30f3\u30fb\u30d0\u30d5\u30a7\u30c3\u30c8\u3068\u8a00\u3048\u3070\u300c\u6295\u8cc7\u306e\u795e\u69d8\u300d\u3068\u3057\u3066\u6709\u540d\u3067\u3059\u3088\u306d\u3002<\/span><\/p>\n

        \u5f7c\u306f\u300c\u9577\u671f\u6295\u8cc7\u3067\u5de8\u4e07\u306e\u5bcc\u3092\u7bc9\u304f\u3053\u3068\u306b\u6210\u529f\u3057\u305f\u300d\u6570\u5c11\u306a\u3044\u6295\u8cc7\u5bb6\u306e1\u4eba\u3067\u3001\u300c\u30d0\u30fc\u30af\u30b7\u30e3\u30fc\u30fb\u30cf\u30b5\u30a6\u30a7\u30a4\u300d\u306eCEO\u3067\u3001<\/span>\u5727\u5012\u7684\u306a\u6210\u7e3e\u3092\u7d99\u7d9a\u7684\u306b\u53ce\u3081\u3001\u4f01\u696d\u696d\u7e3e\uff08\u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\uff09\u3092\u91cd\u8996\u3057\u305f\u30d0\u30ea\u30e5\u30fc\u6295\u8cc7\u5bb6\u3067\u77e5\u3089\u308c\u3066\u3044\u307e\u3059\u306d\u3002<\/p>\n

        2018\u5e74\u306e\u6bb5\u968e\u3067\u7d14\u8cc7\u7523\u304c\u63a8\u5b9a10\u5146\u5186\u3042\u308b\u3068\u8a00\u308f\u308c\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n

        \u5272\u5b89\u306a\u682a\u3092\u8cfc\u5165\u3057\u9577\u671f\u4fdd\u6709\u3067\u8cc7\u7523\u5f62\u6210\u3092\u3059\u308b\u3053\u3068\u3067\u3001\u73fe\u5728\u306e\u30ad\u30e3\u30ea\u30a2\u3068\u8cc7\u7523\u3092\u624b\u306b\u3057\u305f\u3068\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/span><\/p>\n

        \u5f7c\u304c\u4fdd\u6709\u3057\u3066\u3044\u308b\u9298\u67c4\u306f\u3001\u30a2\u30c3\u30d7\u30eb\u3001\u30d0\u30f3\u30af\u30fb\u30aa\u30d6\u30fb\u30a2\u30e1\u30ea\u30ab\u30fb\u30b3\u30ab\u30b3\u30fc\u30e9\u30fb\u30b8\u30e7\u30f3\u30bd\u30f3\u30a2\u30f3\u30c9\u30b8\u30e7\u30f3\u30bd\u30f3\u306a\u3069\u304c\u3042\u308b\u305d\u3046\u3067\u3059\u3002
        \n <\/p>\n

        \u30d0\u30ea\u30e5\u30fc\u6295\u8cc7\u306e\u57fa\u790e\u3092\u4f5c\u3063\u305f\u300c\u30d9\u30f3\u30b8\u30e3\u30df\u30f3\u30fb\u30b0\u30ec\u30a2\u30e0\u300d<\/span><\/h3>\n

        \"\u300c\u30d9\u30f3\u30b8\u30e3\u30df\u30f3\u30b0\u30ec\u30a2\u30e0\u300d\u306e\u753b\u50cf\u691c\u7d22\u7d50\u679c\"<\/p>\n

        \u30a6\u30a9\u30fc\u30ec\u30f3\u30fb\u30d1\u30d5\u30a7\u30c3\u30c8\u306e\u5e2b\u5320\u3067\u3082\u3042\u308b\u30d9\u30f3\u30b8\u30e3\u30df\u30f3\u30fb\u30b0\u30ec\u30a2\u30e0\u3002<\/span><\/p>\n

        \u5927\u5b66\u5352\u696d\u5f8c\u3001\u91d1\u878d\u696d\u754c\u306e\u8056\u5730\u3067\u3042\u308b\u300c\u30a6\u30a9\u30fc\u30eb\u8857\u300d\u3067\u50cd\u304d\u59cb\u3081\u305f\u5f53\u521d\u306f\u3001\u30c1\u30e7\u30fc\u30af\u30dc\u30fc\u30a4\u3068\u3057\u3066\u682a\u5f0f\u4fa1\u683c\u306e\u5909\u52d5\u3092\u9ed2\u677f\u306b\u66f8\u304d\u5199\u3057\u3066\u3044\u305f\u3068\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n

        \u305d\u306e\u5f8c\u3001\u4f01\u696d\u306e\u50b5\u6a29\u3084\u682a\u5f0f\u7b49\u306e\u30ec\u30dd\u30fc\u30c8\u3092\u66f8\u3044\u305f\u308a\u3059\u308b\u4f5c\u696d\u3082\u4efb\u3055\u308c\u308b\u3088\u3046\u306b\u306a\u308a\u30011926\u5e74\u3001\u81ea\u793e\u300c\u30b0\u30ec\u30a2\u30e0\u30fb\u30cb\u30e5\u30fc\u30de\u30f3\u300d\u3092\u8a2d\u7acb\u3002<\/p>\n

        1929\u5e7410\u670824\u65e5\u306b\u8d77\u304d\u305f\u30cb\u30e5\u30fc\u30e8\u30fc\u30af\u8a3c\u5238\u53d6\u5f15\u6240\u3067\u306e\u682a\u4fa1\u66b4\u843d\uff08\u4e16\u754c\u6050\u614c\uff09\u306b\u3088\u308a\u30b0\u30ec\u30a2\u30e0\u3082\u8ffd\u3044\u8fbc\u307e\u308c\u307e\u3057\u305f\u304c\u3001\u5927\u5b66\u306e\u591c\u9593\u30b3\u30fc\u30b9\u3067\u6559\u97ad\u3092\u53d6\u308a\u306a\u304c\u3089\u751f\u6d3b\u3092\u5207\u308a\u76db\u308a\u3057\u3001\u81ea\u8eab\u306e\u6295\u8cc7\u7d4c\u9a13\u7b49\u3092\u7dcf\u307e\u3068\u3081\u306b\u3057\u305f\u672c\u300c\u8a3c\u5238\u5206\u6790\uff08Security Analysis)\u300d\u3092\u66f8\u304d\u4e0a\u3052\u305f\u305d\u3046\u3067\u3059\u3002<\/p>\n

        \u81ea\u8eab\u306e\u6295\u8cc7\u4f1a\u793e\u3067\u5f15\u9000\u307e\u3067\u5e73\u574717\uff05\u306e\u5e74\u9593\u53ce\u76ca\u3092\u751f\u307f\u51fa\u3057\u3066\u3044\u305f\u3053\u3068\u306f\u4eca\u3067\u3082\u8a9e\u308a\u7d99\u304c\u308c\u3066\u3044\u307e\u3059\uff01<\/span>
        \n <\/p>\n

        \u5927\u624b\u30d5\u30a1\u30f3\u30c9\u3067\u5e74\u738713\uff05\u3067\u904b\u7528\u300c\u30d4\u30fc\u30bf\u30fc\u30fb\u30ea\u30f3\u30c1\u300d<\/span><\/h3>\n

        \"\u300c\u30d4\u30fc\u30bf\u30fc\u30fb\u30ea\u30f3\u30c1\u300d\u306e\u753b\u50cf\u691c\u7d22\u7d50\u679c\"<\/p>\n

        \u30d0\u30d5\u30a7\u30c3\u30c8\u306f\u65e5\u672c\u306e\u30cb\u30e5\u30fc\u30b9\u3067\u3082\u5ea6\u3005\u5831\u3058\u3089\u308c\u308b\u305f\u3081\u304b\u306a\u308a\u8a8d\u77e5\u5ea6\u304c\u9ad8\u3081\u3067\u3059\u304c\u3001\u5f7c\u3068\u540c\u3058\u6295\u8cc7\u624b\u6cd5\u3067\u300c\u4f1d\u8aac\u306e\u30d5\u30a1\u30f3\u30c9\u300d\u3092\u4f5c\u308a\u4e0a\u3052\u305f\u30d4\u30fc\u30bf\u30fc\u30fb\u30ea\u30f3\u30c1\uff08\u6295\u8cc7\u306e\u795e\u69d8\uff09\u3082\u5b9f\u529b\u3092\u6301\u3063\u305f\u6709\u540d\u306a\u6295\u8cc7\u5bb6\u306a\u306e\u3067\u77e5\u3089\u306a\u3044\u65b9\u306f\u3044\u306a\u3044\u3067\u3057\u3087\u3046\u3002<\/span><\/p>\n

        \u52dd\u7387\u306f6\u5272\u7a0b\u5ea6\u3067\u3057\u305f\u304c\u3001\u52dd\u3064\u6642\u306f2\uff5e3\u500d\u3067\u52dd\u3061\u3001\u640d\u5931\u3092\u6291\u3048\u3066\u3044\u305f\u6295\u8cc7\u5bb6\u3067\u6709\u540d\u3067\u3059\u3002<\/span><\/p>\n

          \n
        • \u4eca\u306f\u8a55\u4fa1\u304c\u4f4e\u304f\u3066\u3082\u6570\u5e74\u306e\u3046\u3061\u306b\u9ad8\u6210\u9577\u3001\u3082\u3057\u304f\u306f\u5fa9\u6d3b\u3092\u9042\u3052\u308b\u9298\u67c4<\/span><\/li>\n
        • \u30d5\u30a1\u30f3\u30c0\u30e1\u30f3\u30bf\u30eb\u30ba\u304c\u826f\u597d\u306a\u306e\u306b\u3082\u95a2\u308f\u3089\u305a\u5b89\u304f\u653e\u7f6e\u3055\u308c\u3066\u3044\u308b\u9298\u67c4<\/li>\n<\/ul>\n

          \u3092\u898b\u3064\u3051\u308b\u3053\u3068\u306f\u5f7c\u72ec\u81ea\u306e\u30eb\u30fc\u30eb\u3067\u3001\u3053\u306e\u30eb\u30fc\u30eb\u306e\u304a\u304b\u3052\u3067\u5927\u304d\u306a\u7d50\u679c\u3092\u6b8b\u3057\u305f\u3068\u3057\u3066\u77e5\u3089\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n

          \u30a2\u30de\u30c1\u30e5\u30a2\u3067\u3082\u30d7\u30ed\u306b\u52dd\u3066\u308b\u53ef\u80fd\u6027\u306f\u3042\u308b\u3001\u305d\u306e\u305f\u3081\u306b\u3059\u3079\u304d\u3053\u3068\u306f\u300c\u81ea\u5206\u306e\u3088\u304f\u77e5\u3063\u305f\u696d\u7a2e\u30fb\u4f1a\u793e\u306e\u682a\u5f0f\u3092\u8cfc\u5165\u3059\u308b\u3053\u3068\u300d\u3068\u5f7c\u306e\u66f8\u7c4d\u300e\u30d4\u30fc\u30bf\u30fc\u30fb\u30ea\u30f3\u30c1\u306e\u682a\u3067\u52dd\u3064\u300f\u3067\u8a9e\u3089\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n

          \u3069\u306e\u3088\u3046\u306b\u3057\u3066\u4e0a\u8a183\u4eba\u304c\u30d0\u30ea\u30e5\u30fc\u6295\u8cc7\u3067\u6210\u529f\u3057\u305f\u306e\u304b\u3001\u8208\u5473\u304c\u3042\u308b\u65b9\u306f\u305c\u3072\u5f7c\u3089\u306e\u66f8\u7c4d\u3092\u8aad\u3093\u3067\u307f\u3066\u304f\u3060\u3055\u3044\u306d\u3002
          \n<\/p>\n

          \u6700\u65b0\u5272\u5b89\u3067\u304a\u3059\u3059\u3081\u306e\u9298\u67c45\u9078<\/span><\/h2>\n

          \"\"<\/p>\n

          \u73fe\u6bb5\u968e\uff082020\u5e742\u67086\u65e5\uff09\u3067\u5272\u5b89\u3067\u304a\u3059\u3059\u3081\u306e\u682a\u30925\u3064\u7d39\u4ecb\u3057\u307e\u3059\u3002<\/span><\/p>\n

          \u4eca\u5f8c\u306e\u682a\u53d6\u5f15\u306e\u53c2\u8003\u306b\u3057\u3066\u304f\u3060\u3055\u3044\u3002
          \n <\/p>\n

          \u30107203\u3011\u30c8\u30e8\u30bf\u81ea\u52d5\u8eca<\/span><\/h3>\n

          \"\"<\/p>\n

          \u51fa\u5178\uff1ahttps:\/\/jp.kabumap.com<\/p>\n

          PBR\u3000\u00a0 1.35%
          \nPER\u300012.01%
          \nROE\u00a0 \u00a0 11.11%
          \n<\/strong>\u682a\u4fa1\u00a0 \u00a07,914\u5186<\/strong>
          \n\u914d\u5f53\u5229\u56de\u308a\uff1a2.8%<\/strong>
          \n<\/span><\/p>\n

          \u30c8\u30e8\u30bf\u81ea\u52d5\u8eca\u682a\u5f0f\u4f1a\u793e\u306f\u3001\u65e5\u672c\u306e\u5927\u624b\u81ea\u52d5\u8eca\u30e1\u30fc\u30ab\u30fc\u3067\u3059\u3002<\/p>\n

          2019\u5e743\u6708\u671f\u306b\u304a\u3044\u3066\u3001\u58f2\u4e0a\u9ad8\u306f\u65e5\u672c\u306e\u4e0a\u5834\u4f01\u696d\u3067\u521d\u306e30\u5146\u5186\u8d85\u3048\u3092\u9054\u6210\u3057\u307e\u3057\u305f\u3002<\/p>\n

          2020\u5e743\u6708\u671f\u306b\u3064\u3044\u3066\u55b6\u696d\u5229\u76ca\u304c2\u51465,500\u5104\u5186\u30683.3\uff05\u306e\u5897\u76ca\u3092\u4e88\u60f3\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n

          \u6b21\u4e16\u4ee3\u30a8\u30b3\u30ab\u30fc\u3068\u3057\u3066\u300c\u96fb\u6c17\u81ea\u52d5\u8eca\uff08EV\uff09\u300d\u3092\u512a\u5148\u3059\u308b\u56fd\u304c\u5897\u3048\u3066\u304d\u3066\u3044\u308b\u3053\u3068\u306f\u4e8b\u5b9f\u3067\u3001\u30c8\u30e8\u30bf\u306b\u5927\u304d\u306a\u5f71\u97ff\u3092\u4e0e\u3048\u308b\u3053\u3068\u3067\u3057\u3087\u3046\u3002<\/p>\n

          \u307e\u305f\u3001\u5927\u624b\u81ea\u52d5\u8eca\u4f1a\u793e\u3067\u3042\u308b\u30c8\u30e8\u30bf\u304c\u3069\u308c\u3060\u3051CASE\u9769\u547d\u3067\u7d50\u679c\u3092\u51fa\u305b\u308b\u306e\u304b\u3082\u6c17\u306b\u306a\u308b\u3068\u3053\u308d\u3067\u306f\u3042\u308a\u307e\u3059\u3002<\/p>\n

          \u30cd\u30c3\u30c8\u306b\u3064\u306a\u304c\u308b\u30b3\u30cd\u30af\u30c6\u30a3\u30c3\u30c9\u30fb\u30ab\u30fc\uff08C\uff09
          \n\u81ea\u52d5\u904b\u8ee2\uff08A\uff09
          \n\u81ea\u52d5\u8eca\u30b7\u30a7\u30a2\u30ea\u30f3\u30b0\uff08S\uff09
          \n\u96fb\u6c17\u81ea\u52d5\u8eca\uff08E\uff09<\/p>\n

          \u4e0a\u8a184\u3064\u306e\u82f1\u8a9e\u982d\u6587\u5b57\u3092\u3068\u308b\u3068\u300cCASE\u300d\u3068\u306a\u308a\u307e\u3059\u3002<\/p><\/blockquote>\n\n

          \u30104503\u3011\u30a2\u30b9\u30c6\u30e9\u30b9\u88fd\u85ac<\/span><\/h3>\n

          \"\"<\/p>\n

          \u51fa\u5178\uff1ahttps:\/\/jp.kabumap.com<\/p>\n

          PBR\u3000\u00a0 2.95%
          \nPER\u300017.69%
          \nROE\u00a0 \u00a0 16.69%
          \n<\/strong>\u682a\u4fa1\u00a0 \u00a01,967\u5186<\/strong>
          \n\u914d\u5f53\u5229\u56de\u308a\uff1a2.02%<\/strong>
          \n<\/span><\/p>\n

          \u30a2\u30b9\u30c6\u30e9\u30b9\u88fd\u85ac\u306f\u3001<\/p>\n

            \n
          • \u6ccc\u5c3f\u5668\u7cfb\u6cbb\u7642\u5206\u91ce\u53ca\u3073\u5668\u5b98\u79fb\u690d\u3084\u611f\u67d3\u75c7<\/li>\n
          • \u816b\u760d<\/li>\n
          • \u795e\u7d4c\u79d1\u5b66<\/li>\n
          • \u7cd6\u5c3f\u75c5\u5408\u4f75\u75c7<\/li>\n
          • \u4ee3\u8b1d\u6027\u75be\u60a3\u3092\u542b\u3093\u3060\u514d\u75ab\u6cbb\u7642\u5206\u91ce<\/li>\n<\/ul>\n

            \u306b\u53d6\u308a\u7d44\u3080\u88fd\u85ac\u4f1a\u793e\u3067\u3059\u3002<\/p>\n

            2019\u5e74\u306e10\u6708\u306b\u682a\u4fa1\u304c\u5927\u304d\u304f\u4e0a\u6607\u3057\u3001\u305d\u306e\u5f8c\u9ad8\u5024\u570f\u3067\u63a8\u79fb\u3057\u3066\u3044\u308b\u305f\u3081\u305d\u308d\u305d\u308d2,000\u5186\u306b\u5230\u9054\u3059\u308b\u306e\u3067\u306f\u306a\u3044\u304b\u3001\u3068\u8a00\u308f\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n

            \u58f2\u4e0a\u9ad8\u306f1\u51463,000\u5104\u5186\u3092\u30ad\u30fc\u30d7\u3057\u3001\u6d41\u52d5\u6bd4\u7387\u30821.72\u500d\u30681\u500d\u3092\u8d85\u3048\u3066\u3044\u308b\u306e\u3067\u4eca\u5f8c\u306b\u671f\u5f85\u3055\u308c\u3066\u3044\u308b\u4f01\u696d\u306e\u3072\u3068\u3064\u3067\u3059\u3002
            \n <\/p>\n

            \u30104901\u3011\u5bcc\u58eb\u30d5\u30a4\u30eb\u30e0\u30db\u30fc\u30eb\u30c7\u30a3\u30f3\u30b0\u30b9<\/span><\/h3>\n

            \"\"<\/p>\n

            \u51fa\u5178\uff1ahttps:\/\/jp.kabumap.com<\/p>\n

            PBR\u3000\u00a0 1.42%
            \nPER\u300017.89%
            \nROE\u00a0 \u00a0 7.95%
            \n<\/strong>\u682a\u4fa1\u00a0 \u00a05,633\u5186<\/strong>
            \n\u914d\u5f53\u5229\u56de\u308a\uff1a1.75%<\/strong>
            \n<\/span><\/p>\n

            \u5bcc\u58eb\u30d5\u30a4\u30eb\u30e0\u30db\u30fc\u30eb\u30c7\u30a3\u30f3\u30b0\u30b9\u306f\u3001<\/p>\n

              \n
            • \u30ab\u30e9\u30fc\u30d5\u30a3\u30eb\u30e0\u304a\u3088\u3073\u30c7\u30b8\u30bf\u30eb\u30ab\u30e1\u30e9\u3001\u30d5\u30a9\u30c8\u30d5\u30a3\u30cb\u30bd\u30b7\u30a4\u30f3\u30b0\u6a5f\u5668\u306a\u3069\u306e\u30a4\u30e1\u30fc\u30b8\u30f3\u30b0\u30bd\u30ea\u30e5\u30fc\u30b7\u30e7\u30f3<\/li>\n
            • \u30e1\u30c7\u30a3\u30ab\u30eb\u304a\u3088\u3073\u30e9\u30a4\u30d5\u30b5\u30a4\u30a8\u30f3\u30b9\u7528\u6a5f\u6750\u306e\u958b\u767a\u304a\u3088\u3073\u88fd\u9020\u30fb\u8ca9\u58f2<\/li>\n<\/ul>\n

              \u3092\u884c\u306a\u3063\u3066\u3044\u307e\u3059\u3002\u5bcc\u58eb\u30d5\u30a4\u30eb\u30e0\u3068\u3044\u3048\u3070\u3001\u300c\u5199\u30eb\u30f3\u3067\u3059\u300d\u3067\u3059\u3088\u306d\uff01\u6700\u8fd1\u82e5\u3044\u5973\u6027\u306e\u9593\u3067\u518d\u30d6\u30fc\u30e0\u304c\u304d\u3066\u3044\u308b\u305d\u3046\u3067\u3059\u3088\uff01<\/p>\n

              \u3053\u30536\u5e74\u306e\u5bcc\u58eb\u30d5\u30a4\u30eb\u30e0\u30db\u30fc\u30eb\u30c7\u30a3\u30f3\u30b0\u30b9\u306e\u58f2\u4e0a\u9ad8\u306f\u3001\u307b\u307c2.4\u5146\u5186\u898f\u6a21\u3067\u6a2a\u3070\u3044\u3067\u3059\u3002<\/p>\n

              ROE\uff08\u682a\u4e3b\u8cc7\u672c\u5229\u76ca\u7387\uff09\u306f\u76f4\u8fd17.95\uff05\u3068\u4f4e\u3044\u3067\u3059\u306d\u3002<\/p>\n

              \u5178\u578b\u7684\u306a\u65e5\u672c\u682a\u3060\u3068\u8a00\u3048\u307e\u3059\u3002\uff0810\uff05\u304c\u5408\u683c\u30e9\u30a4\u30f3\uff09\u4eca\u5f8c\u306b\u671f\u5f85\u3057\u307e\u3057\u3087\u3046\uff01
              \n <\/p>\n

              \u30106702\u3011\u5bcc\u58eb\u901a<\/span><\/h3>\n

              \"\"<\/p>\n

              \u51fa\u5178\uff1ahttps:\/\/jp.kabumap.com<\/p>\n

              PBR\u3000\u00a0 2.32%
              \nPER\u300016.44%
              \nROE\u00a0 \u00a0 14.13%
              \n<\/strong>\u682a\u4fa1\u00a0 \u00a012,705\u5186<\/strong>
              \n\u914d\u5f53\u5229\u56de\u308a\uff1a1.42%<\/strong>
              \n<\/span><\/p>\n

              \u5bcc\u58eb\u901a\u306f\u65e5\u672c\u4ee3\u8868\u3068\u3059\u308b\u5927\u4f01\u696d\u306e\u3072\u3068\u3064\u3067\u3059\u3002<\/p>\n

                \n
              • \u534a\u5c0e\u4f53\u3001\u30b3\u30f3\u30d4\u30e5\u30fc\u30bf\u30fc\u3001\u901a\u4fe1\u88c5\u7f6e\u306a\u3069\u306e\u88fd\u9020<\/li>\n
              • \u7dcf\u62ec\u7684\u306a\u60c5\u5831\u6280\u8853\u306a\u3089\u3073\u306b\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u30fb\u30c6\u30ec\u30b3\u30df\u30e5\u30cb\u30b1\u30fc\u30b7\u30e7\u30f3\u30bd\u30ea\u30e5\u30fc\u30b7\u30e7\u30f3\u3001\u30a4\u30f3\u30bf\u30fc\u30cd\u30c3\u30c8\u30b5\u30fc\u30d3\u30b9<\/li>\n<\/ul>\n

                \u3092\u63d0\u4f9b\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n

                2019\u5e749\u6708\u306b1\u5ea6\u682a\u4fa1\u304c\u4e0b\u964d\u3057\u307e\u3057\u305f\u304c\u3001\u3053\u3053\u6570\u30f6\u6708\u3067\u5c11\u3057\u305a\u3064\u3067\u306f\u3042\u308a\u307e\u3059\u304c\u56de\u5fa9\u3057\u3066\u304d\u3066\u3044\u307e\u3059\u3002<\/p>\n

                \u5bcc\u58eb\u901a\u3082\u65e5\u672c\u3092\u4ee3\u8868\u3068\u3059\u308b\u5927\u4f01\u696d\u306e\u3072\u3068\u3064\u3067\u3059\u304c\u3001\u58f2\u4e0a\u9ad8\u306f\u3053\u3053\u6570\u5e74\u6a2a\u3070\u3044\u3067\u3059\u304c\u3001ROE\u306f14.13\uff05\u3068\u3084\u3084\u9ad8\u3081\u3002<\/p>\n

                \u5bcc\u58eb\u901a\u304c\u6c17\u306b\u306a\u308b\u65b9\u306f\u56db\u5b63\u5831\u3092\u53c2\u8003\u306b\u3059\u308b\u3068\u3088\u3044\u3067\u3057\u3087\u3046\u3002
                \n <\/p>\n

                \u30101925\u3011\u5927\u548c\u30cf\u30a6\u30b9\u5de5\u696d<\/span><\/h3>\n

                \"\"<\/p>\n

                \u51fa\u5178\uff1ahttps:\/\/jp.kabumap.com<\/p>\n

                PBR\u3000\u00a0 1.42%
                \nPER\u300017.89%
                \nROE\u00a0 \u00a0 15.85%
                \n\u682a\u4fa1\u00a0 \u00a03,640.0<\/strong>
                \n\u914d\u5f53\u5229\u56de\u308a\uff1a3.19%<\/strong><\/p>\n

                \u5927\u548c\u30cf\u30a6\u30b9\u5de5\u696d\u306f\u3001\u5927\u962a\u5e9c\u306b\u672c\u793e\u3092\u7f6e\u304f\u4f4f\u5b85\u7dcf\u5408\u30e1\u30fc\u30ab\u30fc\u3067\u3059\u3002<\/p>\n

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                2019\u5e744\u6708\u306b\u6238\u5efa\u4f4f\u5b85\u3084\u8cc3\u8cb8\u5171\u540c\u4f4f\u5b85\u3067\u5efa\u7bc9\u57fa\u6e96\u306b\u95a2\u3059\u308b\u4e0d\u9069\u5408\u304c1878\u68df\u3067\u898b\u3064\u304b\u3063\u305f\u306e\u306f\u30cb\u30e5\u30fc\u30b9\u3067\u3082\u5831\u9053\u3055\u308c\u3066\u3044\u307e\u3057\u305f\u306d\u3002\u3053\u308c\u304c\u539f\u56e0\u3067\u682a\u4fa1\u304c\u4e0b\u843d\u3057\u3001\u305d\u308c\u4ee5\u6765\u5c11\u3057\u305a\u3064\u3067\u306f\u3042\u308a\u307e\u3059\u304c\u56de\u5fa9\u50be\u5411\u306b\u306f\u3042\u308b\u3088\u3046\u3067\u3059\u3002<\/p>\n

                \u305f\u3060\u3057\u3001\u4e0a\u8a18\u3067\u7d39\u4ecb\u3057\u305f4\u793e\u3068\u6bd4\u3079\u3066\u914d\u5f53\u5229\u56de\u308a\u304c3%\u8d8a\u3048\u3067\u3042\u308b\u305f\u3081\u3001\u6e1b\u914d\u304c\u306a\u3051\u308c\u3070\u304b\u306a\u308a\u304a\u3059\u3059\u3081\u306e\u9298\u67c4\u3067\u3042\u308b\u3068\u8a00\u3048\u307e\u3059\u3002<\/p>\n

                \u4eca\u56de\u7d39\u4ecb\u3057\u305f5\u3064\u306e\u9298\u67c4\u306f\u3001\u682a\u4fa1\u306e\u4e0a\u6607\u3068\u4e0b\u843d\u3092\u4f55\u5ea6\u3082\u7e70\u308a\u8fd4\u3057\u3066\u3044\u308b\u3068\u306f\u3044\u3048\u3001\u7dcf\u5408\u7684\u306b\u898b\u3066\u3082\u5927\u4f01\u696d\u306e\u682a\u306f\u3084\u306f\u308a\u5b89\u5b9a\u3057\u3066\u3044\u307e\u3059\u306d\u3002
                \n<\/p>\n

                PBR\u306f\u6307\u6a19\u306e\u4e00\u3064\u3068\u3057\u3066\u682a\u5f0f\u6295\u8cc7\u306e\u898b\u6975\u3081<\/span><\/h2>\n

                \"\"<\/p>\n

                PBR\u306f\u6307\u6a19\u306e\u3072\u3068\u3064\u3067\u3059\u3002<\/p>\n

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