{"id":29744,"date":"2023-12-07T08:38:23","date_gmt":"2023-12-07T08:38:23","guid":{"rendered":"https:\/\/masterskills.org\/blog\/he-so-gia-price-multiple-la-gi-dac-diem.html"},"modified":"2023-12-23T06:10:23","modified_gmt":"2023-12-22T23:10:23","slug":"he-so-gia-price-multiple-la-gi-dac-diem","status":"publish","type":"post","link":"https:\/\/masterskills.org\/blog\/he-so-gia-price-multiple-la-gi-dac-diem.html","title":{"rendered":"H\u1ec7 s\u1ed1 gi\u00e1 (Price Multiple) l\u00e0 g\u00ec? \u0110\u1eb7c \u0111i\u1ec3m"},"content":{"rendered":"
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Hi\u0300nh minh ho\u0323a. Ngu\u00f4\u0300n: Investopedia<\/p>\n<\/figcaption><\/figure>\n

H\u1ec7 s\u1ed1 gi\u00e1<\/font><\/h2>\n

Kha\u0301i ni\u00ea\u0323m<\/b><\/p>\n

H\u1ec7 s\u1ed1 gi\u00e1<\/b>\u00a0trong ti\u00ea\u0301ng Anh la\u0300 Price Multiple.<\/b><\/p>\n

H\u1ec7 s\u1ed1 gi\u00e1 <\/b>l\u00e0 thu\u1eadt ng\u1eef ch\u1ec9 t\u1ea5t c\u1ea3 c\u00e1c t\u1ec9 l\u1ec7 s\u1eed d\u1ee5ng gi\u00e1 c\u1ed5 phi\u1ebfu c\u1ee7a m\u1ed9t c\u00f4ng ty k\u1ebft h\u1ee3p v\u1edbi c\u00e1c ch\u1ec9 s\u1ed1 t\u00e0i ch\u00ednh tr\u00ean m\u1ed7i c\u1ed5 phi\u1ebfu c\u1ee5 th\u1ec3, \u0111\u1ec3 th\u1ec3 hi\u1ec7n th\u00f4ng tin ng\u1eafn g\u1ecdn v\u1ec1 m\u1ee9c\u00a0\u0111\u1ecbnh gi\u00e1\u00a0c\u1ee7a c\u1ed5 phi\u1ebfu \u0111\u00f3.\u00a0<\/p>\n

Gi\u00e1 c\u1ed5 phi\u1ebfu th\u01b0\u1eddng \u0111\u01b0\u1ee3c chia cho m\u1ed9t th\u00f4ng s\u1ed1 b\u00ecnh qu\u00e2n tr\u00ean m\u1ed7i c\u1ed5 phi\u1ebfu \u0111\u1ec3 t\u1ea1o th\u00e0nh m\u1ed9t t\u1ec9 l\u1ec7. \u00a0 \u00a0<\/p>\n

H\u1ec7 s\u1ed1 gi\u00e1 = Gi\u00e1 c\u1ed5 phi\u1ebfu \/ Th\u00f4ng s\u1ed1 b\u00ecnh qu\u00e2n tr\u00ean m\u1ed7i c\u1ed5 ph\u1ea7n \u00a0 \u00a0<\/i><\/p>\n

\u0110\u1eb7c \u0111i\u1ec3m c\u1ee7a H\u1ec7 s\u1ed1 gi\u00e1\u00a0<\/font><\/h3>\n

Ng\u00f4n ng\u1eef c\u01a1 b\u1ea3n c\u1ee7a vi\u1ec7c \u0111\u1ecbnh gi\u00e1 m\u1ed9t c\u00f4ng ty l\u00e0 c\u00e1c h\u1ec7 s\u1ed1 gi\u00e1<\/b>. H\u1ec7 s\u1ed1 gi\u00e1 l\u00e0 th\u00f4ng s\u1ed1 chung cho c\u00e1c nh\u00e0 \u0111\u1ea7u t\u01b0 \u1edf b\u1ea5t c\u1ee9 \u0111\u00e2u tr\u00ean th\u1ebf gi\u1edbi v\u00e0 \u0111\u01b0\u1ee3c ch\u1ea5p nh\u1eadn nh\u01b0 m\u1ed9t ti\u00eau chu\u1ea9n cho t\u1ea5t c\u1ea3 nh\u1eefng ng\u01b0\u1eddi quan t\u00e2m v\u00e0o m\u1ed9t c\u1ed5 phi\u1ebfu.\u00a0<\/p>\n

M\u1ed9t s\u1ed1 h\u1ec7 s\u1ed1 gi\u00e1 ph\u1ed5 bi\u1ebfn l\u00e0\u00a0h\u1ec7 s\u1ed1 gi\u00e1 tr\u00ean thu nh\u1eadp\u00a0(P\/E), t\u1ec9 l\u1ec7 gi\u00e1 tr\u00ean thu nh\u1eadp k\u00ec h\u1ea1n (P\/E k\u00ec h\u1ea1n), h\u1ec7 s\u1ed1 gi\u00e1 tr\u00ean s\u1ed5 s\u00e1ch (P\/B) v\u00e0 h\u1ec7 s\u1ed1 gi\u00e1 tr\u00ean doanh thu (P\/S). C\u00e1c t\u1ec9 l\u1ec7 kh\u00e1c bao g\u1ed3m h\u1ec7 s\u1ed1 Gi\u00e1\/Tr\u1ecb gi\u00e1 S\u1ed5 s\u00e1ch TSHH (P\/TBV), h\u1ec7 s\u1ed1 gi\u00e1 tr\u00ean d\u00f2ng ti\u1ec1n (P\/CF), h\u1ec7 s\u1ed1 gi\u00e1 tr\u00ean EBITDA (P\/EBITDA) v\u00e0 h\u1ec7 s\u1ed1 gi\u00e1 tr\u00ean d\u00f2ng ti\u1ec1n t\u1ef1 do (P\/FCF).\u00a0<\/p>\n

C\u00e1c h\u1ec7 s\u1ed1 gi\u00e1 n\u00e0y r\u1ea5t d\u1ec5 t\u00ednh to\u00e1n, nh\u01b0ng ph\u1ea3i c\u1ea9n th\u1eadn \u0111\u1ec3 ph\u00e2n t\u00edch c\u00e1c th\u00e0nh ph\u1ea7n c\u1ee7a m\u1eabu s\u1ed1 \u0111\u1ec3 \u0111\u1ea3m b\u1ea3o r\u1eb1ng s\u1ed1 li\u1ec7u \u0111\u1ee7 “s\u1ea1ch” \u2013 hay ngh\u0129a l\u00e0 kh\u00f4ng bao h\u00e0m c\u00e1c\u00a0kho\u1ea3n m\u1ee5c b\u1ea5t th\u01b0\u1eddng, c\u00e1c kho\u1ea3n m\u1ee5c m\u1ed9t l\u1ea7n ho\u1eb7c kh\u00f4ng t\u00e1i di\u1ec5n – c\u00f3 th\u1ec3 l\u00e0m bi\u1ebfn d\u1ea1ng s\u1ed1 li\u1ec7u t\u00e0i ch\u00ednh. \u00a0\u00a0<\/p>\n

H\u1ec7 s\u1ed1 gi\u00e1 l\u00e0 m\u1ed9t y\u1ebfu t\u1ed1 quan tr\u1ecdng trong vi\u1ec7c cung c\u1ea5p m\u1ed9t c\u00e1i nh\u00ecn t\u0129nh v\u00e0 nhanh ch\u00f3ng v\u1ec1 \u0111\u1ecbnh gi\u00e1 c\u1ed5 phi\u1ebfu.\u00a0<\/i><\/p>\n

C\u00e1c h\u1ec7 s\u1ed1 gi\u00e1 \u0111\u01b0\u1ee3c s\u1eed d\u1ee5ng \u0111\u1ec3 so s\u00e1nh c\u00e1c h\u1ec7 s\u1ed1 gi\u00e1 \u0111\u1ecbnh gi\u00e1 hi\u1ec7n t\u1ea1i v\u00e0 t\u01b0\u01a1ng lai (d\u1ef1 b\u00e1o) c\u1ee7a m\u1ed9t c\u00f4ng ty v\u1edbi d\u1eef li\u1ec7u l\u1ecbch s\u1eed c\u1ee7a n\u00f3, ho\u1eb7c v\u1edbi c\u00e1c c\u00f4ng ty trong c\u00f9ng ng\u00e0nh. \u00a0\u00a0 <\/p>\n

C\u00e1c ch\u1ecdn H\u1ec7 s\u1ed1 gi\u00e1\u00a0<\/font><\/h3>\n

Nh\u00e0 \u0111\u1ea7u t\u01b0 ch\u1ec9 n\u00ean s\u1eed d\u1ee5ng c\u00e1c lo\u1ea1i h\u1ec7 s\u1ed1 gi\u00e1<\/b> c\u00f3 li\u00ean quan \u0111\u1ebfn c\u00e1c ng\u00e0nh nh\u1ea5t \u0111\u1ecbnh. T\u1ec9 l\u1ec7 gi\u00e1 tr\u00ean thu nh\u1eadp (P\/E) s\u1ebd l\u00e0 th\u01b0\u1edbc \u0111o \u0111\u1ecbnh gi\u00e1 ph\u00f9 h\u1ee3p cho m\u1ed9t c\u00f4ng ty c\u00f4ng ngh\u1ec7, nh\u01b0ng kh\u00f4ng nh\u1ea5t thi\u1ebft l\u00e0 m\u1ed9t c\u00f4ng ty ti\u1ec7n \u00edch th\u00e2m d\u1ee5ng v\u1ed1n, \u0111\u01b0\u1ee3c kh\u1ea5u hao \u0111\u00e1ng k\u1ec3 v\u00e0o thu nh\u1eadp.\u00a0 <\/p>\n

Trong tr\u01b0\u1eddng h\u1ee3p n\u00e0y, c\u00e1c chi ph\u00ed phi ti\u1ec1n m\u1eb7t (t\u1eeb v\u1ed1n vay) s\u1ebd l\u00e0m gi\u1ea3m thu nh\u1eadp theo ti\u00eau chu\u1ea9n GAAP, do \u0111\u00f3 l\u00e0m gi\u1ea3m thu nh\u1eadp tr\u00ean m\u1ed7i c\u1ed5 ph\u1ea7n (EPS), c\u00f3 th\u1ec3 d\u1eabn \u0111\u1ebfn \u1ea5n t\u01b0\u1ee3ng sai v\u1ec1 m\u1ee9c \u0111\u1ecbnh gi\u00e1 c\u1ee7a c\u00f4ng ty. \u00a0<\/p>\n

H\u1ea7u h\u1ebft c\u00e1c trang web t\u00e0i ch\u00ednh \u0111\u1ec1u cung c\u1ea5p c\u00e1c h\u1ec7 s\u1ed1 gi\u00e1 c\u01a1 b\u1ea3n nh\u01b0 P\/E, P\/B ho\u1eb7c P\/S. C\u00e1c t\u1ec9 l\u1ec7 th\u01b0\u1eddng \u0111\u01b0\u1ee3c t\u00ednh trong th\u1eddi gian 12 th\u00e1ng (TTM) ho\u1eb7c tr\u00ean c\u01a1 s\u1edf l\u1ecbch t\u00e0i ch\u00ednh.\u00a0<\/p>\n

\u0110\u1ed1i v\u1edbi nh\u00e0 \u0111\u1ea7u t\u01b0 mu\u1ed1n t\u00ecm hi\u1ec3u k\u0129 h\u01a1n, h\u1ecd c\u00f3 th\u1ec3 t\u00ednh to\u00e1n c\u00e1c h\u1ec7 s\u1ed1 gi\u00e1 kh\u00e1c c\u00f3 li\u00ean quan \u0111\u1ebfn m\u1ed9t ng\u00e0nh c\u1ee5 th\u1ec3 th\u00f4ng qua d\u1eef li\u1ec7u \u0111\u01b0\u1ee3c cung c\u1ea5p tr\u00ean\u00a0b\u00e1o c\u00e1o t\u00e0i ch\u00ednh\u00a0b\u1edfi c\u00e1c c\u00f4ng ty. \u00a0 <\/p>\n

(Theo Investopedia<\/i>)<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

\n H\u1ec7 s\u1ed1 gi\u00e1 (ti\u1ebfng Anh: Price Multiple) l\u00e0 thu\u1eadt ng\u1eef ch\u1ec9 t\u1ea5t c\u1ea3 c\u00e1c t\u1ec9 l\u1ec7 s\u1eed d\u1ee5ng gi\u00e1 c\u1ed5 phi\u1ebfu c\u1ee7a m\u1ed9t c\u00f4ng ty k\u1ebft h\u1ee3p v\u1edbi c\u00e1c ch\u1ec9 s\u1ed1 t\u00e0i ch\u00ednh tr\u00ean m\u1ed7i c\u1ed5 phi\u1ebfu c\u1ee5 th\u1ec3, \u0111\u1ec3 th\u1ec3 hi\u1ec7n th\u00f4ng tin ng\u1eafn g\u1ecdn v\u1ec1 m\u1ee9c \u0111\u1ecbnh gi\u00e1 c\u1ee7a c\u1ed5 phi\u1ebfu \u0111\u00f3.\n <\/div>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[417],"tags":[],"_links":{"self":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/29744"}],"collection":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/comments?post=29744"}],"version-history":[{"count":0,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/posts\/29744\/revisions"}],"wp:attachment":[{"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/media?parent=29744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/categories?post=29744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/masterskills.org\/blog\/wp-json\/wp\/v2\/tags?post=29744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}