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1·Single-variable test shows that excess earning of stock price has a high positive correlation with return ratio on net assets, but a weak correlation with audit opinion type.

单变量检验结果表明，净资产收益率与股价超额收益具有显著的正价值相关性，审计意见类型则弱之；

2·This paper conducts an empirical research on the value-relevance of fundamental information, especially on the different levels of earnings permanence measured by the earning-to-price ratio.

该文探讨基本信息的价值相关性，尤其是在不同盈余质量下的价值增量相关性。

3·Among others, price-earning-ratio pricing model and price-net-asset-ratio pricing model are two kinds of pricing methods.

企业可以使用多种方法对目标企业估价，市盈率及市净率定价模型就是其中的方法之一。