目前国有行依然处于系统性估值修复的进程中,近期中期分红陆续启动加速推动重估。交通银行目前在A 股国有行里PB 估值最低,2025 年预期股息率最高,具备估值修复空间和弹性。事件评论国有行系统性修复估值,交通银行不合理低估。1)截至11 月14 日,A 股静态PB(LF)估值仅0.59x,相较其他五大国有行的均值折价26%,相较今年已经完成财政注资的其他三家国有行的均值折价17%,从PB-ROE ...
Source Link目前国有行依然处于系统性估值修复的进程中,近期中期分红陆续启动加速推动重估。交通银行目前在A 股国有行里PB 估值最低,2025 年预期股息率最高,具备估值修复空间和弹性。事件评论国有行系统性修复估值,交通银行不合理低估。1)截至11 月14 日,A 股静态PB(LF)估值仅0.59x,相较其他五大国有行的均值折价26%,相较今年已经完成财政注资的其他三家国有行的均值折价17%,从PB-ROE ...
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