{"id":2166,"date":"2025-11-09T21:20:31","date_gmt":"2025-11-09T12:20:31","guid":{"rendered":"https:\/\/mitsukijapan.com\/ma\/?post_type=column&#038;p=2166"},"modified":"2025-11-09T21:20:31","modified_gmt":"2025-11-09T12:20:31","slug":"price-earnings-ratio-per-complete-strategy-how-to-find-undervalued-stocks","status":"publish","type":"column","link":"https:\/\/mitsukijapan.com\/ma\/column\/price-earnings-ratio-per-complete-strategy-how-to-find-undervalued-stocks\/","title":{"rendered":"PER\u3068\u306f\uff1f\u682a\u4fa1\u53ce\u76ca\u7387\u306e\u8a08\u7b97\u5f0f\u30fbPBR\u3068\u306e\u9055\u3044\u30fb\u5272\u5b89\u5272\u9ad8\u306e\u76ee\u5b89"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">PER\u306f\u682a\u4fa1\u304c\u4f01\u696d\u5229\u76ca\u306b\u5bfe\u3057\u3066\u5272\u9ad8\u304b\u5272\u5b89\u304b\u3092\u6e2c\u308b\u91cd\u8981\u6307\u6a19\u3067\u3001\u682a\u4fa1\u53ce\u76ca\u7387\u3068\u3044\u3044\u307e\u3059\u3002\u672c\u8a18\u4e8b\u3067\u306f\u3001PER\u306e\u8a08\u7b97\u5f0f\u3001EPS\u306e\u6c42\u3081\u65b9\u3001PBR\u3068\u306e\u9055\u3044\u3001\u5272\u5b89\u682a\u306e\u898b\u6975\u3081\u65b9\u3001\u6d3b\u7528\u6642\u306e\u6ce8\u610f\u70b9\u3092\u308f\u304b\u308a\u3084\u3059\u304f\u89e3\u8aac\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/mitsukijapan.com\/ma\/valuations\/\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"450\" height=\"250\" src=\"https:\/\/mitsukijapan.com\/ma\/wp-content\/uploads\/Frame-20-3.jpg\" alt=\"\" class=\"wp-image-4081\"\/><\/a><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/mitsukijapan.com\/ma\/lp\/01\/\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"450\" height=\"250\" src=\"https:\/\/mitsukijapan.com\/ma\/wp-content\/uploads\/Frame-19-2.jpg\" alt=\"\" class=\"wp-image-4082\"\/><\/a><\/figure>\n<\/div>\n<\/div>\n\n\n<div class=\"ark-block-toc\">\n\t\t<div class=\"ark-block-toc__title\">\u76ee\u6b21<\/div>\n\t\t<ol class=\"ark-block-toc__list\" data-level=\"2\"><li><a href=\"#arkb-toc-0\" class=\"ark-block-toc__link\">PER\u3068\u306f<\/a><ol class=\"ark-block-toc__list\" data-level=\"3\"><li><a href=\"#arkb-toc-1\" class=\"ark-block-toc__link\">\u682a\u4fa1\u306f\u5229\u76ca\u306e\u4f55\u500d\u304b\uff1f<\/a><\/li><li><a href=\"#per\" class=\"ark-block-toc__link\">\u7c21\u5358\u306aPER\u306e\u78ba\u8a8d\u65b9\u6cd5<\/a><\/li><\/ol><\/li><li><a href=\"#arkb-toc-3\" class=\"ark-block-toc__link\">PER\u306e\u8a08\u7b97\u65b9\u6cd5<\/a><ol class=\"ark-block-toc__list\" data-level=\"3\"><li><a href=\"#arkb-toc-4\" class=\"ark-block-toc__link\">EPS\uff08\u4e00\u682a\u5f53\u305f\u308a\u5229\u76ca\uff09\u306e\u6c42\u3081\u65b9<\/a><\/li><\/ol><\/li><li><a href=\"#arkb-toc-5\" class=\"ark-block-toc__link\">PER\u3068PBR\u306e\u9055\u3044<\/a><ol class=\"ark-block-toc__list\" data-level=\"3\"><li><a href=\"#arkb-toc-6\" class=\"ark-block-toc__link\">PER\u3068PBR\u3092\u7d44\u307f\u5408\u308f\u305b\u308b\u30e1\u30ea\u30c3\u30c8<\/a><\/li><\/ol><\/li><li><a href=\"#arkb-toc-7\" class=\"ark-block-toc__link\">PER\u3092\u5229\u7528\u3057\u305f\u5272\u5b89\u30fb\u5272\u9ad8\u306e\u76ee\u5b89<\/a><ol class=\"ark-block-toc__list\" data-level=\"3\"><li><a href=\"#arkb-toc-8\" class=\"ark-block-toc__link\">PER\u306f\u9ad8\u3044\u304b\u4f4e\u3044\u304b\u3001\u3069\u3061\u3089\uff1f<\/a><\/li><li><a href=\"#arkb-toc-9\" class=\"ark-block-toc__link\">PER\u304c\u5272\u9ad8\u30fb\u5272\u5b89\u306e\u76ee\u5b89<\/a><\/li><\/ol><\/li><li><a href=\"#arkb-toc-10\" class=\"ark-block-toc__link\">M&amp;A\u306e\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u306b\u304a\u3051\u308bPER<\/a><ol class=\"ark-block-toc__list\" data-level=\"3\"><li><a href=\"#arkb-toc-11\" class=\"ark-block-toc__link\">\u985e\u4f3c\u4f1a\u793e\u6bd4\u8f03\u6cd5\u306e\u88dc\u5b8c<\/a><\/li><li><a href=\"#arkb-toc-12\" class=\"ark-block-toc__link\">\u30c7\u30a3\u30fc\u30eb\u30b9\u30c8\u30e9\u30af\u30c1\u30e3\u30fc\u3078\u306e\u53cd\u6620<\/a><\/li><li><a href=\"#arkb-toc-13\" class=\"ark-block-toc__link\">\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u3067\u306e\u78ba\u8a8d\u9805\u76ee<\/a><\/li><\/ol><\/li><li><a href=\"#arkb-toc-14\" class=\"ark-block-toc__link\">PER\u306e\u9650\u754c\u3068\u6ce8\u610f\u70b9<\/a><\/li><li><a href=\"#arkb-toc-15\" class=\"ark-block-toc__link\">\u3088\u304f\u3042\u308b\u8cea\u554f\uff5cPER\u306b\u95a2\u3059\u308bFAQ<\/a><\/li><li><a href=\"#arkb-toc-16\" class=\"ark-block-toc__link\">PER\u306e\u307e\u3068\u3081<\/a><\/li><\/ol><\/li><\/ol>\n\t<\/div>\n\n\n<p class=\"wp-block-paragraph\">\u300c\u3046\u3061\u306e\u4f1a\u793e\u3067\u3082\u58f2\u5374\u3067\u304d\u308b\u3060\u308d\u3046\u304b\u2026\u300d\u3001\u300c\u4f55\u304b\u3089\u59cb\u3081\u308c\u3070\u3044\u3044\u3093\u3060\u308d\u3046\u2026\u300d\u3002\u305d\u306e\u3088\u3046\u306a\u30aa\u30fc\u30ca\u30fc\u7d4c\u55b6\u8005\u306e\u4e0d\u5b89\u306b\u3001\u4e2d\u5c0f\u4f01\u696d\u5411\u3051M&amp;A\u4ef2\u4ecb\u4f1a\u793e\u307f\u3064\u304d\u30b3\u30f3\u30b5\u30eb\u30c6\u30a3\u30f3\u30b0\u306f\u300120\u5e74\u9593\u30fb500\u4ef6\u4ee5\u4e0a\u306e\u652f\u63f4\u5b9f\u7e3e\u306b\u57fa\u3065\u304d\u3001\u304a\u5fdc\u3048\u3057\u307e\u3059\u3002\u672c\u683c\u691c\u8a0e\u524d\u306e\u60c5\u5831\u53ce\u96c6\u3068\u3057\u3066\u3001\u307e\u305a\u306f\u304a\u8a71\u3092\u304a\u805e\u304b\u305b\u304f\u3060\u3055\u3044\u3002<\/p>\n\n\n\n<p class=\"has-arkb-anchor-color has-text-color has-link-color wp-elements-d35281866eb7869a178cb5f67e0a4496 wp-block-paragraph\"><a href=\"https:\/\/mitsukijapan.com\/ma\/contact\/\" data-type=\"link\" data-id=\"https:\/\/mitsukijapan.com\/ma\/contact\/\">\uff1e \u307f\u3064\u304d\u30b3\u30f3\u30b5\u30eb\u30c6\u30a3\u30f3\u30b0\u306b\u7121\u6599\u76f8\u8ac7\u3059\u308b\uff5c\u7a0e\u7406\u58eb\u6cd5\u4eba\u30b0\u30eb\u30fc\u30d7<\/a><\/p>\n\n\n\n<h2 id=\"arkb-toc-0\" class=\"wp-block-heading\"><strong>PER\u3068\u306f<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">PER\u3068\u306f\u3001\u682a\u4fa1\u30921\u682a\u5f53\u305f\u308a\u7d14\u5229\u76ca\uff08EPS\uff09\u3067\u5272\u3063\u3066\u7b97\u51fa\u3059\u308b\u6307\u6a19\u3067\u3059\u3002Price Earnings Ratio\u306e\u7565\u3067\u3001\u300c\u30d1\u30fc\u300d\u3084\u300c\u30d4\u30fc\u30a4\u30fc\u30a2\u30fc\u30eb\u300d\u3068\u547c\u3073\u307e\u3059\u3002\u65e5\u672c\u8a9e\u3067\u306f\u300c\u682a\u4fa1\u53ce\u76ca\u7387\u300d\u3068\u8a00\u308f\u308c\u307e\u3059\u3002<\/p>\n\n\n\n<h3 id=\"arkb-toc-1\" class=\"wp-block-heading\">\u682a\u4fa1\u306f\u5229\u76ca\u306e\u4f55\u500d\u304b\uff1f<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f01\u696d\u304c\u3069\u308c\u3060\u3051\u306e\u5229\u76ca\u3092\u4e0a\u3052\u3066\u3044\u308b\u304b\u306b\u5bfe\u3057\u3066\u3001\u73fe\u5728\u306e\u682a\u4fa1\u304c\u4f55\u500d\u3067\u8a55\u4fa1\u3055\u308c\u3066\u3044\u308b\u304b\u3092\u793a\u3057\u307e\u3059\u3002\u682a\u4fa1\u304c\u5229\u76ca\u306e\u25cb\u500d\u3067\u53d6\u5f15\u3055\u308c\u3066\u3044\u308b\u3001\u3068\u6570\u5024\u3067\u78ba\u8a8d\u3067\u304d\u308b\u305f\u3081\u3001\u4f01\u696d\u4fa1\u5024\u3092\u300c\u5229\u76ca\u300d\u3068\u3044\u3046\u5206\u304b\u308a\u3084\u3059\u3044\u8ef8\u3067\u6e2c\u5b9a\u3067\u304d\u308b\u306e\u304c\u5927\u304d\u306a\u7279\u5fb4\u3067\u3059\u3002\u6570\u5024\u304c\u4f4e\u3044\u307b\u3069\u300c\u5272\u5b89\u300d\u3001\u9ad8\u3044\u307b\u3069\u300c\u5272\u9ad8\u300d\u3068\u3055\u308c\u307e\u3059\u304c\u3001\u5358\u306b\u9ad8\u4f4e\u3067\u5584\u3057\u60aa\u3057\u304c\u6c7a\u307e\u308b\u308f\u3051\u3067\u306f\u3042\u308a\u307e\u305b\u3093\u3002\u540c\u696d\u4ed6\u793e\u3084\u5e02\u5834\u5e73\u5747\u3068\u7167\u3089\u3057\u5408\u308f\u305b\u308b\u3053\u3068\u3067\u3001\u306f\u3058\u3081\u3066\u610f\u5473\u3092\u6301\u3064\u6307\u6a19\u3068\u8a00\u3048\u307e\u3059\u3002\u200b<\/p>\n\n\n\n<h4 class=\"wp-block-heading\">\u6295\u8cc7\u306e\u73fe\u5834\u3067\u4f7f\u308f\u308c\u308b<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">PER\u306f\u682a\u5f0f\u6295\u8cc7\u306e\u73fe\u5834\u3067\u6700\u3082\u983b\u7e41\u306b\u4f7f\u308f\u308c\u308b\u500d\u7387\u6307\u6a19\u306e\u4e00\u3064\u3067\u3042\u308a\u3001\u7c21\u6613\u7684\u306a\u4f01\u696d\u4fa1\u5024\u8a55\u4fa1\u3067\u3082\u53ce\u76ca\u529b\u3092\u78ba\u8a8d\u3059\u308b\u969b\u306e\u88dc\u52a9\u7dda\u3068\u3057\u3066\u7528\u3044\u3089\u308c\u307e\u3059\u3002\u7279\u306b\u300cPER10\u500d\uff1d\u4eca\u306e\u5229\u76ca\u304c10\u5e74\u9593\u7d9a\u3051\u3070\u682a\u4fa1\u76f8\u5f53\u306e\u5229\u76ca\u3092\u7a3c\u3050\u300d\u3068\u3044\u3046\u6349\u3048\u65b9\u306f\u3001\u6295\u8cc7\u521d\u5fc3\u8005\u306b\u3082\u76f4\u611f\u7684\u3067\u7406\u89e3\u3057\u3084\u3059\u3044\u8003\u3048\u65b9\u3067\u3059\u3002<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"per\">\u7c21\u5358\u306aPER\u306e\u78ba\u8a8d\u65b9\u6cd5<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e0a\u5834\u4f01\u696d\u306ePER\u306f\u3001\u7279\u5225\u306a\u8a08\u7b97\u3092\u3057\u306a\u304f\u3066\u3082\u3001\u4ee5\u4e0b\u306e\u65b9\u6cd5\u3067\u7c21\u5358\u306b\u78ba\u8a8d\u3067\u304d\u307e\u3059\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>\u8a3c\u5238\u4f1a\u793e\u306e\u30a6\u30a7\u30d6\u30b5\u30a4\u30c8\u3084\u53d6\u5f15\u30c4\u30fc\u30eb<\/strong>: \u5404\u8a3c\u5238\u4f1a\u793e\u304c\u63d0\u4f9b\u3059\u308b\u30a6\u30a7\u30d6\u30b5\u30a4\u30c8\u3084\u30c8\u30ec\u30fc\u30c7\u30a3\u30f3\u30b0\u30c4\u30fc\u30eb\u306b\u306f\u3001\u500b\u5225\u9298\u67c4\u306ePER\u304c\u8868\u793a\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u591a\u304f\u306e\u5834\u5408\u3001\u9298\u67c4\u691c\u7d22\u5f8c\u306b\u8868\u793a\u3055\u308c\u308b\u8a73\u7d30\u60c5\u5831\u753b\u9762\u306e\u300c\u6307\u6a19\u300d\u3084\u300c\u696d\u7e3e\u300d\u30bf\u30d6\u306a\u3069\u3067\u78ba\u8a8d\u3067\u304d\u307e\u3059\u3002<\/li>\n\n\n\n<li><strong>\u6295\u8cc7\u60c5\u5831\u30b5\u30a4\u30c8<\/strong>: Yahoo!\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u3084MINKABU\uff08\u307f\u3093\u304b\u3076\uff09\u306a\u3069\u306e\u6295\u8cc7\u60c5\u5831\u30b5\u30a4\u30c8\u3067\u3082PER\u3092\u78ba\u8a8d\u3067\u304d\u307e\u3059\u3002\u3053\u308c\u3089\u306e\u30b5\u30a4\u30c8\u3067\u306f\u3001\u300c\u4e88\u60f3PER\u300d\u3068\u3057\u3066\u8868\u793a\u3055\u308c\u3066\u3044\u308b\u3053\u3068\u304c\u591a\u3044\u3067\u3059\u3002<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"yahoo\">Yahoo!\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u3067\u306e\u78ba\u8a8d\u65b9\u6cd5<\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Yahoo!\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9\u3092\u5229\u7528\u3057\u3066PER\u3092\u78ba\u8a8d\u3059\u308b\u5177\u4f53\u7684\u306a\u624b\u9806\u306f\u4ee5\u4e0b\u306e\u901a\u308a\u3067\u3059\u3002<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><a href=\"https:\/\/finance.yahoo.co.jp\/\" target=\"_blank\" rel=\"noreferrer noopener\">Yahoo!\u30d5\u30a1\u30a4\u30ca\u30f3\u30b9<\/a>\u306e\u30a6\u30a7\u30d6\u30b5\u30a4\u30c8\u306b\u30a2\u30af\u30bb\u30b9\u3057\u307e\u3059\u3002<\/li>\n\n\n\n<li>\u30c8\u30c3\u30d7\u30da\u30fc\u30b8\u306a\u3069\u306e\u691c\u7d22\u7a93\u306b\u3001\u8abf\u3079\u305f\u3044\u4f01\u696d\u540d\u307e\u305f\u306f\u9298\u67c4\u30b3\u30fc\u30c9\u3092\u5165\u529b\u3057\u3066\u691c\u7d22\u3057\u307e\u3059\u3002<\/li>\n\n\n\n<li>\u691c\u7d22\u7d50\u679c\u304b\u3089\u8a72\u5f53\u3059\u308b\u4f01\u696d\u540d\u3092\u30af\u30ea\u30c3\u30af\u3057\u3001\u500b\u5225\u9298\u67c4\u306e\u8a73\u7d30\u30da\u30fc\u30b8\u3092\u958b\u304d\u307e\u3059\u3002<\/li>\n\n\n\n<li>\u682a\u4fa1\u60c5\u5831\u304c\u8868\u793a\u3055\u308c\u3066\u3044\u308b\u30a8\u30ea\u30a2\u3084\u3001\u300c\u6307\u6a19\u300d\u300c\u682a\u5f0f\u60c5\u5831\u300d\u3068\u3044\u3063\u305f\u30bb\u30af\u30b7\u30e7\u30f3\u3092\u63a2\u3057\u307e\u3059\u3002<\/li>\n\n\n\n<li>\u305d\u306e\u4e2d\u306b\u300cPER\uff08\u682a\u4fa1\u53ce\u76ca\u7387\uff09\u300d\u307e\u305f\u306f\u300c\u4e88\u60f3PER\u300d\u3068\u3044\u3063\u305f\u9805\u76ee\u304c\u3042\u308a\u3001\u73fe\u5728\u306ePER\u3092\u78ba\u8a8d\u3067\u304d\u307e\u3059\u3002<\/li>\n<\/ol>\n\n\n\n<p class=\"has-arkb-anchor-color has-text-color has-link-color wp-elements-a5961c622b91f70e659fd60dbcc16fd7 wp-block-paragraph\">\u25b7\u95a2\u9023\uff1a<a href=\"https:\/\/mitsukijapan.com\/ma\/column\/market-capitalization\/\">\u6642\u4fa1\u7dcf\u984d\u306e\u8a08\u7b97\u65b9\u6cd5\uff5c\u4f01\u696d\u4fa1\u5024\u3084\u682a\u4e3b\u4fa1\u5024\u3068\u306e\u9055\u3044\u30fb\u76ee\u5b89\u30fb\u975e\u4e0a\u5834\u682a\u4fa1<\/a><\/p>\n\n\n\n<h2 id=\"arkb-toc-3\" class=\"wp-block-heading\"><strong>PER\u306e\u8a08\u7b97<\/strong>\u65b9\u6cd5<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">PER\u306e\u8a08\u7b97\u5f0f\u306f\u4ee5\u4e0b\u3068\u306a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"has-text-align-center has-xlarge-font-size wp-block-paragraph\">PER \uff1d \u682a\u4fa1 \u00f7 EPS\uff081\u682a\u5f53\u305f\u308a\u7d14\u5229\u76ca\uff09\u200b<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u3048\u3070\u682a\u4fa1\u304c1,000\u5186\u3001EPS\u304c100\u5186\u306a\u3089\u3001<\/p>\n\n\n\n<p class=\"has-large-font-size wp-block-paragraph\">PER \uff1d 1,000\u5186 \u00f7 100\u5186 \uff1d 10\u500d<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u3068\u306a\u308a\u307e\u3059\u3002\u3053\u3053\u3067\u300c10\u500d\u300d\u3068\u3044\u3046\u500d\u7387\u306f\u3001\u682a\u4fa1\u3092\u5229\u76ca\u3067\u5272\u308a\u623b\u3057\u305f\u6570\u5b57\u306b\u3059\u304e\u307e\u305b\u3093\u304c\u3001\u696d\u754c\u5e73\u5747PER\u304c20\u500d\u3060\u3063\u305f\u5834\u5408\u306f\u300c\u5e73\u5747\u3088\u308a\u5272\u5b89\u300d\u3068\u5224\u65ad\u3067\u304d\u307e\u3059\u3002\u9006\u306b\u5e73\u5747\u304c8\u500d\u3067\u3042\u308c\u3070\u300c\u5272\u9ad8\u300d\u3067\u3059\u3002\u200b<\/p>\n\n\n\n<h3 id=\"arkb-toc-4\" class=\"wp-block-heading\"><strong>EPS\uff08\u4e00\u682a\u5f53\u305f\u308a\u5229\u76ca\uff09\u306e\u6c42\u3081\u65b9<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">PER\u306e\u8a08\u7b97\u8981\u7d20\u3067\u3042\u308bEPS\u306e\u7b97\u5f0f\u306f\u4ee5\u4e0b\u306b\u306a\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"has-text-align-center has-large-font-size wp-block-paragraph\">EPS \uff1d \u5f53\u671f\u7d14\u5229\u76ca \u00f7 \u767a\u884c\u6e08\u682a\u5f0f\u7dcf\u6570<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">EPS\u306e\u6b63\u78ba\u306a\u7b97\u51fa\u304cPER\u306e\u7cbe\u5ea6\u3092\u5de6\u53f3\u3057\u307e\u3059\u3002\u767a\u884c\u682a\u5f0f\u304c\u5897\u3048\u308c\u3070\u540c\u3058\u5229\u76ca\u3067\u3082EPS\u306f\u8584\u307e\u308a\u3001\u7d50\u679c\u3068\u3057\u3066PER\u304c\u9ad8\u304f\u306a\u308b\uff08\u5272\u9ad8\u306b\u898b\u3048\u308b\uff09\u305f\u3081\u3001\u682a\u5f0f\u306e\u5897\u6e1b\u3084\u682a\u5f0f\u5206\u5272\u30fb\u65b0\u682a\u767a\u884c\u306e\u5f71\u97ff\u3092\u898b\u9003\u3055\u306a\u3044\u3053\u3068\u304c\u5927\u5207\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f8b\u3068\u3057\u3066\u5f53\u671f\u7d14\u5229\u76ca1\u5104\u5186\u3092\u8a08\u4e0a\u3057\u305fA\u793e\u3068B\u793e\u3092\u6bd4\u3079\u3066\u307f\u307e\u3057\u3087\u3046\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>A\u793e\uff1a\u767a\u884c\u6e08\u682a\u5f0f\u657010\u4e07\u682a \u2192 EPS\uff1d1\u5104\u5186 \u00f7 10\u4e07\u682a\uff1d1,000\u5186<\/li>\n\n\n\n<li>B\u793e\uff1a\u767a\u884c\u6e08\u682a\u5f0f\u657020\u4e07\u682a \u2192 EPS\uff1d1\u5104\u5186 \u00f7 20\u4e07\u682a\uff1d500\u5186<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u540c\u3058\u7d14\u5229\u76ca\u3067\u3082EPS\u306f2\u500d\u306e\u5dee\u304c\u751f\u3058\u307e\u3059\u3002\u4eee\u306b\u4e21\u793e\u306e\u682a\u4fa1\u304c\u540c\u305810,000\u5186\u3060\u3068\u3059\u308b\u3068\u3001A\u793e\u306ePER\u306f10,000\u5186\u00f71,000\u5186\uff1d10\u500d\u3001B\u793e\u306f10,000\u5186\u00f7500\u5186\uff1d20\u500d\u3068\u306a\u308a\u3001\u682a\u4fa1\u6c34\u6e96\u304c\u540c\u3058\u3067\u3082\u8a55\u4fa1\u306f\u5927\u304d\u304f\u5909\u308f\u308a\u307e\u3059\u3002\u200b<\/p>\n\n\n\n<p class=\"has-arkb-anchor-color has-text-color has-link-color wp-elements-d9aacc7907c41d17441581aa5111aa88 wp-block-paragraph\">\u25b7\u95a2\u9023\uff1a<a href=\"https:\/\/mitsukijapan.com\/ma\/column\/explains-how-to-use-eps-to-gain-insight-into-a-companys-true-value\/\">EPS\u3068\u306f\uff1f\u8a08\u7b97\u5f0f\u3067\u8aad\u307f\u89e3\u304fM&amp;A\u5f8c\u306e\u4f01\u696d\u4fa1\u5024\u30fbPER\u3068\u306e\u95a2\u4fc2<\/a><\/p>\n\n\n\n<h2 id=\"arkb-toc-5\" class=\"wp-block-heading\"><strong>PER\u3068PBR\u306e\u9055\u3044<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">PER\u304c\u300c\u5229\u76ca\u300d\u306b\u5bfe\u3059\u308b\u682a\u4fa1\u500d\u7387\u3067\u3042\u308b\u306e\u306b\u5bfe\u3057\u3001PBR\uff08Price Book-value Ratio\u3001\u682a\u4fa1\u7d14\u8cc7\u7523\u500d\u7387\uff09\u306f\u300c\u7d14\u8cc7\u7523\u300d\u306b\u5bfe\u3059\u308b\u682a\u4fa1\u500d\u7387\u3067\u3059\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>PER\uff1a\u4f01\u696d\u304c\u7a3c\u3050\u300c\u5229\u76ca\u300d\u306b\u7740\u76ee \u2192 \u5c06\u6765\u306e\u53ce\u76ca\u671f\u5f85\u3092\u53cd\u6620<\/li>\n\n\n\n<li>PBR\uff1a\u4f01\u696d\u304c\u4fdd\u6709\u3059\u308b\u300c\u8cc7\u7523\u300d\u306b\u7740\u76ee \u2192 \u6e05\u7b97\u4fa1\u5024\u3084\u8cc7\u7523\u52b9\u7387\u3092\u53cd\u6620<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">PBR\u306f\u300c\u682a\u4fa1 \u00f7 1\u682a\u5f53\u305f\u308a\u7d14\u8cc7\u7523\u300d\u3068\u3044\u3046\u5f0f\u3067\u7b97\u51fa\u3055\u308c\u30011\u500d\u3092\u4e0b\u56de\u308b\u3068\u7406\u8ad6\u4e0a\u306f\u5e02\u5834\u3067\u306e\u8a55\u4fa1\u304c\u4fdd\u6709\u8cc7\u7523\u4fa1\u5024\u3088\u308a\u4f4e\u3044\u3001\u3064\u307e\u308a\u5272\u5b89\u3068\u307f\u306a\u3055\u308c\u307e\u3059\u3002\u305f\u3060\u3057\u8cc7\u7523\u5185\u5bb9\u306e\u8cea\u3084\u4f1a\u8a08\u57fa\u6e96\u306b\u5de6\u53f3\u3055\u308c\u308b\u305f\u3081\u3001PER\u3068\u540c\u5217\u306b\u6bd4\u8f03\u3059\u308b\u969b\u306f\u6ce8\u610f\u304c\u5fc5\u8981\u3067\u3059\u3002\u200b<\/p>\n\n\n\n<h3 id=\"arkb-toc-6\" class=\"wp-block-heading\">PER\u3068PBR<strong>\u3092\u7d44\u307f\u5408\u308f\u305b\u308b\u30e1\u30ea\u30c3\u30c8<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u5229\u76ca\u9762\u3092\u793a\u3059PER\u3068\u8cc7\u7523\u9762\u3092\u793a\u3059PBR\u3092\u639b\u3051\u5408\u308f\u305b\u3066\u8003\u3048\u308b\u3068\u3001\u4f01\u696d\u306e\u7acb\u4f53\u7684\u306a\u59ff\u304c\u898b\u3048\u3066\u304d\u307e\u3059\u3002<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>PER\u9ad8\u00d7PBR\u9ad8 \u2192 \u9ad8\u6210\u9577\u671f\u5f85\u3060\u304c\u5272\u9ad8\u30ea\u30b9\u30af\u3082\u9ad8\u3044<\/li>\n\n\n\n<li>PER\u4f4e\u00d7PBR\u4f4e \u2192 \u5e02\u5834\u304b\u3089\u904e\u5c0f\u8a55\u4fa1\u3055\u308c\u3066\u3044\u308b\u53ef\u80fd\u6027\u304c\u3042\u308b<\/li>\n\n\n\n<li>PER\u9ad8\u00d7PBR\u4f4e \u2192 \u5229\u76ca\u306f\u8a55\u4fa1\u3055\u308c\u308b\u304c\u8cc7\u7523\u52b9\u7387\u9762\u3067\u8ab2\u984c\u304c\u3042\u308b<\/li>\n\n\n\n<li>PER\u4f4e\u00d7PBR\u9ad8 \u2192 \u8cc7\u7523\u4fa1\u5024\u306f\u9ad8\u3044\u304c\u53ce\u76ca\u6027\u304c\u8a55\u4fa1\u3055\u308c\u3066\u3044\u306a\u3044<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">\u3053\u306e\u3088\u3046\u306b\u4e21\u9762\u304b\u3089\u30c1\u30a7\u30c3\u30af\u3059\u308b\u3053\u3068\u3067\u3001\u898b\u843d\u3068\u3057\u3084\u601d\u3044\u8fbc\u307f\u3092\u9632\u3052\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"has-arkb-anchor-color has-text-color has-link-color wp-elements-6bb5d9027244f8c5cbe7b02208f187a0 wp-block-paragraph\">\u25b7\u95a2\u9023\uff1a<a href=\"https:\/\/mitsukijapan.com\/ma\/column\/market-approach\/\">\u30de\u30fc\u30b1\u30c3\u30c8\u30a2\u30d7\u30ed\u30fc\u30c1\u3068\u306f\uff1f\u7a2e\u985e\u30fb\u8a08\u7b97\u65b9\u6cd5\u30fb\u30e1\u30ea\u30c3\u30c8\u3068\u30c7\u30e1\u30ea\u30c3\u30c8<\/a><\/p>\n\n\n\n<h2 id=\"arkb-toc-7\" class=\"wp-block-heading\"><strong>PER\u3092\u5229\u7528\u3057\u305f\u5272\u5b89\u30fb\u5272\u9ad8\u306e<\/strong>\u76ee\u5b89<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">PER\u3060\u3051\u3067\u6295\u8cc7\u5224\u65ad\u3092\u4e0b\u3059\u306e\u306f\u5371\u967a\u3067\u3059\u304c\u3001\u5ba2\u89b3\u7684\u306a\u51fa\u53e3\u4fa1\u683c\u306e\u76ee\u5b89\u3092\u4e0e\u3048\u3066\u304f\u308c\u308b\u306e\u306f\u4e8b\u5b9f\u3067\u3059\u3002<\/p>\n\n\n\n<h3 id=\"arkb-toc-8\" class=\"wp-block-heading\">PER\u306f\u9ad8\u3044\u304b\u4f4e\u3044\u304b\u3001\u3069\u3061\u3089\uff1f<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u306f\u3058\u3081\u306b\u5224\u65ad\u6750\u6599\u3068\u306a\u308b\uff13\u3064\u306e\u6bd4\u8f03\u8ef8\u3092\u6574\u7406\u3057\u307e\u3059\u3002\u200b<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>\u696d\u754c\u5e73\u5747\u3068\u306e\u6bd4\u8f03<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">\u307e\u305a\u540c\u696d\u4ed6\u793e\u306ePER\u3092\u8abf\u3079\u3001\u81ea\u793e\u306e\u4f4d\u7f6e\u3065\u3051\u3092\u628a\u63e1\u3057\u307e\u3059\u3002\u4f8b\u3048\u3070\u6280\u8853\u9769\u65b0\u306e\u901f\u3044IT\u30b5\u30fc\u30d3\u30b9\u696d\u306f\u5e73\u5747PER\u304c25\u500d\u7a0b\u5ea6\u3067\u3082\u8a31\u5bb9\u3055\u308c\u308b\u3053\u3068\u304c\u3042\u308b\u4e00\u65b9\u3001\u6210\u719f\u3057\u305f\u88fd\u9020\u696d\u3067\u306f12\u500d\u524d\u5f8c\u304c\u4e00\u822c\u6c34\u6e96\u3068\u306a\u308b\u306a\u3069\u3001\u696d\u614b\u306b\u3088\u3063\u3066\u4e56\u96e2\u304c\u5927\u304d\u3044\u70b9\u306b\u6ce8\u610f\u3057\u307e\u3057\u3087\u3046\u3002\u200b<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>\u904e\u53bb\u306ePER\u63a8\u79fb\u3068\u306e\u6bd4\u8f03<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">\u4f01\u696d\u304c\u9577\u671f\u7684\u306b\u6210\u9577\u3057\u3066\u3044\u308b\u5834\u5408\u3001PER\u306e\u6c34\u6e96\u3082\u6301\u7d9a\u7684\u306b\u5207\u308a\u4e0a\u304c\u3063\u3066\u3044\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002\u904e\u53bb\u306e\u9ad8\u4f4e\u30ec\u30f3\u30b8\u3092\u78ba\u8a8d\u3059\u308b\u3068\u300c\u3044\u307e\u306f\u81ea\u793e\u6b74\u53f2\u7684\u306b\u898b\u3066\u5272\u5b89\u304b\u5426\u304b\u300d\u3092\u5224\u65ad\u3067\u304d\u307e\u3059\u3002\u53cd\u5bfe\u306b\u3001\u696d\u7e3e\u60aa\u5316\u3067\u5229\u76ca\u304c\u4e00\u6642\u7684\u306b\u6e1b\u5c11\u3057\u3066\u3044\u308b\u3068\u3001PER\u304c\u6025\u4e0a\u6607\u3057\u5272\u9ad8\u306b\u898b\u3048\u308b\u3053\u3068\u3082\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>\u5e02\u5834\u5168\u4f53\u3068\u306e\u6bd4\u8f03<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">\u65e5\u7d4c\u5e73\u5747\u682a\u4fa1\u306e\u9577\u671fPER\u306f\u304a\u304a\u3080\u306d15\u500d\u524d\u5f8c\u3067\u63a8\u79fb\u3057\u3066\u304d\u307e\u3057\u305f\u3002\u3053\u306e\u300c15\u500d\u300d\u306f\u56fd\u5185\u4e0a\u5834\u4f01\u696d\u3092\u8a55\u4fa1\u3059\u308b\u969b\u306e\u4e00\u3064\u306e\u76ee\u5b89\u3068\u3057\u3066\u5e83\u304f\u77e5\u3089\u308c\u3066\u3044\u307e\u3059\u3002\u305f\u3060\u3057\u4e16\u754c\u7684\u306a\u91d1\u5229\u74b0\u5883\u306a\u3069\u306b\u3088\u308a\u9069\u6b63\u6c34\u6e96\u306f\u5909\u52d5\u3057\u3046\u308b\u70b9\u306b\u7559\u610f\u304c\u5fc5\u8981\u3067\u3059\u3002\u200b<\/p>\n\n\n\n<h3 id=\"arkb-toc-9\" class=\"wp-block-heading\">PER\u304c\u5272\u9ad8\u30fb\u5272\u5b89\u306e\u76ee\u5b89<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e0a\u8a18\u306b\u6bd4\u8f03\u306b\u3082\u3068\u3065\u304d\u3001PER\u304c\u9ad8\u3044\u306e\u304b\u5b89\u3044\u306e\u304b\u3001\u305d\u306e\u76ee\u5b89\u306f\u4ee5\u4e0b\u306e\u3088\u3046\u306b\u8003\u3048\u307e\u3057\u3087\u3046\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>PER\u304c\u9ad8\u3044\u5834\u5408\u306e\u610f\u5473<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">PER\u304c\u9ad8\u3044\u3068\u3044\u3046\u3053\u3068\u306f\u3001\u5e02\u5834\u304c\u5c06\u6765\u306e\u53ce\u76ca\u62e1\u5927\u3092\u5f37\u304f\u7e54\u308a\u8fbc\u3093\u3067\u3044\u308b\u72b6\u614b\u3067\u3059\u3002\u9769\u65b0\u7684\u306a\u6280\u8853\u3084\u30d3\u30b8\u30cd\u30b9\u30e2\u30c7\u30eb\u304c\u6210\u9577\u30c9\u30e9\u30a4\u30d0\u30fc\u306b\u306a\u308b\u4f01\u696d\u3067\u306f\u3001\u5b9f\u7e3e\u4ee5\u4e0a\u306b\u671f\u5f85\u304c\u682a\u4fa1\u306b\u53cd\u6620\u3055\u308c\u307e\u3059\u3002\u305d\u306e\u4e00\u65b9\u3067\u3001\u671f\u5f85\u5012\u308c\u306b\u7d42\u308f\u3063\u305f\u5834\u5408\u306e\u682a\u4fa1\u4e0b\u843d\u30ea\u30b9\u30af\u3082\u5927\u304d\u3044\u70b9\u306b\u6ce8\u610f\u304c\u5fc5\u8981\u3067\u3059\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>PER\u304c\u4f4e\u3044\u5834\u5408\u306e\u610f\u5473<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">PER\u304c\u4f4e\u3044\u4f01\u696d\u306f\u4e00\u898b\u5272\u5b89\u306b\u6620\u308a\u307e\u3059\u304c\u3001\u696d\u7e3e\u4f4e\u8ff7\u3084\u7523\u696d\u5168\u4f53\u306e\u5148\u884c\u304d\u4e0d\u5b89\u3068\u3044\u3063\u305f\u30de\u30a4\u30ca\u30b9\u8981\u56e0\u304c\u682a\u4fa1\u306b\u7e54\u308a\u8fbc\u307e\u308c\u3066\u3044\u308b\u30b1\u30fc\u30b9\u3082\u3042\u308a\u307e\u3059\u3002PER\u304c\u4f4e\u3044\u7406\u7531\u3092\u6c7a\u7b97\u5185\u5bb9\u3084\u696d\u754c\u52d5\u5411\u304b\u3089\u78ba\u8a8d\u3057\u3001\u5272\u5b89\u300c\u306b\u898b\u3048\u308b\u300d\u3060\u3051\u3067\u306a\u3044\u304b\u7cbe\u67fb\u3059\u308b\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><strong>PER\u306e\u9069\u6b63\u6c34\u6e96\u3068\u76ee\u5b89<\/strong><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">\u56fd\u5185\u4e0a\u5834\u4f01\u696d\u306e\u5e73\u5747\u3092\u8e0f\u307e\u3048\u308c\u3070PER15\u500d\u524d\u5f8c\u304c\u4e00\u3064\u306e\u57fa\u6e96\u3068\u306a\u308a\u307e\u3059\u3002\u305f\u3060\u3057\u696d\u7a2e\u3084\u91d1\u5229\u74b0\u5883\u306b\u3088\u3063\u3066\u59a5\u5f53\u6c34\u6e96\u306f\u5909\u52d5\u3057\u307e\u3059\u3002\u305f\u3068\u3048\u3070\u9ad8\u6210\u9577\u5206\u91ce\u3067\u306fPER20\u500d\u8d85\u3067\u3082\u5272\u5b89\u3068\u5224\u65ad\u3055\u308c\u308b\u5834\u5408\u304c\u3042\u308b\u4e00\u65b9\u3001\u666f\u6c17\u654f\u611f\u7523\u696d\u3067\u306f10\u500d\u672a\u6e80\u304c\u6a19\u6e96\u7684\u306a\u8a55\u4fa1\u3068\u306a\u308b\u3053\u3068\u3082\u3042\u308a\u307e\u3059\u3002PER\u3092\u7528\u3044\u305f\u30b9\u30af\u30ea\u30fc\u30cb\u30f3\u30b0\u3067\u306f\u300c\u696d\u754c\u300d\u300c\u4f01\u696d\u306e\u6210\u9577\u30b9\u30c6\u30fc\u30b8\u300d\u300c\u5e02\u5834\u30b5\u30a4\u30af\u30eb\u300d\u3092\u5fc5\u305a\u4e09\u70b9\u30bb\u30c3\u30c8\u3067\u78ba\u8a8d\u3057\u307e\u3057\u3087\u3046\u3002\u200b<\/p>\n\n\n\n<p class=\"has-luminous-vivid-orange-color has-text-color has-link-color wp-elements-03e39b45cfbadf1a445b13d6219067a7 wp-block-paragraph\"><a href=\"https:\/\/mitsukijapan.com\/ma\/valuations\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u4f01\u696d\u4fa1\u5024\u3092\u7121\u6599\u3067\u30b7\u30df\u30e5\u30ec\u30fc\u30b7\u30e7\u30f3\u3059\u308b \uff1e<\/a><\/p>\n\n\n\n<h2 id=\"arkb-toc-10\" class=\"wp-block-heading\"><strong>M&amp;A\u306e\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u306b\u304a\u3051\u308bPER<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">M&amp;A\u3092\u624b\u639b\u3051\u308b\u73fe\u5834\u3067\u306f\u3001PER\u306e\u5229\u7528\u306f\u975e\u5e38\u306b\u5c11\u306a\u3044\u3067\u3059\u3002\u5229\u7528\u3055\u308c\u308b\u306e\u306f\u3001\u4ee5\u4e0b\u306e\u3088\u3046\u306a\u5834\u9762\u3067\u3059\u3002<\/p>\n\n\n\n<h3 id=\"arkb-toc-11\" class=\"wp-block-heading\"><strong>\u985e\u4f3c\u4f1a\u793e\u6bd4\u8f03\u6cd5\u306e\u88dc\u5b8c<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u4e2d\u5c0f\u4f01\u696d\u306eM&amp;A\u3067\u306f\u4e0a\u5834\u4f01\u696d\u3068\u7570\u306a\u308a\u5e02\u5834\u4fa1\u683c\u304c\u5b58\u5728\u3057\u307e\u305b\u3093\u3002\u305d\u306e\u305f\u3081\u3001\u4e0a\u5834\u3057\u3066\u3044\u308b\u985e\u4f3c\u696d\u7a2e\u30fb\u30d3\u30b8\u30cd\u30b9\u30e2\u30c7\u30eb\u4f01\u696d\u306ePER\u3092\u53c2\u8003\u306b\u3057\u3001\u975e\u4e0a\u5834\u4f01\u696d\u306e\u7406\u8ad6\u682a\u4fa1\u3092\u63a8\u5b9a\u3059\u308b\u3053\u3068\u304c\u3042\u308a\u307e\u3059\u3002\u305f\u3060\u3057\u898f\u6a21\u30fb\u6210\u9577\u7387\u306e\u5dee\u3092\u8abf\u6574\u3057\u306a\u3051\u308c\u3070\u8a55\u4fa1\u304c\u904e\u5927\u306b\u306a\u308b\u5371\u967a\u304c\u3042\u308a\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"has-arkb-anchor-color has-text-color has-link-color wp-elements-83a3fe56647fa37e43b31ddc28237b2e wp-block-paragraph\">\u25b7\u95a2\u9023\uff1a<a href=\"https:\/\/mitsukijapan.com\/ma\/column\/comparablecompaniescomparison\/\">\u985e\u4f3c\u4f1a\u793e\u6bd4\u8f03\u6cd5\u3068\u306f\uff1f EBITDA\u30de\u30eb\u30c1\u30d7\u30eb\u306b\u3088\u308b\u4f01\u696d\u4fa1\u5024\u306e\u8a08\u7b97\u5f0f<\/a><\/p>\n\n\n\n<h3 id=\"arkb-toc-12\" class=\"wp-block-heading\"><strong>\u30c7\u30a3\u30fc\u30eb\u30b9\u30c8\u30e9\u30af\u30c1\u30e3\u30fc\u3078\u306e\u53cd\u6620<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">\u8cb7\u53ce\u4ee3\u91d1\u3092\u682a\u5f0f\u5bfe\u4fa1\u3067\u652f\u6255\u3046\u30b9\u30ad\u30fc\u30e0\u3067\u306f\u3001\u8cb7\u3044\u624b\u81ea\u8eab\u306ePER\u304c\u9ad8\u6c34\u6e96\u3067\u3042\u308c\u3070<a href=\"https:\/\/mitsukijapan.com\/ma\/column\/what-is-share-exchange-ratio\/\" target=\"_blank\" rel=\"noreferrer noopener\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-arkb-anchor-color\">\u682a\u5f0f\u4ea4\u63db\u6bd4\u7387<\/mark><\/a>\u306b\u6709\u5229\u306b\u50cd\u304f\u5834\u5408\u304c\u3042\u308a\u307e\u3059\u3002\u9006\u306bPER\u304c\u4f4e\u3044\u72b6\u614b\u3067\u306e\u682a\u5f0f\u5bfe\u4fa1\u306f\u5e0c\u8584\u5316\u30ea\u30b9\u30af\u3092\u9ad8\u3081\u308b\u305f\u3081\u3001\u9069\u6b63PER\u3092\u7d4c\u55b6\u5224\u65ad\u6750\u6599\u3068\u3057\u3066\u30bf\u30a4\u30df\u30f3\u30b0\u3092\u898b\u6975\u3081\u308b\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n\n\n\n<h3 id=\"arkb-toc-13\" class=\"wp-block-heading\"><strong>\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9\u3067\u306e\u78ba\u8a8d\u9805\u76ee<\/strong><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/mitsukijapan.com\/ma\/column\/what-is-due-diligence\/\" target=\"_blank\" rel=\"noreferrer noopener\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-arkb-anchor-color\">\u30c7\u30e5\u30fc\u30c7\u30ea\u30b8\u30a7\u30f3\u30b9<\/mark><\/a>\u3067\u306f\u6b63\u5e38\u53ce\u76ca\u529b\u3084\u7570\u5e38\u640d\u76ca\u306e\u6709\u7121\u3001\u5c06\u6765\u306e\u6210\u9577\u65bd\u7b56\u3092\u7cbe\u67fb\u3057\u3001\u53d6\u5f15\u5f8c\u306b\u60f3\u5b9aPER\u304c\u7dad\u6301\u3067\u304d\u308b\u304b\u3092\u78ba\u304b\u3081\u307e\u3059\u3002\u7279\u306b\u58f2\u4e3b\u304c\u793a\u3059\u5c06\u6765\u8a08\u753b\u304c\u904e\u5ea6\u306b\u697d\u89b3\u7684\u3067\u306a\u3044\u304b\u3001\u5229\u76ca\u4e88\u60f3\u3068\u8a2d\u5099\u6295\u8cc7\u8a08\u753b\u304c\u6574\u5408\u3057\u3066\u3044\u308b\u304b\u3092\u30af\u30ed\u30b9\u30c1\u30a7\u30c3\u30af\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"has-arkb-anchor-color has-text-color has-link-color wp-elements-45103561375bc7c35685a2b29f3482ea wp-block-paragraph\">\u25b7\u95a2\u9023\uff1a<a href=\"https:\/\/mitsukijapan.com\/ma\/column\/valuation\/\">\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u3068\u306f\uff1f\uff5c\u4f01\u696d\u4fa1\u5024\u8a55\u4fa1\u306e\u8a08\u7b97\u65b9\u6cd5\u30fbM&amp;A\u682a\u4fa1\u306e\u610f\u5473<\/a><\/p>\n\n\n\n<h2 id=\"arkb-toc-14\" class=\"wp-block-heading\"><strong>PER\u306e\u9650\u754c\u3068\u6ce8\u610f\u70b9<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">PER\u306e\u9650\u754c\u3068\u6d3b\u7528\u4e0a\u306e\u6ce8\u610f\u70b9\u3092\u4e0b\u8868\u306b\u307e\u3068\u3081\u307e\u3057\u305f\u3002PER\u306f\u4fbf\u5229\u3067\u3059\u304c\u4e07\u80fd\u3067\u306f\u306a\u304f\u3001\u5358\u5e74\u5ea6\u306e\u5229\u76ca\u3092\u7528\u3044\u308b\u305f\u3081\u3001\u666f\u6c17\u5909\u52d5\u3084\u4e00\u6642\u7684\u306a\u8981\u56e0\u3067\u5229\u76ca\u304c\u5927\u304d\u304f\u632f\u308c\u308b\u5c40\u9762\u3067\u306f\u6307\u6a19\u3068\u3057\u3066\u306e\u4fe1\u983c\u6027\u304c\u4f4e\u4e0b\u3057\u307e\u3059\u3002<\/p>\n\n\n\n<figure class=\"wp-block-table 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class=\"wp-block-paragraph\">PER\u5358\u72ec\u3067\u306f\u5224\u65ad\u304c\u504f\u308a\u307e\u3059\u3002\u8907\u773c\u7684\u306b\u4f01\u696d\u3092\u8a55\u4fa1\u3059\u308b\u305f\u3081\u3001\u3053\u308c\u3089\u306e\u6307\u6a19\u3084\u5b9a\u6027\u60c5\u5831\u3092\u7d44\u307f\u5408\u308f\u305b\u308b\u3053\u3068\u3067\u3001PER\u3060\u3051\u3067\u682a\u4fa1\u306e\u5272\u5b89\u30fb\u5272\u9ad8\u3092\u65ad\u5b9a\u3057\u3066\u4f01\u696d\u306e\u771f\u306e\u53ce\u76ca\u529b\u3092\u898b\u8aa4\u308b\u3053\u3068\u3092\u9632\u3052\u307e\u3059\u3002<\/p>\n\n\n\n<p class=\"has-luminous-vivid-orange-color has-text-color has-link-color wp-elements-fe9c0cd4de3d41ec05976b7d8098e7cb wp-block-paragraph\"><a href=\"https:\/\/mitsukijapan.com\/ma\/valuations\/\" target=\"_blank\" rel=\"noreferrer noopener\">\u767b\u9332\u4e0d\u8981\u30fb\u7121\u6599\u306e\u7c21\u6613\u4f01\u696d\u8a55\u4fa1\u3092\u3059\u308b<\/a><\/p>\n\n\n\n<h2 id=\"arkb-toc-15\" class=\"wp-block-heading\"><strong>\u3088\u304f\u3042\u308b\u8cea\u554f\uff5cPER\u306b\u95a2\u3059\u308bFAQ<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">PER\uff08\u682a\u4fa1\u53ce\u76ca\u7387\uff09\u306b\u95a2\u3059\u308b\u3088\u304f\u3042\u308b\u8cea\u554f\uff08FAQ\uff09\u3092\u307e\u3068\u3081\u307e\u3057\u305f\u306e\u3067\u3001\u3054\u53c2\u8003\u304f\u3060\u3055\u3044\u3002<\/p>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1758003435402\"><strong class=\"schema-faq-question\"><strong><span class=\"arkb-fz arkb-fz-l\">Q1\uff1aPER\u304c\u30de\u30a4\u30ca\u30b9\u306b\u306a\u308b\u306e\u306f\u306a\u305c\uff1f<\/span><\/strong><\/strong> <p class=\"schema-faq-answer\">\u4f01\u696d\u304c\u8d64\u5b57\uff08EPS\u304c\u30de\u30a4\u30ca\u30b9\uff09\u306e\u5834\u5408\u3001\u8a08\u7b97\u4e0aPER\u3082\u30de\u30a4\u30ca\u30b9\u306b\u306a\u308a\u307e\u3059\u3002\u3053\u306e\u72b6\u614b\u3067\u8ca0\u306e\u500d\u7387\u3092\u6bd4\u8f03\u3057\u3066\u3082\u610f\u5473\u304c\u8584\u3044\u305f\u3081\u3001\u8d64\u5b57\u4f01\u696d\u306e\u4fa1\u5024\u8a55\u4fa1\u306b\u306f\u55b6\u696d\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u500d\u7387\u3084EV\/EBITDA\u304c\u7528\u3044\u3089\u308c\u307e\u3059\u3002<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1758003454397\"><strong class=\"schema-faq-question\"><strong><span class=\"arkb-fz arkb-fz-l\">Q2\uff1a\u4e88\u60f3PER\u3068\u5b9f\u7e3ePER\u306e\u3069\u3061\u3089\u3092\u91cd\u8996\u3059\u308b\uff1f<\/span><\/strong><\/strong> <p class=\"schema-faq-answer\">\u77ed\u671f\u7684\u306a\u58f2\u8cb7\u3067\u306f\u4e88\u60f3PER\u304c\u91cd\u8996\u3055\u308c\u304c\u3061\u3067\u3059\u304c\u3001\u9577\u671f\u6295\u8cc7\u3084M&amp;A\u306e\u5834\u9762\u3067\u306f\u5b9f\u7e3ePER\u3068\u904e\u53bb\u5e73\u5747PER\u3092\u4f75\u7528\u3057\u3001\u5229\u76ca\u4e88\u60f3\u306e\u4fe1\u983c\u5ea6\u3092\u898b\u6975\u3081\u308b\u3053\u3068\u304c\u63a8\u5968\u3055\u308c\u307e\u3059\u3002<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1758003467253\"><strong class=\"schema-faq-question\"><strong><span class=\"arkb-fz arkb-fz-l\">Q3\uff1aPER\u306e\u6c34\u6e96\u306f\u7d4c\u6e08\u74b0\u5883\u3067\u3069\u3046\u5909\u308f\u308b\uff1f<\/span><\/strong><\/strong> <p class=\"schema-faq-answer\">\u4f4e\u91d1\u5229\u74b0\u5883\u3067\u306f\u50b5\u5238\u5229\u56de\u308a\u304c\u4f4e\u4e0b\u3057\u3001\u76f8\u5bfe\u7684\u306b\u682a\u5f0f\u306e\u671f\u5f85\u5229\u56de\u308a\u304c\u4e0b\u304c\u308b\u305f\u3081PER\u304c\u5207\u308a\u4e0a\u304c\u308b\u50be\u5411\u306b\u3042\u308a\u307e\u3059\u3002\u9006\u306b\u91d1\u5229\u4e0a\u6607\u5c40\u9762\u3067\u306fPER\u304c\u5207\u308a\u4e0b\u304c\u308a\u3084\u3059\u304f\u306a\u308a\u307e\u3059\u3002<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1758003488436\"><strong class=\"schema-faq-question\"><strong><span class=\"arkb-fz arkb-fz-l\">Q4\uff1aPER\u304c\u6975\u7aef\u306b\u9ad8\u3044\u30b0\u30ed\u30fc\u30b9\u5e02\u5834\u682a\u306f\u5371\u967a\uff1f<\/span><\/strong><\/strong> <p class=\"schema-faq-answer\">PER100\u500d\u8d85\u306e\u9298\u67c4\u3082\u5b58\u5728\u3057\u307e\u3059\u304c\u3001\u5229\u76ca\u6210\u9577\u7387\u304c\u5e7460\uff05\u4ee5\u4e0a\u3067\u7d9a\u3051\u30702\u5e74\u3067\u5b9f\u8ceaPER\u306f\u534a\u5206\u306b\u306a\u308a\u307e\u3059\u3002\u6210\u9577\u30b7\u30ca\u30ea\u30aa\u306e\u5b9f\u73fe\u6027\u3092\u5ba2\u89b3\u7684\u306b\u691c\u8a3c\u3057\u3001\u30d0\u30ea\u30e5\u30a8\u30fc\u30b7\u30e7\u30f3\u306b\u7d0d\u5f97\u3067\u304d\u308b\u6295\u8cc7\u5bb6\u306e\u307f\u304c\u9069\u5207\u306b\u30ea\u30b9\u30af\u3092\u53d6\u308c\u307e\u3059\u3002<\/p> <\/div> <\/div>\n\n\n\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-8f761849 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/mitsukijapan.com\/ma\/valuations\/\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"400\" height=\"300\" src=\"https:\/\/mitsukijapan.com\/ma\/wp-content\/uploads\/Frame-4.jpg\" alt=\"\" class=\"wp-image-3067\"\/><\/a><\/figure>\n<\/div>\n\n\n\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\">\n<figure class=\"wp-block-image size-full\"><a href=\"https:\/\/mitsukijapan.com\/ma\/lp\/01\/\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"400\" height=\"300\" src=\"https:\/\/mitsukijapan.com\/ma\/wp-content\/uploads\/Frame-3.jpg\" alt=\"\" class=\"wp-image-3068\"\/><\/a><\/figure>\n<\/div>\n<\/div>\n\n\n\n<h2 id=\"arkb-toc-16\" class=\"wp-block-heading\"><strong>PER<\/strong>\u306e\u307e\u3068\u3081<\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">PER\u306f\u3001\u682a\u4fa1\u3092EPS\uff081\u682a\u5f53\u305f\u308a\u7d14\u5229\u76ca\uff09\u3067\u5272\u3063\u3066\u7b97\u51fa\u3059\u308b\u682a\u4fa1\u53ce\u76ca\u7387\u3067\u3059\u3002\u682a\u4fa1\u304c\u5229\u76ca\u306e\u4f55\u500d\u304b\u3092\u793a\u3057\u3001\u5272\u5b89\u30fb\u5272\u9ad8\u3092\u5224\u65ad\u3059\u308b\u6307\u6a19\u3068\u3057\u3066\u5e83\u304f\u6d3b\u7528\u3055\u308c\u307e\u3059\u3002\u305f\u3060\u3057\u3001\u5358\u5e74\u5ea6\u5229\u76ca\u306b\u5de6\u53f3\u3055\u308c\u3084\u3059\u304f\u3001\u8d64\u5b57\u4f01\u696d\u306b\u306f\u4f7f\u3048\u306a\u3044\u9650\u754c\u304c\u3042\u308a\u307e\u3059\u3002PBR\u3001ROE\u3001\u30ad\u30e3\u30c3\u30b7\u30e5\u30d5\u30ed\u30fc\u306a\u3069\u4ed6\u6307\u6a19\u3068\u4f75\u7528\u3059\u308b\u3053\u3068\u304c\u91cd\u8981\u3067\u3059\u3002<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u307f\u3064\u304d\u30b3\u30f3\u30b5\u30eb\u30c6\u30a3\u30f3\u30b0\u306f\u3001\u7a0e\u7406\u58eb\u6cd5\u4eba\u30b0\u30eb\u30fc\u30d7\u306eM&amp;A\u4ef2\u4ecb\u4f1a\u793e\u3068\u3057\u3066\u3001\u4e2d\u5c0f\u4f01\u696dM&amp;A\u306b\u7279\u5316\u3057\u305f\u8c4a\u5bcc\u306a\u5b9f\u7e3e\u3092\u6301\u3064\u30a2\u30c9\u30d0\u30a4\u30b6\u30fc\u3084\u516c\u8a8d\u4f1a\u8a08\u58eb\u3001\u7a0e\u7406\u58eb\u304c\u591a\u6570\u5728\u7c4d\u3057\u3066\u3044\u307e\u3059\u3002\u4f01\u696d\u4fa1\u5024\u8a55\u4fa1\u3092\u542b\u3080M&amp;A\u5168\u822c\u306b\u3064\u3044\u3066\u3001\u3054\u76f8\u8ac7\u304f\u3060\u3055\u3044\u3002<\/p>\n\n\n\n<p class=\"has-arkb-anchor-color has-text-color has-link-color wp-elements-35d6ba0785dbc0629f8ad4f810c4ee46 wp-block-paragraph\"><a href=\"https:\/\/mitsukijapan.com\/ma\/lp\/01\/\" target=\"_blank\" rel=\"noreferrer noopener\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-arkb-anchor-color\">\u5b8c\u5168\u6210\u529f\u5831\u916c\u306eM&amp;A\u4ef2\u4ecb\u4f1a\u793e\u306a\u3089\u3001\u307f\u3064\u304d\u30b3\u30f3\u30b5\u30eb\u30c6\u30a3\u30f3\u30b0\u3078 \uff1e<\/mark><\/a><\/p>\n\n\n<div class=\"cta-btns\">\n    <div class=\"contact-btn\">\n        <div class=\"micro-copy\">\u3054\u8b72\u6e21\u3092\u691c\u8a0e\u3055\u308c\u308b\u65b9<\/div>\n        <a href=\"\/ma\/contact\/\">\u4eca\u3059\u3050\u7121\u6599\u76f8\u8ac7\u3059\u308b<\/a>\n    <\/div>\n    <div>\n        <div class=\"download-btn\">\n            <div class=\"micro-copy\">M&#038;A\u306e\u91cd\u8981\u30dd\u30a4\u30f3\u30c8\u8cc7\u6599<\/div>\n            <a href=\"\/ma\/document-request\/\">\u7121\u6599\u3067\u30c0\u30a6\u30f3\u30ed\u30fc\u30c9\u3059\u308b<\/a>\n        <\/div>\n    <\/div>\n<\/div>","protected":false},"author":8,"featured_media":2169,"template":"","meta":{"cybocfi_hide_featured_image":"yes"},"class_list":["post-2166","column","type-column","status-publish","has-post-thumbnail","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/mitsukijapan.com\/ma\/wp-json\/wp\/v2\/column\/2166","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mitsukijapan.com\/ma\/wp-json\/wp\/v2\/column"}],"about":[{"href":"https:\/\/mitsukijapan.com\/ma\/wp-json\/wp\/v2\/types\/column"}],"author":[{"embeddable":true,"href":"https:\/\/mitsukijapan.com\/ma\/wp-json\/wp\/v2\/users\/8"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mitsukijapan.com\/ma\/wp-json\/wp\/v2\/media\/2169"}],"wp:attachment":[{"href":"https:\/\/mitsukijapan.com\/ma\/wp-json\/wp\/v2\/media?parent=2166"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}