上证指数估值为28.8%分位数——全球估值观察系列四十三分析师：李美岑SAC：S0160521120002分析师：王源SAC：S0160522030003报告日期：2023.3.4证券研究报告 全球指数汇总2资料来源：Wind，财通证券研究所；本报告截止时间：2023.3.3；报告中历史分位数的数据选取最早到2000年或市场开市；估值为0表明行业净利润为负。日经225、韩国综合指数、德国DAX、中国台湾加权指数、俄罗斯RTS的PE、PB估值数据缺失，暂用12.05数据，后三者分别用2023.1.21、11.28和11.25数据。全球指数涨跌及估值汇总A股指数涨跌及估值汇总涨跌幅PEPB本周上周年初至今月初至今2023/3/3历史分位数25分位50分位90分位2023/3/3历史分位数25分位50分位90分位俄罗斯RTS3.4%-0.7%-2.6%-0.1%4.386.6%5.597.0410.620.7830.0%0.760.831.12恒生指数2.8%-3.4%4.0%4.0%10.1232.7%9.6511.9517.601.0311.0%1.161.382.19纳斯达克指数2.6%-3.3%11.7%2.0%29.9128.9%29.1533.6062.884.1478.0%2.883.435.09德国DAX2.4%-1.8%11.9%1.4%14.5631.6%13.9216.9438.771.5541.3%1.471.611.92法国CAC402.2%-2.2%13.5%1.1%13.8718.7%14.6419.2728.931.6984.6%1.301.461.74标普5001.9%-2.7%5.4%1.9%22.9870.8%17.1419.7726.413.8787.3%2.522.834.12上证指数1.9%1.3%7.7%1.5%13.4828.2%13.1116.4348.181.3810.8%1.511.894.57道琼斯工业指数1.7%-3.0%0.7%2.2%22.3584.8%15.7818.1423.615.8490.5%2.863.435.78日经2251.7%-0.2%7.0%1.8%18.8228.1%18.2321.7653.801.5937.5%1.471.662.09英国富时1000.9%-1.6%6.6%0.9%12.999.0%15.4918.3557.181.6521.8%1.681.801.94中国台湾加权指数0.7%0.2%10.4%0.7%10.651.9%15.0016.4623.381.8479.1%1.611.682.01印度SENSEX300.6%-2.4%-1.7%1.1%23.4947.5%21.6623.4930.723.4785.0%2.833.003.52深证成指0.5%0.6%7.6%0.6%26.4254.0%17.3325.0844.662.7139.8%2.422.964.62韩国综合指数0.3%-1.1%8.7%0.8%11.4426.0%11.2814.1426.380.8813.1%0.941.041.38全球股市 A股指数&风格汇总3资料来源：Wind，财通证券研究所；本报告截止时间：2023.3.3；报告中历史分位数的数据选取最早到2000年或市场开市；估值为0表明行业净利润为负。A股指数涨跌及估值汇总港股行业涨跌及估值汇总涨跌幅PEPB本周上周年初至今月初至今2023/3/3历史分位数25分位50分位90分位2023/3/3历史分位数25分位50分位90分位上证指数1.9%1.3%7.7%1.5%13.4828.2%13.1216.4248.111.3810.9%1.511.894.58上证501.7%0.5%5.3%1.4%9.8828.6%9.6811.2924.241.3134.3%1.241.533.13沪深3001.7%0.7%6.7%1.5%12.1633.8%11.6913.4327.041.4319.6%1.471.673.32中证8001.5%0.9%7.3%1.2%13.5636.5%12.7414.6729.381.5019.5%1.531.723.40万得主板1.4%1.3%8.4%1.1%15.6325.8%15.5319.7557.891.507.3%1.722.064.69万得全A1.1%1.0%8.3%0.9%18.2432.8%17.1320.6057.891.7218.9%1.812.134.73万得全A(除金融、石油石化)0.9%0.9%8.8%0.7%29.6341.1%25.5132.8665.632.4736.2%2.262.844.83科创500.8%0.4%4.1%0.9%40.9816.1%43.7163.4881.184.346.8%5.006.447.71中证5000.8%1.7%9.0%0.5%24.5820.6%25.6830.8466.571.8313.8%2.042.454.04深证成指0.5%0.6%7.6%0.6%26.4254.0%17.3325.0844.662.7139.8%2.422.964.62中证10000.3%1.1%10.9%0.2%31.2119.6%34.0540.9279.392.4328.9%2.362.774.10创业板指-0.3%-0.8%3.2%-0.3%37.2712.1%41.9952.5268.505.0347.0%4.365.188.28涨跌幅PEPB本周上周年初至今月初至今2023/3/3历史分位数25分位50分位90分位2023/3/3历史分位数25分位50分位90分位稳定5.4%1.5%10.6%4.4%18.3049.7%14.5618.3430.971.3631.7%1.291.692.76金融2.1%1.3%4.4%2.1%7.2212.4%8.219.5844.470.733.4%1.111.493.71消费0.8%-0.2%6.2%0.1%36.2755.6%28.9134.8769.503.7155.1%3.133.635.09成长0.7%0.9%9.3%0.7%46.6930.3%44.2253.7291.803.4239.3%3.073.675.42周期0.4%2.0%10.6%0.4%17.4018.7%18.4122.9065.721.8129.4%1.742.104.85A股指数A股风格A股风格涨跌及估值汇总 A股行业汇总资料来源：Wind，财通证券研究所；本报告截止时间：2023.3.3；报告中历史分位数的数据选取最早到2000年或市场开市；估值为0表明行业净利润为负。4A股行业涨跌及估值汇总全球指数涨跌及估值汇总行业涨跌幅PEPB财通大类一级行业本周上周年初至今月初至今2023/3/3历史分位数25分位50分位90分位2023/3/3历史分位数25分位50分位90分位非银行金融2.5%1.5%8.6%2.5%16.9025.5%16.8520.0460.691.365.5%1.822.174.89银行2.2%1.2%1.6%2.3%4.654.9%5.956.8621.680.552.3%0.871.092.94房地产0.8%0.9%1.1%0.3%12.4620.1755.610.971.9%1.542.103.83国防军工1.5%3.0%9.3%1.9%66.4248.7%55.1666.81121.663.7952.1%2.773.725.55机械0.0%2.0%12.1%0.2%40.7659.4%28.5037.0493.122.7143.1%2.252.874.38汽车-1.1%1.5%9.2%-0.7%44.6380.9%17.6622.0751.852.4153.7%1.902.353.77电力设备及新能源-1.2%1.0%3.6%-1.3%31.169.3%35.9545.3863.143.4855.3%2.393.346.09通信7.1%2.9%23.7%4.8%21.3910.6%39.0052.4897.411.7212.6%2.262.814.00计算机4.1%1.8%22.6%3.3%86.2565.5%48.0562.56146.293.8838.5%3.334.256.39电子0.8%0.6%10.5%1.4%44.4528.4%43.2052.9491.443.3437.0%3.003.704.99传媒4.6%-0.9%15.5%5.1%57.2563.2%37.0249.8596.742.159.4%2.663.586.13家电1.5%3.6%11.9%2.1%16.9129.6%16.2420.9144.272.8441.2%2.363.084.00食品饮料1.2%-1.7%6.4%0.1%38.5657.7%29.2135.6770.427.5473.7%4.295.809.46消费者服务1.2%-0.8%-2.1%0.6%38.4152.69153.595.3179.2%3.273.876.75商贸零售1.1%1.1%1.4%1.1%24.5035.4366.531.5519.6%1.722.324.47纺织服装1.1%2.4%9.1%-0.8%30.9941.8%26.4133.6272.351.9127.9%1.882.283.87农林牧渔-0.4%2.6%3.1%-0.5%38.2754.79147.993.2037.5%2.913.494.92轻工制造-0.9%3.6%10.3%-0.6%35.3342.3%29.7438.6881.472.3738.9%2.122.553.98医药医药-0.6%-0.9%4.5%-1.2%36.2527.3%35.8440.6066.653.7428.6%3.664.286.01建筑6.2%2.4%15.0%5.8%12.0137.8%10.6916.3638.101.0417.8%1.131.502.69交通运输3.1%0.4%3.4%2.5%23.7557.4%18.3122.4754.631.5829.6%1.541.923.23电力及公用事业1.7%0.7%5.2%1.1%50.2991.0%19.6323.7848.781.7932.3%1.721.973.02石油石化2.2%1.7%12.4%2.3%9.043.3%12.4117.7435.691.0818.6%1.181.443.26建材1.7%2.0%11.5%2.5%16.4727.2%15.9226.4372.281.636.0%1.942.423.94钢铁0.9%4.8%13.8%1.4%26.4575.3%9.5317.0874.221.1537.0%1.061.322.08煤炭0.4%5.7%8.8%0.5%6.911.4%10.2613.0743.601.4340.6%1.221.613.91基础化工-0.1%0.2%8.2%-0.6%20.486.8%28.7042.6378.442.8144.3%2.302.954.51有色金属-1.0%1.9%10.9%-0.2%16.258.4%26.7848.42217.262.6232.3%2.363.035.38综合综合-0.5%1.2%4.3%-0.5%30.4651.59116.382.1140.5%1.782.364.56周期金融高端制造科技消费公共服务 港股&美股行业汇总资料来源：Wind，财通证券研究所；本报告截止时间：2023.3.3；报告中历史分位数的数据选取最早到2000年或市场开市；估值为0表明行业净利润为负。5港股行业涨跌及估值汇总涨跌幅PEPB本周上周年初至今月初至今2023/3/3历史分位数25分位50分位90分位2023/3/3历史分位数25分位50分位90分位香港电信服务7.2%0.3%22.0%6.1%10.0611.1%12.1913.65