本文在过往众多研究影响市盈率的因素文献基础之上，从宏观经济、上市公司微

Based on the literature of many factors that have influenced the price-earnings ratio in the past, this article selects seven important economic and stock indicators from the macroeconomic and micro-levels of listed companies, and uses the A-share market and the Hong Kong stock market as research platforms to establish their relationship with the price-earnings ratio. The model of the relationship is empirically analyzed to obtain the status of the price-earnings ratio in different markets affected by various important economic indicators, so as to further analyze the possible differences and differences between the A-share market and the H-share market.

Based on many factors in the past, this paper selects 7 important economic and stock indicators from the micro level of macro-economy and listed companies, establishes the model of the relationship between a Market and Hong Kong stock market as the research platform, and makes empirical analysis to obtain the influence of the price-earnings ratio of different markets by various important economic indicators, so as to further analyze the possible differences and differences between the A-share market and the H-share market.

On the basis of many previous studies on the factors influencing the P / E ratio, this paper selects seven important economic and stock indexes from the macro-economic and micro level of listed companies, and takes the A-share market and Hong Kong stock market as the research platform, establishes the model of their relationship with the P / E ratio, and conducts empirical analysis to get the impact of various important economic indexes on the P / E ratio in different markets The paper further analyzes the possible differences between the A-share market and the H-share market.<br>