CPI：居民消费价格指数，是反映与居民生活有关的商品及劳务价格统计出来

CPI: Consumer Price Index is a price change indicator that reflects the prices of commodities and labor services related to residents' lives. It is usually used to measure the level of inflation. When the CPI is high, it indicates that the cash has depreciated. People tend to conduct stock investment and other activities to maintain asset value, thereby pushing up the stock price, and the price-earnings ratio has also risen. <br>M2: Broad money supply. When M2 grows faster, it indicates that there is more cash flowing in the market. People may make a series of investments in the stock market, etc., thereby increasing the stock price and making the price-earnings ratio change positively. <br>Total share capital: When the share capital of the stock is small, it is easy to be controlled by the dealer to intentionally raise the stock price to attract the attention of retail investors, so the price-earnings ratio should change inversely with the total share capital. <br>Proportion of tradable shares: The proportion of tradable shares reflects the equity structure and supply of the stock. When the proportion of tradable shares is relatively low, the value of the stock can only be shown by a small number of socially circulated stocks, which easily causes the price of the stock to rise, thereby increasing the price-earnings ratio , Making stocks overvalued.

CPI: The consumer price index is a measure of price changes that reflect the prices of goods and services related to the lives of residents, and is usually used to measure the level of inflation. When CPI is high, it indicates that cash is depreciating, and people tend to invest in stocks and other actions to preserve assets, which in turn drives up stock prices and pushes up the price-to-earnings ratio.<br>M2: Broad money supply, when M2 growth is faster, indicates that there is more cash in the market, people may make a series of investments in the stock market, etc., thus raising the stock price, so that the price-earnings ratio is positive change.<br>Total equity: When the equity of the stock is small, it is easy to be controlled by the dealer to deliberately raise the stock price to attract the attention of retail investors, so the price-earnings ratio should be reversed with the total share capital.<br>Share of outstanding shares: The proportion of outstanding shares reflects the structure and supply of stock, when the share stake is relatively low, the value of the stock can only be displayed through a small number of social circulation, easy to lead to the price of the stock rise, thus improving the price-earnings ratio, so that the stock is overvalued.

CPI: consumer price index (CPI) is a price change index that reflects the prices of goods and services related to residents' lives. It is usually used to measure inflation. When the CPI is high, it indicates that the cash is devalued, people tend to conduct stock investment and other behaviors to maintain the value of assets, thus pushing up the stock price, so the price earnings ratio is also rising.<br>M2: generalized money supply. When M2 grows rapidly, it indicates that there is more cash flow in the market. People may make a series of investments in the stock market, so as to improve the stock price and make the price earnings ratio change positively.<br>Total share capital: when the share capital of the stock is small, it is easy to be controlled by the makers so as to deliberately raise the stock price to attract the attention of retail investors. Therefore, the price earnings ratio should be reversed with the total share capital.<br>Proportion of tradable shares: the proportion of tradable shares reflects the share capital structure and supply degree. When the proportion of tradable shares is relatively low, the value of the shares can only be shown by a few social tradable shares, which is easy to cause the price of the shares to rise, thus improving the price earnings ratio and making the shares overvalued.<br>