This approach is not in need of determining the expected rate of return of investors or estimating future cash dividend, but the corporate historic and present assets value, thus overcoming the shortcomings of the traditional methods.

• 该方法不需确定投资者的预期收益率，也不需估计未来的现金股利，只需要知道公司历史的和现在的资产评估价值就可以对股票进行估值，从而克服了传统股票定价方法的缺陷。