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電商巨頭阿里巴巴的市值持續下滑，目前只有騰訊公司的一半左右。請看本報昨日的報道：

Chinese e-commerce giant Alibaba Group Holding Ltd.’s market value has slumped to only about half that of rival Tencent Holdings Ltd. as the former’s e-commerce-centric business faces sluggish demand and intensified competition.

Alibaba’s shares now trade around eight times forward earnings multiples, versus 16 times for Tencent.

報道中的forward earnings multiples就是“預期市盈率”，即用當前股價除以未來一年的預期每股收益，是一種常用的估值標準。