<p>当瑞士近一半的公司市盈率（或称&#34;P/E&#34;）低于 19 倍时，您可能会考虑将 <strong>奇华顿（Givaudan SA）</strong>（VTX:GIVN）视为一只可能需要避免的股票，因为其市盈率为 28.1 倍。不过，我们需要深入挖掘一下，以确定这种高市盈率是否有合理的基础。</p>
<p>这项技术可能会取代计算机：发现 20 只正在努力使量子计算成为现实的股票。</p>
<p>由于近期盈利增长低于大多数其他公司，奇华顿的表现相对迟缓。许多人可能期望其乏善可陈的盈利表现会显著恢复，这使得市盈率没有崩溃。如果没有，那么现有股东可能会对股价的可持续性感到非常紧张。</p>
<p>查看我们对奇华顿的最新分析</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/1511174-pe-multiple-vs-industry-1-dark-2/1764302843199?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/1511174-pe-multiple-vs-industry-1-dark-2/1764302843199"/></p>
<p>SWX:GIVN 市盈率与行业比较 2025 年 11 月 28 日</p>
<p>想知道分析师如何看待奇华顿的未来与行业的对比吗？在这种情况下，我们的 <strong>免费</strong> 报告是一个很好的起点。</p>
<h2>增长指标告诉我们关于高市盈率的什么？</h2>
<p>奇华顿的市盈率对于一家预计将实现稳健增长的公司来说是典型的，重要的是，它的表现应该优于市场。</p>
<p>回顾过去，我们看到该公司去年每股收益增长了 6.0%。最近三年期间，每股收益整体增长了 40%，这在一定程度上得益于其短期表现。因此，可以公平地说，最近的盈利增长对公司来说是非常出色的。</p>
<p>展望未来，分析师预计接下来的三年将实现每年 5.2% 的增长。与此同时，市场的其他部分预计将以每年 12% 的速度扩张，这显然更具吸引力。</p>
<p>考虑到这一点，奇华顿的市盈率高于大多数其他公司，这令人担忧。显然，许多投资者对该公司的看法远比分析师所表明的乐观，并且不愿意以任何价格出售他们的股票。如果市盈率降到与增长前景更为一致的水平，这些股东很可能会为未来的失望埋下伏笔。</p>
<h2>关于奇华顿市盈率的结论</h2>
<p>虽然市盈率不应成为您是否购买股票的决定性因素，但它确实是盈利预期的一个有效晴雨表。</p>
<p>我们对奇华顿分析师预测的审查显示，其较差的盈利前景并没有像我们预期的那样对其高市盈率产生太大影响。现在，我们对高市盈率越来越感到不安，因为预测的未来盈利不太可能长期支持如此积极的情绪。除非这些条件显著改善，否则很难接受这些价格是合理的。</p>
<p>始终需要考虑投资风险的潜在威胁。我们已识别出 <strong>奇华顿的 1 个警示信号</strong>，理解这一点应成为您投资过程的一部分。</p>
<p>如果您对奇华顿的业务实力 <strong>不确定</strong>，为什么不探索我们互动的股票列表，寻找一些您可能错过的具有稳健商业基础的其他公司呢？</p>

奇华顿(ADR)

<p>奇华顿的市盈率为 28.1 倍，相较于其他瑞士公司而言偏高，这引发了对其盈利增长乏力的担忧。尽管过去每股收益有所增长，但未来的增长预计将落后于市场，这使得其当前市盈率的可持续性受到质疑</p>

<p>When close to half the companies in Switzerland have price-to-earnings ratios (or &#34;P/E's&#34;) below 19x, you may consider <strong>Givaudan SA</strong>(VTX:GIVN) as a stock to potentially avoid with its 28.1x P/E ratio. Nonetheless, we'd need to dig a little deeper to determine if there is a rational basis for the elevated P/E.</p>
<div class="lb-trans"><p>当瑞士近一半的公司市盈率（或称&#34;P/E&#34;）低于 19 倍时，您可能会考虑将 <strong>奇华顿（Givaudan SA）</strong>（VTX:GIVN）视为一只可能需要避免的股票，因为其市盈率为 28.1 倍。不过，我们需要深入挖掘一下，以确定这种高市盈率是否有合理的基础。</p>
</div><p>This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality.</p>
<div class="lb-trans"><p>这项技术可能会取代计算机：发现 20 只正在努力使量子计算成为现实的股票。</p>
</div><p>With earnings growth that's inferior to most other companies of late, Givaudan has been relatively sluggish. It might be that many expect the uninspiring earnings performance to recover significantly, which has kept the P/E from collapsing. If not, then existing shareholders may be very nervous about the viability of the share price.</p>
<div class="lb-trans"><p>由于近期盈利增长低于大多数其他公司，奇华顿的表现相对迟缓。许多人可能期望其乏善可陈的盈利表现会显著恢复，这使得市盈率没有崩溃。如果没有，那么现有股东可能会对股价的可持续性感到非常紧张。</p>
</div><p>Check out our latest analysis for Givaudan</p>
<div class="lb-trans"><p>查看我们对奇华顿的最新分析</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/1511174-pe-multiple-vs-industry-1-dark-2/1764302843199" alt="" original-src="https://images.simplywall.st/asset/chart/1511174-pe-multiple-vs-industry-1-dark-2/1764302843199"/></p>
<p>SWX:GIVN Price to Earnings Ratio vs Industry November 28th 2025</p>
<div class="lb-trans"><p>SWX:GIVN 市盈率与行业比较 2025 年 11 月 28 日</p>
</div><p>Keen to find out how analysts think Givaudan's future stacks up against the industry? In that case, our <strong>free</strong> report is a great place to start.</p>
<div class="lb-trans"><p>想知道分析师如何看待奇华顿的未来与行业的对比吗？在这种情况下，我们的 <strong>免费</strong> 报告是一个很好的起点。</p>
</div><h2>What Are Growth Metrics Telling Us About The High P/E?</h2>
<div class="lb-trans"><h2>增长指标告诉我们关于高市盈率的什么？</h2>
</div><p>Givaudan's P/E ratio would be typical for a company that's expected to deliver solid growth, and importantly, perform better than the market.</p>
<div class="lb-trans"><p>奇华顿的市盈率对于一家预计将实现稳健增长的公司来说是典型的，重要的是，它的表现应该优于市场。</p>
</div><p>Taking a look back first, we see that the company managed to grow earnings per share by a handy 6.0% last year. The latest three year period has also seen an excellent 40% overall rise in EPS, aided somewhat by its short-term performance. Therefore, it's fair to say the earnings growth recently has been superb for the company.</p>
<div class="lb-trans"><p>回顾过去，我们看到该公司去年每股收益增长了 6.0%。最近三年期间，每股收益整体增长了 40%，这在一定程度上得益于其短期表现。因此，可以公平地说，最近的盈利增长对公司来说是非常出色的。</p>
</div><p>Turning to the outlook, the next three years should generate growth of 5.2% per year as estimated by the analysts watching the company. Meanwhile, the rest of the market is forecast to expand by 12% per annum, which is noticeably more attractive.</p>
<div class="lb-trans"><p>展望未来，分析师预计接下来的三年将实现每年 5.2% 的增长。与此同时，市场的其他部分预计将以每年 12% 的速度扩张，这显然更具吸引力。</p>
</div><p>In light of this, it's alarming that Givaudan's P/E sits above the majority of other companies. Apparently many investors in the company are way more bullish than analysts indicate and aren't willing to let go of their stock at any price. There's a good chance these shareholders are setting themselves up for future disappointment if the P/E falls to levels more in line with the growth outlook.</p>
<div class="lb-trans"><p>考虑到这一点，奇华顿的市盈率高于大多数其他公司，这令人担忧。显然，许多投资者对该公司的看法远比分析师所表明的乐观，并且不愿意以任何价格出售他们的股票。如果市盈率降到与增长前景更为一致的水平，这些股东很可能会为未来的失望埋下伏笔。</p>
</div><h2>The Bottom Line On Givaudan's P/E</h2>
<div class="lb-trans"><h2>关于奇华顿市盈率的结论</h2>
</div><p>While the price-to-earnings ratio shouldn't be the defining factor in whether you buy a stock or not, it's quite a capable barometer of earnings expectations.</p>
<div class="lb-trans"><p>虽然市盈率不应成为您是否购买股票的决定性因素，但它确实是盈利预期的一个有效晴雨表。</p>
</div><p>Our examination of Givaudan's analyst forecasts revealed that its inferior earnings outlook isn't impacting its high P/E anywhere near as much as we would have predicted. Right now we are increasingly uncomfortable with the high P/E as the predicted future earnings aren't likely to support such positive sentiment for long. Unless these conditions improve markedly, it's very challenging to accept these prices as being reasonable.</p>
<div class="lb-trans"><p>我们对奇华顿分析师预测的审查显示，其较差的盈利前景并没有像我们预期的那样对其高市盈率产生太大影响。现在，我们对高市盈率越来越感到不安，因为预测的未来盈利不太可能长期支持如此积极的情绪。除非这些条件显著改善，否则很难接受这些价格是合理的。</p>
</div><p>It's always necessary to consider the ever-present spectre of investment risk. We've identified <strong>1 warning sign with Givaudan</strong>, and understanding should be part of your investment process.</p>
<div class="lb-trans"><p>始终需要考虑投资风险的潜在威胁。我们已识别出 <strong>奇华顿的 1 个警示信号</strong>，理解这一点应成为您投资过程的一部分。</p>
</div><p>If you're <strong>unsure about the strength of Givaudan's business</strong>, why not explore our interactive list of stocks with solid business fundamentals for some other companies you may have missed.</p>
<div class="lb-trans"><p>如果您对奇华顿的业务实力 <strong>不确定</strong>，为什么不探索我们互动的股票列表，寻找一些您可能错过的具有稳健商业基础的其他公司呢？</p>
</div>

增长乏力并未成为奇华顿 (ADR)（VTX:GIVN）股价的障碍