“Халқаро молия ва ҳисоб” илмий журнали. №2, апрель, 2021 йил. Issn: 2181-1016

Tayanch soʻzlar: 
aksiya, baholash, multiplikator koʻrsatkichlari, daromad yondashuv, 
xarajat yondashuv, qiyosiy yondashuv.


 
PhD, associate prof. Dinara Abdikarimova 
Tashkent Institute of Finance 
 
METHODOLOGY AND ANALYSIS OF STOCK
PRICE VALUATION 
 
Abstract. 
This article studies the approaches of economists to the essence and methods 
of stock price valuation. The need to evaluate the value of stocks and its importance for investors 
in the stock market is discussed. Different classifications and peculiarities of stock valuation 
methods have been studied on the basis of foreign sources. It also analyzes foreign experience by 
analyzing the methods used by companies listed on the Warsaw Stock Exchange to evaluate the 
value of stocks. In addition, the main multiples used in the valuation of stocks are covered. 
Practical calculations are made using different approaches to calculating the value of a stock. 
Through research on stock valuation practices, scientific conclusions and practical 
recommendations are given in the article. 
Keywords: 
stock, valuation, multiples, income approach, cost approach, comparative 
approach
.
 
Kirish 
Mamlakatimizda fond bozorini rivojlantirish tobora dolzarblik kasb 
etmoqda. Fond bozorini rivojlantirishni aksiyadorlik jamiyatlarining faolligisiz 
amalga oshirib boʻlmaydi. Bunda aksiyadorlik jamiyatlari aksiyalarining qiymatini 
baholash orqali investorlarni jalb qilish imkoni yuzaga keladi. Shu sababli “... 
investorlar va minoritar aksiyadorlar huquqi himoyasini kuchaytirish, dividendlar 
toʻlash va undirishni takomillashtirish zarur” [1]. 
Mulkning boshqa har qanday obyekti singari aksiyalarning qiymatini 
aniqlash ham ma’lum bir bozorda muayyan vaqtda unga ta’sir etuvchi omillarni 
inobatga olgan holda pul qiymatida obyekt qiymatini aniqlash uchun maqsadli va 

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