It measures the profitability of a project by comparing the value of a dollar today to the value of that same dollar in the future, taking inflation and returns into account.

它通过比较一美元在今天的价值与其在未来的价值——考虑到通货膨胀和收益——来度量项目的盈利性。

youdao

The value of any share of stock ultimately rests on the present value of the company's future cash flows.

任何股票的价值最终取决于公司未来现金流的当前价值。

youdao

Just as the worth of a share is determined by the present value of future earnings, house prices should reflect the expected value of benefits that come from home ownership.

股票价格由未来收益的现价决定，房价也同样应该反应业主对收益的期待价值。

youdao

Just as the best way to view equities is as the discounted value of future cashflows, the best way to view property is as the discounted value of future rents.

ECONOMIST: Buttonwood

It states that the value of any investment is the present value of all future cash flows discounted by a risk factor.

FORBES: Value Stocks and Dividends

The fundamental value of any stock is the discounted value of the future dividends.

FORBES: Why I Don't Care What Apple Is Worth