A Model Research on Fixing Share Price on the Ground of Efficient Market Hypothesis

The efficient market hypothesis aims at reflecting accounting information through share price, the difference of markets effectiveness reflects the difference of the information volume of the share price. But the internal value has been paid more attention due to theabnomial phenomenon emerged in stock market, the M/BV provides the investors with a method of estimating the stock' s internal value, the difference between stock' s internal value and the value of stock market price would be more valuable in improving the ongoing accountant regulations and information announcing system.