| 时间 | 沪深300 | 标普500 | ||||
| 预期股权回报 | 中国10年期国债收益率 | 股权风险溢价(ERP) | 预期股权回报 | 美国10年期国债收益率 | 股权风险溢价(ERP) | |
| 2004 | 19.477% | 4.73% | 14.747% | 7.87% | 4.22% | 3.65% |
| 2005 | 20.793% | 3.12% | 17.673% | 8.47% | 4.39% | 4.08% |
| 2006 | 10.647% | 3.03% | 7.617% | 8.86% | 4.70% | 4.16% |
| 2007 | 6.755% | 4.43% | 2.325% | 8.39% | 4.02% | 4.37% |
| 2008 | 9.207% | 2.75% | 6.457% | 8.64% | 2.21% | 6.43% |
| 2009 | 7.318% | 3.64% | 3.678% | 8.20% | 3.84% | 4.36% |
| 2010 | 7.975% | 3.88% | 4.095% | 8.49% | 3.29% | 5.20% |
| 2011 | 8.570% | 3.42% | 5.150% | 7.89% | 1.88% | 6.01% |
| 2012 | 8.320% | 3.57% | 4.750% | 7.54% | 1.76% | 5.78% |
| 2013 | 9.813% | 4.55% | 5.263% | 8.00% | 3.04% | 4.96% |
| 2014 | 7.310% | 3.62% | 3.690% | 7.95% | 2.17% | 5.78% |
| 2015 | 6.504% | 2.82% | 3.684% | 8.39% | 2.27% | 6.12% |
| 2016 | 7.158% | 3.01% | 4.148% | 8.14% | 2.45% | 5.69% |
| 2017 | 7.162% | 3.88% | 3.282% | 7.49% | 2.41% | 5.08% |
| 2018 | 7.427% | 3.23% | 4.197% | 8.64% | 2.68% | 5.96% |