Problem: What are the disadvantages of relative valuation (i.e. using comparable firms) to estimate the value of a company? (Select all correct answers.) Group of answer choices Relative valuations are unreliable for conglomerate companies operating across different industries Relative valuation gives unreliable estimates when the peer firms are thinly traded The required data for the comparable firms can be hard to find It is hard to explain valuations to market participants Relative valuation can be influenced by temporary market conditions or non-fundamental factors It can be difficult to indentify appropriate comparable firms