• What is involved in a macroanalysis of the industry earnings multiplier?
• What are the steps in the microanalysis of an industry earnings multiplier?
• How do you determine if an industry's estimated multiplier is relatively high or low?
• How do analysts compare relative valuation ratios such as P/BV, P/CF, and P/S to comparable market ratios?
• How do industries differ in terms of what dictates their return on assets?
• What are some of the unique factors that must be considered in global industry analysis?