The below table shows broadly which equity valuation multiples are used for certain sectors.
DY is dividend yield, FCFY is free cash flow yield, P/NAV is price to net asset value per share and P/TBV is price to tangible book value per share.
| DY | EV/EBITDA | FCFY | P/NAV | P/TBV | PE | |
|---|---|---|---|---|---|---|
| Banks | ✓ | ✓ | ||||
| Consumer | ✓ | ✓ | ✓ | |||
| House builders | ✓ | ✓ | ||||
| Industrials | ✓ | ✓ | ✓ | |||
| Media | ✓ | ✓ | ✓ | ✓ | ||
| Non-life insurers | ✓ | ✓ | ✓ | |||
| Resources | ✓ | ✓ | ✓ | |||
| Telecoms | ✓ | ✓ | ✓ | ✓ | ||
| Utilities | ✓ | ✓ | ✓ |