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1. Do you forecast your company's P/E or stock on a formal, regular basis?
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 | ( 40% ) |
| | No | | ( 20% ) |
| | Yes - Monthly | | ( 20% ) |
| | Yes - Quarterly | | ( 20% ) |
| | Yes - Yearly |
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2. What technique is your primary technique for forecasting your stock price?
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Price to Earnings (a multiple of earnings)
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| ( 60% ) |
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| ( 100% ) |
| | Both Historical & Future |
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Price to Cash Flow (a multiple of cash flow)
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Price to Book Value (a multiple of revenues)
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| ( 20% ) |
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| ( 100% ) |
| | Both Historical & Future |
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Price to Sales (a multiple of sales)
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| ( 20% ) |
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| ( 100% ) |
| | Future |
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Relative P/E
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Dividend Discount Rate Model
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Capital Asset Pricing Model
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Other
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Not Applicable
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3. Do you calculate your Cost of Equity or use an external source to determine it?
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| ( 40% ) |
| | We calculate it | | ( 20% ) |
| | We use external source | | ( 20% ) |
| | Both | | ( 20% ) |
| | Neither |
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4. How often do you formally update your Cost of Equity Capital?
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| ( 80% ) |
| | As needed | | ( 20% ) |
| | We do not update |
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5. What is your primary technique for calculating your COEC?
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| ( 40% ) |
| | Average historical rates of return on common stock | | ( 40% ) |
| | Capital Asset Pricing Model (CAPM, the Beta approach) | | ( 20% ) |
| | Capital Asset Pricing Model (CAPM-style, but using multiple risk factors) |
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6. Do you proactively use P/E modeling/valuing in any of the following treasury functions?
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| ( 25% ) |
| | Timing of Stock Splits | | ( 75% ) |
| | Timing of Share Repurchases |
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Do you make different decisions if your stock is "overvalued" or "undervalued"?
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| ( 60% ) |
| | Yes | | ( 40% ) |
| | No |
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