Industry Name Number of Firms Beta ROE Cost of Equity (ROE - COE) BV of Equity Equity EVA ROC Cost of Capital (ROC - WACC) BV of Capital EVA E/(D+E) Std Dev in Stock Cost of Debt Tax Rate After-tax Cost of Debt D/(D+E)
Advertising 41 1.36 -1.06% 10.21% -11.26%  $1,276.43  $(143.78) 96.70% 7.29% 89.41%  $3,684.56  $3,294.20 62.53% 72.80% 4.05% 5.10% 2.43% 37.47%
Aerospace/Defense 96 1.07 24.21% 8.56% 15.65%  $114,756.26  $17,959.44 32.63% 8.77% 23.86%  $119,860.58  $28,600.99 81.18% 40.75% 3.70% 10.86% 3.30% 18.82%
Air Transport 18 1.12 41.28% 8.83% 32.45%  $42,075.24  $13,651.64 20.98% 6.45% 14.53%  $103,509.87  $15,042.98 61.10% 38.61% 3.50% 22.99% 2.70% 38.90%
Apparel 58 0.88 14.39% 7.46% 6.93%  $26,593.81  $1,841.80 16.64% 6.46% 10.18%  $39,210.10  $3,991.24 75.96% 47.15% 3.70% 10.95% 3.29% 24.04%
Auto & Truck 15 0.85 31.51% 7.26% 24.25%  $67,269.26  $16,312.33 5.90% 4.83% 1.07%  $283,819.97  $3,042.87 39.98% 29.21% 3.50% 8.14% 3.22% 60.02%
Auto Parts 63 1.12 20.38% 8.84% 11.54%  $19,100.62  $2,203.70 21.61% 7.49% 14.11%  $31,294.25  $4,416.86 74.21% 50.64% 4.05% 10.40% 3.63% 25.79%
Banks (Money Center) 10 0.86 9.46% 7.34% 2.12%  $879,336.20  $18,607.57 0.03% 4.20% -4.17%  $2,498,511.53  $(104,211.69) 34.80% 25.85% 3.50% 27.90% 2.52% 65.20%
Banks (Regional) 645 0.47 9.03% 5.14% 3.89%  $379,681.15  $14,787.17 0.06% 4.09% -4.03%  $569,630.99  $(22,941.15) 62.51% 22.84% 3.15% 25.43% 2.35% 37.49%
Beverage (Alcoholic) 25 0.79 18.57% 6.96% 11.60%  $15,710.21  $1,823.09 18.12% 6.14% 11.98%  $18,294.55  $2,191.61 77.59% 44.18% 3.70% 10.86% 3.30% 22.41%
Beverage (Soft) 36 0.91 32.48% 7.64% 24.84%  $47,621.68  $11,831.30 25.57% 6.89% 18.69%  $84,244.49  $15,743.19 80.40% 52.80% 4.05% 5.87% 3.81% 19.60%
Broadcasting 30 1.22 25.85% 9.39% 16.45%  $13,459.38  $2,214.51 20.23% 6.29% 13.94%  $43,855.89  $6,114.68 51.36% 41.01% 3.70% 18.54% 3.01% 48.64%
Brokerage & Investment Banking 45 1.08 8.48% 8.58% -0.10%  $183,240.94  $(175.09) 0.04% 4.82% -4.78%  $807,800.29  $(38,597.77) 30.17% 44.96% 3.70% 13.59% 3.20% 69.83%
Building Materials 41 1.01 25.65% 8.18% 17.47%  $15,534.72  $2,714.12 18.73% 7.02% 11.70%  $25,402.68  $2,973.04 78.97% 33.77% 3.50% 23.39% 2.68% 21.03%
Business & Consumer Services 165 1.07 14.54% 8.54% 6.00%  $35,735.57  $2,144.51 25.43% 7.19% 18.24%  $41,686.32  $7,602.32 74.58% 44.71% 3.70% 12.61% 3.23% 25.42%
Cable TV 14 1.12 25.41% 8.80% 16.61%  $57,112.88  $9,486.08 14.86% 6.82% 8.03%  $128,992.30  $10,360.79 67.12% 30.78% 3.50% 20.28% 2.79% 32.88%
Chemical (Basic) 45 1.00 8.84% 8.15% 0.69%  $10,113.50  $69.46 15.52% 6.54% 8.97%  $17,447.50  $1,565.86 63.50% 59.91% 4.05% 7.71% 3.74% 36.50%
Chemical (Diversified) 8 1.52 30.24% 11.09% 19.15%  $37,076.35  $7,100.90 16.06% 9.12% 6.94%  $69,747.77  $4,843.15 74.12% 45.48% 3.70% 6.59% 3.46% 25.88%
Chemical (Specialty) 100 1.20 11.26% 9.27% 1.99%  $65,579.87  $1,307.31 17.49% 7.91% 9.58%  $103,512.44  $9,912.79 77.16% 45.44% 3.70% 9.58% 3.35% 22.84%
Coal & Related Energy 38 1.36 -33.82% 10.21% -44.03%  $9,470.56  $(4,170.06) -7.99% 6.63% -14.62%  $31,413.17  $(4,592.20) 42.03% 73.31% 4.05% 0.48% 4.03% 57.97%
Computer Services 117 0.99 30.69% 8.06% 22.64%  $54,495.42  $12,336.46 30.83% 7.02% 23.81%  $70,996.49  $16,907.11 78.29% 45.57% 3.70% 11.18% 3.29% 21.71%
Computers/Peripherals 55 1.06 25.00% 8.46% 16.54%  $200,359.68  $33,141.90 24.70% 7.71% 16.99%  $269,143.99  $45,731.05 83.82% 60.29% 4.05% 5.68% 3.82% 16.18%
Construction Supplies 51 1.31 10.63% 9.93% 0.70%  $52,656.46  $366.57 9.61% 7.83% 1.78%  $108,332.78  $1,924.91 70.32% 38.87% 3.50% 18.44% 2.85% 29.68%
Diversified 24 0.76 10.52% 6.80% 3.72%  $415,970.88  $15,485.80 8.19% 5.75% 2.45%  $659,998.87  $16,168.69 73.71% 23.28% 3.15% 11.55% 2.79% 26.29%
Drugs (Biotechnology) 426 1.40 16.78% 10.43% 6.35%  $116,053.26  $7,369.89 15.54% 9.57% 5.96%  $251,384.10  $14,987.04 83.86% 75.23% 5.20% 1.44% 5.12% 16.14%
Drugs (Pharmaceutical) 164 1.02 13.91% 8.23% 5.68%  $223,948.79  $12,725.21 16.66% 7.69% 8.98%  $315,702.16  $28,335.02 87.36% 67.61% 4.05% 2.54% 3.95% 12.64%
Education 36 1.23 3.10% 9.42% -6.32%  $10,128.73  $(639.93) 14.32% 8.10% 6.23%  $8,802.50  $548.23 76.95% 51.51% 4.05% 9.29% 3.67% 23.05%
Electrical Equipment 119 1.14 14.25% 8.96% 5.30%  $26,309.34  $1,394.10 21.99% 8.14% 13.85%  $29,254.91  $4,051.34 84.09% 54.63% 4.05% 5.87% 3.81% 15.91%
Electronics (Consumer & Office) 24 1.08 -4.36% 8.61% -12.97%  $3,769.10  $(488.85) 6.28% 7.88% -1.60%  $5,339.59  $(85.47) 84.47% 66.94% 4.05% 3.81% 3.90% 15.53%
Electronics (General) 164 0.86 9.22% 7.37% 1.85%  $55,660.78  $1,030.91 10.95% 6.77% 4.18%  $64,352.62  $2,690.89 85.08% 48.91% 3.70% 8.85% 3.37% 14.92%
Engineering/Construction 48 1.18 2.11% 9.17% -7.06%  $29,040.39  $(2,049.79) 16.66% 7.74% 8.92%  $22,614.11  $2,016.97 76.31% 44.23% 3.70% 15.15% 3.14% 23.69%
Entertainment 79 1.20 19.56% 9.29% 10.27%  $95,095.61  $9,767.16 34.83% 7.95% 26.88%  $87,811.06  $23,603.26 76.93% 44.71% 3.70% 5.50% 3.50% 23.07%
Environmental & Waste Services 89 0.85 9.84% 7.30% 2.54%  $21,877.41  $555.74 21.24% 6.34% 14.90%  $25,349.98  $3,775.91 72.26% 57.94% 4.05% 5.07% 3.84% 27.74%
Farming/Agriculture 37 0.92 11.57% 7.68% 3.89%  $43,071.60  $1,676.10 6.83% 6.08% 0.74%  $96,768.63  $718.12 62.64% 41.14% 3.70% 7.89% 3.41% 37.36%
Financial Svcs. (Non-bank & Insurance) 258 0.65 -0.10% 6.17% -6.28%  $26,313.23  $(1,651.56) 0.21% 3.05% -2.84%  $5,807,302.85  $(164,648.88) 8.17% 29.20% 3.50% 20.80% 2.77% 91.83%
Food Processing 87 0.75 10.91% 6.74% 4.17%  $147,442.56  $6,153.14 19.70% 5.95% 13.75%  $142,455.85  $19,591.32 78.97% 30.98% 3.50% 14.66% 2.99% 21.03%
Food Wholesalers 16 1.20 12.37% 9.30% 3.07%  $10,889.53  $334.54 20.63% 7.79% 12.84%  $14,628.77  $1,878.11 73.60% 52.66% 4.05% 11.77% 3.57% 26.40%
Furn/Home Furnishings 30 0.84 18.61% 7.20% 11.41%  $14,245.56  $1,624.91 18.71% 6.31% 12.40%  $20,462.77  $2,536.72 77.93% 42.94% 3.70% 14.58% 3.16% 22.07%
Green & Renewable Energy 25 1.14 -5.99% 8.94% -14.92%  $4,223.72  $(630.34) 4.35% 5.53% -1.18%  $10,928.73  $(129.10) 36.89% 47.60% 3.70% 4.25% 3.54% 63.11%
Healthcare Products 254 1.04 11.90% 8.35% 3.56%  $128,620.98  $4,574.33 16.70% 7.66% 9.04%  $143,872.03  $13,003.05 84.89% 56.59% 4.05% 6.12% 3.80% 15.11%
Healthcare Support Services 121 0.94 16.46% 7.79% 8.67%  $161,547.31  $14,001.99 43.10% 6.75% 36.35%  $107,095.88  $38,927.78 75.90% 50.06% 4.05% 14.31% 3.47% 24.10%
Heathcare Information and Technology 125 0.95 10.83% 7.86% 2.97%  $50,287.91  $1,493.50 16.27% 7.17% 9.09%  $54,726.61  $4,977.35 83.07% 52.46% 4.05% 6.32% 3.79% 16.93%
Homebuilding 33 1.08 13.12% 8.58% 4.54%  $38,375.24  $1,742.61 8.74% 6.18% 2.56%  $68,235.20  $1,750.15 60.20% 33.76% 3.50% 27.28% 2.55% 39.80%
Hospitals/Healthcare Facilities 38 1.10 4.97% 8.70% -3.73%  $14,158.21  $(527.81) 14.66% 5.30% 9.36%  $82,775.03  $7,744.69 37.60% 44.67% 3.70% 12.06% 3.25% 62.40%
Hotel/Gaming 69 0.96 12.73% 7.92% 4.82%  $63,718.97  $3,069.53 11.09% 6.22% 4.87%  $148,984.11  $7,253.00 64.74% 39.32% 3.50% 11.23% 3.11% 35.26%
Household Products 129 0.80 22.77% 6.98% 15.79%  $76,228.61  $12,035.18 31.72% 6.41% 25.31%  $90,035.68  $22,785.60 82.69% 50.91% 4.05% 9.05% 3.68% 17.31%
Information Services 64 0.98 20.36% 8.03% 12.33%  $97,297.37  $11,994.15 37.12% 7.17% 29.95%  $81,331.36  $24,355.02 83.14% 36.65% 3.50% 16.37% 2.93% 16.86%
Insurance (General) 19 0.90 3.39% 7.60% -4.21%  $167,045.50  $(7,029.04) 4.47% 6.28% -1.82%  $205,968.39  $(3,740.64) 72.25% 30.38% 3.50% 18.33% 2.86% 27.75%
Insurance (Life) 22 1.03 8.06% 8.34% -0.28%  $194,152.50  $(542.27) 7.32% 5.99% 1.32%  $281,296.24  $3,726.72 58.45% 27.80% 3.50% 22.91% 2.70% 41.55%
Insurance (Prop/Cas.) 50 0.83 9.94% 7.17% 2.77%  $120,161.80  $3,323.20 9.48% 6.13% 3.36%  $156,658.35  $5,257.31 76.50% 25.41% 3.50% 22.27% 2.72% 23.50%
Investments & Asset Management 156 0.90 10.85% 7.55% 3.30%  $171,448.28  $5,656.55 6.02% 5.91% 0.11%  $284,552.33  $319.76 62.12% 34.30% 3.50% 7.71% 3.23% 37.88%
Machinery 127 1.06 13.18% 8.49% 4.69%  $65,387.27  $3,063.76 24.19% 7.54% 16.65%  $63,682.29  $10,602.86 82.31% 38.59% 3.50% 11.73% 3.09% 17.69%
Metals & Mining 97 1.30 -43.33% 9.87% -53.20%  $21,500.19  $(11,437.35) 3.79% 8.26% -4.46%  $49,841.91  $(2,224.33) 65.90% 77.36% 5.20% 1.16% 5.14% 34.10%
Office Equipment & Services 24 1.49 25.15% 10.93% 14.22%  $4,800.90  $682.84 23.61% 8.14% 15.47%  $9,196.03  $1,422.54 65.23% 33.85% 3.50% 16.68% 2.92% 34.77%
Oil/Gas (Integrated) 7 1.08 0.49% 8.60% -8.11%  $357,493.90  $(28,989.34) -2.14% 7.89% -10.03%  $425,082.18  $(42,624.42) 85.69% 46.30% 3.70% 1.14% 3.66% 14.31%
Oil/Gas (Production and Exploration) 330 1.38 -39.05% 10.29% -49.33%  $283,687.57  $(139,951.35) -7.13% 8.66% -15.80%  $517,297.79  $(81,709.33) 68.18% 75.08% 5.20% 0.32% 5.18% 31.82%
Oil/Gas Distribution 78 1.20 1.92% 9.25% -7.33%  $216,563.88  $(15,870.76) 7.49% 6.80% 0.70%  $482,000.75  $3,363.52 56.62% 45.13% 3.70% 2.93% 3.59% 43.38%
Oilfield Svcs/Equip. 148 1.37 -8.40% 10.22% -18.63%  $212,069.06  $(39,498.34) 4.63% 8.68% -4.05%  $247,904.69  $(10,039.58) 75.75% 60.50% 4.05% 4.11% 3.88% 24.25%
Packaging & Container 26 0.84 14.71% 7.22% 7.49%  $28,233.66  $2,113.40 15.00% 5.59% 9.42%  $56,420.58  $5,313.64 64.27% 29.58% 3.50% 24.47% 2.64% 35.73%
Paper/Forest Products 23 1.12 29.90% 8.81% 21.09%  $6,336.08  $1,336.20 7.56% 6.91% 0.65%  $12,923.65  $84.00 67.26% 38.67% 3.50% 14.46% 2.99% 32.74%
Power 68 0.54 4.37% 5.55% -1.18%  $283,132.95  $(3,338.21) 7.52% 4.15% 3.36%  $621,478.71  $20,899.82 53.65% 24.11% 3.15% 19.27% 2.54% 46.35%
Precious Metals 109 1.25 -9.47% 9.57% -19.04%  $21,098.67  $(4,017.71) 6.44% 8.70% -2.26%  $26,416.37  $(597.07) 80.61% 78.31% 5.20% 1.84% 5.10% 19.39%
Publishing & Newspapers 37 1.32 3.74% 9.96% -6.23%  $22,272.84  $(1,386.58) 14.44% 7.56% 6.88%  $22,523.89  $1,549.87 64.66% 48.08% 3.70% 14.32% 3.17% 35.34%
R.E.I.T. 238 0.72 8.56% 6.57% 1.98%  $416,128.28  $8,253.66 3.24% 5.05% -1.81%  $1,179,517.71  $(21,290.55) 56.09% 24.67% 3.15% 1.72% 3.10% 43.91%
Real Estate (Development) 18 0.68 9.17% 6.34% 2.83%  $4,195.77  $118.78 1.80% 5.26% -3.46%  $7,123.32  $(246.29) 62.76% 39.45% 3.50% 1.97% 3.43% 37.24%
Real Estate (General/Diversified) 11 1.27 1.85% 9.68% -7.83%  $2,426.84  $(189.97) 5.19% 8.32% -3.13%  $3,442.83  $(107.60) 80.54% 24.99% 3.15% 15.32% 2.67% 19.46%
Real Estate (Operations & Services) 54 0.99 11.25% 8.09% 3.15%  $10,060.88  $317.24 11.99% 6.21% 5.78%  $17,946.19  $1,038.02 57.16% 50.15% 4.05% 8.78% 3.69% 42.84%
Recreation 66 0.92 18.30% 7.69% 10.61%  $14,137.52  $1,500.37 17.09% 6.65% 10.44%  $24,464.74  $2,555.06 76.71% 46.01% 3.70% 13.21% 3.21% 23.29%
Reinsurance 3 0.75 9.41% 6.70% 2.71%  $13,697.34  $371.24 9.24% 5.69% 3.55%  $17,207.87  $610.69 75.74% 21.23% 3.15% 19.33% 2.54% 24.26%
Restaurant/Dining 86 0.77 39.80% 6.82% 32.98%  $30,780.94  $10,151.00 19.36% 5.88% 13.48%  $86,358.21  $11,643.43 75.79% 39.10% 3.50% 16.47% 2.92% 24.21%
Retail (Automotive) 25 0.91 35.64% 7.65% 28.00%  $15,258.37  $4,271.98 12.55% 5.86% 6.68%  $56,226.60  $3,758.62 63.90% 28.30% 3.50% 22.58% 2.71% 36.10%
Retail (Building Supply) 6 1.30 59.16% 9.84% 49.32%  $16,826.50  $8,299.60 27.73% 8.63% 19.10%  $52,623.92  $10,048.88 82.86% 39.62% 3.50% 20.11% 2.80% 17.14%
Retail (Distributors) 88 1.10 13.95% 8.74% 5.22%  $34,863.75  $1,819.71 13.25% 6.70% 6.55%  $74,239.56  $4,861.61 64.05% 40.48% 3.70% 16.95% 3.07% 35.95%
Retail (General) 19 1.05 16.91% 8.42% 8.49%  $128,464.31  $10,907.41 13.02% 6.93% 6.09%  $230,304.07  $14,021.55 73.25% 40.00% 3.70% 22.22% 2.88% 26.75%
Retail (Grocery and Food) 14 0.69 23.74% 6.38% 17.36%  $13,564.12  $2,354.97 10.58% 4.99% 5.60%  $36,886.38  $2,065.41 62.61% 35.13% 3.50% 24.11% 2.66% 37.39%
Retail (Online) 57 1.23 15.04% 9.43% 5.61%  $37,741.51  $2,116.07 18.98% 8.92% 10.06%  $51,563.34  $5,189.09 91.47% 48.86% 3.70% 8.46% 3.39% 8.53%
Retail (Special Lines) 108 1.02 15.51% 8.27% 7.24%  $129,995.81  $9,411.02 15.12% 6.58% 8.54%  $232,787.30  $19,883.90 68.48% 42.19% 3.70% 21.29% 2.91% 31.52%
Rubber& Tires 4 1.35 10.76% 10.11% 0.65%  $5,083.62  $33.20 18.18% 7.43% 10.75%  $10,906.29  $1,172.63 58.62% 63.88% 4.05% 10.09% 3.64% 41.38%
Semiconductor 80 1.20 14.24% 9.25% 4.99%  $163,549.75  $8,161.85 12.96% 8.53% 4.42%  $254,944.05  $11,272.60 87.73% 42.08% 3.70% 7.71% 3.41% 12.27%
Semiconductor Equip 45 1.10 15.32% 8.69% 6.62%  $25,013.06  $1,656.27 15.95% 7.91% 8.04%  $33,323.67  $2,680.25 86.00% 38.24% 3.50% 11.13% 3.11% 14.00%
Shipbuilding & Marine 11 1.20 -6.56% 9.29% -15.85%  $5,647.63  $(895.13) 4.60% 7.51% -2.90%  $7,820.04  $(226.91) 67.75% 73.54% 4.05% 7.30% 3.75% 32.25%
Shoe 10 0.85 24.95% 7.30% 17.65%  $17,810.32  $3,143.37 24.01% 6.93% 17.08%  $19,740.49  $3,371.19 91.52% 37.21% 3.50% 14.47% 2.99% 8.48%
Software (Entertainment) 13 0.98 13.95% 8.03% 5.92%  $13,654.51  $808.75 26.42% 7.48% 18.94%  $9,138.49  $1,731.04 87.29% 48.14% 3.70% 1.04% 3.66% 12.71%
Software (Internet) 297 1.13 9.62% 8.90% 0.72%  $218,295.42  $1,574.40 15.39% 8.71% 6.68%  $241,289.00  $16,125.80 96.14% 55.85% 4.05% 3.49% 3.91% 3.86%
Software (System & Application) 236 1.13 15.00% 8.86% 6.15%  $196,021.39  $12,052.73 15.55% 7.92% 7.64%  $267,236.30  $20,409.01 82.48% 47.40% 3.70% 5.67% 3.49% 17.52%
Steel 38 1.60 -17.15% 11.55% -28.71%  $25,756.68  $(7,393.67) 1.11% 9.03% -7.92%  $44,795.04  $(3,547.14) 67.77% 54.19% 4.05% 7.94% 3.73% 32.23%
Telecom (Wireless) 17 1.12 -3.91% 8.80% -12.71%  $47,373.18  $(6,020.16) 3.63% 5.89% -2.27%  $118,500.46  $(2,686.65) 48.30% 37.67% 3.50% 9.11% 3.18% 51.70%
Telecom. Equipment 107 0.99 14.19% 8.08% 6.12%  $93,757.26  $5,735.24 15.71% 7.17% 8.54%  $124,500.25  $10,629.10 80.44% 49.24% 3.70% 6.14% 3.47% 19.56%
Telecom. Services 67 1.04 19.89% 8.38% 11.51%  $166,006.62  $19,100.79 16.78% 6.36% 10.42%  $343,820.71  $35,828.50 60.94% 47.21% 3.70% 13.36% 3.21% 39.06%
Tobacco 22 1.28 -14.86% 9.73% -24.59%  $8,840.55  $(2,173.79) 61.13% 8.85% 52.29%  $38,150.43  $19,948.28 85.37% 61.73% 4.05% 8.84% 3.69% 14.63%
Transportation 17 1.01 30.14% 8.22% 21.92%  $26,394.77  $5,786.85 26.88% 6.99% 19.89%  $49,600.18  $9,865.40 76.96% 32.72% 3.50% 17.46% 2.89% 23.04%
Transportation (Railroads) 7 0.79 16.27% 6.92% 9.35%  $50,681.16  $4,737.36 12.82% 6.02% 6.80%  $89,102.62  $6,054.54 78.53% 27.05% 3.50% 22.17% 2.72% 21.47%
Trucking 30 1.21 15.68% 9.31% 6.37%  $15,793.14  $1,006.71 8.07% 6.19% 1.88%  $56,408.94  $1,063.10 52.72% 42.01% 3.70% 26.74% 2.71% 47.28%
Utility (General) 18 0.38 9.57% 4.59% 4.98%  $104,486.40  $5,205.29 6.85% 3.68% 3.17%  $229,379.93  $7,274.76 59.46% 19.32% 3.15% 25.62% 2.34% 40.54%
Utility (Water) 22 0.65 9.18% 6.14% 3.03%  $8,944.55  $271.33 8.78% 5.22% 3.56%  $18,096.18  $644.42 69.77% 27.03% 3.50% 11.97% 3.08% 30.23%
Total Market 7330 1.00 10.38% 8.15% 2.23%  $8,439,168.25  $188,481.80 6.32% 6.20% 0.12%  $21,301,295.13  $24,604.21 59.83% 45.04% 3.70% 10.44% 3.31% 40.17%
Total Market (without financials) 6125 1.08 10.26% 8.57% 1.70%  $6,317,788.65  $107,158.73 12.09% 7.23% 4.86%  $10,689,574.17  $520,024.01 74.12% 48.61% 3.70% 8.27% 3.39% 25.88%