There have a lot ofvaluationmethods, which can bedivided into absoluteandrelativevaluationmethod , Absolutevaluation method is amoreextensiveapplication of valuation methods.
In particular, I mentioned that the absolutevaluation of emerging markets versus its own history looked cheap and the discount on forward earnings valuations had widened out between the developed world and the emerging world, and that both of those provided a really powerful valuation argument.