I was wondering what methods others here use for coming up with a valuation? 

Personally I have found dividend discount and discounted cash flow models difficult as you can get some pretty wild valuations depending on your risk premium. I do use Beta from CAPAM but only as a measure of systematic risk and not for valuation. What seems to work best for me is P/Expected earnings, P/BV ratios etc. But still at times they are way off. How do others approach this? I have seen broker notes where they use a 50% weighted DCF and ratio to come up with a price. Is that common? 

Thanks.