From the heterogeneity analysis of industry, we try to analyze the different sectors in the economic structure, economic cycles, element intensive degree, capital structure. The purpose is to explain the fact that the heterogeneity of the industry will lead to the value multiplier asymmetry. In order to explore the applicability of different values multiplier in different industries and find the two way matching relationship between different industries and value multiplier. In empirical part, we select mining, construction, transportation, and information technology industry as a research object in according to element intensive. According to empirical results for different types of industries, determine the value of the multiplier selection criteria, selection of priority and the industry multiplier further.