Jiangsu Changshu Automotive Trim Group Co (SHSE:603035) GF Value Rank : 4 (As of May. 25, 2024)

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What is Jiangsu Changshu Automotive Trim Group Co GF Value Rank?

Jiangsu Changshu Automotive Trim Group Co has the GF Value Rank of 4.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of Jiangsu Changshu Automotive Trim Group Co's GF Value Rank

For the Auto Parts subindustry, Jiangsu Changshu Automotive Trim Group Co's GF Value Rank, along with its competitors' market caps and GF Value Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Jiangsu Changshu Automotive Trim Group Co's GF Value Rank Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Jiangsu Changshu Automotive Trim Group Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Jiangsu Changshu Automotive Trim Group Co's GF Value Rank falls into.

Jiangsu Changshu Automotive Trim Group Co GF Value Rank Related Terms

Thank you for viewing the detailed overview of Jiangsu Changshu Automotive Trim Group Co's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Jiangsu Changshu Automotive Trim Group Co (SHSE:603035) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Jiangsu Changshu Automotive Trim Group Co Ltd (SHSE:603035) » Definitions » GF Value Rank

Traded in Other Exchanges

N/A

Address

No. 288, North Haiyu Road, Jiangsu Province, Suzhou, Changshu, CHN, 215500

Website

http://www.caip.com.cn

Jiangsu Changshu Automotive Trim Group Co Ltd manufactures auto components. Its products include instrument panels, centre consoles, door panel systems, pillars and sills, other interior and exterior components. Geographically, the activities are carried out through China.

Executives

Luo Xiao Chun	Director
Zhang Sheng	Supervisors
Wang Jie	Supervisors
Wang Wei Qing	senior management
Luo Xi Fang	senior management
Tao Jian Bing	Director
Sun Feng	senior management
Tang Wen Hua	Supervisors
Wu Hai Jiang	Director

Jiangsu Changshu Automotive Trim Group Co (SHSE:603035) Headlines

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