Kasikornbank Public Co (Kasikornbank Public Co) GF Value Rank : 10 (As of Apr. 28, 2024)

View and export this data going back to . Start your Free Trial

What is Kasikornbank Public Co GF Value Rank?

Kasikornbank Public Co has the GF Value Rank of 10.

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 Kasikornbank Public Co's GF Value Rank

For the Banks - Regional subindustry, Kasikornbank Public 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.

Kasikornbank Public Co's GF Value Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Kasikornbank Public Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Kasikornbank Public Co's GF Value Rank falls into.

Kasikornbank Public Co GF Value Rank Related Terms

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

Kasikornbank Public Co (Kasikornbank Public Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Kasikornbank Public Co Ltd (OTCPK:KPCUF) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

KPCPY:USA KPCPF:USA KBANK-F:Thailand KBANK:Thailand TFBF:Germany

Address

400/22 Phahon Yothin Road, Sam Sen Nai Sub-District, Phaya Thai District, Bangkok, THA, 10400

Website

https://www.kasikornbank.com

Kasikornbank Public Co Ltd is a commercial bank operating in Thailand. The corporate business' customers include public and private companies, government-backed enterprises or agencies, and financial institutions. The corporate business provides a variety of financial products and services such as loans, working capital, cash management, and value chain solutions. The retail business focuses on individual customers and offers loans and deposits, debit and credit cards, financial planning, and transactional banking services. The treasury and capital markets business includes funding, risk management, and foreign currency exchange services. The Muang Thai Group Holding business offers insurance and brokerage services.

Kasikornbank Public Co (Kasikornbank Public Co) Headlines

From GuruFocus

Brandes Funds Comments on Kasikornbank

By Holly LaFon Holly LaFon • 08-24-2016

Ken Fisher for Forbes - 'Bet On The Bulls, Not The Sheep'

By Holly LaFon Holly LaFon • 07-06-2015

Dividend Analysis: Kasikornbank Public Co Ltd's Upcoming Dividend and Its Sustainability

By GuruFocus Research • 09-12-2023