The Housing Bank for Trade & Finance (AMM:THBK) GF Value Rank : 9 (As of Jun. 20, 2024)

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What is The Housing Bank for Trade & Finance GF Value Rank?

The Housing Bank for Trade & Finance has the GF Value Rank of 9.

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 The Housing Bank for Trade & Finance's GF Value Rank

For the Banks - Regional subindustry, The Housing Bank for Trade & Finance'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.

The Housing Bank for Trade & Finance's GF Value Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, The Housing Bank for Trade & Finance's GF Value Rank distribution charts can be found below:

* The bar in red indicates where The Housing Bank for Trade & Finance's GF Value Rank falls into.

The Housing Bank for Trade & Finance GF Value Rank Related Terms

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The Housing Bank for Trade & Finance (AMM:THBK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » The Housing Bank for Trade & Finance (AMM:THBK) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al-Shumaysani-Prince Shaker Bin Zaid Street, P.O. Box 7693, Building No. 37, Amman, JOR, 11118

Website

https://www.hbtf.com

The Housing Bank for Trade & Finance is a commercial banking setup based predominantly in Jordan. The company's operating segment include Retail Banking; Corporate; Corporate Finance; Treasury and Others. Retail Banking segment includes following up on deposits of individual customers and small businesses and granting them loans, debts, credit cards, and other services. Its Corporate segment includes following up on deposits, credit facilities and other banking services for institutional and corporate clients. Corporate Finance segment relates to arranging structured finance and providing services relating to privatizations, IPO's, mergers, and acquisitions. Treasury segment includes providing trading and treasury services and management of the Bank's funds in money and capital markets.

The Housing Bank for Trade & Finance (AMM:THBK) Headlines

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