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PSP Specialties PCL (BKK:PSP) GF Value Rank : 0 (As of May. 28, 2024)


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What is PSP Specialties PCL GF Value Rank?

PSP Specialties PCL has the GF Value Rank of 0.

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.

PSP Specialties PCL GF Value Rank Related Terms

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PSP Specialties PCL (BKK:PSP) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » PSP Specialties PCL (BKK:PSP) » Definitions » GF Value Rank
Comparable Companies
BKK:SPG BKK:GIFT BKK:TEGH BKK:SWC BKK:GC BKK:CMAN BKK:NER BKK:TMW BKK:NTSC BKK:BIOTEC LIN XPAR:AI APD SHW ECL XSWX:SIKA SHSE:600309 BOM:500820 DD XSWX:GIVN
Traded in Other Exchanges
N/A
Address
1 Boromrachachonanee Road, Arun-Amarin, Bangkoknoi, Bangkok, THA, 10700
Website
https://www.psp.co.th
PSP Specialties PCL is engaged in the manufacturing and sales of lubricants and greases, warehouse service, and hired transport. Its services start from raw material sourcing and product design to manufacturing, packaging, storage, and distribution. The company produces made-to-order products in a timely and efficient manner based on specific customer requirements. its main products include lubricant oil, grease, and specialty products such as rubber process oil and transformer oil. Additionally, the business operates in Myanmar through its subsidiary.

PSP Specialties PCL (BKK:PSP) Headlines