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Indian Acrylics (BOM:514165) GF Value Rank : 7 (As of Dec. 12, 2024)


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What is Indian Acrylics GF Value Rank?

Indian Acrylics has the GF Value Rank of 7.

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 Indian Acrylics's GF Value Rank

For the Textile Manufacturing subindustry, Indian Acrylics'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.


Indian Acrylics's GF Value Rank Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Indian Acrylics's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Indian Acrylics's GF Value Rank falls into.



Indian Acrylics GF Value Rank Related Terms

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Indian Acrylics Business Description

Traded in Other Exchanges
N/A
Address
Madhya Marg, SCO 49-50-51, Sector 26, Chandigarh, IND, 160019
Indian Acrylics Ltd is a manufacturer of acrylic fibre and acrylic yarn in India. The company operates in two segments: Fibre, which includes Staple Fibre, Tow and Tops, and Yarn, which includes all kinds of Yarn manufactured and sold by the Company. Its products include Staple Fibre, Acrylic Fibre, Acrylic Tow, and Acrylic Tops. The majority of the revenue is generated in India and from the fibre segment and it exports to other countries as well.

Indian Acrylics Headlines

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