Thakkers Developers (BOM:526654) GF Value Rank : 6 (As of Dec. 11, 2024)

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What is Thakkers Developers GF Value Rank?

Thakkers Developers has the GF Value Rank of 6.

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 Thakkers Developers's GF Value Rank

For the Real Estate - Development subindustry, Thakkers Developers'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.

Thakkers Developers's GF Value Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Thakkers Developers's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Thakkers Developers's GF Value Rank falls into.

Thakkers Developers GF Value Rank Related Terms

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Thakkers Developers Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Thakkers Developers Ltd (BOM:526654) » Definitions » GF Value Rank

Traded in Other Exchanges

N/A

Address

Modi Street, 37/39, Kantol Niwas, Fort, Mumbai, MH, IND, 400 001

Website

https://www.thakkersdevelopers.com

Thakkers Developers Ltd is an India-based company engaged in construction and real estate development activities. Its segments include Construction and Contract Related Activity and Estate Dealing and Development Activity. It has plots under divisions including industrial, commercial, residential, and agricultural. Richmond Heights, Indigo Park, Purab Pashchim Plaza, and Thakkers Majesty are a few of the company's projects. It generates key revenue from the Construction and Contract Related Activity.

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