Byke Hospitality (BOM:531373) GF Value Rank : 3 (As of Jun. 09, 2024)

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What is Byke Hospitality GF Value Rank?

Byke Hospitality has the GF Value Rank of 3.

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 Byke Hospitality's GF Value Rank

For the Lodging subindustry, Byke Hospitality'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.

Byke Hospitality's GF Value Rank Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Byke Hospitality's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Byke Hospitality's GF Value Rank falls into.

Byke Hospitality GF Value Rank Related Terms

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Byke Hospitality (BOM:531373) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Byke Hospitality Ltd (BOM:531373) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

BYKE:India

Address

Shree Shakambhari Corporate Park, Plot Number 156-158, Chakravati Ashok Complex, Near Cambridge School, J. B. Nagar, Andheri (East), Sunil Patodia Tower, Mumbai, MH, IND, 400099

Website

https://www.thebyke.com

Byke Hospitality Ltd is a company operating in the hospitality sector. Its hotels and resorts include The Byke Heritage, The Byke Old Anchor, The Byke Neelkanth, The Byke Grassfield, The Byke Suraj Plaza, The Byke Riddhi Inn, and The Byke Nature Villas. The company derives revenue from Room rent and Income from food, beverages, and other services. The Company's only business is hoteliering.

Byke Hospitality (BOM:531373) Headlines

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