Easun Capital Markets (BOM:542906) GF Value Rank : 7 (As of May. 16, 2024)

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What is Easun Capital Markets GF Value Rank?

Easun Capital Markets 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 Easun Capital Markets's GF Value Rank

For the Capital Markets subindustry, Easun Capital Markets'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.

Easun Capital Markets's GF Value Rank Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Easun Capital Markets's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Easun Capital Markets's GF Value Rank falls into.

Easun Capital Markets GF Value Rank Related Terms

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Easun Capital Markets (BOM:542906) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Easun Capital Markets Ltd (BOM:542906) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

7, Chittaranjan Avenue, 3rd Floor, Bowbazar, Kolkata, WB, IND, 700072

Website

https://www.easuncapitalmarkets.com

Easun Capital Markets Ltd is engaged in the business of Financing and Investment.. The company is mainly into investing in and acquiring and holding shares, stocks, debentures, bonds, mutual funds and/or other securities issued or guaranteed by any company constituted or carrying on business in India and/or by any Government, state, public body or authority. The company is also engaged in the business of investment, providing of loan and advance to the SMEs both secured and unsecured.

Easun Capital Markets (BOM:542906) Headlines

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