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Pacific Century Premium Developments (HKSE:00432) GF Value Rank : 0 (As of Jun. 20, 2024)


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What is Pacific Century Premium Developments GF Value Rank?

Pacific Century Premium Developments 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.


Pacific Century Premium Developments GF Value Rank Related Terms

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Pacific Century Premium Developments (HKSE:00432) Business Description

Traded in Other Exchanges
Address
100 Cyberport Road, 8th Floor, Cyberport 2, Hong Kong, HKG
Pacific Century Premium Developments Ltd is principally engaged in property and infrastructure businesses. Its segments include All-season recreational activities in Japan, Property investment in Indonesia Property development and golf operation in Thailand, Property development in Japan, Hotel operations in Japan, Property and facilities management in Hong Kong, Property development in Hong Kong, and Other businesses. its geographical presence in Japan, Hong Kong, Thailand and Indonesia, of which revenue is generated from Indonesia.
Executives
Pccw Limited 2201 Interest of corporation controlled by you
Ocean Star Investment Management Limited 2102 Investment manager
Ocean Star Management Limited 2301 Trustee
Os Holdings Limited 2201 Interest of corporation controlled by you
Pacific Century Group Holdings Limited 2101 Beneficial owner
Star Ocean Ultimate Holdings Limited 2201 Interest of corporation controlled by you
Star Ocean Ultimate Limited 2301 Trustee
The Ocean Trust 2305 Beneficiary of a trust
The Ocean Unit Trust 2201 Interest of corporation controlled by you
The Starlite Trust 2305 Beneficiary of a trust
The Starlite Unit Trust 2201 Interest of corporation controlled by you
Pacific Century Regional Developments Limited 2101 Beneficial owner
Pacific Century Diversified Limited 2101 Beneficial owner
Li Tzar Kai Richard 2307 Founder of a discretionary trust who can infl
Fung Jenny Wai Ling 2201 Interest of corporation controlled by you

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