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National Bank of Greece (National Bank of Greece) GF Value Rank : 3 (As of Apr. 30, 2024)


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What is National Bank of Greece GF Value Rank?

National Bank of Greece 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 National Bank of Greece's GF Value Rank

For the Banks - Regional subindustry, National Bank of Greece'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.

National Bank of Greece's GF Value Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, National Bank of Greece's GF Value Rank distribution charts can be found below:

* The bar in red indicates where National Bank of Greece's GF Value Rank falls into.


National Bank of Greece GF Value Rank Related Terms

Thank you for viewing the detailed overview of National Bank of Greece's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

National Bank of Greece (National Bank of Greece) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » National Bank of Greece SA (NYSE:NBGPRA.PFD) » Definitions » GF Value Rank
Comparable Companies
ATH:EUROB ATH:TPEIR ATH:ALPHA ATH:OPTIMA ATH:TELL ATH:TATT NSE:HDFCBANK SHSE:600036 NSE:ICICIBANK NSE:SBIN SAU:1120 XPAR:BNP ISX:BBCA MIC:SBER SGX:D05 MIL:ISP USB MIL:UCG HKSE:01658 PNC
Traded in Other Exchanges
NBGRY:USA NBGIF:USA ETE:Greece 0RCR:UK NAGF:Germany
Address
86 Eolou Street, Athens, GRC, 10559
Website
https://www.nbg.gr
National Bank of Greece SA consists of a group of several subsidiaries of diverse financial services organized around a principal bank. The group's primary activities include retail and commercial banking, global investment management, investment banking, insurance, investment activities and securities trading. Its segments include Retail Banking, Corporate and Investment Banking, Special Assets Unit, Global Markets and Asset Management ,Insurance and International Banking Operations.