AS Latvijas Juras medicinas centrs (ORSE:LJM1R) GF Value Rank : 6 (As of May. 26, 2024)

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What is AS Latvijas Juras medicinas centrs GF Value Rank?

AS Latvijas Juras medicinas centrs 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 AS Latvijas Juras medicinas centrs's GF Value Rank

For the Medical Care Facilities subindustry, AS Latvijas Juras medicinas centrs'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.

AS Latvijas Juras medicinas centrs's GF Value Rank Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, AS Latvijas Juras medicinas centrs's GF Value Rank distribution charts can be found below:

* The bar in red indicates where AS Latvijas Juras medicinas centrs's GF Value Rank falls into.

AS Latvijas Juras medicinas centrs GF Value Rank Related Terms

Thank you for viewing the detailed overview of AS Latvijas Juras medicinas centrs's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

AS Latvijas Juras medicinas centrs (ORSE:LJM1R) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » AS Latvijas Juras medicinas centrs (ORSE:LJM1R) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Patversmes iela 23, Riga, LVA, LV-1005

Website

https://www.ljmc.lv

AS Latvijas Juras medicinas centrs is engaged in the provision of healthcare services. It operates hospitals and diagnostic centers. The company offers diagnostics services, magnetic resonance imaging, radiological diagnostics services, and ambulance services. It is also engaged in General medical practice activities, Special medical practice activities, Residential nursing care activities, Retail sale of medical and orthopedic goods in specialized stores, and Other personal service activities. The majority of the revenue is generated from the Ambulatory Medical Services.

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