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PGWFF (PGG Wrightson) GF Value Rank : 8 (As of Dec. 15, 2024)


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What is PGG Wrightson GF Value Rank?

PGG Wrightson has the GF Value Rank of 8.

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 PGG Wrightson's GF Value Rank

For the Specialty Business Services subindustry, PGG Wrightson'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.


PGG Wrightson's GF Value Rank Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, PGG Wrightson's GF Value Rank distribution charts can be found below:

* The bar in red indicates where PGG Wrightson's GF Value Rank falls into.



PGG Wrightson GF Value Rank Related Terms

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PGG Wrightson Business Description

Traded in Other Exchanges
Address
1 Robin Mann Place, Christchurch Airport, Christchurch, NZL, 8053
PGG Wrightson Ltd is an agriculture solutions provider predominantly in New Zealand. The company's reportable segments are, Agency, Retail & Water and Other. The company generates maximum revenue from the Retail and Water segment which includes the rural supplies and fruitfed retail operations, PGG Wrightson Water, PGW Consulting, Agritrade, and ancillary sales support, supply chain, and marketing functions. The Agency segment includes rural Livestock trading activities, export livestock, wool, insurance, real estate and finance commission. The company principally operates in New Zealand.