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Rocky Mountain High Brands (Rocky Mountain High Brands) GF Value Rank : 0 (As of Jun. 14, 2024)


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What is Rocky Mountain High Brands GF Value Rank?

Rocky Mountain High Brands 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.


Rocky Mountain High Brands GF Value Rank Related Terms

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Rocky Mountain High Brands (Rocky Mountain High Brands) Business Description

Traded in Other Exchanges
N/A
Address
1000 Shiloh Road, Suite 200, Plano, TX, USA, 75074
Rocky Mountain High Brands Inc is a brand management company. RMHB specializes in developing, manufacturing, marketing, and distributing high-quality, health-conscious, cannabidiol and hemp-infused products that span various categories including beverage, food, fitness, skincare, and more. It also markets a naturally high alkaline spring water as part of the company's brand portfolio.
Executives
Winton Morrison director 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Jens R. Mielke officer: Chief Financial Officer 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Michael R. Welch director, officer: President and CEO 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Charles Walter Smith director, officer: Chief Operating Officer 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
David M. Seeberger director, officer: Vice President 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Kevin Harrington director 14044 ICOT BLVD., CLEARWATER FL 33760
Gerard Vincent David director, officer: Chairman of the Board 3615 5TH AVENUE NE BRADENTON FL 34208
Jerome A. Grisaffi director, officer: Secretary and Chairman 9101 LBJ FREEWAY, SUITE 200 DALLAS TX 75243
Lily Li 10 percent owner, officer: Executive Vice President 4858 ROUTE 32 CATSKILL NY 12414

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