Lingyuan Iron & Steel Co (SHSE:600231) GF Value Rank : 6 (As of Dec. 13, 2024)

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What is Lingyuan Iron & Steel Co GF Value Rank?

Lingyuan Iron & Steel Co 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 Lingyuan Iron & Steel Co's GF Value Rank

For the Steel subindustry, Lingyuan Iron & Steel Co'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.

Lingyuan Iron & Steel Co's GF Value Rank Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Lingyuan Iron & Steel Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Lingyuan Iron & Steel Co's GF Value Rank falls into.

Lingyuan Iron & Steel Co GF Value Rank Related Terms

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Lingyuan Iron & Steel Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Lingyuan Iron & Steel Co Ltd (SHSE:600231) » Definitions » GF Value Rank

Traded in Other Exchanges

N/A

Address

No. 3 Gangtie Road, Lingyuan, Liaoning, CHN, 122500

Website

http://www.lggf.com.cn

Lingyuan Iron & Steel Co Ltd is engaged in mining, steel smelting, and steel rolling.

Executives

Ma Xiao Yong	senior management
Zhang Peng	Director
Li Jing Dong	Directors, senior managers
Jiang Zhen Sheng	senior management
Wang Bao Jie	senior management
Zhang Li Xin	senior management
Lv Kai Li	Supervisors
Lu Ya Dong	Director
Hou Bai Ying	Supervisors
He Zhi Guo	Director
Hao Zhi Qiang	Director
Shen Xun	Director
Zhang Zhen Yong	Director
Yuan Cheng De	Supervisors
Yu Fu Zhu	Supervisors

Lingyuan Iron & Steel Co Headlines

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