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Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co (SHSE:601528) GF Value Rank : 9 (As of Jun. 22, 2024)


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What is Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co GF Value Rank?

Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co has the GF Value Rank of 9.

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 Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co's GF Value Rank

For the Banks - Regional subindustry, Zhejiang Shaoxing RuiFeng Rural Commercial Bank 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.


Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co's GF Value Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co's GF Value Rank falls into.



Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co GF Value Rank Related Terms

Thank you for viewing the detailed overview of Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co (SHSE:601528) Business Description

Traded in Other Exchanges
N/A
Address
No. 1363, Diyang Road, Keqiao, Keqiao District, Zhejiang Province, Shaoxing, CHN, 312030
Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co Ltd operates as a bank. Its services include short-term, medium-term and long-term loans, agent collection and payment and insurance agency business, safe deposit box services, foreign exchange settlement and sales approved by the foreign exchange administration.
Executives
Wu Guang Wei senior management
Qin Xiao Jun Directors, senior managers
Shen You Sheng Director
Yu Tu Liang Director
Yan Guo Li Directors, senior managers
Ning Yi Ran senior management
Xia Yong Chao Director
Ma Shi Xiu Director
Shen Xiang Xing Director
Zhang Xiang Rong Directors, senior managers
Zhang Qin Liang Director
Wang Guo Liang Supervisors
Song Hui Supervisors
Zhang Wei Dong Director

Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co (SHSE:601528) Headlines

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