GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Phu Nhuan Jewelry JSC (STC:PNJ) » Definitions » GF Value Rank

Phu Nhuan Jewelry JSC (STC:PNJ) GF Value Rank : 8 (As of May. 25, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Phu Nhuan Jewelry JSC GF Value Rank?

Phu Nhuan Jewelry JSC 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 Phu Nhuan Jewelry JSC's GF Value Rank

For the Luxury Goods subindustry, Phu Nhuan Jewelry JSC'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.


Phu Nhuan Jewelry JSC's GF Value Rank Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Phu Nhuan Jewelry JSC's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Phu Nhuan Jewelry JSC's GF Value Rank falls into.



Phu Nhuan Jewelry JSC GF Value Rank Related Terms

Thank you for viewing the detailed overview of Phu Nhuan Jewelry JSC's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Phu Nhuan Jewelry JSC (STC:PNJ) Business Description

Traded in Other Exchanges
N/A
Address
No. 170E, Phan Dang Luu Street, Ward 3, Phu Nhuan District, Ho Chi Minh, VNM
Phu Nhuan Jewelry JSC is engaged in the manufacturing and trading of gold, silver, jewelry, and gemstones. The other activities mainly are trading accessories and jewelry inspection services. The activities of the company are carried out in Vietnam. It offers products such as Rings, Earrings, Bracelets, pendants, Necklaces, and others. The company offers its products under brands of CAO Fine Jewellery, PNJArt, PNJ Silver and accessories, and others.

Phu Nhuan Jewelry JSC (STC:PNJ) Headlines

No Headlines