TPV Technology Co (SZSE:000727) GF Value Rank : 5 (As of Jun. 23, 2024)

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What is TPV Technology Co GF Value Rank?

TPV Technology Co has the GF Value Rank of 5.

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 TPV Technology Co's GF Value Rank

For the Electronic Components subindustry, TPV Technology 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.

TPV Technology Co's GF Value Rank Distribution in the Hardware Industry

For the Hardware industry and Technology sector, TPV Technology Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where TPV Technology Co's GF Value Rank falls into.

TPV Technology Co GF Value Rank Related Terms

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TPV Technology Co (SZSE:000727) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » TPV Technology Co Ltd (SZSE:000727) » Definitions » GF Value Rank

Traded in Other Exchanges

N/A

Address

No. 7, Tianyou Road, Qixia District, Jiangsu Province, Nanjing, CHN, 210033

Website

http://www.tpv-tech.com

TPV Technology Co Ltd is engaged in electronics manufacturing-related industries. It is mainly engaged in flat panel display, touch display, quartz crystal, magnetic materials and power supply, vacuum electronics industries. Its products include TFT-LCD, touch screen, LCD, and display modules; crystal oscillators, resonators, filters, and other components; magnetic powder, magnetic core, power supply, microwave, and other components. The company has several production bases in Jiangsu Nanjing, Guangdong Shenzhen, Hebei Langfang, and the marketing and service system cover the global mainstream market.

Executives

Si Yun Cong	Director
Zhang Yin Qian	Supervisors
Xu Qing	Supervisors
He Guan He	Executives
Zhao Jing Cheng	Director
Yang Guo Zhu	Director
Chen Zong Mei	Executives
Zhang Yin Tao	Director

TPV Technology Co (SZSE:000727) Headlines

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