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Zhejiang Jingxing Paper JSC (SZSE:002067) GF Value Rank : 5 (As of Dec. 13, 2024)


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What is Zhejiang Jingxing Paper JSC GF Value Rank?

Zhejiang Jingxing Paper JSC 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 Zhejiang Jingxing Paper JSC's GF Value Rank

For the Paper & Paper Products subindustry, Zhejiang Jingxing Paper 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.


Zhejiang Jingxing Paper JSC's GF Value Rank Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Zhejiang Jingxing Paper JSC's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Zhejiang Jingxing Paper JSC's GF Value Rank falls into.



Zhejiang Jingxing Paper JSC GF Value Rank Related Terms

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Zhejiang Jingxing Paper JSC Business Description

Traded in Other Exchanges
N/A
Address
Caoqiao Town, Zhejiang Province, Pinghu, CHN, 314214
Zhejiang Jingxing Paper JSC Ltd is a Chinese company operating in the paper and packaging industry. It manufactures paper and paper products. The company's products include kraft paper, white craft paper, high strength Corrugating medium, bobbin paper, cardboard boxes, household paper products, and other products.
Executives
Zhu Zai Long Director
Shen Shou Xian Supervisors
Liu Chun Xiang Director
Nie Rong Kun Director
Sheng Xiao Ying Director
Wang Wei Min Director
Lu Fu Gui Supervisors
Zhu Xi Kun Independent director, within six months of separat

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