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Jiangsu Changqing Agrichemical Co (SZSE:002391) GF Value Rank : 10 (As of Jun. 23, 2024)


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What is Jiangsu Changqing Agrichemical Co GF Value Rank?

Jiangsu Changqing Agrichemical Co has the GF Value Rank of 10.

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 Jiangsu Changqing Agrichemical Co's GF Value Rank

For the Agricultural Inputs subindustry, Jiangsu Changqing Agrichemical 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.


Jiangsu Changqing Agrichemical Co's GF Value Rank Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Jiangsu Changqing Agrichemical Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Jiangsu Changqing Agrichemical Co's GF Value Rank falls into.



Jiangsu Changqing Agrichemical Co GF Value Rank Related Terms

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Jiangsu Changqing Agrichemical Co (SZSE:002391) Business Description

Traded in Other Exchanges
N/A
Address
Puto Town, Jiangsu City, Jiangsu, Jiangdu, CHN, 225218
Jiangsu Changqing Agrichemical Co Ltd is a China-based company. It is engaged in the production of synthetic pesticides, pesticide intermediates, and other chemicals.
Executives
Xiao Gang Securities Affairs Representative
Yu Guo Quan Director
Huang Nan Zhang Director
Lv Liang Zhong Executives
Zhou Ru Xiang Directors, executives
Zhou Xiu Lai Supervisors
Yu Guo Qing Director
Ji Zhi Yang Supervisors
Ma Zhang Qing Directors, executives
Sun Xia Lin Executives
Du Gang Executives
Kong Qing Zhu Executives
Zhao Ting Securities Affairs Representative

Jiangsu Changqing Agrichemical Co (SZSE:002391) Headlines

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