Zhejiang Runtu Co (SZSE:002440) GF Value Rank : 6 (As of May. 27, 2024)

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What is Zhejiang Runtu Co GF Value Rank?

Zhejiang Runtu Co has the GF Value Rank of 6.

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 Runtu Co's GF Value Rank

For the Specialty Chemicals subindustry, Zhejiang Runtu 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 Runtu Co's GF Value Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Zhejiang Runtu Co's GF Value Rank distribution charts can be found below:

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

Zhejiang Runtu Co GF Value Rank Related Terms

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Zhejiang Runtu Co (SZSE:002440) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Zhejiang Runtu Co Ltd (SZSE:002440) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

daoxu town, shangyu city, zhejiang province, CHN

Website

http://www.runtuchem.com

Zhejiang Runtu Co Ltd produces and sells disperse, reactive, direct, blended, cation, and original dyes. The company also deals in chemical intermediates, textile auxiliaries, insurance powder, sulfuric acid, chlor-alkali, and hydrogen peroxide.

Executives

Zhao Guo Sheng	Directors, executives
Ruan Jia Chun	Director
Ruan Xing Xiang	Director
Ruan Guang Dong	Directors, executives
Chen He Mei	Independent director
Zhou Cheng Yu	Executives
Xu Wan Fu	Directors, executives
Ruan Jing Bo	Director
Qi Rong Hua	Securities Affairs Representative
Luo Yi Jia	Supervisors
Han Ming Juan	Supervisors
Jing Zhe Hu	Executives
Liu Bo Ping	Securities Affairs Representative
Zhang Tian Fu	Independent director
Ruan Jia Gen	Director

Zhejiang Runtu Co (SZSE:002440) Headlines

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