Jiangsu Skyray Instrument Co (SZSE:300165) GF Value Rank : 9 (As of Dec. 14, 2024)

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What is Jiangsu Skyray Instrument Co GF Value Rank?

Jiangsu Skyray Instrument Co has the GF Value Rank of 9.

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 Skyray Instrument Co's GF Value Rank

For the Scientific & Technical Instruments subindustry, Jiangsu Skyray Instrument 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 Skyray Instrument Co's GF Value Rank Distribution in the Hardware Industry

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

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

Jiangsu Skyray Instrument Co GF Value Rank Related Terms

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Jiangsu Skyray Instrument Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Jiangsu Skyray Instrument Co Ltd (SZSE:300165) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1888, Zhonghuayuan West Road, Tianrui Building, Yushan Town, Kunshan, CHN, 215347

Website

http://www.skyray-instrument.com

Jiangsu Skyray Instrument Co Ltd is engaged in the development of high end analytical instruments and application software based on spectrometers, chromatographs, and mass spectrometers. The products are applied in the field of environmental protection and safety, and minerals and resources.

Executives

Zhang Xin	Independent director
Liu Zhao Gui	Secretary, Director
Ying Gang	Directors, executives
Wang Nian Jun	Director
Zhu Ying	Director
Xiao Ting Liang	Directors, executives
Yu Zheng Dong	Directors, executives
Du Ying Li	Directors, executives

Jiangsu Skyray Instrument Co Headlines

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