Zhejiang Tiantie Industry Co (SZSE:300587) GF Value Rank : 4 (As of May. 25, 2024)

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What is Zhejiang Tiantie Industry Co GF Value Rank?

Zhejiang Tiantie Industry Co has the GF Value Rank of 4.

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 Tiantie Industry Co's GF Value Rank

For the Railroads subindustry, Zhejiang Tiantie Industry 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 Tiantie Industry Co's GF Value Rank Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Zhejiang Tiantie Industry Co's GF Value Rank distribution charts can be found below:

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

Zhejiang Tiantie Industry Co GF Value Rank Related Terms

Thank you for viewing the detailed overview of Zhejiang Tiantie Industry Co's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Zhejiang Tiantie Industry Co (SZSE:300587) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Zhejiang Tiantie Industry Co Ltd (SZSE:300587) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.928, Renmin East Road, Tiantai County, Zhejiang Province, Taizhou, CHN, 317200

Website

http://www.tiantie.cn

Zhejiang Tiantie Industry Co Ltd provides engineering rubber products. The company manufactures and sells industrial rubber goods, rubberized fabrics, and other rubber products. It offers track structures, such as rails, sleepers, and ballast; vibration damping products; isolated rubber damping pads; embedded rubber crossing boards and plates; conveyor belts; elastic components; and sealing products and other rubber products.

Executives

Wang Sen Rong	Executives
Zheng Shuang Lian	Executives
Zheng Jian Feng	Executives
Niu Wen Qiang	Directors, executives
Di Xiao Yu	Supervisors
Xu Ji Ding	Director
Lu Ling Xiao	Supervisors
Fan Wei Wei	Directors, executives
Xu Yin Bin	Directors, executives
Xu Kong Bin	Directors, executives
Zhu Jian Zhong	Executives
Yang Tai Feng	Executives
Wang Bo	Directors, executives
Fan Wen Rong	Securities Affairs Representative

Zhejiang Tiantie Industry Co (SZSE:300587) Headlines

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