GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Yangzhou Seashine New Materials Co Ltd (SZSE:300885) » Definitions » GF Value Rank

Yangzhou Seashine New Materials Co (SZSE:300885) GF Value Rank : 3 (As of Jun. 25, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Yangzhou Seashine New Materials Co GF Value Rank?

Yangzhou Seashine New Materials Co has the GF Value Rank of 3.

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 Yangzhou Seashine New Materials Co's GF Value Rank

For the Metal Fabrication subindustry, Yangzhou Seashine New Materials 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.


Yangzhou Seashine New Materials Co's GF Value Rank Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Yangzhou Seashine New Materials Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Yangzhou Seashine New Materials Co's GF Value Rank falls into.



Yangzhou Seashine New Materials Co GF Value Rank Related Terms

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


Yangzhou Seashine New Materials Co (SZSE:300885) Business Description

Traded in Other Exchanges
N/A
Address
Heye West Road, Weiyang Economic Development Zone, Jiangsu Province, Yangzhou, CHN, 225008
Yangzhou Seashine New Materials Co Ltd is engaged in the production of powder metallurgy products in China. The main business includes the design, production and marketing of various powder metallurgy structural parts applied in electric tools, automobiles, household appliances, office applications and others. Main products include external gear, bevel gear, gear ring, double teeth, sprocket, rotor, eccentric cam and others.
Executives
Xu Ji Ping Directors, executives
Zhou Guang Rong Director

Yangzhou Seashine New Materials Co (SZSE:300885) Headlines

No Headlines