Banco Latinoamericano de Comercio Exterior (Banco Latinoamericano de Comercio Exterior) GF Value Rank : 9 (As of Apr. 29, 2024)

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What is Banco Latinoamericano de Comercio Exterior GF Value Rank?

Banco Latinoamericano de Comercio Exterior 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 Banco Latinoamericano de Comercio Exterior's GF Value Rank

For the Banks - Regional subindustry, Banco Latinoamericano de Comercio Exterior'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.

Banco Latinoamericano de Comercio Exterior's GF Value Rank Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Banco Latinoamericano de Comercio Exterior's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Banco Latinoamericano de Comercio Exterior's GF Value Rank falls into.

Banco Latinoamericano de Comercio Exterior GF Value Rank Related Terms

Thank you for viewing the detailed overview of Banco Latinoamericano de Comercio Exterior's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Banco Latinoamericano de Comercio Exterior (Banco Latinoamericano de Comercio Exterior) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Banco Latinoamericano de Comercio Exterior SA (NYSE:BLX) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

D8Q:Germany D8Q:Germany

Address

Avenida La Rotonda, P.O. Box 0819-08730, Torre V, Business Park, Urb. Costa del Este, Panama, PAN

Website

https://www.bladex.com

Banco Latinoamericano de Comercio Exterior SA provides financial solutions to financial institutions, companies and investors doing business in Latin America, supporting trade and regional integration across the region. The Bank provides foreign trade solutions to a select client base of premier Latin-American financial institutions and corporations and has developed a network of correspondent banking institutions with access to the international capital markets. It has two business segments the Commercial Business Segment and the Treasury Business Segment.