Ping Identity Holding (Ping Identity Holding) GF Value Rank : 5 (As of May. 12, 2024)

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What is Ping Identity Holding GF Value Rank?

Ping Identity Holding has the GF Value Rank of 5.

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 Ping Identity Holding's GF Value Rank

For the Software - Infrastructure subindustry, Ping Identity Holding'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.

Ping Identity Holding's GF Value Rank Distribution in the Software Industry

For the Software industry and Technology sector, Ping Identity Holding's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Ping Identity Holding's GF Value Rank falls into.

Ping Identity Holding GF Value Rank Related Terms

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Ping Identity Holding (Ping Identity Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ping Identity Holding Corp (NYSE:PING) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

1001 17th Street, Suite 100, Denver, CO, USA, 80202

Website

https://www.pingidentity.com

Ping Identity Holding Corp is engaged in the business of software. It enables secure access to any service, application or API from any device. Its Intelligent Identity Platform leverages artificial intelligence and machine learning to analyze the device, network, application and user behaviour data to make authentication and security control decisions.

Executives

Vikram Verma	director	810 WEST MAUDE AVENUE, SUNNYVALE CA 94085
Anil Arora	director	C/O YODLEE, INC., 3600 BRIDGE PARKWAY, 2ND FLOOR, REDWOOD CITY CA 94065
Andre Wong Durand	director, officer: CEO, Director	C/O PING IDENTITY CORPORATION, 1001 17TH STREET, SUITE 100, DENVER CO 80202
Raj M. Dani	officer: Chief Financial Officer	C/O PING IDENTITY CORPORATION, 1001 17TH STREET, SUITE 100, DENVER CO 80202
Bryan Kristian Nagel	officer: Chief Operating Officer	C/O PING IDENTITY CORPORATION, 1001 17TH STREET, SUITE 100, DENVER CO 80202
Shalini Sharma	officer: Chief Legal Officer	C/O PING IDENTITY CORPORATION, 1001 17TH STREET, SUITE 100, DENVER CO 80202
Vista Equity Partners Fund Vi, L.p.	10 percent owner	4 EMBARCADERO CENTER, 20TH FLOOR, SAN FRANCISCO CA 94111
Lauren Adrienne Romer	officer: Chief Legal Officer	C/O PING IDENTITY CORPORATION, 1001 17TH STREET, SUITE 100, DENVER CO 80202
Diane J Gherson	director	IBM CORPORATION, ONE NEW ORCHARD ROAD, ARMONK NY 10504
Adriana Zenia Carpenter	officer: Chief Accounting Officer	C/O PING IDENTITY CORPORATION, 1001 17TH STREET, SUITE 100, DENVER CO 80202
Paul Edward Martin	director	C/O UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
Martin A Taylor	director	100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
Bernard Harguindeguy	officer: Chief Technology Officer	C/O CRITICAL PATH, 350 THE EMBARCADERO - 6TH FLOOR, SAN FRANCISCO CA 94105
Clifford K. Chiu	director	17855 DALLAS PARKWAY, SUITE 400, DALLAS X1 75287
Vepf Vi Gp. Ltd.	10 percent owner	4 EMBARCADERO CENTER, 20TH FLOOR, SAN FRANCISCO CA 94111