Principal Real Estateome Fund (Principal Real Estateome Fund) GF Value Rank : 0 (As of Apr. 28, 2024)

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

What is Principal Real Estateome Fund GF Value Rank?

Principal Real Estateome Fund has the GF Value Rank of 0.

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.

Principal Real Estateome Fund GF Value Rank Related Terms

Thank you for viewing the detailed overview of Principal Real Estateome Fund's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Principal Real Estateome Fund (Principal Real Estateome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Principal Real Estate Income Fund (NYSE:PGZ) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

1290 Broadway, Suite 1000, Denver, CO, USA, 80203

Website

https://www.principalcef.com

Principal Real Estate Income Fund is a non-diversified, closed-end management investment company. Its investment objective is to provide high current income with capital appreciation by investing in commercial real estate-related securities.

Executives

Laton Spahr	other: President of the Adviser	1290 BROADWAY, SUITE 1100, DENVER CO 80203
Adams Nicholas	other: Secretary	1055 BROADWAY, 3RD FL, KANSAS CITY MT 64105
Erich Rettinger	officer: Treasurer	1290 BROADWAY SUITE 1100, DENVER CO 80203
Brendan Hamill	officer: Secretary	1290 BROADWAY, SUITE 1000, DENVER CO 80203
Robert Douglas Mcclure	officer: Treasurer	1290 BROADWAY, SUITE 1000, DENVER CO 80203
Matthew Sutula	other: Interim CCO	1290 BROADWAY, SUITE 1100, DENVER CO 80203
Jill Kerschen	officer: Treasurer	1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jennifer Craig	officer: Assistant Secretary	1290 BROADWAY SUITE 1100, DENVER CO 80203
Michael Sleightholme	other: Officer of Investment Advisor	1290 BROADWAY, SUITE 1100, DENVER CO 80203
Ernest J Scalberg	other: Trustee	C/O PRINCIPAL REAL ESTATE INCOME FUND, 1290 BROADWAY SUITE 1100, DENVER CO 80203
Kathryn Burns	officer: Treasurer	1290 BROADWAY, SUITE 1100, DENVER CO 80203
Ss&c Technologies Holdings Inc	other: Affiliate of Inv Adviser	80 LAMBERTON RD, WINDSOR CT 06095
Richard Craig Noyes	other: Officer of Investment Advisor	1290 BROADWAY, SUITE 1100, DENVER CO 80203
Sharon R Akselrod	other: Assistant Secretary	1290 BROADWAY, SUITE 1100, DENVER CO 80203
Marc Peterson	other: Subadvisor Portfolio Manager	6253 PLEASANT ST, WEST DES MOINES IA 50266