Bio Green Energy Tech PCL (BKK:BIOTEC) GF Value Rank : 2 (As of May. 30, 2024)

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What is Bio Green Energy Tech PCL GF Value Rank?

Bio Green Energy Tech PCL has the GF Value Rank of 2.

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 Bio Green Energy Tech PCL's GF Value Rank

For the Specialty Chemicals subindustry, Bio Green Energy Tech PCL'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.

Bio Green Energy Tech PCL's GF Value Rank Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Bio Green Energy Tech PCL's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Bio Green Energy Tech PCL's GF Value Rank falls into.

Bio Green Energy Tech PCL GF Value Rank Related Terms

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Bio Green Energy Tech PCL (BKK:BIOTEC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Bio Green Energy Tech PCL (BKK:BIOTEC) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sukumvit Road, 153 Mano Tower, Soi Sukumvit 39, Klongtonnua, Wattana, Bangkok, THA, 10110

Website

https://www.biogreen-energytech.com

Bio Green Energy Tech PCL is a Thailand-based maritime service provider. The principal activities of the company are marine transportation, and manufacturing and distributing biodiesel and glycerine products. The Group has two reportable segments which comprise manufacturing and distributing biodiesel and glycerine products, and marine transportation.

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