Meglon Infra-Real (India) (BOM:511367) GF Value Rank : 0 (As of Jun. 09, 2024)

View and export this data going back to 1993. Start your Free Trial

What is Meglon Infra-Real (India) GF Value Rank?

Meglon Infra-Real (India) 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.

Meglon Infra-Real (India) GF Value Rank Related Terms

Thank you for viewing the detailed overview of Meglon Infra-Real (India)'s GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Meglon Infra-Real (India) (BOM:511367) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Meglon Infra-Real (India) Ltd (BOM:511367) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

S.F. 203 and 204, Dwarkesh Business Hub, Opposite Visamo Soc., Behind H Atishay Belleview Motera, Surat, GJ, IND, 380005

Website

http://www.meglonindia.in

Meglon Infra-Real (India) Ltd is engaged in business of Real estate activities with own or leased property. Its business activities include buying, selling, renting and operating of self-owned or leased real estate such as apartment building and dwellings, non-residential buildings, developing and subdividing real estate into lots. The company is also engaged in development and sale of land and cemetery lots, operating of apartment hotels and residential mobile home sites.

Meglon Infra-Real (India) (BOM:511367) Headlines

No Headlines