Baker Steel Resources Trust (LSE:BSRT) GF Value Rank : 0 (As of Jun. 10, 2024)

View and export this data going back to 2010. Start your Free Trial

What is Baker Steel Resources Trust GF Value Rank?

Baker Steel Resources Trust 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.

Baker Steel Resources Trust GF Value Rank Related Terms

Thank you for viewing the detailed overview of Baker Steel Resources Trust's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

Baker Steel Resources Trust (LSE:BSRT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Baker Steel Resources Trust Ltd (LSE:BSRT) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

St. Julian's Avenue, Arnold House, Channel Islands, Saint Peter Port, GGY, GY1 3NF

Website

http://www.bakersteelresourcestrust.com

Baker Steel Resources Trust Ltd is engaged in the financial services domain. It is a closed-ended investment company seeking capital growth over the long term through a focused global portfolio consisting principally of the equities, loans or related instruments. The company is mainly concerned with investing in the natural resource industry. It invests predominantly in unlisted companies, and also in listed securities with a view to exploiting value inherent in market inefficiencies and pricing anomalies. The company operates in single segment i.e. investing in natural resources companies.

Baker Steel Resources Trust (LSE:BSRT) Headlines

No Headlines