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Ocean Biomedical 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.
Thank you for viewing the detailed overview of Ocean Biomedical's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.
Robert J Sweeney | officer: Chief Accounting Officer | 20298 CRAIGEN CIRCLE, SARATOGA CA 95070 |
M Michelle Berrey | director | 303A COLLEGE ROAD EAST, PRINCETON NJ 08450 |
William F Owens | director | C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010 |
Inderjote S Kathuria | officer: Chief Strategy Officer | 19W060 AVENUE LATOUR, OAK BROOK IL 60523 |
Gurinder S Kalra | officer: Chief Financial Officer | 2305 WASHINGTON STREET, APT 301, SAN FRANCISCO CA 94115 |
Chirinjeev Kathuria | director | C/O UPHEALTH HOLDINGS, INC., 14000 S. MILITARY TRAIL #203, DELRAY BEACH FL 33484 |
Jerome Ringo | director | 1731 EMBARCADERO ROAD SUITE 200, PALO ALTO CA 94303 |
Poseidon Bio, Llc | 10 percent owner | OCEAN BIOMEDICAL, INC., 55 CLAVERICK ST., ROOM 325, PROVIDENCE RI 02903 |
Daniel Behr | officer: EVP, Innov./Acad. P'ships Head | OCEAN BIOMEDICAL, INC., 55 CLAVERICK ST., ROOM 325, PROVIDENCE RI 02903 |
Jack A Elias | director | OCEAN BIOMEDICAL, INC., 55 CLAVERICK ST., ROOM 325, PROVIDENCE RI 02903 |
Jonathan Kurtis | director | OCEAN BIOMEDICAL, INC., 55 CLAVERICK ST., ROOM 325, PROVIDENCE RI 02903 |
Elizabeth Ng | director, officer: Chief Executive Officer | OCEAN BIOMEDICAL, INC., 55 CLAVERICK ST., ROOM 325, PROVIDENCE RI 02903 |
Martin D Angle | director | OCEAN BIOMEDICAL, INC., 55 CLAVERICK ST., ROOM 325, PROVIDENCE RI 02903 |
Aesther Healthcare Sponsor, Llc | 10 percent owner | 515 MADISON AVE., SUITE 8078, NEW YORK NY 10022 |
Michael L Peterson | director | 17 CANARY COURT, DANVILLE CA 94526 |
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