GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Pendrell Corp (OTCPK:PCOA) » Definitions » GF Value Rank

Pendrell (Pendrell) GF Value Rank : 0 (As of Jun. 09, 2024)


View and export this data going back to 2002. Start your Free Trial

What is Pendrell GF Value Rank?

Pendrell 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.


Pendrell GF Value Rank Related Terms

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


Pendrell (Pendrell) Business Description

Traded in Other Exchanges
N/A
Address
2300 Carillon Point, Kirkland, WA, USA, 98033
Pendrell Corp is engaged in licensing and selling its Intellectual Property (IP) rights. The company's subsidiaries hold patents that support three IP licensing programs digital media, digital cinema, and memory and storage technologies.
Executives
Lee E Mikles director, officer: President and CEO 2333 SAN RAMON VALLEY BLVD, STE 450, SAN RAMON CA 94583
Craig Mccaw director, 10 percent owner EAGLE RIVER INC, 2300 CARILLON POINT, KIRKLAND WA 98033
Steve Ednie officer: VP and Chief Financial Officer 4400 CARILLON POINT, KIRKLAND WA 98033
James D Dondero 10 percent owner 300 CRESCENT COURT, SUITE 700, DALLAS TX 75201
Richard P Emerson director ONE MICROSOFT WAY, REDMOND WA 98052-6399
H Brian Thompson director 1950 OLD GALLOWS ROAD SUITE 201, VIENNA VA 22182
Stuart M Sloan director 1301 FIFTH AVE., SUITE 3000, SEATTLE WA 98101
R. Gerard Salemme director 815 CONNECTICUT AVE., SUITE 610, WASHINGTON DC 20036
Benjamin G Wolff director, officer: President and CEO 2300 CARILLON POINT, KIRKLAND WA 98033
Richard P Fox director
Highland Capital Management Lp 10 percent owner 100 CRESCENT COURT, SUITE 1850, DALLAS TX 75201
Strand Advisors, Inc. 10 percent owner 13455 NOEL ROAD, SUITE 800, DALLAS TX 75240
David H Wasserman other: Former Director
Sam Ginn director
Highland Multi-strategy Fund Gp, L.p. 10 percent owner 13455 NOEL ROAD, SUITE 800, DALLAS TX 75240

Pendrell (Pendrell) Headlines

From GuruFocus

John Rogers Comments on Pendrell Corp

By Holly LaFon 11-20-2015

Deep Value Opportunity for Patient Investors

By Shadowstock Shadowstock 05-10-2017