GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Shanghai New Huang Pu Industrial Group Co Ltd (SHSE:600638) » Definitions » GF Value Rank

Shanghai New Huang Pu Industrial Group Co (SHSE:600638) GF Value Rank : 5 (As of May. 27, 2024)


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

What is Shanghai New Huang Pu Industrial Group Co GF Value Rank?

Shanghai New Huang Pu Industrial Group Co has the GF Value Rank of 5.

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 Shanghai New Huang Pu Industrial Group Co's GF Value Rank

For the Real Estate - Development subindustry, Shanghai New Huang Pu Industrial Group Co'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.


Shanghai New Huang Pu Industrial Group Co's GF Value Rank Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Shanghai New Huang Pu Industrial Group Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Shanghai New Huang Pu Industrial Group Co's GF Value Rank falls into.



Shanghai New Huang Pu Industrial Group Co GF Value Rank Related Terms

Thank you for viewing the detailed overview of Shanghai New Huang Pu Industrial Group Co's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.


Shanghai New Huang Pu Industrial Group Co (SHSE:600638) Business Description

Traded in Other Exchanges
N/A
Address
No. 666 Beijing East Road, West Building, 32-33F, Shanghai, Shanghai, CHN, 200001
Shanghai New Huang Pu Real Estate Co Ltd engages in the real estate business in China. It develops commercial buildings and residential communities. It is also involved in the financial investment and futures, park construction and management, professional electronics market operations, property management, real estate services and consulting service trade, and other businesses.
Executives
Lu Que Fei Director
Zhu Jian Yong Director
Hu Geng Hua Supervisors

Shanghai New Huang Pu Industrial Group Co (SHSE:600638) Headlines

No Headlines