Chien Shing Harbour Service Co (TPE:8367) GF Value Rank : 10 (As of May. 27, 2024)

View and export this data going back to 2017. Start your Free Trial

What is Chien Shing Harbour Service Co GF Value Rank?

Chien Shing Harbour Service Co has the GF Value Rank of 10.

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 Chien Shing Harbour Service Co's GF Value Rank

For the Marine Shipping subindustry, Chien Shing Harbour Service 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.

Chien Shing Harbour Service Co's GF Value Rank Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Chien Shing Harbour Service Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Chien Shing Harbour Service Co's GF Value Rank falls into.

Chien Shing Harbour Service Co GF Value Rank Related Terms

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

Chien Shing Harbour Service Co (TPE:8367) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Chien Shing Harbour Service Co Ltd (TPE:8367) » Definitions » GF Value Rank

Traded in Other Exchanges

N/A

Address

No. 150, Section 9, Taiwan Avenue, Wuqi District, Taichung, TWN, 435

Website

https://www.chienshing.com.tw

Chien Shing Harbour Service Co Ltd is a Taiwan-based shipping company. Its main business activities include warehousing service, operation of gas stations, sale of gasoline and diesel, operation of convenience stores, automobile cargo transportation, automobile container transport, container leasing, operation of the container terminal, customs brokerage, and vessel stevedoring service. The group has four operating segments - The warehousing segment, the Customs brokerage department, the Transportation segment and the Vessel stevedoring segment. The majority is from the vessel stevedoring segment, which is responsible for stevedoring of break bulk cargo for businesses and shipping companies locally and abroad.

Chien Shing Harbour Service Co (TPE:8367) Headlines

No Headlines