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Pacific Ridge Exploration (TSXV:PEX) GF Value Rank : 0 (As of Jun. 01, 2024)


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What is Pacific Ridge Exploration GF Value Rank?

Pacific Ridge Exploration 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.

Pacific Ridge Exploration GF Value Rank Related Terms

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Pacific Ridge Exploration (TSXV:PEX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Pacific Ridge Exploration Ltd (TSXV:PEX) » Definitions » GF Value Rank
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Traded in Other Exchanges
PEXZF:USA PQWN:Germany
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Website
https://www.pacificridgeexploration.com
Pacific Ridge Exploration Ltd is an exploration stage company engaged in the acquisition and exploration of mineral properties in Canada and the United States. The company explores zinc and gold deposits. Its projects portfolio includes White Gold property located in Yukon that includes Mariposa, Gold Cap, and Eureka Dome; Fyre Lake property located in Yukon and Spius property located in British Columbia.
Executives
Salvador Miranda Senior Officer
Arie Alisen Page Senior Officer

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