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Vectren (Vectren) GF Value Rank : 0 (As of May. 05, 2024)


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What is Vectren GF Value Rank?

Vectren 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.


Vectren GF Value Rank Related Terms

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Vectren (Vectren) Business Description

Traded in Other Exchanges
N/A
Address
Vectren Corp is an energy holding company whose principal business is the ownership of energy utility companies in the American state of Indiana. Vectren Corp has three wholly owned subsidiaries: Indiana Gas Company, Southern Indiana Gas and Electric Company (SIGECO), and Vectren Energy Delivery of Ohio (VEDO). The company derives roughly half of its total revenue from both the natural gas and electricity distribution services provided by SIGECO and VEDO to primarily residential and commercial consumers in Indiana. Vectren Corp's Infrastructure Services business represents the other half of its total revenue generation. Within this unit, the company provides underground pipeline construction and repair services to utilities companies, such as its own subsidiaries.
Executives
Teresa J. Tanner director 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263
Michael L Smith director C/O AGILON HEALTH, INC., 6210 E HWY 290, SUITE 450, AUSTIN TX 78723
M Susan Hardwick officer: EVP & Chief Financial Officer C/O AMERICAN WATER WORKS COMPANY, INC., 1 WATER STREET, CAMDEN NJ 08102-1658
Robert G Jones director OLD NATIONAL BANCORP, ONE MAIN STREET, EVANSVILLE IN 47708
Jean L Wojtowicz director C/O VECTREN CORP, 20 NW FOURTH STREET, EVANVILLE IN 47711
Anton H George director C/O VECTREN CORP, 20 NW FOURTH STREET, EVANVILLE IN 47711
Degraffenreidt James H Jr director 1100 H ST NW, WASHINGTON DC 20080
Martin C Jischke director 1031 HOVDE HALL, W LAFAYETTE IN 47907
Niel C Ellerbrook director C/O OLD NATIONAL BANCORP, ONE MAIN STREET, EVANVILLE IN 47708
William G Mays director WELLPOINT, INC, 120 MONUMENT CIRCLE, INDIANAPOLIS IN 46204
Koch Robert L Ii director

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