Crest Ventures (BOM:511413) GF Value Rank : 4 (As of Jun. 06, 2024)

View and export this data going back to 2001. Start your Free Trial

What is Crest Ventures GF Value Rank?

Crest Ventures has the GF Value Rank of 4.

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 Crest Ventures's GF Value Rank

For the Financial Conglomerates subindustry, Crest Ventures'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.

Crest Ventures's GF Value Rank Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Crest Ventures's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Crest Ventures's GF Value Rank falls into.

Crest Ventures GF Value Rank Related Terms

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

Crest Ventures (BOM:511413) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Crest Ventures Ltd (BOM:511413) » Definitions » GF Value Rank

Traded in Other Exchanges

CREST:India

Address

111, Maker Chambers IV, Nariman Point, 11th Floor, Mumbai, MH, IND, 400021

Website

https://www.crest.co.in

Crest Ventures Ltd is a non-banking finance company. Its operating segment includes Broking and intermediary activities; Real estate and related activities; Investing and financial activities and Others. Broking and intermediary services includes broking and related intermediary services in the wholesale debt market, foreign exchange markets, options and swaps, mutual fund and portfolio management services. Investing and financial services of the group includes investing in subsidiary, associates , joint ventures and other entities, dealing in fixed income securities market and advancing of inter-corporate loans.

Crest Ventures (BOM:511413) Headlines

No Headlines