Great Tang Bid Technology (Great Tang Bid Technology) GF Value Rank : 0 (As of Jun. 09, 2024)

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What is Great Tang Bid Technology GF Value Rank?

Great Tang Bid Technology 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.

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Great Tang Bid Technology (Great Tang Bid Technology) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Great Tang Bid Technology Inc (OTCPK:GTBT) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 West Liberty Street, Suite 880, Reno, NV, USA, 89501

Website

http://espchem.com

Great Tang Bid Technology Inc formerly ESP Resources Inc through its subsidiaries manufacture, blends, distributes and markets specialty chemicals and analytical services to the oil and gas industry. The company provides services for the upstream and downstream sectors of the energy industry, including new construction, onshore and offshore production, gathering, refining facilities and pipelines. Its products include analysis and formulation products, production chemicals and completion chemicals. The firm operates in the United States of America.

Executives

Robert H Geiges	officer: Chief Financial Officer	9224 N LONGFEATHER, FOUNTAIN HILLS AZ 85268
David Dugas	director, officer: Chief Executive Officer	1255 LIONS CLUB ROAD, SCOTT LA 70583
William M Cox	director	111 LIONS CLUB STREET, SCOTT LA 70583
Tony Primeaux	director, officer: Vice-President	111 LIONS CLUB STREET, SCOTT LA 70583
Christopher Sean Metcalf	director, officer: President and CEO	815-A BRAZOS ST., #322, AUSTIN TX 78701
Celine Totman	director, officer: Secretary Treasurer	3316 WEST 1ST AVENUE, VANCOUVER A1 V6R 1G4
Peter Hughes	director, officer: President and CEO	3316 WEST 1ST AVENUE, VANCOUVER A1 V6R 1G4

Great Tang Bid Technology (Great Tang Bid Technology) Headlines

From GuruFocus

Great Tang Bid Technology, Inc. Announces Letter of Intent to Acquire Great Tang Digital Limited of Hong Kong

By ACCESSWIRE ACCESSWIRE • 01-20-2022