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China Bester Group Telecom Co (SHSE:603220) GF Value Rank : 1 (As of Jun. 06, 2024)


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What is China Bester Group Telecom Co GF Value Rank?

China Bester Group Telecom Co has the GF Value Rank of 1.

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 China Bester Group Telecom Co's GF Value Rank

For the Telecom Services subindustry, China Bester Group Telecom 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.


China Bester Group Telecom Co's GF Value Rank Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Bester Group Telecom Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where China Bester Group Telecom Co's GF Value Rank falls into.



China Bester Group Telecom Co GF Value Rank Related Terms

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China Bester Group Telecom Co (SHSE:603220) Business Description

Traded in Other Exchanges
N/A
Address
No. 25, Jiangxing Road, Building C, Jianghan Economic Development Zone, Wuhan, Hubei, CHN, 430023
China Bester Group Telecom Co Ltd formerly known as Wuhan Bester Group Telecom Co Ltd is specialized in communications network technology services. It is engaged in planning, design, construction, maintenance, and optimization of communications networks for telecom operators in China. It offers full-service information solutions for governments, industries and enterprises. Further it offers personalized information services to the public.
Executives
Feng Gang Director
Yu Shi Liang senior management
Li Yun Directors, senior managers
Li Liu Bing Directors, senior managers
Li Wei Jian senior management
Tang Hai Bin Supervisors
Wu Yan Qin Director
Rao You Gen senior management
Cheng De Song senior management

China Bester Group Telecom Co (SHSE:603220) Headlines

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