Xinjiang Beiken Energy Engineering Co (SZSE:002828) GF Value Rank : 5 (As of May. 26, 2024)

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What is Xinjiang Beiken Energy Engineering Co GF Value Rank?

Xinjiang Beiken Energy Engineering Co has the GF Value Rank of 5.

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 Xinjiang Beiken Energy Engineering Co's GF Value Rank

For the Oil & Gas Drilling subindustry, Xinjiang Beiken Energy Engineering 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.

Xinjiang Beiken Energy Engineering Co's GF Value Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Xinjiang Beiken Energy Engineering Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Xinjiang Beiken Energy Engineering Co's GF Value Rank falls into.

Xinjiang Beiken Energy Engineering Co GF Value Rank Related Terms

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Xinjiang Beiken Energy Engineering Co (SZSE:002828) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Xinjiang Beiken Energy Engineering Co Ltd (SZSE:002828) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.91, Gateway Road, Baijiantan District, Xinjiang Uygur Autonomous Region, Karamay, CHN, 834009

Website

http://www.beiken.com

Xinjiang Beiken Energy Engineering Co Ltd provides drilling engineering technical service and other oilfield technical services in the procedure of gas and oil exploration and development. It offers drilling, cementing, and drilling fluid service.

Executives

Zhang Zhi Qiang	Supervisors
Wu Yun Yi	Director
Jiang Li	Secretary, Director
Liu Xin	Supervisors
Dai Mei Qiong	Director
Li Qing Shan	Director
	Secretary Dong
Chen Ping Gui	Directors, executives
Ding Zhan	Securities Affairs Representative

Xinjiang Beiken Energy Engineering Co (SZSE:002828) Headlines

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