Sugal & Damani Share Brokers (BOM:511654) GF Value Rank : 10 (As of May. 24, 2024)

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What is Sugal & Damani Share Brokers GF Value Rank?

Sugal & Damani Share Brokers has the GF Value Rank of 10.

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 Sugal & Damani Share Brokers's GF Value Rank

For the Capital Markets subindustry, Sugal & Damani Share Brokers'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.

Sugal & Damani Share Brokers's GF Value Rank Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sugal & Damani Share Brokers's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Sugal & Damani Share Brokers's GF Value Rank falls into.

Sugal & Damani Share Brokers GF Value Rank Related Terms

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Sugal & Damani Share Brokers (BOM:511654) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sugal & Damani Share Brokers Ltd (BOM:511654) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.7, Anna Salai, City Centre Plaza, 1st floor, Chennai, TN, IND, 600002

Website

https://www.sugalshare.com

Sugal & Damani Share Brokers Ltd provides share broking services in India. It engages in the brokerage and distribution of equities, commodities; and provision of Internet trading, depository, FPOs underwriting and broking, and other financial and advisory services. The Company operates only in one segment of business which is Share Broking. The company also provides brokerage and distribution of equities, commodity trading, equity and derivatives trading, depository services and online trading services.

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