GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » GCL New Energy Holdings Ltd (HKSE:00451) » Definitions » GF Value Rank

GCL New Energy Holdings (HKSE:00451) GF Value Rank : 0 (As of Jun. 08, 2024)


View and export this data going back to 1992. Start your Free Trial

What is GCL New Energy Holdings GF Value Rank?

GCL New Energy Holdings 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.


GCL New Energy Holdings GF Value Rank Related Terms

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


GCL New Energy Holdings (HKSE:00451) Business Description

Traded in Other Exchanges
Address
28 Xinqing Road, Industrial Park, GCL New Energy Center, Suzhou, CHN
GCL New Energy Holdings Ltd is an investment holding company that engages in the sale of electricity and development, construction, operation, and management of solar power plants. The company generates nearly all of its revenue from China.
Executives
Elite Time Global Limited
Asia Pacific Energy Fund Limited
Credit Suisse Trust Limited
Dongsheng Photovoltaic Technology (hong Kong) Limited
Gcl Technology Holdings Limited
Zhu Gongshan
Zhu Yufeng
Xie Xin Ji Cheng Ke Ji Gu Fen You Xian Gong Si
Invesco Exchange-traded Fund Trust Ii - Invesco Solar Etf 2106 Person having a security interest in shares
Invesco Capital Management Llc 2102 Investment manager
The Bank Of New York Mellon Corporation 2201 Interest of corporation controlled by you
Shang Hai Qi Xun Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Ying Kou Qi Yin Tou Zi Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang Su Xie Xin Jian She Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Ju Rong Xie Xin Ji Cheng Ke Ji You Xian Gong Si 2201 Interest of corporation controlled by you

GCL New Energy Holdings (HKSE:00451) Headlines

No Headlines