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Petrogress (Petrogress) GF Value Rank : 0 (As of May. 17, 2024)


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What is Petrogress GF Value Rank?

Petrogress 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.


Petrogress GF Value Rank Related Terms

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Petrogress (Petrogress) Business Description

Traded in Other Exchanges
N/A
Address
c/o: 1, Akti Xaveriou, 5th Floor, Piraeus, GRC, 18538
Petrogress Inc is an integrated energy company. It operates through its subsidiaries. The company has two segments: The downstream segment comprises refining crude oil into petroleum products, marketing of crude oil and refined products; marine transportation, marketing, and retailing of Gas Oil, Naphtha, Fuels, and lubricants; and the Midstream segment. The company's products and services include Crude Oil, Gas Oil, Naphtha, IFO, Lubricants, and Ships voyages. The majority of the company's revenue is generated from Crude oil sales.
Executives
Christos P Traios director, 10 percent owner, officer: President, CEO and CFO 10, SP. TRIKOUPI STREET, PIRAEUS J3 18538
Demetrios Z. Pierides director 4, ZENO KITIEFS STREET, LARNACA A7 6023
Barry S Hollander officer: Chief Financial Officer 319 CLEMATIS ST, SUITE 812, WEST PALM BEACH FL 33401
Barry Michael Friedman director, 10 percent owner, officer: President 319 CLEMATIS STREET, SUITE 1008, WEST PALM BEACH FL 33401