Precision Optics (Precision Optics) GF Value Rank : 9 (As of May. 16, 2024)

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What is Precision Optics GF Value Rank?

Precision Optics has the GF Value Rank of 9.

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 Precision Optics's GF Value Rank

For the Medical Instruments & Supplies subindustry, Precision Optics'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.

Precision Optics's GF Value Rank Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Precision Optics's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Precision Optics's GF Value Rank falls into.

Precision Optics GF Value Rank Related Terms

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

Precision Optics (Precision Optics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Precision Optics Corp Inc (NAS:POCI) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

N/A

Address

22 East Broadway, Gardner, MA, USA, 01440

Website

https://www.poci.com

Precision Optics Corp Inc is engaged in designing, developing, and manufacturing advanced optical instruments. It manufactures medical products such as endoscopes and endocouplers which incorporate various optical technologies for use in a variety of minimally invasive surgical and diagnostic procedures. The company also produces endoscopes for various applications as well as designs and manufactures custom optical medical devices to satisfy customers' specific requirements. In addition, the company manufactures and sells components and assemblies specially designed for industrial and military use. The company earns the majority of its revenue from the United States.

Executives

Wayne M Coll	officer: Chief Financial Officer
Mahesh Lawande	officer: Chief Operating Officer	14 PUTNAM ROAD, ACTON MA 01720
Edward Kevin Dahill	officer: Interim CFO	137 HOLLOW TREE RIDGE ROAD, DARIEN CT 06820
Peter V. Anania	director, 10 percent owner	C/O PRECISION OPTICS CORPORATION, INC., 22 EAST BROADWAY, GARDNER MA 01440
Norman H Pessin	10 percent owner	C/O LEVY, HARKINS & CO., INC., 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Sandra F Pessin	10 percent owner	C/O NORMAN PESSIN, 366 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Brian L. Pessin	10 percent owner	310 EAST 75TH STREET, APT. 2A, NEW YORK NY 10021
Jeffrey Dirubio	officer: VP of Sales and Marketing	22 EAST BROADWAY, GARDNER MA 01440
Stuart Steinberg	10 percent owner	85 BELLEVUE AVENUE, RYE NY 10580
Daniel S Habhegger	officer: Chief Financial Officer	22 EAST BROADWAY, GARDNER MA 01440
Divaker Mangadu	officer: Pres., Ross Optical Division	22 EAST BROADWAY, GARDNER MA 01440
Hershey Strategic Capital, Lp	10 percent owner	C/O HERSHEY STRATEGIC CAPITAL GP, LLC, 6 POMPANO ROAD, RUMSON NJ 07760
Peter H Woodward	director	30 WEST 63RD STREET, SUITE 18G, NEW YORK NY 10023
Andrew J Miclow	director	C/O PRECISION OPTICS CORPORATION INC., 22 EAST BROADWAY, GARDNER MA 01440
Awm Investment Company, Inc.	10 percent owner	527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022