Top Resource Energy Co (SZSE:300332) GF Value Rank : 2 (As of Jun. 03, 2024)

View and export this data going back to 2012. Start your Free Trial

What is Top Resource Energy Co GF Value Rank?

Top Resource Energy Co has the GF Value Rank of 2.

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 Top Resource Energy Co's GF Value Rank

For the Utilities - Diversified subindustry, Top Resource Energy 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.

Top Resource Energy Co's GF Value Rank Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Top Resource Energy Co's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Top Resource Energy Co's GF Value Rank falls into.

Top Resource Energy Co GF Value Rank Related Terms

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

Top Resource Energy Co (SZSE:300332) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Top Resource Energy Co Ltd (SZSE:300332) » Definitions » GF Value Rank

Traded in Other Exchanges

N/A

Address

No. 6, Chaoyangmenwai Street, Room 2201, Building 2, Floor 22, Chaoyang, Beijing, CHN, 100020

Website

https://www.trce.com.cn

Top Resource Energy Co Ltd is engaged in Natural gas supply and pipeline operation, water treatment engineering services, research and development, production and sales of membrane products, waste heat power generation and energy saving, flue gas treatment investment and engineering technical services.

Executives

Chen Zuo Tao	Directors, executives
Wen Lei Yun	Executives
Wu Hong Mei	Director
Li Xue Jun	Executives
Li Yu Long	Executives
Wang Zu Feng	Executives
Zhang Hong Tao	Directors, Directors, and Executives
Hu Fan	Executives
Yan Bing	Executives
Wang Jian Jun	Directors, executives
Zheng Chun Lei	Executives
Cheng Yan	Securities Affairs Representative
Li Jiang Bing	Executives
Shi Qing Xi	Executives
Chen Lei	Executives

Top Resource Energy Co (SZSE:300332) Headlines

No Headlines