Bank of New York Mellon (Bank of New York Mellon) GF Value Rank : 5 (As of Apr. 24, 2024)

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What is Bank of New York Mellon GF Value Rank?

Bank of New York Mellon has the GF Value Rank of 5.

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 Bank of New York Mellon's GF Value Rank

For the Asset Management subindustry, Bank of New York Mellon'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.

Bank of New York Mellon's GF Value Rank Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bank of New York Mellon's GF Value Rank distribution charts can be found below:

* The bar in red indicates where Bank of New York Mellon's GF Value Rank falls into.

Bank of New York Mellon GF Value Rank Related Terms

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Bank of New York Mellon (Bank of New York Mellon) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Bank of New York Mellon Corp (NYSE:BK) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

BN9:Germany BN9:Germany BONY34:Brazil BK:Argentina

Address

240 Greenwich Street, New York, NY, USA, 10286

Website

https://www.bnymellon.com

BNY Mellon is a global investment company involved in managing and servicing financial assets throughout the investment lifecycle. The bank provides financial services for institutions, corporations, and individual investors and delivers investment management and investment services in 35 countries and more than 100 markets. BNY Mellon is the largest global custody bank in the world, with about $44.3 trillion in under custody and administration (as of Dec. 31, 2022), and can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute, or restructure investments. BNY Mellon's asset-management division manages about $1.8 trillion in assets.

Executives

Catherine Keating	officer: Sr. Exec. Vice President	75 STATE ST, BOSTON MA 02109
Hanneke Smits	officer: Sr. Exec. Vice President	160 QUEEN VICTORIA STREET, THE BANK OF NEW YORK MELLON CENTRE, LONDON X0 EC4V 4LA
Jayee Koffey	officer: Sr. Exec. Vice President	240 GREENWICH STREET, NEW YORK NY 10286
Kurtis R. Kurimsky	officer: Acting Controller	225 LIBERTY STREET, NEW YORK NY 10286
J Kevin Mccarthy	director, officer: SEVP & General Counsel	THE BANK OF NEW YORK MELLON CORPORATION, 225 LIBERTY STREET, NEW YORK NY 10286
Dermot Mcdonogh	officer: Sr. Executive Vice President	240 GREENWICH STREET, NEW YORK NY 10286
Thomas P Gibbons	officer: Sr. Executive Vice President	THE BANK OF NEW YORK MELLON CORPORATION, 225 LIBERTY STREET, NEW YORK NY 10286
Sandie O'connor	director	C/O TEREX CORPORATION, 200 NYALA FARM ROAD, WESTPORT CT 06880
La Salla Francis J.	officer: Sr. Executive Vice President	101 BARCLAY STREET, NEW YORK NY 10286
Jeffrey D Landau	officer: Sr. Exec Vice President	200 PARK AVENUE, NEW YORK NY 10166
Marguerite Amy Gilliland	director	2941 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Kumara Guru Gowrappan	director	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Robin A. Vince	officer: Vice Chair	240 GREENWICH STREET, `, NEW YORK NY 10286
Ralph Izzo	director	PSEG 80 PARK PLAZA, T6B NEWARK NJ 07102-4194
Mitchell E. Harris	officer: Sr. Executive Vice President	225 LIBERTY STREET, NEW YORK NY 10286