ASTO (Astro Communications) Beta: 0.6649 (As of Jun. 26, 2026)


What is Astro Communications Beta?

Astro Communications ASTO Beta is 0.6649 as of Jun. 26, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Astro Communications's Beta is 0.6649.

Astro Communications  (OTCPK:ASTO) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Astro Communications Beta Related Terms

Astro Communications Beta Historical Data

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The historical data trend for Astro Communications's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Astro Communications Beta Chart

Astro Communications Annual Data
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Astro Communications Quarterly Data
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ASTO vs BOXS, VEND, PMTS: Beta Comparison

For the Electrical Equipment & Parts subindustry, Astro Communications's Beta, along with its competitors' market caps and Beta 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.

Astro Communications Beta vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Astro Communications's Beta distribution charts can be found below:

* The bar in red indicates where Astro Communications's Beta falls into.


Astro Communications Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 0.6649 mean?
Astro Communications (ASTO) has a Beta of 0.6649 as of Jun. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Astro Communications and its competitors.
Is Astro Communications' Beta too high?
Astro Communications' current Beta is 0.6649.
How does Astro Communications' Beta compare to BOXS and VEND?
Astro Communications' Beta of 0.6649 can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for an Industrial Products company?
A good Beta depends on the Industrial Products industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Astro Communications and its competitors. Astro Communications's current Beta is 0.6649. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Astro Communications stock overvalued right now?
Astro Communications (ASTO) has a current Beta of 0.6649. The current Beta is 0.6649. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Astro Communications (ASTO), the current Beta is 0.6649 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Astro Communications Business Description

Address 59 North 5th Street, Saddle Brook, NJ, USA, 07663
Astro Communications Inc is engaged in the business of designing and manufacturing strobe lights for industrial surface inspection systems. The company operates through its subsidiaries Unilux, Inc, Astro Well Servicing Inc, and Unilux GmbH. The product portfolio includes handheld strobes, fixed-mount strobes, UV strobes, specialty strobes, and edge tech.