Broken Hill Mines (ASX:BHM) Beta: 1.1230 (As of Jun. 25, 2026)


ASX:BHM Broken Hill Mines Ltd ASX:BHM
33 GF Score
Price A$0.61
! 1 Warning Sign
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What is Broken Hill Mines Beta?

Broken Hill Mines ASX:BHM 33 Beta is 1.1230 as of Jun. 25, 2026. GuruFocus rates ASX:BHM with a GF Score™ of 33/100. The stock has 1 warning sign investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Broken Hill Mines's Beta is 1.1230.

Broken Hill Mines  (ASX:BHM) 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)

Broken Hill Mines Beta Related Terms

Broken Hill Mines Beta Historical Data

* Premium members only.

The historical data trend for Broken Hill Mines'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.

Broken Hill Mines Beta Chart

Broken Hill Mines Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Beta
0.00 0.00 0.00 0.32

Broken Hill Mines Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Beta Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 0.32 -0.39

ASX:BHM vs HL: Beta Comparison

For the Other Precious Metals & Mining subindustry, Broken Hill Mines'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.

Broken Hill Mines Beta vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Broken Hill Mines's Beta distribution charts can be found below:

* The bar in red indicates where Broken Hill Mines's Beta falls into.


ASX:BHM
33GF Score
Broken Hill Mines Ltd ASX:BHM
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Broken Hill Mines 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 1.1230 mean?
Broken Hill Mines (ASX:BHM) has a Beta of 1.1230 as of Jun. 25, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Broken Hill Mines and its competitors.
Is Broken Hill Mines' Beta too high?
Broken Hill Mines' current Beta is 1.1230. Overall, Broken Hill Mines has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Broken Hill Mines' Beta compare to HL?
Broken Hill Mines' Beta of 1.1230 can be compared against companies in the Metals & Mining 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 a Metals & Mining company?
A good Beta depends on the Metals & Mining 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 Broken Hill Mines and its competitors. Broken Hill Mines's current Beta is 1.1230. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Broken Hill Mines stock overvalued right now?
Broken Hill Mines (ASX:BHM) has a current Beta of 1.1230. The current Beta is 1.1230. Broken Hill Mines' overall GF Score™ is 33/100 with 1 warning sign to review. 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 Broken Hill Mines (ASX:BHM), the current Beta is 1.1230 as of Jun. 25, 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.

Broken Hill Mines Business Description

Address 216 Street Georges Terrace, Level 8, London House, Perth, WA, AUS, 6000
Broken Hill Mines Ltd is a mineral exploration company. It operates two mines, Rasp Mine is an operating silver-lead-zinc mine located in Broken Hill, NSW; and the Pinnacles Mine.
33GF Score

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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.61
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