Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-05), Beijing Gas Blue Sky Holdings's Beta is -7.0941.
Beijing Gas Blue Sky Holdings (OTCPK:BJGBF) 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)
Beijing Gas Blue Sky Holdings Beta Related Terms
Beijing Gas Blue Sky Holdings Beta Historical Data
* 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.
For the Utilities - Regulated Gas subindustry, Beijing Gas Blue Sky Holdings'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.
Beijing Gas Blue Sky Holdings Beta vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Beijing Gas Blue Sky Holdings's Beta distribution charts can be found below:
* The bar in red indicates where Beijing Gas Blue Sky Holdings's Beta falls into.
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.
Beijing Gas Blue Sky Holdings (BJGBF) has a Beta of -7.0941 as of Aug. 05, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Beijing Gas Blue Sky Holdings and its competitors.
Is Beijing Gas Blue Sky Holdings' Beta too high?
Beijing Gas Blue Sky Holdings' current Beta is -7.0941.
How does Beijing Gas Blue Sky Holdings' Beta compare to ATO and NI?
Beijing Gas Blue Sky Holdings' Beta of -7.0941 can be compared against companies in the Utilities - Regulated 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 Utilities - Regulated company?
A good Beta depends on the Utilities - Regulated 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 Beijing Gas Blue Sky Holdings and its competitors. Beijing Gas Blue Sky Holdings's current Beta is -7.0941. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Gas Blue Sky Holdings stock overvalued right now?
Based on GuruFocus' analysis, Beijing Gas Blue Sky Holdings (BJGBF) is currently considered Fairly Valued. The stock's GF Value™ is $0.01, compared to a current price of $0.01 — trading right at its estimated fair value. The current Beta is -7.0941. 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 Beijing Gas Blue Sky Holdings (BJGBF), the current Beta is -7.0941 as of Aug. 05, 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.
Beijing Gas Blue Sky Holdings Ltd is engaged in distribution and sales of natural gas to residential, industrial and commercial users through pipelines, the sale of gas-related equipment and the provision of pipeline construction services, operation of compressed natural gas and liquefied natural gas, refueling stations for vehicles and related value-added service such as repair and maintenance services; trading and distribution of CNG, LNG, fuel oil and other related oil by-products as a wholesaler to industrial and commercial users, and direct LNG supply to industrial users through direct supply facilities; development and operation of integrated clean energy and new energy business. The group's operations are based in the PRC, including Hong Kong.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BJGBF has been successfully added to your 
