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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-06), Banpu PCL's Beta is 0.9589.
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)
Banpu PCL Beta Related Terms
Banpu PCL Beta Historical Data
* Premium members only.
The historical data trend for Banpu PCL'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.
For the Utilities - Independent Power Producers subindustry, Banpu PCL'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.
Banpu PCL Beta vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Banpu PCL's Beta distribution charts can be found below:
* The bar in red indicates where Banpu PCL'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.
Banpu PCL (BKK:BANPU) has a Beta of 0.9589 as of Aug. 06, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Banpu PCL and its competitors.
Is Banpu PCL's Beta too high?
Banpu PCL's current Beta is 0.9589. Overall, Banpu PCL has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Banpu PCL's Beta compare to CEG and VST?
Banpu PCL's Beta of 0.9589 can be compared against companies in the Utilities - Independent Power Producers 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 - Independent Power Producers company?
A good Beta depends on the Utilities - Independent Power Producers 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 Banpu PCL and its competitors. Banpu PCL's current Beta is 0.9589. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Banpu PCL stock overvalued right now?
Based on GuruFocus' analysis, Banpu PCL (BKK:BANPU) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿11.77, compared to a current price of ฿15.10 — trading 28.3% above its estimated fair value. The current Beta is 0.9589. Banpu PCL's overall GF Score™ is 81/100 with 8 warning signs 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 Banpu PCL (BKK:BANPU), the current Beta is 0.9589 as of Aug. 06, 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.
Is Banpu PCL (BKK:BANPU) Overvalued in 2026?
Based on GuruFocus' analysis, Banpu PCL stock appears to be overvalued.
The current stock price of ฿15.10 is trading 28.3% above its estimated GF Value™ of ฿11.77.
GuruFocus considers Banpu PCL to be Modestly Overvalued.
Key valuation signals for BKK:BANPU:
Beta: 0.9589
GF Value™: ฿11.77 vs. price of ฿15.10 (28.3% above fair value)
No single metric tells the full story. See the BKK:BANPU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Banpu Power PCL is engaged in investments in power businesses in Thailand and overseas. The business activities of the group include the generation and sale of electricity and other related business. The company's business segments include Power+: Power generation from thermal and renewable energy sources, both domestically and internationally. Second segment being Future Tech: Battery energy storage systems, solar rooftop and floating solar systems, battery production, energy trading, e-mobility, and energy efficiency businesses. Geographically, the company has its presence in the United States which is the key revenue driver, China, and other regions.
81GF Score
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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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