Cho Thavee PCL (BKK:CHO) Beta: 0.4844 (As of Jul. 09, 2026)


What is Cho Thavee PCL Beta?

Cho Thavee PCL BKK:CHO Beta is 0.4844 as of Jul. 09, 2026. The stock has 6 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-09), Cho Thavee PCL's Beta is 0.4844.

Cho Thavee PCL  (BKK:CHO) 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)

Cho Thavee PCL Beta Related Terms

Cho Thavee PCL Beta Historical Data

* Premium members only.

The historical data trend for Cho Thavee 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.

Cho Thavee PCL Beta Chart

Cho Thavee PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 1.21 1.19 0.00 1.68

Cho Thavee PCL Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.89 1.68 1.88 2.12 0.95

BKK:CHO vs CAT, DE, PCAR: Beta Comparison

For the Farm & Heavy Construction Machinery subindustry, Cho Thavee 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.

Cho Thavee PCL Beta vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Cho Thavee PCL's Beta distribution charts can be found below:

* The bar in red indicates where Cho Thavee PCL's Beta falls into.


Cho Thavee PCL 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 0.4844 mean?
Cho Thavee PCL (BKK:CHO) has a Beta of 0.4844 as of Jul. 09, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Cho Thavee PCL and its competitors.
Is Cho Thavee PCL's Beta too high?
Cho Thavee PCL's current Beta is 0.4844.
How does Cho Thavee PCL's Beta compare to CAT and DE?
Cho Thavee PCL's Beta of 0.4844 can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good Beta depends on the Farm & Heavy Construction Machinery 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 Cho Thavee PCL and its competitors. Cho Thavee PCL's current Beta is 0.4844. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cho Thavee PCL stock overvalued right now?
Based on GuruFocus' analysis, Cho Thavee PCL (BKK:CHO) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.05, compared to a current price of ฿0.02 — trading 60% below its estimated fair value. The current Beta is 0.4844. 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 Cho Thavee PCL (BKK:CHO), the current Beta is 0.4844 as of Jul. 09, 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.

Cho Thavee PCL Business Description

Address 265 Moo 4, Klang Muang Road, Tambol Muang Khao, Amphur Muang, Khon Kaen, THA, 40000
Cho Thavee PCL along with its subsidiaries engages in the manufacturing, selling and providing service of trailer assembly, vehicles, and special equipment. The company's products comprise standard products, which include trucks, semi-trailer, full-trailer; and other related products. Its segments include deriving revenue from contracts such as standard products, special products and project contract; revenue from sales such as the sale of spare parts and vehicle prototype; and revenue from service such as maintenance service centre. The group has a business presence in Thailand and other countries, of which a majority of revenue is derived from Thailand.