Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Sri Trang Gloves Thailand PCL's Beta is 0.7564.
Sri Trang Gloves Thailand PCL (BKK:STGT) 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)
Sri Trang Gloves Thailand PCL Beta Related Terms
Sri Trang Gloves Thailand PCL 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 Specialty Chemicals subindustry, Sri Trang Gloves Thailand 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.
Sri Trang Gloves Thailand PCL Beta vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Sri Trang Gloves Thailand PCL's Beta distribution charts can be found below:
* The bar in red indicates where Sri Trang Gloves Thailand 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.
Sri Trang Gloves Thailand PCL (BKK:STGT) has a Beta of 0.7564 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 Sri Trang Gloves Thailand PCL and its competitors.
Is Sri Trang Gloves Thailand PCL's Beta too high?
Sri Trang Gloves Thailand PCL's current Beta is 0.7564. Overall, Sri Trang Gloves Thailand PCL has a GF Score™ of 64/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sri Trang Gloves Thailand PCL's Beta compare to LIN and SHW?
Sri Trang Gloves Thailand PCL's Beta of 0.7564 can be compared against companies in the Chemicals 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 Chemicals company?
A good Beta depends on the Chemicals 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 Sri Trang Gloves Thailand PCL and its competitors. Sri Trang Gloves Thailand PCL's current Beta is 0.7564. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sri Trang Gloves Thailand PCL stock overvalued right now?
Based on GuruFocus' analysis, Sri Trang Gloves Thailand PCL (BKK:STGT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿4,409.00, compared to a current price of ฿10.10 — trading 99.8% below its estimated fair value. The current Beta is 0.7564. Sri Trang Gloves Thailand PCL's overall GF Score™ is 64/100 with 4 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 Sri Trang Gloves Thailand PCL (BKK:STGT), the current Beta is 0.7564 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.
Is Sri Trang Gloves Thailand PCL (BKK:STGT) Overvalued in 2026?
Based on GuruFocus' analysis, Sri Trang Gloves Thailand PCL stock appears to be undervalued.
The current stock price of ฿10.10 is trading 99.8% below its estimated GF Value™ of ฿4,409.00.
GuruFocus considers Sri Trang Gloves Thailand PCL to be Possible Value Trap.
Key valuation signals for BKK:STGT:
Beta: 0.7564
GF Value™: ฿4,409.00 vs. price of ฿10.10 (99.8% below fair value)
No single metric tells the full story. See the BKK:STGT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Sri Trang Gloves Thailand PCL Business Description
Sri Trang Gloves Thailand PCL manufactures and distributes rubber gloves. The company manufactures natural latex and nitrile examination gloves as well as general-purpose disposable gloves, both powdered and powder-free. There are two reportable segments such as Gloves and Other businesses. Gloves segment which also generates the majority of the revenue, manufactures and sells powdered, powder-free, and nitrile latex gloves. The other businesses segment includes the Engineering business which is engaged in the engineering services including research and development of machinery and production processes, and also providing information system services and the Financial asset management and financial investment. It Operates in Asia, North America, South America, Europe.
64GF Score
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