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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-09-10), Thai Group Holdings PCL's Beta is -0.2126.
Thai Group Holdings PCL (BKK:TGH) 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)
* 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 Insurance - Diversified subindustry, Thai Group Holdings 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.
Thai Group Holdings PCL Beta vs Insurance Industry
For the Insurance industry and Financial Services sector, Thai Group Holdings PCL's Beta distribution charts can be found below:
* The bar in red indicates where Thai Group Holdings 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.
Thai Group Holdings PCL (BKK:TGH) has a Beta of -0.2126 as of Sep. 10, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Thai Group Holdings PCL and its competitors.
Is Thai Group Holdings PCL's Beta too high?
Thai Group Holdings PCL's current Beta is -0.2126. Overall, Thai Group Holdings PCL has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Group Holdings PCL's Beta compare to BRK.A and AIG?
Thai Group Holdings PCL's Beta of -0.2126 can be compared against companies in the Insurance 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 Insurance company?
A good Beta depends on the Insurance 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 Thai Group Holdings PCL and its competitors. Thai Group Holdings PCL's current Beta is -0.2126. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Group Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Group Holdings PCL (BKK:TGH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿12.55, compared to a current price of ฿10.70 — trading 14.7% below its estimated fair value. The current Beta is -0.2126. Thai Group Holdings PCL's overall GF Score™ is 60/100 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 Thai Group Holdings PCL (BKK:TGH), the current Beta is -0.2126 as of Sep. 10, 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 Thai Group Holdings PCL (BKK:TGH) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Group Holdings PCL stock appears to be undervalued.
The current stock price of ฿10.70 is trading 14.7% below its estimated GF Value™ of ฿12.55.
GuruFocus considers Thai Group Holdings PCL to be Modestly Undervalued.
Key valuation signals for BKK:TGH:
Beta: -0.2126
GF Value™: ฿12.55 vs. price of ฿10.70 (14.7% below fair value)
No single metric tells the full story. See the BKK:TGH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Group Holdings PCL is a Thailand-based holding company. The principal activities of the group are underwriting life assurance, underwriting non-life insurance, leasing, hire purchase services, lending, and sales of second-hand cars. It operates in four segments: Life Insurance business, Non - Life insurance business, Financial service business, and Other businesses. The vast majority of the revenues are generated from the Life insurance business segment. The company is managed and operates principally in Thailand.
60GF Score
Get the complete analysis for BKK:TGH
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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