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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-26), Thai Rubber Latex Group PCL's Beta is 1.0792.
Thai Rubber Latex Group PCL (BKK:TRUBB) 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 Specialty Chemicals subindustry, Thai Rubber Latex Group 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 Rubber Latex Group PCL Beta vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Thai Rubber Latex Group PCL's Beta distribution charts can be found below:
* The bar in red indicates where Thai Rubber Latex Group 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 Rubber Latex Group PCL (BKK:TRUBB) has a Beta of 1.0792 as of Jul. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Thai Rubber Latex Group PCL and its competitors.
Is Thai Rubber Latex Group PCL's Beta too high?
Thai Rubber Latex Group PCL's current Beta is 1.0792. Overall, Thai Rubber Latex Group PCL has a GF Score™ of 32/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thai Rubber Latex Group PCL's Beta compare to LIN and SHW?
Thai Rubber Latex Group PCL's Beta of 1.0792 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 Thai Rubber Latex Group PCL and its competitors. Thai Rubber Latex Group PCL's current Beta is 1.0792. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Rubber Latex Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Rubber Latex Group PCL (BKK:TRUBB) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿0.82, compared to a current price of ฿1.06 — trading 29.3% above its estimated fair value. The current Beta is 1.0792. Thai Rubber Latex Group PCL's overall GF Score™ is 32/100 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 Rubber Latex Group PCL (BKK:TRUBB), the current Beta is 1.0792 as of Jul. 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 Thai Rubber Latex Group PCL (BKK:TRUBB) Overvalued in 2026?
Based on GuruFocus' analysis, Thai Rubber Latex Group PCL stock appears to be overvalued.
The current stock price of ฿1.06 is trading 29.3% above its estimated GF Value™ of ฿0.82.
GuruFocus considers Thai Rubber Latex Group PCL to be Modestly Overvalued.
Key valuation signals for BKK:TRUBB:
Beta: 1.0792
GF Value™: ฿0.82 vs. price of ฿1.06 (29.3% above fair value)
No single metric tells the full story. See the BKK:TRUBB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thai Rubber Latex Group PCL is engaged in the comprehensive rubber businesses covering the whole value chain of rubber and latex products, which include the rubber plantation in Thailand, the producer of latex concentrate and latex rubber, latex rubber thread, latex foam mattress, and rubber gloves. The company operates in Concentrated and pre-vulcanized latex, latex products, and Plantation segments. It has a geographic presence in Thailand, the PRC, the Republic of Korea, and other countries, of which key revenue is derived from Thailand.
32GF Score
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