Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-16), Thaivivat Holdings PCL's Beta is 0.1293.
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 - Property & Casualty subindustry, Thaivivat 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.
Thaivivat Holdings PCL Beta vs Insurance Industry
For the Insurance industry and Financial Services sector, Thaivivat Holdings PCL's Beta distribution charts can be found below:
* The bar in red indicates where Thaivivat 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.
Thaivivat Holdings PCL (BKK:TVH) has a Beta of 0.1293 as of Aug. 16, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Thaivivat Holdings PCL and its competitors.
Is Thaivivat Holdings PCL's Beta too high?
Thaivivat Holdings PCL's current Beta is 0.1293. Overall, Thaivivat Holdings PCL has a GF Score™ of 49/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Thaivivat Holdings PCL's Beta compare to CB and PGR?
Thaivivat Holdings PCL's Beta of 0.1293 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 Thaivivat Holdings PCL and its competitors. Thaivivat Holdings PCL's current Beta is 0.1293. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thaivivat Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Thaivivat Holdings PCL (BKK:TVH) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿9.41, compared to a current price of ฿12.00 — trading 27.5% above its estimated fair value. The current Beta is 0.1293. Thaivivat Holdings PCL's overall GF Score™ is 49/100 with 6 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 Thaivivat Holdings PCL (BKK:TVH), the current Beta is 0.1293 as of Aug. 16, 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 Thaivivat Holdings PCL (BKK:TVH) Overvalued in 2026?
Based on GuruFocus' analysis, Thaivivat Holdings PCL stock appears to be overvalued.
The current stock price of ฿12.00 is trading 27.5% above its estimated GF Value™ of ฿9.41.
GuruFocus considers Thaivivat Holdings PCL to be Modestly Overvalued.
Key valuation signals for BKK:TVH:
Beta: 0.1293
GF Value™: ฿9.41 vs. price of ฿12.00 (27.5% above fair value)
No single metric tells the full story. See the BKK:TVH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thaivivat Holdings PCL is a Thailand-based company, which is engaged in investment in other companies. The Group is organised into business units based on its nature of business and have four principal business segments: (1) Non-life insurance business, (2) Investment business (3) Service business and (4) Investment property. The Company is engaged in the core business of holding shares in other companies with the core business being the insurance business consisting of the non-life insurance business in Thailand, the insurance business in overseas and the insurance supported business. Its insurance business includes motor insurance, fire insurance, marine and transportation insurance, and miscellaneous insurance.
49GF Score
Get the complete analysis for BKK:TVH
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BKK:TVH has been successfully added to your 
