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Wiik PCL (BKK:WIIK) Beta : 0.90 (As of Mar. 27, 2025)


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What is Wiik PCL Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-03-27), Wiik PCL's Beta is 0.90.


Wiik PCL Beta Historical Data

The historical data trend for Wiik 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.

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Wiik PCL Beta Chart

Wiik 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 0.22 0.15 0.06 0.82 0.68

Wiik PCL Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.82 0.54 0.60 0.74 0.68

Competitive Comparison of Wiik PCL's Beta

For the Building Products & Equipment subindustry, Wiik 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.


Wiik PCL's Beta Distribution in the Construction Industry

For the Construction industry and Industrials sector, Wiik PCL's Beta distribution charts can be found below:

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


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Wiik 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.


Wiik PCL  (BKK:WIIK) 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)


Wiik PCL Beta Related Terms

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Wiik PCL Business Description

Traded in Other Exchanges
Address
90 CW Tower A, Ratchadapisek Road, 35th Floor, Huaykwang, Bangkok, THA, 10310
Wiik PCL is principally engaged in the manufacture and distribution of high-density polyethylene pipe and related certain fittings. The company comprises the following main business segments of Production, distribution and pipe installation services, and Water Management segment. The Production, distribution and pipe installation services segment manufactures, distributes and provides welding services for the product of high density polyethylene pipe and fittings, Low-Density Polyethylene pipe, Polypropylene pipe, Polybutylene pipe, and Weholite Spiro pipe. The Water management segment is a part which is water management, water distribution and water supply system, design construction and operation of the water supply system.

Wiik PCL Headlines

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