Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-28), John Cockerill India's Beta is 1.9451.
John Cockerill India (BOM:500147) 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 Metal Fabrication subindustry, John Cockerill India'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.
John Cockerill India Beta vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, John Cockerill India's Beta distribution charts can be found below:
* The bar in red indicates where John Cockerill India'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.
John Cockerill India (BOM:500147) has a Beta of 1.9451 as of Jun. 28, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for John Cockerill India and its competitors.
Is John Cockerill India's Beta too high?
John Cockerill India's current Beta is 1.9451. Overall, John Cockerill India has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does John Cockerill India's Beta compare to ATI and CRS?
John Cockerill India's Beta of 1.9451 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Beta depends on the Industrial Products 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 John Cockerill India and its competitors. John Cockerill India's current Beta is 1.9451. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Cockerill India stock overvalued right now?
Based on GuruFocus' analysis, John Cockerill India (BOM:500147) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹4,533.22, compared to a current price of ₹8,830.90 — trading 94.8% above its estimated fair value. The current Beta is 1.9451. John Cockerill India's overall GF Score™ is 51/100 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 John Cockerill India (BOM:500147), the current Beta is 1.9451 as of Jun. 28, 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 John Cockerill India (BOM:500147) Overvalued in 2026?
Based on GuruFocus' analysis, John Cockerill India stock appears to be overvalued.
The current stock price of ₹8,830.90 is trading 94.8% above its estimated GF Value™ of ₹4,533.22.
GuruFocus considers John Cockerill India to be Significantly Overvalued.
Key valuation signals for BOM:500147:
Beta: 1.9451
GF Value™: ₹4,533.22 vs. price of ₹8,830.90 (94.8% above fair value)
No single metric tells the full story. See the BOM:500147 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
John Cockerill India Ltd is engaged in the metal fabrication business. The principal activities of the company comprise customized manufacturing and installation of cold rolling mills, galvanizing lines, color coating lines, tension levelling lines, skin pass mills, acid regeneration plants, wet flux line and pickling lines (the projects) for ferrous and non-ferrous industries world-wide. The company holds its presence in both the Indian and International markets of which the Indian market accounts for the majority of revenue.
51GF Score
Get the complete analysis for BOM:500147
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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