Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-29), Hindustan Organic Chemicals's Beta is 2.9041.
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 Chemicals subindustry, Hindustan Organic Chemicals'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.
Hindustan Organic Chemicals Beta vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Hindustan Organic Chemicals's Beta distribution charts can be found below:
* The bar in red indicates where Hindustan Organic Chemicals'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.
Hindustan Organic Chemicals (BOM:500449) has a Beta of 2.9041 as of Jun. 29, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Hindustan Organic Chemicals and its competitors.
Is Hindustan Organic Chemicals' Beta too high?
Hindustan Organic Chemicals' current Beta is 2.9041. Overall, Hindustan Organic Chemicals has a GF Score™ of 57/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hindustan Organic Chemicals' Beta compare to DOW?
Hindustan Organic Chemicals' Beta of 2.9041 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 Hindustan Organic Chemicals and its competitors. Hindustan Organic Chemicals's current Beta is 2.9041. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hindustan Organic Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Hindustan Organic Chemicals (BOM:500449) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹33.41, compared to a current price of ₹37.60 — trading 12.5% above its estimated fair value. The current Beta is 2.9041. Hindustan Organic Chemicals' overall GF Score™ is 57/100 with 3 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 Hindustan Organic Chemicals (BOM:500449), the current Beta is 2.9041 as of Jun. 29, 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 Hindustan Organic Chemicals (BOM:500449) Overvalued in 2026?
Based on GuruFocus' analysis, Hindustan Organic Chemicals stock appears to be overvalued.
The current stock price of ₹37.60 is trading 12.5% above its estimated GF Value™ of ₹33.41.
GuruFocus considers Hindustan Organic Chemicals to be Modestly Overvalued.
Key valuation signals for BOM:500449:
Beta: 2.9041
GF Value™: ₹33.41 vs. price of ₹37.60 (12.5% above fair value)
No single metric tells the full story. See the BOM:500449 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hindustan Organic Chemicals Ltd is engaged in the manufacturing of bulk industrial chemicals and chemical intermediates. It has manufacturing units in Kochi, Kerala. The company produces Phenol, Acetone, and Hydrogen Peroxide using Benzene and LPG from petroleum refineries. These chemicals are essential for industries such as resins, pharmaceuticals, dyes, rubber chemicals, paints, and pesticides. Phenol is used in resins, plasticizers, and pharmaceuticals; Acetone serves as a solvent and chemical intermediate in explosives and lacquers; Hydrogen Peroxide is an eco-friendly bleaching agent used in textiles, paper, electronics, and environmental applications. The company also produces polytetrafluoroethylene (PTFE) plastic through its subsidiary and focuses on quality and safety.
57GF Score
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