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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-25), Garware Marine Industries's Beta is 1.4767.
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 Aerospace & Defense subindustry, Garware Marine Industries'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.
Garware Marine Industries Beta vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Garware Marine Industries's Beta distribution charts can be found below:
* The bar in red indicates where Garware Marine Industries'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.
Garware Marine Industries (BOM:509563) has a Beta of 1.4767 as of Jul. 25, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Garware Marine Industries and its competitors.
Is Garware Marine Industries' Beta too high?
Garware Marine Industries' current Beta is 1.4767. Overall, Garware Marine Industries has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Garware Marine Industries' Beta compare to SPCX and GE?
Garware Marine Industries' Beta of 1.4767 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Beta depends on the Aerospace & Defense 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 Garware Marine Industries and its competitors. Garware Marine Industries's current Beta is 1.4767. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Garware Marine Industries stock overvalued right now?
Based on GuruFocus' analysis, Garware Marine Industries (BOM:509563) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹24.55, compared to a current price of ₹21.15 — trading 13.8% below its estimated fair value. The current Beta is 1.4767. Garware Marine Industries' overall GF Score™ is 62/100 with 2 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 Garware Marine Industries (BOM:509563), the current Beta is 1.4767 as of Jul. 25, 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 Garware Marine Industries (BOM:509563) Overvalued in 2026?
Based on GuruFocus' analysis, Garware Marine Industries stock appears to be undervalued.
The current stock price of ₹21.15 is trading 13.8% below its estimated GF Value™ of ₹24.55.
GuruFocus considers Garware Marine Industries to be Modestly Undervalued.
Key valuation signals for BOM:509563:
Beta: 1.4767
GF Value™: ₹24.55 vs. price of ₹21.15 (13.8% below fair value)
No single metric tells the full story. See the BOM:509563 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Garware Marine Industries Ltd is an India-based company engaged in the repair of vessels. The principal product/service includes ship repair services. The ship repair services provided by the company include Pump overhauls, Engine overhauls, Hydraulic repairs, gearbox repair, and Pipeline and other marine fabrication jobs.
62GF Score
Get the complete analysis for BOM:509563
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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