Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-30), The South India Paper Mills's Beta is 0.3723.
The South India Paper Mills (BOM:516108) 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.
The South India Paper Mills Beta Competitor Comparison
For the Paper & Paper Products subindustry, The South India Paper Mills'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.
The South India Paper Mills Beta vs Forest Products Industry
For the Forest Products industry and Basic Materials sector, The South India Paper Mills's Beta distribution charts can be found below:
* The bar in red indicates where The South India Paper Mills'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.
The South India Paper Mills (BOM:516108) has a Beta of 0.3723 as of Jun. 30, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for The South India Paper Mills and its competitors.
Is The South India Paper Mills' Beta too high?
The South India Paper Mills' current Beta is 0.3723. Overall, The South India Paper Mills has a GF Score™ of 65/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does The South India Paper Mills' Beta compare to competitors?
The South India Paper Mills' Beta of 0.3723 can be compared against companies in the Forest 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 a Forest Products company?
A good Beta depends on the Forest 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 The South India Paper Mills and its competitors. The South India Paper Mills's current Beta is 0.3723. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The South India Paper Mills stock overvalued right now?
Based on GuruFocus' analysis, The South India Paper Mills (BOM:516108) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹121.55, compared to a current price of ₹105.83 — trading 12.9% below its estimated fair value. The current Beta is 0.3723. The South India Paper Mills' overall GF Score™ is 65/100 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 The South India Paper Mills (BOM:516108), the current Beta is 0.3723 as of Jun. 30, 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 The South India Paper Mills (BOM:516108) Overvalued in 2026?
Based on GuruFocus' analysis, The South India Paper Mills stock appears to be undervalued.
The current stock price of ₹105.83 is trading 12.9% below its estimated GF Value™ of ₹121.55.
GuruFocus considers The South India Paper Mills to be Modestly Undervalued.
Key valuation signals for BOM:516108:
Beta: 0.3723
GF Value™: ₹121.55 vs. price of ₹105.83 (12.9% below fair value)
No single metric tells the full story. See the BOM:516108 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
The South India Paper Mills Ltd is the manufacturer of corrugating raw material and paper boards. It is also engaged in the manufacture of corrugated paper and paperboard, and containers of paper and paperboard and power generation. The company's only reportable business segment is Paper and paper products. The firm operates in India. The majority of the company's revenues are generated through paper and paper products.
65GF Score
Get the complete analysis for BOM:516108
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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