Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-28), Pan Electronics (India)'s Beta is -0.5726.
Pan Electronics (India) (BOM:517397) 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 Electronic Components subindustry, Pan Electronics (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.
Pan Electronics (India) Beta vs Hardware Industry
For the Hardware industry and Technology sector, Pan Electronics (India)'s Beta distribution charts can be found below:
* The bar in red indicates where Pan Electronics (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.
Pan Electronics (India) (BOM:517397) has a Beta of -0.5726 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 Pan Electronics (India) and its competitors.
Is Pan Electronics (India)'s Beta too high?
Pan Electronics (India)'s current Beta is -0.5726. Overall, Pan Electronics (India) has a GF Score™ of 31/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Pan Electronics (India)'s Beta compare to APH and GLW?
Pan Electronics (India)'s Beta of -0.5726 can be compared against companies in the Hardware 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 Hardware company?
A good Beta depends on the Hardware 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 Pan Electronics (India) and its competitors. Pan Electronics (India)'s current Beta is -0.5726. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pan Electronics (India) stock overvalued right now?
Based on GuruFocus' analysis, Pan Electronics (India) (BOM:517397) is currently considered Possible Value Trap. The stock's GF Value™ is ₹55.33, compared to a current price of ₹26.72 — trading 51.7% below its estimated fair value. The current Beta is -0.5726. Pan Electronics (India)'s overall GF Score™ is 31/100 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 Pan Electronics (India) (BOM:517397), the current Beta is -0.5726 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 Pan Electronics (India) (BOM:517397) Overvalued in 2026?
Based on GuruFocus' analysis, Pan Electronics (India) stock appears to be undervalued.
The current stock price of ₹26.72 is trading 51.7% below its estimated GF Value™ of ₹55.33.
GuruFocus considers Pan Electronics (India) to be Possible Value Trap.
Key valuation signals for BOM:517397:
Beta: -0.5726
GF Value™: ₹55.33 vs. price of ₹26.72 (51.7% below fair value)
No single metric tells the full story. See the BOM:517397 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pan Electronics (India) Ltd is a manufacturer specializing in MPP films and capacitors, using robust aluminum construction for its products. The capacitors are designed to provide low DPPM (Defective Parts Per Million) in the field, stable capacitance, and low energy consumption, leveraging MPP film technology for self-healing capabilities. Its products include fan capacitors, motor start and run capacitors, air conditioning capacitors, washing machine capacitors, lighting capacitors, submersible pump capacitors, as well as power factor correction capacitors in both box-type and cylindrical designs.
31GF Score
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