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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-24), Innovative Tech Pack's Beta is 1.4392.
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 Packaging & Containers subindustry, Innovative Tech Pack'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.
Innovative Tech Pack Beta vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Innovative Tech Pack's Beta distribution charts can be found below:
* The bar in red indicates where Innovative Tech Pack'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.
Innovative Tech Pack (BOM:523840) has a Beta of 1.4392 as of Jul. 24, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Innovative Tech Pack and its competitors.
Is Innovative Tech Pack's Beta too high?
Innovative Tech Pack's current Beta is 1.4392. Overall, Innovative Tech Pack has a GF Score™ of 59/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Innovative Tech Pack's Beta compare to SW and PKG?
Innovative Tech Pack's Beta of 1.4392 can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good Beta depends on the Packaging & Containers 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 Innovative Tech Pack and its competitors. Innovative Tech Pack's current Beta is 1.4392. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Tech Pack stock overvalued right now?
Based on GuruFocus' analysis, Innovative Tech Pack (BOM:523840) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹22.17, compared to a current price of ₹13.36 — trading 39.7% below its estimated fair value. The current Beta is 1.4392. Innovative Tech Pack's overall GF Score™ is 59/100 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 Innovative Tech Pack (BOM:523840), the current Beta is 1.4392 as of Jul. 24, 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 Innovative Tech Pack (BOM:523840) Overvalued in 2026?
Based on GuruFocus' analysis, Innovative Tech Pack stock appears to be undervalued.
The current stock price of ₹13.36 is trading 39.7% below its estimated GF Value™ of ₹22.17.
GuruFocus considers Innovative Tech Pack to be Significantly Undervalued.
Key valuation signals for BOM:523840:
Beta: 1.4392
GF Value™: ₹22.17 vs. price of ₹13.36 (39.7% below fair value)
No single metric tells the full story. See the BOM:523840 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovative Tech Pack Ltd operates in the plastic packaging industry in India. The company is engaged in the business of manufacturing and reselling plastic bottles, jars, containers, pre-forms, and caps. Its product portfolio includes packaging for oils, liquor, medicinal syrups, sauces, insect repellents, honey, energy powders, candies, biscuits, mayonnaise, and dairy-based beverages. The company serves clients in various industries, including food, confectionery, beverage, consumer care, pharmaceutical, dairy, and other industries.
59GF Score
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