Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-08), Piccadily Agro Industries's Beta is -0.3560.
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 Beverages - Wineries & Distilleries subindustry, Piccadily Agro 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.
Piccadily Agro Industries Beta vs Beverages - Alcoholic Industry
For the Beverages - Alcoholic industry and Consumer Defensive sector, Piccadily Agro Industries's Beta distribution charts can be found below:
* The bar in red indicates where Piccadily Agro 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.
Piccadily Agro Industries (BOM:530305) has a Beta of -0.3560 as of Jul. 08, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Piccadily Agro Industries and its competitors.
Is Piccadily Agro Industries' Beta too high?
Piccadily Agro Industries' current Beta is -0.3560. Overall, Piccadily Agro Industries has a GF Score™ of 77/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Piccadily Agro Industries' Beta compare to BF.B?
Piccadily Agro Industries' Beta of -0.3560 can be compared against companies in the Beverages - Alcoholic 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 Beverages - Alcoholic company?
A good Beta depends on the Beverages - Alcoholic 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 Piccadily Agro Industries and its competitors. Piccadily Agro Industries's current Beta is -0.3560. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piccadily Agro Industries stock overvalued right now?
Based on GuruFocus' analysis, Piccadily Agro Industries (BOM:530305) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹740.47, compared to a current price of ₹659.20 — trading 11% below its estimated fair value. The current Beta is -0.3560. Piccadily Agro Industries' overall GF Score™ is 77/100 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 Piccadily Agro Industries (BOM:530305), the current Beta is -0.3560 as of Jul. 08, 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 Piccadily Agro Industries (BOM:530305) Overvalued in 2026?
Based on GuruFocus' analysis, Piccadily Agro Industries stock appears to be undervalued.
The current stock price of ₹659.20 is trading 11% below its estimated GF Value™ of ₹740.47.
GuruFocus considers Piccadily Agro Industries to be Modestly Undervalued.
Key valuation signals for BOM:530305:
Beta: -0.3560
GF Value™: ₹740.47 vs. price of ₹659.20 (11% below fair value)
No single metric tells the full story. See the BOM:530305 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Piccadily Agro Industries Ltd is an Indian company engaged in the manufacturing of white crystal sugar from sugarcane grown in nearby rural areas, along with related products such as molasses, power, and bagasse. The company is also involved in the production of rectified spirits, extra neutral alcohol (ENA), and malt, as well as the conversion of resin into PET bottles used for liquor in the distillery segment. It operates through two reportable segments: Sugar and Distillery. The Sugar segment includes refined sugar, molasses, bagasse, and power cogeneration, while the Distillery segment produces liquor, malt, carbon dioxide gas, ethanol, and PET bottles. The majority of the company's revenue is generated from the Distillery segment.
77GF Score
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