Scoobee Day Garments (India) (BOM:531234) Beta: 1.0916 (As of Jul. 01, 2026)


What is Scoobee Day Garments (India) Beta?

Scoobee Day Garments (India) BOM:531234 +3.18% Beta is 1.0916 as of Jul. 01, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-01), Scoobee Day Garments (India)'s Beta is 1.0916.

Scoobee Day Garments (India)  (BOM:531234) 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)

Scoobee Day Garments (India) Beta Related Terms

Scoobee Day Garments (India) Beta Historical Data

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The historical data trend for Scoobee Day Garments (India)'s Beta can be seen below:

* 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.

Scoobee Day Garments (India) Beta Chart

Scoobee Day Garments (India) Annual Data
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Scoobee Day Garments (India) Quarterly Data
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BOM:531234 vs SGMD, ITP: Beta Comparison

For the Apparel Manufacturing subindustry, Scoobee Day Garments (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.

Scoobee Day Garments (India) Beta vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Scoobee Day Garments (India)'s Beta distribution charts can be found below:

* The bar in red indicates where Scoobee Day Garments (India)'s Beta falls into.


Scoobee Day Garments (India) Beta Calculation

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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 1.0916 mean?
Scoobee Day Garments (India) (BOM:531234) has a Beta of 1.0916 as of Jul. 01, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Scoobee Day Garments (India) and its competitors.
Is Scoobee Day Garments (India)'s Beta too high?
Scoobee Day Garments (India)'s current Beta is 1.0916.
How does Scoobee Day Garments (India)'s Beta compare to SGMD and ITP?
Scoobee Day Garments (India)'s Beta of 1.0916 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Beta depends on the Manufacturing - Apparel & Accessories 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 Scoobee Day Garments (India) and its competitors. Scoobee Day Garments (India)'s current Beta is 1.0916. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scoobee Day Garments (India) stock overvalued right now?
Scoobee Day Garments (India) (BOM:531234) has a current Beta of 1.0916. The current Beta is 1.0916. 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 Scoobee Day Garments (India) (BOM:531234), the current Beta is 1.0916 as of Jul. 01, 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.

Scoobee Day Garments (India) Business Description

Address 666/12, Anna Aluminium Building, Kizhakkambalam, Aluva, Ernakulam, KL, IND, 683562
Scoobee Day Garments (India) Ltd is an Indian company engaged in the production of apparel and readymade garments. It is engaged in two segments: the Manufacturing of apparels and readymade garments and Roofing solutions and is actively evaluating opportunities in India. The majority of its revenues is derived from the garments segment.