Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-05), KJMCorate Advisors (India)'s Beta is 1.1790.
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 Capital Markets subindustry, KJMCorate Advisors (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.
KJMCorate Advisors (India) Beta vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, KJMCorate Advisors (India)'s Beta distribution charts can be found below:
* The bar in red indicates where KJMCorate Advisors (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.
KJMCorate Advisors (India) (BOM:532304) has a Beta of 1.1790 as of Jul. 05, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for KJMCorate Advisors (India) and its competitors.
Is KJMCorate Advisors (India)'s Beta too high?
KJMCorate Advisors (India)'s current Beta is 1.1790. Overall, KJMCorate Advisors (India) has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does KJMCorate Advisors (India)'s Beta compare to MS and GS?
KJMCorate Advisors (India)'s Beta of 1.1790 can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Beta depends on the Capital Markets 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 KJMCorate Advisors (India) and its competitors. KJMCorate Advisors (India)'s current Beta is 1.1790. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KJMCorate Advisors (India) stock overvalued right now?
Based on GuruFocus' analysis, KJMCorate Advisors (India) (BOM:532304) is currently considered Possible Value Trap. The stock's GF Value™ is ₹92.85, compared to a current price of ₹54.95 — trading 40.8% below its estimated fair value. The current Beta is 1.1790. KJMCorate Advisors (India)'s overall GF Score™ is 69/100 with 3 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 KJMCorate Advisors (India) (BOM:532304), the current Beta is 1.1790 as of Jul. 05, 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 KJMCorate Advisors (India) (BOM:532304) Overvalued in 2026?
Based on GuruFocus' analysis, KJMCorate Advisors (India) stock appears to be undervalued.
The current stock price of ₹54.95 is trading 40.8% below its estimated GF Value™ of ₹92.85.
GuruFocus considers KJMCorate Advisors (India) to be Possible Value Trap.
Key valuation signals for BOM:532304:
Beta: 1.1790
GF Value™: ₹92.85 vs. price of ₹54.95 (40.8% below fair value)
No single metric tells the full story. See the BOM:532304 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
KJMC Corporate Advisors (India) Ltd provides merchant banking services. The company is in the business of providing Corporate Advisory, Financial Advisory, Equity Valuation, and Investment Banking services. It offers various services to the corporate sector, which include merchant banking, mergers and acquisition advisory services, syndication of funds, syndication of debt, and channel financing. The company operates with a single business segment of merchant banking operations in India. The company's revenue is generated from the Sale of Services, Brokerage and Depository Income, Sale of Shares/Mutual Funds, Fair Value Changes, and Interest Income; the majority being from the Income from Brokerage & Depository Income.
69GF Score
Get the complete analysis for BOM:532304
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:532304 has been successfully added to your 
