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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-22), HB Estate Developers's Beta is 0.9106.
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 Lodging subindustry, HB Estate Developers'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.
HB Estate Developers Beta vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, HB Estate Developers's Beta distribution charts can be found below:
* The bar in red indicates where HB Estate Developers'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.
HB Estate Developers (BOM:532334) has a Beta of 0.9106 as of Aug. 22, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for HB Estate Developers and its competitors.
Is HB Estate Developers' Beta too high?
HB Estate Developers' current Beta is 0.9106. Overall, HB Estate Developers has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HB Estate Developers' Beta compare to MAR and HLT?
HB Estate Developers' Beta of 0.9106 can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Beta depends on the Travel & Leisure 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 HB Estate Developers and its competitors. HB Estate Developers's current Beta is 0.9106. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HB Estate Developers stock overvalued right now?
Based on GuruFocus' analysis, HB Estate Developers (BOM:532334) is currently considered Fairly Valued. The stock's GF Value™ is ₹75.97, compared to a current price of ₹74.36 — trading 2.1% below its estimated fair value. The current Beta is 0.9106. HB Estate Developers' overall GF Score™ is 64/100 with 6 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 HB Estate Developers (BOM:532334), the current Beta is 0.9106 as of Aug. 22, 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 HB Estate Developers (BOM:532334) Overvalued in 2026?
Based on GuruFocus' analysis, HB Estate Developers stock appears to be undervalued.
The current stock price of ₹74.36 is trading 2.1% below its estimated GF Value™ of ₹75.97.
GuruFocus considers HB Estate Developers to be Fairly Valued.
Key valuation signals for BOM:532334:
Beta: 0.9106
GF Value™: ₹75.97 vs. price of ₹74.36 (2.1% below fair value)
No single metric tells the full story. See the BOM:532334 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HB Estate Developers Ltd is engaged in the development of commercial residential complexes in India. The Company is engaged in the business of owning and managing hotels and real estate properties. The firm generates a majority of its revenue through hotel operations such as room rent, food and beverage supply, restaurant, banquet income, and other services. The company recognizes revenue from various sources, including hotel operations such as room rent, food and beverages, and other related services. Additionally, revenue is generated from other allied services, which encompass income from laundry, communication, health club facilities, and airport transfers. Rentals from leased premises are also classified as revenue income.
64GF Score
Get the complete analysis for BOM:532334
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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