GURUFOCUS.COM » STOCK LIST » Industrials » Construction » McNally Bharat Engineering Co Ltd (BOM:532629) » Definitions » Beta

McNally Bharat Engineering Co (BOM:532629) Beta : 1.75 (As of Mar. 03, 2025)


View and export this data going back to 2005. Start your Free Trial

What is McNally Bharat Engineering Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-03-03), McNally Bharat Engineering Co's Beta is 1.75.


McNally Bharat Engineering Co Beta Historical Data

The historical data trend for McNally Bharat Engineering Co'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.

* Premium members only.

McNally Bharat Engineering Co Beta Chart

McNally Bharat Engineering Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.12 0.96 0.50 0.24 0.47

McNally Bharat Engineering Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.60 0.47 0.24 1.23 1.55

Competitive Comparison of McNally Bharat Engineering Co's Beta

For the Engineering & Construction subindustry, McNally Bharat Engineering Co'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.


McNally Bharat Engineering Co's Beta Distribution in the Construction Industry

For the Construction industry and Industrials sector, McNally Bharat Engineering Co's Beta distribution charts can be found below:

* The bar in red indicates where McNally Bharat Engineering Co's Beta falls into.



McNally Bharat Engineering Co 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.


McNally Bharat Engineering Co  (BOM:532629) 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)


McNally Bharat Engineering Co Beta Related Terms

Thank you for viewing the detailed overview of McNally Bharat Engineering Co's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


McNally Bharat Engineering Co Business Description

Traded in Other Exchanges
Address
Ecospace Business Park, Campus 2B, 11-12th Floor, New Town, Rajarhat, North 24 Parganas, Kolkata, WB, IND, 700160
McNally Bharat Engineering Co Ltd is an engineering company. The firm is engaged in providing turnkey solutions in the areas of power, steel, coal and mining, ports, aluminum, material handling, mineral processing, pyro-processing, pneumatic handling of powdered material including fly ash handling and high concentrate disposal, coal washing, cement, water, oil and gas and civic and industrial water supply, and others.

McNally Bharat Engineering Co Headlines

No Headlines