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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-22), SRG Fingrow Finance's Beta is 1.3558.
SRG Fingrow Finance (BOM:536710) 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)
* 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 Credit Services subindustry, SRG Fingrow Finance'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.
SRG Fingrow Finance Beta vs Credit Services Industry
For the Credit Services industry and Financial Services sector, SRG Fingrow Finance's Beta distribution charts can be found below:
* The bar in red indicates where SRG Fingrow Finance'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.
SRG Fingrow Finance (BOM:536710) has a Beta of 1.3558 as of Jul. 22, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for SRG Fingrow Finance and its competitors.
Is SRG Fingrow Finance's Beta too high?
SRG Fingrow Finance's current Beta is 1.3558. Overall, SRG Fingrow Finance has a GF Score™ of 59/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SRG Fingrow Finance's Beta compare to V and MA?
SRG Fingrow Finance's Beta of 1.3558 can be compared against companies in the Credit Services 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 Credit Services company?
A good Beta depends on the Credit Services 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 SRG Fingrow Finance and its competitors. SRG Fingrow Finance's current Beta is 1.3558. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SRG Fingrow Finance stock overvalued right now?
Based on GuruFocus' analysis, SRG Fingrow Finance (BOM:536710) is currently considered Fairly Valued. The stock's GF Value™ is ₹25.38, compared to a current price of ₹24.80 — trading 2.3% below its estimated fair value. The current Beta is 1.3558. SRG Fingrow Finance's overall GF Score™ is 59/100 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 SRG Fingrow Finance (BOM:536710), the current Beta is 1.3558 as of Jul. 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 SRG Fingrow Finance (BOM:536710) Overvalued in 2026?
Based on GuruFocus' analysis, SRG Fingrow Finance stock appears to be undervalued.
The current stock price of ₹24.80 is trading 2.3% below its estimated GF Value™ of ₹25.38.
GuruFocus considers SRG Fingrow Finance to be Fairly Valued.
Key valuation signals for BOM:536710:
Beta: 1.3558
GF Value™: ₹25.38 vs. price of ₹24.80 (2.3% below fair value)
No single metric tells the full story. See the BOM:536710 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SRG Fingrow Finance Ltd is a non-banking financial company. It is engaged in the business of providing financial assistance for vehicles, construction and mining equipment, and home loans. The company offers financial assistance through various loan products including business loans, vehicle finance, and enterprise loans. It derives revenue in the form of interest received on advances.
59GF Score
Get the complete analysis for BOM:536710
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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