Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-29), Goenka Business & Finance's Beta is -0.6284.
Goenka Business & Finance (BOM:538787) 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 Capital Markets subindustry, Goenka Business & 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.
Goenka Business & Finance Beta vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Goenka Business & Finance's Beta distribution charts can be found below:
* The bar in red indicates where Goenka Business & 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.
Goenka Business & Finance (BOM:538787) has a Beta of -0.6284 as of Jun. 29, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Goenka Business & Finance and its competitors.
Is Goenka Business & Finance's Beta too high?
Goenka Business & Finance's current Beta is -0.6284. Overall, Goenka Business & Finance has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Goenka Business & Finance's Beta compare to MS and GS?
Goenka Business & Finance's Beta of -0.6284 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 Goenka Business & Finance and its competitors. Goenka Business & Finance's current Beta is -0.6284. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goenka Business & Finance stock overvalued right now?
Based on GuruFocus' analysis, Goenka Business & Finance (BOM:538787) is currently considered Possible Value Trap. The stock's GF Value™ is ₹16.30, compared to a current price of ₹10.16 — trading 37.7% below its estimated fair value. The current Beta is -0.6284. Goenka Business & Finance's overall GF Score™ is 71/100 with 4 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 Goenka Business & Finance (BOM:538787), the current Beta is -0.6284 as of Jun. 29, 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 Goenka Business & Finance (BOM:538787) Overvalued in 2026?
Based on GuruFocus' analysis, Goenka Business & Finance stock appears to be undervalued.
The current stock price of ₹10.16 is trading 37.7% below its estimated GF Value™ of ₹16.30.
GuruFocus considers Goenka Business & Finance to be Possible Value Trap.
Key valuation signals for BOM:538787:
Beta: -0.6284
GF Value™: ₹16.30 vs. price of ₹10.16 (37.7% below fair value)
No single metric tells the full story. See the BOM:538787 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Goenka Business & Finance Ltd is a Non-Banking Financial Company (NBFC), engaged in the business of lending. It also accepts loans and advances and offers a variety of financial services to its customers. The company is also involved in derivatives. It operates in a single segment of investment in securities and extending financial loan services. The company generates the majority of its revenue through the sale of shares, and the rest in the form of dividend income, interest income, etc.
71GF Score
Get the complete analysis for BOM:538787
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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