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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-26), Ridings Consulting Engineers India's Beta is 0.1955.
Ridings Consulting Engineers India (BOM:541151) 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)
Ridings Consulting Engineers India Beta Related Terms
Ridings Consulting Engineers India Beta Historical Data
* 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 Scientific & Technical Instruments subindustry, Ridings Consulting Engineers 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.
Ridings Consulting Engineers India Beta vs Hardware Industry
Ridings Consulting Engineers India 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.
Ridings Consulting Engineers India (BOM:541151) has a Beta of 0.1955 as of Aug. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Ridings Consulting Engineers India and its competitors.
Is Ridings Consulting Engineers India's Beta too high?
Ridings Consulting Engineers India's current Beta is 0.1955. Overall, Ridings Consulting Engineers India has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Ridings Consulting Engineers India's Beta compare to FTV and KEYS?
Ridings Consulting Engineers India's Beta of 0.1955 can be compared against companies in the Hardware 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 Hardware company?
A good Beta depends on the Hardware 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 Ridings Consulting Engineers India and its competitors. Ridings Consulting Engineers India's current Beta is 0.1955. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ridings Consulting Engineers India stock overvalued right now?
Ridings Consulting Engineers India (BOM:541151) has a current Beta of 0.1955. The current Beta is 0.1955. Ridings Consulting Engineers India's overall GF Score™ is 4/100. 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 Ridings Consulting Engineers India (BOM:541151), the current Beta is 0.1955 as of Aug. 26, 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.
Ridings Consulting Engineers India Ltd provides Geospatial Services which include Sub Surface Utility Engineering (SUE) Survey/ Ground-penetrating radar (GPR) Survey, Geographic Information Systems, and Geospatial database development, Geospatial -Marketing consulting and planning, Training, Geographic Information Systems for Utilities (Power, Water, and Telecom) and Land Surveying and Geospatial Data (Digital and Large Scale Geospatial Data). The Geographic Information Systems (GIS) applications include mapping of utilities such as electrical networks, telecom networks, water supply, and sewerage systems. It derives its Majority revenue from India and Outside India.
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