Prebet (BSE:PREB) Beta: -0.1839 (As of Jun. 28, 2026)


What is Prebet Beta?

Prebet BSE:PREB Beta is -0.1839 as of Jun. 28, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-28), Prebet's Beta is -0.1839.

Prebet  (BSE:PREB) 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)

Prebet Beta Related Terms

Prebet Beta Historical Data

* Premium members only.

The historical data trend for Prebet'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.

Prebet Beta Chart

Prebet Annual Data
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Prebet Quarterly Data
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Prebet Beta Competitor Comparison

For the Building Materials subindustry, Prebet'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.

Prebet Beta vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Prebet's Beta distribution charts can be found below:

* The bar in red indicates where Prebet's Beta falls into.


Prebet 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of -0.1839 mean?
Prebet (BSE:PREB) has a Beta of -0.1839 as of Jun. 28, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Prebet and its competitors.
Is Prebet's Beta too high?
Prebet's current Beta is -0.1839.
How does Prebet's Beta compare to competitors?
Prebet's Beta of -0.1839 can be compared against companies in the Building Materials 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 Building Materials company?
A good Beta depends on the Building Materials 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 Prebet and its competitors. Prebet's current Beta is -0.1839. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prebet stock overvalued right now?
Prebet (BSE:PREB) has a current Beta of -0.1839. The current Beta is -0.1839. 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 Prebet (BSE:PREB), the current Beta is -0.1839 as of Jun. 28, 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.

Prebet Business Description

Address Street Arenei, No. 10, Aiud, Alba, ROU, 515200
Prebet SA is the only producer of the entire range of reinforced and prestressed concrete prefabs for roads, railways and roads.