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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-09), Bursa Malaysia Bhd's Beta is 0.4250.
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)
Bursa Malaysia Bhd Beta Related Terms
Bursa Malaysia Bhd Beta Historical Data
* Premium members only.
The historical data trend for Bursa Malaysia Bhd'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.
For the Financial Data & Stock Exchanges subindustry, Bursa Malaysia Bhd'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.
Bursa Malaysia Bhd Beta vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Bursa Malaysia Bhd's Beta distribution charts can be found below:
* The bar in red indicates where Bursa Malaysia Bhd'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.
Bursa Malaysia Bhd (BSMAF) has a Beta of 0.4250 as of Aug. 09, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Bursa Malaysia Bhd and its competitors.
Is Bursa Malaysia Bhd's Beta too high?
Bursa Malaysia Bhd's current Beta is 0.4250. Overall, Bursa Malaysia Bhd has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Bursa Malaysia Bhd's Beta compare to SPGI and CME?
Bursa Malaysia Bhd's Beta of 0.4250 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 Bursa Malaysia Bhd and its competitors. Bursa Malaysia Bhd's current Beta is 0.4250. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bursa Malaysia Bhd stock overvalued right now?
Bursa Malaysia Bhd (BSMAF) has a current Beta of 0.4250. The stock's GF Value™ is $2.37, compared to a current price of $2.18 — trading 8% below its estimated fair value. The current Beta is 0.4250. Bursa Malaysia Bhd's overall GF Score™ is 89/100 with 6 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 Bursa Malaysia Bhd (BSMAF), the current Beta is 0.4250 as of Aug. 09, 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 Bursa Malaysia Bhd (BSMAF) Overvalued in 2026?
Based on GuruFocus' analysis, Bursa Malaysia Bhd stock appears to be undervalued.
The current stock price of $2.18 is trading 8% below its estimated GF Value™ of $2.37.
Key valuation signals for BSMAF:
Beta: 0.4250
GF Value™: $2.37 vs. price of $2.18 (8% below fair value)
No single metric tells the full story. See the BSMAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bursa Malaysia Bhd operates as an exchange holding company, whose principal activities are treasury management and the provision of management and administrative services to its subsidiaries. Through its subsidiaries it operates the Malaysian securities, derivatives, multi-environment product market, debt fundraising and offshore financial exchanges and the Shariah-compliant commodity and precious metals trading platform, to operate the related clearing houses, depository function and regulatory function, and to disseminate information relating to instruments quoted on the exchanges. Its six segments include: Securities Market, Derivatives Market, Islamic Market, Data Business, Exchange, Holding Company, and Others, of which Securities Market segment derives maximum revenue.
89GF Score
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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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