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Fu-Wang Ceramic Industry (DHA:FUWANGCER) Beta : N/A (As of Mar. 14, 2025)


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What is Fu-Wang Ceramic Industry Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-03-14), Fu-Wang Ceramic Industry's Beta is Not available.


Fu-Wang Ceramic Industry Beta Historical Data

The historical data trend for Fu-Wang Ceramic Industry'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.

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Fu-Wang Ceramic Industry Beta Chart

Fu-Wang Ceramic Industry Annual Data
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Beta
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Fu-Wang Ceramic Industry Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Fu-Wang Ceramic Industry's Beta

For the Building Products & Equipment subindustry, Fu-Wang Ceramic Industry'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.


Fu-Wang Ceramic Industry's Beta Distribution in the Construction Industry

For the Construction industry and Industrials sector, Fu-Wang Ceramic Industry's Beta distribution charts can be found below:

* The bar in red indicates where Fu-Wang Ceramic Industry's Beta falls into.



Fu-Wang Ceramic Industry 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.


Fu-Wang Ceramic Industry  (DHA:FUWANGCER) 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)


Fu-Wang Ceramic Industry Beta Related Terms

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Fu-Wang Ceramic Industry Business Description

Traded in Other Exchanges
N/A
Address
Pearl Trade Centre (2nd Floor), Cha 90/3, Pragati Sarani, North Badda, Dhaka, BGD, 1212
Fu-Wang Ceramic Industry Ltd is in the ceramic industry and operates two industrial units for manufacturing of various types and sizes of floor tiles and glazed wall tiles and sales. The company is engaged in the manufacturing and marketing of ceramic and homogeneous floor and wall tiles. Its product offerings include ceramic floor tiles, stair tiles, border tiles, and decor tiles, etc. the company also provides super glossy floor, wall & stair tiles under the brand name Picasso Tiles.

Fu-Wang Ceramic Industry Headlines

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