National Tubes (DHA:NTLTUBES) Beta: N/A (As of Jun. 28, 2026)


DHA:NTLTUBES National Tubes Ltd DHA:NTLTUBES
20 GF Score
Price BDT65.50
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What is National Tubes Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-28), National Tubes's Beta is Not available.

National Tubes  (DHA:NTLTUBES) 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)

National Tubes Beta Related Terms

National Tubes Beta Historical Data

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The historical data trend for National Tubes'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.

National Tubes Beta Chart

National Tubes Annual Data
Trend
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National Tubes Semi-Annual Data
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DHA:NTLTUBES
20GF Score
National Tubes Ltd DHA:NTLTUBES
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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National Tubes 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.

National Tubes Business Description

Industry EnergyOil & Gas
Address 131-142, Tongi Industrial Area, Gazipur, BGD, 1710
National Tubes Ltd is engaged in the business of producing oil and gas pipe lines.
20GF Score

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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT65.50
Price