Glory Health Industry (HKSE:02329) Beta: 1.5203 (As of Sep. 16, 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is Glory Health Industry Beta?

Glory Health Industry HKSE:02329 +7.23% Beta is 1.5203 as of Sep. 16, 2026. The stock has 5 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-09-16), Glory Health Industry's Beta is 1.5203.

Glory Health Industry  (HKSE:02329) 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)

Glory Health Industry Beta Related Terms

Glory Health Industry Beta Historical Data

* Premium members only.

The historical data trend for Glory Health 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.

Glory Health Industry Beta Chart

Glory Health Industry Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 -0.03 -0.33 0.16 1.37

Glory Health Industry Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.25 0.16 0.46 1.37 1.46

Glory Health Industry Beta Competitor Comparison

For the Real Estate - Development subindustry, Glory Health 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.

Glory Health Industry Beta vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Glory Health Industry's Beta distribution charts can be found below:

* The bar in red indicates where Glory Health Industry's Beta falls into.


Glory Health 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 1.5203 mean?
Glory Health Industry (HKSE:02329) has a Beta of 1.5203 as of Sep. 16, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Glory Health Industry and its competitors.
Is Glory Health Industry's Beta too high?
Glory Health Industry's current Beta is 1.5203.
How does Glory Health Industry's Beta compare to competitors?
Glory Health Industry's Beta of 1.5203 can be compared against companies in the Real Estate 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 Real Estate company?
A good Beta depends on the Real Estate 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 Glory Health Industry and its competitors. Glory Health Industry's current Beta is 1.5203. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Glory Health Industry stock overvalued right now?
Based on GuruFocus' analysis, Glory Health Industry (HKSE:02329) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.04, compared to a current price of HK$0.09 — trading 122.5% above its estimated fair value. The current Beta is 1.5203. 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 Glory Health Industry (HKSE:02329), the current Beta is 1.5203 as of Sep. 16, 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.

Glory Health Industry Business Description

Address Chongwenmenwai Street, Building 1, East Block, Hademen Plaza, No. 8 Courtyard, Dongcheng District, Beijing, CHN, 100062
Glory Health Industry Ltd is an investment holding company. The company's operating segments are Property development that develops and sells commercial and residential properties; primary land construction and development services that derive revenue from primary land development, including services for resettlement, construction of land infrastructure, and ancillary public facilities on land owned by the local governments; Property investment that derives rental income from investment properties developed by the group; and Property management that derive income from property management and related services. The majority of the revenue is derived from the Property development segment. All the company's revenue is derived from the PRC.