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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-24), Zhongtian Construction (Hunan) Group's Beta is 0.6087.
Zhongtian Construction (Hunan) Group (HKSE:02433) 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)
Zhongtian Construction (Hunan) Group Beta Related Terms
Zhongtian Construction (Hunan) Group Beta Historical Data
* 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 Engineering & Construction subindustry, Zhongtian Construction (Hunan) Group'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.
Zhongtian Construction (Hunan) Group Beta vs Construction Industry
Zhongtian Construction (Hunan) Group 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.
Zhongtian Construction (Hunan) Group (HKSE:02433) has a Beta of 0.6087 as of Jul. 24, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Zhongtian Construction (Hunan) Group and its competitors.
Is Zhongtian Construction (Hunan) Group's Beta too high?
Zhongtian Construction (Hunan) Group's current Beta is 0.6087.
How does Zhongtian Construction (Hunan) Group's Beta compare to PWR and FIX?
Zhongtian Construction (Hunan) Group's Beta of 0.6087 can be compared against companies in the Construction 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 Construction company?
A good Beta depends on the Construction 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 Zhongtian Construction (Hunan) Group and its competitors. Zhongtian Construction (Hunan) Group's current Beta is 0.6087. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zhongtian Construction (Hunan) Group stock overvalued right now?
Based on GuruFocus' analysis, Zhongtian Construction (Hunan) Group (HKSE:02433) is currently considered Significantly Overvalued. The stock's GF Value™ is HK$0.05, compared to a current price of HK$0.07 — trading 48% above its estimated fair value. The current Beta is 0.6087. 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 Zhongtian Construction (Hunan) Group (HKSE:02433), the current Beta is 0.6087 as of Jul. 24, 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.
Zhongtian Construction (Hunan) Group Business Description
Zhongtian Construction (Hunan) Group Ltd investment holding company. The company is principally engaged in the provision of construction services in the PRC. It focuses on the provision of construction services comprising civil building construction services, provision of construction contracting mainly as general contractor for residential, industrial; municipal works construction services, which mainly consist of the construction of urban roads, education institutions, sports stadiums and water supply works; foundation works services which include foundation construction as well as earthwork construction; prefabricated steel structure construction services; and other specialized contracting works which include building renovation and decoration construction specialized contracting.
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