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PT Cahayaputra Asa Keramik Tbk (ISX:CAKK) Beta : 1.96 (As of Apr. 05, 2025)


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What is PT Cahayaputra Asa Keramik Tbk Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-04-05), PT Cahayaputra Asa Keramik Tbk's Beta is 1.96.


PT Cahayaputra Asa Keramik Tbk Beta Historical Data

The historical data trend for PT Cahayaputra Asa Keramik Tbk'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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PT Cahayaputra Asa Keramik Tbk Beta Chart

PT Cahayaputra Asa Keramik Tbk Annual Data
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PT Cahayaputra Asa Keramik Tbk Semi-Annual Data
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Competitive Comparison of PT Cahayaputra Asa Keramik Tbk's Beta

For the Building Products & Equipment subindustry, PT Cahayaputra Asa Keramik Tbk'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.


PT Cahayaputra Asa Keramik Tbk's Beta Distribution in the Construction Industry

For the Construction industry and Industrials sector, PT Cahayaputra Asa Keramik Tbk's Beta distribution charts can be found below:

* The bar in red indicates where PT Cahayaputra Asa Keramik Tbk's Beta falls into.


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PT Cahayaputra Asa Keramik Tbk 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.


PT Cahayaputra Asa Keramik Tbk  (ISX:CAKK) 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)


PT Cahayaputra Asa Keramik Tbk Beta Related Terms

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PT Cahayaputra Asa Keramik Tbk Business Description

Traded in Other Exchanges
N/A
Address
Jalan. Letjen Soepeno No.34 Arteri Permata Hijau, Kel. Grogol Utara, Kebayoran Lama, Jakarta Selatan, Jakarta, IDN, 12210
PT Cahayaputra Asa Keramik Tbk is an Indonesian-based ceramic tile manufacturer. The company manufactures wall tiles and floor tiles under the brands Kaisar, Granluxor, Myleano, Tierra, and Rhino. It distributes its products to Europe, the USA, Canada, and Australia. Africa. New Zealand and Asia market. The company segments are as Floor tiles, Wall tiles, and others, out of which the company derives maximum revenue from the Floor tiles.

PT Cahayaputra Asa Keramik Tbk Headlines

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