PT Ever Shine Tex Tbk (ISX:ESTI) Beta: 1.2266 (As of Jun. 26, 2026)


What is PT Ever Shine Tex Tbk Beta?

PT Ever Shine Tex Tbk ISX:ESTI -5.74% Beta is 1.2266 as of Jun. 26, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), PT Ever Shine Tex Tbk's Beta is 1.2266.

PT Ever Shine Tex Tbk  (ISX:ESTI) 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 Ever Shine Tex Tbk Beta Related Terms

PT Ever Shine Tex Tbk Beta Historical Data

* Premium members only.

The historical data trend for PT Ever Shine Tex 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.

PT Ever Shine Tex Tbk Beta Chart

PT Ever Shine Tex Tbk Annual Data
Trend
Beta

PT Ever Shine Tex Tbk Quarterly Data
Beta

PT Ever Shine Tex Tbk Beta Competitor Comparison

For the Textile Manufacturing subindustry, PT Ever Shine Tex 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 Ever Shine Tex Tbk Beta vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, PT Ever Shine Tex Tbk's Beta distribution charts can be found below:

* The bar in red indicates where PT Ever Shine Tex Tbk's Beta falls into.


PT Ever Shine Tex 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 1.2266 mean?
PT Ever Shine Tex Tbk (ISX:ESTI) has a Beta of 1.2266 as of Jun. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for PT Ever Shine Tex Tbk and its competitors.
Is PT Ever Shine Tex Tbk's Beta too high?
PT Ever Shine Tex Tbk's current Beta is 1.2266.
How does PT Ever Shine Tex Tbk's Beta compare to competitors?
PT Ever Shine Tex Tbk's Beta of 1.2266 can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Beta depends on the Manufacturing - Apparel & Accessories 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 PT Ever Shine Tex Tbk and its competitors. PT Ever Shine Tex Tbk's current Beta is 1.2266. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Ever Shine Tex Tbk stock overvalued right now?
PT Ever Shine Tex Tbk (ISX:ESTI) has a current Beta of 1.2266. The current Beta is 1.2266. 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 PT Ever Shine Tex Tbk (ISX:ESTI), the current Beta is 1.2266 as of Jun. 26, 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.

PT Ever Shine Tex Tbk Business Description

Address Jalan KH. Fachruddin No. 16, Kel. Kampung Bali, Kec, Tanah Abang, Jakarta Pusat, Jakarta, IDN, 10250
PT Ever Shine Tex Tbk is an Indonesia-based textile manufacturing company involved in the yarn and fabric business. The product offered by the group under yarn includes nylon filament yarn, nylon air textured yarn, air textured yarn, nylon doped dyed yarn, and nylon blended yarn, whereas the fabrics such as nylon woven fabric, microfilament fabric, decoration fabric, and industrial fabric these fabrics are used for Jackets, Sports Wear, Children Wear, Outerwear, Wedding Wear, Ribbon, Home Furnishing, Decorations, Bags, Automotive, and many more. Geographically, activities are carried out in Indonesia, and it derives revenue from the sale of products.