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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-25), PT Golden Energy Mines Tbk's Beta is 0.8801.
PT Golden Energy Mines Tbk (ISX:GEMS) 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)
* 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 Golden Energy Mines Tbk Beta Competitor Comparison
For the Thermal Coal subindustry, PT Golden Energy Mines 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 Golden Energy Mines Tbk Beta vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT Golden Energy Mines Tbk's Beta distribution charts can be found below:
* The bar in red indicates where PT Golden Energy Mines Tbk's Beta falls into.
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 Golden Energy Mines Tbk (ISX:GEMS) has a Beta of 0.8801 as of Aug. 25, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for PT Golden Energy Mines Tbk and its competitors.
Is PT Golden Energy Mines Tbk's Beta too high?
PT Golden Energy Mines Tbk's current Beta is 0.8801. Overall, PT Golden Energy Mines Tbk has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Golden Energy Mines Tbk's Beta compare to competitors?
PT Golden Energy Mines Tbk's Beta of 0.8801 can be compared against companies in the Other Energy Sources 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 an Other Energy Sources company?
A good Beta depends on the Other Energy Sources 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 Golden Energy Mines Tbk and its competitors. PT Golden Energy Mines Tbk's current Beta is 0.8801. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Golden Energy Mines Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Golden Energy Mines Tbk (ISX:GEMS) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp7,791.66, compared to a current price of Rp6,775.00 — trading 13% below its estimated fair value. The current Beta is 0.8801. PT Golden Energy Mines Tbk's overall GF Score™ is 90/100 with 5 warning signs to review. 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 Golden Energy Mines Tbk (ISX:GEMS), the current Beta is 0.8801 as of Aug. 25, 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.
Is PT Golden Energy Mines Tbk (ISX:GEMS) Overvalued in 2026?
Based on GuruFocus' analysis, PT Golden Energy Mines Tbk stock appears to be undervalued.
The current stock price of Rp6,775.00 is trading 13% below its estimated GF Value™ of Rp7,791.66.
GuruFocus considers PT Golden Energy Mines Tbk to be Modestly Undervalued.
Key valuation signals for ISX:GEMS:
Beta: 0.8801
GF Value™: Rp7,791.66 vs. price of Rp6,775.00 (13% below fair value)
No single metric tells the full story. See the ISX:GEMS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Golden Energy Mines Tbk is an Indonesian-based company. Along with its subsidiary, it is engaged in the mining and coal trading business. The company is structured into two segments, namely, the Coal Mining Segment and the Coal Trading Segment. Its principal activities include the exploration, mining, processing, and marketing of thermal coal. The company operates in five concession areas: South Kalimantan, Central Kalimantan, Jambi, and South Sumatra. The majority of its revenue is derived from the Coal Mining segment.
90GF Score
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