GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Indal Aluminium Industry Tbk (ISX:INAI) » Definitions » Beta

PT Indal Aluminium Industry Tbk (ISX:INAI) Beta : -3.87 (As of Mar. 14, 2025)


View and export this data going back to 1994. Start your Free Trial

What is PT Indal Aluminium Industry Tbk Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-03-14), PT Indal Aluminium Industry Tbk's Beta is -3.87.


PT Indal Aluminium Industry Tbk Beta Historical Data

The historical data trend for PT Indal Aluminium Industry 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.

* Premium members only.

PT Indal Aluminium Industry Tbk Beta Chart

PT Indal Aluminium Industry Tbk Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 0.48 0.69 0.59 0.21

PT Indal Aluminium Industry Tbk Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.40 0.21 -0.09 -0.17 -0.32

Competitive Comparison of PT Indal Aluminium Industry Tbk's Beta

For the Aluminum subindustry, PT Indal Aluminium Industry 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 Indal Aluminium Industry Tbk's Beta Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, PT Indal Aluminium Industry Tbk's Beta distribution charts can be found below:

* The bar in red indicates where PT Indal Aluminium Industry Tbk's Beta falls into.



PT Indal Aluminium Industry 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 Indal Aluminium Industry Tbk  (ISX:INAI) 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 Indal Aluminium Industry Tbk Beta Related Terms

Thank you for viewing the detailed overview of PT Indal Aluminium Industry Tbk's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


PT Indal Aluminium Industry Tbk Business Description

Traded in Other Exchanges
N/A
Address
Kompleks Maspion Unit-1, Sawotratap, Sidoarjo, IDN, 61254
PT Indal Aluminium Industry Tbk engaged in industry, trade, and services for several business activities, including managing aluminum ingot or billet raw materials into aluminum extrusion profiles which are used for ready-to-install building materials for the construction industry, home industry, electronic/automotive components, medical device components, aluminum solar panel frames and others. The company's segments include the Manufacturing of aluminum, Construction Services, Software services, and General trading & investments. The majority of the revenue is generated from the Manufacturing of the Aluminium segment. The company exports its products to Japan, Hong Kong, Thailand, Singapore, Australia, the United States, and other countries.

PT Indal Aluminium Industry Tbk Headlines

No Headlines