PT Brigit Biofarmaka Teknologi Tbk (ISX:OBAT) Beta: N/A (As of Jul. 01, 2026)


What is PT Brigit Biofarmaka Teknologi Tbk Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-01), PT Brigit Biofarmaka Teknologi Tbk's Beta is Not available.

PT Brigit Biofarmaka Teknologi Tbk  (ISX:OBAT) 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 Brigit Biofarmaka Teknologi Tbk Beta Related Terms

PT Brigit Biofarmaka Teknologi Tbk Beta Historical Data

* Premium members only.

The historical data trend for PT Brigit Biofarmaka Teknologi 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 Brigit Biofarmaka Teknologi Tbk Beta Chart

PT Brigit Biofarmaka Teknologi Tbk Annual Data
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PT Brigit Biofarmaka Teknologi Tbk Semi-Annual Data
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PT Brigit Biofarmaka Teknologi 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 Brigit Biofarmaka Teknologi Tbk Business Description

Address Jalan Raya Tawangsari-Klaten, Rejosari, RT 01, RW 07, Kateguhan, Tawangsari, Kab. Sukoharjo, Jawa Tengah, IDN, 57561
PT Brigit Biofarmaka Teknologi Tbk is engaged in the herbal, cosmetic, and functional and botanical beverage manufacturing industry. The herbal products are used for traditional medicine products, including herbal capsules and honey, while the cosmetic products are various products for decorative and skin care. The functional and botanical beverage products are used for powdered drinks and tea.