Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-29), PT Pertamina Geothermal Energy Tbk's Beta is 0.5924.
PT Pertamina Geothermal Energy Tbk (ISX:PGEO) 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 Pertamina Geothermal Energy Tbk Beta Related Terms
PT Pertamina Geothermal Energy Tbk Beta Historical Data
* 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 Pertamina Geothermal Energy Tbk Beta Competitor Comparison
For the Utilities - Renewable subindustry, PT Pertamina Geothermal Energy 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 Pertamina Geothermal Energy Tbk Beta vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, PT Pertamina Geothermal Energy Tbk's Beta distribution charts can be found below:
* The bar in red indicates where PT Pertamina Geothermal Energy Tbk's Beta falls into.
PT Pertamina Geothermal Energy 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 Pertamina Geothermal Energy Tbk (ISX:PGEO) has a Beta of 0.5924 as of Jun. 29, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for PT Pertamina Geothermal Energy Tbk and its competitors.
Is PT Pertamina Geothermal Energy Tbk's Beta too high?
PT Pertamina Geothermal Energy Tbk's current Beta is 0.5924. Overall, PT Pertamina Geothermal Energy Tbk has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Pertamina Geothermal Energy Tbk's Beta compare to competitors?
PT Pertamina Geothermal Energy Tbk's Beta of 0.5924 can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Beta depends on the Utilities - Independent Power Producers 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 Pertamina Geothermal Energy Tbk and its competitors. PT Pertamina Geothermal Energy Tbk's current Beta is 0.5924. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Pertamina Geothermal Energy Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Pertamina Geothermal Energy Tbk (ISX:PGEO) is currently considered Significantly Undervalued. The stock's GF Value™ is Rp1,360.62, compared to a current price of Rp850.00 — trading 37.5% below its estimated fair value. The current Beta is 0.5924. PT Pertamina Geothermal Energy Tbk's overall GF Score™ is 82/100 with 2 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 Pertamina Geothermal Energy Tbk (ISX:PGEO), the current Beta is 0.5924 as of Jun. 29, 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 Pertamina Geothermal Energy Tbk (ISX:PGEO) Overvalued in 2026?
Based on GuruFocus' analysis, PT Pertamina Geothermal Energy Tbk stock appears to be undervalued.
The current stock price of Rp850.00 is trading 37.5% below its estimated GF Value™ of Rp1,360.62.
GuruFocus considers PT Pertamina Geothermal Energy Tbk to be Significantly Undervalued.
Key valuation signals for ISX:PGEO:
Beta: 0.5924
GF Value™: Rp1,360.62 vs. price of Rp850.00 (37.5% below fair value)
No single metric tells the full story. See the ISX:PGEO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Pertamina Geothermal Energy Tbk Business Description
PT Pertamina Geothermal Energy Tbk is involved in the geothermal sector from the upstream and/or downstream sides, both at home and abroad, as well as other business activities related to or supporting activities in the geothermal sector. Its key business activities include geothermal exploration and drilling, including in forest areas, and other activities related to geothermal energy exploitation up to its place of utilization; and producing electricity through various renewable and non-renewable energy sources. The company mainly generates revenue from the production and commercialization of geothermal steam and electricity. It operates in two segments: Own operations, which generate maximum revenue, and Joint Operating Contracts with PLN.
82GF Score
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