PT Tembaga Mulia Semanan Tbk (ISX:TBMS) Beta: 0.6167 (As of Jun. 30, 2026)


What is PT Tembaga Mulia Semanan Tbk Beta?

PT Tembaga Mulia Semanan Tbk ISX:TBMS -3.21% Beta is 0.6167 as of Jun. 30, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-30), PT Tembaga Mulia Semanan Tbk's Beta is 0.6167.

PT Tembaga Mulia Semanan Tbk  (ISX:TBMS) 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 Tembaga Mulia Semanan Tbk Beta Related Terms

PT Tembaga Mulia Semanan Tbk Beta Historical Data

* Premium members only.

The historical data trend for PT Tembaga Mulia Semanan 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 Tembaga Mulia Semanan Tbk Beta Chart

PT Tembaga Mulia Semanan Tbk Annual Data
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PT Tembaga Mulia Semanan Tbk Quarterly Data
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PT Tembaga Mulia Semanan Tbk Beta Competitor Comparison

For the Metal Fabrication subindustry, PT Tembaga Mulia Semanan 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 Tembaga Mulia Semanan Tbk Beta vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, PT Tembaga Mulia Semanan Tbk's Beta distribution charts can be found below:

* The bar in red indicates where PT Tembaga Mulia Semanan Tbk's Beta falls into.


PT Tembaga Mulia Semanan 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 0.6167 mean?
PT Tembaga Mulia Semanan Tbk (ISX:TBMS) has a Beta of 0.6167 as of Jun. 30, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for PT Tembaga Mulia Semanan Tbk and its competitors.
Is PT Tembaga Mulia Semanan Tbk's Beta too high?
PT Tembaga Mulia Semanan Tbk's current Beta is 0.6167.
How does PT Tembaga Mulia Semanan Tbk's Beta compare to competitors?
PT Tembaga Mulia Semanan Tbk's Beta of 0.6167 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Beta depends on the Industrial Products 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 Tembaga Mulia Semanan Tbk and its competitors. PT Tembaga Mulia Semanan Tbk's current Beta is 0.6167. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Tembaga Mulia Semanan Tbk stock overvalued right now?
PT Tembaga Mulia Semanan Tbk (ISX:TBMS) has a current Beta of 0.6167. The current Beta is 0.6167. 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 Tembaga Mulia Semanan Tbk (ISX:TBMS), the current Beta is 0.6167 as of Jun. 30, 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 Tembaga Mulia Semanan Tbk Business Description

Address Jalan Daan Mogot KM 16, RT. 7, RW. 6, Semanan, Kecamatan Kalideres, West Jakarta, Jakarta, IDN, 11850
PT Tembaga Mulia Semanan Tbk is an Indonesian company engaged in industrial activities, which is establishment of copper wire rod factory, production of copper bar, copper products and copper alloy products. The company's main comprises activities manufacturing copper rod, aluminium rod, copper wire, aluminium wire, copper nugget, and copper wire for can welding. It operates through two segments namely Copper Rod and Wire and Aluminium Rod. The company generates maximum revenue from the Copper Rod and Wire segment.