Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-24), PT Telkom Indonesia (Persero) Tbk's Beta is 0.6170.
PT Telkom Indonesia (Persero) Tbk (ISX:TLKM) 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 Telkom Indonesia (Persero) Tbk Beta Related Terms
PT Telkom Indonesia (Persero) 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.
For the Telecom Services subindustry, PT Telkom Indonesia (Persero) 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 Telkom Indonesia (Persero) Tbk Beta vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, PT Telkom Indonesia (Persero) Tbk's Beta distribution charts can be found below:
* The bar in red indicates where PT Telkom Indonesia (Persero) Tbk's Beta falls into.
PT Telkom Indonesia (Persero) 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 Telkom Indonesia (Persero) Tbk (ISX:TLKM) has a Beta of 0.6170 as of Jun. 24, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for PT Telkom Indonesia (Persero) Tbk and its competitors.
Is PT Telkom Indonesia (Persero) Tbk's Beta too high?
PT Telkom Indonesia (Persero) Tbk's current Beta is 0.6170. Overall, PT Telkom Indonesia (Persero) Tbk has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PT Telkom Indonesia (Persero) Tbk's Beta compare to TMUS and VZ?
PT Telkom Indonesia (Persero) Tbk's Beta of 0.6170 can be compared against companies in the Telecommunication Services 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 a Telecommunication Services company?
A good Beta depends on the Telecommunication Services 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 Telkom Indonesia (Persero) Tbk and its competitors. PT Telkom Indonesia (Persero) Tbk's current Beta is 0.6170. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Telkom Indonesia (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Telkom Indonesia (Persero) Tbk (ISX:TLKM) is currently considered Modestly Undervalued. The stock's GF Value™ is Rp3,136.13, compared to a current price of Rp2,500.00 — trading 20.3% below its estimated fair value. The current Beta is 0.6170. PT Telkom Indonesia (Persero) Tbk's overall GF Score™ is 83/100 with 4 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 Telkom Indonesia (Persero) Tbk (ISX:TLKM), the current Beta is 0.6170 as of Jun. 24, 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 Telkom Indonesia (Persero) Tbk (ISX:TLKM) Overvalued in 2026?
Based on GuruFocus' analysis, PT Telkom Indonesia (Persero) Tbk stock appears to be undervalued.
The current stock price of Rp2,500.00 is trading 20.3% below its estimated GF Value™ of Rp3,136.13.
GuruFocus considers PT Telkom Indonesia (Persero) Tbk to be Modestly Undervalued.
Key valuation signals for ISX:TLKM:
Beta: 0.6170
GF Value™: Rp3,136.13 vs. price of Rp2,500.00 (20.3% below fair value)
No single metric tells the full story. See the ISX:TLKM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Telkom Indonesia (Persero) Tbk Business Description
PT Telkom Indonesia (Persero) Tbk is the integrated telecommunications provider in Indonesia. It also provides a wide range of other communication services, including telephone network, interconnection services, multimedia, data and internet communication-related services, satellite transponder leasing, leased line, intelligent network and related services, cable television, and VoIP services. It derives revenue from product lines: Mobile, Consumer, Enterprise, WIB, and Others. The firm has identified five reportable segments, namely B2C, B2B Infra, B2B ICT, International, and Others. The firm generates the majority of its revenue from the B2C segment.
83GF Score
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