Service Long March Tyres (KAR:SLM) Beta: N/A (As of Jun. 29, 2026)


KAR:SLM Service Long March Tyres Ltd KAR:SLM
24 GF Score
Price ₨24.87
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What is Service Long March Tyres Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-29), Service Long March Tyres's Beta is Not available.

Service Long March Tyres  (KAR:SLM) 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)

Service Long March Tyres Beta Related Terms

Service Long March Tyres Beta Historical Data

* Premium members only.

The historical data trend for Service Long March Tyres'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.

Service Long March Tyres Beta Chart

Service Long March Tyres Annual Data
Trend Jun24 Jun25
Beta
0.00 0.00

Service Long March Tyres Quarterly Data
Jun24 Jun25
Beta 0.00 0.00
KAR:SLM
24GF Score
Service Long March Tyres Ltd KAR:SLM
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Service Long March Tyres 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.

Service Long March Tyres Business Description

Address Servis House, 2, Main Gulberg, Lahore, PB, PAK
Service Long March Tyres Ltd is engaged in the business of manufacturing, sale, marketing, import and export of all steel radial truck, bus, light truck and off the road tyres. Geographically, the company operates in Pakistan, USA, Brazil, South Africa, Puerto Rico, Egypt and UAE, of which Pakistan derives maximum revenue.
24GF Score

Get the complete analysis for KAR:SLM

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨24.87
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