Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Krung Thai Bank PCL's Beta is 0.0382.
Krung Thai Bank PCL (OTCPK:KGTFF) 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)
* 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 Banks - Regional subindustry, Krung Thai Bank PCL'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.
Krung Thai Bank PCL Beta vs Banks Industry
For the Banks industry and Financial Services sector, Krung Thai Bank PCL's Beta distribution charts can be found below:
* The bar in red indicates where Krung Thai Bank PCL's Beta falls into.
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.
Krung Thai Bank PCL (KGTFF) has a Beta of 0.0382 as of Jun. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Krung Thai Bank PCL and its competitors.
Is Krung Thai Bank PCL's Beta too high?
Krung Thai Bank PCL's current Beta is 0.0382. Overall, Krung Thai Bank PCL has a GF Score™ of 35/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Krung Thai Bank PCL's Beta compare to competitors?
Krung Thai Bank PCL's Beta of 0.0382 can be compared against companies in the Banks 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 Banks company?
A good Beta depends on the Banks 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 Krung Thai Bank PCL and its competitors. Krung Thai Bank PCL's current Beta is 0.0382. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Krung Thai Bank PCL stock overvalued right now?
Based on GuruFocus' analysis, Krung Thai Bank PCL (KGTFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.67, compared to a current price of $1.15 — trading 71.6% above its estimated fair value. The current Beta is 0.0382. Krung Thai Bank PCL's overall GF Score™ is 35/100 with 6 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 Krung Thai Bank PCL (KGTFF), the current Beta is 0.0382 as of Jun. 26, 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 Krung Thai Bank PCL (KGTFF) Overvalued in 2026?
Based on GuruFocus' analysis, Krung Thai Bank PCL stock appears to be overvalued.
The current stock price of $1.15 is trading 71.6% above its estimated GF Value™ of $0.67.
GuruFocus considers Krung Thai Bank PCL to be Significantly Overvalued.
Key valuation signals for KGTFF:
Beta: 0.0382
GF Value™: $0.67 vs. price of $1.15 (71.6% above fair value)
No single metric tells the full story. See the KGTFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Krung Thai Bank PCL is a commercial bank in Thailand conducting its business through a nationwide branch network and in certain centers of the world. The company operates in the following reportable segments: Retail banking, Corporate banking, and Treasury and investments. Maximum revenue is generated from its Retail banking segment, which develops financial products and services and also provides services for individual customers relating to deposits, loans, payment for goods and services, and others. The Corporate Banking segment provides credit facilities and financial services to corporate clients, and the Treasury and Investments segment controls the bank's financial structure and manages its equity investments, international business, and excess liquidity.
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