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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-09-11), HI-Green Carbon's Beta is 0.5283.
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)
HI-Green Carbon Beta Related Terms
HI-Green Carbon Beta Historical Data
* Premium members only.
The historical data trend for HI-Green Carbon'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.
For the Specialty Chemicals subindustry, HI-Green Carbon'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.
HI-Green Carbon Beta vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, HI-Green Carbon's Beta distribution charts can be found below:
* The bar in red indicates where HI-Green Carbon'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.
HI-Green Carbon (NSE:HIGREEN) has a Beta of 0.5283 as of Sep. 11, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for HI-Green Carbon and its competitors.
Is HI-Green Carbon's Beta too high?
HI-Green Carbon's current Beta is 0.5283. Overall, HI-Green Carbon has a GF Score™ of 70/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HI-Green Carbon's Beta compare to LIN and SHW?
HI-Green Carbon's Beta of 0.5283 can be compared against companies in the Chemicals 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 Chemicals company?
A good Beta depends on the Chemicals 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 HI-Green Carbon and its competitors. HI-Green Carbon's current Beta is 0.5283. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HI-Green Carbon stock overvalued right now?
Based on GuruFocus' analysis, HI-Green Carbon (NSE:HIGREEN) is currently considered Possible Value Trap. The stock's GF Value™ is ₹340.20, compared to a current price of ₹122.00 — trading 64.1% below its estimated fair value. The current Beta is 0.5283. HI-Green Carbon's overall GF Score™ is 70/100 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 HI-Green Carbon (NSE:HIGREEN), the current Beta is 0.5283 as of Sep. 11, 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 HI-Green Carbon (NSE:HIGREEN) Overvalued in 2026?
Based on GuruFocus' analysis, HI-Green Carbon stock appears to be undervalued.
The current stock price of ₹122.00 is trading 64.1% below its estimated GF Value™ of ₹340.20.
GuruFocus considers HI-Green Carbon to be Possible Value Trap.
Key valuation signals for NSE:HIGREEN:
Beta: 0.5283
GF Value™: ₹340.20 vs. price of ₹122.00 (64.1% below fair value)
No single metric tells the full story. See the NSE:HIGREEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hi-Green Carbon Ltd is engaged in the business of recycling waste tires using a continuous pyrolysis process at its manufacturing plant in Rajasthan, India. The process produces energy components and raw materials such as Recovered Carbon Black (rCB), steel wires, fuel oil, and synthesis gas. The company operates an integrated, automated plant with a capacity to recycle tons of waste tires per day and adheres to various environmental, health, safety, and quality certifications. Hi-Green Carbon is expanding its production capacity with plans for new manufacturing units to enhance production and sustainability efforts. Revenue comes from the sale of these recycled products and by-products.
70GF Score
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