Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-25), Southern Petrochemicals Industries's Beta is 1.4046.
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)
Southern Petrochemicals Industries Beta Related Terms
Southern Petrochemicals Industries 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 Agricultural Inputs subindustry, Southern Petrochemicals Industries'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.
Southern Petrochemicals Industries Beta vs Agriculture Industry
For the Agriculture industry and Basic Materials sector, Southern Petrochemicals Industries's Beta distribution charts can be found below:
* The bar in red indicates where Southern Petrochemicals Industries'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.
Southern Petrochemicals Industries (NSE:SPIC) has a Beta of 1.4046 as of Jun. 25, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Southern Petrochemicals Industries and its competitors.
Is Southern Petrochemicals Industries' Beta too high?
Southern Petrochemicals Industries' current Beta is 1.4046. Overall, Southern Petrochemicals Industries has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Southern Petrochemicals Industries' Beta compare to CTVA and CF?
Southern Petrochemicals Industries' Beta of 1.4046 can be compared against companies in the Agriculture 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 Agriculture company?
A good Beta depends on the Agriculture 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 Southern Petrochemicals Industries and its competitors. Southern Petrochemicals Industries's current Beta is 1.4046. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Petrochemicals Industries stock overvalued right now?
Based on GuruFocus' analysis, Southern Petrochemicals Industries (NSE:SPIC) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹386.69, compared to a current price of ₹69.08 — trading 82.1% below its estimated fair value. The current Beta is 1.4046. Southern Petrochemicals Industries' overall GF Score™ is 78/100 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 Southern Petrochemicals Industries (NSE:SPIC), the current Beta is 1.4046 as of Jun. 25, 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 Southern Petrochemicals Industries (NSE:SPIC) Overvalued in 2026?
Based on GuruFocus' analysis, Southern Petrochemicals Industries stock appears to be undervalued.
The current stock price of ₹69.08 is trading 82.1% below its estimated GF Value™ of ₹386.69.
GuruFocus considers Southern Petrochemicals Industries to be Significantly Undervalued.
Key valuation signals for NSE:SPIC:
Beta: 1.4046
GF Value™: ₹386.69 vs. price of ₹69.08 (82.1% below fair value)
No single metric tells the full story. See the NSE:SPIC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Southern Petrochemicals Industries Business Description
Southern Petrochemicals Industries Corp Ltd is a manufacturer and seller of nitrogenous and phosphatic fertilizers, including urea and neem-coated urea. The company operates a large fertilizer complex in Tuticorin, Tamil Nadu, capable of producing substantial volumes to support agricultural productivity across India. SPIC also provides secondary and micronutrient fertilizers, organic fertilizers, biopesticides, and plant growth regulators to enrich soil and crop health. Its industrial by-products, such as phosphoric acid and sulfuric acid, serve other sectors like cement and aluminum production. Revenue is majorly generated from the sale of fertilizer products through an extensive dealer network serving rural and farming communities nationwide.
78GF Score
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