Veritaas Advertising (NSE:VERITAAS) Beta: N/A (As of Aug. 31, 2026)

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Charlie Tian
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NSE:VERITAAS Veritaas Advertising Ltd NSE:VERITAAS
47 GF Score
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What is Veritaas Advertising Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-31), Veritaas Advertising's Beta is Not available.

Veritaas Advertising  (NSE:VERITAAS) 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)

Veritaas Advertising Beta Related Terms

Veritaas Advertising Beta Historical Data

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The historical data trend for Veritaas Advertising'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.

Veritaas Advertising Beta Chart

Veritaas Advertising Annual Data
Trend Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Beta
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Veritaas Advertising Semi-Annual Data
Mar21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Mar26
Beta Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
NSE:VERITAAS
47GF Score
Veritaas Advertising Ltd NSE:VERITAAS
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Veritaas Advertising 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.

Veritaas Advertising Business Description

Address Gariahat South Road, Rash Behari Avenue, 38/2A, Dhakuria, Kolkata, WB, IND, 700029
Veritaas Advertising Ltd is an integrated advertising agency offering comprehensive services across multiple platforms. It operates/advertises in police booths and outdoor hoardings and offers marketing and advertising services through the following platforms: OOH, Transit Media, and Events. It provides a high-end ecosystem and an end-to-end advertising solutions platform for advertising media services, consisting of Brand Strategy, Events, and Outdoor (OOH) Media services. These services cover various advertisement modes, including police booth hoardings, newspaper insertions, Brochures, and the display of outdoor hoardings.
47GF Score

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

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