Chatham Rock Phosphate (NZSE:CRP) Beta: -0.6206 (As of Jun. 28, 2026)


What is Chatham Rock Phosphate Beta?

Chatham Rock Phosphate NZSE:CRP +1.82% Beta is -0.6206 as of Jun. 28, 2026. The stock has 2 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-28), Chatham Rock Phosphate's Beta is -0.6206.

Chatham Rock Phosphate  (NZSE:CRP) 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)

Chatham Rock Phosphate Beta Related Terms

Chatham Rock Phosphate Beta Historical Data

* Premium members only.

The historical data trend for Chatham Rock Phosphate'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.

Chatham Rock Phosphate Beta Chart

Chatham Rock Phosphate Annual Data
Trend Dec15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.33 -0.48 -1.37 -0.93 -1.91

Chatham Rock Phosphate Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.73 -1.91 -0.94 -1.65 -1.39

Chatham Rock Phosphate Beta Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Chatham Rock Phosphate'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.

Chatham Rock Phosphate Beta vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Chatham Rock Phosphate's Beta distribution charts can be found below:

* The bar in red indicates where Chatham Rock Phosphate's Beta falls into.


Chatham Rock Phosphate 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of -0.6206 mean?
Chatham Rock Phosphate (NZSE:CRP) has a Beta of -0.6206 as of Jun. 28, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Chatham Rock Phosphate and its competitors.
Is Chatham Rock Phosphate's Beta too high?
Chatham Rock Phosphate's current Beta is -0.6206.
How does Chatham Rock Phosphate's Beta compare to competitors?
Chatham Rock Phosphate's Beta of -0.6206 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Beta depends on the Metals & Mining 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 Chatham Rock Phosphate and its competitors. Chatham Rock Phosphate's current Beta is -0.6206. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chatham Rock Phosphate stock overvalued right now?
Chatham Rock Phosphate (NZSE:CRP) has a current Beta of -0.6206. The current Beta is -0.6206. 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 Chatham Rock Phosphate (NZSE:CRP), the current Beta is -0.6206 as of Jun. 28, 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.

Chatham Rock Phosphate Business Description

Other Exchanges 3GRE:GermanyNZP:Canada
Address 93 The Terrace, Level 1, Wellington, NZL, 6011
Chatham Rock Phosphate Ltd operates as a mineral exploration company. The company is engaged in the development and exploration of the Chatham Rise rock phosphate deposit offshore in New Zealand. The company also holds a mining permit over an area off the coast of New Zealand with seabed deposits of rock phosphate and other potentially valuable minerals.