Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), PT Bukit Asam (Persero) Tbk's Beta is 1.5386.
PT Bukit Asam (Persero) Tbk (OTCPK:PBATF) 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.
PT Bukit Asam (Persero) Tbk Beta Competitor Comparison
For the Thermal Coal subindustry, PT Bukit Asam (Persero) Tbk'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.
PT Bukit Asam (Persero) Tbk Beta vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT Bukit Asam (Persero) Tbk's Beta distribution charts can be found below:
* The bar in red indicates where PT Bukit Asam (Persero) Tbk'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.
PT Bukit Asam (Persero) Tbk (PBATF) has a Beta of 1.5386 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 PT Bukit Asam (Persero) Tbk and its competitors.
Is PT Bukit Asam (Persero) Tbk's Beta too high?
PT Bukit Asam (Persero) Tbk's current Beta is 1.5386. Overall, PT Bukit Asam (Persero) Tbk has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Bukit Asam (Persero) Tbk's Beta compare to competitors?
PT Bukit Asam (Persero) Tbk's Beta of 1.5386 can be compared against companies in the Other Energy Sources 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 Other Energy Sources company?
A good Beta depends on the Other Energy Sources 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 PT Bukit Asam (Persero) Tbk and its competitors. PT Bukit Asam (Persero) Tbk's current Beta is 1.5386. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Bukit Asam (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Bukit Asam (Persero) Tbk (PBATF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.11, compared to a current price of $0.17 — trading 54.5% above its estimated fair value. The current Beta is 1.5386. PT Bukit Asam (Persero) Tbk's overall GF Score™ is 66/100 with 5 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 PT Bukit Asam (Persero) Tbk (PBATF), the current Beta is 1.5386 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 PT Bukit Asam (Persero) Tbk (PBATF) Overvalued in 2026?
Based on GuruFocus' analysis, PT Bukit Asam (Persero) Tbk stock appears to be overvalued.
The current stock price of $0.17 is trading 54.5% above its estimated GF Value™ of $0.11.
GuruFocus considers PT Bukit Asam (Persero) Tbk to be Significantly Overvalued.
Key valuation signals for PBATF:
Beta: 1.5386
GF Value™: $0.11 vs. price of $0.17 (54.5% above fair value)
No single metric tells the full story. See the PBATF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Bukit Asam (Persero) Tbk operates in Indonesia's energy sector, managing coal reserves and producing coal for domestic and export markets. The operations of the company include logistics and infrastructure for coal distribution via dedicated routes and railways, downstream processing of coal for power generation and derivative products, and development of renewable energy projects, including solar power (PV) and biomass.
66GF Score
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