PKLE (PickleJar Entertainment Group) Beta: 12.8414 (As of Jul. 31, 2026)

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What is PickleJar Entertainment Group Beta?

PickleJar Entertainment Group PKLE Beta is 12.8414 as of Jul. 31, 2026.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-31), PickleJar Entertainment Group's Beta is 12.8414.

PickleJar Entertainment Group  (OTCPK:PKLE) 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)

PickleJar Entertainment Group Beta Related Terms

PickleJar Entertainment Group Beta Historical Data

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The historical data trend for PickleJar Entertainment Group'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.

PickleJar Entertainment Group Beta Chart

PickleJar Entertainment Group Annual Data
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Beta

PickleJar Entertainment Group Semi-Annual Data
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PKLE vs LIVG, ALDS, FMTOF: Beta Comparison

For the Software - Application subindustry, PickleJar Entertainment Group'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.

PickleJar Entertainment Group Beta vs Software Industry

For the Software industry and Technology sector, PickleJar Entertainment Group's Beta distribution charts can be found below:

* The bar in red indicates where PickleJar Entertainment Group's Beta falls into.


PickleJar Entertainment Group 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 12.8414 mean?
PickleJar Entertainment Group (PKLE) has a Beta of 12.8414 as of Jul. 31, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for PickleJar Entertainment Group and its competitors.
Is PickleJar Entertainment Group's Beta too high?
PickleJar Entertainment Group's current Beta is 12.8414.
How does PickleJar Entertainment Group's Beta compare to LIVG and ALDS?
PickleJar Entertainment Group's Beta of 12.8414 can be compared against companies in the Software 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 Software company?
A good Beta depends on the Software 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 PickleJar Entertainment Group and its competitors. PickleJar Entertainment Group's current Beta is 12.8414. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PickleJar Entertainment Group stock overvalued right now?
PickleJar Entertainment Group (PKLE) has a current Beta of 12.8414. The current Beta is 12.8414. 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 PickleJar Entertainment Group (PKLE), the current Beta is 12.8414 as of Jul. 31, 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.

PickleJar Entertainment Group Business Description

Address 2 Riverway, Suite 1750, Houston, TX, USA, 77056
PickleJar Entertainment Group Inc is a technology-driven entertainment platform company that unlocks the potential of shared entertainment experiences through an integrated suite of software and services. The Company's platform is designed to inspire human creativity and enrich lives by connecting fans with emerging artists, mid-sized venues, and brands within the era of social commerce. The Company generates revenues from the following segments: Artist Promotions; Venue-Managed Event Ticket Sales; Related Party IT Services; Radio Show Bookings; Point-of-Sale Services; and Sponsorship Income.