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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-18), China Aerospace Times Electronic Co's Beta is 1.7157.
China Aerospace Times Electronic Co (SHSE:600879) 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)
China Aerospace Times Electronic Co Beta Related Terms
China Aerospace Times Electronic Co 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 Aerospace & Defense subindustry, China Aerospace Times Electronic Co'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.
China Aerospace Times Electronic Co Beta vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, China Aerospace Times Electronic Co's Beta distribution charts can be found below:
* The bar in red indicates where China Aerospace Times Electronic Co's Beta falls into.
China Aerospace Times Electronic Co 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.
China Aerospace Times Electronic Co (SHSE:600879) has a Beta of 1.7157 as of Jul. 18, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for China Aerospace Times Electronic Co and its competitors.
Is China Aerospace Times Electronic Co's Beta too high?
China Aerospace Times Electronic Co's current Beta is 1.7157. Overall, China Aerospace Times Electronic Co has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Aerospace Times Electronic Co's Beta compare to SPCX and GE?
China Aerospace Times Electronic Co's Beta of 1.7157 can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Beta depends on the Aerospace & Defense 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 China Aerospace Times Electronic Co and its competitors. China Aerospace Times Electronic Co's current Beta is 1.7157. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Aerospace Times Electronic Co stock overvalued right now?
Based on GuruFocus' analysis, China Aerospace Times Electronic Co (SHSE:600879) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥8.51, compared to a current price of ¥16.28 — trading 91.3% above its estimated fair value. The current Beta is 1.7157. China Aerospace Times Electronic Co's overall GF Score™ is 46/100 with 6 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 China Aerospace Times Electronic Co (SHSE:600879), the current Beta is 1.7157 as of Jul. 18, 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 China Aerospace Times Electronic Co (SHSE:600879) Overvalued in 2026?
Based on GuruFocus' analysis, China Aerospace Times Electronic Co stock appears to be overvalued.
The current stock price of ¥16.28 is trading 91.3% above its estimated GF Value™ of ¥8.51.
GuruFocus considers China Aerospace Times Electronic Co to be Significantly Overvalued.
Key valuation signals for SHSE:600879:
Beta: 1.7157
GF Value™: ¥8.51 vs. price of ¥16.28 (91.3% above fair value)
No single metric tells the full story. See the SHSE:600879 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Aerospace Times Electronic Co Business Description
China Aerospace Times Electronic Co Ltd is a China-based company. It engaged in the manufacturing and distribution of aerospace electronic products. Its products include satellite applications, inertial navigation, Integrated circuit, Drone.
46GF Score
Get the complete analysis for SHSE:600879
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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