Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-06), China Film Group Co's Beta is 1.0922.
China Film Group Co (SHSE:600977) 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.
For the Entertainment subindustry, China Film Group 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 Film Group Co Beta vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, China Film Group Co's Beta distribution charts can be found below:
* The bar in red indicates where China Film Group Co'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.
China Film Group Co (SHSE:600977) has a Beta of 1.0922 as of Jul. 06, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for China Film Group Co and its competitors.
Is China Film Group Co's Beta too high?
China Film Group Co's current Beta is 1.0922. Overall, China Film Group Co has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does China Film Group Co's Beta compare to NFLX and DIS?
China Film Group Co's Beta of 1.0922 can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Beta depends on the Media - Diversified 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 Film Group Co and its competitors. China Film Group Co's current Beta is 1.0922. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Film Group Co stock overvalued right now?
Based on GuruFocus' analysis, China Film Group Co (SHSE:600977) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥12.71, compared to a current price of ¥14.41 — trading 13.4% above its estimated fair value. The current Beta is 1.0922. China Film Group Co's overall GF Score™ is 82/100 with 3 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 Film Group Co (SHSE:600977), the current Beta is 1.0922 as of Jul. 06, 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 Film Group Co (SHSE:600977) Overvalued in 2026?
Based on GuruFocus' analysis, China Film Group Co stock appears to be overvalued.
The current stock price of ¥14.41 is trading 13.4% above its estimated GF Value™ of ¥12.71.
GuruFocus considers China Film Group Co to be Modestly Overvalued.
Key valuation signals for SHSE:600977:
Beta: 1.0922
GF Value™: ¥12.71 vs. price of ¥14.41 (13.4% above fair value)
No single metric tells the full story. See the SHSE:600977 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
China Film Group Co Ltd is engaged in film and television production, film distribution, film screening, and film and television service business. The company's business includes six sectors: creation, distribution, screening, technology, services, and innovation, covering film and TV series production, post-product management; domestic and imported film promotion and distribution; cinema investment, theater chain management; film technology research and development, film and television equipment production and sales and technical services; film and television production, ticketing platform and financial leasing services and other fields.
82GF Score
Get the complete analysis for SHSE:600977
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