Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-28), Jiangsu Phoenix Publishing & Media's Beta is 0.3833.
Jiangsu Phoenix Publishing & Media (SHSE:601928) 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)
Jiangsu Phoenix Publishing & Media Beta Related Terms
Jiangsu Phoenix Publishing & Media 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 Publishing subindustry, Jiangsu Phoenix Publishing & Media'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.
Jiangsu Phoenix Publishing & Media Beta vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Jiangsu Phoenix Publishing & Media's Beta distribution charts can be found below:
* The bar in red indicates where Jiangsu Phoenix Publishing & Media's Beta falls into.
Jiangsu Phoenix Publishing & Media 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.
Jiangsu Phoenix Publishing & Media (SHSE:601928) has a Beta of 0.3833 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 Jiangsu Phoenix Publishing & Media and its competitors.
Is Jiangsu Phoenix Publishing & Media's Beta too high?
Jiangsu Phoenix Publishing & Media's current Beta is 0.3833. Overall, Jiangsu Phoenix Publishing & Media has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Jiangsu Phoenix Publishing & Media's Beta compare to NYT and WLY?
Jiangsu Phoenix Publishing & Media's Beta of 0.3833 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 Jiangsu Phoenix Publishing & Media and its competitors. Jiangsu Phoenix Publishing & Media's current Beta is 0.3833. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jiangsu Phoenix Publishing & Media stock overvalued right now?
Based on GuruFocus' analysis, Jiangsu Phoenix Publishing & Media (SHSE:601928) is currently considered Fairly Valued. The stock's GF Value™ is ¥9.23, compared to a current price of ¥8.77 — trading 5% below its estimated fair value. The current Beta is 0.3833. Jiangsu Phoenix Publishing & Media's overall GF Score™ is 65/100 with 4 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 Jiangsu Phoenix Publishing & Media (SHSE:601928), the current Beta is 0.3833 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.
Is Jiangsu Phoenix Publishing & Media (SHSE:601928) Overvalued in 2026?
Based on GuruFocus' analysis, Jiangsu Phoenix Publishing & Media stock appears to be undervalued.
The current stock price of ¥8.77 is trading 5% below its estimated GF Value™ of ¥9.23.
GuruFocus considers Jiangsu Phoenix Publishing & Media to be Fairly Valued.
Key valuation signals for SHSE:601928:
Beta: 0.3833
GF Value™: ¥9.23 vs. price of ¥8.77 (5% below fair value)
No single metric tells the full story. See the SHSE:601928 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Jiangsu Phoenix Publishing & Media Business Description
Jiangsu Phoenix Publishing & Media Corp Ltd is a China-based publishing company. The company operates four segments. The Publishing segment covers the publishing and distribution of textbooks, teaching aids, general books, audio-visual products, and vocational education software. The Issuing Division handles the wholesale and retail of teaching materials, teaching aids, general books, audio-visual products, and cultural supplies. The Other segment includes new media businesses such as software development, film and television production, digital asset management, cloud services, and investment management. The Headquarters segment oversees distribution management, procurement, settlement, group publication distribution, textbook bidding, and publishing business management.
65GF Score
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