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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-28), Shanghai Moons' Electric Co's Beta is 2.3045.
Shanghai Moons' Electric Co (SHSE:603728) 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 Electrical Equipment & Parts subindustry, Shanghai Moons' Electric 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.
Shanghai Moons' Electric Co Beta vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Shanghai Moons' Electric Co's Beta distribution charts can be found below:
* The bar in red indicates where Shanghai Moons' Electric 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.
Shanghai Moons' Electric Co (SHSE:603728) has a Beta of 2.3045 as of Jul. 28, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Shanghai Moons' Electric Co and its competitors.
Is Shanghai Moons' Electric Co's Beta too high?
Shanghai Moons' Electric Co's current Beta is 2.3045. Overall, Shanghai Moons' Electric Co has a GF Score™ of 80/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shanghai Moons' Electric Co's Beta compare to VRT and BE?
Shanghai Moons' Electric Co's Beta of 2.3045 can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Beta depends on the Industrial Products 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 Shanghai Moons' Electric Co and its competitors. Shanghai Moons' Electric Co's current Beta is 2.3045. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shanghai Moons' Electric Co stock overvalued right now?
Based on GuruFocus' analysis, Shanghai Moons' Electric Co (SHSE:603728) is currently considered Significantly Undervalued. The stock's GF Value™ is ¥69.52, compared to a current price of ¥47.01 — trading 32.4% below its estimated fair value. The current Beta is 2.3045. Shanghai Moons' Electric Co's overall GF Score™ is 80/100 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 Shanghai Moons' Electric Co (SHSE:603728), the current Beta is 2.3045 as of Jul. 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 Shanghai Moons' Electric Co (SHSE:603728) Overvalued in 2026?
Based on GuruFocus' analysis, Shanghai Moons' Electric Co stock appears to be undervalued.
The current stock price of ¥47.01 is trading 32.4% below its estimated GF Value™ of ¥69.52.
GuruFocus considers Shanghai Moons' Electric Co to be Significantly Undervalued.
Key valuation signals for SHSE:603728:
Beta: 2.3045
GF Value™: ¥69.52 vs. price of ¥47.01 (32.4% below fair value)
No single metric tells the full story. See the SHSE:603728 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shanghai Moons' Electric Co Ltd is a China based manufacturer of motion control, intelligent LED lighting control, and industrial equipment management. Its products include drives, slotless motors, rotary stepper products, LED drivers, and Step-Servo products. The company has a business presence in China and various other countries. In addition, the company also offers support and training services. The products offered by the company have applications in various fields including 3D printer, lightning, textile, security, telecom, and medical and life science.
80GF Score
Get the complete analysis for SHSE:603728
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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