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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-15), Duzhe Publishing and Media Co's Beta is 0.4939.
Duzhe Publishing and Media Co (SHSE:603999) 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)
Duzhe Publishing and Media Co Beta Related Terms
Duzhe Publishing and Media 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 Publishing subindustry, Duzhe Publishing and Media 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.
Duzhe Publishing and Media Co Beta vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Duzhe Publishing and Media Co's Beta distribution charts can be found below:
* The bar in red indicates where Duzhe Publishing and Media 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.
Duzhe Publishing and Media Co (SHSE:603999) has a Beta of 0.4939 as of Aug. 15, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Duzhe Publishing and Media Co and its competitors.
Is Duzhe Publishing and Media Co's Beta too high?
Duzhe Publishing and Media Co's current Beta is 0.4939. Overall, Duzhe Publishing and Media Co has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Duzhe Publishing and Media Co's Beta compare to NYT and WLY?
Duzhe Publishing and Media Co's Beta of 0.4939 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 Duzhe Publishing and Media Co and its competitors. Duzhe Publishing and Media Co's current Beta is 0.4939. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Duzhe Publishing and Media Co stock overvalued right now?
Based on GuruFocus' analysis, Duzhe Publishing and Media Co (SHSE:603999) is currently considered Modestly Overvalued. The stock's GF Value™ is ¥4.34, compared to a current price of ¥5.56 — trading 28.1% above its estimated fair value. The current Beta is 0.4939. Duzhe Publishing and Media Co's overall GF Score™ is 55/100 with 2 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 Duzhe Publishing and Media Co (SHSE:603999), the current Beta is 0.4939 as of Aug. 15, 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 Duzhe Publishing and Media Co (SHSE:603999) Overvalued in 2026?
Based on GuruFocus' analysis, Duzhe Publishing and Media Co stock appears to be overvalued.
The current stock price of ¥5.56 is trading 28.1% above its estimated GF Value™ of ¥4.34.
GuruFocus considers Duzhe Publishing and Media Co to be Modestly Overvalued.
Key valuation signals for SHSE:603999:
Beta: 0.4939
GF Value™: ¥4.34 vs. price of ¥5.56 (28.1% above fair value)
No single metric tells the full story. See the SHSE:603999 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Duzhe Publishing and Media Co Ltd engaged in the publication and distribution of journals. The company also involves in the publication and distribution of electronic audio-visual products, advertising business, and new media business.
55GF Score
Get the complete analysis for SHSE:603999
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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