Bide Pharmatech Co (SHSE:688073) Beta: 1.6996 (As of Aug. 04, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SHSE:688073 Bide Pharmatech Co Ltd SHSE:688073
86 GF Score
Price ¥50.65
GF Value ¥67.40
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Bide Pharmatech Co Beta?

Bide Pharmatech Co SHSE:688073 +9.28% 86 Beta is 1.6996 as of Aug. 04, 2026. GuruFocus rates SHSE:688073 with a GF Score™ of 86/100 and a GF Value™ of ¥67.40 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-04), Bide Pharmatech Co's Beta is 1.6996.


Bide Pharmatech Co  (SHSE:688073) 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)


Bide Pharmatech Co Beta Related Terms


Bide Pharmatech Co Beta Historical Data

* Premium members only.

The historical data trend for Bide Pharmatech Co's Beta can be seen below:

* 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.

Bide Pharmatech Co Beta Chart

Bide Pharmatech Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 2.14

Bide Pharmatech Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 1.90 2.14 1.68

SHSE:688073 vs ZTS: Beta Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Bide Pharmatech 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.


Bide Pharmatech Co Beta vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Bide Pharmatech Co's Beta distribution charts can be found below:

* The bar in red indicates where Bide Pharmatech Co's Beta falls into.


SHSE:688073
86GF Score
Bide Pharmatech Co Ltd SHSE:688073
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bide Pharmatech 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 1.6996 mean?
Bide Pharmatech Co (SHSE:688073) has a Beta of 1.6996 as of Aug. 04, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Bide Pharmatech Co and its competitors.
Is Bide Pharmatech Co's Beta too high?
Bide Pharmatech Co's current Beta is 1.6996. Overall, Bide Pharmatech Co has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bide Pharmatech Co's Beta compare to ZTS?
Bide Pharmatech Co's Beta of 1.6996 can be compared against companies in the Drug Manufacturers 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 Drug Manufacturers company?
A good Beta depends on the Drug Manufacturers 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 Bide Pharmatech Co and its competitors. Bide Pharmatech Co's current Beta is 1.6996. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bide Pharmatech Co stock overvalued right now?
Based on GuruFocus' analysis, Bide Pharmatech Co (SHSE:688073) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥67.40, compared to a current price of ¥50.65 — trading 24.9% below its estimated fair value. The current Beta is 1.6996. Bide Pharmatech Co's overall GF Score™ is 86/100 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 Bide Pharmatech Co (SHSE:688073), the current Beta is 1.6996 as of Aug. 04, 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 Bide Pharmatech Co (SHSE:688073) Overvalued in 2026?

Based on GuruFocus' analysis, Bide Pharmatech Co stock appears to be undervalued. The current stock price of ¥50.65 is trading 24.9% below its estimated GF Value™ of ¥67.40. GuruFocus considers Bide Pharmatech Co to be Modestly Undervalued.

Key valuation signals for SHSE:688073:

  • Beta: 1.6996
  • GF Value™: ¥67.40 vs. price of ¥50.65 (24.9% below fair value)
  • GF Score™: 86/100 with 3 warning signs

No single metric tells the full story. See the SHSE:688073 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bide Pharmatech Co Business Description

Address No. 128, Xiangyin Road, Room 101, Block A, Building 11, Yangpu District, Shanghai, CHN, 200433
Bide Pharmatech Co Ltd is engaged in the research and development, design, production and sales of drug molecular building blocks.
86GF Score

Get the complete analysis for SHSE:688073

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥50.65
Price
¥67.40
GF Value