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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-21), Crystal Growth and Energy Equipment's Beta is 1.6800.
Crystal Growth and Energy Equipment (SHSE:688478) 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)
Crystal Growth and Energy Equipment Beta Related Terms
Crystal Growth and Energy Equipment 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 Specialty Industrial Machinery subindustry, Crystal Growth and Energy Equipment'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.
Crystal Growth and Energy Equipment Beta vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Crystal Growth and Energy Equipment's Beta distribution charts can be found below:
* The bar in red indicates where Crystal Growth and Energy Equipment's Beta falls into.
Crystal Growth and Energy Equipment 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.
Crystal Growth and Energy Equipment (SHSE:688478) has a Beta of 1.6800 as of Jul. 21, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Crystal Growth and Energy Equipment and its competitors.
Is Crystal Growth and Energy Equipment's Beta too high?
Crystal Growth and Energy Equipment's current Beta is 1.6800. Overall, Crystal Growth and Energy Equipment has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Crystal Growth and Energy Equipment's Beta compare to GEV and ETN?
Crystal Growth and Energy Equipment's Beta of 1.6800 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 Crystal Growth and Energy Equipment and its competitors. Crystal Growth and Energy Equipment's current Beta is 1.6800. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Crystal Growth and Energy Equipment stock overvalued right now?
Based on GuruFocus' analysis, Crystal Growth and Energy Equipment (SHSE:688478) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥3.61, compared to a current price of ¥47.28 — trading 1209.7% above its estimated fair value. The current Beta is 1.6800. Crystal Growth and Energy Equipment's overall GF Score™ is 57/100 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 Crystal Growth and Energy Equipment (SHSE:688478), the current Beta is 1.6800 as of Jul. 21, 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 Crystal Growth and Energy Equipment (SHSE:688478) Overvalued in 2026?
Based on GuruFocus' analysis, Crystal Growth and Energy Equipment stock appears to be overvalued.
The current stock price of ¥47.28 is trading 1209.7% above its estimated GF Value™ of ¥3.61.
GuruFocus considers Crystal Growth and Energy Equipment to be Significantly Overvalued.
Key valuation signals for SHSE:688478:
Beta: 1.6800
GF Value™: ¥3.61 vs. price of ¥47.28 (1209.7% above fair value)
No single metric tells the full story. See the SHSE:688478 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Crystal Growth and Energy Equipment Business Description
AddressHongfeng Science and Technology Park, Economic and Technological Development Zone, Jiangsu Province, West side of Building B4, Nanjing, CHN, 210000
Crystal Growth and Energy Equipment Inc specializes in the development of 8-12-inch semiconductor-grade silicon single crystal furnaces, 6-8-inch silicon carbide, gallium arsenide and other semiconductor material growth equipment and processes.
57GF Score
Get the complete analysis for SHSE:688478
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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