Petrolimex Gas JSC (STC:PGC) Beta: N/A (As of Jun. 27, 2026)


What is Petrolimex Gas JSC Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-27), Petrolimex Gas JSC's Beta is Not available.


Petrolimex Gas JSC  (STC:PGC) 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)


Petrolimex Gas JSC Beta Related Terms


Petrolimex Gas JSC Beta Historical Data

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The historical data trend for Petrolimex Gas JSC'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.

Petrolimex Gas JSC Beta Chart

Petrolimex Gas JSC Annual Data
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Petrolimex Gas JSC Quarterly Data
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Petrolimex Gas JSC 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.


Petrolimex Gas JSC Business Description

Industry EnergyOil & Gas
Address No 1 Kham Thien Street, Van Mieu - Quoc Tu Giam Ward, Hanoi, VNM
Petrolimex Gas Corp JSC is a Vietnam based company engaged in the business of marketing liquefied petroleum gas. The company trades LPG and related products, such as storage tanks, cylinders and valves, for industrial and consumer usage. The organization operates in the business areas of Goods and Service. Goods business area of the organization comprises liquefied gas, commercial gas cylinders, and gas stove and gas stove accessories. The service business area includes paint repair, checking gas cylinders, installing industrial gas cylinders, and installation and operation of storage tanks and LPG technology.