GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lanzhou Zhuangyuan Pasture Co Ltd (SZSE:002910) » Definitions » Beta

Lanzhou Zhuangyuan Pasture Co (SZSE:002910) Beta : 1.18 (As of Apr. 18, 2025)


View and export this data going back to 2017. Start your Free Trial

What is Lanzhou Zhuangyuan Pasture Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-04-18), Lanzhou Zhuangyuan Pasture Co's Beta is 1.18.


Lanzhou Zhuangyuan Pasture Co Beta Historical Data

The historical data trend for Lanzhou Zhuangyuan Pasture 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.

* Premium members only.

Lanzhou Zhuangyuan Pasture Co Beta Chart

Lanzhou Zhuangyuan Pasture Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.33 1.13 0.61 0.83

Lanzhou Zhuangyuan Pasture Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.69 0.83 0.74 0.76 0.88

Competitive Comparison of Lanzhou Zhuangyuan Pasture Co's Beta

For the Farm Products subindustry, Lanzhou Zhuangyuan Pasture 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.


Lanzhou Zhuangyuan Pasture Co's Beta Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Lanzhou Zhuangyuan Pasture Co's Beta distribution charts can be found below:

* The bar in red indicates where Lanzhou Zhuangyuan Pasture Co's Beta falls into.


;
;

Lanzhou Zhuangyuan Pasture 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.


Lanzhou Zhuangyuan Pasture Co  (SZSE:002910) 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)


Lanzhou Zhuangyuan Pasture Co Beta Related Terms

Thank you for viewing the detailed overview of Lanzhou Zhuangyuan Pasture Co's Beta provided by GuruFocus.com. Please click on the following links to see related term pages.


Lanzhou Zhuangyuan Pasture Co Business Description

Traded in Other Exchanges
N/A
Address
No. 601, Yanyuan Road, 25th-26th Floors, Block B, Shanghui Building of Gansu Province, Chengguan District, Gansu Province, Lanzhou City, CHN
Lanzhou Zhuangyuan Pasture Co Ltd manufactures, markets, and sells dairy products in China. The company operates through two segments, Dairy Farming and Dairy Products Production. Dairy Farming segment involves breeding dairy cows to produce and sell raw milk. Dairy Products Production segment involves the production and sales of Pasteurized Milk, UHT Milk, Modified Milk, Yogurt and Other Dairy Products. It principally operates in Mainland China. Dairy Products segment derives main revenue for the group.

Lanzhou Zhuangyuan Pasture Co Headlines

No Headlines