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Shining Building Business Co (TPE:5531) Beta : 0.17 (As of Jan. 18, 2025)


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What is Shining Building Business Co Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2025-01-18), Shining Building Business Co's Beta is 0.17.


Shining Building Business Co Beta Historical Data

The historical data trend for Shining Building Business 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.

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Shining Building Business Co Beta Chart

Shining Building Business 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 1.09 1.38 1.39 0.96 0.55

Shining Building Business 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 1.12 0.55 0.49 0.30 0.23

Competitive Comparison of Shining Building Business Co's Beta

For the Engineering & Construction subindustry, Shining Building Business 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.


Shining Building Business Co's Beta Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shining Building Business Co's Beta distribution charts can be found below:

* The bar in red indicates where Shining Building Business Co's Beta falls into.



Shining Building Business 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.


Shining Building Business Co  (TPE:5531) 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)


Shining Building Business Co Beta Related Terms

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Shining Building Business Co Business Description

Traded in Other Exchanges
N/A
Address
No. 408, Sec. 2,Taiwan Boulevard, West District, Taichung City, TWN
Shining Building Business Co Ltd is engaged in the business of entrusting construction firms to build commercial buildings, and rent, and sell public housing. The company operates through three business segments. The building unit is engaged in the business of building commercial buildings and renting and selling public housing. The construction Unit is engaged in construction and civil engineering, and the Other Unit includes the construction of hotels, real estate development, and general investment businesses. Its geographic areas are Taiwan and Mainland China.

Shining Building Business Co Headlines

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