Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Chong Hong Construction Co's Beta is -0.0349.
Chong Hong Construction Co (TPE:5534) 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)
* 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.
Chong Hong Construction Co Beta Competitor Comparison
For the Real Estate - Development subindustry, Chong Hong Construction 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.
Chong Hong Construction Co Beta vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Chong Hong Construction Co's Beta distribution charts can be found below:
* The bar in red indicates where Chong Hong Construction Co's Beta falls into.
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.
Chong Hong Construction Co (TPE:5534) has a Beta of -0.0349 as of Jun. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Chong Hong Construction Co and its competitors.
Is Chong Hong Construction Co's Beta too high?
Chong Hong Construction Co's current Beta is -0.0349. Overall, Chong Hong Construction Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chong Hong Construction Co's Beta compare to competitors?
Chong Hong Construction Co's Beta of -0.0349 can be compared against companies in the Real Estate 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 Real Estate company?
A good Beta depends on the Real Estate 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 Chong Hong Construction Co and its competitors. Chong Hong Construction Co's current Beta is -0.0349. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chong Hong Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Chong Hong Construction Co (TPE:5534) is currently considered Fairly Valued. The stock's GF Value™ is NT$72.28, compared to a current price of NT$78.80 — trading 9% above its estimated fair value. The current Beta is -0.0349. Chong Hong Construction Co's overall GF Score™ is 78/100 with 7 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 Chong Hong Construction Co (TPE:5534), the current Beta is -0.0349 as of Jun. 26, 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 Chong Hong Construction Co (TPE:5534) Overvalued in 2026?
Based on GuruFocus' analysis, Chong Hong Construction Co stock appears to be overvalued.
The current stock price of NT$78.80 is trading 9% above its estimated GF Value™ of NT$72.28.
GuruFocus considers Chong Hong Construction Co to be Fairly Valued.
Key valuation signals for TPE:5534:
Beta: -0.0349
GF Value™: NT$72.28 vs. price of NT$78.80 (9% above fair value)
No single metric tells the full story. See the TPE:5534 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Chong Hong Construction Co Ltd mainly develops, sells, and leases residential and commercial property in Taiwan. The company derives revenue from the proceeds of lands, properties, contract fees, and rental income. Land revenue represents more than half of group income, followed by property revenue. The company operates through two segments. The Building segment is engaged in the construction of commercial buildings, public housing, and the lease of factories. The construction segment is engaged in building and construction projects.
78GF Score
Get the complete analysis for TPE:5534
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TPE:5534 has been successfully added to your 
