TPGVF (Top Glove Bhd) Beta: 0.3581 (As of Jun. 26, 2026)


TPGVF Top Glove Corp Bhd TPGVF
51 GF Score
Price $0.16
GF Value $0.27
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Top Glove Bhd Beta?

Top Glove Bhd TPGVF 51 Beta is 0.3581 as of Jun. 26, 2026. GuruFocus rates TPGVF with a GF Score™ of 51/100 and a GF Value™ of $0.27 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Top Glove Bhd's Beta is 0.3581.

Top Glove Bhd  (OTCPK:TPGVF) 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)

Top Glove Bhd Beta Related Terms

Top Glove Bhd Beta Historical Data

* Premium members only.

The historical data trend for Top Glove Bhd'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.

Top Glove Bhd Beta Chart

Top Glove Bhd Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 1.16 -0.19 0.38 -0.46

Top Glove Bhd Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.25 -0.46 0.03 1.06 0.36

TPGVF vs ISRG, BDX, MDLN: Beta Comparison

For the Medical Instruments & Supplies subindustry, Top Glove Bhd'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.

Top Glove Bhd Beta vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Top Glove Bhd's Beta distribution charts can be found below:

* The bar in red indicates where Top Glove Bhd's Beta falls into.


TPGVF
51GF Score
Top Glove Corp Bhd TPGVF
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Top Glove Bhd 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 0.3581 mean?
Top Glove Bhd (TPGVF) has a Beta of 0.3581 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 Top Glove Bhd and its competitors.
Is Top Glove Bhd's Beta too high?
Top Glove Bhd's current Beta is 0.3581. Overall, Top Glove Bhd has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Top Glove Bhd's Beta compare to ISRG and BDX?
Top Glove Bhd's Beta of 0.3581 can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good Beta depends on the Medical Devices & Instruments 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 Top Glove Bhd and its competitors. Top Glove Bhd's current Beta is 0.3581. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Glove Bhd stock overvalued right now?
Based on GuruFocus' analysis, Top Glove Bhd (TPGVF) is currently considered Significantly Undervalued. The stock's GF Value™ is $0.27, compared to a current price of $0.16 — trading 40.6% below its estimated fair value. The current Beta is 0.3581. Top Glove Bhd's overall GF Score™ is 51/100 with 3 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 Top Glove Bhd (TPGVF), the current Beta is 0.3581 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 Top Glove Bhd (TPGVF) Overvalued in 2026?

Based on GuruFocus' analysis, Top Glove Bhd stock appears to be undervalued. The current stock price of $0.16 is trading 40.6% below its estimated GF Value™ of $0.27. GuruFocus considers Top Glove Bhd to be Significantly Undervalued.

Key valuation signals for TPGVF:

  • Beta: 0.3581
  • GF Value™: $0.27 vs. price of $0.16 (40.6% below fair value)
  • GF Score™: 51/100 with 3 warning signs

No single metric tells the full story. See the TPGVF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Top Glove Bhd Business Description

Address 16, Persiaran Setia Dagang, Top Glove Tower, Level 21, Setia Alam, Seksyen U13, Shah Alam, SGR, MYS, 40170
Top Glove Corp Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the manufacturing and sales of gloves through several product lines to diverse customers in various countries. Some of the different glove options include latex, nitrile, vinyl, PE, Polychloroprene, Polyisoprene, Flexylon, HDPE and surgical. It serves various sectors including healthcare, industrial, and Food and Beverage sectors. The company has four reportable operating segments based on its geographical areas: Malaysia, Thailand, People's Republic of China and Others. The majority of revenue is generated from Malaysia.
51GF Score

Get the complete analysis for TPGVF

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.16
Price
$0.27
GF Value