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Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-14), MIRARTH Real Estate Investment's Beta is 0.0124.
MIRARTH Real Estate Investment (TSE:3492) 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)
MIRARTH Real Estate Investment Beta Related Terms
MIRARTH Real Estate Investment Beta Historical Data
* 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.
For the REIT - Diversified subindustry, MIRARTH Real Estate Investment'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.
MIRARTH Real Estate Investment Beta vs REITs Industry
For the REITs industry and Real Estate sector, MIRARTH Real Estate Investment's Beta distribution charts can be found below:
* The bar in red indicates where MIRARTH Real Estate Investment'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.
MIRARTH Real Estate Investment (TSE:3492) has a Beta of 0.0124 as of Jul. 14, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for MIRARTH Real Estate Investment and its competitors.
Is MIRARTH Real Estate Investment's Beta too high?
MIRARTH Real Estate Investment's current Beta is 0.0124. Overall, MIRARTH Real Estate Investment has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MIRARTH Real Estate Investment's Beta compare to VICI and WPC?
MIRARTH Real Estate Investment's Beta of 0.0124 can be compared against companies in the REITs 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 REITs company?
A good Beta depends on the REITs 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 MIRARTH Real Estate Investment and its competitors. MIRARTH Real Estate Investment's current Beta is 0.0124. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIRARTH Real Estate Investment stock overvalued right now?
Based on GuruFocus' analysis, MIRARTH Real Estate Investment (TSE:3492) is currently considered Modestly Undervalued. The stock's GF Value™ is 円103,806.55, compared to a current price of 円82,800.00 — trading 20.2% below its estimated fair value. The current Beta is 0.0124. MIRARTH Real Estate Investment's overall GF Score™ is 51/100 with 5 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 MIRARTH Real Estate Investment (TSE:3492), the current Beta is 0.0124 as of Jul. 14, 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 MIRARTH Real Estate Investment (TSE:3492) Overvalued in 2026?
Based on GuruFocus' analysis, MIRARTH Real Estate Investment stock appears to be undervalued.
The current stock price of 円82,800.00 is trading 20.2% below its estimated GF Value™ of 円103,806.55.
GuruFocus considers MIRARTH Real Estate Investment to be Modestly Undervalued.
Key valuation signals for TSE:3492:
Beta: 0.0124
GF Value™: 円103,806.55 vs. price of 円82,800.00 (20.2% below fair value)
No single metric tells the full story. See the TSE:3492 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MIRARTH Real Estate Investment Business Description
MIRARTH Real Estate Investment Corp is a J-REIT that invests in residential properties, as well as office buildings, retail facilities, hotels, and other properties. It aims to build a diverse, comprehensive portfolio consisting of residential, office, hotel, commercial, and other properties by maximizing the strengths of each sponsor company through property development, property revitalization, and flexible property acquisition in the external real estate market.
51GF Score
Get the complete analysis for TSE:3492
Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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