Port Flot-Burgas AD (XBUL:PFB) Beta: N/A (As of Jun. 30, 2026)


What is Port Flot-Burgas AD Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-30), Port Flot-Burgas AD's Beta is Not available.

Port Flot-Burgas AD  (XBUL:PFB) 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)

Port Flot-Burgas AD Beta Related Terms

Port Flot-Burgas AD Beta Historical Data

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The historical data trend for Port Flot-Burgas AD'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.

Port Flot-Burgas AD Beta Chart

Port Flot-Burgas AD Annual Data
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Port Flot-Burgas AD Semi-Annual Data
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Port Flot-Burgas AD 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.

Port Flot-Burgas AD Business Description

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Address 1, Al. Batenberg, Bourgas, BGR, 8000
Port Flot-Burgas AD Is a Bulgarian towage Company, offering a huge number of reliable and cost-saving services, entirely dedicated to Deep Sea, Coastal and Harbour Towage; Salvage, Off-shore, Lightening Stations, Tanker's Stand-by and other additional services, as SHIP'S supply, technicals, and many more.