Toplofikacia Pleven AD-Pleven (XBUL:TPLP) Beta: N/A (As of Jun. 27, 2026)


XBUL:TPLP Toplofikacia Pleven AD-Pleven XBUL:TPLP
6 GF Score
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What is Toplofikacia Pleven AD-Pleven Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-27), Toplofikacia Pleven AD-Pleven's Beta is Not available.

Toplofikacia Pleven AD-Pleven  (XBUL:TPLP) 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)

Toplofikacia Pleven AD-Pleven Beta Related Terms

Toplofikacia Pleven AD-Pleven Beta Historical Data

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The historical data trend for Toplofikacia Pleven AD-Pleven'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.

Toplofikacia Pleven AD-Pleven Beta Chart

Toplofikacia Pleven AD-Pleven Annual Data
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Toplofikacia Pleven AD-Pleven Semi-Annual Data
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XBUL:TPLP
6GF Score
Toplofikacia Pleven AD-Pleven XBUL:TPLP
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Toplofikacia Pleven AD-Pleven 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.

Toplofikacia Pleven AD-Pleven Business Description

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Address 128 East Industrial Zone Street, Pleven, BGR
Toplofikacia Pleven AD-Pleven is the steam heating utility operating in Bulgaria's northern town of Pleven. The activities of the company include Fossil Fuel Electric Power Generation, Steam and Air-Conditioning Supply.
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Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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