Toplofikatsia Ruse AD (XBUL:TPLR) Beta: N/A (As of Jul. 20, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XBUL:TPLR Toplofikatsia Ruse AD XBUL:TPLR
9 GF Score
Price €4.60
! 4 Warning Signs
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What is Toplofikatsia Ruse AD Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-07-20), Toplofikatsia Ruse AD's Beta is Not available.

Toplofikatsia Ruse AD  (XBUL:TPLR) 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)

Toplofikatsia Ruse AD Beta Related Terms

Toplofikatsia Ruse AD Beta Historical Data

* Premium members only.

The historical data trend for Toplofikatsia Ruse 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.

Toplofikatsia Ruse AD Beta Chart

Toplofikatsia Ruse AD Annual Data
Trend Dec24 Dec25
Beta
0.00 0.00

Toplofikatsia Ruse AD Semi-Annual Data
Jun21 Jun22 Jun23 Jun24 Dec24 Jun25 Dec25
Beta Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00
XBUL:TPLR
9GF Score
Toplofikatsia Ruse AD XBUL:TPLR
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Toplofikatsia Ruse 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.

Toplofikatsia Ruse AD Business Description

Address TPP Iztok Street, Ruse, BGR, 7009
Toplofikatsia Ruse AD is engaged in electricity and heat generation; combined production of electricity and heat; heat transfer; maintenance and operation of low-pressure gas pipelines, and other activities.
9GF Score

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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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