Eversafe Rubber Bhd (XKLS:0190) Beta: 1.2540 (As of Jul. 04, 2026)


What is Eversafe Rubber Bhd Beta?

Eversafe Rubber Bhd XKLS:0190 Beta is 1.2540 as of Jul. 04, 2026. 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 (2026-07-04), Eversafe Rubber Bhd's Beta is 1.2540.

Eversafe Rubber Bhd  (XKLS:0190) 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)

Eversafe Rubber Bhd Beta Related Terms

Eversafe Rubber Bhd Beta Historical Data

* Premium members only.

The historical data trend for Eversafe Rubber 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.

Eversafe Rubber Bhd Beta Chart

Eversafe Rubber Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 1.77 1.03 1.25 1.23

Eversafe Rubber Bhd Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.51 1.68 1.36 1.23 1.09

XKLS:0190 vs ORLY, AZO, GPC: Beta Comparison

For the Auto Parts subindustry, Eversafe Rubber 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.

Eversafe Rubber Bhd Beta vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Eversafe Rubber Bhd's Beta distribution charts can be found below:

* The bar in red indicates where Eversafe Rubber Bhd's Beta falls into.


Eversafe Rubber 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 1.2540 mean?
Eversafe Rubber Bhd (XKLS:0190) has a Beta of 1.2540 as of Jul. 04, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Eversafe Rubber Bhd and its competitors.
Is Eversafe Rubber Bhd's Beta too high?
Eversafe Rubber Bhd's current Beta is 1.2540.
How does Eversafe Rubber Bhd's Beta compare to ORLY and AZO?
Eversafe Rubber Bhd's Beta of 1.2540 can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Beta depends on the Vehicles & Parts 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 Eversafe Rubber Bhd and its competitors. Eversafe Rubber Bhd's current Beta is 1.2540. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eversafe Rubber Bhd stock overvalued right now?
Based on GuruFocus' analysis, Eversafe Rubber Bhd (XKLS:0190) is currently considered Possible Value Trap. The stock's GF Value™ is RM0.14, compared to a current price of RM0.07 — trading 50% below its estimated fair value. The current Beta is 1.2540. 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 Eversafe Rubber Bhd (XKLS:0190), the current Beta is 1.2540 as of Jul. 04, 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.

Eversafe Rubber Bhd Business Description

Address Lot 94, Lebuh Portland, Tasek Industrial Estate, Ipoh, PRK, MYS, 31400
Eversafe Rubber Bhd is an investment holding company. The company involved in the manufacturing and sale of rubber based tyre retread products, new tyres and polymer products. The firm is mainly manufacturing, distribution, trading and sale of rubber based tyre retread products, new tyres and polymer products, provision of related services, investment holding and production and sales of rubber products and service of after sale of self-produced products. The group has a single reporting segment, Manufacturing and Sale of Rubber-based tyre retread products. The company has presence in Malaysia, Americas, East Asia and Oceania, Europe, South Asia, Middle East and Africa, South East Asia. It derives the key geographical revenue from South East Asia.