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Primo Service Solutions PCL (BKK:PRI) Beta : N/A (As of May. 29, 2024)


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What is Primo Service Solutions PCL Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2024-05-29), Primo Service Solutions PCL's Beta is Not available.


Primo Service Solutions PCL Beta Historical Data

The historical data trend for Primo Service Solutions PCL'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.

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Primo Service Solutions PCL Beta Chart

Primo Service Solutions PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Beta
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Primo Service Solutions PCL Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Primo Service Solutions PCL's Beta

For the Real Estate Services subindustry, Primo Service Solutions PCL'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.


Primo Service Solutions PCL's Beta Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Primo Service Solutions PCL's Beta distribution charts can be found below:

* The bar in red indicates where Primo Service Solutions PCL's Beta falls into.



Primo Service Solutions PCL 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.


Primo Service Solutions PCL  (BKK:PRI) 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)


Primo Service Solutions PCL Beta Related Terms

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Primo Service Solutions PCL (BKK:PRI) Business Description

Traded in Other Exchanges
N/A
Address
Tambon Samrong Nuea,, 496 Moo 9, Amphoe Mueang Samut Prakan, Samut Prakan, THA, 10270
Primo Service Solutions PCL is engaged in property management services The company's business operations are divided into different service groups which are property management & sole agent, construction & project management, and wyde interior and cleaning services. A majority of the company's revenue is derived from Thailand.