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Betas de Damodaran
Betas de Damodaran
Betas de Damodaran
Standard deviation
Effective in operating income
Industry Name Number of firms Beta D/E Ratio Tax rate Unlevered beta Cash/Firm value Unlevered beta corrected for cash HiLo Risk Standard deviation of equity (last 10 years)
Advertising 57 1.37 33.76% 5.44% 1.10 7.25% 1.18 0.6204 56.41% 14.94%
Aerospace/Defense 70 1.08 25.46% 7.28% 0.90 2.90% 0.93 0.4584 36.40% 19.50%
Air Transport 25 1.27 162.15% 8.62% 0.57 10.71% 0.64 0.5221 44.65% 215.30%
Apparel 38 1.19 48.76% 10.19% 0.87 5.89% 0.93 0.4816 37.04% 24.04%
Auto & Truck 34 1.52 31.02% 3.12% 1.24 5.29% 1.30 0.7081 59.70% 48.10%
Auto Parts 39 1.34 38.44% 14.62% 1.04 6.92% 1.12 0.4652 37.07% 20.99%
Bank (Money Center) 15 1.06 216.16% 17.69% 0.40 37.13% 0.64 0.3109 22.51% NA
Banks (Regional) 625 0.46 101.95% 17.69% 0.26 21.61% 0.33 0.2398 18.68% 75.66%
Beverage (Alcoholic) 19 1.13 24.46% 10.42% 0.96 1.43% 0.97 0.5270 49.70% 26.87%
Beverage (Soft) 29 0.76 17.12% 6.68% 0.68 3.51% 0.70 0.5619 42.96% 11.39%
Broadcasting 22 1.06 176.40% 7.85% 0.46 8.62% 0.50 0.5134 38.46% 29.65%
Brokerage & Investment Banking 27 1.12 226.06% 16.84% 0.42 24.54% 0.55 0.3272 25.21% 45.89%
Building Materials 44 1.32 18.15% 19.94% 1.16 4.06% 1.21 0.3866 28.72% 52.15%
Business & Consumer Services 162 1.02 17.94% 10.84% 0.90 3.09% 0.93 0.4878 41.29% 23.55%
Cable TV 10 1.28 101.72% 23.72% 0.72 1.54% 0.74 0.4199 33.01% 27.25%
Chemical (Basic) 32 1.10 45.68% 8.93% 0.82 6.65% 0.87 0.4855 38.92% 40.82%
Chemical (Diversified) 4 1.13 69.53% 14.89% 0.74 8.43% 0.81 0.3012 37.24% 34.91%
Chemical (Specialty) 68 1.09 26.82% 10.40% 0.91 3.50% 0.94 0.4443 36.60% 18.60%
Coal & Related Energy 18 1.27 22.54% 2.62% 1.09 12.53% 1.24 0.5084 55.69% 415.49%
Computer Services 72 1.00 29.14% 7.78% 0.82 4.69% 0.86 0.5750 49.61% 25.48%
Computers/Peripherals 36 1.13 6.09% 8.67% 1.08 1.54% 1.10 0.4390 38.90% 29.08%
Construction Supplies 45 1.13 24.70% 14.91% 0.95 3.94% 0.99 0.3977 37.83% 23.96%
Diversified 23 1.19 19.15% 5.25% 1.04 4.36% 1.09 0.5455 52.25% 66.70%
Drugs (Biotechnology) 572 1.12 16.39% 0.81% 1.00 8.15% 1.09 0.6317 61.98% 27.24%
Drugs (Pharmaceutical) 245 1.03 16.05% 2.89% 0.92 2.90% 0.94 0.6616 65.30% 29.08%
Education 31 1.23 19.59% 11.15% 1.07 6.85% 1.15 0.5404 43.78% 17.18%
Electrical Equipment 103 1.24 21.39% 5.66% 1.07 6.66% 1.15 0.6200 54.42% 16.70%
Electronics (Consumer & Office) 13 1.30 18.32% 7.31% 1.14 12.61% 1.30 0.5283 39.42% 267.07%
Electronics (General) 129 0.93 17.20% 8.17% 0.83 5.69% 0.88 0.4870 42.94% 28.54%
Engineering/Construction 43 0.96 26.20% 14.27% 0.80 4.95% 0.84 0.4221 33.68% 9.37%
Entertainment 98 0.99 28.75% 3.25% 0.82 5.49% 0.87 0.6154 61.19% 30.69%