Date updated: 5-Jan-17

What is this data? Beta, Unlevered beta and other risk measures Global
Industry Name Number of firms Beta D/E Ratio Tax rate Unlevered beta Cash/Firm value
Advertising 251 1.07 35.84% 16.04% 1.39 8.34%
Aerospace/Defense 222 1.12 25.81% 10.77% 0.91 6.87%
Air Transport 158 0.87 91.42% 18.04% 0.49 7.29%
Apparel 1171 0.82 25.44% 14.76% 0.67 6.11%
Auto & Truck 128 1.27 93.70% 14.58% 0.70 12.17%
Auto Parts 642 1.20 26.48% 19.14% 0.99 11.13%
Bank (Money Center) 623 0.88 273.78% 20.08% 0.28 23.83%
Banks (Regional) 889 0.57 119.16% 24.77% 0.30 33.17%
Beverage (Alcoholic) 223 0.73 28.82% 20.02% 0.59 4.62%
Beverage (Soft) 103 0.74 25.51% 12.91% 0.61 5.13%
Broadcasting 142 1.02 49.91% 18.74% 0.72 4.03%
Brokerage & Investment Banking 569 0.91 209.66% 13.50% 0.32 14.00%
Building Materials 434 0.92 31.52% 19.80% 0.73 6.43%
Business & Consumer Services 772 0.94 28.19% 18.64% 0.76 5.63%
Cable TV 63 1.15 61.14% 14.91% 0.76 2.90%
Chemical (Basic) 774 1.04 31.58% 16.62% 0.82 8.00%
Chemical (Diversified) 81 1.43 37.95% 19.20% 1.09 7.21%
Chemical (Specialty) 731 1.11 26.13% 16.26% 0.91 6.95%
Coal & Related Energy 278 1.14 58.02% 4.35% 0.73 12.51%
Computer Services 929 0.96 19.85% 17.17% 0.83 7.28%
Computers/Peripherals 327 1.19 21.03% 13.57% 1.01 10.17%
Construction Supplies 757 1.07 47.31% 16.42% 0.77 8.11%
Diversified 356 0.87 60.40% 13.58% 0.57 9.36%
Drugs (Biotechnology) 884 1.28 17.83% 2.46% 1.09 5.33%
Drugs (Pharmaceutical) 971 1.01 17.97% 12.23% 0.87 4.84%
Education 174 0.87 30.92% 14.42% 0.69 9.76%
Electrical Equipment 856 1.15 28.31% 13.85% 0.92 9.34%
Electronics (Consumer & Office) 153 1.19 41.95% 12.12% 0.87 20.00%
Electronics (General) 1239 1.15 19.80% 13.68% 0.98 13.28%
Engineering/Construction 1118 1.09 72.41% 17.05% 0.68 19.29%
Entertainment 353 1.04 28.25% 10.71% 0.83 5.49%
Environmental & Waste Services 306 1.08 30.80% 11.77% 0.85 4.01%
Farming/Agriculture 388 0.87 56.11% 13.44% 0.58 6.40%
Financial Svcs. (Non-bank & Insurance) 1016 0.74 805.55% 17.56% 0.10 6.25%
Food Processing 1275 0.74 25.19% 16.50% 0.61 4.82%
Food Wholesalers 128 0.69 68.47% 19.70% 0.44 8.16%
Furn/Home Furnishings 307 0.94 22.49% 18.87% 0.79 13.04%
Green & Renewable Energy 179 1.01 84.50% 9.80% 0.57 4.30%
Healthcare Products 677 1.02 18.15% 8.60% 0.87 4.37%
Healthcare Support Services 334 0.99 32.29% 17.96% 0.78 9.63%
Heathcare Information and Technology 322 1.02 18.18% 7.39% 0.87 4.35%
Homebuilding 173 1.07 55.13% 22.00% 0.75 9.40%
Hospitals/Healthcare Facilities 192 0.74 85.70% 17.43% 0.43 2.35%
Hotel/Gaming 658 0.84 45.67% 13.18% 0.60 7.14%
Household Products 494 0.87 14.28% 14.84% 0.77 3.66%
Information Services 186 1.04 20.60% 16.07% 0.89 4.18%
Industry Name Number of firms Beta D/E Ratio Tax rate Unlevered beta Cash/Firm value
Insurance (General) 233 0.71 46.89% 14.75% 0.51 17.67%
Insurance (Life) 123 1.02 84.16% 18.99% 0.61 45.19%
Insurance (Prop/Cas.) 227 0.61 30.51% 16.77% 0.49 10.14%
Investments & Asset Management 1013 0.81 82.28% 7.50% 0.46 13.89%
Machinery 1270 1.10 19.94% 17.33% 0.94 8.62%
Metals & Mining 1517 1.26 50.04% 3.27% 0.85 7.59%
Office Equipment & Services 159 0.86 37.74% 18.23% 0.66 9.52%
Oil/Gas (Integrated) 49 1.39 43.04% 11.38% 1.01 6.70%
Oil/Gas (Production and Exploration) 964 1.56 48.72% 1.57% 1.06 6.02%
Oil/Gas Distribution 210 1.53 79.91% 8.38% 0.88 1.81%
Oilfield Svcs/Equip. 544 1.31 46.72% 9.61% 0.92 7.22%
Packaging & Container 395 0.73 42.85% 19.80% 0.55 4.61%
Paper/Forest Products 296 0.92 63.03% 15.12% 0.60 6.45%
Power 569 0.81 102.40% 17.88% 0.44 4.86%
Precious Metals 961 1.19 27.79% 3.33% 0.94 7.18%
Publishing & Newspapers 364 0.91 34.60% 15.77% 0.70 10.93%
R.E.I.T. 527 0.72 77.60% 2.53% 0.41 1.83%
Real Estate (Development) 746 1.06 113.45% 18.55% 0.55 19.15%
Real Estate (General/Diversified) 420 1.02 79.26% 15.66% 0.61 9.67%
Real Estate (Operations & Services) 606 0.81 89.46% 14.09% 0.46 5.62%
Recreation 307 0.87 25.43% 17.10% 0.72 9.62%
Reinsurance 38 0.97 25.12% 14.94% 0.80 13.06%
Restaurant/Dining 346 0.78 38.07% 20.29% 0.60 3.74%
Retail (Automotive) 163 0.92 64.52% 20.11% 0.61 5.65%
Retail (Building Supply) 50 0.85 25.99% 21.07% 0.71 2.74%
Retail (Distributors) 929 0.89 90.89% 18.02% 0.51 10.92%
Retail (General) 220 1.11 55.77% 22.40% 0.77 5.16%
Retail (Grocery and Food) 163 0.77 60.25% 23.73% 0.53 7.36%
Retail (Online) 190 1.25 11.07% 14.77% 1.14 5.03%
Retail (Special Lines) 505 0.92 37.40% 20.55% 0.71 5.74%
Rubber& Tires 87 1.06 32.98% 19.26% 0.84 8.64%
Semiconductor 535 1.36 15.81% 9.82% 1.19 7.54%
Semiconductor Equip 258 1.24 15.44% 13.65% 1.09 11.16%
Shipbuilding & Marine 326 1.15 88.36% 11.43% 0.65 11.21%
Shoe 89 0.97 13.18% 18.35% 0.87 6.85%
Software (Entertainment) 120 1.40 9.13% 11.11% 1.30 14.67%
Software (Internet) 830 1.15 5.07% 8.41% 1.10 3.95%
Software (System & Application) 1026 1.06 17.43% 11.09% 0.92 5.87%
Steel 737 1.15 78.83% 11.69% 0.68 8.14%
Telecom (Wireless) 106 1.02 63.50% 13.78% 0.66 5.52%
Telecom. Equipment 480 1.16 20.37% 9.81% 0.98 9.29%
Telecom. Services 297 0.92 64.17% 15.05% 0.59 3.81%
Tobacco 59 0.71 16.95% 16.49% 0.62 2.38%
Transportation 221 1.07 52.39% 20.35% 0.76 7.65%
Transportation (Railroads) 49 0.99 42.63% 23.12% 0.74 2.43%
Trucking 195 0.87 78.39% 20.85% 0.53 7.31%
Utility (General) 57 0.75 96.03% 20.87% 0.43 4.73%
Utility (Water) 96 1.05 54.40% 14.99% 0.72 5.76%
Industry Name Number of firms Beta D/E Ratio Tax rate Unlevered beta Cash/Firm value
Total Market 42678 1.01 80.53% 13.83% 0.60 11.43%
Total Market (without financials) 37762 1.05 42.73% 13.59% 0.76 6.97%
Unlevered beta corrected for cash HiLo Risk Standard deviation of equity Standard deviation in operating income (last 10 years)
1.52 0.4099 40.86% 20.86%
0.98 0.4161 38.26% 15.64%
0.53 0.3153 28.39% 63.72%
0.71 0.3513 35.72% 23.82%
0.80 0.3531 29.90% 52.98%
1.11 0.3391 32.90% 42.08%
0.36 0.2259 21.37% 14.92%
0.45 0.2315 22.89% 150.19%
0.62 0.2833 28.25% 248.97%
0.64 0.3561 30.81% 17.60%
0.76 0.3114 32.05% 14.63%
0.37 0.3494 34.30% 60.81%
0.78 0.3099 30.72% 16.47%
0.81 0.3657 35.36% 18.24%
0.78 0.2952 29.02% 37.19%
0.89 0.3462 33.40% 29.59%
1.18 0.3354 30.28% 18.85%
0.98 0.3542 35.10% 25.96%
0.84 0.4964 56.33% 49.86%
0.89 0.3628 36.40% 18.13%
1.12 0.3512 36.41% 41.29%
0.83 0.3219 32.51% 16.96%
0.63 0.2595 24.36% 28.74%
1.16 0.4978 61.07% 67.76%
0.92 0.4007 41.17% 12.28%
0.76 0.4249 37.22% 26.45%
1.02 0.3830 36.81% 10.81%
1.08 0.3874 39.45% 52.10%
1.13 0.3504 35.81% 29.46%
0.84 0.3285 32.53% 17.57%
0.88 0.4485 40.82% 9.73%
0.88 0.4342 44.48% 15.33%
0.62 0.3440 32.44% 26.67%
0.10 0.3103 30.34% 22.52%
0.64 0.3153 29.70% 21.16%
0.48 0.2964 29.81% 17.14%
0.91 0.3322 31.89% 31.18%
0.60 0.3898 37.64% 45.88%
0.91 0.4416 46.12% 10.97%
0.87 0.3801 39.90% 22.52%
0.91 0.4574 47.43% 32.15%
0.83 0.3113 31.36% 52.94%
0.44 0.3445 29.58% 31.88%
0.64 0.3076 32.63% 20.73%
0.80 0.4066 38.81% 11.14%
0.93 0.3481 37.48% 34.77%
Unlevered beta corrected for cash HiLo Risk Standard deviation of equity Standard deviation in operating income (last 10 years)
0.62 0.2280 24.55% 51.40%
1.11 0.2524 24.36% 30.70%
0.54 0.2364 24.47% 43.03%
0.53 0.3442 33.75% 35.26%
1.03 0.3248 33.28% 22.83%
0.92 0.5768 70.48% 36.43%
0.72 0.3072 32.56% 11.32%
1.08 0.3066 30.49% 35.50%
1.12 0.5658 66.87% 55.37%
0.90 0.3584 38.79% 37.12%
1.00 0.4151 43.11% 21.87%
0.57 0.3107 31.19% 19.83%
0.64 0.3460 32.44% 23.82%
0.46 0.2694 25.94% 13.17%
1.01 0.6325 77.38% 78.86%
0.79 0.3285 36.69% 15.89%
0.42 0.2088 21.27% 24.80%
0.68 0.2948 30.40% 51.71%
0.68 0.2680 28.76% 25.82%
0.49 0.2926 29.12% 33.27%
0.80 0.3417 34.08% 25.52%
0.92 0.2327 22.71% 29.37%
0.62 0.2991 29.13% 18.81%
0.64 0.3085 30.19% 37.00%
0.73 0.2449 26.88% 19.66%
0.57 0.3380 33.76% 19.68%
0.81 0.2550 29.29% 9.84%
0.57 0.2430 25.36% 15.77%
1.20 0.4429 43.56% 40.64%
0.76 0.3217 33.52% 20.61%
0.92 0.3035 27.81% 41.29%
1.28 0.3542 34.56% 41.14%
1.23 0.3746 36.58% 56.49%
0.73 0.3198 34.11% 42.69%
0.94 0.3397 34.97% 18.97%
1.52 0.4058 46.11% 33.05%
1.15 0.5103 51.10% 47.53%
0.97 0.4301 44.00% 18.02%
0.74 0.3996 37.37% 53.58%
0.70 0.3437 27.50% 14.98%
1.08 0.3893 41.87% 15.83%
0.62 0.3296 31.42% 8.48%
0.63 0.3718 33.61% 17.80%
0.82 0.2925 30.20% 18.77%
0.76 0.2149 23.69% 18.51%
0.58 0.2919 28.94% 18.62%
0.45 0.1968 20.64% 11.92%
0.77 0.2983 36.68% 22.48%
Unlevered beta corrected for cash HiLo Risk Standard deviation of equity Standard deviation in operating income (last 10 years)
0.67 0.3664 36.68% 15.35%
0.82 0.3785 37.94% 14.03%