About this document
Beta Unlevering & Relevering by pgp41006 is a document available to read on EtoBox.
The document calculates the unlevered Beta for DRL and Cipla, resulting in values of 0.89 and 0.88 respectively, with an average unlevered Beta for the Pharma business of 0.885. It then demonstrates how to relever the Beta for DRL when increasing its debt ratio to 35%, resulting in a new levered Beta of 1.22. The calculations consider a tax rate of 30% throughout the process.
- Author
- pgp41006
- Language
- EN