Date updated: 5-Jan-19

Created by: Aswath Damodaran, adamodar@stern.nyu.edu

What is this data?
Home Page:
Data website:
Companies in each industry:
Variable definitions:
Total Beta (beta for completely undiversified investor)
http://www.damodaran.com
http://www.stern.nyu.edu/~adamodar/New_Home_Page/data.html
http://www.stern.nyu.edu/~adamodar/pc/datasets/indname.xls
http://www.stern.nyu.edu/~adamodar/New_Home_Page/datafile/variab

Industry Name Number of firms Average Unlevered Beta

Advertising 48 0.87
Aerospace/Defense 85 1.09
Air Transport 18 0.63
Apparel 50 0.76
Auto & Truck 14 0.34
Auto Parts 52 0.97
Bank (Money Center) 10 0.43
Banks (Regional) 633 0.40
Beverage (Alcoholic) 31 1.05
Beverage (Soft) 37 1.04
Broadcasting 24 0.51
Brokerage & Investment Banking 38 0.46
Building Materials 42 0.91
Business & Consumer Services 168 1.00
Cable TV 14 0.76
Chemical (Basic) 39 1.12
Chemical (Diversified) 6 1.49
Chemical (Specialty) 89 0.99
Coal & Related Energy 23 0.97
Computer Services 119 1.05
Computers/Peripherals 57 1.50
Construction Supplies 48 1.15
Diversified 23 1.14
Drugs (Biotechnology) 481 1.43
Drugs (Pharmaceutical) 237 1.38
Education 35 1.11
Electrical Equipment 116 1.18
Electronics (Consumer & Office) 19 1.22
Electronics (General) 160 0.96
Engineering/Construction 52 0.81
Entertainment 120 1.21
Environmental & Waste Services 91 0.96
Farming/Agriculture 33 0.50
Financial Svcs. (Non-bank & Insurance) 259 0.08
Food Processing 83 0.61
Food Wholesalers 18 1.23
Furn/Home Furnishings 30 0.67
Green & Renewable Energy 21 0.80
Healthcare Products 248 1.04
Healthcare Support Services 111 1.03
Heathcare Information and Technology 119 1.18
Homebuilding 31 0.72
Hospitals/Healthcare Facilities 34 0.55
Hotel/Gaming 70 0.71
Household Products 141 1.00
Information Services 71 1.05
Insurance (General) 20 0.67
Insurance (Life) 23 0.70
Insurance (Prop/Cas.) 50 0.65
Investments & Asset Management 172 0.87
Machinery 127 1.01
Metals & Mining 94 1.11
Office Equipment & Services 24 1.33
Oil/Gas (Integrated) 5 1.06
Oil/Gas (Production and Exploration) 301 1.07
Oil/Gas Distribution 20 0.62
Oilfield Svcs/Equip. 134 1.07
Packaging & Container 27 0.74
Paper/Forest Products 20 1.17
Power 51 0.35
Precious Metals 91 1.15
Publishing & Newspapers 33 0.90
R.E.I.T. 238 0.41
Real Estate (Development) 18 0.87
Real Estate (General/Diversified) 11 1.33
Real Estate (Operations & Services) 59 0.95
Recreation 72 0.81
Reinsurance 2 0.88
Restaurant/Dining 78 0.65
Retail (Automotive) 24 0.76
Retail (Building Supply) 17 0.97
Retail (Distributors) 88 0.99
Retail (General) 19 0.75
Retail (Grocery and Food) 12 0.28
Retail (Online) 79 1.34
Retail (Special Lines) 91 0.80
Rubber& Tires 4 0.24
Semiconductor 72 1.26
Semiconductor Equip 41 1.39
Shipbuilding & Marine 9 0.78
Shoe 10 0.74
Software (Entertainment) 92 1.27
Software (Internet) 44 1.31
Software (System & Application) 355 1.16
Steel 37 1.29
Telecom (Wireless) 21 0.71
Telecom. Equipment 98 1.02
Telecom. Services 67 0.74
Tobacco 17 1.13
Transportation 19 0.90
Transportation (Railroads) 10 2.08
Trucking 28 0.71
Utility (General) 18 0.17
Utility (Water) 19 0.32
Total Market 7209 0.80
Total Market (without financials) 6004 1.00
yu.edu
fied investor) US companies

New_Home_Page/data.html
pc/datasets/indname.xls
New_Home_Page/datafile/variable.htm

Average correlation with the

Average Levered Beta market Total Unlevered Beta
1.22 17.11% 5.07
1.24 29.02% 3.76
1.02 33.49% 1.89
0.93 18.27% 4.18
0.79 22.84% 1.50
1.17 23.04% 4.20
0.71 45.25% 0.95
0.57 28.82% 1.40
1.30 17.03% 6.15
1.18 19.41% 5.38
1.02 27.34% 1.86
1.21 41.15% 1.11
1.10 33.82% 2.71
1.22 23.86% 4.19
1.13 49.70% 1.53
1.55 24.29% 4.62
1.82 49.23% 3.03
1.17 29.46% 3.36
1.17 18.20% 5.31
1.27 23.60% 4.43
1.68 25.99% 5.77
1.45 33.41% 3.44
1.36 36.71% 3.12
1.51 22.28% 6.42
1.47 19.33% 7.13
1.28 21.76% 5.09
1.32 21.34% 5.54
1.19 16.04% 7.63
1.02 23.68% 4.06
1.01 32.48% 2.49
1.33 15.55% 7.81
1.19 20.11% 4.77
0.72 25.38% 1.95
0.70 25.43% 0.30
0.81 19.95% 3.06
1.62 21.78% 5.67
0.88 23.71% 2.82
1.62 14.27% 5.60
1.12 23.32% 4.46
1.15 25.09% 4.09
1.29 25.29% 4.65
0.98 25.94% 2.79
1.12 24.86% 2.22
1.01 29.40% 2.42
1.13 15.68% 6.36
1.12 40.66% 2.58
0.87 44.25% 1.52
1.11 48.45% 1.45
0.74 33.34% 1.95
1.10 27.23% 3.18
1.17 34.88% 2.90
1.32 14.96% 7.41
1.81 26.64% 5.01
1.16 37.63% 2.81
1.45 19.99% 5.37
1.07 26.85% 2.32
1.33 23.73% 4.50
1.07 44.29% 1.66
1.40 24.06% 4.87
0.54 22.55% 1.53
1.19 9.11% 12.61
1.26 27.45% 3.27
0.68 34.39% 1.19
1.19 17.22% 5.06
1.36 24.82% 5.35
1.35 19.36% 4.92
0.98 18.27% 4.43
0.97 65.13% 1.35
0.80 21.78% 2.99
1.15 24.39% 3.12
1.12 27.93% 3.46
1.44 27.80% 3.55
0.91 28.98% 2.59
0.45 12.89% 2.18
1.42 20.01% 6.72
1.07 21.56% 3.71
0.42 28.79% 0.83
1.34 33.50% 3.77
1.39 32.87% 4.23
1.08 26.27% 2.96
0.75 22.79% 3.25
1.26 16.59% 7.65
1.46 19.14% 6.82
1.23 23.25% 5.00
1.62 30.58% 4.23
1.26 19.99% 3.53
1.09 24.08% 4.25
1.22 18.56% 3.99
1.29 19.36% 5.81
1.14 39.13% 2.30
2.47 38.66% 5.38
1.22 33.35% 2.13
0.27 20.00% 0.87
0.42 18.26% 1.77
1.12 24.87% 3.23
1.21 24.00% 4.16
Total Levered Beta
7.11
4.27
3.05
5.09
3.47
5.07
1.58
1.98
7.63
6.06
3.73
2.93
3.24
5.10
2.28
6.38
3.69
3.97
6.42
5.38
6.46
4.35
3.70
6.78
7.58
5.87
6.20
7.43
4.29
3.10
8.55
5.93
2.83
2.76
4.06
7.46
3.73
11.36
4.81
4.60
5.10
3.78
4.49
3.43
7.21
2.76
1.97
2.29
2.22
4.05
3.36
8.83
6.80
3.08
7.27
3.99
5.60
2.43
5.80
2.41
13.08
4.57
1.97
6.94
5.50
6.95
5.36
1.49
3.66
4.73
4.00
5.18
3.15
3.50
7.08
4.97
1.45
3.99
4.22
4.10
3.31
7.58
7.62
5.28
5.29
6.32
4.53
6.56
6.67
2.92
6.39
3.66
1.33
2.33
4.52
5.03