Choei (TSE:2993) Beta: 0.0276 (As of Jun. 26, 2026)


TSE:2993 Choei Inc TSE:2993
62 GF Score
Price 円2,084.00
GF Value 円2,465.20
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Choei Beta?

Choei TSE:2993 -3.02% 62 Beta is 0.0276 as of Jun. 26, 2026. GuruFocus rates TSE:2993 with a GF Score™ of 62/100 and a GF Value™ of 円2,465.20 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-06-26), Choei's Beta is 0.0276.

Choei  (TSE:2993) 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)

Choei Beta Related Terms

Choei Beta Historical Data

* Premium members only.

The historical data trend for Choei'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.

Choei Beta Chart

Choei Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Beta
Get a 7-Day Free Trial 0.00 0.00 0.00 0.05 0.12

Choei Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.05 -0.02 0.12

TSE:2993 vs CBRE, BEKE: Beta Comparison

For the Real Estate Services subindustry, Choei'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.

Choei Beta vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Choei's Beta distribution charts can be found below:

* The bar in red indicates where Choei's Beta falls into.


TSE:2993
62GF Score
Choei Inc TSE:2993
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Choei 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.

Frequently Asked Questions Learn more about Beta →
What does a Beta of 0.0276 mean?
Choei (TSE:2993) has a Beta of 0.0276 as of Jun. 26, 2026. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Choei and its competitors.
Is Choei's Beta too high?
Choei's current Beta is 0.0276. Overall, Choei has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Choei's Beta compare to CBRE and BEKE?
Choei's Beta of 0.0276 can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beta for a Real Estate company?
A good Beta depends on the Real Estate industry context. However, Beta should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beta mean?
A high Beta can signal that a stock is expensive relative to its fundamentals. Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. View historical data for Choei and its competitors. Choei's current Beta is 0.0276. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Choei stock overvalued right now?
Based on GuruFocus' analysis, Choei (TSE:2993) is currently considered Modestly Undervalued. The stock's GF Value™ is 円2,465.20, compared to a current price of 円2,084.00 — trading 15.5% below its estimated fair value. The current Beta is 0.0276. Choei's overall GF Score™ is 62/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beta calculated?
Beta is calculated from a company's financial statements. For Choei (TSE:2993), the current Beta is 0.0276 as of Jun. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Choei (TSE:2993) Overvalued in 2026?

Based on GuruFocus' analysis, Choei stock appears to be undervalued. The current stock price of 円2,084.00 is trading 15.5% below its estimated GF Value™ of 円2,465.20. GuruFocus considers Choei to be Modestly Undervalued.

Key valuation signals for TSE:2993:

  • Beta: 0.0276
  • GF Value™: 円2,465.20 vs. price of 円2,084.00 (15.5% below fair value)
  • GF Score™: 62/100 with 6 warning signs

No single metric tells the full story. See the TSE:2993 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Choei Business Description

Address 70 Fukakusa Nishiuracho 3-chome, 5th Choei Astro Building, Fushimi-ku, Kyoto, JPN
Choei Inc is engaged in the real estate management and real estate rental businesses. The real estate management business provides necessary services for rental property management, such as building maintenance, renovation work, and rental brokerage (leasing), in addition to tenant management, and the real estate rental business mainly handles the rental of its properties and subleased properties. The company's reportable segments are Property Rental Business, which generates the maximum revenue, and the Property Management Business.
62GF Score

Get the complete analysis for TSE:2993

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,084.00
Price
円2,465.20
GF Value