Taihei Dengyo Kaisha (TSE:1968) Current Ratio: 4.51 (As of Mar. 2026) — 67% Above Median

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TSE:1968 Taihei Dengyo Kaisha Ltd TSE:1968
77 GF Score
Price 円2,467.00
GF Value 円1,744.21
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is Taihei Dengyo Kaisha Current Ratio?

Taihei Dengyo Kaisha TSE:1968 -0.16% 77 Current Ratio is 4.51 as of Mar. 2026, which is 67% above its 10-year median of 2.70. GuruFocus rates TSE:1968 with a GF Score™ of 77/100 and a GF Value™ of 円1,744.21 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,784 Construction companies, Taihei Dengyo Kaisha ranks better than 92.83% on this metric.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Taihei Dengyo Kaisha's current ratio for the quarter that ended in Mar. 2026 was 4.51.

Taihei Dengyo Kaisha has a current ratio of 4.51. It indicates the company may not be efficiently using its current assets or its short-term financing facilities. This may also indicate problems in working capital management.

The historical rank and industry rank for Taihei Dengyo Kaisha's Current Ratio or its related term are showing as below:

TSE:1968' s Current Ratio Range Over the Past 10 Years
Min: 2.33   Med: 2.7   Max: 4.62
Current: 4.51

During the past 13 years, Taihei Dengyo Kaisha's highest Current Ratio was 4.62. The lowest was 2.33. And the median was 2.70.

TSE:1968's Current Ratio is ranked better than
92.83% of 1784 companies
in the Construction industry
Industry Median: 1.58 vs TSE:1968: 4.51

Taihei Dengyo Kaisha  (TSE:1968) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Taihei Dengyo Kaisha Current Ratio Related Terms


Taihei Dengyo Kaisha Current Ratio Historical Data

* Premium members only.

The historical data trend for Taihei Dengyo Kaisha's Current Ratio 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.

Taihei Dengyo Kaisha Current Ratio Chart

Taihei Dengyo Kaisha Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Current Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.65 2.69 2.73 4.62 4.51

Taihei Dengyo Kaisha Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.62 5.13 4.88 4.82 4.51

TSE:1968 vs PWR, FIX, EME: Current Ratio Comparison

For the Engineering & Construction subindustry, Taihei Dengyo Kaisha's Current Ratio, along with its competitors' market caps and Current Ratio 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.


Taihei Dengyo Kaisha Current Ratio vs Construction Industry

For the Construction industry and Industrials sector, Taihei Dengyo Kaisha's Current Ratio distribution charts can be found below:

* The bar in red indicates where Taihei Dengyo Kaisha's Current Ratio falls into.


TSE:1968
77GF Score
Taihei Dengyo Kaisha Ltd TSE:1968
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Taihei Dengyo Kaisha Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Taihei Dengyo Kaisha's Current Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Current Ratio (A: Mar. 2026 )=Total Current Assets (A: Mar. 2026 )/Total Current Liabilities (A: Mar. 2026 )
=123185/27321
=4.51

Taihei Dengyo Kaisha's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=123185/27321
=4.51

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 4.51 mean?
Taihei Dengyo Kaisha (TSE:1968) has a Current Ratio of 4.51 as of Mar. 2026. This is 67% above median its historical median of 2.70. Over the past decade, Taihei Dengyo Kaisha's Current Ratio has ranged from 2.33 to 4.62. According to the industry distribution chart, Taihei Dengyo Kaisha ranks #128 out of 1784 companies in the Construction industry, placing it in the top 7.2%.
Is Taihei Dengyo Kaisha's Current Ratio too high?
Taihei Dengyo Kaisha's current Current Ratio of 4.51 is 67% above median its 10-year median of 2.70. Over the past 10 years, this metric has ranged from a low of 2.33 to a high of 4.62. The Construction industry median Current Ratio is 1.58. Taihei Dengyo Kaisha's value of 4.51 is 185.4% above this industry median. Based on the distribution chart, Taihei Dengyo Kaisha ranks #128 out of 1784 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Taihei Dengyo Kaisha has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Taihei Dengyo Kaisha's Current Ratio compare to PWR and FIX?
According to the Construction industry distribution chart, Taihei Dengyo Kaisha ranks #128 out of 1784 companies for Current Ratio. This places Taihei Dengyo Kaisha in the top 7% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.58. Taihei Dengyo Kaisha's value of 4.51 is 185.4% above this benchmark. Historically, Taihei Dengyo Kaisha's own Current Ratio has ranged from 2.33 to 4.62 over the past decade. While the company's 10-year median is 2.70 vs. the industry median of 1.58, Taihei Dengyo Kaisha has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Construction company?
The median Current Ratio among Construction companies is 1.58, based on 1,784 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Taihei Dengyo Kaisha's current Current Ratio of 4.51 is 185.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Construction industry, the median Current Ratio is 1.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Taihei Dengyo Kaisha's current Current Ratio is 4.51, which is 67% above median its own 10-year median of 2.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taihei Dengyo Kaisha stock overvalued right now?
Based on GuruFocus' analysis, Taihei Dengyo Kaisha (TSE:1968) is currently considered Significantly Overvalued. The stock's GF Value™ is 円1,744.21, compared to a current price of 円2,467.00 — trading 41.4% above its estimated fair value. The current Current Ratio is 4.51, which is 67% above median its 10-year median of 2.70 and 185.4% above the Construction industry median of 1.58. Taihei Dengyo Kaisha's overall GF Score™ is 77/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Taihei Dengyo Kaisha (TSE:1968), the current Current Ratio is 4.51 as of Mar. 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 Taihei Dengyo Kaisha (TSE:1968) Overvalued in 2026?

Based on GuruFocus' analysis, Taihei Dengyo Kaisha stock appears to be overvalued. The current stock price of 円2,467.00 is trading 41.4% above its estimated GF Value™ of 円1,744.21. GuruFocus considers Taihei Dengyo Kaisha to be Significantly Overvalued.

Key valuation signals for TSE:1968:

  • Current Ratio: 4.51 (67% above median its 10-year median of 2.70)
  • GF Value™: 円1,744.21 vs. price of 円2,467.00 (41.4% above fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 185.4% above the Construction median (#128 of 1784)

No single metric tells the full story. See the TSE:1968 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taihei Dengyo Kaisha Business Description

Address 2-4, Kanda, Jimbo-cho, Chiyoda-ku, Tokyo, JPN, 101-8416
Taihei Dengyo Kaisha Ltd is a Japan-based company mainly engaged in the construction business. It is involved in the construction and maintenance of thermal, nuclear, gas-turbine, and diesel engine power plants, steel mill, petrochemical, sugar refining, cement and other industrial plants as well as dioxin and sludge treatment. Additionally, the company also design, manufacture, install and maintain the various electrical system, sub-station, control system, optical fiber communication system, air conditioning and utility sanitary system. Further, it also creates, procures and fabricates machined products such as tanks, piping, electrical and control panels.
77GF Score

Get the complete analysis for TSE:1968

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

円2,467.00
Price
円1,744.21
GF Value