ChoeiTSE:2993 -0.05%58 Current Ratio is 2.69 as of Mar. 2026, which is 16% above its 10-year median of 2.31. GuruFocus rates TSE:2993 with a GF Score™ of 58/100 and a GF Value™ of 円2,468.71 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,790 Real Estate companies, Choei ranks better than 72.07% 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. Choei's current ratio for the quarter that ended in Mar. 2026 was 2.69.
Choei has a current ratio of 2.69. It generally indicates good short-term financial strength.
The historical rank and industry rank for Choei's Current Ratio or its related term are showing as below:
TSE:2993'
s Current Ratio Range Over the Past 10 Years
Min: 1.43 Med: 2.31 Max: 3
Current: 2.69
During the past 7 years, Choei's highest Current Ratio was 3.00. The lowest was 1.43. And the median was 2.31.
TSE:2993's Current Ratio is ranked better than 72.07% of 1790
companies
in the Real Estate industry
Industry Median: 1.7
vs TSE:2993: 2.69
Choei (TSE:2993) 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.
Choei Current Ratio Related Terms
Choei Current Ratio Historical Data
* Premium members only.
The historical data trend for Choei'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.
TSE:2993 vs CBRE, BEKE, JLL: Current Ratio Comparison
For the Real Estate Services subindustry, Choei'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.
Choei Current Ratio vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Choei's Current Ratio distribution charts can be found below:
* The bar in red indicates where Choei's Current Ratio falls into.
* 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 (TSE:2993) has a Current Ratio of 2.69 as of Mar. 2026. This is 16% above median its historical median of 2.31. Over the past decade, Choei's Current Ratio has ranged from 1.43 to 3.00. According to the industry distribution chart, Choei ranks #500 out of 1790 companies in the Real Estate industry, placing it in the top 27.9%.
Is Choei's Current Ratio too high?
Choei's current Current Ratio of 2.69 is 16% above median its 10-year median of 2.31. Over the past 10 years, this metric has ranged from a low of 1.43 to a high of 3.00. The Real Estate industry median Current Ratio is 1.70. Choei's value of 2.69 is 58.2% above this industry median. Based on the distribution chart, Choei ranks #500 out of 1790 companies in the Real Estate industry, which is above the industry midpoint. Overall, Choei has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Choei's Current Ratio compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Choei ranks #500 out of 1790 companies for Current Ratio. This puts Choei in the upper half of its industry. The industry median Current Ratio is 1.70. Choei's value of 2.69 is 58.2% above this benchmark. Historically, Choei's own Current Ratio has ranged from 1.43 to 3.00 over the past decade. While the company's 10-year median is 2.31 vs. the industry median of 1.70, Choei 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 Real Estate company?
The median Current Ratio among Real Estate companies is 1.70, based on 1,790 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. Choei's current Current Ratio of 2.69 is 58.2% 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 Real Estate industry, the median Current Ratio is 1.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Choei's current Current Ratio is 2.69, which is 16% above median its own 10-year median of 2.31. 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2,468.71, compared to a current price of 円2,185.00 — trading 11.5% below its estimated fair value. The current Current Ratio is 2.69, which is 16% above median its 10-year median of 2.31 and 58.2% above the Real Estate industry median of 1.70. Choei's overall GF Score™ is 58/100 with 6 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 Choei (TSE:2993), the current Current Ratio is 2.69 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 Choei (TSE:2993) Overvalued in 2026?
Based on GuruFocus' analysis, Choei stock appears to be undervalued.
The current stock price of 円2,185.00 is trading 11.5% below its estimated GF Value™ of 円2,468.71.
GuruFocus considers Choei to be Modestly Undervalued.
Key valuation signals for TSE:2993:
Current Ratio: 2.69 (16% above median its 10-year median of 2.31)
GF Value™: 円2,468.71 vs. price of 円2,185.00 (11.5% below fair value)
Industry Position: 58.2% above the Real Estate median (#500 of 1790)
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 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.
58GF Score
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