Business Engineering (TSE:4828) Current Ratio: 3.19 (As of Mar. 2026) — 53% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:4828 Business Engineering Corp TSE:4828
85 GF Score
Price 円1,225.00
GF Value 円1,037.19
Valuation Modestly Overvalued
View Full Analysis

What is Business Engineering Current Ratio?

Business Engineering TSE:4828 +0.66% 85 Current Ratio is 3.19 as of Mar. 2026, which is 53% above its 10-year median of 2.08. GuruFocus rates TSE:4828 with a GF Score™ of 85/100 and a GF Value™ of 円1,037.19 (Modestly Overvalued). Among 2,875 Software companies, Business Engineering ranks better than 75.27% 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. Business Engineering's current ratio for the quarter that ended in Mar. 2026 was 3.19.

Business Engineering has a current ratio of 3.19. 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 Business Engineering's Current Ratio or its related term are showing as below:

TSE:4828' s Current Ratio Range Over the Past 10 Years
Min: 1.23   Med: 2.08   Max: 3.19
Current: 3.19

During the past 13 years, Business Engineering's highest Current Ratio was 3.19. The lowest was 1.23. And the median was 2.08.

TSE:4828's Current Ratio is ranked better than
75.27% of 2875 companies
in the Software industry
Industry Median: 1.81 vs TSE:4828: 3.19

Business Engineering  (TSE:4828) 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.


Business Engineering Current Ratio Related Terms


Business Engineering Current Ratio Historical Data

* Premium members only.

The historical data trend for Business Engineering'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.

Business Engineering Current Ratio Chart

Business Engineering 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 2.21 2.63 2.65 2.85 3.19

Business Engineering 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 2.85 2.85 2.94 3.04 3.19

TSE:4828 vs QH, SHOP, UBER: Current Ratio Comparison

For the Software - Application subindustry, Business Engineering'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.


Business Engineering Current Ratio vs Software Industry

For the Software industry and Technology sector, Business Engineering's Current Ratio distribution charts can be found below:

* The bar in red indicates where Business Engineering's Current Ratio falls into.


TSE:4828
85GF Score
Business Engineering Corp TSE:4828
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Business Engineering 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.

Business Engineering'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 )
=17219.461/5396.639
=3.19

Business Engineering'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 )
=17219.461/5396.639
=3.19

* 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 3.19 mean?
Business Engineering (TSE:4828) has a Current Ratio of 3.19 as of Mar. 2026. This is 53% above median its historical median of 2.08. Over the past decade, Business Engineering's Current Ratio has ranged from 1.23 to 3.19. According to the industry distribution chart, Business Engineering ranks #711 out of 2875 companies in the Software industry, placing it in the top 24.7%.
Is Business Engineering's Current Ratio too high?
Business Engineering's current Current Ratio of 3.19 is 53% above median its 10-year median of 2.08. Over the past 10 years, this metric has ranged from a low of 1.23 to a high of 3.19. The Software industry median Current Ratio is 1.81. Business Engineering's value of 3.19 is 76.2% above this industry median. Based on the distribution chart, Business Engineering ranks #711 out of 2875 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Business Engineering has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Business Engineering's Current Ratio compare to QH and SHOP?
According to the Software industry distribution chart, Business Engineering ranks #711 out of 2875 companies for Current Ratio. This places Business Engineering in the top 25% of its industry — outperforming the majority of peers. The industry median Current Ratio is 1.81. Business Engineering's value of 3.19 is 76.2% above this benchmark. Historically, Business Engineering's own Current Ratio has ranged from 1.23 to 3.19 over the past decade. While the company's 10-year median is 2.08 vs. the industry median of 1.81, Business Engineering 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 Software company?
The median Current Ratio among Software companies is 1.81, based on 2,875 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. Business Engineering's current Current Ratio of 3.19 is 76.2% 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 Software industry, the median Current Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Business Engineering's current Current Ratio is 3.19, which is 53% above median its own 10-year median of 2.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Business Engineering stock overvalued right now?
Based on GuruFocus' analysis, Business Engineering (TSE:4828) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,037.19, compared to a current price of 円1,225.00 — trading 18.1% above its estimated fair value. The current Current Ratio is 3.19, which is 53% above median its 10-year median of 2.08 and 76.2% above the Software industry median of 1.81. Business Engineering's overall GF Score™ is 85/100. 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 Business Engineering (TSE:4828), the current Current Ratio is 3.19 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 Business Engineering (TSE:4828) Overvalued in 2026?

Based on GuruFocus' analysis, Business Engineering stock appears to be overvalued. The current stock price of 円1,225.00 is trading 18.1% above its estimated GF Value™ of 円1,037.19. GuruFocus considers Business Engineering to be Modestly Overvalued.

Key valuation signals for TSE:4828:

  • Current Ratio: 3.19 (53% above median its 10-year median of 2.08)
  • GF Value™: 円1,037.19 vs. price of 円1,225.00 (18.1% above fair value)
  • GF Score™: 85/100
  • Industry Position: 76.2% above the Software median (#711 of 2875)

No single metric tells the full story. See the TSE:4828 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Business Engineering Business Description

Address 1-8-1 Otemachi, Chiyoda-ku, KDDI Otemachi Building, Tokyo, JPN, 100-0004
Business Engineering Corp is a Japan-based company engaged in providing enterprise software solutions. The solutions offered by the company include Wide line up solutions, Oracle, Mcframe, Mcframe cloud, Global MES, SAP, Mcframe motion VR learning.
85GF Score

Get the complete analysis for TSE:4828

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

円1,225.00
Price
円1,037.19
GF Value