PhoenixBio CoTSE:6190 +2.38%57 Current Ratio is 4.40 as of Mar. 2026, which is 2% above its 10-year median of 4.32. GuruFocus rates TSE:6190 with a GF Score™ of 57/100 and a GF Value™ of 円359.09 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,410 Biotechnology companies, PhoenixBio Co ranks better than 53.76% 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. PhoenixBio Co's current ratio for the quarter that ended in Mar. 2026 was 4.40.
PhoenixBio Co has a current ratio of 4.40. 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 PhoenixBio Co's Current Ratio or its related term are showing as below:
TSE:6190'
s Current Ratio Range Over the Past 10 Years
Min: 1.78 Med: 4.32 Max: 13.6
Current: 4.4
During the past 12 years, PhoenixBio Co's highest Current Ratio was 13.60. The lowest was 1.78. And the median was 4.32.
TSE:6190's Current Ratio is ranked better than 53.76% of 1410
companies
in the Biotechnology industry
Industry Median: 3.89
vs TSE:6190: 4.40
PhoenixBio Co (TSE:6190) 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.
PhoenixBio Co Current Ratio Related Terms
PhoenixBio Co Current Ratio Historical Data
* Premium members only.
The historical data trend for PhoenixBio Co'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:6190 vs VRTX, REGN, ALNY: Current Ratio Comparison
For the Biotechnology subindustry, PhoenixBio Co'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.
PhoenixBio Co Current Ratio vs Biotechnology Industry
For the Biotechnology industry and Healthcare sector, PhoenixBio Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where PhoenixBio Co'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.
PhoenixBio Co (TSE:6190) has a Current Ratio of 4.40 as of Mar. 2026. This is near median its historical median of 4.32. Over the past decade, PhoenixBio Co's Current Ratio has ranged from 1.78 to 13.60. According to the industry distribution chart, PhoenixBio Co ranks #652 out of 1410 companies in the Biotechnology industry, placing it in the top 46.2%.
Is PhoenixBio Co's Current Ratio too high?
PhoenixBio Co's current Current Ratio of 4.40 is near median its 10-year median of 4.32. Over the past 10 years, this metric has ranged from a low of 1.78 to a high of 13.60. The Biotechnology industry median Current Ratio is 3.89. PhoenixBio Co's value of 4.40 is 13.1% above this industry median. Based on the distribution chart, PhoenixBio Co ranks #652 out of 1410 companies in the Biotechnology industry, which is above the industry midpoint. Overall, PhoenixBio Co has a GF Score™ of 57/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PhoenixBio Co's Current Ratio compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, PhoenixBio Co ranks #652 out of 1410 companies for Current Ratio. This puts PhoenixBio Co in the upper half of its industry. The industry median Current Ratio is 3.89. PhoenixBio Co's value of 4.40 is 13.1% above this benchmark. Historically, PhoenixBio Co's own Current Ratio has ranged from 1.78 to 13.60 over the past decade. While the company's 10-year median is 4.32 vs. the industry median of 3.89, PhoenixBio Co 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 Biotechnology company?
The median Current Ratio among Biotechnology companies is 3.89, based on 1,410 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. PhoenixBio Co's current Current Ratio of 4.40 is 13.1% 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 Biotechnology industry, the median Current Ratio is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PhoenixBio Co's current Current Ratio is 4.40, which is near median its own 10-year median of 4.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PhoenixBio Co stock overvalued right now?
Based on GuruFocus' analysis, PhoenixBio Co (TSE:6190) is currently considered Fairly Valued. The stock's GF Value™ is 円359.09, compared to a current price of 円344.00 — trading 4.2% below its estimated fair value. The current Current Ratio is 4.40, which is near median its 10-year median of 4.32 and 13.1% above the Biotechnology industry median of 3.89. PhoenixBio Co's overall GF Score™ is 57/100 with 5 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 PhoenixBio Co (TSE:6190), the current Current Ratio is 4.40 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 PhoenixBio Co (TSE:6190) Overvalued in 2026?
Based on GuruFocus' analysis, PhoenixBio Co stock appears to be undervalued.
The current stock price of 円344.00 is trading 4.2% below its estimated GF Value™ of 円359.09.
GuruFocus considers PhoenixBio Co to be Fairly Valued.
Key valuation signals for TSE:6190:
Current Ratio: 4.40 (near median its 10-year median of 4.32)
GF Value™: 円359.09 vs. price of 円344.00 (4.2% below fair value)
Industry Position: 13.1% above the Biotechnology median (#652 of 1410)
No single metric tells the full story. See the TSE:6190 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PhoenixBio Co Ltd conducts study services for drug discovery and early development. It provides outsourcing services for drug development. The Company uses PXB-Mouse to conduct the study. Its services include pharmacokinetics-related tests, safety tests, and hepatitis virus (HBV / HCV) related drug efficacy tests. Geographically, the company generates the majority of its revenue from USA.
57GF Score
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