Marufuji Sheet Piling CoTSE:8046 -0.67%64 Current Ratio is 2.64 as of Mar. 2026, which is 21% above its 10-year median of 2.18. GuruFocus rates TSE:8046 with a GF Score™ of 64/100 and a GF Value™ of 円667.62 (Significantly Overvalued). Among 634 Steel companies, Marufuji Sheet Piling Co ranks better than 70.5% 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. Marufuji Sheet Piling Co's current ratio for the quarter that ended in Mar. 2026 was 2.64.
Marufuji Sheet Piling Co has a current ratio of 2.64. It generally indicates good short-term financial strength.
The historical rank and industry rank for Marufuji Sheet Piling Co's Current Ratio or its related term are showing as below:
TSE:8046'
s Current Ratio Range Over the Past 10 Years
Min: 1.88 Med: 2.18 Max: 2.69
Current: 2.64
During the past 13 years, Marufuji Sheet Piling Co's highest Current Ratio was 2.69. The lowest was 1.88. And the median was 2.18.
TSE:8046's Current Ratio is ranked better than 70.5% of 634
companies
in the Steel industry
Industry Median: 1.63
vs TSE:8046: 2.64
Marufuji Sheet Piling Co (TSE:8046) 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.
Marufuji Sheet Piling Co Current Ratio Related Terms
Marufuji Sheet Piling Co Current Ratio Historical Data
* 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:8046 vs NUE, STLD, RS: Current Ratio Comparison
For the Steel subindustry, Marufuji Sheet Piling 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.
Marufuji Sheet Piling Co Current Ratio vs Steel Industry
For the Steel industry and Basic Materials sector, Marufuji Sheet Piling Co's Current Ratio distribution charts can be found below:
* The bar in red indicates where Marufuji Sheet Piling 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.
Marufuji Sheet Piling Co (TSE:8046) has a Current Ratio of 2.64 as of Mar. 2026. This is 21% above median its historical median of 2.18. Over the past decade, Marufuji Sheet Piling Co's Current Ratio has ranged from 1.88 to 2.69. According to the industry distribution chart, Marufuji Sheet Piling Co ranks #187 out of 634 companies in the Steel industry, placing it in the top 29.5%.
Is Marufuji Sheet Piling Co's Current Ratio too high?
Marufuji Sheet Piling Co's current Current Ratio of 2.64 is 21% above median its 10-year median of 2.18. Over the past 10 years, this metric has ranged from a low of 1.88 to a high of 2.69. The Steel industry median Current Ratio is 1.63. Marufuji Sheet Piling Co's value of 2.64 is 62% above this industry median. Based on the distribution chart, Marufuji Sheet Piling Co ranks #187 out of 634 companies in the Steel industry, which is above the industry midpoint. Overall, Marufuji Sheet Piling Co has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Marufuji Sheet Piling Co's Current Ratio compare to NUE and STLD?
According to the Steel industry distribution chart, Marufuji Sheet Piling Co ranks #187 out of 634 companies for Current Ratio. This puts Marufuji Sheet Piling Co in the upper half of its industry. The industry median Current Ratio is 1.63. Marufuji Sheet Piling Co's value of 2.64 is 62% above this benchmark. Historically, Marufuji Sheet Piling Co's own Current Ratio has ranged from 1.88 to 2.69 over the past decade. While the company's 10-year median is 2.18 vs. the industry median of 1.63, Marufuji Sheet Piling 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 Steel company?
The median Current Ratio among Steel companies is 1.63, based on 634 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. Marufuji Sheet Piling Co's current Current Ratio of 2.64 is 62% 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 Steel industry, the median Current Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marufuji Sheet Piling Co's current Current Ratio is 2.64, which is 21% above median its own 10-year median of 2.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marufuji Sheet Piling Co stock overvalued right now?
Based on GuruFocus' analysis, Marufuji Sheet Piling Co (TSE:8046) is currently considered Significantly Overvalued. The stock's GF Value™ is 円667.62, compared to a current price of 円884.00 — trading 32.4% above its estimated fair value. The current Current Ratio is 2.64, which is 21% above median its 10-year median of 2.18 and 62% above the Steel industry median of 1.63. Marufuji Sheet Piling Co's overall GF Score™ is 64/100. 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 Marufuji Sheet Piling Co (TSE:8046), the current Current Ratio is 2.64 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 Marufuji Sheet Piling Co (TSE:8046) Overvalued in 2026?
Based on GuruFocus' analysis, Marufuji Sheet Piling Co stock appears to be overvalued.
The current stock price of 円884.00 is trading 32.4% above its estimated GF Value™ of 円667.62.
GuruFocus considers Marufuji Sheet Piling Co to be Significantly Overvalued.
Key valuation signals for TSE:8046:
Current Ratio: 2.64 (21% above median its 10-year median of 2.18)
GF Value™: 円667.62 vs. price of 円884.00 (32.4% above fair value)
Industry Position: 62% above the Steel median (#187 of 634)
No single metric tells the full story. See the TSE:8046 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Marufuji Sheet Piling Co Ltd engages in the manufacture and sale of steel sheet piles, steel plates, and other steel products that include H-shaped steel, architectural steel processed products and reinforced soil wall products. The company offers sheet piles, lightweight steel sheet piles, and corner piles; H shape steel products; steel mountain abstraction products; steel retaining materials; gantry/pier related products; lining plates; and other steel products. It also provides temporary bridges, hat chucks, liner plates, simple holding products, guardrails, PC-ATM products, and two-tone bags, as well as various anchor type reinforced earth products.
64GF Score
Get the complete analysis for TSE:8046
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TSE:8046 has been successfully added to your 
