Choei (TSE:2993) ROE % Adjusted to Book Value: 10.24% (As of Mar. 2026)


TSE:2993 Choei Inc TSE:2993
64 GF Score
Price 円2,175.00
GF Value 円2,469.59
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Choei ROE % Adjusted to Book Value?

Choei TSE:2993 -0.46% 64 ROE % Adjusted to Book Value is 10.24% as of Mar. 2026. GuruFocus rates TSE:2993 with a GF Score™ of 64/100 and a GF Value™ of 円2,469.59 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Choei's ROE % for the quarter that ended in Mar. 2026 was 8.70%. Choei's PB Ratio for the quarter that ended in Mar. 2026 was 0.85. Choei's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 10.24%.


Choei ROE % Adjusted to Book Value Related Terms


Choei ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for Choei's ROE % Adjusted to Book Value 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.

Choei ROE % Adjusted to Book Value Chart

Choei Annual Data
Trend Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE % Adjusted to Book Value
Get a 7-Day Free Trial 24.44 15.63 13.40 23.88 9.67

Choei Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
ROE % Adjusted to Book Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.33 14.70 33.06 9.63 10.24

TSE:2993 vs CBRE, BEKE, JLL: ROE % Adjusted to Book Value Comparison

For the Real Estate Services subindustry, Choei's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Choei's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Choei's ROE % Adjusted to Book Value falls into.


TSE:2993
64GF Score
Choei Inc TSE:2993
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Choei ROE % Adjusted to Book Value Calculation

Choei's ROE % Adjusted to Book Value for the fiscal year that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=8.22% / 0.85
=9.67%

Choei's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=8.70% / 0.85
=10.24%

* 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.

What does a ROE % Adjusted to Book Value of 10.24% mean?
Choei (TSE:2993) has a ROE % Adjusted to Book Value of 10.24% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Choei and its competitors.
Is Choei's ROE % Adjusted to Book Value too high?
Choei's current ROE % Adjusted to Book Value is 10.24%. Overall, Choei has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Choei's ROE % Adjusted to Book Value compare to CBRE and BEKE?
Choei's ROE % Adjusted to Book Value of 10.24% can be compared against companies in the Real Estate industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Real Estate company?
A good ROE % Adjusted to Book Value depends on the Real Estate industry context. However, ROE % Adjusted to Book Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on Choei and its competitors. Choei's current ROE % Adjusted to Book Value is 10.24%. 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2,469.59, compared to a current price of 円2,175.00 — trading 11.9% below its estimated fair value. The current ROE % Adjusted to Book Value is 10.24%. Choei's overall GF Score™ is 64/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For Choei (TSE:2993), the current ROE % Adjusted to Book Value is 10.24% 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2,175.00 is trading 11.9% below its estimated GF Value™ of 円2,469.59. GuruFocus considers Choei to be Modestly Undervalued.

Key valuation signals for TSE:2993:

  • ROE % Adjusted to Book Value: 10.24%
  • GF Value™: 円2,469.59 vs. price of 円2,175.00 (11.9% below fair value)
  • GF Score™: 64/100 with 6 warning signs

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 Business Description

Address 70 Fukakusa Nishiuracho 3-chome, 5th Choei Astro Building, Fushimi-ku, Kyoto, JPN
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.
64GF Score

Get the complete analysis for TSE:2993

ROE % Adjusted to Book Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円2,175.00
Price
円2,469.59
GF Value