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GMO Internet group (FRA:IQ3) Cyclically Adjusted PB Ratio : 5.12 (As of May. 21, 2024)


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What is GMO Internet group Cyclically Adjusted PB Ratio?

As of today (2024-05-21), GMO Internet group's current share price is €15.40. GMO Internet group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.01. GMO Internet group's Cyclically Adjusted PB Ratio for today is 5.12.

The historical rank and industry rank for GMO Internet group's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:IQ3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.57   Med: 7.4   Max: 14.18
Current: 5.28

During the past years, GMO Internet group's highest Cyclically Adjusted PB Ratio was 14.18. The lowest was 4.57. And the median was 7.40.

FRA:IQ3's Cyclically Adjusted PB Ratio is ranked worse than
89.51% of 286 companies
in the Telecommunication Services industry
Industry Median: 1.45 vs FRA:IQ3: 5.28

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

GMO Internet group's adjusted book value per share data for the three months ended in Mar. 2024 was €5.018. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €3.01 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GMO Internet group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GMO Internet group's Cyclically Adjusted PB 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.

* Premium members only.

GMO Internet group Cyclically Adjusted PB Ratio Chart

GMO Internet group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.53 9.58 7.54 5.79 5.22

GMO Internet group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB 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 5.83 6.02 4.88 5.22 5.46

Competitive Comparison of GMO Internet group's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, GMO Internet group's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


GMO Internet group's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, GMO Internet group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where GMO Internet group's Cyclically Adjusted PB Ratio falls into.



GMO Internet group Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

GMO Internet group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.40/3.01
=5.12

* 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.

GMO Internet group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, GMO Internet group's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.018/107.2000*107.2000
=5.018

Current CPI (Mar. 2024) = 107.2000.

GMO Internet group Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.614 98.000 1.766
201409 1.690 98.500 1.839
201412 1.688 97.900 1.848
201503 1.965 97.900 2.152
201506 2.138 98.400 2.329
201509 2.249 98.500 2.448
201512 2.543 98.100 2.779
201603 2.482 97.900 2.718
201606 2.722 98.100 2.974
201609 2.891 98.000 3.162
201612 2.792 98.400 3.042
201703 2.855 98.100 3.120
201706 2.789 98.500 3.035
201709 2.643 98.800 2.868
201712 2.846 99.400 3.069
201803 2.987 99.200 3.228
201806 3.219 99.200 3.479
201809 3.230 99.900 3.466
201812 3.574 99.700 3.843
201903 3.673 99.700 3.949
201906 3.664 99.800 3.936
201909 3.921 100.100 4.199
201912 3.924 100.500 4.186
202003 4.037 100.300 4.315
202006 3.520 99.900 3.777
202009 3.552 99.900 3.812
202012 3.695 99.300 3.989
202103 4.428 99.900 4.752
202106 4.837 99.500 5.211
202109 5.118 100.100 5.481
202112 5.220 100.100 5.590
202203 5.041 101.100 5.345
202206 5.223 101.800 5.500
202209 4.904 103.100 5.099
202212 4.735 104.100 4.876
202303 4.942 104.400 5.075
202306 4.876 105.200 4.969
202309 4.887 106.200 4.933
202312 4.955 106.800 4.974
202403 5.018 107.200 5.018

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


GMO Internet group  (FRA:IQ3) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


GMO Internet group Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of GMO Internet group's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


GMO Internet group (FRA:IQ3) Business Description

Traded in Other Exchanges
Address
Cerulean Tower 4th-14th floors, 26-1 Sakuragaokacho, Shibuya ku, Tokyo, JPN
GMO Internet group Inc operates through four main segments, Internet infrastructure, Online advertising and media, Internet securities, and Cryptocurrency. Internet infrastructure, the largest segment, provides basic Internet services, such as domain hosting and e-commerce payments. Online advertising and media segment provides marketing services for online businesses. The Internet securities division provides consumer financial services, and the Cryptocurrency segment operates business pertaining to mining and exchange of cryptocurrency. The company generates the vast majority of revenue in Japan.

GMO Internet group (FRA:IQ3) Headlines

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