GMOYF (GMO Internet group) Cyclically Adjusted Book per Share: $4.14 (As of Dec. 2025)

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Founder & CEO of GuruFocus
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GMOYF GMO Internet group Inc GMOYF
81 GF Score
Price $19.78
GF Value $21.37
Valuation Fairly Valued
! 8 Warning Signs
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What is GMO Internet group Cyclically Adjusted Book per Share?

GMO Internet group GMOYF 81 Cyclically Adjusted Book per Share is $4.14 as of Dec. 2025. GuruFocus rates GMOYF with a GF Score™ of 81/100 and a GF Value™ of $21.37 (Fairly Valued). The stock has 8 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 for the three months ended in Dec. 2025 was $6.516. 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 $4.14 for the trailing ten years ended in Dec. 2025.

During the past 12 months, GMO Internet group's average Cyclically Adjusted Book Growth Rate was 12.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of GMO Internet group was 16.70% per year. The lowest was 14.30% per year. And the median was 15.50% per year.

As of today (2026-07-21), GMO Internet group's current stock price is $19.775. GMO Internet group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was $4.14. GMO Internet group's Cyclically Adjusted PB Ratio of today is 4.78.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GMO Internet group was 14.49. The lowest was 4.07. And the median was 6.64.


GMO Internet group  (OTCPK:GMOYF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=19.775/4.14
=4.78

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GMO Internet group was 14.49. The lowest was 4.07. And the median was 6.64.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


GMO Internet group Cyclically Adjusted Book per Share Related Terms


GMO Internet group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for GMO Internet group's Cyclically Adjusted Book per Share 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.

GMO Internet group Cyclically Adjusted Book per Share Chart

GMO Internet group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.17 3.19 3.42 3.55 4.14

GMO Internet group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Book per Share 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 4.14 3.99 4.41 4.14 0.00

GMOYF vs TMUS, VZ, T: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


GMOYF
81GF Score
GMO Internet group Inc GMOYF
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GMO Internet group Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, GMO Internet group's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book= Book Value per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=6.516/113.0000*113.0000
=6.516

Current CPI (Dec. 2025) = 113.0000.

GMO Internet group Quarterly Data

Book Value per Share CPI Adj_Book
201603 2.764 97.900 3.190
201606 3.059 98.100 3.524
201609 3.245 98.000 3.742
201612 2.945 98.400 3.382
201703 3.053 98.100 3.517
201706 3.133 98.500 3.594
201709 3.150 98.800 3.603
201712 3.368 99.400 3.829
201803 3.684 99.200 4.196
201806 3.760 99.200 4.283
201809 3.769 99.900 4.263
201812 4.066 99.700 4.608
201903 4.150 99.700 4.704
201906 4.140 99.800 4.688
201909 4.319 100.100 4.876
201912 4.360 100.500 4.902
202003 4.460 100.300 5.025
202006 3.964 99.900 4.484
202009 4.183 99.900 4.732
202012 4.495 99.300 5.115
202103 5.272 99.900 5.963
202106 5.827 99.500 6.618
202109 6.021 100.100 6.797
202112 5.899 100.100 6.659
202203 5.552 101.100 6.205
202206 5.521 101.800 6.128
202209 4.855 103.100 5.321
202212 5.016 104.100 5.445
202303 5.292 104.400 5.728
202306 5.283 105.200 5.675
202309 5.215 106.200 5.549
202312 5.404 106.800 5.718
202403 5.454 107.200 5.749
202406 5.323 108.200 5.559
202409 5.585 108.900 5.795
202412 5.368 110.700 5.480
202503 5.417 111.100 5.510
202506 5.889 111.700 5.958
202509 6.586 112.000 6.645
202512 6.516 113.000 6.516

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

What does a Cyclically Adjusted Book per Share of $4.14 mean?
GMO Internet group (GMOYF) has a Cyclically Adjusted Book per Share of $4.14 as of Dec. 2025. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on GMO Internet group and its competitors.
Is GMO Internet group's Cyclically Adjusted Book per Share too high?
GMO Internet group's current Cyclically Adjusted Book per Share is $4.14. Overall, GMO Internet group has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GMO Internet group's Cyclically Adjusted Book per Share compare to TMUS and VZ?
GMO Internet group's Cyclically Adjusted Book per Share of $4.14 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Telecommunication Services company?
A good Cyclically Adjusted Book per Share depends on the Telecommunication Services industry context. However, Cyclically Adjusted Book per Share 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 Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on GMO Internet group and its competitors. GMO Internet group's current Cyclically Adjusted Book per Share is $4.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMO Internet group stock overvalued right now?
Based on GuruFocus' analysis, GMO Internet group (GMOYF) is currently considered Fairly Valued. The stock's GF Value™ is $21.37, compared to a current price of $19.78 — trading 7.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is $4.14. GMO Internet group's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For GMO Internet group (GMOYF), the current Cyclically Adjusted Book per Share is $4.14 as of Dec. 2025. 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 GMO Internet group (GMOYF) Overvalued in 2026?

Based on GuruFocus' analysis, GMO Internet group stock appears to be undervalued. The current stock price of $19.78 is trading 7.5% below its estimated GF Value™ of $21.37. GuruFocus considers GMO Internet group to be Fairly Valued.

Key valuation signals for GMOYF:

  • Cyclically Adjusted Book per Share: $4.14
  • GF Value™: $21.37 vs. price of $19.78 (7.5% below fair value)
  • GF Score™: 81/100 with 8 warning signs

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


GMO Internet group Business Description

Other Exchanges 9449:JapanIQ3:Germany
Address 26-1 Sakuragaokacho, Cerulean Tower 4th-14th floors, Shibuya ku, Tokyo, JPN
GMO Internet group Inc operates through main segment namely, Internet infrastructure business, Internet advertising and media, Internet securities, Internet financial services and Cryptocurrency. Internet infrastructure, the key 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.
81GF Score

Get the complete analysis for GMOYF

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$19.78
Price
$21.37
GF Value