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GMYTF (GMO Payment Gateway) Cyclically Adjusted Book per Share : $3.69 (As of Sep. 2024)


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What is GMO Payment Gateway Cyclically Adjusted Book per Share?

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 Payment Gateway's adjusted book value per share for the three months ended in Sep. 2024 was $9.490. 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 $3.69 for the trailing ten years ended in Sep. 2024.

During the past 12 months, GMO Payment Gateway's average Cyclically Adjusted Book Growth Rate was 23.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 31.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 29.80% 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 Payment Gateway was 32.80% per year. The lowest was 22.40% per year. And the median was 29.95% per year.

As of today (2024-12-12), GMO Payment Gateway's current stock price is $58.35. GMO Payment Gateway's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $3.69. GMO Payment Gateway's Cyclically Adjusted PB Ratio of today is 15.81.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GMO Payment Gateway was 77.90. The lowest was 12.13. And the median was 43.32.


GMO Payment Gateway Cyclically Adjusted Book per Share Historical Data

The historical data trend for GMO Payment Gateway'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.

* Premium members only.

GMO Payment Gateway Cyclically Adjusted Book per Share Chart

GMO Payment Gateway Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.16 2.50 2.49 4.53 3.69

GMO Payment Gateway Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.53 2.07 2.23 - 3.69

Competitive Comparison of GMO Payment Gateway's Cyclically Adjusted Book per Share

For the Software - Infrastructure subindustry, GMO Payment Gateway'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 Payment Gateway's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, GMO Payment Gateway's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GMO Payment Gateway 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 Payment Gateway's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=9.49/108.9000*108.9000
=9.490

Current CPI (Sep. 2024) = 108.9000.

GMO Payment Gateway Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.826 97.900 0.919
201503 0.873 97.900 0.971
201506 1.722 98.400 1.906
201509 1.814 98.500 2.006
201512 1.786 98.100 1.983
201603 1.982 97.900 2.205
201606 2.182 98.100 2.422
201609 2.375 98.000 2.639
201612 2.081 98.400 2.303
201703 2.232 98.100 2.478
201706 2.299 98.500 2.542
201709 2.391 98.800 2.635
201712 2.313 99.400 2.534
201803 2.611 99.200 2.866
201806 2.935 99.200 3.222
201809 3.003 99.900 3.274
201812 2.665 99.700 2.911
201903 2.942 99.700 3.213
201906 3.199 99.800 3.491
201909 3.349 100.100 3.643
201912 3.207 100.500 3.475
202003 3.463 100.300 3.760
202006 3.753 99.900 4.091
202009 4.084 99.900 4.452
202012 3.919 99.300 4.298
202103 5.153 99.900 5.617
202106 6.450 99.500 7.059
202109 6.684 100.100 7.272
202112 6.251 100.100 6.801
202203 7.073 101.100 7.619
202206 8.154 101.800 8.723
202209 8.017 103.100 8.468
202212 7.390 104.100 7.731
202303 7.885 104.400 8.225
202306 8.211 105.200 8.500
202309 8.229 106.200 8.438
202312 7.950 106.800 8.106
202403 8.323 107.200 8.455
202406 0.000 108.200 0.000
202409 9.490 108.900 9.490

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


GMO Payment Gateway  (OTCPK:GMYTF) 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 Payment Gateway's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=58.35/3.69
=15.81

* 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 Payment Gateway was 77.90. The lowest was 12.13. And the median was 43.32.


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 Payment Gateway Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of GMO Payment Gateway's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


GMO Payment Gateway Business Description

Industry
Traded in Other Exchanges
Address
1-9-5 Dogenzaka, Tokyo, JPN
GMO Payment Gateway Inc is a settlement service company. The company offers payment solutions for credit cards, convenience store settlements, catalogue and TV purchases, and online shopping and e-commerce. The service includes the processing of payments, the storage of sensitive personal data, and recurring billing options. GMO Payments Gateway operates in Japan.

GMO Payment Gateway Headlines

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