GMO Payment Gateway (TSE:3769) Cyclically Adjusted Book per Share: 円842.30 (As of Jun. 2026)

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TSE:3769 GMO Payment Gateway Inc TSE:3769
97 GF Score
Price 円9,628.00
GF Value 円10,591.46
Valuation Fairly Valued
! 5 Warning Signs
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What is GMO Payment Gateway Cyclically Adjusted Book per Share?

GMO Payment Gateway TSE:3769 +0.23% 97 Cyclically Adjusted Book per Share is 円842.30 as of Jun. 2026. GuruFocus rates TSE:3769 with a GF Score™ of 97/100 and a GF Value™ of 円10,591.46 (Fairly Valued). The stock has 5 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 Payment Gateway's adjusted book value per share for the three months ended in Jun. 2026 was 円1,646.998. 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 円842.30 for the trailing ten years ended in Jun. 2026.

During the past 12 months, GMO Payment Gateway's average Cyclically Adjusted Book Growth Rate was 20.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 28.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 30.80% 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 33.00% per year. The lowest was 20.90% per year. And the median was 28.35% per year.

As of today (2026-08-29), GMO Payment Gateway's current stock price is 円9628.00. GMO Payment Gateway's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円842.30. GMO Payment Gateway's Cyclically Adjusted PB Ratio of today is 11.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GMO Payment Gateway was 77.90. The lowest was 9.08. And the median was 36.22.


GMO Payment Gateway  (TSE:3769) 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
=9628.00/842.30
=11.43

* 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 9.08. And the median was 36.22.


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


GMO Payment Gateway Cyclically Adjusted Book per Share Historical Data

* Premium members only.

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.

GMO Payment Gateway Cyclically Adjusted Book per Share Chart

GMO Payment Gateway Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 252.63 348.95 462.85 593.85 734.66

GMO Payment Gateway Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 701.72 734.66 771.27 801.39 842.30

TSE:3769 vs MSFT, ORCL, PLTR: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


TSE:3769
97GF Score
GMO Payment Gateway Inc TSE:3769
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1646.998/113.6000*113.6000
=1,646.998

Current CPI (Jun. 2026) = 113.6000.

GMO Payment Gateway Quarterly Data

Book Value per Share CPI Adj_Book
201609 241.713 98.000 280.190
201612 241.411 98.400 278.702
201703 252.039 98.100 291.862
201706 255.016 98.500 294.110
201709 264.825 98.800 304.495
201712 261.213 99.400 298.529
201803 276.908 99.200 317.104
201806 323.020 99.200 369.910
201809 336.644 99.900 382.810
201812 299.020 99.700 340.709
201903 326.975 99.700 372.561
201906 345.692 99.800 393.493
201909 360.167 100.100 408.741
201912 349.847 100.500 395.449
202003 372.865 100.300 422.308
202006 403.784 99.900 459.158
202009 431.252 99.900 490.393
202012 406.787 99.300 465.368
202103 560.173 99.900 636.994
202106 710.221 99.500 810.865
202109 736.336 100.100 835.642
202112 711.615 100.100 807.587
202203 838.657 101.100 942.349
202206 1,092.282 101.800 1,218.892
202209 1,148.726 103.100 1,265.716
202212 996.992 104.100 1,087.976
202303 1,053.964 104.400 1,146.842
202306 1,160.629 105.200 1,253.303
202309 1,216.665 106.200 1,301.442
202312 1,144.721 106.800 1,217.606
202403 1,246.868 107.200 1,321.308
202406 1,371.970 108.200 1,440.442
202409 1,356.596 108.900 1,415.145
202412 1,345.622 110.700 1,380.873
202503 1,373.072 111.100 1,403.969
202506 1,440.149 111.700 1,464.646
202509 1,489.877 112.000 1,511.161
202512 1,452.211 113.000 1,459.922
202603 1,544.263 112.700 1,556.595
202606 1,646.998 113.600 1,646.998

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 円842.30 mean?
GMO Payment Gateway (TSE:3769) has a Cyclically Adjusted Book per Share of 円842.30 as of Jun. 2026. 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 Payment Gateway and its competitors.
Is GMO Payment Gateway's Cyclically Adjusted Book per Share too high?
GMO Payment Gateway's current Cyclically Adjusted Book per Share is 円842.30. Overall, GMO Payment Gateway has a GF Score™ of 97/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GMO Payment Gateway's Cyclically Adjusted Book per Share compare to MSFT and ORCL?
GMO Payment Gateway's Cyclically Adjusted Book per Share of 円842.30 can be compared against companies in the Software 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 Software company?
A good Cyclically Adjusted Book per Share depends on the Software 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 Payment Gateway and its competitors. GMO Payment Gateway's current Cyclically Adjusted Book per Share is 円842.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMO Payment Gateway stock overvalued right now?
Based on GuruFocus' analysis, GMO Payment Gateway (TSE:3769) is currently considered Fairly Valued. The stock's GF Value™ is 円10,591.46, compared to a current price of 円9,628.00 — trading 9.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円842.30. GMO Payment Gateway's overall GF Score™ is 97/100 with 5 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 Payment Gateway (TSE:3769), the current Cyclically Adjusted Book per Share is 円842.30 as of Jun. 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 GMO Payment Gateway (TSE:3769) Overvalued in 2026?

Based on GuruFocus' analysis, GMO Payment Gateway stock appears to be undervalued. The current stock price of 円9,628.00 is trading 9.1% below its estimated GF Value™ of 円10,591.46. GuruFocus considers GMO Payment Gateway to be Fairly Valued.

Key valuation signals for TSE:3769:

  • Cyclically Adjusted Book per Share: 円842.30
  • GF Value™: 円10,591.46 vs. price of 円9,628.00 (9.1% below fair value)
  • GF Score™: 97/100 with 5 warning signs

No single metric tells the full story. See the TSE:3769 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GMO Payment Gateway Business Description

Other Exchanges 3RH:Germany
Address 1-2-3 Dogenzaka, Shibuya-ku, Tokyo, JPN, 150-0043
GMO Payment Gateway is a major Japanese provider of cashless and online payment infrastructure, serving many sectors including digital content and telecommunications, utilities, retail and hospitality, financial services, healthcare, and education. It serves a wide array of clients, from government agencies and municipalities to enterprises and merchants, across online and offline channels, including e-commerce platforms, physical stores, and unattended machines. Its services encompass payment processing, settlement solutions, and ancillary offerings such as early or deferred settlement services, transaction lending, buy now, pay later, online advertising, and internet security. GMO is expanding into adjacent financial technology operations, and gradually across Asia and North America.
97GF Score

Get the complete analysis for TSE:3769

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

円9,628.00
Price
円10,591.46
GF Value