GMO Globalsign Holdings KK (TSE:3788) Cyclically Adjusted Book per Share: 円654.49 (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSE:3788 GMO Globalsign Holdings KK TSE:3788
76 GF Score
Price 円2,208.00
GF Value 円3,396.70
Valuation Significantly Undervalued
! 1 Warning Sign
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What is GMO Globalsign Holdings KK Cyclically Adjusted Book per Share?

GMO Globalsign Holdings KK TSE:3788 +1.05% 76 Cyclically Adjusted Book per Share is 円654.49 as of Dec. 2025. GuruFocus rates TSE:3788 with a GF Score™ of 76/100 and a GF Value™ of 円3,396.70 (Significantly Undervalued). The stock has 1 warning sign 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 Globalsign Holdings KK's adjusted book value per share for the three months ended in Dec. 2025 was 円899.502. 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654.49 for the trailing ten years ended in Dec. 2025.

During the past 12 months, GMO Globalsign Holdings KK's average Cyclically Adjusted Book Growth Rate was 7.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.10% 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 Globalsign Holdings KK was 8.60% per year. The lowest was 5.50% per year. And the median was 7.60% per year.

As of today (2026-07-15), GMO Globalsign Holdings KK's current stock price is 円2208.00. GMO Globalsign Holdings KK's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円654.49. GMO Globalsign Holdings KK's Cyclically Adjusted PB Ratio of today is 3.37.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GMO Globalsign Holdings KK was 29.03. The lowest was 2.86. And the median was 7.31.


GMO Globalsign Holdings KK  (TSE:3788) 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 Globalsign Holdings KK's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2208.00/654.49
=3.37

* 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 Globalsign Holdings KK was 29.03. The lowest was 2.86. And the median was 7.31.


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 Globalsign Holdings KK Cyclically Adjusted Book per Share Related Terms


GMO Globalsign Holdings KK Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for GMO Globalsign Holdings KK'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 Globalsign Holdings KK Cyclically Adjusted Book per Share Chart

GMO Globalsign Holdings KK 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 476.19 524.94 566.17 610.38 654.49

GMO Globalsign Holdings KK Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 618.60 629.61 639.21 654.49 0.00

TSE:3788 vs IBM, ACN, FISV: Cyclically Adjusted Book per Share Comparison

For the Information Technology Services subindustry, GMO Globalsign Holdings KK'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 Globalsign Holdings KK Cyclically Adjusted PB Ratio vs Software Industry

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

* The bar in red indicates where GMO Globalsign Holdings KK's Cyclically Adjusted PB Ratio falls into.


TSE:3788
76GF Score
GMO Globalsign Holdings KK TSE:3788
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GMO Globalsign Holdings KK 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 Globalsign Holdings KK'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)
=899.502/113.0000*113.0000
=899.502

Current CPI (Dec. 2025) = 113.0000.

GMO Globalsign Holdings KK Quarterly Data

Book Value per Share CPI Adj_Book
201512 453.602 98.100 522.498
201603 437.750 97.900 505.268
201606 426.544 98.100 491.330
201609 381.539 98.000 439.938
201612 410.187 98.400 471.048
201703 402.055 98.100 463.121
201706 419.377 98.500 481.113
201709 439.393 98.800 502.545
201712 453.124 99.400 515.121
201803 435.031 99.200 495.549
201806 461.418 99.200 525.607
201809 500.998 99.900 566.694
201812 503.914 99.700 571.136
201903 492.346 99.700 558.025
201906 511.965 99.800 579.680
201909 534.593 100.100 603.487
201912 556.324 100.500 625.519
202003 523.321 100.300 589.584
202006 556.242 99.900 629.183
202009 577.244 99.900 652.939
202012 607.330 99.300 691.121
202103 597.772 99.900 676.159
202106 606.412 99.500 688.689
202109 613.403 100.100 692.453
202112 619.273 100.100 699.079
202203 635.381 101.100 710.169
202206 687.386 101.800 763.012
202209 701.918 103.100 769.318
202212 688.830 104.100 747.721
202303 682.415 104.400 738.629
202306 724.332 105.200 778.037
202309 746.994 106.200 794.824
202312 749.923 106.800 793.458
202403 765.376 107.200 806.786
202406 808.955 108.200 844.842
202412 823.943 110.700 841.062
202503 775.949 111.100 789.219
202506 805.475 111.700 814.849
202509 843.580 112.000 851.112
202512 899.502 113.000 899.502

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654.49 mean?
GMO Globalsign Holdings KK (TSE:3788) has a Cyclically Adjusted Book per Share of 円654.49 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 Globalsign Holdings KK and its competitors.
Is GMO Globalsign Holdings KK's Cyclically Adjusted Book per Share too high?
GMO Globalsign Holdings KK's current Cyclically Adjusted Book per Share is 円654.49. Overall, GMO Globalsign Holdings KK has a GF Score™ of 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GMO Globalsign Holdings KK's Cyclically Adjusted Book per Share compare to IBM and ACN?
GMO Globalsign Holdings KK's Cyclically Adjusted Book per Share of 円654.49 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 Globalsign Holdings KK and its competitors. GMO Globalsign Holdings KK's current Cyclically Adjusted Book per Share is 円654.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMO Globalsign Holdings KK stock overvalued right now?
Based on GuruFocus' analysis, GMO Globalsign Holdings KK (TSE:3788) is currently considered Significantly Undervalued. The stock's GF Value™ is 円3,396.70, compared to a current price of 円2,208.00 — trading 35% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円654.49. GMO Globalsign Holdings KK's overall GF Score™ is 76/100 with 1 warning sign 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 Globalsign Holdings KK (TSE:3788), the current Cyclically Adjusted Book per Share is 円654.49 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 Globalsign Holdings KK (TSE:3788) Overvalued in 2026?

Based on GuruFocus' analysis, GMO Globalsign Holdings KK stock appears to be undervalued. The current stock price of 円2,208.00 is trading 35% below its estimated GF Value™ of 円3,396.70. GuruFocus considers GMO Globalsign Holdings KK to be Significantly Undervalued.

Key valuation signals for TSE:3788:

  • Cyclically Adjusted Book per Share: 円654.49
  • GF Value™: 円3,396.70 vs. price of 円2,208.00 (35% below fair value)
  • GF Score™: 76/100 with 1 warning sign

No single metric tells the full story. See the TSE:3788 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GMO Globalsign Holdings KK Business Description

Address 26-1, Sakuragaoka-cho, 10th Floor Cerulean Tower, Shibuya-ku, Tokyo, JPN, 150-8512
GMO Globalsign Holdings KK is engaged in the development and operation of various internet solutions centred on cloud and hosting services and security services. It is organized into four business areas - IoT business, Cloud/Hosting business, Security/ID Management business, and Solutions business. The company offers a wide range of hosting services from rental server to cloud, direct sales and sales through distributors. In the ID management business, the company provides a cloud type ID service that realizes user ID management, access control, and single sign-on.
76GF Score

Get the complete analysis for TSE:3788

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

円2,208.00
Price
円3,396.70
GF Value