GMO Tech Holdings (TSE:415A) Cyclically Adjusted Book per Share: 円908.40 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:415A GMO Tech Holdings Inc TSE:415A
71 GF Score
Price 円5,050.00
GF Value 円6,964.79
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is GMO Tech Holdings Cyclically Adjusted Book per Share?

GMO Tech Holdings TSE:415A -1.56% 71 Cyclically Adjusted Book per Share is 円908.40 as of Jun. 2026. GuruFocus rates TSE:415A with a GF Score™ of 71/100 and a GF Value™ of 円6,964.79 (Modestly Undervalued). 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 Tech Holdings's adjusted book value per share for the three months ended in Jun. 2026 was 円2,439.519. 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908.40 for the trailing ten years ended in Jun. 2026.

During the past 12 months, GMO Tech Holdings's average Cyclically Adjusted Book Growth Rate was 16.00% 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.

As of today (2026-08-25), GMO Tech Holdings's current stock price is 円5050.00. GMO Tech Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was 円908.40. GMO Tech Holdings's Cyclically Adjusted PB Ratio of today is 5.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GMO Tech Holdings was 15.35. The lowest was 5.19. And the median was 8.57.


GMO Tech Holdings  (TSE:415A) 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 Tech Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5050.00/908.40
=5.56

* 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 Tech Holdings was 15.35. The lowest was 5.19. And the median was 8.57.


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 Tech Holdings Cyclically Adjusted Book per Share Related Terms


GMO Tech Holdings Cyclically Adjusted Book per Share Historical Data

* Premium members only.

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

GMO Tech Holdings 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 0.00 0.00 0.00 778.40 836.42

GMO Tech Holdings Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 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 782.86 788.45 836.42 867.16 908.40

TSE:415A vs GOOGL, META, SPOT: Cyclically Adjusted Book per Share Comparison

For the Internet Content & Information subindustry, GMO Tech Holdings'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 Tech Holdings Cyclically Adjusted PB Ratio vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, GMO Tech Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


TSE:415A
71GF Score
GMO Tech Holdings Inc TSE:415A
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GMO Tech Holdings 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 Tech Holdings'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)
=2439.519/113.6000*113.6000
=2,439.519

Current CPI (Jun. 2026) = 113.6000.

GMO Tech Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201603 813.014 97.900 943.395
201606 716.248 98.100 829.417
201609 735.255 98.000 852.296
201612 797.565 98.400 920.766
201703 795.718 98.100 921.443
201706 797.296 98.500 919.521
201709 833.981 98.800 958.909
201712 844.078 99.400 964.661
201803 736.755 99.200 843.703
201806 693.732 99.200 794.435
201809 630.989 99.900 717.521
201812 651.589 99.700 742.432
201903 756.897 99.700 862.422
201906 767.530 99.800 873.661
201909 784.434 100.100 890.227
201912 783.873 100.500 886.049
202003 736.009 100.300 833.605
202006 719.727 99.900 818.428
202009 720.506 99.900 819.314
202012 727.418 99.300 832.172
202103 732.945 99.900 833.459
202106 751.858 99.500 858.403
202109 699.785 100.100 794.162
202112 455.231 100.100 516.626
202203 196.791 101.100 221.122
202206 -62.919 101.800 -70.212
202209 576.949 103.100 635.707
202212 370.405 104.100 404.208
202303 476.909 104.400 518.935
202306 599.434 105.200 647.298
202309 697.455 106.200 746.054
202312 757.519 106.800 805.751
202403 743.446 107.200 787.831
202406 908.240 108.200 953.568
202412 1,150.801 110.700 1,180.948
202503 944.392 111.100 965.643
202506 969.840 111.700 986.337
202512 2,531.982 113.000 2,545.426
202603 2,322.356 112.700 2,340.902
202606 2,439.519 113.600 2,439.519

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908.40 mean?
GMO Tech Holdings (TSE:415A) has a Cyclically Adjusted Book per Share of 円908.40 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 Tech Holdings and its competitors.
Is GMO Tech Holdings' Cyclically Adjusted Book per Share too high?
GMO Tech Holdings' current Cyclically Adjusted Book per Share is 円908.40. Overall, GMO Tech Holdings has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GMO Tech Holdings' Cyclically Adjusted Book per Share compare to GOOGL and META?
GMO Tech Holdings' Cyclically Adjusted Book per Share of 円908.40 can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Cyclically Adjusted Book per Share depends on the Interactive Media 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 Tech Holdings and its competitors. GMO Tech Holdings's current Cyclically Adjusted Book per Share is 円908.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMO Tech Holdings stock overvalued right now?
Based on GuruFocus' analysis, GMO Tech Holdings (TSE:415A) is currently considered Modestly Undervalued. The stock's GF Value™ is 円6,964.79, compared to a current price of 円5,050.00 — trading 27.5% below its estimated fair value. The current Cyclically Adjusted Book per Share is 円908.40. GMO Tech Holdings' overall GF Score™ is 71/100 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 Tech Holdings (TSE:415A), the current Cyclically Adjusted Book per Share is 円908.40 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 Tech Holdings (TSE:415A) Overvalued in 2026?

Based on GuruFocus' analysis, GMO Tech Holdings stock appears to be undervalued. The current stock price of 円5,050.00 is trading 27.5% below its estimated GF Value™ of 円6,964.79. GuruFocus considers GMO Tech Holdings to be Modestly Undervalued.

Key valuation signals for TSE:415A:

  • Cyclically Adjusted Book per Share: 円908.40
  • GF Value™: 円6,964.79 vs. price of 円5,050.00 (27.5% below fair value)
  • GF Score™: 71/100 with 5 warning signs

No single metric tells the full story. See the TSE:415A stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GMO Tech Holdings Business Description

Address 26-1 Sakuragaoka-cho, Cerulean Tower, Shibuya, Tokyo, JPN, 150-8512
GMO Tech Holdings Inc Formerly Gmo Tech Inc provides internet marketing services. It also offers advertisement assistance services such as retargeting advertisements & Facebook advertisements and Search engine optimization services. The company operates business through two segments. The Customer Attraction Support segment offers SEM and affiliate marketing services. SEM includes map engine optimization (MEO) to improve store visibility on Google Maps and SEO consulting to boost homepage rankings. Affiliate services include GMO SmaAD and GMO SmaAFFi, which support performance-based and sales-driven advertising for smartphones. The Real Estate Tech segment operates application platforms for rental owners and tenants, and contract digitization services for real estate rental procedures.
71GF Score

Get the complete analysis for TSE:415A

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

円5,050.00
Price
円6,964.79
GF Value