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GMO Internet group (GMO Internet group) Cyclically Adjusted PB Ratio : 4.31 (As of May. 25, 2024)


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What is GMO Internet group Cyclically Adjusted PB Ratio?

As of today (2024-05-25), GMO Internet group's current share price is $14.86. GMO Internet group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $3.45. GMO Internet group's Cyclically Adjusted PB Ratio for today is 4.31.

The historical rank and industry rank for GMO Internet group's Cyclically Adjusted PB Ratio or its related term are showing as below:

GMOYF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.57   Med: 7.4   Max: 14.18
Current: 5.28

During the past years, GMO Internet group's highest Cyclically Adjusted PB Ratio was 14.18. The lowest was 4.57. And the median was 7.40.

GMOYF's Cyclically Adjusted PB Ratio is ranked worse than
88.97% of 290 companies
in the Telecommunication Services industry
Industry Median: 1.45 vs GMOYF: 5.28

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 adjusted book value per share data for the three months ended in Mar. 2024 was $5.454. 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 $3.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GMO Internet group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GMO Internet group's Cyclically Adjusted PB Ratio 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 Internet group Cyclically Adjusted PB Ratio Chart

GMO Internet group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.53 9.58 7.54 5.79 5.22

GMO Internet group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 5.83 6.02 4.88 5.22 5.46

Competitive Comparison of GMO Internet group's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.



GMO Internet group Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

GMO Internet group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.86/3.45
=4.31

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, GMO Internet group's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=5.454/107.2000*107.2000
=5.454

Current CPI (Mar. 2024) = 107.2000.

GMO Internet group Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.193 98.000 2.399
201409 2.178 98.500 2.370
201412 2.081 97.900 2.279
201503 2.127 97.900 2.329
201506 2.400 98.400 2.615
201509 2.524 98.500 2.747
201512 2.770 98.100 3.027
201603 2.764 97.900 3.027
201606 3.059 98.100 3.343
201609 3.245 98.000 3.550
201612 2.945 98.400 3.208
201703 3.053 98.100 3.336
201706 3.133 98.500 3.410
201709 3.150 98.800 3.418
201712 3.368 99.400 3.632
201803 3.684 99.200 3.981
201806 3.760 99.200 4.063
201809 3.769 99.900 4.044
201812 4.066 99.700 4.372
201903 4.150 99.700 4.462
201906 4.140 99.800 4.447
201909 4.319 100.100 4.625
201912 4.360 100.500 4.651
202003 4.460 100.300 4.767
202006 3.964 99.900 4.254
202009 4.183 99.900 4.489
202012 4.495 99.300 4.853
202103 5.272 99.900 5.657
202106 5.827 99.500 6.278
202109 6.021 100.100 6.448
202112 5.899 100.100 6.317
202203 5.552 101.100 5.887
202206 5.521 101.800 5.814
202209 4.855 103.100 5.048
202212 5.016 104.100 5.165
202303 5.292 104.400 5.434
202306 5.283 105.200 5.383
202309 5.215 106.200 5.264
202312 5.404 106.800 5.424
202403 5.454 107.200 5.454

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


GMO Internet group  (OTCPK:GMOYF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


GMO Internet group Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of GMO Internet group's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


GMO Internet group (GMO Internet group) Business Description

Traded in Other Exchanges
Address
Cerulean Tower 4th-14th floors, 26-1 Sakuragaokacho, Shibuya ku, Tokyo, JPN
GMO Internet group Inc operates through four main segments, Internet infrastructure, Online advertising and media, Internet securities, and Cryptocurrency. Internet infrastructure, the largest 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.