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GMO Payment Gateway (GMO Payment Gateway) Cyclically Adjusted PB Ratio : 18.47 (As of May. 23, 2024)


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What is GMO Payment Gateway Cyclically Adjusted PB Ratio?

As of today (2024-05-23), GMO Payment Gateway's current share price is $41.185. GMO Payment Gateway's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.23. GMO Payment Gateway's Cyclically Adjusted PB Ratio for today is 18.47.

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

GMYTF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 13.18   Med: 44.29   Max: 77.9
Current: 15.18

During the past years, GMO Payment Gateway's highest Cyclically Adjusted PB Ratio was 77.90. The lowest was 13.18. And the median was 44.29.

GMYTF's Cyclically Adjusted PB Ratio is ranked worse than
92.96% of 1350 companies
in the Software industry
Industry Median: 2.61 vs GMYTF: 15.18

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 adjusted book value per share data for the three months ended in Mar. 2024 was $8.323. 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 $2.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GMO Payment Gateway Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GMO Payment Gateway'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 Payment Gateway Cyclically Adjusted PB Ratio Chart

GMO Payment Gateway Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.93 56.82 56.13 28.51 17.67

GMO Payment Gateway 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 28.40 26.01 17.67 19.92 18.50

Competitive Comparison of GMO Payment Gateway's Cyclically Adjusted PB Ratio

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 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 Payment Gateway's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=41.185/2.23
=18.47

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

For example, GMO Payment Gateway'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)
=8.323/107.2000*107.2000
=8.323

Current CPI (Mar. 2024) = 107.2000.

GMO Payment Gateway Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.904 98.000 0.989
201409 0.918 98.500 0.999
201412 0.826 97.900 0.904
201503 0.873 97.900 0.956
201506 1.722 98.400 1.876
201509 1.814 98.500 1.974
201512 1.786 98.100 1.952
201603 1.982 97.900 2.170
201606 2.182 98.100 2.384
201609 2.375 98.000 2.598
201612 2.081 98.400 2.267
201703 2.232 98.100 2.439
201706 2.299 98.500 2.502
201709 2.391 98.800 2.594
201712 2.313 99.400 2.495
201803 2.611 99.200 2.822
201806 2.935 99.200 3.172
201809 3.003 99.900 3.222
201812 2.665 99.700 2.865
201903 2.942 99.700 3.163
201906 3.199 99.800 3.436
201909 3.349 100.100 3.587
201912 3.207 100.500 3.421
202003 3.463 100.300 3.701
202006 3.753 99.900 4.027
202009 4.084 99.900 4.382
202012 3.919 99.300 4.231
202103 5.153 99.900 5.530
202106 6.450 99.500 6.949
202109 6.684 100.100 7.158
202112 6.251 100.100 6.694
202203 7.073 101.100 7.500
202206 8.154 101.800 8.587
202209 8.017 103.100 8.336
202212 7.390 104.100 7.610
202303 7.885 104.400 8.096
202306 8.211 105.200 8.367
202309 8.229 106.200 8.306
202312 7.950 106.800 7.980
202403 8.323 107.200 8.323

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 Payment Gateway  (OTCPK:GMYTF) 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 Payment Gateway Cyclically Adjusted PB Ratio Related Terms

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


GMO Payment Gateway (GMO Payment Gateway) Business Description

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 (GMO Payment Gateway) Headlines

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