GMO Internet group (STU:IQ3) Cyclically Adjusted PB Ratio: 5.75 (As of Aug. 23, 2026) — 13% Below Median

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STU:IQ3 GMO Internet group Inc STU:IQ3
70 GF Score
Price €21.40
GF Value €14.39
Valuation Significantly Overvalued
! 6 Warning Signs
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What is GMO Internet group Cyclically Adjusted PB Ratio?

GMO Internet group STU:IQ3 +1.90% 70 Cyclically Adjusted PB Ratio is 5.75 as of Aug. 23, 2026, which is 13% below its 10-year median of 6.62. GuruFocus rates STU:IQ3 with a GF Score™ of 70/100 and a GF Value™ of €14.39 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 287 Telecommunication Services companies, GMO Internet group ranks worse than 90.94% on this metric.

As of today (2026-08-23), GMO Internet group's current share price is €21.40. GMO Internet group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €3.72. GMO Internet group's Cyclically Adjusted PB Ratio for today is 5.75.

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

STU:IQ3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.06   Med: 6.62   Max: 14.49
Current: 5.84

During the past years, GMO Internet group's highest Cyclically Adjusted PB Ratio was 14.49. The lowest was 4.06. And the median was 6.62.

STU:IQ3's Cyclically Adjusted PB Ratio is ranked worse than
90.94% of 287 companies
in the Telecommunication Services industry
Industry Median: 1.79 vs STU:IQ3: 5.84

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 Jun. 2026 was €8.634. 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 €3.72 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GMO Internet group  (STU:IQ3) 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


GMO Internet group Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

GMO Internet group Cyclically Adjusted PB Ratio Chart

GMO Internet group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.54 5.79 5.21 4.71 6.11

GMO Internet group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.01 5.86 6.11 4.35 4.81

STU:IQ3 vs VZ, TMUS, T: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


STU:IQ3
70GF Score
GMO Internet group Inc STU:IQ3
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=21.40/3.72
=5.75

* 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 Jun. 2026 is calculated as:

For example, GMO Internet group'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)
=8.634/113.6000*113.6000
=8.634

Current CPI (Jun. 2026) = 113.6000.

GMO Internet group Quarterly Data

Book Value per Share CPI Adj_Book
201609 2.891 98.000 3.351
201612 2.792 98.400 3.223
201703 2.855 98.100 3.306
201706 2.789 98.500 3.217
201709 2.643 98.800 3.039
201712 2.846 99.400 3.253
201803 2.987 99.200 3.421
201806 3.219 99.200 3.686
201809 3.230 99.900 3.673
201812 3.574 99.700 4.072
201903 3.673 99.700 4.185
201906 3.664 99.800 4.171
201909 3.921 100.100 4.450
201912 3.924 100.500 4.435
202003 4.037 100.300 4.572
202006 3.520 99.900 4.003
202009 3.552 99.900 4.039
202012 3.695 99.300 4.227
202103 4.428 99.900 5.035
202106 4.837 99.500 5.522
202109 5.118 100.100 5.808
202112 5.220 100.100 5.924
202203 5.041 101.100 5.664
202206 5.223 101.800 5.828
202209 4.904 103.100 5.403
202212 4.735 104.100 5.167
202303 4.942 104.400 5.378
202306 4.876 105.200 5.265
202309 4.887 106.200 5.228
202312 5.247 106.800 5.581
202403 5.018 107.200 5.318
202406 4.945 108.200 5.192
202409 5.032 108.900 5.249
202412 5.559 110.700 5.705
202503 5.010 111.100 5.123
202506 5.105 111.700 5.192
202509 5.612 112.000 5.692
202512 6.083 113.000 6.115
202603 6.189 112.700 6.238
202606 8.634 113.600 8.634

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.

What does a Cyclically Adjusted PB Ratio of 5.75 mean?
GMO Internet group (STU:IQ3) has a Cyclically Adjusted PB Ratio of 5.75 as of Aug. 23, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on GMO Internet group and its competitors. This is 13% below median its historical median of 6.62. Over the past decade, GMO Internet group's Cyclically Adjusted PB Ratio has ranged from 4.06 to 14.49. According to the industry distribution chart, GMO Internet group ranks #261 out of 287 companies in the Telecommunication Services industry, placing it in the top 90.9%.
Is GMO Internet group's Cyclically Adjusted PB Ratio too high?
GMO Internet group's current Cyclically Adjusted PB Ratio of 5.75 is 13% below median its 10-year median of 6.62. Over the past 10 years, this metric has ranged from a low of 4.06 to a high of 14.49. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.79. GMO Internet group's value of 5.75 is 221.2% above this industry median. Based on the distribution chart, GMO Internet group ranks #261 out of 287 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, GMO Internet group has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GMO Internet group's Cyclically Adjusted PB Ratio compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, GMO Internet group ranks #261 out of 287 companies for Cyclically Adjusted PB Ratio. This places GMO Internet group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.79. GMO Internet group's value of 5.75 is 221.2% above this benchmark. Historically, GMO Internet group's own Cyclically Adjusted PB Ratio has ranged from 4.06 to 14.49 over the past decade. While the company's 10-year median is 6.62 vs. the industry median of 1.79, GMO Internet group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.79, based on 287 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GMO Internet group's current Cyclically Adjusted PB Ratio of 5.75 is 221.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on GMO Internet group and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GMO Internet group's current Cyclically Adjusted PB Ratio is 5.75, which is 13% below median its own 10-year median of 6.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMO Internet group stock overvalued right now?
Based on GuruFocus' analysis, GMO Internet group (STU:IQ3) is currently considered Significantly Overvalued. The stock's GF Value™ is €14.39, compared to a current price of €21.40 — trading 48.7% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 5.75, which is 13% below median its 10-year median of 6.62 and 221.2% above the Telecommunication Services industry median of 1.79. GMO Internet group's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For GMO Internet group (STU:IQ3), the current Cyclically Adjusted PB Ratio is 5.75 as of Aug. 23, 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 Internet group (STU:IQ3) Overvalued in 2026?

Based on GuruFocus' analysis, GMO Internet group stock appears to be overvalued. The current stock price of €21.40 is trading 48.7% above its estimated GF Value™ of €14.39. GuruFocus considers GMO Internet group to be Significantly Overvalued.

Key valuation signals for STU:IQ3:

  • Cyclically Adjusted PB Ratio: 5.75 (13% below median its 10-year median of 6.62)
  • GF Value™: €14.39 vs. price of €21.40 (48.7% above fair value)
  • GF Score™: 70/100 with 6 warning signs
  • Industry Position: 221.2% above the Telecommunication Services median (#261 of 287)

No single metric tells the full story. See the STU:IQ3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GMO Internet group Business Description

Other Exchanges GMOYF:USA9449:Japan
Address 26-1 Sakuragaokacho, Cerulean Tower 4th-14th floors, Shibuya ku, Tokyo, JPN
GMO Internet group Inc operates through main segment namely, Internet infrastructure business, Internet advertising and media, Internet securities, Internet financial services and Cryptocurrency. Internet infrastructure, the key 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.
70GF Score

Get the complete analysis for STU:IQ3

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

€21.40
Price
€14.39
GF Value