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GMO Research & AI (TSE:3695) Cyclically Adjusted PB Ratio : 2.45 (As of Jan. 18, 2025)


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What is GMO Research & AI Cyclically Adjusted PB Ratio?

As of today (2025-01-18), GMO Research & AI's current share price is 円2279.00. GMO Research & AI's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was 円929.09. GMO Research & AI's Cyclically Adjusted PB Ratio for today is 2.45.

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

TSE:3695' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.47   Med: 3.01   Max: 3.14
Current: 2.51

During the past years, GMO Research & AI's highest Cyclically Adjusted PB Ratio was 3.14. The lowest was 2.47. And the median was 3.01.

TSE:3695's Cyclically Adjusted PB Ratio is ranked better than
53% of 1349 companies
in the Software industry
Industry Median: 2.71 vs TSE:3695: 2.51

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 Research & AI's adjusted book value per share data for the three months ended in Jun. 2024 was 円1,218.414. 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929.09 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GMO Research & AI Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GMO Research & AI'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 Research & AI Cyclically Adjusted PB Ratio Chart

GMO Research & AI 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 - - - - 3.15

GMO Research & AI Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - 3.15 3.06 3.07

Competitive Comparison of GMO Research & AI's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, GMO Research & AI'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 Research & AI's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, GMO Research & AI's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where GMO Research & AI's Cyclically Adjusted PB Ratio falls into.



GMO Research & AI 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 Research & AI's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2279.00/929.09
=2.45

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

For example, GMO Research & AI's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1218.414/108.2000*108.2000
=1,218.414

Current CPI (Jun. 2024) = 108.2000.

GMO Research & AI Quarterly Data

Book Value per Share CPI Adj_Book
201409 370.887 98.500 407.411
201412 670.797 97.900 741.371
201503 651.319 97.900 719.844
201506 650.945 98.400 715.775
201509 659.169 98.500 724.082
201512 675.082 98.100 744.586
201603 679.455 97.900 750.940
201606 681.330 98.100 751.477
201609 704.261 98.000 777.562
201612 694.562 98.400 763.736
201703 723.567 98.100 798.063
201706 747.137 98.500 820.713
201709 780.533 98.800 854.794
201712 792.484 99.400 862.644
201803 746.813 99.200 814.568
201806 753.848 99.200 822.241
201809 772.364 99.900 836.534
201812 819.528 99.700 889.397
201903 789.808 99.700 857.144
201906 774.828 99.800 840.044
201909 790.258 100.100 854.205
201912 845.342 100.500 910.109
202003 823.048 100.300 887.874
202006 812.702 99.900 880.224
202009 837.816 99.900 907.424
202012 909.530 99.300 991.049
202103 923.005 99.900 999.691
202106 936.437 99.500 1,018.316
202109 964.012 100.100 1,042.019
202112 1,027.526 100.100 1,110.672
202203 1,053.610 101.100 1,127.602
202206 1,107.129 101.800 1,176.732
202209 1,161.142 103.100 1,218.580
202212 1,169.235 104.100 1,215.286
202303 1,142.964 104.400 1,184.566
202306 1,165.465 105.200 1,198.701
202309 1,215.927 106.200 1,238.826
202312 1,252.989 106.800 1,269.414
202403 1,209.793 107.200 1,221.078
202406 1,218.414 108.200 1,218.414

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 Research & AI  (TSE:3695) 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 Research & AI Cyclically Adjusted PB Ratio Related Terms

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


GMO Research & AI Business Description

Industry
Traded in Other Exchanges
N/A
Address
Celluen Tower No. 26, No. 1 Sakuragaoka Town, Shibuya-ku, Tokyo, JPN, 150-8512
GMO Research & AI Inc offers an online research solution platform that allows access to multi-panel and multi-country online panel network - Asia Cloud Panel. Geographically the group is expanding its business in Asia and globally, Asia Cloud Panel consists of over 20 million online consumer panelists across 16 APAC countries.

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