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GMO Payment Gateway (TSE:3769) Cyclically Adjusted PB Ratio : 14.46 (As of Jun. 13, 2024)


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What is GMO Payment Gateway Cyclically Adjusted PB Ratio?

As of today (2024-06-13), GMO Payment Gateway's current share price is 円7553.00. GMO Payment Gateway's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was 円522.42. GMO Payment Gateway's Cyclically Adjusted PB Ratio for today is 14.46.

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

TSE:3769' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 12.98   Med: 44.02   Max: 77.9
Current: 14.21

During the past years, GMO Payment Gateway's highest Cyclically Adjusted PB Ratio was 77.90. The lowest was 12.98. And the median was 44.02.

TSE:3769's Cyclically Adjusted PB Ratio is ranked worse than
92.06% of 1424 companies
in the Software industry
Industry Median: 2.5 vs TSE:3769: 14.21

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 円1,246.871. 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522.42 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
=7553.00/522.42
=14.46

* 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)
=1246.871/107.2000*107.2000
=1,246.871

Current CPI (Mar. 2024) = 107.2000.

GMO Payment Gateway Quarterly Data

Book Value per Share CPI Adj_Book
201406 92.306 98.000 100.971
201409 98.628 98.500 107.339
201412 98.584 97.900 107.949
201503 105.124 97.900 115.110
201506 213.045 98.400 232.098
201509 217.919 98.500 237.167
201512 217.208 98.100 237.357
201603 223.838 97.900 245.101
201606 229.923 98.100 251.251
201609 241.713 98.000 264.404
201612 241.411 98.400 263.001
201703 252.039 98.100 275.419
201706 255.016 98.500 277.540
201709 264.825 98.800 287.340
201712 261.213 99.400 281.711
201803 276.908 99.200 299.239
201806 323.020 99.200 349.070
201809 336.646 99.900 361.246
201812 299.022 99.700 321.516
201903 326.977 99.700 351.574
201906 345.693 99.800 371.326
201909 360.169 100.100 385.715
201912 349.849 100.500 373.172
202003 372.866 100.300 398.517
202006 403.786 99.900 433.292
202009 431.251 99.900 462.764
202012 406.788 99.300 439.151
202103 560.173 99.900 601.107
202106 710.223 99.500 765.185
202109 736.340 100.100 788.568
202112 711.618 100.100 762.092
202203 838.662 101.100 889.264
202206 1,092.288 101.800 1,150.229
202209 1,148.733 103.100 1,194.415
202212 996.997 104.100 1,026.687
202303 1,053.969 104.400 1,082.236
202306 1,160.635 105.200 1,182.700
202309 1,216.657 106.200 1,228.113
202312 1,144.715 106.800 1,149.002
202403 1,246.871 107.200 1,246.871

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  (TSE:3769) 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 (TSE:3769) 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.

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