GMO Globalsign Holdings KK (TSE:3788) Cyclically Adjusted PB Ratio: 3.57 (As of Aug. 15, 2026) — 47% Below Median

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Director of Data and Quant Analytics at GuruFocus
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TSE:3788 GMO Globalsign Holdings KK TSE:3788
90 GF Score
Price 円2,335.00
GF Value 円3,354.66
Valuation Significantly Undervalued
! 2 Warning Signs
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What is GMO Globalsign Holdings KK Cyclically Adjusted PB Ratio?

GMO Globalsign Holdings KK TSE:3788 -0.38% 90 Cyclically Adjusted PB Ratio is 3.57 as of Aug. 15, 2026, which is 47% below its 10-year median of 6.78. GuruFocus rates TSE:3788 with a GF Score™ of 90/100 and a GF Value™ of 円3,354.66 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,552 Software companies, GMO Globalsign Holdings KK ranks worse than 63.79% on this metric.

As of today (2026-08-15), GMO Globalsign Holdings KK's current share price is 円2335.00. GMO Globalsign Holdings KK's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 was 円654.49. GMO Globalsign Holdings KK's Cyclically Adjusted PB Ratio for today is 3.57.

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

TSE:3788' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.86   Med: 6.78   Max: 29.03
Current: 3.52

During the past years, GMO Globalsign Holdings KK's highest Cyclically Adjusted PB Ratio was 29.03. The lowest was 2.86. And the median was 6.78.

TSE:3788's Cyclically Adjusted PB Ratio is ranked worse than
63.79% of 1552 companies
in the Software industry
Industry Median: 2.315 vs TSE:3788: 3.52

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 Globalsign Holdings KK's adjusted book value per share data for the three months ended in Dec. 2025 was 円899.502. 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654.49 for the trailing ten years ended in Dec. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


GMO Globalsign Holdings KK  (TSE:3788) 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 Globalsign Holdings KK Cyclically Adjusted PB Ratio Related Terms


GMO Globalsign Holdings KK Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for GMO Globalsign Holdings KK'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 Globalsign Holdings KK Cyclically Adjusted PB Ratio Chart

GMO Globalsign Holdings KK 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 8.79 7.84 4.83 3.87 3.60

GMO Globalsign Holdings KK Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 3.60 3.29 3.37 3.60 0.00

TSE:3788 vs IBM, ACN, FISV: Cyclically Adjusted PB Ratio Comparison

For the Information Technology Services subindustry, GMO Globalsign Holdings KK'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 Globalsign Holdings KK Cyclically Adjusted PB Ratio vs Software Industry

For the Software industry and Technology sector, GMO Globalsign Holdings KK's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where GMO Globalsign Holdings KK's Cyclically Adjusted PB Ratio falls into.


TSE:3788
90GF Score
GMO Globalsign Holdings KK TSE:3788
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GMO Globalsign Holdings KK 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 Globalsign Holdings KK's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2335.00/654.49
=3.57

* 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 Globalsign Holdings KK's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2025 is calculated as:

For example, GMO Globalsign Holdings KK's adjusted Book Value per Share data for the three months ended in Dec. 2025 was:

Adj_Book=Book Value per Share/CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=899.502/113.0000*113.0000
=899.502

Current CPI (Dec. 2025) = 113.0000.

GMO Globalsign Holdings KK Quarterly Data

Book Value per Share CPI Adj_Book
201512 453.602 98.100 522.498
201603 437.750 97.900 505.268
201606 426.544 98.100 491.330
201609 381.539 98.000 439.938
201612 410.187 98.400 471.048
201703 402.055 98.100 463.121
201706 419.377 98.500 481.113
201709 439.393 98.800 502.545
201712 453.124 99.400 515.121
201803 435.031 99.200 495.549
201806 461.418 99.200 525.607
201809 500.998 99.900 566.694
201812 503.914 99.700 571.136
201903 492.346 99.700 558.025
201906 511.965 99.800 579.680
201909 534.593 100.100 603.487
201912 556.324 100.500 625.519
202003 523.321 100.300 589.584
202006 556.242 99.900 629.183
202009 577.244 99.900 652.939
202012 607.330 99.300 691.121
202103 597.772 99.900 676.159
202106 606.412 99.500 688.689
202109 613.403 100.100 692.453
202112 619.273 100.100 699.079
202203 635.381 101.100 710.169
202206 687.386 101.800 763.012
202209 701.918 103.100 769.318
202212 688.830 104.100 747.721
202303 682.415 104.400 738.629
202306 724.332 105.200 778.037
202309 746.994 106.200 794.824
202312 749.923 106.800 793.458
202403 765.376 107.200 806.786
202406 808.955 108.200 844.842
202412 823.943 110.700 841.062
202503 775.949 111.100 789.219
202506 805.475 111.700 814.849
202509 843.580 112.000 851.112
202512 899.502 113.000 899.502

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 3.57 mean?
GMO Globalsign Holdings KK (TSE:3788) has a Cyclically Adjusted PB Ratio of 3.57 as of Aug. 15, 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 Globalsign Holdings KK and its competitors. This is 47% below median its historical median of 6.78. Over the past decade, GMO Globalsign Holdings KK's Cyclically Adjusted PB Ratio has ranged from 2.86 to 29.03. According to the industry distribution chart, GMO Globalsign Holdings KK ranks #990 out of 1552 companies in the Software industry, placing it in the top 63.8%.
Is GMO Globalsign Holdings KK's Cyclically Adjusted PB Ratio too high?
GMO Globalsign Holdings KK's current Cyclically Adjusted PB Ratio of 3.57 is 47% below median its 10-year median of 6.78. Over the past 10 years, this metric has ranged from a low of 2.86 to a high of 29.03. The Software industry median Cyclically Adjusted PB Ratio is 2.32. GMO Globalsign Holdings KK's value of 3.57 is 54.2% above this industry median. Based on the distribution chart, GMO Globalsign Holdings KK ranks #990 out of 1552 companies in the Software industry, which is below the industry midpoint. Overall, GMO Globalsign Holdings KK has a GF Score™ of 90/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GMO Globalsign Holdings KK's Cyclically Adjusted PB Ratio compare to IBM and ACN?
According to the Software industry distribution chart, GMO Globalsign Holdings KK ranks #990 out of 1552 companies for Cyclically Adjusted PB Ratio. This places GMO Globalsign Holdings KK in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 2.32. GMO Globalsign Holdings KK's value of 3.57 is 54.2% above this benchmark. Historically, GMO Globalsign Holdings KK's own Cyclically Adjusted PB Ratio has ranged from 2.86 to 29.03 over the past decade. While the company's 10-year median is 6.78 vs. the industry median of 2.32, GMO Globalsign Holdings KK 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 Software company?
The median Cyclically Adjusted PB Ratio among Software companies is 2.32, based on 1,552 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 Globalsign Holdings KK's current Cyclically Adjusted PB Ratio of 3.57 is 54.2% 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 Globalsign Holdings KK and its competitors. For the Software industry, the median Cyclically Adjusted PB Ratio is 2.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GMO Globalsign Holdings KK's current Cyclically Adjusted PB Ratio is 3.57, which is 47% below median its own 10-year median of 6.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMO Globalsign Holdings KK stock overvalued right now?
Based on GuruFocus' analysis, GMO Globalsign Holdings KK (TSE:3788) is currently considered Significantly Undervalued. The stock's GF Value™ is 円3,354.66, compared to a current price of 円2,335.00 — trading 30.4% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.57, which is 47% below median its 10-year median of 6.78 and 54.2% above the Software industry median of 2.32. GMO Globalsign Holdings KK's overall GF Score™ is 90/100 with 2 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 Globalsign Holdings KK (TSE:3788), the current Cyclically Adjusted PB Ratio is 3.57 as of Aug. 15, 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 Globalsign Holdings KK (TSE:3788) Overvalued in 2026?

Based on GuruFocus' analysis, GMO Globalsign Holdings KK stock appears to be undervalued. The current stock price of 円2,335.00 is trading 30.4% below its estimated GF Value™ of 円3,354.66. GuruFocus considers GMO Globalsign Holdings KK to be Significantly Undervalued.

Key valuation signals for TSE:3788:

  • Cyclically Adjusted PB Ratio: 3.57 (47% below median its 10-year median of 6.78)
  • GF Value™: 円3,354.66 vs. price of 円2,335.00 (30.4% below fair value)
  • GF Score™: 90/100 with 2 warning signs
  • Industry Position: 54.2% above the Software median (#990 of 1552)

No single metric tells the full story. See the TSE:3788 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GMO Globalsign Holdings KK Business Description

Address 26-1, Sakuragaoka-cho, 10th Floor Cerulean Tower, Shibuya-ku, Tokyo, JPN, 150-8512
GMO Globalsign Holdings KK is engaged in the development and operation of various internet solutions centred on cloud and hosting services and security services. It is organized into four business areas - IoT business, Cloud/Hosting business, Security/ID Management business, and Solutions business. The company offers a wide range of hosting services from rental server to cloud, direct sales and sales through distributors. In the ID management business, the company provides a cloud type ID service that realizes user ID management, access control, and single sign-on.
90GF Score

Get the complete analysis for TSE:3788

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

円2,335.00
Price
円3,354.66
GF Value