GMO internet (FRA:X1M) Cyclically Adjusted PS Ratio: (As of Aug. 28, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:X1M GMO internet Inc FRA:X1M
62 GF Score
Price €2.88
GF Value €1.72
! 2 Warning Signs
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What is GMO internet Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


GMO internet  (FRA:X1M) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


GMO internet Cyclically Adjusted PS Ratio Related Terms


GMO internet Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for GMO internet's Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio Chart

GMO internet Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.24 0.18 0.65 0.54

GMO internet Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 1.04 0.58 0.54 0.41 0.00

FRA:X1M vs MSFT, ORCL, PLTR: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, GMO internet's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, GMO internet's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where GMO internet's Cyclically Adjusted PS Ratio falls into.


FRA:X1M
62GF Score
GMO internet Inc FRA:X1M
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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GMO internet Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

GMO internet's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, GMO internet's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0/113.6000*113.6000
=0.000

Current CPI (Jun. 2026) = 113.6000.

GMO internet Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 4.107 98.000 4.761
201612 3.919 98.400 4.524
201703 4.273 98.100 4.948
201706 3.930 98.500 4.532
201709 3.540 98.800 4.070
201712 3.482 99.400 3.979
201803 4.177 99.200 4.783
201806 3.666 99.200 4.198
201809 3.909 99.900 4.445
201812 4.230 99.700 4.820
201903 4.357 99.700 4.964
201906 4.355 99.800 4.957
201909 4.348 100.100 4.934
201912 4.488 100.500 5.073
202003 4.782 100.300 5.416
202006 4.115 99.900 4.679
202009 4.237 99.900 4.818
202012 4.383 99.300 5.014
202103 4.650 99.900 5.288
202106 3.897 99.500 4.449
202109 3.717 100.100 4.218
202112 4.325 100.100 4.908
202203 1.935 101.100 2.174
202206 1.971 101.800 2.199
202209 1.862 103.100 2.052
202212 1.735 104.100 1.893
202303 1.850 104.400 2.013
202306 1.570 105.200 1.695
202309 1.360 106.200 1.455
202312 1.303 106.800 1.386
202403 1.316 107.200 1.395
202406 1.125 108.200 1.181
202409 1.206 108.900 1.258
202412 1.300 110.700 1.334
202503 0.432 111.100 0.442
202506 0.424 111.700 0.431
202509 0.417 112.000 0.423
202512 0.403 113.000 0.405
202603 0.405 112.700 0.408
202606 0.000 113.600 0.000

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

Is GMO internet (FRA:X1M) Overvalued in 2026?

Based on GuruFocus' analysis, GMO internet stock appears to be overvalued. The current stock price of €2.88 is trading 67.4% above its estimated GF Value™ of €1.72.

Key valuation signals for FRA:X1M:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €1.72 vs. price of €2.88 (67.4% above fair value)
  • GF Score™: 62/100 with 2 warning signs

No single metric tells the full story. See the FRA:X1M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GMO internet Business Description

Other Exchanges 4784:Japan
Address 26-1 Sakuragaoka-cho, Cerulean Tower, 11th floor, General reception, Shibuya-ku, Tokyo, JPN, 150-8512
GMO internet Inc Internet infrastructure business and Internet advertising and media business that includes Domain business, Cloud hosting business, Access (provider) business Media/AdTech Business, Data Technology Business, Agency Business, and Solutions businesses.
62GF Score

Get the complete analysis for FRA:X1M

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

€2.88
Price
€1.72
GF Value