GMO Payment Gateway (TSE:3769) Cyclically Adjusted PS Ratio: 15.14 (As of Jul. 31, 2026) — 59% Below Median

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TSE:3769 GMO Payment Gateway Inc TSE:3769
96 GF Score
Price 円10,100.00
GF Value 円10,751.47
Valuation Fairly Valued
! 4 Warning Signs
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What is GMO Payment Gateway Cyclically Adjusted PS Ratio?

GMO Payment Gateway TSE:3769 -1.61% 96 Cyclically Adjusted PS Ratio is 15.14 as of Jul. 31, 2026, which is 59% below its 10-year median of 37.09. GuruFocus rates TSE:3769 with a GF Score™ of 96/100 and a GF Value™ of 円10,751.47 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,590 Software companies, GMO Payment Gateway ranks worse than 94.91% on this metric.

As of today (2026-07-31), GMO Payment Gateway's current share price is 円10100.00. GMO Payment Gateway's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was 円666.96. GMO Payment Gateway's Cyclically Adjusted PS Ratio for today is 15.14.

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

TSE:3769' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 10.91   Med: 37.09   Max: 72.93
Current: 14.07

During the past years, GMO Payment Gateway's highest Cyclically Adjusted PS Ratio was 72.93. The lowest was 10.91. And the median was 37.09.

TSE:3769's Cyclically Adjusted PS Ratio is ranked worse than
94.91% of 1590 companies
in the Software industry
Industry Median: 1.63 vs TSE:3769: 14.07

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

GMO Payment Gateway's adjusted revenue per share data for the three months ended in Mar. 2026 was 円306.263. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is 円666.96 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


GMO Payment Gateway  (TSE:3769) 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 Payment Gateway Cyclically Adjusted PS Ratio Related Terms


GMO Payment Gateway Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for GMO Payment Gateway'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 Payment Gateway Cyclically Adjusted PS Ratio Chart

GMO Payment Gateway Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 54.85 30.61 20.01 17.45 13.55

GMO Payment Gateway Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 14.13 15.93 13.55 15.18 12.30

TSE:3769 vs MSFT, ORCL, PLTR: Cyclically Adjusted PS Ratio Comparison

For the Software - Infrastructure subindustry, GMO Payment Gateway'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 Payment Gateway Cyclically Adjusted PS Ratio vs Software Industry

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

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


TSE:3769
96GF Score
GMO Payment Gateway Inc TSE:3769
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GMO Payment Gateway 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 Payment Gateway's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=10100.00/666.96
=15.14

* 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 Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=306.263/112.7000*112.7000
=306.263

Current CPI (Mar. 2026) = 112.7000.

GMO Payment Gateway Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 41.585 98.100 47.774
201609 44.332 98.000 50.982
201612 64.966 98.400 74.407
201703 70.018 98.100 80.439
201706 71.793 98.500 82.143
201709 76.609 98.800 87.387
201712 82.090 99.400 93.074
201803 87.664 99.200 99.594
201806 88.949 99.200 101.054
201809 96.043 99.900 108.349
201812 108.778 99.700 122.962
201903 102.475 99.700 115.837
201906 87.868 99.800 99.226
201909 89.878 100.100 101.191
201912 100.281 100.500 112.454
202003 104.060 100.300 116.925
202006 113.713 99.900 128.283
202009 117.718 99.900 132.801
202012 128.774 99.300 146.151
202103 133.170 99.900 150.233
202106 140.264 99.500 158.872
202109 144.679 100.100 162.890
202112 154.125 100.100 173.525
202203 158.598 101.100 176.795
202206 167.787 101.800 185.752
202209 172.376 103.100 188.427
202212 192.517 104.100 208.421
202303 203.277 104.400 219.438
202306 215.800 105.200 231.185
202309 210.364 106.200 223.239
202312 231.149 106.800 243.918
202403 237.994 107.200 250.205
202406 235.892 108.200 245.703
202409 255.364 108.900 264.275
202412 264.637 110.700 269.418
202503 265.888 111.100 269.717
202506 263.857 111.700 266.219
202509 280.097 112.000 281.848
202512 293.050 113.000 292.272
202603 306.263 112.700 306.263

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.

What does a Cyclically Adjusted PS Ratio of 15.14 mean?
GMO Payment Gateway (TSE:3769) has a Cyclically Adjusted PS Ratio of 15.14 as of Jul. 31, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on GMO Payment Gateway and its competitors. This is 59% below median its historical median of 37.09. Over the past decade, GMO Payment Gateway's Cyclically Adjusted PS Ratio has ranged from 10.91 to 72.93. According to the industry distribution chart, GMO Payment Gateway ranks #1509 out of 1590 companies in the Software industry, placing it in the top 94.9%.
Is GMO Payment Gateway's Cyclically Adjusted PS Ratio too high?
GMO Payment Gateway's current Cyclically Adjusted PS Ratio of 15.14 is 59% below median its 10-year median of 37.09. Over the past 10 years, this metric has ranged from a low of 10.91 to a high of 72.93. The Software industry median Cyclically Adjusted PS Ratio is 1.63. GMO Payment Gateway's value of 15.14 is 828.8% above this industry median. Based on the distribution chart, GMO Payment Gateway ranks #1509 out of 1590 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, GMO Payment Gateway has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does GMO Payment Gateway's Cyclically Adjusted PS Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, GMO Payment Gateway ranks #1509 out of 1590 companies for Cyclically Adjusted PS Ratio. This places GMO Payment Gateway in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.63. GMO Payment Gateway's value of 15.14 is 828.8% above this benchmark. Historically, GMO Payment Gateway's own Cyclically Adjusted PS Ratio has ranged from 10.91 to 72.93 over the past decade. While the company's 10-year median is 37.09 vs. the industry median of 1.63, GMO Payment Gateway 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 PS Ratio for a Software company?
The median Cyclically Adjusted PS Ratio among Software companies is 1.63, based on 1,590 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GMO Payment Gateway's current Cyclically Adjusted PS Ratio of 15.14 is 828.8% 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 PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on GMO Payment Gateway and its competitors. For the Software industry, the median Cyclically Adjusted PS Ratio is 1.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GMO Payment Gateway's current Cyclically Adjusted PS Ratio is 15.14, which is 59% below median its own 10-year median of 37.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMO Payment Gateway stock overvalued right now?
Based on GuruFocus' analysis, GMO Payment Gateway (TSE:3769) is currently considered Fairly Valued. The stock's GF Value™ is 円10,751.47, compared to a current price of 円10,100.00 — trading 6.1% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 15.14, which is 59% below median its 10-year median of 37.09 and 828.8% above the Software industry median of 1.63. GMO Payment Gateway's overall GF Score™ is 96/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For GMO Payment Gateway (TSE:3769), the current Cyclically Adjusted PS Ratio is 15.14 as of Jul. 31, 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 Payment Gateway (TSE:3769) Overvalued in 2026?

Based on GuruFocus' analysis, GMO Payment Gateway stock appears to be undervalued. The current stock price of 円10,100.00 is trading 6.1% below its estimated GF Value™ of 円10,751.47. GuruFocus considers GMO Payment Gateway to be Fairly Valued.

Key valuation signals for TSE:3769:

  • Cyclically Adjusted PS Ratio: 15.14 (59% below median its 10-year median of 37.09)
  • GF Value™: 円10,751.47 vs. price of 円10,100.00 (6.1% below fair value)
  • GF Score™: 96/100 with 4 warning signs
  • Industry Position: 828.8% above the Software median (#1509 of 1590)

No single metric tells the full story. See the TSE:3769 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GMO Payment Gateway Business Description

Other Exchanges 3RH:Germany
Address 1-2-3 Dogenzaka, Shibuya-ku, Tokyo, JPN, 150-0043
GMO Payment Gateway is a major Japanese provider of cashless and online payment infrastructure, serving many sectors including digital content and telecommunications, utilities, retail and hospitality, financial services, healthcare, and education. It serves a wide array of clients, from government agencies and municipalities to enterprises and merchants, across online and offline channels, including e-commerce platforms, physical stores, and unattended machines. Its services encompass payment processing, settlement solutions, and ancillary offerings such as early or deferred settlement services, transaction lending, buy now, pay later, online advertising, and internet security. GMO is expanding into adjacent financial technology operations, and gradually across Asia and North America.
96GF Score

Get the complete analysis for TSE:3769

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

円10,100.00
Price
円10,751.47
GF Value