GMO Internet group (FRA:IQ3) Cyclically Adjusted Revenue per Share: €11.58 (As of Dec. 2025)

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FRA:IQ3 GMO Internet group Inc FRA:IQ3
81 GF Score
Price €20.60
GF Value €17.79
Valuation Modestly Overvalued
! 7 Warning Signs
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What is GMO Internet group Cyclically Adjusted Revenue per Share?

GMO Internet group FRA:IQ3 -0.96% 81 Cyclically Adjusted Revenue per Share is €11.58 as of Dec. 2025. GuruFocus rates FRA:IQ3 with a GF Score™ of 81/100 and a GF Value™ of €17.79 (Modestly Overvalued). The stock has 7 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 Internet group's adjusted revenue per share for the three months ended in Dec. 2025 was €3.836. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €11.58 for the trailing ten years ended in Dec. 2025.

During the past 12 months, GMO Internet group's average Cyclically Adjusted Revenue Growth Rate was 10.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.70% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 13.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of GMO Internet group was 14.30% per year. The lowest was 11.70% per year. And the median was 13.85% per year.

As of today (2026-07-27), GMO Internet group's current stock price is €20.60. GMO Internet group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2025 was €11.58. GMO Internet group's Cyclically Adjusted PS Ratio of today is 1.78.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of GMO Internet group was 3.60. The lowest was 1.16. And the median was 1.84.


GMO Internet group  (FRA:IQ3) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Internet group's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=20.60/11.58
=1.78

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of GMO Internet group was 3.60. The lowest was 1.16. And the median was 1.84.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


GMO Internet group Cyclically Adjusted Revenue per Share Related Terms


GMO Internet group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for GMO Internet group's Cyclically Adjusted Revenue per Share 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 group Cyclically Adjusted Revenue per Share Chart

GMO Internet group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.15 10.82 10.93 11.73 11.58

GMO Internet group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share 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 12.24 11.99 11.97 11.58 0.00

FRA:IQ3 vs VZ, TMUS, T: Cyclically Adjusted Revenue per Share Comparison

For the Telecom Services subindustry, GMO Internet group'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 group Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, GMO Internet group's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


FRA:IQ3
81GF Score
GMO Internet group Inc FRA:IQ3
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GMO Internet group Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, GMO Internet group's adjusted Revenue per Share data for the three months ended in Dec. 2025 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=3.836/113.0000*113.0000
=3.836

Current CPI (Dec. 2025) = 113.0000.

GMO Internet group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201603 2.175 97.900 2.510
201606 2.385 98.100 2.747
201609 2.469 98.000 2.847
201612 2.444 98.400 2.807
201703 2.512 98.100 2.894
201706 2.549 98.500 2.924
201709 2.458 98.800 2.811
201712 2.721 99.400 3.093
201803 2.876 99.200 3.276
201806 3.180 99.200 3.622
201809 2.981 99.900 3.372
201812 3.268 99.700 3.704
201903 3.201 99.700 3.628
201906 3.466 99.800 3.924
201909 3.762 100.100 4.247
201912 3.512 100.500 3.949
202003 3.927 100.300 4.424
202006 3.875 99.900 4.383
202009 3.683 99.900 4.166
202012 3.834 99.300 4.363
202103 4.305 99.900 4.870
202106 4.063 99.500 4.614
202109 3.915 100.100 4.420
202112 4.520 100.100 5.102
202203 3.932 101.100 4.395
202206 4.563 101.800 5.065
202209 3.749 103.100 4.109
202212 3.994 104.100 4.335
202303 4.258 104.400 4.609
202306 3.891 105.200 4.179
202309 3.726 106.200 3.965
202312 3.470 106.800 3.671
202403 3.953 107.200 4.167
202406 3.697 108.200 3.861
202409 4.088 108.900 4.242
202412 4.297 110.700 4.386
202503 4.221 111.100 4.293
202506 4.089 111.700 4.137
202509 3.951 112.000 3.986
202512 3.836 113.000 3.836

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

What does a Cyclically Adjusted Revenue per Share of €11.58 mean?
GMO Internet group (FRA:IQ3) has a Cyclically Adjusted Revenue per Share of €11.58 as of Dec. 2025. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on GMO Internet group and its competitors.
Is GMO Internet group's Cyclically Adjusted Revenue per Share too high?
GMO Internet group's current Cyclically Adjusted Revenue per Share is €11.58. Overall, GMO Internet group has a GF Score™ of 81/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GMO Internet group's Cyclically Adjusted Revenue per Share compare to VZ and TMUS?
GMO Internet group's Cyclically Adjusted Revenue per Share of €11.58 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Telecommunication Services company?
A good Cyclically Adjusted Revenue per Share depends on the Telecommunication Services industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on GMO Internet group and its competitors. GMO Internet group's current Cyclically Adjusted Revenue per Share is €11.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMO Internet group stock overvalued right now?
Based on GuruFocus' analysis, GMO Internet group (FRA:IQ3) is currently considered Modestly Overvalued. The stock's GF Value™ is €17.79, compared to a current price of €20.60 — trading 15.8% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €11.58. GMO Internet group's overall GF Score™ is 81/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For GMO Internet group (FRA:IQ3), the current Cyclically Adjusted Revenue per Share is €11.58 as of Dec. 2025. 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 Internet group (FRA:IQ3) Overvalued in 2026?

Based on GuruFocus' analysis, GMO Internet group stock appears to be overvalued. The current stock price of €20.60 is trading 15.8% above its estimated GF Value™ of €17.79. GuruFocus considers GMO Internet group to be Modestly Overvalued.

Key valuation signals for FRA:IQ3:

  • Cyclically Adjusted Revenue per Share: €11.58
  • GF Value™: €17.79 vs. price of €20.60 (15.8% above fair value)
  • GF Score™: 81/100 with 7 warning signs

No single metric tells the full story. See the FRA:IQ3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GMO Internet group Business Description

Address 26-1 Sakuragaokacho, Cerulean Tower 4th-14th floors, Shibuya ku, Tokyo, JPN
GMO Internet group Inc operates through main segment namely, Internet infrastructure business, Internet advertising and media, Internet securities, Internet financial services and Cryptocurrency. Internet infrastructure, the key segment, provides basic Internet services, such as domain hosting and e-commerce payments. Online advertising and media segment provides marketing services for online businesses. The Internet securities division provides consumer financial services, and the Cryptocurrency segment operates business pertaining to mining and exchange of cryptocurrency. The company generates the vast majority of revenue in Japan.
81GF Score

Get the complete analysis for FRA:IQ3

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

€20.60
Price
€17.79
GF Value