GMO internet (TSE:4784) E10: 円13.47 (As of Dec. 2025)

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TSE:4784 GMO internet Inc TSE:4784
53 GF Score
Price 円560.00
GF Value 円159.72
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is GMO internet E10?

GMO internet TSE:4784 +1.63% 53 E10 is 円13.47 as of Dec. 2025. GuruFocus rates TSE:4784 with a GF Score™ of 53/100 and a GF Value™ of 円159.72 (Significantly Overvalued). The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

GMO internet's adjusted earnings per share data for the three months ended in Dec. 2025 was 円5.650. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is 円13.47 for the trailing ten years ended in Dec. 2025.

During the past 12 months, GMO internet's average E10 Growth Rate was 28.30% per year. During the past 3 years, the average E10 Growth Rate was -0.60% per year. During the past 5 years, the average E10 Growth Rate was -1.60% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of GMO internet was 5.20% per year. The lowest was -7.60% per year. And the median was 0.20% per year.

As of today (2026-08-01), GMO internet's current stock price is 円560.00. GMO internet's E10 for the quarter that ended in Dec. 2025 was 円13.47. GMO internet's Shiller PE Ratio of today is 41.57.

During the past 13 years, the highest Shiller PE Ratio of GMO internet was 297.47. The lowest was 21.63. And the median was 34.23.


GMO internet  (TSE:4784) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

GMO internet's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=560.00/13.47
=41.57

* 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.

During the past 13 years, the highest Shiller P/E Ratio of GMO internet was 297.47. The lowest was 21.63. And the median was 34.23.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


GMO internet E10 Related Terms


GMO internet E10 Historical Data

* Premium members only.

The historical data trend for GMO internet's E10 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 E10 Chart

GMO internet Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.33 13.72 12.96 10.50 13.47

GMO internet Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 10.69 11.46 12.40 13.47 0.00

TSE:4784 vs MSFT, ORCL, PLTR: E10 Comparison

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

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

* The bar in red indicates where GMO internet's Shiller PE Ratio falls into.


TSE:4784
53GF Score
GMO internet Inc TSE:4784
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GMO internet E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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's adjusted earnings per share data for the three months ended in Dec. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2025 (Change)*Current CPI (Dec. 2025)
=5.65/113.0000*113.0000
=5.650

Current CPI (Dec. 2025) = 113.0000.

GMO internet Quarterly Data

per share eps CPI Adj_EPS
201603 3.570 97.900 4.121
201606 -0.980 98.100 -1.129
201609 -0.880 98.000 -1.015
201612 -3.020 98.400 -3.468
201703 6.440 98.100 7.418
201706 -15.164 98.500 -17.396
201709 2.500 98.800 2.859
201712 16.061 99.400 18.258
201803 7.270 99.200 8.281
201806 2.270 99.200 2.586
201809 1.220 99.900 1.380
201812 3.570 99.700 4.046
201903 5.840 99.700 6.619
201906 6.370 99.800 7.213
201909 0.010 100.100 0.011
201912 2.680 100.500 3.013
202003 16.240 100.300 18.296
202006 3.550 99.900 4.016
202009 4.940 99.900 5.588
202012 -8.510 99.300 -9.684
202103 10.330 99.900 11.685
202106 5.880 99.500 6.678
202109 1.260 100.100 1.422
202112 3.030 100.100 3.420
202203 12.480 101.100 13.949
202206 6.150 101.800 6.827
202209 7.560 103.100 8.286
202212 -1.340 104.100 -1.455
202303 7.060 104.400 7.642
202306 -0.460 105.200 -0.494
202309 -3.700 106.200 -3.937
202312 -0.410 106.800 -0.434
202403 3.840 107.200 4.048
202406 -9.150 108.200 -9.556
202409 2.320 108.900 2.407
202412 2.690 110.700 2.746
202503 4.610 111.100 4.689
202506 4.160 111.700 4.208
202509 5.840 112.000 5.892
202512 5.650 113.000 5.650

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of 円13.47 mean?
GMO internet (TSE:4784) has a E10 of 円13.47 as of Dec. 2025. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on GMO internet and its competitors.
Is GMO internet's E10 too high?
GMO internet's current E10 is 円13.47. Overall, GMO internet has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does GMO internet's E10 compare to MSFT and ORCL?
GMO internet's E10 of 円13.47 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Software company?
A good E10 depends on the Software industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on GMO internet and its competitors. GMO internet's current E10 is 円13.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GMO internet stock overvalued right now?
Based on GuruFocus' analysis, GMO internet (TSE:4784) is currently considered Significantly Overvalued. The stock's GF Value™ is 円159.72, compared to a current price of 円560.00 — trading 250.6% above its estimated fair value. The current E10 is 円13.47. GMO internet's overall GF Score™ is 53/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For GMO internet (TSE:4784), the current E10 is 円13.47 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 (TSE:4784) Overvalued in 2026?

Based on GuruFocus' analysis, GMO internet stock appears to be overvalued. The current stock price of 円560.00 is trading 250.6% above its estimated GF Value™ of 円159.72. GuruFocus considers GMO internet to be Significantly Overvalued.

Key valuation signals for TSE:4784:

  • E10: 円13.47
  • GF Value™: 円159.72 vs. price of 円560.00 (250.6% above fair value)
  • GF Score™: 53/100 with 2 warning signs

No single metric tells the full story. See the TSE:4784 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


GMO internet Business Description

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.
53GF Score

Get the complete analysis for TSE:4784

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

円560.00
Price
円159.72
GF Value