GMO internet (TSE:4784) PB Ratio: 11.06 (As of Aug. 01, 2026) — 637% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

TSE:4784 GMO internet Inc TSE:4784
53 GF Score
Price 円560.00
GF Value 円159.70
Valuation Significantly Overvalued
! 2 Warning Signs
View Full Analysis

What is GMO internet PB Ratio?

GMO internet TSE:4784 +1.63% 53 PB Ratio is 11.06 as of Aug. 01, 2026, which is 637% above its 10-year median of 1.50. GuruFocus rates TSE:4784 with a GF Score™ of 53/100 and a GF Value™ of 円159.70 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,635 Software companies, GMO internet ranks worse than 91.42% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-08-01), GMO internet's share price is 円560.00. GMO internet's Book Value per Share for the quarter that ended in Dec. 2025 was 円50.62. Hence, GMO internet's PB Ratio of today is 11.06.

Good Sign:

GMO internet Inc stock PB Ratio (=9.82) is close to 1-year low of 8.96.

The historical rank and industry rank for GMO internet's PB Ratio or its related term are showing as below:

TSE:4784' s PB Ratio Range Over the Past 10 Years
Min: 0.87   Med: 1.5   Max: 66.33
Current: 11.06

During the past 13 years, GMO internet's highest PB Ratio was 66.33. The lowest was 0.87. And the median was 1.50.

TSE:4784's PB Ratio is ranked worse than
91.42% of 2635 companies
in the Software industry
Industry Median: 2.41 vs TSE:4784: 11.06

During the past 12 months, GMO internet's average Book Value Per Share Growth Rate was -84.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -46.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -23.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -6.50% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of GMO internet was 5.80% per year. The lowest was -46.80% per year. And the median was 2.80% per year.

Back to Basics: PB Ratio


GMO internet  (TSE:4784) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


GMO internet PB Ratio Related Terms


GMO internet PB Ratio Historical Data

* Premium members only.

The historical data trend for GMO internet's 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 internet PB Ratio Chart

GMO internet Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.26 1.34 1.06 3.72 18.50

GMO internet Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 24.32 38.51 20.19 18.50 13.63

TSE:4784 vs MSFT, ORCL, PLTR: PB Ratio Comparison

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

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

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


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

GMO internet PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

GMO internet's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2025)
=560.00/50.619
=11.06

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 11.06 mean?
GMO internet (TSE:4784) has a PB Ratio of 11.06 as of Aug. 01, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on GMO internet and its competitors. This is 637% above median its historical median of 1.50. Over the past decade, GMO internet's PB Ratio has ranged from 0.87 to 66.33. According to the industry distribution chart, GMO internet ranks #2409 out of 2635 companies in the Software industry, placing it in the top 91.4%.
Is GMO internet's PB Ratio too high?
GMO internet's current PB Ratio of 11.06 is 637% above median its 10-year median of 1.50. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 66.33. The Software industry median PB Ratio is 2.41. GMO internet's value of 11.06 is 358.9% above this industry median. Based on the distribution chart, GMO internet ranks #2409 out of 2635 companies in the Software industry, which is in the bottom quartile relative to peers. 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 PB Ratio compare to MSFT and ORCL?
According to the Software industry distribution chart, GMO internet ranks #2409 out of 2635 companies for PB Ratio. This places GMO internet in the lower half of its industry. The industry median PB Ratio is 2.41. GMO internet's value of 11.06 is 358.9% above this benchmark. Historically, GMO internet's own PB Ratio has ranged from 0.87 to 66.33 over the past decade. While the company's 10-year median is 1.50 vs. the industry median of 2.41, GMO internet 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 PB Ratio for a Software company?
The median PB Ratio among Software companies is 2.41, based on 2,635 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. GMO internet's current PB Ratio of 11.06 is 358.9% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on GMO internet and its competitors. For the Software industry, the median PB Ratio is 2.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GMO internet's current PB Ratio is 11.06, which is 637% above median its own 10-year median of 1.50. 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159.70, compared to a current price of 円560.00 — trading 250.7% above its estimated fair value. The current PB Ratio is 11.06, which is 637% above median its 10-year median of 1.50 and 358.9% above the Software industry median of 2.41. 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 PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For GMO internet (TSE:4784), the current PB Ratio is 11.06 as of Aug. 01, 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 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 250.7% above its estimated GF Value™ of 円159.70. GuruFocus considers GMO internet to be Significantly Overvalued.

Key valuation signals for TSE:4784:

  • PB Ratio: 11.06 (637% above median its 10-year median of 1.50)
  • GF Value™: 円159.70 vs. price of 円560.00 (250.7% above fair value)
  • GF Score™: 53/100 with 2 warning signs
  • Industry Position: 358.9% above the Software median (#2409 of 2635)

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

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

円560.00
Price
円159.70
GF Value