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GMO Internet group (TSE:9449) Cyclically Adjusted PS Ratio : 1.38 (As of Jun. 02, 2024)


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What is GMO Internet group Cyclically Adjusted PS Ratio?

As of today (2024-06-02), GMO Internet group's current share price is 円2476.00. GMO Internet group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was 円1,793.09. GMO Internet group's Cyclically Adjusted PS Ratio for today is 1.38.

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

TSE:9449' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.28   Med: 1.95   Max: 3.6
Current: 1.38

During the past years, GMO Internet group's highest Cyclically Adjusted PS Ratio was 3.60. The lowest was 1.28. And the median was 1.95.

TSE:9449's Cyclically Adjusted PS Ratio is ranked worse than
55.81% of 301 companies
in the Telecommunication Services industry
Industry Median: 1.03 vs TSE:9449: 1.38

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 adjusted revenue per share data for the three months ended in Mar. 2024 was 円643.693. 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1,793.09 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GMO Internet group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for GMO Internet group'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.

* Premium members only.

GMO Internet group Cyclically Adjusted PS Ratio Chart

GMO Internet group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.00 2.54 2.03 1.59 1.47

GMO Internet group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.61 1.67 1.36 1.47 1.54

Competitive Comparison of GMO Internet group's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.



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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2476.00/1793.09
=1.38

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, GMO Internet group's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=643.693/107.2000*107.2000
=643.693

Current CPI (Mar. 2024) = 107.2000.

GMO Internet group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 215.154 98.000 235.352
201409 230.292 98.500 250.633
201412 250.066 97.900 273.821
201503 268.259 97.900 293.742
201506 263.045 98.400 286.569
201509 262.529 98.500 285.717
201512 267.233 98.100 292.022
201603 273.477 97.900 299.456
201606 282.356 98.100 308.548
201609 282.000 98.000 308.473
201612 299.076 98.400 325.823
201703 303.413 98.100 331.558
201706 317.631 98.500 345.686
201709 324.594 98.800 352.191
201712 363.647 99.400 392.183
201803 376.109 99.200 406.440
201806 408.866 99.200 441.839
201809 389.920 99.900 418.413
201812 417.167 99.700 448.549
201903 401.947 99.700 432.184
201906 423.280 99.800 454.665
201909 445.519 100.100 477.119
201912 425.725 100.500 454.107
202003 467.248 100.300 499.392
202006 469.392 99.900 503.692
202009 458.033 99.900 491.503
202012 484.064 99.300 522.575
202103 557.020 99.900 597.723
202106 539.005 99.500 580.717
202109 507.376 100.100 543.364
202112 581.327 100.100 622.560
202203 513.486 101.100 544.468
202206 646.145 101.800 680.420
202209 531.893 103.100 553.045
202212 570.842 104.100 587.841
202303 609.374 104.400 625.717
202306 595.970 105.200 607.300
202309 587.867 106.200 593.402
202312 616.138 106.800 618.446
202403 643.693 107.200 643.693

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.


GMO Internet group  (TSE:9449) 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 group Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of GMO Internet group's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


GMO Internet group (TSE:9449) Business Description

Traded in Other Exchanges
Address
Cerulean Tower 4th-14th floors, 26-1 Sakuragaokacho, Shibuya ku, Tokyo, JPN
GMO Internet group Inc operates through four main segments, Internet infrastructure, Online advertising and media, Internet securities, and Cryptocurrency. Internet infrastructure, the largest 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.

GMO Internet group (TSE:9449) Headlines

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