GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » GMO Internet group Inc (GREY:GMYOY) » Definitions » Cyclically Adjusted Book per Share

GMO Internet group (GMO Internet group) Cyclically Adjusted Book per Share : $7.37 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is GMO Internet group Cyclically Adjusted Book per Share?

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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

GMO Internet group's adjusted book value per share for the three months ended in Mar. 2024 was $10.908. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $7.37 for the trailing ten years ended in Mar. 2024.

During the past 12 months, GMO Internet group's average Cyclically Adjusted Book Growth Rate was 15.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.90% 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 Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of GMO Internet group was 16.70% per year. The lowest was 14.00% per year. And the median was 15.50% per year.

As of today (2024-06-02), GMO Internet group's current stock price is $34.17. GMO Internet group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $7.37. GMO Internet group's Cyclically Adjusted PB Ratio of today is 4.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GMO Internet group was 14.18. The lowest was 4.57. And the median was 7.40.


GMO Internet group Cyclically Adjusted Book per Share Historical Data

The historical data trend for GMO Internet group's Cyclically Adjusted Book 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.

* Premium members only.

GMO Internet group Cyclically Adjusted Book per Share Chart

GMO Internet group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.03 1.60 2.03 7.81 8.65

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 Book 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 7.74 7.50 9.26 8.65 7.37

Competitive Comparison of GMO Internet group's Cyclically Adjusted Book per Share

For the Telecom Services subindustry, GMO Internet group's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted 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 group's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

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



GMO Internet group Cyclically Adjusted Book 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 Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

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

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value 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 Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book 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 Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=10.908/107.2000*107.2000
=10.908

Current CPI (Mar. 2024) = 107.2000.

GMO Internet group Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.386 98.000 4.798
201409 4.356 98.500 4.741
201412 4.162 97.900 4.557
201503 4.253 97.900 4.657
201506 4.800 98.400 5.229
201509 5.047 98.500 5.493
201512 5.540 98.100 6.054
201603 5.529 97.900 6.054
201606 6.117 98.100 6.684
201609 6.490 98.000 7.099
201612 5.890 98.400 6.417
201703 6.106 98.100 6.672
201706 6.266 98.500 6.819
201709 6.300 98.800 6.836
201712 6.735 99.400 7.264
201803 7.367 99.200 7.961
201806 7.520 99.200 8.126
201809 7.538 99.900 8.089
201812 8.131 99.700 8.743
201903 8.301 99.700 8.925
201906 8.280 99.800 8.894
201909 8.637 100.100 9.250
201912 8.719 100.500 9.300
202003 8.921 100.300 9.535
202006 7.928 99.900 8.507
202009 8.367 99.900 8.978
202012 8.990 99.300 9.705
202103 10.544 99.900 11.314
202106 11.655 99.500 12.557
202109 12.043 100.100 12.897
202112 11.797 100.100 12.634
202203 11.103 101.100 11.773
202206 11.043 101.800 11.629
202209 9.711 103.100 10.097
202212 10.031 104.100 10.330
202303 10.583 104.400 10.867
202306 10.566 105.200 10.767
202309 10.431 106.200 10.529
202312 10.807 106.800 10.847
202403 10.908 107.200 10.908

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


GMO Internet group  (GREY:GMYOY) Cyclically Adjusted Book per Share Explanation

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

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB 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 PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=34.17/7.37
=4.64

* 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 PB Ratio of GMO Internet group was 14.18. The lowest was 4.57. And the median was 7.40.


Be Aware

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


GMO Internet group Cyclically Adjusted Book per Share Related Terms

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


GMO Internet group (GMO Internet group) 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.