GMO Payment Gateway stock closed Q3 earnings day at ¥10,150, with the recent 90 day climb of about 15.7% meeting a set of numbers that look steady rather than explosive. The market has been paying up for growth; however, the real story today sits in profitability. Basic earnings per share for the quarter came in at ¥91.37 and trailing twelve month net profit margin stood at 27.6%. The question now is whether that kind of earnings power still justifies a P/E multiple well above the broader Japanese diversified financials sector.

Is GMO Payment Gateway still priced for growth or already discounting more than current earnings justify? See how the current 30.6x P/E compares with cash flows, growth forecasts and peer multiples in the