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Globe Telecom (PHS:GLO) Cyclically Adjusted PB Ratio : 2.83 (As of May. 23, 2024)


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What is Globe Telecom Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Globe Telecom's current share price is ₱2006.00. Globe Telecom's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱709.34. Globe Telecom's Cyclically Adjusted PB Ratio for today is 2.83.

The historical rank and industry rank for Globe Telecom's Cyclically Adjusted PB Ratio or its related term are showing as below:

PHS:GLO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.43   Med: 4.49   Max: 7.4
Current: 2.8

During the past years, Globe Telecom's highest Cyclically Adjusted PB Ratio was 7.40. The lowest was 2.43. And the median was 4.49.

PHS:GLO's Cyclically Adjusted PB Ratio is ranked worse than
76.12% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.45 vs PHS:GLO: 2.80

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.

Globe Telecom's adjusted book value per share data for the three months ended in Mar. 2024 was ₱1,113.223. 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 ₱709.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Globe Telecom Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Globe Telecom's Cyclically Adjusted 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.

* Premium members only.

Globe Telecom Cyclically Adjusted PB Ratio Chart

Globe Telecom Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.79 4.50 6.51 3.71 2.54

Globe Telecom Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted 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 3.06 2.73 2.72 2.54 2.49

Competitive Comparison of Globe Telecom's Cyclically Adjusted PB Ratio

For the Telecom Services subindustry, Globe Telecom'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.


Globe Telecom's Cyclically Adjusted PB Ratio Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Globe Telecom's Cyclically Adjusted PB Ratio falls into.



Globe Telecom Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB 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 PB Ratio.

Globe Telecom's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2006.00/709.34
=2.83

* 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.

Globe Telecom's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Globe Telecom'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)
=1113.223/131.7762*131.7762
=1,113.223

Current CPI (Mar. 2024) = 131.7762.

Globe Telecom Quarterly Data

Book Value per Share CPI Adj_Book
201406 268.100 100.560 351.326
201409 344.110 100.428 451.523
201412 341.832 99.070 454.683
201503 352.636 99.621 466.458
201506 364.123 100.684 476.568
201509 384.334 100.392 504.486
201512 377.750 99.792 498.820
201603 451.282 100.470 591.898
201606 399.585 101.688 517.817
201609 398.666 101.861 515.749
201612 407.699 101.863 527.426
201703 413.238 102.862 529.397
201706 420.334 103.349 535.951
201709 433.949 104.136 549.132
201712 429.923 104.011 544.688
201803 419.274 105.290 524.747
201806 498.635 106.317 618.042
201809 501.477 106.507 620.456
201812 531.164 105.998 660.341
201903 568.550 107.251 698.564
201906 582.534 108.070 710.322
201909 586.730 108.329 713.722
201912 585.892 108.420 712.106
202003 610.485 108.902 738.717
202006 614.249 108.767 744.189
202009 622.881 109.815 747.448
202012 595.634 109.897 714.219
202103 633.214 111.754 746.660
202106 638.368 114.631 733.845
202109 574.988 115.734 654.687
202112 827.022 117.630 926.484
202203 899.936 121.301 977.652
202206 907.760 125.017 956.841
202209 940.902 125.227 990.114
202212 1,043.987 125.222 1,098.632
202303 1,073.412 127.348 1,110.739
202306 1,088.662 128.729 1,114.435
202309 1,099.445 129.860 1,115.673
202312 1,096.009 129.419 1,115.968
202403 1,113.223 131.776 1,113.223

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


Globe Telecom  (PHS:GLO) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value 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 PB Ratio should give similar results to regular PB Ratio.


Globe Telecom Cyclically Adjusted PB Ratio Related Terms

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


Globe Telecom (PHS:GLO) Business Description

Traded in Other Exchanges
Address
32nd Street Corner 7th Avenue, 27th Floor, The Globe Tower, Bonifacio Global City, Taguig, PHL, 1634
Globe Telecom Inc is a telecommunications company that provides mobile, voice, and broadband services. Its operating segments are Mobile Business, Fixed Line and Broadband Business. Mobile involves traditional mobile services and contributes the majority of company revenue. Within the mobile division, the majority of subscribers are considered prepaid customers. The other division, fixed-line and broadband, provides fixed-line voice services, corporate data, and Internet for its customers. The company generates the vast majority of its revenue in the Philippines.