Globe Telecom (PHS:GLO) Construction In Progress: ₱73,702 Mil (As of Jun. 2026)

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.

PHS:GLO Globe Telecom Inc PHS:GLO
81 GF Score
Price ₱1,725.00
GF Value ₱1,791.36
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Globe Telecom Construction In Progress?

Globe Telecom PHS:GLO +0.35% 81 Construction In Progress is ₱73,702 Mil as of Jun. 2026. GuruFocus rates PHS:GLO with a GF Score™ of 81/100 and a GF Value™ of ₱1,791.36 (Fairly Valued). The stock has 9 warning signs investors should review.

Globe Telecom's quarterly construction in progress declined from Dec. 2025 (₱80,927 Mil) to Mar. 2026 (₱77,564 Mil) and declined from Mar. 2026 (₱77,564 Mil) to Jun. 2026 (₱73,702 Mil).

Globe Telecom's annual construction in progress declined from Dec. 2023 (₱104,825 Mil) to Dec. 2024 (₱95,533 Mil) and declined from Dec. 2024 (₱95,533 Mil) to Dec. 2025 (₱80,927 Mil).


Globe Telecom Construction In Progress Historical Data

* Premium members only.

The historical data trend for Globe Telecom's Construction In Progress 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.

Globe Telecom Construction In Progress Chart

Globe Telecom Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63,775.63 80,146.93 104,824.63 95,533.18 80,926.94

Globe Telecom Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Construction In Progress 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 87,610.31 85,433.95 80,926.94 77,564.09 73,701.81
PHS:GLO
81GF Score
Globe Telecom Inc PHS:GLO
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globe Telecom Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of ₱73,702 Mil mean?
Globe Telecom (PHS:GLO) has a Construction In Progress of ₱73,702 Mil as of Jun. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Globe Telecom and its competitors.
Is Globe Telecom's Construction In Progress too high?
Globe Telecom's current Construction In Progress is ₱73,702 Mil. Overall, Globe Telecom has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Globe Telecom's Construction In Progress compare to VZ and TMUS?
Globe Telecom's Construction In Progress of ₱73,702 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Telecommunication Services company?
A good Construction In Progress depends on the Telecommunication Services industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Globe Telecom and its competitors. Globe Telecom's current Construction In Progress is ₱73,702 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Telecom stock overvalued right now?
Based on GuruFocus' analysis, Globe Telecom (PHS:GLO) is currently considered Fairly Valued. The stock's GF Value™ is ₱1,791.36, compared to a current price of ₱1,725.00 — trading 3.7% below its estimated fair value. The current Construction In Progress is ₱73,702 Mil. Globe Telecom's overall GF Score™ is 81/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Globe Telecom (PHS:GLO), the current Construction In Progress is ₱73,702 Mil as of Jun. 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 Globe Telecom (PHS:GLO) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Telecom stock appears to be undervalued. The current stock price of ₱1,725.00 is trading 3.7% below its estimated GF Value™ of ₱1,791.36. GuruFocus considers Globe Telecom to be Fairly Valued.

Key valuation signals for PHS:GLO:

  • Construction In Progress: ₱73,702 Mil
  • GF Value™: ₱1,791.36 vs. price of ₱1,725.00 (3.7% below fair value)
  • GF Score™: 81/100 with 9 warning signs

No single metric tells the full story. See the PHS:GLO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Globe Telecom Business Description

Other Exchanges GTMEF:USA
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 the company's 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.
81GF Score

Get the complete analysis for PHS:GLO

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

₱1,725.00
Price
₱1,791.36
GF Value