Globus Medical (FRA:GM0N) Cyclically Adjusted Book per Share: €20.37 (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.

FRA:GM0N Globus Medical Inc FRA:GM0N
98 GF Score
Price €70.46
GF Value €79.30
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Globus Medical Cyclically Adjusted Book per Share?

Globus Medical FRA:GM0N +0.17% 98 Cyclically Adjusted Book per Share is €20.37 as of Jun. 2026. GuruFocus rates FRA:GM0N with a GF Score™ of 98/100 and a GF Value™ of €79.30 (Modestly Undervalued). The stock has 5 warning signs investors should review.

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.

Globus Medical's adjusted book value per share for the three months ended in Jun. 2026 was €30.128. 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 €20.37 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Globus Medical's average Cyclically Adjusted Book Growth Rate was 17.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 17.90% 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 Globus Medical was 18.30% per year. The lowest was 17.60% per year. And the median was 17.90% per year.

As of today (2026-08-11), Globus Medical's current stock price is €70.46. Globus Medical's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was €20.37. Globus Medical's Cyclically Adjusted PB Ratio of today is 3.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Globus Medical was 8.62. The lowest was 2.79. And the median was 4.52.


Globus Medical  (FRA:GM0N) 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.

Globus Medical's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=70.46/20.37
=3.46

* 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 Globus Medical was 8.62. The lowest was 2.79. And the median was 4.52.


Be Aware

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


Globus Medical Cyclically Adjusted Book per Share Related Terms


Globus Medical Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Globus Medical'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.

Globus Medical Cyclically Adjusted Book per Share Chart

Globus Medical Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.38 11.65 13.47 16.68 17.29

Globus Medical Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 15.90 16.24 17.29 18.00 20.37

FRA:GM0N vs PODD, BRKR, GKOS: Cyclically Adjusted Book per Share Comparison

For the Medical Devices subindustry, Globus Medical'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.


Globus Medical Cyclically Adjusted PB Ratio vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Globus Medical's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


FRA:GM0N
98GF Score
Globus Medical Inc FRA:GM0N
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globus Medical 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, Globus Medical's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=30.128/333.9520*333.9520
=30.128

Current CPI (Jun. 2026) = 333.9520.

Globus Medical Quarterly Data

Book Value per Share CPI Adj_Book
201609 7.534 241.428 10.421
201612 8.223 241.432 11.374
201703 8.456 243.801 11.583
201706 8.368 244.955 11.408
201709 8.143 246.819 11.018
201712 8.460 246.524 11.460
201803 8.571 249.554 11.470
201806 9.559 251.989 12.668
201809 9.933 252.439 13.140
201812 10.572 251.233 14.053
201903 11.062 254.202 14.532
201906 11.501 256.143 14.995
201909 12.229 256.759 15.906
201912 12.644 256.974 16.432
202003 12.578 258.115 16.274
202006 12.144 257.797 15.731
202009 12.194 260.280 15.645
202012 12.417 260.474 15.920
202103 13.127 264.877 16.550
202106 13.507 271.696 16.602
202109 14.395 274.310 17.525
202112 15.177 278.802 18.179
202203 15.936 287.504 18.511
202206 16.160 296.311 18.213
202209 17.848 296.808 20.082
202212 17.396 296.797 19.574
202303 17.825 301.836 19.722
202306 18.241 305.109 19.965
202309 27.905 307.789 30.277
202312 26.890 306.746 29.275
202403 26.719 312.332 28.569
202406 27.291 314.175 29.009
202409 26.979 315.301 28.575
202412 29.030 315.605 30.718
202503 27.937 319.799 29.173
202506 27.578 322.561 28.552
202509 27.843 324.800 28.628
202512 34.678 324.054 35.737
202603 30.173 330.213 30.515
202606 30.128 333.952 30.128

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

What does a Cyclically Adjusted Book per Share of €20.37 mean?
Globus Medical (FRA:GM0N) has a Cyclically Adjusted Book per Share of €20.37 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Globus Medical and its competitors.
Is Globus Medical's Cyclically Adjusted Book per Share too high?
Globus Medical's current Cyclically Adjusted Book per Share is €20.37. Overall, Globus Medical has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Globus Medical's Cyclically Adjusted Book per Share compare to PODD and BRKR?
Globus Medical's Cyclically Adjusted Book per Share of €20.37 can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Medical Devices & Instruments company?
A good Cyclically Adjusted Book per Share depends on the Medical Devices & Instruments industry context. However, Cyclically Adjusted Book per Share 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 Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Globus Medical and its competitors. Globus Medical's current Cyclically Adjusted Book per Share is €20.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globus Medical stock overvalued right now?
Based on GuruFocus' analysis, Globus Medical (FRA:GM0N) is currently considered Modestly Undervalued. The stock's GF Value™ is €79.30, compared to a current price of €70.46 — trading 11.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is €20.37. Globus Medical's overall GF Score™ is 98/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Globus Medical (FRA:GM0N), the current Cyclically Adjusted Book per Share is €20.37 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 Globus Medical (FRA:GM0N) Overvalued in 2026?

Based on GuruFocus' analysis, Globus Medical stock appears to be undervalued. The current stock price of €70.46 is trading 11.1% below its estimated GF Value™ of €79.30. GuruFocus considers Globus Medical to be Modestly Undervalued.

Key valuation signals for FRA:GM0N:

  • Cyclically Adjusted Book per Share: €20.37
  • GF Value™: €79.30 vs. price of €70.46 (11.1% below fair value)
  • GF Score™: 98/100 with 5 warning signs

No single metric tells the full story. See the FRA:GM0N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Globus Medical Business Description

Address 2560 General Armistead Avenue, Audubon, PA, USA, 19403
Globus Medical Inc is a medical device company that develops and provides healthcare products and solutions to hospitals, physicians, and surgical centers. The firm's products are organized into two categories: musculoskeletal solutions, which include medical devices and instruments used mostly for spinal and orthopedic procedures, and enabling technologies, which include computer systems developed for enhancing surgical capabilities. The vast majority of the company's revenue is generated from musculoskeletal solutions products, and more than half of the revenue is earned in the United States. It also has its presence internationally.
98GF Score

Get the complete analysis for FRA:GM0N

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€70.46
Price
€79.30
GF Value