Globe Telecom (PHS:GLO) Cyclically Adjusted Book per Share: ₱896.07 (As of Mar. 2026)


PHS:GLO Globe Telecom Inc PHS:GLO
79 GF Score
Price ₱1,800.00
GF Value ₱1,766.65
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Globe Telecom Cyclically Adjusted Book per Share?

Globe Telecom PHS:GLO +0.06% 79 Cyclically Adjusted Book per Share is ₱896.07 as of Mar. 2026. GuruFocus rates PHS:GLO with a GF Score™ of 79/100 and a GF Value™ of ₱1,766.65 (Fairly Valued). The stock has 8 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.

Globe Telecom's adjusted book value per share for the three months ended in Mar. 2026 was ₱1,388.095. 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 ₱896.07 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Globe Telecom's average Cyclically Adjusted Book Growth Rate was 12.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.50% 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 Globe Telecom was 15.40% per year. The lowest was 5.20% per year. And the median was 12.90% per year.

As of today (2026-06-27), Globe Telecom's current stock price is ₱1800.00. Globe Telecom's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was ₱896.07. Globe Telecom's Cyclically Adjusted PB Ratio of today is 2.01.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Globe Telecom was 7.40. The lowest was 1.72. And the median was 4.03.


Globe Telecom  (PHS:GLO) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1800.00/896.07
=2.01

* 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 Globe Telecom was 7.40. The lowest was 1.72. And the median was 4.03.


Be Aware

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


Globe Telecom Cyclically Adjusted Book per Share Related Terms


Globe Telecom Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Globe Telecom'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.

Globe Telecom Cyclically Adjusted Book per Share Chart

Globe Telecom 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 502.17 588.09 677.08 771.39 860.66

Globe Telecom Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 799.05 823.20 845.66 860.66 896.07

PHS:GLO vs TMUS, VZ, T: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


PHS:GLO
79GF Score
Globe Telecom Inc PHS:GLO
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globe Telecom 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, Globe Telecom's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1388.095/330.2130*330.2130
=1,388.095

Current CPI (Mar. 2026) = 330.2130.

Globe Telecom Quarterly Data

Book Value per Share CPI Adj_Book
201606 399.585 241.018 547.462
201609 398.666 241.428 545.275
201612 407.699 241.432 557.621
201703 413.238 243.801 559.705
201706 420.334 244.955 566.634
201709 433.949 246.819 580.570
201712 429.923 246.524 575.872
201803 419.274 249.554 554.789
201806 498.635 251.989 653.424
201809 501.477 252.439 655.977
201812 531.164 251.233 698.146
201903 568.550 254.202 738.557
201906 582.534 256.143 750.988
201909 586.730 256.759 754.583
201912 585.892 256.974 752.874
202003 610.485 258.115 781.009
202006 614.249 257.797 786.794
202009 622.881 260.280 790.239
202012 595.634 260.474 755.108
202103 633.214 264.877 789.406
202106 638.368 271.696 775.858
202109 574.988 274.310 692.168
202112 827.022 278.802 979.525
202203 899.936 287.504 1,033.622
202206 907.760 296.311 1,011.620
202209 940.902 296.808 1,046.798
202212 1,043.987 296.797 1,161.528
202303 1,073.412 301.836 1,174.328
202306 1,088.662 305.109 1,178.236
202309 1,099.445 307.789 1,179.545
202312 1,096.009 306.746 1,179.857
202403 1,113.223 312.332 1,176.955
202406 1,141.150 314.175 1,199.403
202409 1,158.428 315.301 1,213.215
202412 1,149.438 315.605 1,202.641
202503 1,173.711 319.799 1,211.932
202506 1,182.183 322.561 1,210.228
202509 1,194.394 324.800 1,214.299
202512 1,195.254 324.054 1,217.971
202603 1,388.095 330.213 1,388.095

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 ₱896.07 mean?
Globe Telecom (PHS:GLO) has a Cyclically Adjusted Book per Share of ₱896.07 as of Mar. 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 Globe Telecom and its competitors.
Is Globe Telecom's Cyclically Adjusted Book per Share too high?
Globe Telecom's current Cyclically Adjusted Book per Share is ₱896.07. Overall, Globe Telecom has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Globe Telecom's Cyclically Adjusted Book per Share compare to TMUS and VZ?
Globe Telecom's Cyclically Adjusted Book per Share of ₱896.07 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 Cyclically Adjusted Book per Share for a Telecommunication Services company?
A good Cyclically Adjusted Book per Share depends on the Telecommunication Services 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 Globe Telecom and its competitors. Globe Telecom's current Cyclically Adjusted Book per Share is ₱896.07. 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 ₱1,766.65, compared to a current price of ₱1,800.00 — trading 1.9% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₱896.07. Globe Telecom's overall GF Score™ is 79/100 with 8 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 Globe Telecom (PHS:GLO), the current Cyclically Adjusted Book per Share is ₱896.07 as of Mar. 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 overvalued. The current stock price of ₱1,800.00 is trading 1.9% above its estimated GF Value™ of ₱1,766.65. GuruFocus considers Globe Telecom to be Fairly Valued.

Key valuation signals for PHS:GLO:

  • Cyclically Adjusted Book per Share: ₱896.07
  • GF Value™: ₱1,766.65 vs. price of ₱1,800.00 (1.9% above fair value)
  • GF Score™: 79/100 with 8 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.
79GF Score

Get the complete analysis for PHS:GLO

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

₱1,800.00
Price
₱1,766.65
GF Value