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Globe Telecom (Globe Telecom) Cyclically Adjusted PB Ratio : 2.52 (As of Jun. 20, 2024)


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What is Globe Telecom Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Globe Telecom's current share price is $33.60. Globe Telecom's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $13.33. Globe Telecom's Cyclically Adjusted PB Ratio for today is 2.52.

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

GTMEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.43   Med: 4.49   Max: 7.4
Current: 2.81

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.

GTMEF's Cyclically Adjusted PB Ratio is ranked worse than
76.82% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.44 vs GTMEF: 2.81

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 $18.910. 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 $13.33 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
=33.60/13.33
=2.52

* 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)
=18.91/131.7762*131.7762
=18.910

Current CPI (Mar. 2024) = 131.7762.

Globe Telecom Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.554 100.560 5.968
201409 5.845 100.428 7.670
201412 5.806 99.070 7.723
201503 5.990 99.621 7.923
201506 6.185 100.684 8.095
201509 6.528 100.392 8.569
201512 6.417 99.792 8.474
201603 7.666 100.470 10.055
201606 6.788 101.688 8.796
201609 6.772 101.861 8.761
201612 6.925 101.863 8.959
201703 7.019 102.862 8.992
201706 7.140 103.349 9.104
201709 7.371 104.136 9.327
201712 7.303 104.011 9.252
201803 7.122 105.290 8.914
201806 8.470 106.317 10.498
201809 8.518 106.507 10.539
201812 9.023 105.998 11.217
201903 9.658 107.251 11.867
201906 9.895 108.070 12.066
201909 9.966 108.329 12.123
201912 9.952 108.420 12.096
202003 10.370 108.902 12.548
202006 10.434 108.767 12.641
202009 10.581 109.815 12.697
202012 10.118 109.897 12.132
202103 10.756 111.754 12.683
202106 10.844 114.631 12.466
202109 9.767 115.734 11.121
202112 14.048 117.630 15.737
202203 15.287 121.301 16.607
202206 15.420 125.017 16.254
202209 15.983 125.227 16.819
202212 17.734 125.222 18.662
202303 18.233 127.348 18.867
202306 18.492 128.729 18.930
202309 18.676 129.860 18.952
202312 18.617 129.419 18.956
202403 18.910 131.776 18.910

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  (OTCPK:GTMEF) 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 (Globe Telecom) 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.