GTMEF (Globe Telecom) Cyclically Adjusted PB Ratio: 1.22 (As of Jul. 20, 2026) — 70% Below Median

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GTMEF Globe Telecom Inc GTMEF
69 GF Score
Price $28.20
GF Value $45.70
Valuation Possible Value Trap
! 7 Warning Signs
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What is Globe Telecom Cyclically Adjusted PB Ratio?

Globe Telecom GTMEF 69 Cyclically Adjusted PB Ratio is 1.22 as of Jul. 20, 2026, which is 70% below its 10-year median of 4.03. GuruFocus rates GTMEF with a GF Score™ of 69/100 and a GF Value™ of $45.70 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 289 Telecommunication Services companies, Globe Telecom ranks worse than 55.36% on this metric.

As of today (2026-07-20), Globe Telecom's current share price is $28.20. Globe Telecom's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $23.13. Globe Telecom's Cyclically Adjusted PB Ratio for today is 1.22.

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: 1.72   Med: 4.03   Max: 7.4
Current: 2.09

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

GTMEF's Cyclically Adjusted PB Ratio is ranked worse than
55.36% of 289 companies
in the Telecommunication Services industry
Industry Median: 1.79 vs GTMEF: 2.09

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. 2026 was $22.502. 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 $23.13 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


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


Globe Telecom Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

Globe Telecom Cyclically Adjusted PB Ratio Chart

Globe Telecom Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.51 3.71 2.54 2.83 1.84

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 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 2.81 2.04 1.77 1.84 1.81

GTMEF vs TMUS, VZ, T: Cyclically Adjusted PB Ratio 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.


GTMEF
69GF Score
Globe Telecom Inc GTMEF
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=28.20/23.13
=1.22

* 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. 2026 is calculated as:

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)
=22.502/330.2130*330.2130
=22.502

Current CPI (Mar. 2026) = 330.2130.

Globe Telecom Quarterly Data

Book Value per Share CPI Adj_Book
201606 6.478 241.018 8.875
201609 6.463 241.428 8.840
201612 6.609 241.432 9.039
201703 6.699 243.801 9.073
201706 6.814 244.955 9.186
201709 7.035 246.819 9.412
201712 6.969 246.524 9.335
201803 6.797 249.554 8.994
201806 8.083 251.989 10.592
201809 8.129 252.439 10.633
201812 8.610 251.233 11.317
201903 9.217 254.202 11.973
201906 9.443 256.143 12.174
201909 9.511 256.759 12.232
201912 9.498 256.974 12.205
202003 9.896 258.115 12.660
202006 9.957 257.797 12.754
202009 10.097 260.280 12.810
202012 9.656 260.474 12.241
202103 10.265 264.877 12.797
202106 10.348 271.696 12.577
202109 9.321 274.310 11.221
202112 13.407 278.802 15.879
202203 14.589 287.504 16.756
202206 14.715 296.311 16.399
202209 15.253 296.808 16.970
202212 16.924 296.797 18.829
202303 17.401 301.836 19.037
202306 17.648 305.109 19.100
202309 17.823 307.789 19.121
202312 17.767 306.746 19.126
202403 18.046 312.332 19.079
202406 18.499 314.175 19.443
202409 18.779 315.301 19.667
202412 18.633 315.605 19.495
202503 19.027 319.799 19.647
202506 19.164 322.561 19.619
202509 19.362 324.800 19.685
202512 19.376 324.054 19.744
202603 22.502 330.213 22.502

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.

What does a Cyclically Adjusted PB Ratio of 1.22 mean?
Globe Telecom (GTMEF) has a Cyclically Adjusted PB Ratio of 1.22 as of Jul. 20, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Globe Telecom and its competitors. This is 70% below median its historical median of 4.03. Over the past decade, Globe Telecom's Cyclically Adjusted PB Ratio has ranged from 1.72 to 7.40. According to the industry distribution chart, Globe Telecom ranks #160 out of 289 companies in the Telecommunication Services industry, placing it in the top 55.4%.
Is Globe Telecom's Cyclically Adjusted PB Ratio too high?
Globe Telecom's current Cyclically Adjusted PB Ratio of 1.22 is 70% below median its 10-year median of 4.03. Over the past 10 years, this metric has ranged from a low of 1.72 to a high of 7.40. The Telecommunication Services industry median Cyclically Adjusted PB Ratio is 1.79. Globe Telecom's value of 1.22 is 31.8% below this industry median. Based on the distribution chart, Globe Telecom ranks #160 out of 289 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Globe Telecom has a GF Score™ of 69/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Globe Telecom's Cyclically Adjusted PB Ratio compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Globe Telecom ranks #160 out of 289 companies for Cyclically Adjusted PB Ratio. This places Globe Telecom in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.79. Globe Telecom's value of 1.22 is 31.8% below this benchmark. Historically, Globe Telecom's own Cyclically Adjusted PB Ratio has ranged from 1.72 to 7.40 over the past decade. While the company's 10-year median is 4.03 vs. the industry median of 1.79, Globe Telecom has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Telecommunication Services company?
The median Cyclically Adjusted PB Ratio among Telecommunication Services companies is 1.79, based on 289 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Globe Telecom's current Cyclically Adjusted PB Ratio of 1.22 is 31.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Globe Telecom and its competitors. For the Telecommunication Services industry, the median Cyclically Adjusted PB Ratio is 1.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globe Telecom's current Cyclically Adjusted PB Ratio is 1.22, which is 70% below median its own 10-year median of 4.03. 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 (GTMEF) is currently considered Possible Value Trap. The stock's GF Value™ is $45.70, compared to a current price of $28.20 — trading 38.3% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.22, which is 70% below median its 10-year median of 4.03 and 31.8% below the Telecommunication Services industry median of 1.79. Globe Telecom's overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Globe Telecom (GTMEF), the current Cyclically Adjusted PB Ratio is 1.22 as of Jul. 20, 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 (GTMEF) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Telecom stock appears to be undervalued. The current stock price of $28.20 is trading 38.3% below its estimated GF Value™ of $45.70. GuruFocus considers Globe Telecom to be Possible Value Trap.

Key valuation signals for GTMEF:

  • Cyclically Adjusted PB Ratio: 1.22 (70% below median its 10-year median of 4.03)
  • GF Value™: $45.70 vs. price of $28.20 (38.3% below fair value)
  • GF Score™: 69/100 with 7 warning signs
  • Industry Position: 31.8% below the Telecommunication Services median (#160 of 289)

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


Globe Telecom Business Description

Other Exchanges GLO:Philippines
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.
69GF Score

Get the complete analysis for GTMEF

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

$28.20
Price
$45.70
GF Value