GTMEY (Globe Telecom) Cyclically Adjusted PB Ratio: (As of Sep. 20, 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.

GTMEY Globe Telecom Inc GTMEY
75 GF Score
Price $28.58
GF Value $31.74
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Globe Telecom Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Globe Telecom  (OTCPK:GTMEY) 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 6.03 3.47 2.11 2.36 2.22

Globe Telecom Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 2.30 2.26 2.24 2.18 2.13

GTMEY vs VZ, TMUS, 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.


GTMEY
75GF Score
Globe Telecom Inc GTMEY
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Globe Telecom'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)
=19.273/333.9520*333.9520
=19.273

Current CPI (Jun. 2026) = 333.9520.

Globe Telecom Quarterly Data

Book Value per Share CPI Adj_Book
201609 9.236 241.428 12.776
201612 9.196 241.432 12.720
201703 9.227 243.801 12.639
201706 9.309 244.955 12.691
201709 9.514 246.819 12.873
201712 9.604 246.524 13.010
201803 8.983 249.554 12.021
201806 9.101 251.989 12.061
201809 9.288 252.439 12.287
201812 10.034 251.233 13.338
201903 10.578 254.202 13.897
201906 11.115 256.143 14.491
201909 11.324 256.759 14.728
201912 11.588 256.974 15.059
202003 12.025 258.115 15.558
202006 12.350 257.797 15.998
202009 12.873 260.280 16.517
202012 12.439 260.474 15.948
202103 13.085 264.877 16.497
202106 13.119 271.696 16.125
202109 11.313 274.310 13.773
202112 11.932 278.802 14.292
202203 13.170 287.504 15.298
202206 12.548 296.311 14.142
202209 12.275 296.808 13.811
202212 15.042 296.797 16.925
202303 15.964 301.836 17.663
202306 16.006 305.109 17.519
202309 15.810 307.789 17.154
202312 16.046 306.746 17.469
202403 17.344 312.332 18.545
202406 17.113 314.175 18.190
202409 18.207 315.301 19.284
202412 17.483 315.605 18.499
202503 18.099 319.799 18.900
202506 18.538 322.561 19.193
202509 18.152 324.800 18.663
202512 17.972 324.054 18.521
202603 19.866 330.213 20.091
202606 19.273 333.952 19.273

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.

Is Globe Telecom (GTMEY) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Telecom stock appears to be undervalued. The current stock price of $28.58 is trading 10% below its estimated GF Value™ of $31.74. GuruFocus considers Globe Telecom to be Modestly Undervalued.

Key valuation signals for GTMEY:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: $31.74 vs. price of $28.58 (10% below fair value)
  • GF Score™: 75/100 with 7 warning signs

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


Globe Telecom Business Description

Other Exchanges GTMEF:USAGLO: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.
75GF Score

Get the complete analysis for GTMEY

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

$28.58
Price
$31.74
GF Value