Global Payments (MEX:GPN) Cyclically Adjusted PB Ratio: 1.03 (As of Aug. 02, 2026) — 83% Below Median

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Founder & CEO of GuruFocus
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MEX:GPN Global Payments Inc MEX:GPN
78 GF Score
Price MXN1,455.00
GF Value MXN2,256.39
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Global Payments Cyclically Adjusted PB Ratio?

Global Payments MEX:GPN 78 Cyclically Adjusted PB Ratio is 1.03 as of Aug. 02, 2026, which is 83% below its 10-year median of 5.94. GuruFocus rates MEX:GPN with a GF Score™ of 78/100 and a GF Value™ of MXN2,256.39 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 728 Business Services companies, Global Payments ranks better than 62.77% on this metric.

As of today (2026-08-02), Global Payments's current share price is MXN1455.00. Global Payments's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN1,415.57. Global Payments's Cyclically Adjusted PB Ratio for today is 1.03.

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

MEX:GPN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 5.94   Max: 13.85
Current: 1.08

During the past years, Global Payments's highest Cyclically Adjusted PB Ratio was 13.85. The lowest was 0.82. And the median was 5.94.

MEX:GPN's Cyclically Adjusted PB Ratio is ranked better than
62.77% of 728 companies
in the Business Services industry
Industry Median: 1.55 vs MEX:GPN: 1.08

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.

Global Payments's adjusted book value per share data for the three months ended in Mar. 2026 was MXN1,569.295. 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 MXN1,415.57 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Payments  (MEX:GPN) 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.


Global Payments Cyclically Adjusted PB Ratio Related Terms


Global Payments Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Global Payments'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.

Global Payments Cyclically Adjusted PB Ratio Chart

Global Payments Annual Data
Trend May16 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 3.78 2.17 2.31 1.74 1.03

Global Payments 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 1.45 1.14 1.14 1.03 0.86

MEX:GPN vs CPRT, ULS, ARMK: Cyclically Adjusted PB Ratio Comparison

For the Specialty Business Services subindustry, Global Payments'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.


Global Payments Cyclically Adjusted PB Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Global Payments's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


MEX:GPN
78GF Score
Global Payments Inc MEX:GPN
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Global Payments 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.

Global Payments's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1455.00/1415.57
=1.03

* 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.

Global Payments's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Global Payments'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)
=1569.295/330.2130*330.2130
=1,569.295

Current CPI (Mar. 2026) = 330.2130.

Global Payments Quarterly Data

Book Value per Share CPI Adj_Book
201605 327.485 240.229 450.153
201608 336.874 240.849 461.867
201611 356.772 241.353 488.126
201703 337.172 243.801 456.678
201706 337.804 244.955 455.379
201709 403.664 246.819 540.052
201712 468.166 246.524 627.097
201803 450.008 249.554 595.456
201806 476.146 251.989 623.954
201809 469.947 252.439 614.733
201812 496.140 251.233 652.111
201903 487.735 254.202 633.577
201906 489.262 256.143 630.744
201909 1,824.442 256.759 2,346.381
201912 1,749.880 256.974 2,248.605
202003 2,142.465 258.115 2,740.909
202006 2,115.486 257.797 2,709.733
202009 2,047.965 260.280 2,598.220
202012 1,822.451 260.474 2,310.392
202103 1,848.523 264.877 2,304.490
202106 1,809.195 271.696 2,198.854
202109 1,853.358 274.310 2,231.063
202112 1,846.311 278.802 2,186.770
202203 1,779.998 287.504 2,044.418
202206 1,725.124 296.311 1,922.502
202209 1,686.290 296.808 1,876.078
202212 1,652.827 296.797 1,838.917
202303 1,520.608 301.836 1,663.567
202306 1,462.159 305.109 1,582.464
202309 1,501.406 307.789 1,610.791
202312 1,499.308 306.746 1,614.010
202403 1,445.138 312.332 1,527.872
202406 1,612.482 314.175 1,694.796
202409 1,765.565 315.301 1,849.066
202412 1,868.365 315.605 1,954.844
202503 1,855.059 319.799 1,915.468
202506 1,754.440 322.561 1,796.060
202509 1,757.411 324.800 1,786.699
202512 1,741.193 324.054 1,774.286
202603 1,569.295 330.213 1,569.295

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 1.03 mean?
Global Payments (MEX:GPN) has a Cyclically Adjusted PB Ratio of 1.03 as of Aug. 02, 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 Global Payments and its competitors. This is 83% below median its historical median of 5.94. Over the past decade, Global Payments' Cyclically Adjusted PB Ratio has ranged from 0.82 to 13.85. According to the industry distribution chart, Global Payments ranks #271 out of 728 companies in the Business Services industry, placing it in the top 37.2%.
Is Global Payments' Cyclically Adjusted PB Ratio too high?
Global Payments' current Cyclically Adjusted PB Ratio of 1.03 is 83% below median its 10-year median of 5.94. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 13.85. The Business Services industry median Cyclically Adjusted PB Ratio is 1.55. Global Payments' value of 1.03 is 33.5% below this industry median. Based on the distribution chart, Global Payments ranks #271 out of 728 companies in the Business Services industry, which is above the industry midpoint. Overall, Global Payments has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Global Payments' Cyclically Adjusted PB Ratio compare to CPRT and ULS?
According to the Business Services industry distribution chart, Global Payments ranks #271 out of 728 companies for Cyclically Adjusted PB Ratio. This puts Global Payments in the upper half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.55. Global Payments' value of 1.03 is 33.5% below this benchmark. Historically, Global Payments' own Cyclically Adjusted PB Ratio has ranged from 0.82 to 13.85 over the past decade. While the company's 10-year median is 5.94 vs. the industry median of 1.55, Global Payments 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 Business Services company?
The median Cyclically Adjusted PB Ratio among Business Services companies is 1.55, based on 728 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. Global Payments's current Cyclically Adjusted PB Ratio of 1.03 is 33.5% 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 Global Payments and its competitors. For the Business Services industry, the median Cyclically Adjusted PB Ratio is 1.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Payments's current Cyclically Adjusted PB Ratio is 1.03, which is 83% below median its own 10-year median of 5.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Payments stock overvalued right now?
Based on GuruFocus' analysis, Global Payments (MEX:GPN) is currently considered Possible Value Trap. The stock's GF Value™ is MXN2,256.39, compared to a current price of MXN1,455.00 — trading 35.5% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 1.03, which is 83% below median its 10-year median of 5.94 and 33.5% below the Business Services industry median of 1.55. Global Payments' overall GF Score™ is 78/100 with 6 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 Global Payments (MEX:GPN), the current Cyclically Adjusted PB Ratio is 1.03 as of Aug. 02, 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 Global Payments (MEX:GPN) Overvalued in 2026?

Based on GuruFocus' analysis, Global Payments stock appears to be undervalued. The current stock price of MXN1,455.00 is trading 35.5% below its estimated GF Value™ of MXN2,256.39. GuruFocus considers Global Payments to be Possible Value Trap.

Key valuation signals for MEX:GPN:

  • Cyclically Adjusted PB Ratio: 1.03 (83% below median its 10-year median of 5.94)
  • GF Value™: MXN2,256.39 vs. price of MXN1,455.00 (35.5% below fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 33.5% below the Business Services median (#271 of 728)

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


Global Payments Business Description

Address 3550 Lenox Road, Atlanta, GA, USA, 30326
Global Payments is a leading provider of payment processing and software solutions and historically focused on serving small and midsize merchants. The Worldpay acquisition pushes the company into the large merchant space and expands the company's international operations. Following the Worldpay acquisition, the company will process almost $4 trilliion in payment volume.
78GF Score

Get the complete analysis for MEX:GPN

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

MXN1,455.00
Price
MXN2,256.39
GF Value