Globe Telecom (PHS:GLO) Cyclically Adjusted PB Ratio: 2.10 (As of Jul. 04, 2026) — 48% Below Median


PHS:GLO Globe Telecom Inc PHS:GLO
81 GF Score
Price ₱1,885.00
GF Value ₱1,768.07
Valuation Fairly Valued
! 9 Warning Signs
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What is Globe Telecom Cyclically Adjusted PB Ratio?

Globe Telecom PHS:GLO +0.27% 81 Cyclically Adjusted PB Ratio is 2.10 as of Jul. 04, 2026, which is 48% below its 10-year median of 4.03. GuruFocus rates PHS:GLO with a GF Score™ of 81/100 and a GF Value™ of ₱1,768.07 (Fairly Valued). The stock has 9 warning signs investors should review. Among 291 Telecommunication Services companies, Globe Telecom ranks worse than 53.95% on this metric.

As of today (2026-07-04), Globe Telecom's current share price is ₱1885.00. 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 for today is 2.10.

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

PHS:GLO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.72   Med: 4.03   Max: 7.4
Current: 2.1

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.

PHS:GLO's Cyclically Adjusted PB Ratio is ranked worse than
53.95% of 291 companies
in the Telecommunication Services industry
Industry Median: 1.83 vs PHS:GLO: 2.10

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 ₱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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Globe Telecom  (PHS:GLO) 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

PHS:GLO 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.


PHS:GLO
81GF Score
Globe Telecom Inc PHS:GLO
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 PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1885.00/896.07
=2.10

* 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)
=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.

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 2.10 mean?
Globe Telecom (PHS:GLO) has a Cyclically Adjusted PB Ratio of 2.10 as of Jul. 04, 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 48% 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 #157 out of 291 companies in the Telecommunication Services industry, placing it in the top 54%.
Is Globe Telecom's Cyclically Adjusted PB Ratio too high?
Globe Telecom's current Cyclically Adjusted PB Ratio of 2.10 is 48% 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 1.83. Globe Telecom's value of 2.10 is 14.8% above this industry median. Based on the distribution chart, Globe Telecom ranks #157 out of 291 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Globe Telecom has a GF Score™ of 81/100 and is considered Fairly Valued, 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 #157 out of 291 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 1.83. Globe Telecom's value of 2.10 is 14.8% above 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 1.83, Globe Telecom has consistently been above 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 1.83, based on 291 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 2.10 is 14.8% above 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 1.83 — 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 2.10, which is 48% 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 (PHS:GLO) is currently considered Fairly Valued. The stock's GF Value™ is ₱1,768.07, compared to a current price of ₱1,885.00 — trading 6.6% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 2.10, which is 48% below median its 10-year median of 4.03 and 14.8% above the Telecommunication Services industry median of 1.83. Globe Telecom's overall GF Score™ is 81/100 with 9 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 (PHS:GLO), the current Cyclically Adjusted PB Ratio is 2.10 as of Jul. 04, 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 ₱1,885.00 is trading 6.6% above its estimated GF Value™ of ₱1,768.07. GuruFocus considers Globe Telecom to be Fairly Valued.

Key valuation signals for PHS:GLO:

  • Cyclically Adjusted PB Ratio: 2.10 (48% below median its 10-year median of 4.03)
  • GF Value™: ₱1,768.07 vs. price of ₱1,885.00 (6.6% above fair value)
  • GF Score™: 81/100 with 9 warning signs
  • Industry Position: 14.8% above the Telecommunication Services median (#157 of 291)

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.
81GF Score

Get the complete analysis for PHS:GLO

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

₱1,885.00
Price
₱1,768.07
GF Value