Globant (BSP:G1LO34) Cyclically Adjusted PS Ratio: (As of Sep. 21, 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.

BSP:G1LO34 Globant SA BSP:G1LO34
63 GF Score
Price R$9.31
GF Value R$43.99
Valuation Significantly Undervalued
! 7 Warning Signs
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What is Globant Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Globant  (BSP:G1LO34) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Globant Cyclically Adjusted PS Ratio Related Terms


Globant Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Globant's Cyclically Adjusted PS 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.

Globant Cyclically Adjusted PS Ratio Chart

Globant Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 10.27 2.26

Globant Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 3.23 1.98 2.21 1.26 0.82

BSP:G1LO34 vs DXC, CNXC, VNET: Cyclically Adjusted PS Ratio Comparison

For the Information Technology Services subindustry, Globant's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


Globant Cyclically Adjusted PS Ratio vs Software Industry

For the Software industry and Technology sector, Globant's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Globant's Cyclically Adjusted PS Ratio falls into.


BSP:G1LO34
63GF Score
Globant SA BSP:G1LO34
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Globant Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

Globant's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Globant's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=3.591/128.6000*128.6000
=3.591

Current CPI (Jun. 2026) = 128.6000.

Globant Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 0.377 100.750 0.481
201612 0.404 101.040 0.514
201703 0.392 101.780 0.495
201706 0.444 102.170 0.559
201709 0.479 102.520 0.601
201712 1.847 102.410 2.319
201803 0.532 102.900 0.665
201806 0.629 103.650 0.780
201809 0.722 104.580 0.888
201812 0.723 104.320 0.891
201903 0.738 105.140 0.903
201906 0.821 105.550 1.000
201909 0.899 105.900 1.092
201912 0.999 106.080 1.211
202003 1.123 106.040 1.362
202006 1.267 106.340 1.532
202009 1.365 106.620 1.646
202012 1.535 106.670 1.851
202103 1.798 108.140 2.138
202106 1.942 108.680 2.298
202109 2.087 109.470 2.452
202112 2.477 111.090 2.867
202203 2.454 114.780 2.749
202206 2.470 116.750 2.721
202209 2.806 117.000 3.084
202212 2.995 117.060 3.290
202303 2.837 118.910 3.068
202306 2.842 120.460 3.034
202309 3.048 121.740 3.220
202312 3.273 121.170 3.474
202403 3.208 122.590 3.365
202406 3.455 123.120 3.609
202409 3.835 123.300 4.000
202412 4.163 122.430 4.373
202503 3.955 124.210 4.095
202506 3.929 125.820 4.016
202509 3.688 126.570 3.747
202512 3.685 126.180 3.756
202603 3.680 127.160 3.722
202606 3.591 128.600 3.591

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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 Globant (BSP:G1LO34) Overvalued in 2026?

Based on GuruFocus' analysis, Globant stock appears to be undervalued. The current stock price of R$9.31 is trading 78.8% below its estimated GF Value™ of R$43.99. GuruFocus considers Globant to be Significantly Undervalued.

Key valuation signals for BSP:G1LO34:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: R$43.99 vs. price of R$9.31 (78.8% below fair value)
  • GF Score™: 63/100 with 7 warning signs

No single metric tells the full story. See the BSP:G1LO34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Globant Business Description

Address 37A, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855
Globant is a next-generation IT services company that primarily assists clients with their digital transformation efforts by creating customized software for them. The company was founded in 2003 in Argentina but is currently headquartered in Luxembourg and primarily serves clients in the US and Latin America. Globant's client base is relatively concentrated in the media and entertainment and financial services industries.
63GF Score

Get the complete analysis for BSP:G1LO34

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

R$9.31
Price
R$43.99
GF Value