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Globant (FRA:2G2) Cyclically Adjusted PS Ratio : 8.91 (As of Dec. 14, 2024)


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What is Globant Cyclically Adjusted PS Ratio?

As of today (2024-12-14), Globant's current share price is €208.30. Globant's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 was €23.38. Globant's Cyclically Adjusted PS Ratio for today is 8.91.

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

FRA:2G2' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 6.42   Med: 9.42   Max: 17.06
Current: 8.29

During the past years, Globant's highest Cyclically Adjusted PS Ratio was 17.06. The lowest was 6.42. And the median was 9.42.

FRA:2G2's Cyclically Adjusted PS Ratio is ranked worse than
82.67% of 1298 companies
in the Software industry
Industry Median: 2.27 vs FRA:2G2: 8.29

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Globant's adjusted revenue per share data for the three months ended in Sep. 2024 was €12.462. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €23.38 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Globant Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

Globant Cyclically Adjusted PS Ratio Chart

Globant Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 9.48 10.52

Globant Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.17 10.52 8.41 7.06 7.48

Competitive Comparison of Globant's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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.



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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=208.30/23.38
=8.91

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Globant's adjusted Revenue per Share data for the three months ended in Sep. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=12.462/123.3000*123.3000
=12.462

Current CPI (Sep. 2024) = 123.3000.

Globant Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201412 1.317 98.830 1.643
201503 1.461 99.980 1.802
201506 1.547 100.640 1.895
201509 1.702 100.380 2.091
201512 1.866 99.910 2.303
201603 1.873 100.030 2.309
201606 2.019 100.660 2.473
201609 2.069 100.750 2.532
201612 2.319 101.040 2.830
201703 2.332 101.780 2.825
201706 2.460 102.170 2.969
201709 2.538 102.520 3.052
201712 2.696 102.410 3.246
201803 2.656 102.900 3.183
201806 2.986 103.650 3.552
201809 3.134 104.580 3.695
201812 3.341 104.320 3.949
201903 3.466 105.140 4.065
201906 3.706 105.550 4.329
201909 4.112 105.900 4.788
201912 4.375 106.080 5.085
202003 4.551 106.040 5.292
202006 4.186 106.340 4.854
202009 4.309 106.620 4.983
202012 4.673 106.670 5.402
202103 5.514 108.140 6.287
202106 6.081 108.680 6.899
202109 6.787 109.470 7.644
202112 7.874 111.090 8.739
202203 8.527 114.780 9.160
202206 9.493 116.750 10.026
202209 10.806 117.000 11.388
202212 10.740 117.060 11.313
202303 10.205 118.910 10.582
202306 10.588 120.460 10.838
202309 11.701 121.740 11.851
202312 12.089 121.170 12.302
202403 11.921 122.590 11.990
202406 12.322 123.120 12.340
202409 12.462 123.300 12.462

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.


Globant  (FRA:2G2) 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

Thank you for viewing the detailed overview of Globant's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Globant Business Description

Industry
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.

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