Globant (BUE:GLOB) E10: ARS199.34 (As of Mar. 2026)


BUE:GLOB Globant SA BUE:GLOB
82 GF Score
Price ARS2,382.00
GF Value ARS18,044.96
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Globant E10?

Globant BUE:GLOB -5.48% 82 E10 is ARS199.34 as of Mar. 2026. GuruFocus rates BUE:GLOB with a GF Score™ of 82/100 and a GF Value™ of ARS18,044.96 (Significantly Undervalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Globant's adjusted earnings per share data for the three months ended in Mar. 2026 was ARS1,188.508. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ARS199.34 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Globant's average E10 Growth Rate was 7.50% per year. During the past 3 years, the average E10 Growth Rate was 15.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Globant was 15.70% per year. The lowest was 15.70% per year. And the median was 15.70% per year.

As of today (2026-06-26), Globant's current stock price is ARS2382.00. Globant's E10 for the quarter that ended in Mar. 2026 was ARS199.34. Globant's Shiller PE Ratio of today is 11.95.

During the past 13 years, the highest Shiller PE Ratio of Globant was 171.38. The lowest was 11.41. And the median was 97.04.


Globant  (BUE:GLOB) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Globant's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2382.00/199.34
=11.95

* 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.

During the past 13 years, the highest Shiller P/E Ratio of Globant was 171.38. The lowest was 11.41. And the median was 97.04.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Globant E10 Related Terms


Globant E10 Historical Data

* Premium members only.

The historical data trend for Globant's E10 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 E10 Chart

Globant Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 30.66 75.10 146.57 202.85

Globant Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 165.10 152.76 199.43 202.85 199.34

BUE:GLOB vs CNXC, DXC, CLVT: E10 Comparison

For the Information Technology Services subindustry, Globant's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Software Industry

For the Software industry and Technology sector, Globant's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Globant's Shiller PE Ratio falls into.


BUE:GLOB
82GF Score
Globant SA BUE:GLOB
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globant E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

For example, Globant's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1188.508/126.1800*126.1800
=1,188.508

Current CPI (Mar. 2026) = 126.1800.

Globant Quarterly Data

per share eps CPI Adj_EPS
201606 3.495 100.660 4.381
201609 4.028 100.750 5.045
201612 4.597 101.040 5.741
201703 3.854 101.780 4.778
201706 0.989 102.170 1.221
201709 3.855 102.520 4.745
201712 6.492 102.410 7.999
201803 5.642 102.900 6.918
201806 9.727 103.650 11.841
201809 15.456 104.580 18.648
201812 11.689 104.320 14.138
201903 12.509 105.140 15.012
201906 16.084 105.550 19.228
201909 22.370 105.900 26.654
201912 20.921 106.080 24.885
202003 21.724 106.040 25.850
202006 17.800 106.340 21.121
202009 22.272 106.620 26.358
202012 37.435 106.670 44.282
202103 47.742 108.140 55.706
202106 45.470 108.680 52.792
202109 58.668 109.470 67.623
202112 68.673 111.090 78.001
202203 92.340 114.780 101.511
202206 104.687 116.750 113.143
202209 116.718 117.000 125.876
202212 152.561 117.060 164.447
202303 165.942 118.910 176.087
202306 204.000 120.460 213.687
202309 342.951 121.740 355.459
202312 346.560 121.170 360.889
202403 859.350 122.590 884.516
202406 779.085 123.120 798.448
202409 931.490 123.300 953.247
202412 858.500 122.430 884.796
202503 724.905 124.210 736.402
202506 -59.362 125.820 -59.532
202509 991.349 126.570 988.294
202512 1,349.885 126.180 1,349.885
202603 1,188.508 126.180 1,188.508

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of ARS199.34 mean?
Globant (BUE:GLOB) has a E10 of ARS199.34 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Globant and its competitors.
Is Globant's E10 too high?
Globant's current E10 is ARS199.34. Overall, Globant has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Globant's E10 compare to CNXC and DXC?
Globant's E10 of ARS199.34 can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Software company?
A good E10 depends on the Software industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Globant and its competitors. Globant's current E10 is ARS199.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globant stock overvalued right now?
Based on GuruFocus' analysis, Globant (BUE:GLOB) is currently considered Significantly Undervalued. The stock's GF Value™ is ARS18,044.96, compared to a current price of ARS2,382.00 — trading 86.8% below its estimated fair value. The current E10 is ARS199.34. Globant's overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Globant (BUE:GLOB), the current E10 is ARS199.34 as of Mar. 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 Globant (BUE:GLOB) Overvalued in 2026?

Based on GuruFocus' analysis, Globant stock appears to be undervalued. The current stock price of ARS2,382.00 is trading 86.8% below its estimated GF Value™ of ARS18,044.96. GuruFocus considers Globant to be Significantly Undervalued.

Key valuation signals for BUE:GLOB:

  • E10: ARS199.34
  • GF Value™: ARS18,044.96 vs. price of ARS2,382.00 (86.8% below fair value)
  • GF Score™: 82/100 with 6 warning signs

No single metric tells the full story. See the BUE:GLOB 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.
82GF Score

Get the complete analysis for BUE:GLOB

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS2,382.00
Price
ARS18,044.96
GF Value