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Globant (BUE:GLOB) E10 : ARS146.57 (As of Dec. 2024)


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What is Globant E10?

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 Dec. 2024 was ARS858.500. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is ARS146.57 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Globant's average E10 Growth Rate was 15.90% 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.

As of today (2025-03-24), Globant's current stock price is ARS9360.00. Globant's E10 for the quarter that ended in Dec. 2024 was ARS146.57. Globant's Shiller PE Ratio of today is 63.86.

During the past 13 years, the highest Shiller PE Ratio of Globant was 171.38. The lowest was 58.94. And the median was 105.48.


Globant E10 Historical Data

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.

* Premium members only.

Globant E10 Chart

Globant Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 30.66 75.10 146.57

Globant Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 75.10 121.71 156.21 146.76 146.57

Competitive Comparison of Globant's E10

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's Shiller PE Ratio Distribution in the 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.



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 Dec. 2024 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=858.5/122.4300*122.4300
=858.500

Current CPI (Dec. 2024) = 122.4300.

Globant Quarterly Data

per share eps CPI Adj_EPS
201503 1.940 99.980 2.376
201506 1.999 100.640 2.432
201509 2.163 100.380 2.638
201512 3.106 99.910 3.806
201603 3.359 100.030 4.111
201606 3.495 100.660 4.251
201609 4.028 100.750 4.895
201612 4.597 101.040 5.570
201703 3.854 101.780 4.636
201706 0.989 102.170 1.185
201709 3.855 102.520 4.604
201712 6.492 102.410 7.761
201803 5.642 102.900 6.713
201806 9.727 103.650 11.489
201809 15.456 104.580 18.094
201812 11.689 104.320 13.718
201903 12.509 105.140 14.566
201906 16.084 105.550 18.656
201909 22.370 105.900 25.862
201912 20.921 106.080 24.146
202003 21.724 106.040 25.082
202006 17.800 106.340 20.493
202009 22.272 106.620 25.575
202012 37.435 106.670 42.966
202103 47.742 108.140 54.051
202106 45.470 108.680 51.223
202109 58.668 109.470 65.614
202112 68.673 111.090 75.683
202203 92.340 114.780 98.494
202206 104.687 116.750 109.780
202209 116.718 117.000 122.135
202212 152.561 117.060 159.560
202303 165.942 118.910 170.854
202306 204.000 120.460 207.336
202309 342.951 121.740 344.895
202312 346.560 121.170 350.164
202403 859.350 122.590 858.228
202406 779.085 123.120 774.719
202409 931.490 123.300 924.917
202412 858.500 122.430 858.500

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


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
=9360.00/146.57
=63.86

* 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 58.94. And the median was 105.48.


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

Thank you for viewing the detailed overview of Globant's E10 provided by GuruFocus.com. Please click on the following links to see related term pages.


Globant Business Description

Traded in Other Exchanges
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.