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GLOB (Globant) E10 : $2.26 (As of Mar. 2025)


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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 Mar. 2025 was $0.680. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $2.26 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Globant's average E10 Growth Rate was 13.00% 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 (2025-07-23), Globant's current stock price is $90.24. Globant's E10 for the quarter that ended in Mar. 2025 was $2.26. Globant's Shiller PE Ratio of today is 39.93.

During the past 13 years, the highest Shiller PE Ratio of Globant was 171.38. The lowest was 37.32. And the median was 103.02.


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 - - 1.53 1.89 2.19

Globant Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.00 2.08 2.15 2.19 2.26

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.


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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. 2025 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=0.68/124.2100*124.2100
=0.680

Current CPI (Mar. 2025) = 124.2100.

Globant Quarterly Data

per share eps CPI Adj_EPS
201506 0.220 100.640 0.272
201509 0.230 100.380 0.285
201512 0.240 99.910 0.298
201603 0.230 100.030 0.286
201606 0.250 100.660 0.308
201609 0.270 100.750 0.333
201612 0.290 101.040 0.357
201703 0.250 101.780 0.305
201706 0.060 102.170 0.073
201709 0.220 102.520 0.267
201712 0.340 102.410 0.412
201803 0.280 102.900 0.338
201806 0.390 103.650 0.467
201809 0.420 104.580 0.499
201812 0.310 104.320 0.369
201903 0.320 105.140 0.378
201906 0.360 105.550 0.424
201909 0.400 105.900 0.469
201912 0.350 106.080 0.410
202003 0.350 106.040 0.410
202006 0.260 106.340 0.304
202009 0.300 106.620 0.349
202012 0.460 106.670 0.536
202103 0.530 108.140 0.609
202106 0.480 108.680 0.549
202109 0.600 109.470 0.681
202112 0.680 111.090 0.760
202203 0.860 114.780 0.931
202206 0.870 116.750 0.926
202209 0.840 117.000 0.892
202212 0.910 117.060 0.966
202303 0.840 118.910 0.877
202306 0.850 120.460 0.876
202309 0.980 121.740 1.000
202312 0.960 121.170 0.984
202403 1.020 122.590 1.033
202406 0.870 123.120 0.878
202409 0.980 123.300 0.987
202412 0.850 122.430 0.862
202503 0.680 124.210 0.680

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


Globant  (NYSE: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
=90.24/2.26
=39.93

* 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 37.32. And the median was 103.02.


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

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.