GTLB (GitLab) EV-to-EBITDA: -121.31 (As of Aug. 03, 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.

GTLB GitLab Inc GTLB
72 GF Score
Price $35.59
GF Value $77.55
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is GitLab EV-to-EBITDA?

GitLab GTLB +3.12% 72 EV-to-EBITDA is -121.31 as of Aug. 03, 2026. GuruFocus rates GTLB with a GF Score™ of 72/100 and a GF Value™ of $77.55 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,960 Software companies, GitLab ranks worse than 51020.36% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, GitLab's enterprise value is $4,797 Mil. GitLab's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was $-40 Mil. Therefore, GitLab's EV-to-EBITDA for today is -121.31.

The historical rank and industry rank for GitLab's EV-to-EBITDA or its related term are showing as below:

GTLB' s EV-to-EBITDA Range Over the Past 10 Years
Min: -123.85   Med: -45.24   Max: -14.39
Current: -121.31

During the past 7 years, the highest EV-to-EBITDA of GitLab was -14.39. The lowest was -123.85. And the median was -45.24.

GTLB's EV-to-EBITDA is ranked worse than
100% of 1960 companies
in the Software industry
Industry Median: 10.375 vs GTLB: -121.31

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-03), GitLab's stock price is $35.585. GitLab's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was $-0.160. Therefore, GitLab's PE Ratio (TTM) for today is At Loss.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


GitLab  (NAS:GTLB) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

GitLab's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=35.585/-0.160
=At Loss

GitLab's share price for today is $35.585.
GitLab's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.160.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


GitLab EV-to-EBITDA Related Terms


GitLab EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for GitLab's EV-to-EBITDA 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.

GitLab EV-to-EBITDA Chart

GitLab Annual Data
Trend Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
EV-to-EBITDA
Get a 7-Day Free Trial -66.47 -32.00 -56.46 -83.35 -80.07

GitLab Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
EV-to-EBITDA 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 -59.25 -68.86 -95.57 -80.07 -61.39

GTLB vs VRNS, DOX, PATH: EV-to-EBITDA Comparison

For the Software - Infrastructure subindustry, GitLab's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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.


GitLab EV-to-EBITDA vs Software Industry

For the Software industry and Technology sector, GitLab's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where GitLab's EV-to-EBITDA falls into.


GTLB
72GF Score
GitLab Inc GTLB
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GitLab EV-to-EBITDA Calculation

GitLab's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=4796.781/-39.541
=-121.31

GitLab's current Enterprise Value is $4,797 Mil.
GitLab's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-40 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of -121.31 mean?
GitLab (GTLB) has a EV-to-EBITDA of -121.31 as of Aug. 03, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on GitLab. According to the industry distribution chart, GitLab ranks #999999 out of 1960 companies in the Software industry.
Is GitLab's EV-to-EBITDA too high?
GitLab's current EV-to-EBITDA is -121.31. Based on the distribution chart, GitLab ranks #999999 out of 1960 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, GitLab has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GitLab's EV-to-EBITDA compare to VRNS and DOX?
According to the Software industry distribution chart, GitLab ranks #999999 out of 1960 companies for EV-to-EBITDA. This places GitLab in the lower half of its industry. The industry median EV-to-EBITDA is 10.38. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Software company?
The median EV-to-EBITDA among Software companies is 10.38, based on 1,960 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on GitLab. For the Software industry, the median EV-to-EBITDA is 10.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GitLab's current EV-to-EBITDA is -121.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GitLab stock overvalued right now?
Based on GuruFocus' analysis, GitLab (GTLB) is currently considered Significantly Undervalued. The stock's GF Value™ is $77.55, compared to a current price of $35.59 — trading 54.1% below its estimated fair value. The current EV-to-EBITDA is -121.31. GitLab's overall GF Score™ is 72/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For GitLab (GTLB), the current EV-to-EBITDA is -121.31 as of Aug. 03, 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 GitLab (GTLB) Overvalued in 2026?

Based on GuruFocus' analysis, GitLab stock appears to be undervalued. The current stock price of $35.59 is trading 54.1% below its estimated GF Value™ of $77.55. GuruFocus considers GitLab to be Significantly Undervalued.

Key valuation signals for GTLB:

  • EV-to-EBITDA: -121.31
  • GF Value™: $77.55 vs. price of $35.59 (54.1% below fair value)
  • GF Score™: 72/100 with 1 warning sign

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


GitLab Business Description

Address 268 Bush Street, Suite 350, San Francisco, CA, USA, 94104-3503
GitLab Inc operates on an all-remote model. GitLab is a complete DevSecOps platform delivered as a single application. It operates in two competitive landscapes: DevOps point solutions and DevOps platforms. In terms of point solutions that are stitched together, GitLab's offering is substantially different in that it is one platform, one codebase, one interface, and a unified data model that spans the entire DevSecOps lifecycle. DevOps platforms, the principal competitor is Microsoft Corporation, following their acquisition of GitHub. GitLab is offered on both self-managed and software-as-a-service (SaaS) models. It is located in the United States, Europe, & the Asia Pacific. It focused on accelerating innovation & broadening the distribution of its platform to companies across the world.
72GF Score

Get the complete analysis for GTLB

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

$35.59
Price
$77.55
GF Value