Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Globant's share price for the quarter that ended in Mar. 2026 was MXN805. Globant's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 43 Mil. Therefore, Globant's market cap for the quarter that ended in Mar. 2026 was MXN34,760 Mil.
Globant's quarterly market cap
increased
from Sep. 2025 (MXN48,055 Mil) to Dec. 2025 (MXN53,699 Mil) but then
declined
from Dec. 2025 (MXN53,699 Mil) to Mar. 2026 (MXN34,760 Mil).
Globant's annual market cap
increased
from Dec. 2023 (MXN137,107 Mil) to Dec. 2024 (MXN140,108 Mil) but then
declined
from Dec. 2024 (MXN140,108 Mil) to Dec. 2025 (MXN53,699 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Globant's Enterprise Value for Today is MXN27,766 Mil.
Globant (MEX:GLOBN) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Globant Market Cap Related Terms
Globant Market Cap Historical Data
* Premium members only.
The historical data trend for Globant's Market Cap 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.
MEX:GLOBN vs CNXC, DXC, CLVT: Market Cap Comparison
For the Information Technology Services subindustry, Globant's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Software Industry
For the Software industry and Technology sector, Globant's Market Cap distribution charts can be found below:
* The bar in red indicates where Globant's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Globant's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (MEX:GLOBN) has a Market Cap of MXN22,080 Mil as of Jun. 25, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Globant and its competitors. According to the industry distribution chart, Globant ranks #429 out of 2927 companies in the Software industry, placing it in the top 14.7%.
Is Globant's Market Cap too high?
Globant's current Market Cap is MXN22,080 Mil. Based on the distribution chart, Globant ranks #429 out of 2927 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Globant has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Globant's Market Cap compare to CNXC and DXC?
According to the Software industry distribution chart, Globant ranks #429 out of 2927 companies for Market Cap. This places Globant in the top 15% of its industry — outperforming the majority of peers. The industry median Market Cap is 65.54. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Software company?
The median Market Cap among Software companies is 65.54, based on 2,927 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Globant and its competitors. For the Software industry, the median Market Cap is 65.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globant's current Market Cap is MXN22,080 Mil. 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 (MEX:GLOBN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN3,729.08, compared to a current price of MXN517.00 — trading 86.1% below its estimated fair value. The current Market Cap is MXN22,080 Mil. Globant's overall GF Score™ is 86/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Globant (MEX:GLOBN), the current Market Cap is MXN22,080 Mil as of Jun. 25, 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 (MEX:GLOBN) Overvalued in 2026?
Based on GuruFocus' analysis, Globant stock appears to be undervalued.
The current stock price of MXN517.00 is trading 86.1% below its estimated GF Value™ of MXN3,729.08.
GuruFocus considers Globant to be Significantly Undervalued.
Key valuation signals for MEX:GLOBN:
Market Cap: MXN22,080 Mil
GF Value™: MXN3,729.08 vs. price of MXN517.00 (86.1% below fair value)
No single metric tells the full story. See the MEX:GLOBN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
86GF Score
Get the complete analysis for MEX:GLOBN
Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:GLOBN has been successfully added to your 
