GitLabMEX:GTLB 54 Market Cap is MXN86,014 Mil as of Jun. 28, 2026. GuruFocus rates MEX:GTLB with a GF Score™ of 54/100 and a GF Value™ of MXN1,424.24 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 2,929 Software companies, GitLab ranks better than 94.4% on this metric.
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). GitLab's share price for the quarter that ended in Apr. 2026 was MXN383. GitLab's Shares Outstanding (EOP) for the quarter that ended in Apr. 2026 was 169 Mil. Therefore, GitLab's market cap for the quarter that ended in Apr. 2026 was MXN64,675 Mil.
GitLab's quarterly market cap
declined
from Oct. 2025 (MXN151,474 Mil) to Jan. 2026 (MXN100,340 Mil) and
declined
from Jan. 2026 (MXN100,340 Mil) to Apr. 2026 (MXN64,675 Mil).
GitLab's annual market cap
increased
from Jan. 2024 (MXN0 Mil) to Jan. 2025 (MXN234,396 Mil) but then
declined
from Jan. 2025 (MXN234,396 Mil) to Jan. 2026 (MXN100,340 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. GitLab's Enterprise Value for Today is MXN64,743 Mil.
GitLab (MEX:GTLB) 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.
GitLab Market Cap Related Terms
GitLab Market Cap Historical Data
* Premium members only.
The historical data trend for GitLab'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:GTLB vs BLSH, WEX, NTSK: Market Cap Comparison
For the Software - Infrastructure subindustry, GitLab'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.
GitLab Market Cap vs Software Industry
For the Software industry and Technology sector, GitLab's Market Cap distribution charts can be found below:
* The bar in red indicates where GitLab'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.
GitLab's Market Cap for the fiscal year that ended in Jan. 2026 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.
GitLab (MEX:GTLB) has a Market Cap of MXN86,014 Mil as of Jun. 28, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on GitLab and its competitors. According to the industry distribution chart, GitLab ranks #164 out of 2929 companies in the Software industry, placing it in the top 5.6%.
Is GitLab's Market Cap too high?
GitLab's current Market Cap is MXN86,014 Mil. Based on the distribution chart, GitLab ranks #164 out of 2929 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, GitLab has a GF Score™ of 54/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GitLab's Market Cap compare to BLSH and WEX?
According to the Software industry distribution chart, GitLab ranks #164 out of 2929 companies for Market Cap. This places GitLab in the top 6% of its industry — outperforming the majority of peers. The industry median Market Cap is 65.87. 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 65.87, based on 2,929 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 GitLab and its competitors. For the Software industry, the median Market Cap is 65.87 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GitLab's current Market Cap is MXN86,014 Mil. 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 (MEX:GTLB) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN1,424.24, compared to a current price of MXN541.00 — trading 62% below its estimated fair value. The current Market Cap is MXN86,014 Mil. GitLab's overall GF Score™ is 54/100 with 1 warning sign 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 GitLab (MEX:GTLB), the current Market Cap is MXN86,014 Mil as of Jun. 28, 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 (MEX:GTLB) Overvalued in 2026?
Based on GuruFocus' analysis, GitLab stock appears to be undervalued.
The current stock price of MXN541.00 is trading 62% below its estimated GF Value™ of MXN1,424.24.
GuruFocus considers GitLab to be Significantly Undervalued.
Key valuation signals for MEX:GTLB:
Market Cap: MXN86,014 Mil
GF Value™: MXN1,424.24 vs. price of MXN541.00 (62% below fair value)
No single metric tells the full story. See the MEX:GTLB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
54GF Score
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