GitLab (MEX:GTLB) ROE % Adjusted to Book Value: -0.54% (As of Apr. 2026)

GitLab MEX:GTLB 54 ROE % Adjusted to Book Value is -0.54% as of Apr. 2026. GuruFocus rates MEX:GTLB with a GF Score™ of 54/100 and a GF Value™ of MXN1,387.03 (Significantly Undervalued). The stock has 2 warning signs investors should review.

GitLab's ROE % for the quarter that ended in Apr. 2026 was -2.02%. GitLab's PB Ratio for the quarter that ended in Apr. 2026 was 3.75. GitLab's ROE % Adjusted to Book Value for the quarter that ended in Apr. 2026 was -0.54%.

GitLab ROE % Adjusted to Book Value Related Terms

GitLab ROE % Adjusted to Book Value Historical Data

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The historical data trend for GitLab's ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value Chart

GitLab Annual Data

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Jan20

Jan21

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Jan26

ROE % Adjusted to Book Value

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0.00

-0.07

-1.00

GitLab Quarterly Data
	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25	Jul25	Oct25	Jan26	Apr26
ROE % Adjusted to Book Value	Get a 7-Day Free Trial															-1.85	-0.47	-0.42	-0.18	-0.54

MEX:GTLB vs ACIW, WEX, ZETA: ROE % Adjusted to Book Value Comparison

For the Software - Infrastructure subindustry, GitLab's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value vs Software Industry

For the Software industry and Technology sector, GitLab's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where GitLab's ROE % Adjusted to Book Value falls into.

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GitLab Inc MEX:GTLB

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GitLab ROE % Adjusted to Book Value Calculation

GitLab's ROE % Adjusted to Book Value for the fiscal year that ended in Jan. 2026 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	-5.85%	/	5.84
	=	-1.00%

GitLab's ROE % Adjusted to Book Value for the quarter that ended in Apr. 2026 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	-2.02%	/	3.75
	=	-0.54%

Frequently Asked Questions Learn more about ROE % Adjusted to Book Value →

What does a ROE % Adjusted to Book Value of -0.54% mean?

GitLab (MEX:GTLB) has a ROE % Adjusted to Book Value of -0.54% as of Apr. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on GitLab and its competitors.

Is GitLab's ROE % Adjusted to Book Value too high?

GitLab's current ROE % Adjusted to Book Value is -0.54%. 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 ROE % Adjusted to Book Value compare to ACIW and WEX?

GitLab's ROE % Adjusted to Book Value of -0.54% can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROE % Adjusted to Book Value for a Software company?

A good ROE % Adjusted to Book Value depends on the Software industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?

A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on GitLab and its competitors. GitLab's current ROE % Adjusted to Book Value is -0.54%. 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 MXN1,387.03, compared to a current price of MXN541.00 — trading 61% below its estimated fair value. The current ROE % Adjusted to Book Value is -0.54%. GitLab's overall GF Score™ is 54/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROE % Adjusted to Book Value calculated?

ROE % Adjusted to Book Value is calculated from a company's financial statements. For GitLab (MEX:GTLB), the current ROE % Adjusted to Book Value is -0.54% as of Apr. 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 61% below its estimated GF Value™ of MXN1,387.03. GuruFocus considers GitLab to be Significantly Undervalued.

Key valuation signals for MEX:GTLB:

ROE % Adjusted to Book Value: -0.54%
GF Value™: MXN1,387.03 vs. price of MXN541.00 (61% below fair value)
GF Score™: 54/100 with 2 warning signs

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 Business Description

Industry Technology Software

Comparable Companies ACIW WEX ZETA RELY VRNS S PATH QLYS DOX NTSK MSFT ORCL PLTR PANW CRWD HKSE:02513 FTNT SNPS NET CRWV

Other Exchanges GTLB:USA 1GTLB:Italy 8K2:Germany

Address 268 Bush Street, Suite 350, San Francisco, CA, USA, 94104-3503

Website https://www.about.gitlab.com

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.

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MXN541.00

Price

MXN1,387.03

GF Value

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