GLOB (Globant) Shiller PE Ratio: 16.17 (As of Aug. 23, 2026) — 83% Below Median

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GLOB Globant SA GLOB
79 GF Score
Price $39.62
GF Value $171.98
Valuation Significantly Undervalued
! 6 Warning Signs
View Full Analysis

What is Globant Shiller PE Ratio?

Globant GLOB -0.03% 79 Shiller PE Ratio is 16.17 as of Aug. 23, 2026, which is 83% below its 10-year median of 95.58. GuruFocus rates GLOB with a GF Score™ of 79/100 and a GF Value™ of $171.98 (Significantly Undervalued). The stock has 6 warning signs investors should review. Among 1,022 Software companies, Globant ranks better than 72.31% on this metric.

As of today (2026-08-23), Globant's current share price is $39.62. Globant's E10 for the quarter that ended in Jun. 2026 was $2.45. Globant's Shiller PE Ratio for today is 16.17.

The historical rank and industry rank for Globant's Shiller PE Ratio or its related term are showing as below:

GLOB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 12.23   Med: 95.58   Max: 171.38
Current: 16.19

During the past years, Globant's highest Shiller PE Ratio was 171.38. The lowest was 12.23. And the median was 95.58.

GLOB's Shiller PE Ratio is ranked better than
72.31% of 1022 companies
in the Software industry
Industry Median: 27.49 vs GLOB: 16.19

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio 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 Jun. 2026 was $0.040. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $2.45 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Globant  (NYSE:GLOB) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Globant Shiller PE Ratio Related Terms


Globant Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Globant's Shiller PE Ratio 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.

Globant Shiller PE Ratio Chart

Globant Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 110.24 125.70 97.85 27.54

Globant Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE Ratio 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 40.18 24.75 27.54 18.84 11.82

GLOB vs CNXC, BBAI, MGRT: Shiller PE Ratio Comparison

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 Shiller PE Ratio vs 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.


GLOB
79GF Score
Globant SA GLOB
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globant Shiller PE Ratio Calculation

For Shiller PE Ratio, 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 PE Ratio is also called PE10.

The Shiller PE Ratio 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 PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=39.62/2.45
=16.17

* 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's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Globant's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=0.04/128.6000*128.6000
=0.040

Current CPI (Jun. 2026) = 128.6000.

Globant Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.270 100.750 0.345
201612 0.290 101.040 0.369
201703 0.250 101.780 0.316
201706 0.060 102.170 0.076
201709 0.220 102.520 0.276
201712 0.340 102.410 0.427
201803 0.280 102.900 0.350
201806 0.390 103.650 0.484
201809 0.420 104.580 0.516
201812 0.310 104.320 0.382
201903 0.320 105.140 0.391
201906 0.360 105.550 0.439
201909 0.400 105.900 0.486
201912 0.350 106.080 0.424
202003 0.350 106.040 0.424
202006 0.260 106.340 0.314
202009 0.300 106.620 0.362
202012 0.460 106.670 0.555
202103 0.530 108.140 0.630
202106 0.480 108.680 0.568
202109 0.600 109.470 0.705
202112 0.680 111.090 0.787
202203 0.860 114.780 0.964
202206 0.870 116.750 0.958
202209 0.840 117.000 0.923
202212 0.910 117.060 1.000
202303 0.840 118.910 0.908
202306 0.850 120.460 0.907
202309 0.980 121.740 1.035
202312 0.960 121.170 1.019
202403 1.020 122.590 1.070
202406 0.870 123.120 0.909
202409 0.980 123.300 1.022
202412 0.850 122.430 0.893
202503 0.680 124.210 0.704
202506 -0.050 125.820 -0.051
202509 0.730 126.570 0.742
202512 0.930 126.180 0.948
202603 0.850 127.160 0.860
202606 0.040 128.600 0.040

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

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 16.17 mean?
Globant (GLOB) has a Shiller PE Ratio of 16.17 as of Aug. 23, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Globant and its competitors. This is 83% below median its historical median of 95.58. Over the past decade, Globant's Shiller PE Ratio has ranged from 12.23 to 171.38. According to the industry distribution chart, Globant ranks #283 out of 1022 companies in the Software industry, placing it in the top 27.7%.
Is Globant's Shiller PE Ratio too high?
Globant's current Shiller PE Ratio of 16.17 is 83% below median its 10-year median of 95.58. Over the past 10 years, this metric has ranged from a low of 12.23 to a high of 171.38. The Software industry median Shiller PE Ratio is 27.49. Globant's value of 16.17 is 41.2% below this industry median. Based on the distribution chart, Globant ranks #283 out of 1022 companies in the Software industry, which is above the industry midpoint. Overall, Globant has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Globant's Shiller PE Ratio compare to CNXC and BBAI?
According to the Software industry distribution chart, Globant ranks #283 out of 1022 companies for Shiller PE Ratio. This puts Globant in the upper half of its industry. The industry median Shiller PE Ratio is 27.49. Globant's value of 16.17 is 41.2% below this benchmark. Historically, Globant's own Shiller PE Ratio has ranged from 12.23 to 171.38 over the past decade. While the company's 10-year median is 95.58 vs. the industry median of 27.49, Globant has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shiller PE Ratio for a Software company?
The median Shiller PE Ratio among Software companies is 27.49, based on 1,022 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Globant's current Shiller PE Ratio of 16.17 is 41.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Globant and its competitors. For the Software industry, the median Shiller PE Ratio is 27.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Globant's current Shiller PE Ratio is 16.17, which is 83% below median its own 10-year median of 95.58. 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 (GLOB) is currently considered Significantly Undervalued. The stock's GF Value™ is $171.98, compared to a current price of $39.62 — trading 77% below its estimated fair value. The current Shiller PE Ratio is 16.17, which is 83% below median its 10-year median of 95.58 and 41.2% below the Software industry median of 27.49. Globant's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Globant (GLOB), the current Shiller PE Ratio is 16.17 as of Aug. 23, 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 (GLOB) Overvalued in 2026?

Based on GuruFocus' analysis, Globant stock appears to be undervalued. The current stock price of $39.62 is trading 77% below its estimated GF Value™ of $171.98. GuruFocus considers Globant to be Significantly Undervalued.

Key valuation signals for GLOB:

  • Shiller PE Ratio: 16.17 (83% below median its 10-year median of 95.58)
  • GF Value™: $171.98 vs. price of $39.62 (77% below fair value)
  • GF Score™: 79/100 with 6 warning signs
  • Industry Position: 41.2% below the Software median (#283 of 1022)

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


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.
79GF Score

Get the complete analysis for GLOB

Shiller PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$39.62
Price
$171.98
GF Value