Globant Price To Book Ratio from 2010 to 2024

GLOB Stock  USD 227.76  1.79  0.78%   
Globant SA's Price To Book Ratio is decreasing over the years with stable fluctuation. Price To Book Ratio is expected to dwindle to 5.53. Price To Book Ratio is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. View All Fundamentals
 
Price To Book Ratio  
First Reported
2010-12-31
Previous Quarter
5.8613615
Current Value
5.53
Quarterly Volatility
1.9254331
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Globant SA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Globant SA's main balance sheet or income statement drivers, such as Depreciation And Amortization of 146.9 M, Interest Expense of 13.5 M or Selling General Administrative of 398.4 M, as well as many indicators such as Price To Sales Ratio of 3.88, Dividend Yield of 8.0E-4 or PTB Ratio of 5.53. Globant financial statements analysis is a perfect complement when working with Globant SA Valuation or Volatility modules.
  
Check out the analysis of Globant SA Correlation against competitors.
For information on how to trade Globant Stock refer to our How to Trade Globant Stock guide.

Latest Globant SA's Price To Book Ratio Growth Pattern

Below is the plot of the Price To Book Ratio of Globant SA over the last few years. It is a ratio used to compare a firm's market value to its book value, calculated by dividing the current closing price of the stock by the latest quarter's book value per share. Globant SA's Price To Book Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Globant SA's overall financial position and show how it may be relating to other accounts over time.
Price To Book Ratio10 Years Trend
Pretty Stable
   Price To Book Ratio   
       Timeline  

Globant Price To Book Ratio Regression Statistics

Arithmetic Mean7.06
Geometric Mean6.81
Coefficient Of Variation27.26
Mean Deviation1.72
Median6.32
Standard Deviation1.93
Sample Variance3.71
Range6.0613
R-Value(0.22)
Mean Square Error3.80
R-Squared0.05
Significance0.43
Slope(0.09)
Total Sum of Squares51.90

Globant Price To Book Ratio History

2024 5.53
2023 5.86
2022 4.68
2021 9.85
2020 9.52
2019 8.84

About Globant SA Financial Statements

Globant SA stakeholders use historical fundamental indicators, such as Globant SA's Price To Book Ratio, to determine how well the company is positioned to perform in the future. Although Globant SA investors may analyze each financial statement separately, they are all interrelated. For example, changes in Globant SA's assets and liabilities are reflected in the revenues and expenses on Globant SA's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Globant SA. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price To Book Ratio 5.86  5.53 

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Globant SA offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Globant SA's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Globant Sa Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Globant Sa Stock:
Check out the analysis of Globant SA Correlation against competitors.
For information on how to trade Globant Stock refer to our How to Trade Globant Stock guide.
You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Globant SA. If investors know Globant will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Globant SA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.024
Earnings Share
3.85
Revenue Per Share
53.121
Quarterly Revenue Growth
0.181
Return On Assets
0.0609
The market value of Globant SA is measured differently than its book value, which is the value of Globant that is recorded on the company's balance sheet. Investors also form their own opinion of Globant SA's value that differs from its market value or its book value, called intrinsic value, which is Globant SA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Globant SA's market value can be influenced by many factors that don't directly affect Globant SA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Globant SA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Globant SA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Globant SA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.