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Globant (Globant) Cyclically Adjusted Revenue per Share : $24.02 (As of Mar. 2024)


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What is Globant Cyclically Adjusted Revenue per Share?

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Globant's adjusted revenue per share for the three months ended in Mar. 2024 was $12.958. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $24.02 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Globant's average Cyclically Adjusted Revenue Growth Rate was -100.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

As of today (2024-05-17), Globant's current stock price is $167.75. Globant's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $24.02. Globant's Cyclically Adjusted PS Ratio of today is 6.98.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Globant was 17.06. The lowest was 7.26. And the median was 9.88.


Globant Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Globant's Cyclically Adjusted Revenue per Share 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.

* Premium members only.

Globant Cyclically Adjusted Revenue per Share Chart

Globant Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 17.74 22.61

Globant Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 18.99 20.25 21.56 22.61 24.02

Competitive Comparison of Globant's Cyclically Adjusted Revenue per Share

For the Information Technology Services subindustry, Globant's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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's Cyclically Adjusted PS Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Globant's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Globant's Cyclically Adjusted PS Ratio falls into.



Globant Cyclically Adjusted Revenue per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

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.

For example, Globant's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=12.958/122.5900*122.5900
=12.958

Current CPI (Mar. 2024) = 122.5900.

Globant Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 1.482 99.960 1.818
201409 1.557 99.900 1.911
201412 1.624 98.830 2.014
201503 1.581 99.980 1.939
201506 1.737 100.640 2.116
201509 1.910 100.380 2.333
201512 2.033 99.910 2.494
201603 2.086 100.030 2.556
201606 2.269 100.660 2.763
201609 2.323 100.750 2.827
201612 2.446 101.040 2.968
201703 2.494 101.780 3.004
201706 2.764 102.170 3.316
201709 3.025 102.520 3.617
201712 3.191 102.410 3.820
201803 3.275 102.900 3.902
201806 3.489 103.650 4.127
201809 3.657 104.580 4.287
201812 3.801 104.320 4.467
201903 3.916 105.140 4.566
201906 4.187 105.550 4.863
201909 4.529 105.900 5.243
201912 4.862 106.080 5.619
202003 5.029 106.040 5.814
202006 4.714 106.340 5.434
202009 5.075 106.620 5.835
202012 5.684 106.670 6.532
202103 6.564 108.140 7.441
202106 7.327 108.680 8.265
202109 7.985 109.470 8.942
202112 8.898 111.090 9.819
202203 9.391 114.780 10.030
202206 10.035 116.750 10.537
202209 10.699 117.000 11.210
202212 11.378 117.060 11.916
202303 10.926 118.910 11.264
202306 11.471 120.460 11.674
202309 12.488 121.740 12.575
202312 13.183 121.170 13.337
202403 12.958 122.590 12.958

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Globant  (NYSE:GLOB) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Globant's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=167.75/24.02
=6.98

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Globant was 17.06. The lowest was 7.26. And the median was 9.88.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Globant Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of Globant's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Globant (Globant) Business Description

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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 U.S. and Latin America. Globant's client base is relatively concentrated in the media and entertainment and financial services industries.