Globe Telecom (PHS:GLO) PB Ratio : 1.77 (As of May. 16, 2024)

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What is Globe Telecom PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-16), Globe Telecom's share price is ₱1940.00. Globe Telecom's Book Value per Share for the quarter that ended in Dec. 2023 was ₱1,096.01. Hence, Globe Telecom's PB Ratio of today is 1.77.

The historical rank and industry rank for Globe Telecom's PB Ratio or its related term are showing as below:

PHS:GLO' s PB Ratio Range Over the Past 10 Years
Min: 1.55 Med: 3.85 Max: 7.54
Current: 1.77

During the past 13 years, Globe Telecom's highest PB Ratio was 7.54. The lowest was 1.55. And the median was 3.85.

PHS:GLO's PB Ratio is ranked worse than
50.14% of 361 companies
in the Telecommunication Services industry
Industry Median: 1.75 vs PHS:GLO: 1.77

During the past 12 months, Globe Telecom's average Book Value Per Share Growth Rate was 5.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 22.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 17.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 14.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Globe Telecom was 22.50% per year. The lowest was -10.70% per year. And the median was 7.90% per year.

Back to Basics: PB Ratio

Globe Telecom PB Ratio Historical Data

The historical data trend for Globe Telecom's PB 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.

* Premium members only.

Globe Telecom PB Ratio Chart

Globe Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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3.39

3.35

3.95

2.09

1.57

Globe Telecom Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
PB Ratio	Get a 7-Day Free Trial															2.09	1.74	1.59	1.63	1.57

Competitive Comparison of Globe Telecom's PB Ratio

For the Telecom Services subindustry, Globe Telecom's PB Ratio, along with its competitors' market caps and PB 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.

Globe Telecom's PB Ratio Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Globe Telecom's PB Ratio distribution charts can be found below:

* The bar in red indicates where Globe Telecom's PB Ratio falls into.

Globe Telecom PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Globe Telecom's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	1940.00	/	1096.009
	=	1.77

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Globe Telecom (PHS:GLO) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Globe Telecom PB Ratio Related Terms

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Globe Telecom (PHS:GLO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Globe Telecom Inc (PHS:GLO) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

GTMEY:USA

Address

32nd Street Corner 7th Avenue, 27th Floor, The Globe Tower, Bonifacio Global City, Taguig, PHL, 1634

Website

https://www.globe.com.ph

Globe Telecom Inc is a telecommunications company that provides mobile, voice, and broadband services. Its operating segments are Mobile Business, Fixed Line and Broadband Business. Mobile involves traditional mobile services and contributes the majority of company revenue. Within the mobile division, the majority of subscribers are considered prepaid customers. The other division, fixed-line and broadband, provides fixed-line voice services, corporate data, and Internet for its customers. The company generates the vast majority of its revenue in the Philippines.