Globant (GLOB) - P/B ratio

P/B ratio as of July 2024 : 4.61

According to Globant's latest financial reports the company has a price-to-book ratio of 4.61.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Globant - P/B ratio (from 2014 to 2024)

P/B ratio by year

Year	P/B ratio	Change
2024-12-31	N/A	-100%
2023-12-31	5.65	25.21%
2022-12-31	4.51	-54.55%
2021-12-31	9.93	1.53%
2020-12-31	9.78	9.49%
2019-12-31	8.94	49.06%
2018-12-31	5.99	-3.19%
2017-12-31	6.19	12.24%
2016-12-31	5.52	-31.13%
2015-12-31	8.01	94.55%
2014-12-31	4.12
2013-12-31	N/A

P/B ratio for similar companies or competitors

Company	P/B ratio	differencediff.	Country
Workiva WK	-48.9	-1,160.56%	🇺🇸 USA
Qualys QLYS	13.4	189.60%	🇺🇸 USA
SPS Commerce SPSC	11.4	148.13%	🇺🇸 USA

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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