Globant
GLOB
#1876
Rank
$7.26 B
Marketcap
$171.18
Share price
-1.79%
Change (1 day)
-14.31%
Change (1 year)

P/E ratio for Globant (GLOB)

P/E ratio as of June 2023 (TTM): 47.9

According to Globant's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 47.8806. At the end of 2021 the company had a P/E ratio of 135.

P/E ratio history for Globant from 2014 to 2022

PE ratio at the end of each year

Year P/E ratio Change
2021135-12.65%
2020154113.93%
201972.184.46%
201839.1-24.24%
201751.665.62%
201631.2-23.55%
201540.898.37%
201420.6

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
-46.2-196.47%๐Ÿ‡บ๐Ÿ‡ธ USA
107 122.44%๐Ÿ‡บ๐Ÿ‡ธ USA
43.8-8.48%๐Ÿ‡บ๐Ÿ‡ธ USA
N/AN/A๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.