IT Gartner PE ratio, current and historical analysis
The current PE ratio for Gartner stock as of Nov 21, 2024 is 38.01. This is calculated based on the current EPS of $13.66 and the stock price of $519.24 per share. The P/E ratio has decreased by 9% from the past four quarters average of 41.7.
IT PE ratio history
The average historical PE ratio of Gartner for the last ten years is 131.89. The current PE ratio of 38.01 is 71% below the historical average. In the past ten years, IT's PE ratio was at its highest in the Dec 2017 quarter at 3,078.75, when the stock price was $123.15 and the EPS was $0.04. The lowest value was in the Jun 2022 quarter, when it reached 26.99 with a price of $241.83 and an EPS of $8.96.
Gartner PE ratio by year
Maximum annual increase: 7,028.39% in 2017
Maximum annual decrease: -96.92% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 40.39 | 21.11% |
| 2022 | 33.35 | -6.92% |
| 2021 | 35.83 | -33.13% |
| 2020 | 53.58 | -9.6% |
| 2019 | 59.27 | -37.41% |
| 2018 | 94.7 | -96.92% |
| 2017 | 3,078.75 | 7,028.39% |
| 2016 | 43.19 | -0.48% |
| 2015 | 43.4 | 6.16% |
| 2014 | 40.88 | 13.34% |
IT average PE ratio chart
IT's current P/E ratio is above the 3-year historical average, but it is lower than the 5 and 10-year averages.
IT PE vs peers
Compared to its peer stock MMS, IT's PE ratio stands higher.
| Stock name | PE ratio | Market cap |
|---|---|---|
| MMS Maximus Inc | 14.9 | $4.52B |
| IT Gartner Inc | 38.01 | $40.05B |
| FORR Forrester Research Inc | N/A | $318.37M |
Frequently asked questions
What is Gartner's PE ratio?
The price to earnings ratio for IT stock as of Nov 21, 2024, stands at 38.01.
What is the 3-year average PE ratio for Gartner (IT)?
Over the last 3 years, the average price to earnings ratio for IT stock is 34.25.
What is the 5-year average PE ratio for Gartner (IT)?
Over the last 5 years, the average price to earnings ratio for IT stock is 38.59.
What is the highest PE ratio for IT?
The highest quarterly PE ratio in the last ten years has been 3,078.75 and it was in the Dec 2017 quarter.
How does the current PE ratio for IT compare to its historical average?
The current price to earnings ratio of IT is 71% lower than the 10-year historical average.
How is IT's PE ratio calculated (Gartner PE ratio formula)?
The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Nov 21, 2024), Gartner's stock price is $519.24. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $13.66. Therefore, Gartner's P/E ratio for today is 38.01. PE RATIO(38.01) = STOCK PRICE($519.24) / TTM EPS($13.66)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.