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IT Gartner PE ratio, current and historical analysis

The current PE ratio for Gartner stock as of Feb 23, 2024 is 41.24. This is calculated based on the current EPS of $11.17 and the stock price of $460.64 per share. The P/E ratio has increased by 29% from the past four quarters average of 31.9.

IT PE ratio history

How has IT's PE ratio performed in the past

The average historical PE ratio of Gartner for the last ten years is 131.32. The current PE ratio of 41.24 is 69% 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.

Average
131.32
Median
42.01
Minimum
26.99
Maximum
3,078.75

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

What is the average PE ratio of IT for the past years

IT's current P/E ratio is above the 3-year historical average, but it is lower than the 5 and 10-year averages.

3-year avg
33.68
5-year avg
42.35
10-year avg
131.32
15-year avg
95.37

IT PE vs peers

What is IT's PE ratio compared to its peers

Compared to its peer FORR, IT's PE ratio stands lower, however it is higher than MMS's and GHC's.

Stock name PE ratio Market cap
GHC Graham Holdings Co 16.04 $3.15B
MMS Maximus Inc 27.68 $5.14B
IT Gartner Inc 41.24 $35.92B
FORR Forrester Research Inc 177.73 $376.12M

Frequently asked questions

What is Gartner's PE ratio?

The price to earnings ratio for IT stock as of Feb 23, 2024, stands at 41.24.

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 33.68.

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 42.35.

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 69% 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 (Feb 23, 2024), Gartner's stock price is $460.64. The earnings per share for the trailing twelve months (TTM) ending Dec 2023 is $11.17. Therefore, Gartner's P/E ratio for today is 41.24. PE RATIO(41.24) = STOCK PRICE($460.64) / TTM EPS($11.17)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.