The current PE ratio for Gartner stock as of May 2, 2024 is 41.37. This is calculated based on the current EPS of $10.13 and the stock price of $419.04 per share. The P/E ratio has increased by 13% from the past four quarters average of 36.7.
The average historical PE ratio of Gartner for the last ten years is 131.64. The current PE ratio of 41.37 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.
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's current P/E ratio is above the 3 and 5-year historical averages, but it is lower than the 10-year average.
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 | 11.99 | $3.22B |
| MMS Maximus Inc | 26.91 | $4.99B |
| IT Gartner Inc | 41.37 | $32.53B |
| FORR Forrester Research Inc | 114.63 | $355.69M |
The price to earnings ratio for IT stock as of May 2, 2024, stands at 41.37.
Over the last 3 years, the average price to earnings ratio for IT stock is 33.81.
Over the last 5 years, the average price to earnings ratio for IT stock is 40.49.
The highest quarterly PE ratio in the last ten years has been 3,078.75 and it was in the Dec 2017 quarter.
The current price to earnings ratio of IT is 69% lower than the 10-year historical average.
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 (May 2, 2024), Gartner's stock price is $419.04. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $10.13. Therefore, Gartner's P/E ratio for today is 41.37. PE RATIO(41.37) = STOCK PRICE($419.04) / TTM EPS($10.13)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.