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Gartner (NYSE:IT) Shiller PE Ratio

: 80.04 (As of Today)
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As of today (2023-03-20), Gartner's current share price is $308.15. Gartner's E10 for the quarter that ended in Dec. 2022 was $3.85. Gartner's Shiller PE Ratio for today is 80.04.

The historical rank and industry rank for Gartner's Shiller PE Ratio or its related term are showing as below:

IT' s Shiller PE Ratio Range Over the Past 10 Years
Min: 45.49   Med: 71.27   Max: 126.72
Current: 80.05

During the past years, Gartner's highest Shiller PE Ratio was 126.72. The lowest was 45.49. And the median was 71.27.

IT's Shiller PE Ratio is ranked worse than
79.75% of 716 companies
in the Software industry
Industry Median: 31.90 vs IT: 80.05

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Gartner's adjusted earnings per share data for the three months ended in Dec. 2022 was $3.210. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $3.85 for the trailing ten years ended in Dec. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gartner Shiller PE Ratio Historical Data

The historical data trend for Gartner's Shiller PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gartner Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Shiller PE Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 81.45 87.54 81.38 116.08 87.34

Gartner Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 116.08 94.95 70.58 76.71 87.34

Competitive Comparison

For the Information Technology Services subindustry, Gartner's Shiller PE Ratio, along with its competitors' market caps and Shiller PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Gartner Shiller PE Ratio Distribution

For the Software industry and Technology sector, Gartner's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Gartner's Shiller PE Ratio falls in comparison to its industry or sector. The grey bar indicates the Shiller PE Ratio's extreme value range as defined by GuruFocus.



Gartner Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Gartner's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=308.15/3.85
=80.04

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Gartner's E10 for the quarter that ended in Dec. 2022 is calculated as:

For example, Gartner's adjusted earnings per share data for the three months ended in Dec. 2022 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=3.21/125.2218*125.2218
=3.210

Current CPI (Dec. 2022) = 125.2218.

Gartner Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201303 0.380 98.209 0.485
201306 0.490 98.518 0.623
201309 0.400 98.790 0.507
201312 0.650 98.326 0.828
201403 0.400 99.695 0.502
201406 0.580 100.560 0.722
201409 0.380 100.428 0.474
201412 0.660 99.070 0.834
201503 0.320 99.621 0.402
201506 0.610 100.684 0.759
201509 0.360 100.392 0.449
201512 0.780 99.792 0.979
201603 0.540 100.470 0.673
201606 0.620 101.688 0.763
201609 0.360 101.861 0.443
201612 0.790 101.863 0.971
201703 0.430 102.862 0.523
201706 -1.030 103.349 -1.248
201709 -0.530 104.136 -0.637
201712 1.160 104.011 1.397
201803 -0.220 105.290 -0.262
201806 0.500 106.317 0.589
201809 0.130 106.507 0.153
201812 0.920 105.998 1.087
201903 0.230 107.251 0.269
201906 1.130 108.070 1.309
201909 0.460 108.329 0.532
201912 0.750 108.420 0.866
202003 0.830 108.902 0.954
202006 0.610 108.767 0.702
202009 0.190 109.815 0.217
202012 1.330 109.897 1.515
202103 1.840 111.754 2.062
202106 3.130 114.631 3.419
202109 1.760 115.734 1.904
202112 2.500 117.630 2.661
202203 2.080 121.301 2.147
202206 2.530 125.017 2.534
202209 2.170 125.227 2.170
202212 3.210 125.222 3.210

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Gartner  (NYSE:IT) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Gartner Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Gartner's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Gartner (NYSE:IT) Business Description

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Based in Stamford, Conn., Gartner provides independent research and analysis on information technology and other related technology industries. Its research is delivered to clients' desktops in the form of reports, briefings, and updates. Typical clients are chief information officers and other business executives who help plan companies' IT budgets. Gartner also provides consulting services and hosted nearly 80 IT conferences across the globe in 2007.
Executives
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Diana Sue Ferguson director C/O SARA LEE CORP, 70 W MADISO ST, CHICAGO IL 60602
Claire Herkes officer: EVP, Conferences 56 TOP GALLANT ROAD, STAMFORD CT 06902
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Yvonne Genovese officer: EVP, Global Product Management 56 TOP GALLANT ROAD, STAMFORD CT 06902
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Craig Safian officer: EVP & CFO 56 TOP GALLANT ROAD, STAMFORD CT 06904
Alwyn Dawkins officer: EVP, Conferences 56 TOP GALLANT ROAD, STAMFORD CT 06902
Michael P Harris officer: EVP, Research & Advisory 56 TOP GALLANT ROAD, STAMFORD CT 06896
Joseph P. Beck officer: EVP, Global Technology Sales 56 TOP GALLANT RD., STAMFORD CT 06902
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Eileen Serra director 56 TOP GALLANT RD., STAMFORD CT 06902
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