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IT (Gartner) Cyclically Adjusted PB Ratio : 54.66 (As of May. 25, 2025)


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What is Gartner Cyclically Adjusted PB Ratio?

As of today (2025-05-25), Gartner's current share price is $438.36. Gartner's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $8.02. Gartner's Cyclically Adjusted PB Ratio for today is 54.66.

The historical rank and industry rank for Gartner's Cyclically Adjusted PB Ratio or its related term are showing as below:

IT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 20.97   Med: 57.84   Max: 107.81
Current: 54.69

During the past years, Gartner's highest Cyclically Adjusted PB Ratio was 107.81. The lowest was 20.97. And the median was 57.84.

IT's Cyclically Adjusted PB Ratio is ranked worse than
98.58% of 1406 companies
in the Software industry
Industry Median: 2.745 vs IT: 54.69

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Gartner's adjusted book value per share data for the three months ended in Mar. 2025 was $19.355. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $8.02 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gartner Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gartner's Cyclically Adjusted PB 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 Cyclically Adjusted PB Ratio Chart

Gartner Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32.19 58.51 57.99 72.14 65.67

Gartner Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial 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 73.22 67.19 72.46 65.67 52.36

Competitive Comparison of Gartner's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Gartner's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Gartner's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gartner's Cyclically Adjusted PB Ratio falls into.


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Gartner Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Gartner's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=438.36/8.02
=54.66

* 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 Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Gartner's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=19.355/134.9266*134.9266
=19.355

Current CPI (Mar. 2025) = 134.9266.

Gartner Quarterly Data

Book Value per Share CPI Adj_Book
201506 -2.049 100.684 -2.746
201509 -1.926 100.392 -2.589
201512 -1.608 99.792 -2.174
201603 -1.366 100.470 -1.834
201606 -0.639 101.688 -0.848
201609 -0.127 101.861 -0.168
201612 0.737 101.863 0.976
201703 1.238 102.862 1.624
201706 9.421 103.349 12.300
201709 9.525 104.136 12.341
201712 10.828 104.011 14.046
201803 10.827 105.290 13.875
201806 10.146 106.317 12.876
201809 10.359 106.507 13.123
201812 9.484 105.998 12.072
201903 9.512 107.251 11.967
201906 10.693 108.070 13.350
201909 10.278 108.329 12.801
201912 10.527 108.420 13.101
202003 9.970 108.902 12.353
202006 11.093 108.767 13.761
202009 11.604 109.815 14.258
202012 12.274 109.897 15.069
202103 10.239 111.754 12.362
202106 6.271 114.631 7.381
202109 4.033 115.734 4.702
202112 4.503 117.630 5.165
202203 1.454 121.301 1.617
202206 -1.797 125.017 -1.939
202209 -0.820 125.227 -0.884
202212 2.877 125.222 3.100
202303 5.948 127.348 6.302
202306 7.408 128.729 7.765
202309 7.210 129.860 7.491
202312 8.688 129.419 9.058
202403 9.182 131.776 9.402
202406 8.344 132.554 8.493
202409 13.737 133.029 13.933
202412 17.565 133.157 17.798
202503 19.355 134.927 19.355

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

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) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Gartner Cyclically Adjusted PB Ratio Related Terms

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


Gartner Business Description

Industry
Traded in Other Exchanges
Address
56 Top Gallant Road, P.O. Box 10212, Stamford, CT, USA, 06902-7700
Gartner Inc 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. The company operates through three business segments, namely Research, Conferences and Consulting. The company generates majority of the revenue from Research segment.
Executives
Yvonne Genovese officer: EVP, Global Product Management 56 TOP GALLANT ROAD, STAMFORD CT 06902
Eileen Serra director 56 TOP GALLANT RD., STAMFORD CT 06902
Wartinbee William James Iii officer: SVP, Global Sales Strat & Ops 56 TOP GALLANT ROAD, STAMFORD CT 06902
Claire Herkes officer: EVP, Conferences 56 TOP GALLANT ROAD, STAMFORD CT 06902
James C Smith director C/O FIRST HEALTH GROUP CORP, 3200 HIGHLAND AVENUE, DOWNERS GROVE IL 60515
Peter Bisson director ONE ADP BOULEVARD, ROSELAND NJ 07068
Akhil Jain officer: SVP, Consulting 56 TOP GALLANT ROAD, STAMFORD CT 06902
Scott Hensel officer: EVP Consulting C/O GARTNER, INC., 56 TOP GALLANT RD., STAMFORD CT 06902
Alwyn Dawkins officer: EVP, Conferences 56 TOP GALLANT ROAD, STAMFORD CT 06902
Valentin Sribar officer: SVP, Research & Advisory 56 TOP GALLANT ROAD, STAMFORD CT 06902
Joseph P. Beck officer: EVP, Global Technology Sales 56 TOP GALLANT RD., STAMFORD CT 06902
Craig Safian officer: EVP & CFO 56 TOP GALLANT ROAD, STAMFORD CT 06904
Kenneth Allard officer: SVP, New Market Programs 56 TOP GALLANT, STAMFORD CT 06902
Eugene A Hall director, officer: CEO ONE ADP BLVD, ROSELAND NJ 07068
Karen E Dykstra director ONE ADP BLVD, ROSELAND NJ 07068