Gartner (STU:GGRA) Cyclically Adjusted PB Ratio: (As of Aug. 08, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

STU:GGRA Gartner Inc STU:GGRA
74 GF Score
Price €159.25
GF Value €424.31
Valuation Significantly Undervalued
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What is Gartner Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Gartner  (STU:GGRA) 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


Gartner Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

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.

Gartner Cyclically Adjusted PB Ratio Chart

Gartner Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.51 57.99 72.14 65.67 27.67

Gartner Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 46.71 29.31 27.67 16.91 13.75

STU:GGRA vs CIFR, JKHY, CACI: Cyclically Adjusted PB Ratio Comparison

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 Cyclically Adjusted PB Ratio vs 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.


STU:GGRA
74GF Score
Gartner Inc STU:GGRA
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Book per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Gartner's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book=Book Value per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-2.182/333.9520*333.9520
=-2.182

Current CPI (Jun. 2026) = 333.9520.

Gartner Quarterly Data

Book Value per Share CPI Adj_Book
201609 -0.113 241.428 -0.156
201612 0.698 241.432 0.965
201703 1.158 243.801 1.586
201706 8.385 244.955 11.431
201709 7.992 246.819 10.813
201712 9.150 246.524 12.395
201803 8.781 249.554 11.751
201806 8.685 251.989 11.510
201809 8.878 252.439 11.745
201812 8.337 251.233 11.082
201903 8.418 254.202 11.059
201906 9.463 256.143 12.338
201909 9.332 256.759 12.138
201912 9.475 256.974 12.313
202003 9.023 258.115 11.674
202006 9.851 257.797 12.761
202009 9.852 260.280 12.641
202012 10.089 260.474 12.935
202103 8.600 264.877 10.843
202106 5.205 271.696 6.398
202109 3.428 274.310 4.173
202112 3.985 278.802 4.773
202203 1.321 287.504 1.534
202206 -1.700 296.311 -1.916
202209 -0.828 296.808 -0.932
202212 2.716 296.797 3.056
202303 5.556 301.836 6.147
202306 6.837 305.109 7.483
202309 6.755 307.789 7.329
202312 7.967 306.746 8.674
202403 8.448 312.332 9.033
202406 7.752 314.175 8.240
202409 12.377 315.301 13.109
202412 16.774 315.605 17.749
202503 17.904 319.799 18.696
202506 17.301 322.561 17.912
202509 6.503 324.800 6.686
202512 3.856 324.054 3.974
202603 0.808 330.213 0.817
202606 -2.182 333.952 -2.182

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.

Is Gartner (STU:GGRA) Overvalued in 2026?

Based on GuruFocus' analysis, Gartner stock appears to be undervalued. The current stock price of €159.25 is trading 62.5% below its estimated GF Value™ of €424.31. GuruFocus considers Gartner to be Significantly Undervalued.

Key valuation signals for STU:GGRA:

  • Cyclically Adjusted PB Ratio:
  • GF Value™: €424.31 vs. price of €159.25 (62.5% below fair value)
  • GF Score™: 74/100

No single metric tells the full story. See the STU:GGRA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Gartner Business Description

Address 56 Top Gallant Road, P.O. Box 10212, Stamford, CT, USA, 06902-7700
Gartner Inc delivers actionable, objective business and technology insights that drive smarter decisions and stronger performance on an organization's mission-critical priorities. It delivers its products and services globally through three reportable segments - Business and Technology Insights, Conferences and Consulting. Insights equips executives and their teams from every Majority function, geography, industry and sector with actionable, objective insights, guidance and tools. Conferences provides executives and teams across an organization the opportunity to learn, share and network. and Consulting serves senior executives technology-driven strategic initiatives leveraging the power of Gartner's actionable, objective insight. The Majority revenue is derived from the Insights segment.
74GF Score

Get the complete analysis for STU:GGRA

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€159.25
Price
€424.31
GF Value