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Gartner (Gartner) Cyclically Adjusted Revenue per Share : $53.60 (As of Mar. 2024)


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What is Gartner Cyclically Adjusted Revenue per Share?

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Gartner's adjusted revenue per share for the three months ended in Mar. 2024 was $18.653. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $53.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Gartner's average Cyclically Adjusted Revenue Growth Rate was 14.20% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 17.30% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 16.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 14.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Gartner was 17.30% per year. The lowest was 3.90% per year. And the median was 9.45% per year.

As of today (2024-05-30), Gartner's current stock price is $427.74. Gartner's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $53.60. Gartner's Cyclically Adjusted PS Ratio of today is 7.98.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Gartner was 9.32. The lowest was 2.93. And the median was 5.75.


Gartner Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for Gartner's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

Gartner Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.42 31.85 37.87 44.95 51.43

Gartner Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share 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 46.92 48.70 50.33 51.43 53.60

Competitive Comparison of Gartner's Cyclically Adjusted Revenue per Share

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

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

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



Gartner Cyclically Adjusted Revenue per Share Calculation

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. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue 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.

For example, Gartner's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=18.653/131.7762*131.7762
=18.653

Current CPI (Mar. 2024) = 131.7762.

Gartner Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 5.728 100.560 7.506
201409 5.250 100.428 6.889
201412 6.557 99.070 8.722
201503 5.368 99.621 7.101
201506 6.502 100.684 8.510
201509 5.946 100.392 7.805
201512 7.671 99.792 10.130
201603 6.677 100.470 8.758
201606 7.287 101.688 9.443
201609 6.850 101.861 8.862
201612 8.372 101.863 10.831
201703 7.434 102.862 9.524
201706 9.449 103.349 12.048
201709 9.138 104.136 11.563
201712 10.523 104.011 13.332
201803 10.588 105.290 13.252
201806 10.866 106.317 13.468
201809 10.002 106.507 12.375
201812 11.867 105.998 14.753
201903 10.664 107.251 13.103
201906 11.744 108.070 14.320
201909 11.008 108.329 13.391
201912 13.281 108.420 16.142
202003 11.313 108.902 13.689
202006 10.839 108.767 13.132
202009 11.057 109.815 13.268
202012 12.355 109.897 14.815
202103 12.386 111.754 14.605
202106 13.481 114.631 15.497
202109 13.641 115.734 15.532
202112 15.564 117.630 17.436
202203 15.219 121.301 16.533
202206 17.000 125.017 17.919
202209 16.636 125.227 17.506
202212 18.774 125.222 19.757
202303 17.549 127.348 18.159
202306 18.832 128.729 19.278
202309 17.716 129.860 17.977
202312 20.043 129.419 20.408
202403 18.653 131.776 18.653

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


Gartner  (NYSE:IT) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Gartner's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=427.74/53.6
=7.98

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Gartner was 9.32. The lowest was 2.93. And the median was 5.75.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Gartner Cyclically Adjusted Revenue per Share Related Terms

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


Gartner (Gartner) Business Description

Industry
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Address
56 Top Gallant Road, P.O. Box 10212, Stamford, CT, USA, 06902-7700
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
Claire Herkes officer: EVP, Conferences 56 TOP GALLANT ROAD, STAMFORD CT 06902
Robin B Kranich officer: SVP,Research Ops & Bus Dvlpmt 56 TOP GALLANT RD, STAMFORD CT 06902
Craig Safian officer: EVP & CFO 56 TOP GALLANT ROAD, STAMFORD CT 06904
Valentin Sribar officer: SVP, Research & Advisory 56 TOP GALLANT ROAD, STAMFORD CT 06902
Alwyn Dawkins officer: EVP, Conferences 56 TOP GALLANT ROAD, STAMFORD CT 06902
Akhil Jain officer: SVP, Consulting 56 TOP GALLANT ROAD, STAMFORD CT 06902
Richard J Bressler director 1515 BROADWAY, NEW YORK NY 10036
James C Smith director C/O FIRST HEALTH GROUP CORP, 3200 HIGHLAND AVENUE, DOWNERS GROVE IL 60515
Wartinbee William James Iii officer: SVP, Global Sales Strat & Ops 56 TOP GALLANT ROAD, STAMFORD CT 06902
Anne Sutherland Fuchs director
Joseph P. Beck officer: EVP, Global Technology Sales 56 TOP GALLANT RD., STAMFORD CT 06902
Eugene A Hall director, officer: CEO ONE ADP BLVD, ROSELAND NJ 07068
Altaf Rupani officer: EVP, Chief Information Officer 56 TOP GALLANT RD, STAMFORD CT 06902
Michael Fox Diliberto officer: SVP, Chief Information Officer 56 TOP GALLANT RD, STAMFORD CT 06904
Scott Hensel officer: EVP Consulting C/O GARTNER, INC., 56 TOP GALLANT RD., STAMFORD CT 06902

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