FORR (Forrester Research) Shiller PE Ratio: (As of Jul. 26, 2026)

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FORR Forrester Research Inc FORR
58 GF Score
Price $8.86
GF Value $13.58
Valuation Possible Value Trap
! 4 Warning Signs
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What is Forrester Research Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Forrester Research  (NAS:FORR) 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.


Forrester Research Shiller PE Ratio Related Terms


Forrester Research Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Forrester Research'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.

Forrester Research Shiller PE Ratio Chart

Forrester Research Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.01 44.82 35.16 23.13 0.00

Forrester Research Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Shiller PE 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 40.93 48.10 65.39 0.00 0.00

FORR vs RGP, EGG, GLAI: Shiller PE Ratio Comparison

For the Consulting Services subindustry, Forrester Research'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.


Forrester Research Shiller PE Ratio vs Business Services Industry

For the Business Services industry and Industrials sector, Forrester Research's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Forrester Research's Shiller PE Ratio falls into.


FORR
58GF Score
Forrester Research Inc FORR
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Forrester Research 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.

Forrester Research's E10 for the quarter that ended in Mar. 2026 is calculated as:

For example, Forrester Research's adjusted earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=-1.14/330.2130*330.2130
=-1.140

Current CPI (Mar. 2026) = 330.2130.

Forrester Research Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201606 0.410 241.018 0.562
201609 0.170 241.428 0.233
201612 0.310 241.432 0.424
201703 0.160 243.801 0.217
201706 0.340 244.955 0.458
201709 0.220 246.819 0.294
201712 0.110 246.524 0.147
201803 -0.100 249.554 -0.132
201806 0.430 251.989 0.563
201809 0.210 252.439 0.275
201812 0.290 251.233 0.381
201903 -0.730 254.202 -0.948
201906 0.080 256.143 0.103
201909 -0.150 256.759 -0.193
201912 0.260 256.974 0.334
202003 -0.030 258.115 -0.038
202006 0.630 257.797 0.807
202009 -0.200 260.280 -0.254
202012 0.130 260.474 0.165
202103 0.210 264.877 0.262
202106 0.430 271.696 0.523
202109 0.230 274.310 0.277
202112 0.410 278.802 0.486
202203 0.220 287.504 0.253
202206 0.720 296.311 0.802
202209 0.280 296.808 0.312
202212 -0.090 296.797 -0.100
202303 -0.210 301.836 -0.230
202306 0.280 305.109 0.303
202309 0.130 307.789 0.139
202312 -0.030 306.746 -0.032
202403 -0.350 312.332 -0.370
202406 0.330 314.175 0.347
202409 -0.300 315.301 -0.314
202412 0.020 315.605 0.021
202503 -4.620 319.799 -4.770
202506 0.200 322.561 0.205
202509 -0.110 324.800 -0.112
202512 -1.780 324.054 -1.814
202603 -1.140 330.213 -1.140

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.

Is Forrester Research (FORR) Overvalued in 2026?

Based on GuruFocus' analysis, Forrester Research stock appears to be undervalued. The current stock price of $8.86 is trading 34.8% below its estimated GF Value™ of $13.58. GuruFocus considers Forrester Research to be Possible Value Trap.

Key valuation signals for FORR:

  • Shiller PE Ratio:
  • GF Value™: $13.58 vs. price of $8.86 (34.8% below fair value)
  • GF Score™: 58/100 with 4 warning signs

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


Forrester Research Business Description

Other Exchanges FFR:Germany
Address 60 Acorn Park Drive, Cambridge, MA, USA, 02140
Forrester Research Inc provides independent research, data, and advisory services. It operates through the following segments: The Research segment develops and delivers research, connect, and analytics products; The consulting segment includes the revenues and the related costs of the company's consulting organization, and the Events segment is engaged in developing and hosting in-person and virtual events.
58GF Score

Get the complete analysis for FORR

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

$8.86
Price
$13.58
GF Value