Gartner
IT
#622
Rank
$28.08 B
Marketcap
$356.26
Share price
2.02%
Change (1 day)
29.67%
Change (1 year)
Gartner Inc. is an American company that offers market research and advice of developments in IT.

P/E ratio for Gartner (IT)

P/E ratio as of September 2023 (TTM): 30.6

According to Gartner's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.5803. At the end of 2021 the company had a P/E ratio of 35.8.

P/E ratio history for Gartner from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
202135.8-33.19%
202053.6-9.61%
201959.3-37.41%
201894.7-95.39%
2017> 10004448.93%
201645.14.97%
201543.04.64%
201441.113.9%
201336.139.5%
201225.96.33%
201124.3

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.9-38.18%๐Ÿ‡บ๐Ÿ‡ธ USA
112 266.61%๐Ÿ‡บ๐Ÿ‡ธ USA
13.0-57.36%๐Ÿ‡บ๐Ÿ‡ธ USA
75.3 146.21%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.