Gartner
IT
#545
Rank
$34.97 B
Marketcap
$449.31
Share price
-1.93%
Change (1 day)
40.60%
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 April 2024 (TTM): 38.6

According to Gartner's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 38.5674. At the end of 2022 the company had a P/E ratio of 33.3.

P/E ratio history for Gartner from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202233.3-6.84%
202135.8-33.19%
202053.6-9.61%
201959.3-37.41%
201894.7-95.39%
2017> 10004672.31%
201643.00.05%
201543.04.64%
201441.113.9%
201336.139.5%
201225.96.33%
201124.3-26.03%
201032.958.53%
200920.727.93%
200816.2-34.46%
200724.7-36.26%
200638.8-109.02%
2005-430-548.64%
200495.8120.34%
200343.5-14.89%
200251.1-362.33%
2001-19.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
18.9-50.98%๐Ÿ‡บ๐Ÿ‡ธ USA
168 336.78%๐Ÿ‡บ๐Ÿ‡ธ USA
21.0-45.61%๐Ÿ‡บ๐Ÿ‡ธ USA
69.0 78.80%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.