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Gartner (BSP:G1AR34) Shiller PE Ratio : 84.01 (As of May. 03, 2024)


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What is Gartner Shiller PE Ratio?

As of today (2024-05-03), Gartner's current share price is R$536.80. Gartner's E10 for the quarter that ended in Mar. 2024 was R$6.39. Gartner's Shiller PE Ratio for today is 84.01.

The historical rank and industry rank for Gartner's Shiller PE Ratio or its related term are showing as below:

BSP:G1AR34' s Shiller PE Ratio Range Over the Past 10 Years
Min: 47.3   Med: 77.53   Max: 130.92
Current: 82.93

During the past years, Gartner's highest Shiller PE Ratio was 130.92. The lowest was 47.30. And the median was 77.53.

BSP:G1AR34's Shiller PE Ratio is ranked worse than
83.64% of 911 companies
in the Software industry
Industry Median: 31.22 vs BSP:G1AR34: 82.93

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.

Gartner's adjusted earnings per share data for the three months ended in Mar. 2024 was R$3.324. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is R$6.39 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gartner Shiller PE Ratio Historical Data

The historical data trend for Gartner'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.

* Premium members only.

Gartner Shiller PE Ratio Chart

Gartner Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 87.54 81.38 116.08 87.34 93.24

Gartner Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 76.96 78.50 73.49 93.24 94.33

Competitive Comparison of Gartner's Shiller PE Ratio

For the Information Technology Services subindustry, Gartner'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.


Gartner's Shiller PE Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Gartner's Shiller PE Ratio distribution charts can be found below:

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



Gartner 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.

Gartner's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=536.80/6.39
=84.01

* 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's E10 for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.324/129.4194*129.4194
=3.324

Current CPI (Mar. 2024) = 129.4194.

Gartner Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.324 100.560 0.417
201409 0.222 100.428 0.286
201412 0.436 99.070 0.570
201503 0.251 99.621 0.326
201506 0.475 100.684 0.611
201509 0.351 100.392 0.452
201512 0.757 99.792 0.982
201603 0.499 100.470 0.643
201606 0.531 101.688 0.676
201609 0.293 101.861 0.372
201612 0.662 101.863 0.841
201703 0.336 102.862 0.423
201706 -0.849 103.349 -1.063
201709 -0.415 104.136 -0.516
201712 0.956 104.011 1.190
201803 -0.180 105.290 -0.221
201806 0.471 106.317 0.573
201809 0.134 106.507 0.163
201812 0.893 105.998 1.090
201903 0.221 107.251 0.267
201906 1.089 108.070 1.304
201909 0.474 108.329 0.566
201912 0.770 108.420 0.919
202003 1.014 108.902 1.205
202006 0.791 108.767 0.941
202009 0.256 109.815 0.302
202012 1.711 109.897 2.015
202103 2.592 111.754 3.002
202106 3.935 114.631 4.443
202109 2.323 115.734 2.598
202112 3.534 117.630 3.888
202203 2.588 121.301 2.761
202206 3.193 125.017 3.305
202209 2.845 125.227 2.940
202212 4.209 125.222 4.350
202303 4.792 127.348 4.870
202306 3.009 128.729 3.025
202309 2.790 129.860 2.781
202312 3.234 129.419 3.234
202403 3.324 129.419 3.324

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.


Gartner  (BSP:G1AR34) 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.


Gartner Shiller PE Ratio Related Terms

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Gartner (BSP:G1AR34) Business Description

Traded in Other Exchanges
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.

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