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Gartner (FRA:GGRA) Shiller PE Ratio : 83.13 (As of May. 05, 2024)


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What is Gartner Shiller PE Ratio?

As of today (2024-05-05), Gartner's current share price is €389.90. Gartner's E10 for the quarter that ended in Mar. 2024 was €4.69. Gartner's Shiller PE Ratio for today is 83.13.

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

FRA:GGRA' s Shiller PE Ratio Range Over the Past 10 Years
Min: 47.3   Med: 77.53   Max: 130.92
Current: 84.83

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

FRA:GGRA's Shiller PE Ratio is ranked worse than
84.16% of 909 companies
in the Software industry
Industry Median: 31.22 vs FRA:GGRA: 84.83

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 €2.456. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is €4.69 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
=389.90/4.69
=83.13

* 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)
=2.456/129.4194*129.4194
=2.456

Current CPI (Mar. 2024) = 129.4194.

Gartner Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201406 0.427 100.560 0.550
201409 0.295 100.428 0.380
201412 0.535 99.070 0.699
201503 0.296 99.621 0.385
201506 0.544 100.684 0.699
201509 0.321 100.392 0.414
201512 0.716 99.792 0.929
201603 0.485 100.470 0.625
201606 0.552 101.688 0.703
201609 0.321 101.861 0.408
201612 0.749 101.863 0.952
201703 0.402 102.862 0.506
201706 -0.917 103.349 -1.148
201709 -0.445 104.136 -0.553
201712 0.980 104.011 1.219
201803 -0.178 105.290 -0.219
201806 0.428 106.317 0.521
201809 0.111 106.507 0.135
201812 0.809 105.998 0.988
201903 0.204 107.251 0.246
201906 1.000 108.070 1.198
201909 0.418 108.329 0.499
201912 0.675 108.420 0.806
202003 0.751 108.902 0.892
202006 0.542 108.767 0.645
202009 0.161 109.815 0.190
202012 1.093 109.897 1.287
202103 1.546 111.754 1.790
202106 2.598 114.631 2.933
202109 1.496 115.734 1.673
202112 2.213 117.630 2.435
202203 1.889 121.301 2.015
202206 2.393 125.017 2.477
202209 2.192 125.227 2.265
202212 3.030 125.222 3.132
202303 3.437 127.348 3.493
202306 2.289 128.729 2.301
202309 2.118 129.860 2.111
202312 2.421 129.419 2.421
202403 2.456 129.419 2.456

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  (FRA:GGRA) 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

Thank you for viewing the detailed overview of Gartner's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Gartner (FRA:GGRA) 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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