Question 1

What is Gartner's P/B ratio?

Accepted Answer

Gartner (IT) P/B ratio is 145.8× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by book value of equity, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/B ratio calculated?

Accepted Answer

P/B = Market Capitalisation ÷ Book Value of Equity (most recent quarterly shareholders' equity), or equivalently Share Price ÷ Book Value Per Share. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/B ratio?

Accepted Answer

The price-to-book (P/B) ratio compares a company's market capitalisation to its book value of equity (total shareholders' equity) on the most recent quarterly balance sheet. It is calculated as market cap ÷ book value of equity (equivalent to share price ÷ book value per share). A P/B below 1× implies the market values the business below its accounting net worth; values well above 1× reflect intangible assets, brand value, or a high return on equity.

Question 4

What is a good P/B ratio for Gartner?

Accepted Answer

A "good" P/B depends on the business model. Banks, insurers, and other capital-heavy financials typically trade near 1×; asset-light technology and consumer-brand companies can sustainably trade at 5×+ because much of their value is intangible. P/B is most informative when paired with return on equity (ROE). For Gartner specifically, the relevant sector benchmark is the current sector median of 5.6×.

Question 5

Is Gartner's P/B ratio high or low?

Accepted Answer

Gartner's P/B ratio of 145.8× is above its own 5-year average of 66.3× and above the sector median of 5.6×. That places the current reading at the 90th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Gartner's historical P/B ratio range?

Accepted Answer

In the available daily series, Gartner (IT) P/B ratio has ranged from a low of 2.3× in 2003 to a high of 231.2× in 2009. The 5-year average is 66.3× and the 5-year median is 52.0×.

Question 7

What was Gartner's P/B ratio in 2025?

Accepted Answer

Gartner (IT) P/B ratio at the end of 2025 was 56.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month book value figure available at that date.

Question 8

Why does Gartner's P/B ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (book value). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$18.2B	$320M	56.8×	+29.2×	Dec 31, 2025
2024	$37.5B	$1.36B	27.6×	-24.3×	Dec 31, 2024
2023	$35.4B	$681M	52.0×	-64.9×	Dec 31, 2023
2022	$26.6B	$228M	116.9×	+42.5×	Dec 31, 2022
2021	$27.6B	$371M	74.3×	+61.2×	Dec 31, 2021
2020	$14.3B	$1.09B	13.1×	-1.6×	Dec 31, 2020
2019	$13.8B	$939M	14.7×	+1.1×	Dec 31, 2019
2018	$11.6B	$851M	13.6×	+2.2×	Dec 31, 2018
2017	$11.2B	$983M	11.4×	-125.8×	Dec 31, 2017
2016	$8.35B	$60.9M	137.2×	—	Dec 31, 2016
2015	$7.5B	-$132M	—	—	Dec 31, 2015
2014	$7.38B	$161M	45.8×	+27.7×	Dec 31, 2014
2013	$6.55B	$361M	18.1×	+4.1×	Dec 31, 2013
2012	$4.3B	$307M	14.0×	-4.1×	Dec 31, 2012
2011	$3.29B	$182M	18.1×	+1.1×	Dec 31, 2011
2010	$3.18B	$187M	17.0×	+1.7×	Dec 31, 2010
2009	$1.72B	$113M	15.3×	—	Dec 31, 2009
2008	$1.67B	-$21.3M	—	—	Dec 31, 2008
2007	$1.72B	$17.5M	98.1×	+20.3×	Dec 31, 2007
2006	$2.05B	$26.3M	77.8×	+67.9×	Dec 31, 2006
2005	$1.46B	$147M	10.0×	-0.6×	Dec 31, 2005
2004	$1.37B	$130M	10.6×	+8.2×	Dec 31, 2004
2003	$882M	$376M	2.3×	—	Dec 31, 2003
2002	$749M	-$28.7M	—	—	Dec 31, 2002


Zebra Technologies (ZBRA)	2.9×
Zoom Communications (ZM)	2.9×
Fortive (FTV)	2.9×
IREN (IREN)	2.8×
Trimble (TRMB)	2.7×
Twilio (TWLO)	2.5×
Amkor Technology (AMKR)	2.5×
First Solar (FSLR)	2.1×
EPAM Systems (EPAM)	2.1×
Qorvo (QRVO)	2.1×
IonQ (IONQ)	2.1×
Intel (INTC)	2.0×
Roper Technologies (ROP)	2.0×
Cognizant (CTSH)	1.9×
Okta (OKTA)	1.9×
Super Micro Computer (SMCI)	1.8×
Lyft (LYFT)	1.7×
Block (XYZ)	1.7×
Hewlett Packard Enterprise (HPE)	1.5×
Fidelity National Information Services (FIS)	1.5×
Skyworks Solutions (SWKS)	1.4×
Fiserv (FISV)	1.1×
Sunrun (RUN)	1.0×
Strategy (MSTR)	0.9×
IBM (IBM)	0.0×

P/B Ratio for Gartner (IT) 2003-2026

P/B Ratio daily chart for Gartner (IT)

Historical P/B Ratio for Gartner (IT) from 2002 to 2025

About P/B Ratio at Gartner (IT)

Gartner P/B Ratio by Year

Gartner P/B Ratio 2025: 56.8×

Gartner P/B Ratio 2024: 27.6×

Gartner P/B Ratio 2023: 52.0×

Gartner P/B Ratio 2022: 116.9×

Gartner P/B Ratio 2021: 74.3×

Sector peers by P/B Ratio — chart

Sector peers by P/B Ratio — table

Frequently asked questions

Gartner (IT) Key Financials