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Gartner price to book ratio IT

Market value divided by the book value of the company's net assets, since 2010.

Today, Oct 23, 2026
n/m
not a meaningful number
Last meaningful
160×
Jul 2026
10-year median
23.4×
10-year range
7.9× to 182×
Peer median
3.5×

Gartner's price to book ratio is not a meaningful number today: shareholders' equity was zero, negative or not reported, so price to book does not exist.

It was last meaningful in Jul 2026, at 160×.

On the days it had one over the last ten years, its median was 23.4×, from 7.9× in Mar 2020 to 182× in Jun 2022.

Price to book ratio over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far160×20.2×173×
202532.7×11.3×39.3×
202435.3×35.3×64.6×
202362.1×43.8×120×
2022181×59.8×182×
202182.2×13.1×82.2×
202013.8×7.9×15.7×
201915.0×12.1×18.0×
201812.1×10.6×15.6×
201712.9×12.2×155×
2016n/m a value too high to mean anything
201545.7×43.6×49.4×
201449.3×16.7×49.9×
201320.1×14.8×20.1×
201216.2×16.2×24.9×
201117.0×14.4×23.8×
201020.7×19.6×28.2×

Against its peers

Companies in Specialty Business Services nearest Gartner's size, closest first, today.

CompanyPrice to book ratio
ITGartnern/m
ULSUL Solutions9.3×
CPRTCopart3.0×
MHMcGraw Hill3.5×
CTASCintas17.1×
VVXV2X2.0×
Peer median3.5×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on Gartner

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.