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.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 160× | 20.2× | 173× |
| 2025 | 32.7× | 11.3× | 39.3× |
| 2024 | 35.3× | 35.3× | 64.6× |
| 2023 | 62.1× | 43.8× | 120× |
| 2022 | 181× | 59.8× | 182× |
| 2021 | 82.2× | 13.1× | 82.2× |
| 2020 | 13.8× | 7.9× | 15.7× |
| 2019 | 15.0× | 12.1× | 18.0× |
| 2018 | 12.1× | 10.6× | 15.6× |
| 2017 | 12.9× | 12.2× | 155× |
| 2016 | n/m a value too high to mean anything | ||
| 2015 | 45.7× | 43.6× | 49.4× |
| 2014 | 49.3× | 16.7× | 49.9× |
| 2013 | 20.1× | 14.8× | 20.1× |
| 2012 | 16.2× | 16.2× | 24.9× |
| 2011 | 17.0× | 14.4× | 23.8× |
| 2010 | 20.7× | 19.6× | 28.2× |
Against its peers
Companies in Specialty Business Services nearest Gartner's size, closest first, today.
| Company | Price to book ratio |
|---|---|
| ITGartner | n/m |
| ULSUL Solutions | 9.3× |
| CPRTCopart | 3.0× |
| MHMcGraw Hill | 3.5× |
| CTASCintas | 17.1× |
| VVXV2X | 2.0× |
| Peer median | 3.5× |
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.