PJT Partners (STU:1PJ) Cyclically Adjusted PS Ratio: 3.95 (As of Sep. 02, 2026) — 10% Above Median

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STU:1PJ PJT Partners Inc STU:1PJ
93 GF Score
Price €155.00
GF Value €190.99
Valuation Modestly Undervalued
! 5 Warning Signs
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What is PJT Partners Cyclically Adjusted PS Ratio?

PJT Partners STU:1PJ 93 Cyclically Adjusted PS Ratio is 3.95 as of Sep. 02, 2026, which is 10% above its 10-year median of 3.59. GuruFocus rates STU:1PJ with a GF Score™ of 93/100 and a GF Value™ of €190.99 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 574 Capital Markets companies, PJT Partners ranks worse than 52.09% on this metric.

As of today (2026-09-02), PJT Partners's current share price is €155.00. PJT Partners's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was €39.20. PJT Partners's Cyclically Adjusted PS Ratio for today is 3.95.

The historical rank and industry rank for PJT Partners's Cyclically Adjusted PS Ratio or its related term are showing as below:

STU:1PJ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 2.03   Med: 3.59   Max: 4.59
Current: 3.98

During the past years, PJT Partners's highest Cyclically Adjusted PS Ratio was 4.59. The lowest was 2.03. And the median was 3.59.

STU:1PJ's Cyclically Adjusted PS Ratio is ranked worse than
52.09% of 574 companies
in the Capital Markets industry
Industry Median: 3.7 vs STU:1PJ: 3.98

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

PJT Partners's adjusted revenue per share data for the three months ended in Jun. 2026 was €14.806. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €39.20 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


PJT Partners  (STU:1PJ) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


PJT Partners Cyclically Adjusted PS Ratio Related Terms


PJT Partners Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for PJT Partners's Cyclically Adjusted PS 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.

PJT Partners Cyclically Adjusted PS Ratio Chart

PJT Partners Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 2.84 4.03 3.91

PJT Partners Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 4.04 4.27 3.91 3.20 3.34

STU:1PJ vs GLXY, MC, MIAX: Cyclically Adjusted PS Ratio Comparison

For the Capital Markets subindustry, PJT Partners's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


PJT Partners Cyclically Adjusted PS Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PJT Partners's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where PJT Partners's Cyclically Adjusted PS Ratio falls into.


STU:1PJ
93GF Score
PJT Partners Inc STU:1PJ
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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PJT Partners Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

PJT Partners's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=155.00/39.20
=3.95

* 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.

PJT Partners's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, PJT Partners's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=14.806/333.9520*333.9520
=14.806

Current CPI (Jun. 2026) = 333.9520.

PJT Partners Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 6.006 241.428 8.308
201612 9.136 241.432 12.637
201703 6.108 243.801 8.367
201706 5.252 244.955 7.160
201709 3.542 246.819 4.792
201712 8.685 246.524 11.765
201803 5.549 249.554 7.426
201806 5.398 251.989 7.154
201809 5.646 252.439 7.469
201812 6.826 251.233 9.073
201903 4.777 254.202 6.276
201906 6.384 256.143 8.323
201909 6.856 256.759 8.917
201912 9.697 256.974 12.602
202003 7.525 258.115 9.736
202006 8.578 257.797 11.112
202009 10.616 260.280 13.621
202012 11.114 260.474 14.249
202103 4.051 264.877 5.107
202106 8.156 271.696 10.025
202109 8.087 274.310 9.845
202112 11.400 278.802 13.655
202203 8.423 287.504 9.784
202206 8.348 296.311 9.408
202209 10.134 296.808 11.402
202212 9.797 296.797 11.023
202303 6.939 301.836 7.677
202306 12.137 305.109 13.284
202309 9.789 307.789 10.621
202312 11.880 306.746 12.934
202403 10.758 312.332 11.503
202406 7.765 314.175 8.254
202409 6.586 315.301 6.976
202412 10.146 315.605 10.736
202503 6.752 319.799 7.051
202506 8.121 322.561 8.408
202509 13.304 324.800 13.679
202512 17.727 324.054 18.268
202603 8.358 330.213 8.453
202606 14.806 333.952 14.806

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.

What does a Cyclically Adjusted PS Ratio of 3.95 mean?
PJT Partners (STU:1PJ) has a Cyclically Adjusted PS Ratio of 3.95 as of Sep. 02, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on PJT Partners and its competitors. This is 10% above median its historical median of 3.59. Over the past decade, PJT Partners' Cyclically Adjusted PS Ratio has ranged from 2.03 to 4.59. According to the industry distribution chart, PJT Partners ranks #299 out of 574 companies in the Capital Markets industry, placing it in the top 52.1%.
Is PJT Partners' Cyclically Adjusted PS Ratio too high?
PJT Partners' current Cyclically Adjusted PS Ratio of 3.95 is 10% above median its 10-year median of 3.59. Over the past 10 years, this metric has ranged from a low of 2.03 to a high of 4.59. The Capital Markets industry median Cyclically Adjusted PS Ratio is 3.70. PJT Partners' value of 3.95 is 6.8% above this industry median. Based on the distribution chart, PJT Partners ranks #299 out of 574 companies in the Capital Markets industry, which is below the industry midpoint. Overall, PJT Partners has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PJT Partners' Cyclically Adjusted PS Ratio compare to GLXY and MC?
According to the Capital Markets industry distribution chart, PJT Partners ranks #299 out of 574 companies for Cyclically Adjusted PS Ratio. This places PJT Partners in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 3.70. PJT Partners' value of 3.95 is 6.8% above this benchmark. Historically, PJT Partners' own Cyclically Adjusted PS Ratio has ranged from 2.03 to 4.59 over the past decade. While the company's 10-year median is 3.59 vs. the industry median of 3.70, PJT Partners has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for a Capital Markets company?
The median Cyclically Adjusted PS Ratio among Capital Markets companies is 3.70, based on 574 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PJT Partners's current Cyclically Adjusted PS Ratio of 3.95 is 6.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on PJT Partners and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PS Ratio is 3.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PJT Partners's current Cyclically Adjusted PS Ratio is 3.95, which is 10% above median its own 10-year median of 3.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PJT Partners stock overvalued right now?
Based on GuruFocus' analysis, PJT Partners (STU:1PJ) is currently considered Modestly Undervalued. The stock's GF Value™ is €190.99, compared to a current price of €155.00 — trading 18.8% below its estimated fair value. The current Cyclically Adjusted PS Ratio is 3.95, which is 10% above median its 10-year median of 3.59 and 6.8% above the Capital Markets industry median of 3.70. PJT Partners' overall GF Score™ is 93/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For PJT Partners (STU:1PJ), the current Cyclically Adjusted PS Ratio is 3.95 as of Sep. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is PJT Partners (STU:1PJ) Overvalued in 2026?

Based on GuruFocus' analysis, PJT Partners stock appears to be undervalued. The current stock price of €155.00 is trading 18.8% below its estimated GF Value™ of €190.99. GuruFocus considers PJT Partners to be Modestly Undervalued.

Key valuation signals for STU:1PJ:

  • Cyclically Adjusted PS Ratio: 3.95 (10% above median its 10-year median of 3.59)
  • GF Value™: €190.99 vs. price of €155.00 (18.8% below fair value)
  • GF Score™: 93/100 with 5 warning signs
  • Industry Position: 6.8% above the Capital Markets median (#299 of 574)

No single metric tells the full story. See the STU:1PJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PJT Partners Business Description

Other Exchanges PJT:USA0KEC:UK
Address 280 Park Avenue, New York, NY, USA, 10017
PJT Partners Inc is an advisory-focused investment bank that offers a portfolio of advisory services designed to help its clients achieve their strategic objectives. The company delivers a range of strategic advisory, capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments around the world. It also provides private fund advisory and fundraising services for alternative investment strategies, including private equity, real estate, hedge funds, and private credit. The company generates its revenue from advisory fees, placement services, and others. Geographically, it generates maximum revenue from the United States, followed by the United Kingdom and other markets.
93GF Score

Get the complete analysis for STU:1PJ

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€155.00
Price
€190.99
GF Value