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PJT PartnersPJT +1.62%91 Debt-to-Equity is 1.34 as of Jun. 2026, which is 1% below its 10-year median of 1.35. GuruFocus rates PJT with a GF Score™ of 91/100 and a GF Value™ of $218.91 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 610 Capital Markets companies, PJT Partners ranks worse than 78.85% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for PJT Partners's Debt-to-Equity or its related term are showing as below:
PJT'
s Debt-to-Equity Range Over the Past 10 Years
Min: -1.54 Med: 1.35 Max: 32.25
Current: 1.34
During the past 13 years, the highest Debt-to-Equity Ratio of PJT Partners was 32.25. The lowest was -1.54. And the median was 1.35.
PJT's Debt-to-Equity is ranked worse than 78.85% of 610
companies
in the Capital Markets industry
Industry Median: 0.305
vs PJT: 1.34
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
PJT Partners Debt-to-Equity Related Terms
PJT Partners Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for PJT Partners's Debt-to-Equity 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.
For the Capital Markets subindustry, PJT Partners's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, PJT Partners's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where PJT Partners's Debt-to-Equity falls into.
* 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 (PJT) has a Debt-to-Equity of 1.34 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PJT Partners and its competitors. This is near median its historical median of 1.35. According to the industry distribution chart, PJT Partners ranks #481 out of 610 companies in the Capital Markets industry, placing it in the top 78.9%.
Is PJT Partners' Debt-to-Equity too high?
PJT Partners' current Debt-to-Equity of 1.34 is near median its 10-year median of 1.35. The Capital Markets industry median Debt-to-Equity is 0.31. PJT Partners' value of 1.34 is 339.3% above this industry median. Based on the distribution chart, PJT Partners ranks #481 out of 610 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, PJT Partners has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PJT Partners' Debt-to-Equity compare to LAZ and GLXY?
According to the Capital Markets industry distribution chart, PJT Partners ranks #481 out of 610 companies for Debt-to-Equity. This places PJT Partners in the lower half of its industry. The industry median Debt-to-Equity is 0.31. PJT Partners' value of 1.34 is 339.3% above this benchmark. While the company's 10-year median is 1.35 vs. the industry median of 0.31, 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 Debt-to-Equity for a Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.31, based on 610 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PJT Partners's current Debt-to-Equity of 1.34 is 339.3% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on PJT Partners and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PJT Partners's current Debt-to-Equity is 1.34, which is near median its own 10-year median of 1.35. 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 (PJT) is currently considered Modestly Undervalued. The stock's GF Value™ is $218.91, compared to a current price of $174.01 — trading 20.5% below its estimated fair value. The current Debt-to-Equity is 1.34, which is near median its 10-year median of 1.35 and 339.3% above the Capital Markets industry median of 0.31. PJT Partners' overall GF Score™ is 91/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For PJT Partners (PJT), the current Debt-to-Equity is 1.34 as of Jun. 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 (PJT) Overvalued in 2026?
Based on GuruFocus' analysis, PJT Partners stock appears to be undervalued.
The current stock price of $174.01 is trading 20.5% below its estimated GF Value™ of $218.91.
GuruFocus considers PJT Partners to be Modestly Undervalued.
Key valuation signals for PJT:
Debt-to-Equity: 1.34 (near median its 10-year median of 1.35)
GF Value™: $218.91 vs. price of $174.01 (20.5% below fair value)
Industry Position: 339.3% above the Capital Markets median (#481 of 610)
No single metric tells the full story. See the PJT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
91GF Score
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