PJT (PJT Partners) E10: $3.44 (As of Jun. 2026)

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PJT PJT Partners Inc PJT
80 GF Score
Price $169.36
GF Value $219.11
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is PJT Partners E10?

PJT Partners PJT -1.16% 80 E10 is $3.44 as of Jun. 2026. GuruFocus rates PJT with a GF Score™ of 80/100 and a GF Value™ of $219.11 (Modestly Undervalued). The stock has 5 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

PJT Partners's adjusted earnings per share data for the three months ended in Jun. 2026 was $1.660. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $3.44 for the trailing ten years ended in Jun. 2026.

During the past 12 months, PJT Partners's average E10 Growth Rate was 22.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the E10 growth rate using E10 data.

As of today (2026-08-11), PJT Partners's current stock price is $169.36. PJT Partners's E10 for the quarter that ended in Jun. 2026 was $3.44. PJT Partners's Shiller PE Ratio of today is 49.23.

During the past 13 years, the highest Shiller PE Ratio of PJT Partners was 75.45. The lowest was 40.89. And the median was 56.01.


PJT Partners  (NYSE:PJT) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

PJT Partners's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=169.36/3.44
=49.23

* 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.

During the past 13 years, the highest Shiller P/E Ratio of PJT Partners was 75.45. The lowest was 40.89. And the median was 56.01.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


PJT Partners E10 Related Terms


PJT Partners E10 Historical Data

* Premium members only.

The historical data trend for PJT Partners's E10 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 E10 Chart

PJT Partners Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 1.80 2.33 2.96

PJT Partners Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
E10 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 2.82 2.67 2.96 3.23 3.44

PJT vs LAZ, GLXY, MKTX: E10 Comparison

For the Capital Markets subindustry, PJT Partners's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Capital Markets Industry

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

* The bar in red indicates where PJT Partners's Shiller PE Ratio falls into.


PJT
80GF Score
PJT Partners Inc PJT
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PJT Partners E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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.

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

Adj_EPS= Earnings per Share (Diluted) /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=1.66/333.9520*333.9520
=1.660

Current CPI (Jun. 2026) = 333.9520.

PJT Partners Quarterly Data

per share eps CPI Adj_EPS
201609 -0.539 241.428 -0.746
201612 0.197 241.432 0.272
201703 0.070 243.801 0.096
201706 0.012 244.955 0.016
201709 0.176 246.819 0.238
201712 -1.117 246.524 -1.513
201803 0.265 249.554 0.355
201806 0.330 251.989 0.437
201809 0.353 252.439 0.467
201812 0.188 251.233 0.250
201903 0.046 254.202 0.060
201906 0.208 256.143 0.271
201909 0.295 256.759 0.384
201912 0.426 256.974 0.554
202003 0.783 258.115 1.013
202006 0.899 257.797 1.165
202009 1.299 260.280 1.667
202012 1.170 260.474 1.500
202103 1.029 264.877 1.297
202106 0.945 271.696 1.162
202109 0.882 274.310 1.074
202112 0.869 278.802 1.041
202203 1.000 287.504 1.162
202206 0.740 296.311 0.834
202209 0.820 296.808 0.923
202212 0.950 296.797 1.069
202303 0.670 301.836 0.741
202306 0.860 305.109 0.941
202309 0.680 307.789 0.738
202312 0.870 306.746 0.947
202403 1.220 312.332 1.304
202406 1.060 314.175 1.127
202409 0.790 315.301 0.837
202412 1.830 315.605 1.936
202503 1.990 319.799 2.078
202506 1.210 322.561 1.253
202509 1.470 324.800 1.511
202512 1.970 324.054 2.030
202603 2.210 330.213 2.235
202606 1.660 333.952 1.660

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $3.44 mean?
PJT Partners (PJT) has a E10 of $3.44 as of Jun. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PJT Partners and its competitors.
Is PJT Partners' E10 too high?
PJT Partners' current E10 is $3.44. Overall, PJT Partners has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PJT Partners' E10 compare to LAZ and GLXY?
PJT Partners' E10 of $3.44 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good E10 for a Capital Markets company?
A good E10 depends on the Capital Markets industry context. However, E10 should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on PJT Partners and its competitors. PJT Partners's current E10 is $3.44. 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 $219.11, compared to a current price of $169.36 — trading 22.7% below its estimated fair value. The current E10 is $3.44. PJT Partners' overall GF Score™ is 80/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For PJT Partners (PJT), the current E10 is $3.44 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 $169.36 is trading 22.7% below its estimated GF Value™ of $219.11. GuruFocus considers PJT Partners to be Modestly Undervalued.

Key valuation signals for PJT:

  • E10: $3.44
  • GF Value™: $219.11 vs. price of $169.36 (22.7% below fair value)
  • GF Score™: 80/100 with 5 warning signs

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 Business Description

Other Exchanges 0KEC: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.
80GF Score

Get the complete analysis for PJT

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$169.36
Price
$219.11
GF Value