Pershing Square HoldingsXAMS:PSH 25 EV-to-FCF is -450.40 as of Jul. 06, 2026. GuruFocus rates XAMS:PSH with a GF Score™ of 25/100. The stock has 5 warning signs investors should review. Among 938 Asset Management companies, Pershing Square Holdings ranks worse than 106609.7% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Pershing Square Holdings's Enterprise Value is $13,387 Mil.
Pershing Square Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $-30 Mil. Therefore, Pershing Square Holdings's EV-to-FCF for today is -450.40.
The historical rank and industry rank for Pershing Square Holdings's EV-to-FCF or its related term are showing as below:
XAMS:PSH'
s EV-to-FCF Range Over the Past 10 Years
Min: -450.4 Med: -3.1 Max: 28.15
Current: -450.4
During the past 12 years, the highest EV-to-FCF of Pershing Square Holdings was 28.15. The lowest was -450.40. And the median was -3.10.
XAMS:PSH's EV-to-FCF is ranked worse than 100% of 938
companies
in the Asset Management industry
Industry Median: 14.55
vs XAMS:PSH: -450.40
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Pershing Square Holdings's PE Ratio (TTM) for today is calculated as:
Pershing Square Holdings's share price for today is $51.60.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Pershing Square Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 was $14.080.
* 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.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Pershing Square Holdings EV-to-FCF Related Terms
Pershing Square Holdings EV-to-FCF Historical Data
* 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 Asset Management subindustry, Pershing Square Holdings's EV-to-FCF, along with its competitors' market caps and EV-to-FCF 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.
Pershing Square Holdings EV-to-FCF vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Pershing Square Holdings's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Pershing Square Holdings's EV-to-FCF falls into.
Pershing Square Holdings's current Enterprise Value is $13,387 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Pershing Square Holdings's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was $-30 Mil.
* 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.
Pershing Square Holdings (XAMS:PSH) has a EV-to-FCF of -450.40 as of Jul. 06, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Pershing Square Holdings and its competitors. According to the industry distribution chart, Pershing Square Holdings ranks #999999 out of 938 companies in the Asset Management industry.
Is Pershing Square Holdings' EV-to-FCF too high?
Pershing Square Holdings' current EV-to-FCF is -450.40. Based on the distribution chart, Pershing Square Holdings ranks #999999 out of 938 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Pershing Square Holdings has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Pershing Square Holdings' EV-to-FCF compare to BLK and BX?
According to the Asset Management industry distribution chart, Pershing Square Holdings ranks #999999 out of 938 companies for EV-to-FCF. This places Pershing Square Holdings in the lower half of its industry. The industry median EV-to-FCF is 14.55. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Asset Management company?
The median EV-to-FCF among Asset Management companies is 14.55, based on 938 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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 EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Pershing Square Holdings and its competitors. For the Asset Management industry, the median EV-to-FCF is 14.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pershing Square Holdings's current EV-to-FCF is -450.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pershing Square Holdings stock overvalued right now?
Pershing Square Holdings (XAMS:PSH) has a current EV-to-FCF of -450.40. The current EV-to-FCF is -450.40. Pershing Square Holdings' overall GF Score™ is 25/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Pershing Square Holdings (XAMS:PSH), the current EV-to-FCF is -450.40 as of Jul. 06, 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.
Pershing Square Holdings Ltd is a closed-ended investment scheme. The company's investment objective is to preserve capital and to seek maximum, long-term capital appreciation commensurate with reasonable risk. It seeks to achieve its investment objective through long and occasionally short positions in equity or debt securities of public U.S. and non-U.S. issuers, derivative instruments, and other financial instruments.
25GF Score
Get the complete analysis for XAMS:PSH
EV-to-FCF is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
XAMS:PSH has been successfully added to your 
