PJT PartnersPJT -0.50%90 Piotroski F-Score is 9 as of Jun. 26, 2026, which is 50% above its 10-year median of 6.00. GuruFocus rates PJT with a GF Score™ of 90/100 and a GF Value™ of $175.86 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 782 Capital Markets companies, PJT Partners ranks better than 99.87% on this metric.
Good Sign:
Piotroski F-Score is 9, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
PJT Partners has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for PJT Partners's Piotroski F-Score or its related term are showing as below:
PJT'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 9
Current: 9
During the past 13 years, the highest Piotroski F-Score of PJT Partners was 9. The lowest was 3. And the median was 6.
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
PJT Partners Piotroski F-Score Related Terms
PJT Partners Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for PJT Partners's Piotroski F-Score 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 vs MRX, VIRT, MIAX: Piotroski F-Score Comparison
For the Capital Markets subindustry, PJT Partners's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, PJT Partners's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where PJT Partners's Piotroski F-Score 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.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
PJT Partners's current Net Income (TTM) was 187.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
PJT Partners's return on assets of this year was 0.13360063. PJT Partners's return on assets of last year was 0.11966693.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
PJT Partners's gearing of this year was 0.26231352. PJT Partners's gearing of last year was 0.28056407.
==> This year is lower or equal to last year. ==> Score 1.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
PJT Partners's current ratio of this year was 8.14137176. PJT Partners's current ratio of last year was 5.9503227.
==> This year's current ratio is higher. ==> Score 1.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
PJT Partners's number of shares in issue this year was 43.282. PJT Partners's number of shares in issue last year was 44.462.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
PJT Partners's gross margin of this year was 0.32659693. PJT Partners's gross margin of last year was 0.31178279.
==> This year's gross margin is higher. ==> Score 1.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
PJT Partners's asset turnover of this year was 1.29401017. PJT Partners's asset turnover of last year was 1.14324835.
==> This year's asset turnover is higher. ==> Score 1.
Evaluation
Piotroski F-Score
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Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
PJT Partners has an F-score of 9. It is a good or high score, which usually indicates a very healthy situation.
PJT Partners (PJT) has a Piotroski F-Score of 9 as of Jun. 26, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PJT Partners and its competitors. This is 50% above median its historical median of 6.00. Over the past decade, PJT Partners' Piotroski F-Score has ranged from 3.00 to 9.00. According to the industry distribution chart, PJT Partners ranks #1 out of 782 companies in the Capital Markets industry, placing it in the top 0.099999999999994%.
Is PJT Partners' Piotroski F-Score too high?
PJT Partners' current Piotroski F-Score of 9 is 50% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 9.00. The Capital Markets industry median Piotroski F-Score is 5.00. PJT Partners' value of 9 is 80% above this industry median. Based on the distribution chart, PJT Partners ranks #1 out of 782 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, PJT Partners has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PJT Partners' Piotroski F-Score compare to MRX and VIRT?
According to the Capital Markets industry distribution chart, PJT Partners ranks #1 out of 782 companies for Piotroski F-Score. This places PJT Partners in the top 0% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 5.00. PJT Partners' value of 9 is 80% above this benchmark. Historically, PJT Partners' own Piotroski F-Score has ranged from 3.00 to 9.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 5.00, 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 Piotroski F-Score for a Capital Markets company?
The median Piotroski F-Score among Capital Markets companies is 5.00, based on 782 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. PJT Partners's current Piotroski F-Score of 9 is 80% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on PJT Partners and its competitors. For the Capital Markets industry, the median Piotroski F-Score is 5.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PJT Partners's current Piotroski F-Score is 9, which is 50% above median its own 10-year median of 6.00. 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 $175.86, compared to a current price of $151.63 — trading 13.8% below its estimated fair value. The current Piotroski F-Score is 9, which is 50% above median its 10-year median of 6.00 and 80% above the Capital Markets industry median of 5.00. PJT Partners' overall GF Score™ is 90/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For PJT Partners (PJT), the current Piotroski F-Score is 9 as of Jun. 26, 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 $151.63 is trading 13.8% below its estimated GF Value™ of $175.86.
GuruFocus considers PJT Partners to be Modestly Undervalued.
Key valuation signals for PJT:
Piotroski F-Score: 9 (50% above median its 10-year median of 6.00)
GF Value™: $175.86 vs. price of $151.63 (13.8% below fair value)
Industry Position: 80% above the Capital Markets median (#1 of 782)
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.
90GF Score
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