This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
The historical rank and industry rank for Steel Partners Holdings LP's Median PS Value or its related term are showing as below:
SPLP'
s Price-to-Median-PS-Value Range Over the Past 10 Years
Min: 1.06 Med: 1.25 Max: 1.64
Current: 1.29
During the past 13 years, the highest Price to Median PS Value of Steel Partners Holdings LP was 1.64. The lowest was 1.06. And the median was 1.25.
SPLP's Price-to-Median-PS-Value is not ranked
in the Conglomerates industry.
Industry Median: 0.98
vs SPLP: 1.29
Steel Partners Holdings LP (OTCPK:SPLP) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
Steel Partners Holdings LP's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
50.00
/
38.80
=
1.29
* 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.
Steel Partners Holdings LP Median PS Value Related Terms
Steel Partners Holdings LP Median PS Value 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.
SPLP vs MATW, DLX, FIP: Median PS Value Comparison
For the Conglomerates subindustry, Steel Partners Holdings LP's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
Steel Partners Holdings LP Price-to-Median-PS-Value vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Steel Partners Holdings LP's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where Steel Partners Holdings LP's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 0.4175.
Steel Partners Holdings LP's Revenue per Share for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $92.93.
* 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.
Steel Partners Holdings LP (SPLP) has a Median PS Value of $38.80 as of Jun. 25, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Steel Partners Holdings LP and its competitors. This is 3004% above median its historical median of 1.25. Over the past decade, Steel Partners Holdings LP's Median PS Value has ranged from 1.06 to 1.64.
Is Steel Partners Holdings LP's Median PS Value too high?
Steel Partners Holdings LP's current Median PS Value of $38.80 is 3004% above median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 1.06 to a high of 1.64. The Conglomerates industry median Median PS Value is 0.98. Steel Partners Holdings LP's value of $38.80 is 3859.2% above this industry median. Overall, Steel Partners Holdings LP has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Steel Partners Holdings LP's Median PS Value compare to MATW and DLX?
Steel Partners Holdings LP's Median PS Value of $38.80 can be compared against companies in the Conglomerates industry. The industry median Median PS Value is 0.98. Steel Partners Holdings LP's value of $38.80 is 3859.2% above this benchmark. Historically, Steel Partners Holdings LP's own Median PS Value has ranged from 1.06 to 1.64 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 0.98, Steel Partners Holdings LP 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 Median PS Value for a Conglomerates company?
The median Median PS Value among Conglomerates companies is 0.98, based on 407 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Steel Partners Holdings LP's current Median PS Value of $38.80 is 3859.2% 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 Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on Steel Partners Holdings LP and its competitors. For the Conglomerates industry, the median Median PS Value is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Partners Holdings LP's current Median PS Value is $38.80, which is 3004% above median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Partners Holdings LP stock overvalued right now?
Steel Partners Holdings LP (SPLP) has a current Median PS Value of $38.80. The stock's GF Value™ is $51.26, compared to a current price of $50.00 — trading 2.5% below its estimated fair value. The current Median PS Value is $38.80, which is 3004% above median its 10-year median of 1.25 and 3859.2% above the Conglomerates industry median of 0.98. Steel Partners Holdings LP's overall GF Score™ is 66/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For Steel Partners Holdings LP (SPLP), the current Median PS Value is $38.80 as of Jun. 25, 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 Steel Partners Holdings LP (SPLP) Overvalued in 2026?
Based on GuruFocus' analysis, Steel Partners Holdings LP stock appears to be undervalued.
The current stock price of $50.00 is trading 2.5% below its estimated GF Value™ of $51.26.
Key valuation signals for SPLP:
Median PS Value: $38.80 (3004% above median its 10-year median of 1.25)
GF Value™: $51.26 vs. price of $50.00 (2.5% below fair value)
Industry Position: 3859.2% above the Conglomerates median
No single metric tells the full story. See the SPLP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Steel Partners Holdings LP operates in industrial products, energy, defense, supply chain management and logistics, banking, and youth sports industries. Its segments include the Diversified Industrial segment comprised of manufacturers of engineered niche industrial products, joining materials, tubing, building materials, performance materials etc; the Energy segment provides drilling and production services to the oil and gas industry and owns a youth sports business; the Financial Services segment consists of the operations of WebBank, a Utah chartered industrial bank, which engages in full range of banking activities; The Supply Chain segment consists of end-to-end world-wide supply; and Corporate and Other consists of equity method and other investments, and cash and cash equivalents.
66GF Score
Get the complete analysis for SPLP
Median PS Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
SPLP has been successfully added to your 
