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Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). StepStone Group's share price for the quarter that ended in Mar. 2026 was $47.72. StepStone Group's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 81 Mil. Therefore, StepStone Group's market cap for the quarter that ended in Mar. 2026 was $3,851 Mil.
StepStone Group's quarterly market cap
declined
from Sep. 2025 ($5,168 Mil) to Dec. 2025 ($5,142 Mil) and
declined
from Dec. 2025 ($5,142 Mil) to Mar. 2026 ($3,851 Mil).
StepStone Group's annual market cap
increased
from Mar. 2024 ($2,345 Mil) to Mar. 2025 ($4,009 Mil) but then
declined
from Mar. 2025 ($4,009 Mil) to Mar. 2026 ($3,851 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. StepStone Group's Enterprise Value for Today is $5,097 Mil.
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
StepStone Group Market Cap Related Terms
StepStone Group Market Cap Historical Data
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The historical data trend for StepStone Group's Market Cap 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 Asset Management subindustry, StepStone Group's Market Cap, along with its competitors' market caps and Market Cap 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.
StepStone Group Market Cap vs Asset Management Industry
For the Asset Management industry and Financial Services sector, StepStone Group's Market Cap distribution charts can be found below:
* The bar in red indicates where StepStone Group's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
StepStone Group's Market Cap for the fiscal year that ended in Mar. 2026 is calculated as
* 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.
StepStone Group (STEP) has a Market Cap of $3,610 Mil as of Aug. 01, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on StepStone Group and its competitors. According to the industry distribution chart, StepStone Group ranks #100 out of 1667 companies in the Asset Management industry, placing it in the top 6%.
Is StepStone Group's Market Cap too high?
StepStone Group's current Market Cap is $3,610 Mil. The Asset Management industry median Market Cap is 195.78. StepStone Group's value of $3,610 Mil is 1743.9% above this industry median. Based on the distribution chart, StepStone Group ranks #100 out of 1667 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, StepStone Group has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does StepStone Group's Market Cap compare to AB and NEA?
According to the Asset Management industry distribution chart, StepStone Group ranks #100 out of 1667 companies for Market Cap. This places StepStone Group in the top 6% of its industry — outperforming the majority of peers. The industry median Market Cap is 195.78. StepStone Group's value of $3,610 Mil is 1743.9% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Asset Management company?
The median Market Cap among Asset Management companies is 195.78, based on 1,667 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. StepStone Group's current Market Cap of $3,610 Mil is 1743.9% 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on StepStone Group and its competitors. For the Asset Management industry, the median Market Cap is 195.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. StepStone Group's current Market Cap is $3,610 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is StepStone Group stock overvalued right now?
Based on GuruFocus' analysis, StepStone Group (STEP) is currently considered Possible Value Trap. The stock's GF Value™ is $89.59, compared to a current price of $43.88 — trading 51% below its estimated fair value. The current Market Cap is $3,610 Mil and 1743.9% above the Asset Management industry median of 195.78. StepStone Group's overall GF Score™ is 49/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For StepStone Group (STEP), the current Market Cap is $3,610 Mil as of Aug. 01, 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 StepStone Group (STEP) Overvalued in 2026?
Based on GuruFocus' analysis, StepStone Group stock appears to be undervalued.
The current stock price of $43.88 is trading 51% below its estimated GF Value™ of $89.59.
GuruFocus considers StepStone Group to be Possible Value Trap.
Key valuation signals for STEP:
Market Cap: $3,610 Mil
GF Value™: $89.59 vs. price of $43.88 (51% below fair value)
Industry Position: 1743.9% above the Asset Management median (#100 of 1667)
No single metric tells the full story. See the STEP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
StepStone Group Inc operates as a fully integrated private markets solution provider. The company provides customized investment solutions and advisory and data services. It provides investment solutions in the areas of private equity, real estate, private debt, and infrastructure and real assets. The company consists of a single operating segment and a single reportable segment for accounting and financial reporting purposes.
49GF Score
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