STEP (StepStone Group) PB Ratio: (As of Jun. 26, 2026)


STEP StepStone Group Inc STEP
50 GF Score
Price $39.54
GF Value $90.75
Valuation Possible Value Trap
! 3 Warning Signs
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What is StepStone Group PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-06-26), StepStone Group's share price is $39.54. StepStone Group's Book Value per Share for the quarter that ended in Mar. 2026 was $-5.12. Hence, StepStone Group's PB Ratio of today is .

The historical rank and industry rank for StepStone Group's PB Ratio or its related term are showing as below:

During the past 9 years, StepStone Group's highest PB Ratio was 33.40. The lowest was 1.76. And the median was 4.64.

STEP's PB Ratio is not ranked *
in the Asset Management industry.
Industry Median: 0.95
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, StepStone Group's average Book Value Per Share Growth Rate was -319.30% per year.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of StepStone Group was 40.40% per year. The lowest was -44.10% per year. And the median was 3.05% per year.

Back to Basics: PB Ratio


StepStone Group  (NAS:STEP) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


StepStone Group PB Ratio Related Terms


StepStone Group PB Ratio Historical Data

* Premium members only.

The historical data trend for StepStone Group's PB Ratio 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.

StepStone Group PB Ratio Chart

StepStone Group Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
PB Ratio
Get a 7-Day Free Trial Premium Member Only 2.47 1.98 7.23 22.35 0.00

StepStone Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
PB Ratio 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 22.35 28.32 0.00 0.00 0.00

STEP vs DNP, UTG, HLNE: PB Ratio Comparison

For the Asset Management subindustry, StepStone Group's PB Ratio, along with its competitors' market caps and PB 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.


StepStone Group PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, StepStone Group's PB Ratio distribution charts can be found below:

* The bar in red indicates where StepStone Group's PB Ratio falls into.


STEP
50GF Score
StepStone Group Inc STEP
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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StepStone Group PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

StepStone Group's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2026)
=39.54/-5.124
=

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Is StepStone Group (STEP) Overvalued in 2026?

Based on GuruFocus' analysis, StepStone Group stock appears to be undervalued. The current stock price of $39.54 is trading 56.4% below its estimated GF Value™ of $90.75. GuruFocus considers StepStone Group to be Possible Value Trap.

Key valuation signals for STEP:

  • PB Ratio:
  • GF Value™: $90.75 vs. price of $39.54 (56.4% below fair value)
  • GF Score™: 50/100 with 3 warning signs

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 Business Description

Other Exchanges STEP:Mexico
Address 277 Park Avenue, 45th Floor, New York, NY, USA, 10172
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.
50GF Score

Get the complete analysis for STEP

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

$39.54
Price
$90.75
GF Value