StepStone GroupSTEP -3.96%50 PS Ratio is 1.56 as of Jun. 26, 2026, which is 50% below its 10-year median of 3.12. GuruFocus rates STEP with a GF Score™ of 50/100 and a GF Value™ of $90.75 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,412 Asset Management companies, StepStone Group ranks better than 88.88% on this metric.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. As of today, StepStone Group's share price is $39.31.
StepStone Group's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $25.18. Hence, StepStone Group's PS Ratio for today is 1.56.
Good Sign:
StepStone Group Inc stock PS Ratio (=1.62) is close to 3-year low of 1.62.
The historical rank and industry rank for StepStone Group's PS Ratio or its related term are showing as below:
STEP'
s PS Ratio Range Over the Past 10 Years
Min: 0.97 Med: 3.12 Max: 17.19
Current: 1.56
During the past 9 years, StepStone Group's highest PS Ratio was 17.19. The lowest was 0.97. And the median was 3.12.
STEP's PS Ratio is ranked better than 88.88% of 1412
companies
in the Asset Management industry
Industry Median: 7.32
vs STEP: 1.56
During the past 9 years, StepStone Group's highest 3-Year average Revenue per Share Growth Rate was 38.30% per year. The lowest was -23.30% per year. And the median was 10.05% per year.
Back to Basics: PS Ratio
StepStone Group (NAS:STEP) PS Ratio Explanation
The PS Ratio is an excellent valuation indicator if you want to compare a stock with its historical valuation or with the stocks in the same industry. The PS Ratio works especially well when you want to compare the stock's current valuation with its historical valuation. The PS Ratio is a great valuation tool for evaluating cyclical businesses where the PE Ratio works poorly. It works the best when comparing the current valuation with the historical valuation because over time, a company's profit margin tends to revert to the mean.
When the PS Ratio is applied to the whole stock market, it can be used to evaluate the current market valuation and projected returns. In this case, the price is the total market cap of all stocks that are traded, and sales are the GDP of the country. This is how Warren Buffett estimates the broad market valuation and project future returns.
The PS Ratio does not tell you how cheap or expensive the stock is. It cannot be used to compare companies in different industries. It works better for companies within the same industry because these companies tend to have similar capital structures and profit margins. It works the best when comparing a company with itself in the past.
StepStone Group PS Ratio Related Terms
StepStone Group PS Ratio Historical Data
* Premium members only.
The historical data trend for StepStone Group's PS 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.
For the Asset Management subindustry, StepStone Group's PS Ratio, along with its competitors' market caps and PS 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 PS Ratio vs Asset Management Industry
For the Asset Management industry and Financial Services sector, StepStone Group's PS Ratio distribution charts can be found below:
* The bar in red indicates where StepStone Group's PS Ratio falls into.
The PS Ratio, or Price-to-Sales ratio, or Price/Sales, is a financial ratio used to compare a company's market price to its Revenue per Share. It is a ratio widely used to value stocks and it was first used by Ken Fisher.
StepStone Group's Share Price of today is $39.31. StepStone Group's Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $25.18.
* 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:
StepStone Group (STEP) has a PS Ratio of 1.56 as of Jun. 26, 2026. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on StepStone Group and its competitors. This is 50% below median its historical median of 3.12. Over the past decade, StepStone Group's PS Ratio has ranged from 0.97 to 17.19. According to the industry distribution chart, StepStone Group ranks #157 out of 1412 companies in the Asset Management industry, placing it in the top 11.1%.
Is StepStone Group's PS Ratio too high?
StepStone Group's current PS Ratio of 1.56 is 50% below median its 10-year median of 3.12. Over the past 10 years, this metric has ranged from a low of 0.97 to a high of 17.19. The Asset Management industry median PS Ratio is 7.32. StepStone Group's value of 1.56 is 78.7% below this industry median. Based on the distribution chart, StepStone Group ranks #157 out of 1412 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 50/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does StepStone Group's PS Ratio compare to DNP and UTG?
According to the Asset Management industry distribution chart, StepStone Group ranks #157 out of 1412 companies for PS Ratio. This places StepStone Group in the top 11% of its industry — outperforming the majority of peers. The industry median PS Ratio is 7.32. StepStone Group's value of 1.56 is 78.7% below this benchmark. Historically, StepStone Group's own PS Ratio has ranged from 0.97 to 17.19 over the past decade. While the company's 10-year median is 3.12 vs. the industry median of 7.32, StepStone Group has consistently been below 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 PS Ratio for an Asset Management company?
The median PS Ratio among Asset Management companies is 7.32, based on 1,412 companies in the industry. Companies in the top quartile (top 25%) have a PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. StepStone Group's current PS Ratio of 1.56 is 78.7% below 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 PS Ratio mean?
A high PS Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Sales ratio is the ratio of share price to a company's revenue per share. View historical data on StepStone Group and its competitors. For the Asset Management industry, the median PS Ratio is 7.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. StepStone Group's current PS Ratio is 1.56, which is 50% below median its own 10-year median of 3.12. 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 $90.75, compared to a current price of $39.31 — trading 56.7% below its estimated fair value. The current PS Ratio is 1.56, which is 50% below median its 10-year median of 3.12 and 78.7% below the Asset Management industry median of 7.32. StepStone Group's overall GF Score™ is 50/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PS Ratio calculated?
PS Ratio is calculated from a company's financial statements. For StepStone Group (STEP), the current PS Ratio is 1.56 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 StepStone Group (STEP) Overvalued in 2026?
Based on GuruFocus' analysis, StepStone Group stock appears to be undervalued.
The current stock price of $39.31 is trading 56.7% below its estimated GF Value™ of $90.75.
GuruFocus considers StepStone Group to be Possible Value Trap.
Key valuation signals for STEP:
PS Ratio: 1.56 (50% below median its 10-year median of 3.12)
GF Value™: $90.75 vs. price of $39.31 (56.7% below fair value)
Industry Position: 78.7% below the Asset Management median (#157 of 1412)
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.
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