Pershing Square Holdings (LSE:PSH) Research & Development: £0 Mil (TTM As of Dec. 2025)


LSE:PSH Pershing Square Holdings Ltd LSE:PSH
47 GF Score
Price £37.82
GF Value £42.69
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Pershing Square Holdings Research & Development?

Pershing Square Holdings LSE:PSH +0.21% 47 Research & Development is £0 Mil as of Dec. 2025. GuruFocus rates LSE:PSH with a GF Score™ of 47/100 and a GF Value™ of £42.69 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Pershing Square Holdings's Research & Development for the six months ended in Dec. 2025 was £0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was £0 Mil.

Pershing Square Holdings  (LSE:PSH) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Pershing Square Holdings Research & Development Related Terms

Pershing Square Holdings Research & Development Historical Data

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The historical data trend for Pershing Square Holdings's Research & Development 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.

Pershing Square Holdings Research & Development Chart

Pershing Square Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
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Pershing Square Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Research & Development 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 0.00 0.00 0.00 0.00 0.00
LSE:PSH
47GF Score
Pershing Square Holdings Ltd LSE:PSH
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Pershing Square Holdings Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0 Mil.

* 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of £0 Mil mean?
Pershing Square Holdings (LSE:PSH) has a Research & Development of £0 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Pershing Square Holdings and its competitors.
Is Pershing Square Holdings' Research & Development too high?
Pershing Square Holdings' current Research & Development is £0 Mil. Overall, Pershing Square Holdings has a GF Score™ of 47/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pershing Square Holdings' Research & Development compare to BLK and BX?
Pershing Square Holdings' Research & Development of £0 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Asset Management company?
A good Research & Development depends on the Asset Management industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Pershing Square Holdings and its competitors. Pershing Square Holdings's current Research & Development is £0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pershing Square Holdings stock overvalued right now?
Based on GuruFocus' analysis, Pershing Square Holdings (LSE:PSH) is currently considered Modestly Undervalued. The stock's GF Value™ is £42.69, compared to a current price of £37.82 — trading 11.4% below its estimated fair value. The current Research & Development is £0 Mil. Pershing Square Holdings' overall GF Score™ is 47/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Pershing Square Holdings (LSE:PSH), the current Research & Development is £0 Mil as of Dec. 2025. 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 Pershing Square Holdings (LSE:PSH) Overvalued in 2026?

Based on GuruFocus' analysis, Pershing Square Holdings stock appears to be undervalued. The current stock price of £37.82 is trading 11.4% below its estimated GF Value™ of £42.69. GuruFocus considers Pershing Square Holdings to be Modestly Undervalued.

Key valuation signals for LSE:PSH:

  • Research & Development: £0 Mil
  • GF Value™: £42.69 vs. price of £37.82 (11.4% below fair value)
  • GF Score™: 47/100 with 5 warning signs

No single metric tells the full story. See the LSE:PSH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Pershing Square Holdings Business Description

Address Les Banques, Trafalgar Court, Channel Islands, Saint Peter Port, GGY, GY1 3QL
Pershing Square Holdings Ltd is a closed-ended investment scheme. The company's investment objective is to preserve capital and to seek maximum, long-term capital appreciation commensurate with reasonable risk. It seeks to achieve its investment objective through long and occasionally short positions in equity or debt securities of public U.S. and non-U.S. issuers, derivative instruments, and other financial instruments.
47GF Score

Get the complete analysis for LSE:PSH

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

£37.82
Price
£42.69
GF Value