SPLP (Steel Partners Holdings LP) Shiller PE Ratio: 11.66 (As of Jul. 23, 2026) — 38% Below Median

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SPLP Steel Partners Holdings LP SPLP
66 GF Score
Price $50.00
GF Value $51.26
! 5 Warning Signs
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What is Steel Partners Holdings LP Shiller PE Ratio?

Steel Partners Holdings LP SPLP -0.20% 66 Shiller PE Ratio is 11.66 as of Jul. 23, 2026, which is 38% below its 10-year median of 18.86. GuruFocus rates SPLP with a GF Score™ of 66/100 and a GF Value™ of $51.26. The stock has 5 warning signs investors should review.

As of today (2026-07-23), Steel Partners Holdings LP's current share price is $50.00. Steel Partners Holdings LP's E10 for the quarter that ended in Sep. 2025 was $4.29. Steel Partners Holdings LP's Shiller PE Ratio for today is 11.66.

The historical rank and industry rank for Steel Partners Holdings LP's Shiller PE Ratio or its related term are showing as below:

SPLP' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.76   Med: 18.86   Max: 43.24
Current: 11.64

During the past years, Steel Partners Holdings LP's highest Shiller PE Ratio was 43.24. The lowest was 8.76. And the median was 18.86.

SPLP's Shiller PE Ratio is not ranked
in the Conglomerates industry.
Industry Median: 17.155 vs SPLP: 11.64

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Steel Partners Holdings LP's adjusted earnings per share data for the three months ended in Sep. 2025 was $3.430. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $4.29 for the trailing ten years ended in Sep. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Steel Partners Holdings LP  (OTCPK:SPLP) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Steel Partners Holdings LP Shiller PE Ratio Related Terms


Steel Partners Holdings LP Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Steel Partners Holdings LP's Shiller PE 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.

Steel Partners Holdings LP Shiller PE Ratio Chart

Steel Partners Holdings LP Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.81 36.53 23.02 16.10 11.41

Steel Partners Holdings LP Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
Shiller PE 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 12.41 11.41 11.57 10.23 9.84

SPLP vs MATW, DLX, FIP: Shiller PE Ratio Comparison

For the Conglomerates subindustry, Steel Partners Holdings LP's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Steel Partners Holdings LP Shiller PE Ratio vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Steel Partners Holdings LP's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Steel Partners Holdings LP's Shiller PE Ratio falls into.


SPLP
66GF Score
Steel Partners Holdings LP SPLP
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steel Partners Holdings LP Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Steel Partners Holdings LP's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=50.00/4.29
=11.66

* 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's E10 for the quarter that ended in Sep. 2025 is calculated as:

For example, Steel Partners Holdings LP's adjusted earnings per share data for the three months ended in Sep. 2025 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2025 (Change)*Current CPI (Sep. 2025)
=3.43/324.8000*324.8000
=3.430

Current CPI (Sep. 2025) = 324.8000.

Steel Partners Holdings LP Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201512 2.200 236.525 3.021
201603 0.070 238.132 0.095
201606 0.350 241.018 0.472
201609 0.410 241.428 0.552
201612 -0.580 241.432 -0.780
201703 -0.160 243.801 -0.213
201706 0.410 244.955 0.544
201709 0.270 246.819 0.355
201712 -0.541 246.524 -0.713
201803 -0.350 249.554 -0.456
201806 0.420 251.989 0.541
201809 -0.230 252.439 -0.296
201812 -1.170 251.233 -1.513
201903 0.480 254.202 0.613
201906 0.610 256.143 0.774
201909 -0.120 256.759 -0.152
201912 -1.773 256.974 -2.241
202003 -2.430 258.115 -3.058
202006 -0.060 257.797 -0.076
202009 0.740 260.280 0.923
202012 2.520 260.474 3.142
202103 1.600 264.877 1.962
202106 1.030 271.696 1.231
202109 0.920 274.310 1.089
202112 1.250 278.802 1.456
202203 0.200 287.504 0.226
202206 3.520 296.311 3.858
202209 1.450 296.808 1.587
202212 2.820 296.797 3.086
202303 1.090 301.836 1.173
202306 2.440 305.109 2.597
202309 1.140 307.789 1.203
202312 1.750 306.746 1.853
202403 1.500 312.332 1.560
202406 4.850 314.175 5.014
202409 1.650 315.301 1.700
202412 3.400 315.605 3.499
202503 1.410 319.799 1.432
202506 3.430 322.561 3.454
202509 3.430 324.800 3.430

Add all the adjusted EPS together and divide 10 will get our E10.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 11.66 mean?
Steel Partners Holdings LP (SPLP) has a Shiller PE Ratio of 11.66 as of Jul. 23, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Steel Partners Holdings LP and its competitors. This is 38% below median its historical median of 18.86. Over the past decade, Steel Partners Holdings LP's Shiller PE Ratio has ranged from 8.76 to 43.24.
Is Steel Partners Holdings LP's Shiller PE Ratio too high?
Steel Partners Holdings LP's current Shiller PE Ratio of 11.66 is 38% below median its 10-year median of 18.86. Over the past 10 years, this metric has ranged from a low of 8.76 to a high of 43.24. The Conglomerates industry median Shiller PE Ratio is 17.16. Steel Partners Holdings LP's value of 11.66 is 32% below 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 Shiller PE Ratio compare to MATW and DLX?
Steel Partners Holdings LP's Shiller PE Ratio of 11.66 can be compared against companies in the Conglomerates industry. The industry median Shiller PE Ratio is 17.16. Steel Partners Holdings LP's value of 11.66 is 32% below this benchmark. Historically, Steel Partners Holdings LP's own Shiller PE Ratio has ranged from 8.76 to 43.24 over the past decade. While the company's 10-year median is 18.86 vs. the industry median of 17.16, Steel Partners Holdings LP 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 Shiller PE Ratio for a Conglomerates company?
The median Shiller PE Ratio among Conglomerates companies is 17.16, based on 362 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Steel Partners Holdings LP's current Shiller PE Ratio of 11.66 is 32% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on Steel Partners Holdings LP and its competitors. For the Conglomerates industry, the median Shiller PE Ratio is 17.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Partners Holdings LP's current Shiller PE Ratio is 11.66, which is 38% below median its own 10-year median of 18.86. 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 Shiller PE Ratio of 11.66. 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 Shiller PE Ratio is 11.66, which is 38% below median its 10-year median of 18.86 and 32% below the Conglomerates industry median of 17.16. Steel Partners Holdings LP's overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For Steel Partners Holdings LP (SPLP), the current Shiller PE Ratio is 11.66 as of Jul. 23, 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:

  • Shiller PE Ratio: 11.66 (38% below median its 10-year median of 18.86)
  • GF Value™: $51.26 vs. price of $50.00 (2.5% below fair value)
  • GF Score™: 66/100 with 5 warning signs
  • Industry Position: 32% below 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 Business Description

Other Exchanges SPLPP.PFD:USA
Address 590 Madison Avenue, 32nd Floor, New York, NY, USA, 10022
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

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

$50.00
Price
$51.26
GF Value