PJT Partners price to book ratio PJT

Market value divided by the book value of the company's net assets, since 2016.

Today, Oct 23, 2026: 11.5×
10-year median: 13.9×
Against its 10-year history: 22nd; percentile: 0 is its lowest day, 100 its highest
10-year range: 5.7× to 195×
Peer median: 4.8×

PJT Partners' price to book ratio is 11.5× as of Oct 23, 2026.

That is below its ten-year median of 13.9×, lower than on 78% of days in the last ten years.

Over that time it ranged from 5.7× in Nov 2016 to 195× in Jan 2020.

The median for 10 asset managers of a similar size is 4.8×.

Price to book ratio over time

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	11.5×	10.1×	20.0×
2025	18.3×	15.7×	30.2×
2024	23.8×	9.0×	26.4×
2023	12.8×	9.0×	13.5×
2022	12.1×	11.6×	22.9×
2021	23.1×	10.3×	26.5×
2020	11.6×	10.3×	195×
2019	189×	48.6×	189×
2018	n/m a value too high to mean anything
2017	n/m a value too high to mean anything
2016	5.7×	5.1×	5.8×

Against its peers

Companies in Asset Management nearest PJT Partners' size, closest first, today.

Company	Price to book ratio
PJTPJT Partners	11.5×
CNSCohen & Steers	6.2×
AAMIAcadian Asset Management	n/m
ABAlliancebernstein	2.6×
LAZLazard	4.5×
FHIFederated Hermes	3.4×
MCMoelis	8.4×
HLNEHamilton Lane INC	4.8×
HASIHA Sustainable Infrastructure Capital	1.8×
APAMArtisan Partners Asset Management	6.5×
GCMGGCM Grosvenor	99.0×
Peer median	4.8×

What the price to book ratio tells you

Market value divided by the accounting value of the company's net assets. Below 1 means the market values the business at less than what it owns on paper.

Book value misses brands, software and people, so asset-light companies always look expensive on it. Most useful for banks and industrials.

More on PJT Partners

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.