PJT Partners (PJT Partners) GF Value Rank : 3 (As of May. 04, 2024)

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What is PJT Partners GF Value Rank?

PJT Partners has the GF Value Rank of 3.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison of PJT Partners's GF Value Rank

For the Capital Markets subindustry, PJT Partners's GF Value Rank, along with its competitors' market caps and GF Value Rank 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.

PJT Partners's GF Value Rank Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, PJT Partners's GF Value Rank distribution charts can be found below:

* The bar in red indicates where PJT Partners's GF Value Rank falls into.

PJT Partners GF Value Rank Related Terms

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PJT Partners (PJT Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » PJT Partners Inc (NYSE:PJT) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

1PJ:Germany 1PJ:Germany

Address

280 Park Avenue, New York, NY, USA, 10017

Website

https://www.pjtpartners.com

PJT Partners Inc is an advisory-focused investment bank that offers a portfolio of advisory services designed to help its clients achieve their strategic objectives. The company delivers a range of strategic advisory, capital markets advisory, restructuring and special situations, and shareholder advisory services to corporations, financial sponsors, institutional investors, and governments around the world. It also provides private fund advisory and fundraising services for alternative investment strategies, including private equity, real estate, hedge funds, and private credit. The company generates its revenue from advisory fees, placement fees, and others. Geographically, It generates a majority of its revenue from the United States.

Executives

Ji-yeun Lee	officer: Managing Partner	C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Helen T Meates	officer: Chief Financial Officer	C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Kievdi Don Cornwell	director	C/O PJT PARTNERS INC., 280 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10017
Grace Reksten Skaugen	director	C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
David Adam Travin	officer: General Counsel	C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
James W Cuminale	officer: General Counsel	ONE PICKWICK PLAZA, GREENWICH CT 06830
Paul J Taubman	director, officer: Chairman and CEO	C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Dennis S Hersch	director	8000 WALTON PARKWAY, SUITE 100, NEW ALBANY OH 43054
James Costos	director	C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Thomas M Ryan	director	ONE CVS DR, WOONSOCKET RI 02895
Kenneth C Whitney	director	C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Emily K Rafferty	director	C/O PJT PARTNERS INC., 280 PARK AVENUE, NEW YORK NY 10017
Kathleen Skero	officer: See Remarks	THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Blackstone Holdings I/ii Gp L.l.c.	10 percent owner	C/O BLACKSTONE INC., 345 PARK AVENUE, NEW YORK NY 10154
Michael Chae	officer: Chief Financial Officer	345 PARK AVENUE, NEW YORK NY 10154