STEP - StepStone Group Inc. Stock Price, Fair Value and News

35.80USD+0.01 (+0.03%)Market Closed

Market Summary

USD35.80+0.01

Market Closed

0.03%

STEP Alerts

JPMORGAN CHASE & CO reported owning 4.3% of STEP [2024-04-09]

STEP Stock Price

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STEP RSI Chart

STEP Valuation

Market Cap

2.3B

Price/Earnings (Trailing)

40.91

Price/Sales (Trailing)

1.68

EV/EBITDA

9.97

Price/Free Cashflow

17.35

STEP Price/Sales (Trailing)

STEP Profitability

EBT Margin

12.33%

Return on Equity

7.36%

Return on Assets

1.62%

Free Cashflow Yield

5.76%

STEP Fundamentals

STEP Revenue

Rev. Growth (Qtr)

7.53%

STEP Earnings

Earnings (TTM)

56.1M

Earnings Growth (Yr)

-191.52%

Earnings Growth (Qtr)

-177.12%

Breaking Down STEP Revenue

Last 7 days

1.2%

Last 30 days

3.9%

Last 90 days

6.7%

Trailing 12 Months

57.3%

How does STEP drawdown profile look like?

STEP Financial Health

Debt/Equity

0.16

Debt/Cashflow

1.24

STEP Investor Care

Dividend Yield

2.2%

Dividend/Share (TTM)

0.8

Shares Dilution (1Y)

3.02%

Diluted EPS (TTM)

0.91

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	0	0	0	0
2022	1.4B	0	0	0
2021	993.1M	1.2B	1.2B	1.4B
2020	446.6M	0	589.9M	705.2M
2019	256.3M	0	319.7M	383.2M

Get all data in R, Python etc through our Historical Stock Data APIs

Tracking the Latest Insider Buys and Sells of StepStone Group Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Feb 26, 2024	keck thomas	sold	-131,026	35.47	-3,694	-
Feb 23, 2024	keck thomas	sold	-1,894,200	35.47	-53,403	-
Feb 22, 2024	keck thomas	sold	-1,736,260	35.68	-48,662	-
Feb 22, 2024	keathley anthony	sold	-16,743	35.7	-469	chief accounting officer
Feb 21, 2024	keck thomas	sold	-850,859	35.1	-24,241	-
Feb 16, 2024	lim james	sold	-2,182,580	35.11	-62,164	-
Feb 15, 2024	lim james	sold	-2,005,320	35.22	-56,937	-
Feb 14, 2024	keck thomas	acquired	-	-	9,519	-
Feb 14, 2024	keathley anthony	acquired	-	-	542	chief accounting officer
Feb 14, 2024	lim james	sold	-2,155,100	35.16	-61,294	-

Which funds bought or sold STEP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 23, 2024	AMALGAMATED BANK	reduced	-75.56	-178,000	67,000	-%
Apr 23, 2024	Global Retirement Partners, LLC	unchanged	-	245	2,252	-%
Apr 22, 2024	MetLife Investment Management, LLC	unchanged	-	7,158	911,388	0.01%
Apr 22, 2024	RAYMOND JAMES & ASSOCIATES	new	-	449,037	449,037	-%
Apr 18, 2024	Hexagon Capital Partners LLC	new	-	2,645	2,645	-%
Apr 18, 2024	SJS Investment Consulting Inc.	added	33.33	47.00	143	-%
Apr 18, 2024	WASATCH ADVISORS LP	added	1.61	13,020,800	105,385,000	0.55%
Apr 12, 2024	AdvisorNet Financial, Inc	new	-	1,072	1,072	-%
Apr 11, 2024	Fortitude Family Office, LLC	unchanged	-	74.00	679	-%
Apr 05, 2024	LOS ANGELES CAPITAL MANAGEMENT LLC	added	74.29	875,585	1,790,540	0.01%

Are Funds Buying or Selling STEP?

Are funds buying STEP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own STEP

No. of Funds

STEP Alerts

JPMORGAN CHASE & CO reported owning 4.3% of STEP [2024-04-09]

Unveiling StepStone Group Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Apr 22, 2024	brem monte m	48.0%	50,853,374	SC 13D/A
Apr 17, 2024	newhall charles ashton	4.85%	3,180,528	SC 13D/A
Apr 09, 2024	jpmorgan chase & co	4.3%	2,820,124	SC 13G/A
Apr 09, 2024	brem monte m	48.9%	51,751,225	SC 13D/A
Feb 27, 2024	brem monte m	48.3%	49,935,484	SC 13D/A
Feb 21, 2024	lim james	9.8%	6,317,455	SC 13D/A
Feb 16, 2024	t. rowe price investment management, inc.	4.7%	3,020,552	SC 13G/A
Feb 14, 2024	t. rowe price investment management, inc.	4.7%	3,020,552	SC 13G
Feb 14, 2024	brem monte m	49.1%	50,694,304	SC 13D/A
Feb 14, 2024	newhall charles ashton	5.3%	3,383,205	SC 13D/A

Recent SEC filings of StepStone Group Inc.

View All Filings

Date Filed	Form Type	Document
Apr 22, 2024	SC 13D/A	13D - Major Acquisition
Apr 17, 2024	SC 13D/A	13D - Major Acquisition
Apr 09, 2024	SC 13D/A	13D - Major Acquisition
Apr 09, 2024	SC 13G/A	Major Ownership Report
Mar 27, 2024	DEF 14A	DEF 14A
Mar 27, 2024	DEFA14A	DEFA14A
Mar 15, 2024	PRE 14A	PRE 14A
Feb 27, 2024	4	Insider Trading
Feb 27, 2024	SC 13D/A	13D - Major Acquisition
Feb 26, 2024	144	Notice of Insider Sale Intent

Peers (Alternatives to StepStone Group Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BLK	113.6B	17.9B	-6.59%	15.57%	20.64	6.36	-0.08%	6.26%
BX	88.4B	8.0B	-3.94%	43.19%	63.59	11.02	-5.81%	-20.41%
BK	43.7B	20.6B	2.48%	37.58%	13.3	2.12	87.93%	27.71%
ARES	41.8B	3.6B	1.65%	63.32%	88.19	11.52	18.87%	183.11%
BEN	13.3B	7.9B	-7.18%	-3.39%	13.78	1.7	-1.81%	-3.56%
MID-CAP
IVZ	6.5B	5.7B	-9.31%	-13.63%	-19.53	1.14	-5.50%	-148.79%
AMG	5.3B	2.1B	-0.92%	15.63%	7.9	2.58	-11.67%	-41.28%
AB	3.8B	-	-0.68%	-2.67%	14.52	-	-	-3.64%
CNS	3.5B	489.6M	-4.98%	17.69%	27.16	7.16	-13.63%	-24.55%
APAM	3.4B	975.1M	-3.96%	22.39%	15.19	3.46	-1.83%	7.51%
AMK	2.6B	708.5M	-1.44%	9.89%	21.07	3.66	15.83%	19.23%
SMALL-CAP
BSIG	881.8M	426.6M	2.44%	-	13.4	2.07	2.25%	-34.59%
PX	881.2M	241.7M	-5.24%	-23.95%	-128.06	3.65	21.87%	-123.56%
AINC	16.4M	746.8M	112.00%	-54.83%	-3.54	0.02	15.88%	-226.93%
AC	706.0K	25.3M	-0.30%	-11.76%	0.02	0.03	137.10%	176.58%

StepStone Group Inc. News

Latest updates

StepStone Group Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q1	2019Q4	2019Q3	2019Q1
Revenue	-100.0%	-	191	178	240	302	365	410	282	309	359	247	243	144	71.00	132	-
Costs and Expenses	-85.3%	19.00	130	121	100	5.00	273	293	173	174	205	136	133	-	51.00	84.00	-
S&GA Expenses	51.3%	48.00	32.00	33.00	36.00	44.00	38.00	30.00	25.00	16.00	14.00	13.00	11.00	14.00	13.00	13.00	-
EBITDA Margin	-3.6%	0.16*	0.17*	0.07*	0.01*	0.04*	0.40*	0.42*	0.45*	0.47*	0.45*	0.34*	0.24*	0.37*	0.20*	0.23*	0.31*
Interest Expenses	21.5%	3.00	2.00	2.00	2.00	1.00	0.00	1.00	0.00	0.00	0.00	0.00	5.00	2.00	2.00	3.00	-
Income Taxes	-109.4%	-0.72	8.00	9.00	11.00	-0.73	12.00	16.00	-14.14	14.00	12.00	10.00	1.00	1.00	1.00	1.00	-
Earnings Before Taxes	-136.0%	-24.14	67.00	58.00	68.00	-14.29	116	142	114	141	163	117	109	51.00	18.00	47.00	-
EBT Margin	-5.5%	0.12*	0.13*	0.03*	-0.03*	0.01*	0.38*	0.41*	0.45*	0.46*	0.43*	0.32*	0.21*	0.33*	0.15*	0.18*	0.24*
Net Income	-177.1%	-20.23	26.00	21.00	29.00	-6.94	42.00	48.00	62.00	42.00	37.00	26.00	-0.79	-	-	-	-
Net Income Margin	-19.2%	0.04*	0.05*	0.01*	-0.01*	0.00*	0.14*	0.14*	0.14*	0.09*	0.22*	0.19*	0.18*	-	-	-	-
Free Cashflow	-67.2%	21.00	64.00	50.00	-2.99	5.00	32.00	46.00	60.00	75.00	29.00	37.00	54.00	-2.57	21.00	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																	(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q1
Assets	-3.9%	3,468	3,608	3,531	3,497	3,503	3,576	3,906	4,188	4,037	3,831	1,623	1,321	995	818	749	681	-
Cash Equivalents	-1.4%	174	177	128	130	141	144	107	117	137	175	219	184	185	157	91.00	90.00	41.00
Goodwill	0%	581	581	581	581	581	581	581	581	583	574	7.00	7.00	7.00	7.00	-	7.00	-
Liabilities	-5.7%	1,802	1,911	1,861	1,844	1,893	1,934	2,157	2,364	2,219	2,100	862	661	461	393	419	444	-
Long Term Debt	0.1%	124	124	98.00	98.00	83.00	63.00	63.00	63.00	63.00	113	-	-	-	-	-	143	-
Shareholder's Equity	-53.5%	762	1,638	1,629	772	1,605	1,641	1,749	1,824	1,818	1,732	761	660	534	120	-	20,798	14.00
Retained Earnings	-20.5%	131	165	153	160	145	164	206	230	197	158	99.00	60.00	25.00	-0.79	-	-	-
Additional Paid-In Capital	0.2%	630	629	613	611	606	596	593	587	578	525	206	189	121	120	-	100*	-
Shares Outstanding	1.9%	64.00	63.00	63.00	62.00	62.00	61.00	61.00	50.00	46.00	42.00	39.00	30.00	29.00	29.00	-	-	-
Minority Interest	573.8%	146	22.00	673	153	165	16.00	32.00	194	241	219	27.00	-	25.00	21.00	-	7.00	4.00

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																			(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q1
Cashflow From Operations	-64.6%	25,176	71,130	57,587	-516	5,985	88,232	57,482	32,303	46,478	59,771	75,729	29,002	37,435	53,941	28,921	-1,920	21,199	-	-
Share Based Compensation	137.2%	14,032	5,916	8,472	9,335	8,108	3,783	3,714	3,634	3,407	3,213	3,742	3,258	3,206	952	483	483	482	475	-
Cashflow From Investing	15.9%	-10,859	-12,919	-14,486	-7,395	-6,100	-9,711	-7,601	-8,766	-11,478	-184,337	-5,660	-2,617	-2,802	-4,137	-1,610	-2,232	40,854	-	-
Cashflow From Financing	-45.9%	-13,803	-9,461	-43,973	-3,369	-1,803	-42,131	-60,718	-43,366	-73,544	77,624	-31,153	-32,801	-5,322	19,446	-26,629	100*	-7,578	-	-
Dividend Payments	1.5%	13,453	13,256	28,277	12,613	12,853	12,287	12,220	9,116	9,112	5,646	-	2,047	-	-	-	-	-	-	-

STEP Income Statement

2023-12-31

Condensed Consolidated Statements of Income (Loss) (Unaudited) - USD ($)
$ in Thousands

3 Months Ended

9 Months Ended

Dec. 31, 2023

Dec. 31, 2022

Dec. 31, 2023

Dec. 31, 2022

Revenues

Total revenues

$ (14,612)

$ (4,235)

$ 354,821

$ (239,948)

Compensation and benefits:

Cash-based compensation

73,619

62,628

218,551

182,190

Equity-based compensation

14,032

8,108

28,420

15,605

Performance fee-related compensation:

Realized

15,444

11,726

26,266

67,091

Unrealized

(62,243)

(31,875)

(9,320)

(172,554)

Total performance fee-related compensation

(46,799)

(20,149)

16,946

(105,463)

Legacy Greenspring performance fee-related compensation

^[1]

(69,700)

(88,921)

(106,250)

(371,200)

Total compensation and benefits

(28,848)

(38,334)

157,667

(278,868)

General, administrative and other

48,001

43,582

113,007

111,547

Total expenses

19,153

5,248

270,674

(167,321)

Other income (expense)

Investment income (loss)

(2,051)

(681)

4,115

(5,473)

Legacy Greenspring investment loss

^[1]

(2,222)

(8,966)

(9,054)

(32,927)

Investment income of Consolidated Funds

11,223

4,895

22,357

4,895

Interest income

827

701

2,235

1,068

Interest expense

(2,562)

(1,111)

(6,682)

(2,515)

Other income (loss)

4,408

358

3,763

(1,380)

Total other income (expense)

9,623

(4,804)

16,734

(36,332)

Income (loss) before income tax

(24,142)

(14,287)

100,881

(108,959)

Income tax expense (benefit)

(723)

(732)

15,603

(6,868)

Net income (loss)

(23,419)

(13,555)

85,278

(102,091)

Less: Net income attributable to redeemable non-controlling interests in Consolidated Funds

5,588

391

11,590

391

Net income (loss) attributable to StepStone Group Inc.

$ (20,226)

$ (6,938)

$ 27,268

$ (47,199)

Net income (loss) per share of Class A common stock:

Basic (in dollars per share)

$ (0.32)

$ (0.11)

$ 0.43

$ (0.77)

Diluted (in dollars per share)

$ (0.32)

$ (0.11)

$ 0.43

$ (0.77)

Weighted-average shares of Class A common stock:

Basic (in shares)

64,068,952

62,192,899

63,255,604

61,583,215

Diluted (in shares)

64,068,952

62,192,899

66,299,982

61,583,215

Non-Controlling Interests in Subsidiaries

Other income (expense)

Less: Net income attributable to non-controlling interests

$ 13,552

$ 9,575

$ 32,797

$ 25,836

Non-Controlling Interests in Legacy Greenspring Entities

Performance fee-related compensation:

Unrealized

(132,228)

(416,574)

Other income (expense)

Less: Net income attributable to non-controlling interests

^[1]

(2,222)

(8,966)

(9,054)

(32,927)

Non-Controlling Interests in the Partnership

Other income (expense)

Less: Net income attributable to non-controlling interests

(20,111)

(7,617)

22,677

(48,192)

Management and advisory fees, net

Revenues

Total revenues

151,492

128,753

431,730

364,606

Performance fees

Revenues

Total revenues

(166,104)

(132,988)

(76,909)

(604,554)

Incentive fees

Revenues

Total revenues

17,891

2,980

22,843

8,345

Carried interest allocations

Revenues

Total revenues

(114,295)

(47,047)

6,498

(241,699)

Realized

Revenues

Total revenues

15,289

16,320

31,347

112,396

Unrealized

Revenues

Total revenues

(129,584)

(63,367)

(24,849)

(354,095)

Legacy Greenspring carried interest allocations

Revenues

Total revenues

^[1]

$ (69,700)

$ (88,921)

$ (106,250)

$ (371,200)

[1]	Reflects amounts attributable to consolidated VIEs for which the Company did not acquire any direct economic interests. See notes 3 and 5 for more information.

STEP Balance Sheet

2023-12-31

Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands

Dec. 31, 2023

Mar. 31, 2023

Assets

Restricted cash

$ 751

$ 955

Fees and accounts receivable

58,126

44,450

Due from affiliates

64,021

54,322

Investments:

Investments in funds

126,813

115,187

Accrued carried interest allocations

1,203,847

1,227,173

Legacy Greenspring investments in funds and accrued carried interest allocations

^[1]

632,414

770,652

Deferred income tax assets

45,330

44,358

Lease right-of-use assets, net

97,404

101,130

Intangibles, net

315,296

354,645

Goodwill

580,542

Total assets

3,468,181

3,497,403

Liabilities and stockholders’ equity

Accounts payable, accrued expenses and other liabilities

102,786

89,396

Accrued compensation and benefits

131,735

66,614

Accrued carried interest-related compensation

635,200

644,517

Legacy Greenspring accrued carried interest-related compensation

^[1]

486,677

617,994

Due to affiliates

202,225

205,424

Lease liabilities

118,443

121,224

Debt obligations

123,704

98,351

Total liabilities

1,802,333

1,844,086

Commitments and contingencies (Note 14)

Redeemable non-controlling interests in Consolidated Funds

76,076

24,530

Stockholders’ equity:

Additional paid-in capital

630,208

610,567

Retained earnings

131,338

160,430

Accumulated other comprehensive income

186

461

Total StepStone Group Inc. stockholders’ equity

761,842

771,567

Total stockholders’ equity

1,589,772

1,628,787

Total liabilities and stockholders’ equity

3,468,181

3,497,403

Consolidated Funds

Assets

Cash and cash equivalents

33,589

25,997

Investments:

Other assets and receivables

1,498

772

Investments, at fair value

109,822

30,595

Liabilities and stockholders’ equity

Other liabilities

1,563

566

Excluding Consolidated Funds

Assets

Cash and cash equivalents

139,970

102,565

Investments:

Other assets and receivables

58,758

44,060

Non-Controlling Interests in Subsidiaries

Stockholders’ equity:

Non-controlling interests

36,827

36,380

Non-Controlling Interests in Legacy Greenspring Entities

Stockholders’ equity:

Non-controlling interests

^[1]

145,738

152,658

Non-Controlling Interests in the Partnership

Stockholders’ equity:

Non-controlling interests

645,365

668,182

Consolidated funds

Assets

Restricted cash

751

955

Fees and accounts receivable

53,990

39,996

Due from affiliates

22,871

14,061

Investments:

Investments in funds

37,836

31,569

Legacy Greenspring investments in funds and accrued carried interest allocations

632,414

770,652

Deferred income tax assets

586

451

Lease right-of-use assets, net

15,150

15,084

Total assets

965,000

964,192

Liabilities and stockholders’ equity

Accounts payable, accrued expenses and other liabilities

19,769

13,444

Accrued compensation and benefits

62,485

29,869

Legacy Greenspring accrued carried interest-related compensation

486,677

617,994

Due to affiliates

5,689

4,962

Lease liabilities

15,995

15,883

Total liabilities

592,178

682,718

Consolidated funds | Consolidated Funds

Assets

Cash and cash equivalents

33,589

25,997

Investments:

Other assets and receivables

1,498

772

Investments, at fair value

109,822

30,595

Liabilities and stockholders’ equity

Other liabilities

1,563

566

Consolidated funds | Excluding Consolidated Funds

Assets

Cash and cash equivalents

46,613

25,959

Investments:

Other assets and receivables

9,880

8,101

Class A Common Stock

Stockholders’ equity:

Common stock

Class B Common Stock

Stockholders’ equity:

Common stock

$ 46

[1]	Reflects amounts attributable to consolidated VIEs for which the Company did not acquire any direct economic interests. See note 5 for more information.

About StepStone Group Inc.

StepStone Group LP. is an investment firm specializing in direct, fund of funds, secondary direct, and secondary indirect investments. For direct investment, it seeks to invest in venture debt, incubation, mezzanine, distressed/vulture, seed/startup, early venture, mid venture, late venture, emerging growth, later stage, turnaround, growth capital, industry consolidation, recapitalization, private equity and buyout investments in mature and middle market companies. It prefers to invest in natural resources, technology, healthcare, services, materials, manufacturing, consumer durables, apparel, hotels, restaurants and leisure, media, retailing, consumer staples, financials, telecommunication services, energy, infrastructure, real estate, and real asset. The firm invests globally with a focus on United States, North America, Europe, Asia, Latin America, Middle East, Africa, Brazil, Mexico, Argentina, Colombia, New Zealand, China, India, Korea, Japan, Taiwan, and Australia region. It typically invests between $15 million and $200 million in firms with enterprise value between $150 million and $25000 million. The firm invests between 5% and 40% in emerging markets. For fund of fund investment, it seeks to invest in private equity funds, venture capital funds, Special situation funds, Real estate funds, Infrastructure funds, mezzanine funds, and turnaround/distressed funds. It considers investments in both domestic and international funds. It also seeks to make co-investments and follow-on investments and considers partial interests in funds. StepStone Group LP. was founded in 2007 and is based in New York, New York with additional offices across North America, South America, Europe, Australia, Asia, LA Jolla, California.

CEO	Mr. Scott Hart
WEBSITE	stepstonegroup.com
INDUSTRY	Asset Management
EMPLOYEES	966

StepStone Group Inc. Frequently Asked Questions

What is the ticker symbol for StepStone Group Inc.? What does STEP stand for in stocks?

STEP is the stock ticker symbol of StepStone Group Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of StepStone Group Inc. (STEP)?

As of Wed Apr 24 2024, market cap of StepStone Group Inc. is 2.29 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of STEP stock?

You can check STEP's fair value in chart for subscribers.

What is the fair value of STEP stock?

You can check STEP's fair value in chart for subscribers. The fair value of StepStone Group Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of StepStone Group Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for STEP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is StepStone Group Inc. a good stock to buy?

The fair value guage provides a quick view whether STEP is over valued or under valued. Whether StepStone Group Inc. is cheap or expensive depends on the assumptions which impact StepStone Group Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for STEP.

What is StepStone Group Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, STEP's PE ratio (Price to Earnings) is 40.91 and Price to Sales (PS) ratio is 1.68. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. STEP PE ratio will change depending on the future growth rate expectations of investors.