StepStone Group (STEP)
NASDAQFinancialsAsset ManagementSnapshot 2026-09-04
NASDAQFinancialsAsset ManagementSnapshot 2026-09-04
QuarterlyIQ Insights · STEP
Price, fair value, and the multiples that frame it on the same time axis. Scroll over the price chart to zoom.
Daily closes. Earnings/event dots inline.
A consensus fair price across 8 valuation methods, at three horizons. As of 2026-09-04. Estimates are diagnostics, not price targets. Short-horizon estimates are close to coin-flips, so confidence is a method-agreement read, not a prediction.
Today's peer multiple on trailing earnings, with no growth credited. This is the headline read.
Adds projected growth, so it leans optimistic by design. Read it as upside context, not a base case.
We take the 12-month fair value above and grade our own number — how the market prices this name versus what we'd justify, and where the two diverge.
At $51 STEP trades at 23× p/e — 1.4× the 16× p/e peer median. The market is re-rating it beyond its own range; our $43 fair value is medium-confidence here. Analysts target $50–$85. Note: our $43 fair value sits below the entire analyst range ($50–$85). Not investment advice.
One valuation read at a 12-month horizon, plus how price compares to peers and the company's own history.
Score 100 = cheapest in the cohort, 0 = richest. Bars are filled left-to-right based on the peer-relative score (or PEG/self-history where shown).
Each method's implied share price per horizon. Provisional rows use a projected (historical-CAGR) growth input rather than analyst or management guidance.
| Method | Horizon | Est. price | Multiple | Per-share input | EPS source | Confidence |
|---|---|---|---|---|---|---|
| analyst target | 12M | $60.00 | — | — | Analyst | high |
| graham number | 12M | $24.42 | — | — | TTM | high |
| Peer P/B | 12M | $22.86 | 1.9 | 11.84 | TTM | high |
| Peer P/E | 12M | $37.94 | 13.2 | 2.88 | ntm analyst | high |
| Peer P/S | 12M |
A “consensus-then vs. actual-now” overlay is on the way — what our valuation estimate said on a past date versus where the price actually landed.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
A long-thesis check that carries the widest uncertainty of the three horizons.
Bottom 25% on quality vs scored peers
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
$50.00 – $85.00 (median $60.00) · 9 analysts · as of 2026-08-07
No fragility gates fired. Regime (Mania) does not concentrate fragility.
For similar setups historically (n=20,154): about 33% saw a 20%+ drawdown, and roughly 76% of those did not recover within the year. These are historical base rates for the cohort, not a forecast of this stock.
Looks more expensive than peers.
Self-history needs ~20 months of data.
Trailing four: 2026-Q1, 2026-Q2, 2026-Q3, 2027-Q1
Direction of the business behind the multiple. Bands are backend reads; trailing-12-month basis.
| $79.51 |
| 3.2 |
| 24.49 |
| TTM |
| high |
| PEG | 12M | $58.59 | 26.2 | 2.24 | TTM | high |
| residual income | 12M | $15.18 | — | — | TTM | high |
| triangulated | 12M | $35.97 | 16.3 | 2.20 | Triangulated | high |
| Peer P/B | 3Y | $13.62 | 1.9 | 7.05 | Hist. CAGR(prov.) | medium |
| Peer P/E | 3Y | $40.02 | 13.2 | 3.03 | Analyst | medium |
| Peer P/S | 3Y | $63.15 | 3.2 | 19.45 | Analyst | medium |
| PEG | 3Y | $79.34 | 26.2 | 3.03 | Analyst | medium |
| Peer P/B | 5Y | $9.65 | 1.9 | 5.00 | Hist. CAGR(prov.) | medium |
| Peer P/E | 5Y | $34.32 | 13.2 | 2.60 | Analyst | medium |
| Peer P/S | 5Y | $54.15 | 3.2 | 16.68 | Analyst | medium |
| PEG | 5Y | $68.04 | 26.2 | 2.60 | Analyst | medium |