Pershing Square (PS) Stock Analysis

November 11, 2026

This is a peer-relative look at Pershing Square (PS): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Software & Services peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for Pershing Square (PS)
Profile Item	PS
Name	Pluralsight Inc
Country/Region	United States
GICS Sector	Information Technology
GICS Industry Group	Software & Services
GICS Industry	Software
GICS Sub-Industry	Application Software
Market Capitalization	20.58 billion USD
Currency	USD
Exchange	Nasdaq
Listing Date	April 29, 2026
Security Type	Common Stock

Price Performance

Cumulative Growth

GSPC

Pershing Square (PS) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Pershing Square (PS) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Pershing Square (PS) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Pershing Square (PS) metric values compared with Software & Services industry-group medians
Metric	Current stock: PS	Industry group median
Total Return (1Y)	--	-3.00%
Total Return (3Y, Annualized)	--	8.28%
Total Return (5Y, Annualized)	--	-7.91%

Risk Profile

Drawdown History

GSPC

Pershing Square (PS) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Pershing Square (PS) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Pershing Square (PS) metric values compared with Software & Services industry-group medians
Metric	Current stock: PS	Industry group median
Volatility (1Y, Annualized)	100.16%	61.69%
Beta (5Y)	6.25	1.06
Max Drawdown (5Y)	-43.14%	-76.52%

Risk-Adjusted Performance

Risk-Return Positioning

PS needs both 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Pershing Square (PS) metric values compared with Software & Services industry-group medians
Metric	Current stock: PS	Industry group median
Sharpe Ratio (1Y)	--	-0.13
Sortino Ratio (1Y)	--	-0.19

Profitability

ROE (TTM)

No usable ROE is available for Pershing Square (PS) this period, so the shareholder-equity return read is skipped.

PS

Software & Services industry group

Group distribution

Max: 53.85%
Q3: 17.90%
Median: 6.59%
Q1: -9.59%
Min: -50.52%
PS: --

Largest peers

ORCL: 41.19%
PLTR: 40.91%
IBM: 34.77%
MSFT: 34.22%
SAP: 18.18%
PANW: 1.74%
PS: --

Pershing Square (PS) doesn’t report ROE this period; the box shows the Software & Services group’s distribution and the dots its largest members.

Net Margin (TTM)

Pershing Square (PS) has negative net margin of -20.98%. The trailing period ended in a net loss, so the bottom-line conversion read is a warning rather than a profitability strength.

PS

Software & Services industry group

-20.98%

Group distribution

Max: 41.17%
Q3: 15.28%
Median: 4.63%
Q1: -5.42%
PS: -20.98%
Min: -33.17%

Largest peers

PLTR: 50.34%
MSFT: 41.17%
ORCL: 26.36%
SAP: 20.41%
IBM: 15.99%
PANW: 2.67%
PS: -20.98%

Where Pershing Square (PS) stands on net margin within its Software & Services peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

Pershing Square (PS) has negative operating margin of -35.45%. Core operations were loss-making before interest and taxes over the trailing period.

PS

Software & Services industry group

-35.45%

Group distribution

Max: 46.89%
Q3: 17.64%
Median: 8.73%
Q1: -2.13%
Min: -30.45%
PS: -35.45%

Largest peers

MSFT: 49.76%
PLTR: 46.89%
ORCL: 35.63%
SAP: 29.50%
IBM: 16.97%
PANW: 5.40%
PS: -35.45%

Where Pershing Square (PS) stands on operating margin within its Software & Services peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

Pershing Square (PS) metric values compared with Software & Services industry-group medians
Metric	Current stock: PS	Industry group median
ROE (TTM)	--	6.59%
ROA (TTM)	--	2.45%
Net Margin (TTM)	-20.98%	4.63%
Operating Margin (TTM)	-35.45%	8.73%
Gross Margin (TTM)	24.74%	70.07%

Growth

Revenue Growth

Pershing Square (PS) grew revenue 64.66%, above the industry benchmark range. Demand is expanding faster than at any typical peer, though growth that far ahead of the group is worth checking for acquisitions or other one-off contributions.

Pershing Square (PS): Revenue Growth across different time periods, set against Software & Services industry-group medians.

EPS Growth

No usable EPS growth is available for Pershing Square (PS) this period, so the earnings-momentum read is skipped.

Pershing Square (PS) doesn't report EPS Growth this period; the bars show the Software & Services industry-group medians on their own.

Growth Metrics

Pershing Square (PS) metric values compared with Software & Services industry-group medians
Metric	Current stock: PS	Industry group median
Revenue Growth (YoY)	64.66%	14.22%
Revenue Growth (3Y CAGR)	--	13.52%
EPS Growth (YoY)	--	7.85%
EPS Growth (3Y CAGR)	--	18.19%

Financial Strength

Current Ratio (MRQ)

No usable current ratio is available for Pershing Square (PS) this period, so the short-term liquidity read is skipped.

PS

Software & Services industry group

Group distribution

Max: 5.11
Q3: 2.77
Median: 1.67
Q1: 1.01
Min: 0.03
PS: --

Largest peers

PLTR: 7.10
MSFT: 1.23
ORCL: 1.17
SAP: 1.16
PANW: 0.87
IBM: 0.86
PS: --

Pershing Square (PS) doesn’t report current ratio this period; the box shows the Software & Services group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

Pershing Square (PS) has debt-to-equity ratio of 0.18, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

PS

Software & Services industry group

0.18

Group distribution

Max: 2.52
Q3: 1.13
Median: 0.40
PS: 0.18
Q1: 0.07
Min: 0.00

Largest peers

ORCL: 2.52
IBM: 1.85
MSFT: 0.28
SAP: 0.23
PS: 0.18
PANW: 0.09
PLTR: 0.02

Where Pershing Square (PS) stands on debt-to-equity ratio within its Software & Services peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

Pershing Square (PS) metric values compared with Software & Services industry-group medians
Metric	Current stock: PS	Industry group median
Current Ratio (MRQ)	--	1.67
Debt / Equity (MRQ)	0.18	0.40
Net Debt / EBITDA	4.35	0.17

Dividends

Dividend Yield (TTM)

Pershing Square (PS) has dividend yield of 0.24%, above the entire industry range. That headline income is large, but yields this far above peers often come from a falling share price or an at-risk payout, so dividend safety matters more than the percentage itself.

PS

Software & Services industry group

0.24%

Group distribution

PS: 0.24%
Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

Largest peers

IBM: 2.73%
ORCL: 1.74%
SAP: 1.03%
MSFT: 0.69%
PS: 0.24%
PLTR: 0.00%
PANW: 0.00%

Where Pershing Square (PS) stands on dividend yield within its Software & Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

Pershing Square (PS) has negative payout ratio of -10.99%, usually because earnings are negative. In that state, the ratio does not give a useful read on dividend coverage.

PS

Software & Services industry group

-10.99%

Group distribution

Max: 0.00%
Q3: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%
PS: -10.99%

Largest peers

IBM: 57.51%
SAP: 36.45%
ORCL: 31.35%
MSFT: 19.00%
PLTR: 0.00%
PANW: 0.00%
PS: -10.99%

Where Pershing Square (PS) stands on payout ratio within its Software & Services peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

Pershing Square (PS) metric values compared with Software & Services industry-group medians
Metric	Current stock: PS	Industry group median
Dividend Yield (TTM)	0.24%	0.00%
Dividend Payout Ratio (TTM)	-10.99%	0.00%

Valuation

P/E Ratio (TTM)

No usable P/E ratio is available for Pershing Square (PS) this period, so the trailing-earnings valuation read is skipped.

PS

Software & Services industry group

Group distribution

Max: 112.94
Q3: 60.32
Median: 32.91
Q1: 18.77
Min: 6.69
PS: --

Largest peers

PANW: 784.60
PLTR: 112.94
SAP: 29.07
MSFT: 27.69
IBM: 20.90
ORCL: 18.20
PS: --

Pershing Square (PS) doesn’t report P/E ratio this period; the box shows the Software & Services group’s distribution and the dots its largest members.

P/S Ratio (TTM)

Pershing Square (PS) trades at 27.11 on P/S ratio, above the industry benchmark range. The stock is being valued at an unusually rich price per dollar of trailing revenue.

PS

Software & Services industry group

27.11

Group distribution

PS: 27.11
Max: 17.91
Q3: 8.78
Median: 4.25
Q1: 2.23
Min: 0.02

Largest peers

PLTR: 53.02
PS: 27.11
PANW: 22.37
MSFT: 11.37
SAP: 6.84
ORCL: 5.04
IBM: 3.31

Where Pershing Square (PS) stands on P/S ratio within its Software & Services peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

Pershing Square (PS) trades at 15.12 on P/B ratio, in the higher book-value quartile. The market is paying a premium to book, so stronger ROE, cleaner assets, or a better growth profile need to justify it.

PS

Software & Services industry group

15.12

Group distribution

Max: 16.63
PS: 15.12
Q3: 8.50
Median: 4.30
Q1: 1.92
Min: -3.90

Largest peers

SAP: 73.25
PLTR: 34.41
PS: 15.12
PANW: 9.30
MSFT: 8.38
IBM: 6.52
ORCL: 5.68

Where Pershing Square (PS) stands on P/B ratio within its Software & Services peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

Pershing Square (PS) metric values compared with Software & Services industry-group medians
Metric	Current stock: PS	Industry group median
P/E Ratio (TTM)	--	32.91
P/S Ratio (TTM)	27.11	4.25
P/B Ratio (MRQ)	15.12	4.30
Free Cash Flow Yield (TTM)	--	3.98%