BSY vs. PS: Bentley Systems vs. Pershing Square Stock Comparison
How do Bentley Systems (BSY) and Pershing Square (PS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Bentley Systems (BSY) and Pershing Square (PS) are both classified in the Application Software sub-industry within the broader Software industry, placing them in the closest GICS peer bucket.
Bentley Systems (BSY) has traded publicly since September 23, 2020, giving it several years of listed trading history, while Pershing Square (PS) only listed on April 29, 2026 and has a limited public-market record.
| Profile Item | BSY | PS |
|---|---|---|
| Name | Bentley Systems, Incorporated Class B Common Stock | Pluralsight Inc |
| Country/Region | United States | United States |
| GICS Sector | Information Technology | Information Technology |
| GICS Industry Group | Software & Services | Software & Services |
| GICS Industry | Software | Software |
| GICS Sub-Industry | Application Software | Application Software |
| Market Capitalization | 13.50 billion USD | 20.58 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | Nasdaq |
| Listing Date | September 23, 2020 | April 29, 2026 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BSY | PS |
|---|---|---|
| Total Return (1Y) | -2.57% | -- |
| Total Return (3Y, Annualized) | -3.01% | -- |
| Total Return (5Y, Annualized) | -5.13% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Pershing Square (PS) carries a highly aggressive beta of 6.25, indicating much higher sensitivity to broad-market moves, whereas Bentley Systems (BSY) is closer to market-like at 0.92 — a noticeable difference in market-sensitivity profile.
| Metric | BSY | PS |
|---|---|---|
| Volatility (1Y, Annualized) | 41.49% | 100.16% |
| Beta (5Y) | 0.92 | 6.25 |
| Max Drawdown (5Y) | -53.94% | -43.14% |
| Avg. Volume (3M) | 2.67M | 428.47K |
Risk-Adjusted Performance
Risk-Return Positioning
Both BSY and PS need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | BSY | PS |
|---|---|---|
| Sharpe Ratio (1Y) | -0.17 | -- |
| Sortino Ratio (1Y) | -0.25 | -- |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Bentley Systems (BSY) earns 26.03% on shareholders’ equity, ranked against its industry; Pershing Square (PS) has no ROE this period.
BSY
Software & Services industry group
26.03%
- Max
- 53.85%
- BSY
- 26.03%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
PS
Software & Services industry group
--
- Max
- 53.85%
- Q3
- 17.90%
- Median
- 6.59%
- Q1
- -9.59%
- Min
- -50.52%
- PS
- --
Net Margin (TTM)
Pershing Square (PS) reports a negative net margin of -20.98%, usually indicating a net loss over the period. Meanwhile Bentley Systems (BSY) reports 19.57%, ranking against industry peers normally.
BSY
Software & Services industry group
19.57%
- Max
- 41.17%
- BSY
- 19.57%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- Min
- -33.17%
PS
Software & Services industry group
-20.98%
- Max
- 41.17%
- Q3
- 15.28%
- Median
- 4.63%
- Q1
- -5.42%
- PS
- -20.98%
- Min
- -33.17%
Operating Margin (TTM)
Pershing Square (PS) reports a negative operating margin of -35.45%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Bentley Systems (BSY) reports 29.81%, ranking against industry peers normally.
BSY
Software & Services industry group
29.81%
- Max
- 46.89%
- BSY
- 29.81%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
PS
Software & Services industry group
-35.45%
- Max
- 46.89%
- Q3
- 17.64%
- Median
- 8.73%
- Q1
- -2.13%
- Min
- -30.45%
- PS
- -35.45%
Profitability Metrics
| Metric | BSY | PS |
|---|---|---|
| ROE (TTM) | 26.03% | -- |
| ROA (TTM) | 7.73% | -- |
| Net Margin (TTM) | 19.57% | -20.98% |
| Operating Margin (TTM) | 29.81% | -35.45% |
| Gross Margin (TTM) | 82.37% | 24.74% |
Growth
Revenue Growth
Pershing Square (PS) at 64.66% clears its industry range for revenue growth, far stronger top-line momentum than Bentley Systems (BSY) at 10.99%, which is closer to a typical peer reading.
EPS Growth
Only one side can be read here: Bentley Systems (BSY) reports EPS growth of 18.06%, ranked against its industry; Pershing Square (PS) has no EPS growth figure this period.
Growth Metrics
| Metric | BSY | PS |
|---|---|---|
| Revenue Growth (YoY) | 10.99% | 64.66% |
| Revenue Growth (3Y CAGR) | 10.97% | -- |
| EPS Growth (YoY) | 18.06% | -- |
| EPS Growth (3Y CAGR) | 15.62% | -- |
Financial Strength
Current Ratio (MRQ)
Short-term liquidity can only be read on one side of this pairing: Bentley Systems (BSY) shows current ratio of 0.65 against its industry benchmark, while Pershing Square (PS) has no reading this period.
BSY
Software & Services industry group
0.65
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- BSY
- 0.65
- Min
- 0.03
PS
Software & Services industry group
--
- Max
- 5.11
- Q3
- 2.77
- Median
- 1.67
- Q1
- 1.01
- Min
- 0.03
- PS
- --
Debt / Equity (MRQ)
Both Bentley Systems (BSY) at 0.94 and Pershing Square (PS) at 0.18 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
BSY
Software & Services industry group
0.94
- Max
- 2.52
- Q3
- 1.13
- BSY
- 0.94
- Median
- 0.40
- Q1
- 0.07
- Min
- 0.00
PS
Software & Services industry group
0.18
- Max
- 2.52
- Q3
- 1.13
- Median
- 0.40
- PS
- 0.18
- Q1
- 0.07
- Min
- 0.00
Financial Strength Metrics
| Metric | BSY | PS |
|---|---|---|
| Current Ratio (MRQ) | 0.65 | -- |
| Debt / Equity (MRQ) | 0.94 | 0.18 |
| Net Debt / EBITDA | 2.12 | 4.35 |
Dividends
Dividend Yield (TTM)
Both Bentley Systems (BSY) at 0.62% and Pershing Square (PS) at 0.24% yield above their industries’ entire benchmark ranges — high enough that dividend safety, not income, becomes the first question.
BSY
Software & Services industry group
0.62%
- BSY
- 0.62%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
PS
Software & Services industry group
0.24%
- PS
- 0.24%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Pershing Square (PS) reports a negative payout ratio of -10.99%, usually because earnings are negative; the payout ratio is not a useful dividend-sustainability benchmark in that state. Meanwhile Bentley Systems (BSY) reports 27.72%, ranking against industry peers normally.
BSY
Software & Services industry group
27.72%
- BSY
- 27.72%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
PS
Software & Services industry group
-10.99%
- Max
- 0.00%
- Q3
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
- PS
- -10.99%
Dividend Metrics
| Metric | BSY | PS |
|---|---|---|
| Dividend Yield (TTM) | 0.62% | 0.24% |
| Dividend Payout Ratio (TTM) | 27.72% | -10.99% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Bentley Systems (BSY) trades at 44.21 times trailing earnings, ranked against its peers, while Pershing Square (PS) has no P/E ratio this period.
BSY
Software & Services industry group
44.21
- Max
- 112.94
- Q3
- 60.32
- BSY
- 44.21
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
PS
Software & Services industry group
--
- Max
- 112.94
- Q3
- 60.32
- Median
- 32.91
- Q1
- 18.77
- Min
- 6.69
- PS
- --
P/S Ratio (TTM)
Bentley Systems (BSY) at 8.19 prices around its industry’s typical P/S ratio, while Pershing Square (PS) at 27.11 clears its benchmark range — PS looks notably rich on sales.
BSY
Software & Services industry group
8.19
- Max
- 17.91
- Q3
- 8.78
- BSY
- 8.19
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
PS
Software & Services industry group
27.11
- PS
- 27.11
- Max
- 17.91
- Q3
- 8.78
- Median
- 4.25
- Q1
- 2.23
- Min
- 0.02
P/B Ratio (MRQ)
Both Bentley Systems (BSY) at 10.79 and Pershing Square (PS) at 15.12 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
BSY
Software & Services industry group
10.79
- Max
- 16.63
- BSY
- 10.79
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
PS
Software & Services industry group
15.12
- Max
- 16.63
- PS
- 15.12
- Q3
- 8.50
- Median
- 4.30
- Q1
- 1.92
- Min
- -3.90
Valuation Metrics
| Metric | BSY | PS |
|---|---|---|
| P/E Ratio (TTM) | 44.21 | -- |
| P/S Ratio (TTM) | 8.19 | 27.11 |
| P/B Ratio (MRQ) | 10.79 | 15.12 |
| Free Cash Flow Yield (TTM) | 2.74% | -- |