Start with its own history
At 4.31×, SPLP is 69.9% below its 8-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
OTC · SPLPConglomeratesUpdated Oct 23, 2026
Steel Partners Holdings L.P. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
4.31×
69.9% belowthe 8-observation annual average
Share price50.05
÷Earnings per share11.62
Price and EPS in quote currency. Calculation details
Investors are paying 4.31 for every 1 of reported earnings per share.
P/E over time
2015 – 2024
Annual P/ESelected-period average 14.30×
3-year average4.56×3 positive annual observations
5-year average4.78×5 positive annual observations
10-year average14.30×8 positive annual observations
Peer median · TTM6.12×7 peers with positive P/E
Historical P/E ratios
Annual period-end data · 13 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2024 | 3.26× | -42.7% |
| Dec 31, 2023 | 5.68× | +19.9% |
| Dec 31, 2022 | 4.74× | -31.3% |
| Dec 31, 2021 | 6.90× | +107.2% |
| Dec 31, 2020 | 3.33× | -86.8% |
| Dec 31, 2019 | 25.21× | N/M |
| Dec 31, 2018 | N/M | N/M |
| Dec 31, 2017 | N/M | N/M |
View all 13 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2016 | 62.00× | +1792.6% |
| Dec 31, 2015 | 3.28× | N/M |
| Dec 31, 2014 | N/M | N/M |
| Dec 31, 2013 | 26.69× | +212.4% |
| Dec 31, 2012 | 8.54× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How SPLP compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 SPLP This stockSteel Partners Holdings L.P. | 4.31× |
 BNHUFBonheur ASA | 26.49× |
 SHMWFShinMaywa Industries, Ltd. | 9.21× |
 MPZZFMPC Container Ships ASA | 6.12× |
 ALGGFAlliance Global Group, Inc. | 4.71× |
 ICBTICBS, Ltd. | N/M |
 SPSTFSingapore Post Limited | 12.84× |
 ALGGYAlliance Global Group, Inc. | 4.71× |
 PXGYFPAX Global Technology Limited | 3.84× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does SPLP’s P/E tell you?
Compare like with like
The median of the 7 positive peer ratios above is 6.12×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take SPLP into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("SPLP", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 50.05 ÷ EPS 11.62 = 4.31×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Oct 23, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
SPLP P/E ratio: common questions
The essentials behind the numbers.
Steel Partners Holdings L.P.'s current P/E is 4.31× based on the quote data last updated Oct 23, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.