CLUS vs LAZ vs PJT Stock Comparison

Cluster Group Holdings, Lazard and PJT Partners Prices as of Oct 26, 2026 Peers: Industry group
LAZ Lazard, Inc.
$38.18 +4.1% 1M -24.1% 1Y
Market cap
$3.87B
P/E
21.0x
Revenue (TTM)
$3.38B
Div. yield
0.05%
Investment Banking Financial Services
PJT PJT Partners Inc.
$142.82 -5.9% 1M -21.8% 1Y
Market cap
$3.97B
P/E
19.9x
Revenue (TTM)
$1.89B
Div. yield
–
Investment Banking Financial Services
6 wins

Head to Head

9 decided of 12

PJT Partners leads on 6 of the 12 questions below (PJT Partners 6, Cluster Group Holdings 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCLUSLAZPJTLeader
Larger companyMarket capitalisation $8.00B $3.87B $3.97B CLUS
Cheaper on earningsLower P/E, profitable companies only -1,146,093x 21.0x 19.9x PJT
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 29.6x 18.8x PJT
Faster revenue growthRevenue growth, trailing twelve months — +9.0% +22.9% PJT
More profitableNet margin, trailing twelve months — 5.5% 10.6% PJT
Better return on capitalReturn on invested capital — 6.2% — –
Less leveragedLower net debt / EBITDA — 0.5x — –
Higher dividend yieldTrailing dividend yield — 0.05% 0.00% –
Better 1-year returnPrice return, last 12 months 0.0% -24.1% -21.8% CLUS
Better 5-year returnAnnualised price return, 5 years -35.6%/yr -6.2%/yr +11.8%/yr PJT
Less volatileAnnualised volatility, 1 year 0.0% 43.3% 34.3% CLUS
Higher overall scoreMean of the five percentile scores vs peers — 62/100 69/100 PJT

Percentile Scorecard

CLUSLAZPJT

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisCLUSLAZPJT
Valuation – 93 #8 of 96 80 #20 of 96
Growth 77 #16 of 66 69 #21 of 66 74 #18 of 66
Profitability – 68 #21 of 64 84 #11 of 64
Financial Health – 39 #57 of 93 –
Shareholder Returns – 41 #23 of 38 38 #24 of 38
Overall – 62 69
  • CLUS ranked among 110 companies in Capital Markets
  • LAZ ranked among 110 companies in Capital Markets
  • PJT ranked among 110 companies in Capital Markets

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodCLUSLAZPJTSPY
1 month 0.0%+4.1%-5.9% -0.2%
3 months 0.0%-10.7%-17.7% +3.9%
6 months 0.0%-21.3%-6.8% +8.2%
Year to date 0.0%-21.4%-14.6% +12.9%
1 year 0.0%-24.1%-21.8% +12.3%
3 years -54.0%+33.1%+97.3% +87.4%
3 years, per year -22.8%+10.0%+25.5% +23.3%
5 years -88.9%-27.2%+74.5% +67.9%
5 years, per year -35.6%-6.2%+11.8% +10.9%
10 years +5.3%+2.6%+423.0% +261.1%
10 years, per year +0.5%+0.3%+18.0% +13.7%

Risk

MeasureCLUSLAZPJTSPY
Volatility, 1Y 0.0%43.3%34.3% 12.7%
Downside volatility, 1Y —48.8%37.3% 12.7%
Beta vs S&P 500, 1Y 0.001.890.93 1.00
Return / volatility, 1Y —-0.56-0.63 0.97
Max drawdown, 5Y -99.5%-49.7%-35.1% -25.4%
From 52-week high 0.0%-33.0%-25.4% -1.2%
52-week high $200.00$57.00$191.42 $779.14
52-week low $200.00$34.67$129.05 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleCLUSLAZPJT
P/E now vs peer median -1,146,093xmedian 28.3x 20.9xmedian 28.3x 19.2xmedian 28.3x
P/S now vs peer median —median 2.9x 1.2xmedian 2.9x 2.9xmedian 2.9x
EV/EBITDA now vs peer median —median 13.5x 5.7xmedian 13.5x 12.6xmedian 13.5x
P/FCF now vs peer median —median 16.0x 6.1xmedian 16.0x 8.2xmedian 16.0x
P/B now vs peer median -105,257xmedian 2.4x 4.4xmedian 2.4x 5.5xmedian 2.4x
PEG now vs peer median —median 0.54 0.38median 0.54 0.65median 0.54

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsCLUSLAZPJT
Revenue – $3.38B $1.89B
Operating income -$50.23K $266.88M –
Net income -$6.98K $198.53M $344.68M
Free cash flow – $684.97M $661.83M
EPS (diluted) $0.00 $1.72 $7.00
Cash & equivalents – $1.26B $235.54M
Total debt – $1.69B –
Shares (diluted) 40.00M 107.28M 28.51M
Enterprise value $8.00B -$983.35M $2.48B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricCLUSLAZPJT
P/E -1,146,093x 20.9x 19.2x
P/FCF – 6.1x 8.2x
P/Operating cash flow – 6.0x 7.6x
P/S – 1.2x 2.9x
P/B -105,257x 4.4x 5.5x
P/Tangible book -105,257x 4.4x 5.5x
EV/EBITDA – 5.7x 12.6x
EV/EBIT -159,282x 17.3x 13.1x
EV/Revenue – 1.4x 2.8x
EV/FCF – 6.7x 7.8x
EV/Operating cash flow – 6.6x 7.3x
PEG (3Y EPS CAGR) – 0.38 0.65

Growth

14 metrics
MetricCLUSLAZPJT
Revenue growth (1Y) – 9.0% 22.9%
Revenue CAGR (3Y) – 10.5% 19.9%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) -16.4% -23.7% –
Operating income CAGR (3Y) – 75.3% –
Net income growth (1Y) 83.8% -27.8% 28.8%
Net income CAGR (3Y) – 64.1% 30.8%
EPS growth (1Y) 98.0% -31.9% 89.6%
EPS CAGR (3Y) – 54.4% 29.4%
Operating cash flow growth (1Y) – 45.1% 45.3%
Operating cash flow CAGR (3Y) – 72.1% 34.5%
Free cash flow growth (1Y) – 55.9% 39.4%
Free cash flow CAGR (3Y) – 94.3% 31.9%

Profitability

14 metrics
MetricCLUSLAZPJT
Gross margin – – –
EBITDA margin – 23.9% 21.8%
Operating margin – 7.9% –
Pretax margin – 5.2% 21.0%
Net margin – 5.5% 10.6%
FCF margin – 20.3% 35.1%
Operating cash flow margin – 20.7% 37.8%
Return on equity – 21.4% 36.0%
Return on assets – 4.4% 20.8%
Return on invested capital – 6.2% –
Return on capital employed – – –
Asset turnover – 0.8x 1.1x
Cash conversion (OCF / net income) – 3.5x 2.1x
Stock comp / revenue – – 12.5%

Financial Health

11 metrics
MetricCLUSLAZPJT
Debt / assets – 37.2% –
Debt / equity – 1.8x –
Net debt / EBITDA – 0.5x –
Debt / FCF – 2.5x –
Liabilities / assets – 79.1% 44.0%
Equity / assets – 20.9% 56.0%
Interest coverage – 3.0x –
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricCLUSLAZPJT
Dividend yield – 5.2% 0.7%
Net buyback yield – 3.2% 2.2%
Shareholder yield – 8.5% 2.9%
Payout ratio (earnings) – 96.9% –
Payout ratio (FCF) – 28.1% –
Dividend growth (1Y) – 4.3% –
Dividend CAGR (3Y) – 3.7% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusCLUSLAZPJT
Forward P/E – 29.6xFY2026 18.8xFY2026
EPS, next fiscal year – $1.29FY2026 $7.61FY2026
EPS growth, next FY – -47.1%FY2026 +9.0%FY2026
EPS growth, the year after – +158.9% +12.1%
Revenue, next fiscal year – $3.40BFY2026 $1.95BFY2026
Revenue growth, next FY – +9.6%FY2026 +13.9%FY2026
Revenue growth, the year after – +10.2% +3.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCLUSLAZPJT
Held by institutions – 100.0% 59.4%
Institutions holding – 346 415
Change in shares held, QoQ – +10.6% +10.0%
Institutions buying – 185 221
Institutions selling – 106 103
Buyers to sellers – 1.75 2.15

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

CLUSLAZPJT
CLUS – – –
LAZ – 1.00 0.62
PJT – 0.62 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CLUS, LAZ and PJT?

Cluster Group Holdings (CLUS) is the largest by market capitalisation: Cluster Group Holdings (CLUS) $8.00B, Lazard (LAZ) $3.87B, PJT Partners (PJT) $3.97B.

Which stock is cheaper, CLUS, LAZ and PJT?

PJT Partners (PJT) trades on the lowest price-to-earnings ratio (Cluster Group Holdings (CLUS) -1,146,093x, Lazard (LAZ) 21.0x, PJT Partners (PJT) 19.9x). On next year's consensus earnings, PJT Partners (PJT) is cheapest (Lazard (LAZ) 29.6x, PJT Partners (PJT) 18.8x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

PJT Partners (PJT) grew revenue fastest over the trailing twelve months: Lazard (LAZ) +9.0%, PJT Partners (PJT) +22.9%.

Which company is more profitable?

PJT Partners (PJT) has the highest net margin (Lazard (LAZ) 5.5%, PJT Partners (PJT) 10.6%).

Which stock has performed better?

Over the past year Cluster Group Holdings (CLUS) returned the most: Cluster Group Holdings (CLUS) 0.0%, Lazard (LAZ) -24.1%, PJT Partners (PJT) -21.8%. Over five years, PJT Partners (PJT) compounded fastest (Cluster Group Holdings (CLUS) -35.6%/yr, Lazard (LAZ) -6.2%/yr, PJT Partners (PJT) +11.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Lazard (LAZ) 0.05%, PJT Partners (PJT) 0.00%. Cluster Group Holdings (CLUS) and PJT Partners (PJT) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Cluster Group Holdings (CLUS) has been the steadiest (Cluster Group Holdings (CLUS) 0.0%, Lazard (LAZ) 43.3%, PJT Partners (PJT) 34.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CLUS, LAZ and PJT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, PJT Partners (PJT) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.