CLUS vs PIPR vs JEF Stock Comparison

Cluster Group Holdings, Piper Sandler Companies and Jefferies Financial Prices as of Oct 23, 2026 Peers: Industry group
PIPR Piper Sandler Companies
$64.96 -10.4% 1M -25.6% 1Y
Market cap
$4.43B
P/E
14.4x
Revenue (TTM)
$2.12B
Div. yield
0.03%
Investment Banking Financial Services
4 wins

Head to Head

12 decided of 12

Jefferies Financial leads on 6 of the 12 questions below (Jefferies Financial 6, Piper Sandler Companies 4, Cluster Group Holdings 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionCLUSPIPRJEFLeader
Larger companyMarket capitalisation $8.00B $4.43B $9.17B JEF
Cheaper on earningsLower P/E, profitable companies only -1,146,093x 14.4x 10.7x JEF
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 13.6x 11.7x JEF
Faster revenue growthRevenue growth, trailing twelve months — +32.1% +13.5% PIPR
More profitableNet margin, trailing twelve months — 14.5% 7.0% PIPR
Better return on capitalReturn on invested capital — 23.1% 25.7% JEF
Less leveragedLower net debt / EBITDA — -0.6x -2.7x JEF
Higher dividend yieldTrailing dividend yield — 0.03% 0.04% JEF
Better 1-year returnPrice return, last 12 months 0.0% -25.6% -20.0% CLUS
Better 5-year returnAnnualised price return, 5 years -39.1%/yr +10.7%/yr +2.4%/yr PIPR
Less volatileAnnualised volatility, 1 year 0.0% 36.0% 40.7% CLUS
Higher overall scoreMean of the five percentile scores vs peers — 84/100 77/100 PIPR

Percentile Scorecard

CLUSPIPRJEF

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

AxisCLUSPIPRJEF
Valuation – 94 #7 of 97 97 #4 of 97
Growth 78 #16 of 68 97 #3 of 68 75 #18 of 68
Profitability – 80 #14 of 67 82 #13 of 67
Financial Health – 93 #8 of 97 62 #38 of 97
Shareholder Returns – 54 #19 of 40 72 #12 of 40
Overall – 84 77
  • CLUS ranked among 112 companies in Capital Markets
  • PIPR ranked among 112 companies in Capital Markets
  • JEF ranked among 112 companies in Capital Markets

Price Performance

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

Returns

PeriodCLUSPIPRJEFSPY
1 month 0.0%-10.4%-4.7% -0.8%
3 months 0.0%-14.7%-19.3% +3.5%
6 months 0.0%-26.2%-5.1% +7.0%
Year to date 0.0%-23.5%-26.7% +12.2%
1 year 0.0%-25.6%-20.0% +13.0%
3 years -31.5%+92.9%+43.4% +86.3%
3 years, per year -11.9%+24.5%+12.8% +23.1%
5 years -91.6%+66.0%+12.6% +68.6%
5 years, per year -39.1%+10.7%+2.4% +11.0%
10 years +33.3%+402.1%+169.9% +258.0%
10 years, per year +2.9%+17.5%+10.4% +13.6%

Risk

MeasureCLUSPIPRJEFSPY
Volatility, 1Y 0.0%36.0%40.7% 12.7%
Downside volatility, 1Y —40.8%48.0% 12.7%
Beta vs S&P 500, 1Y 0.001.301.58 1.00
Return / volatility, 1Y —-0.71-0.49 1.02
Max drawdown, 5Y -99.5%-45.6%-55.9% -25.4%
From 52-week high 0.0%-31.3%-31.5% -1.8%
52-week high $200.00$94.52$66.26 $779.14
52-week low $200.00$63.48$36.02 $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.

MultipleCLUSPIPRJEF
P/E now vs peer median -1,146,093xmedian 29.4x 14.3xmedian 29.4x 10.5xmedian 29.4x
P/S now vs peer median —median 2.9x 2.1xmedian 2.9x 0.9xmedian 2.9x
EV/EBITDA now vs peer median —median 13.7x 8.0xmedian 13.7x -0.6xmedian 13.7x
P/FCF now vs peer median —median 16.0x 9.0xmedian 16.0x 2.5xmedian 16.0x
P/B now vs peer median -105,257xmedian 2.3x 2.8xmedian 2.3x 1.0xmedian 2.3x
PEG now vs peer median —median 0.52 0.27median 0.52 0.25median 0.52

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 monthsCLUSPIPRJEF
Revenue – $2.12B $12.17B
Gross profit – – $12.01B
Operating income -$50.23K – $4.63B
Net income -$6.98K $363.85M $908.87M
Free cash flow – $487.00M $4.20B
EPS (diluted) $0.00 $4.31 $4.15
Cash & equivalents – $304.23M $16.88B
Total debt – $15.00M $3.80B
Shares (diluted) 40.00M 71.24M 206.35M
Enterprise value $8.00B $2.86B -$48.03B

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
MetricCLUSPIPRJEF
P/E -1,146,093x 14.3x 10.5x
P/FCF – 9.0x 2.5x
P/Operating cash flow – 8.7x 2.4x
P/S – 2.1x 0.9x
P/B -105,257x 2.8x 1.0x
P/Tangible book -105,257x 3.0x 1.0x
EV/EBITDA – 8.0x -0.6x
EV/EBIT -159,282x 8.5x -0.6x
EV/Revenue – 1.9x -0.2x
EV/FCF – 8.4x -0.6x
EV/Operating cash flow – 8.1x -0.6x
PEG (3Y EPS CAGR) – 0.27 0.25

Growth

14 metrics
MetricCLUSPIPRJEF
Revenue growth (1Y) – 32.1% 13.5%
Revenue CAGR (3Y) – 17.1% 18.7%
Gross profit growth (1Y) – – 14.3%
Gross profit CAGR (3Y) – – 18.7%
Operating income growth (1Y) -16.4% – 10.2%
Operating income CAGR (3Y) – – 19.6%
Net income growth (1Y) 83.8% 93.1% 30.8%
Net income CAGR (3Y) – 53.4% 39.8%
EPS growth (1Y) 98.0% 45.0% 43.1%
EPS CAGR (3Y) – 53.1% 41.8%
Operating cash flow growth (1Y) – 634.9% 352.5%
Operating cash flow CAGR (3Y) – 115.3% 70.5%
Free cash flow growth (1Y) – 1,390% 313.1%
Free cash flow CAGR (3Y) – 153.8% 65.3%

Profitability

14 metrics
MetricCLUSPIPRJEF
Gross margin – – 98.7%
EBITDA margin – 24.2% 39.6%
Operating margin – – 38.1%
Pretax margin – 22.9% 9.3%
Net margin – 14.5% 7.0%
FCF margin – 23.0% 34.5%
Operating cash flow margin – 23.9% 36.3%
Return on equity – 23.3% 8.5%
Return on assets – 16.3% 1.1%
Return on invested capital – 23.1% 25.7%
Return on capital employed – – –
Asset turnover – 0.9x 0.2x
Cash conversion (OCF / net income) – 1.4x 4.9x
Stock comp / revenue – 6.1% 1.0%

Financial Health

11 metrics
MetricCLUSPIPRJEF
Debt / assets – 0.6% 4.7%
Debt / equity – 0.0x 0.4x
Net debt / EBITDA – -0.6x -2.7x
Debt / FCF – 0.0x 0.9x
Liabilities / assets – 32.7% 86.8%
Equity / assets – 67.3% 13.2%
Interest coverage – – 1.3x
Current ratio – – –
Quick ratio – – –
Cash ratio – – –
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricCLUSPIPRJEF
Dividend yield – 1.2% 3.5%
Net buyback yield – 2.8% 4.2%
Shareholder yield – 3.9% 7.7%
Payout ratio (earnings) – 38.9% 40.7%
Payout ratio (FCF) – 29.0% 8.8%
Dividend growth (1Y) – 27.8% 2.2%
Dividend CAGR (3Y) – 20.0% 10.1%

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.

ConsensusCLUSPIPRJEF
Forward P/E – 13.6xFY2026 11.7xFY2026
EPS, next fiscal year – $4.78FY2026 $3.87FY2026
EPS growth, next FY – +7.9%FY2026 +36.7%FY2026
EPS growth, the year after – +18.0% +25.3%
Revenue, next fiscal year – $2.01BFY2026 $8.84BFY2026
Revenue growth, next FY – +6.8%FY2026 +20.5%FY2026
Revenue growth, the year after – +11.6% +0.8%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCLUSPIPRJEF
Held by institutions – 91.1% 63.8%
Institutions holding – 423 584
Change in shares held, QoQ – +3.1% -2.4%
Institutions buying – 242 281
Institutions selling – 114 201
Buyers to sellers – 2.12 1.40

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.

CLUSPIPRJEF
CLUS – – –
PIPR – 1.00 0.60
JEF – 0.60 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CLUS, PIPR and JEF?

Jefferies Financial (JEF) is the largest by market capitalisation: Cluster Group Holdings (CLUS) $8.00B, Piper Sandler Companies (PIPR) $4.43B, Jefferies Financial (JEF) $9.17B.

Which stock is cheaper, CLUS, PIPR and JEF?

Jefferies Financial (JEF) trades on the lowest price-to-earnings ratio (Cluster Group Holdings (CLUS) -1,146,093x, Piper Sandler Companies (PIPR) 14.4x, Jefferies Financial (JEF) 10.7x). On next year's consensus earnings, Jefferies Financial (JEF) is cheapest (Piper Sandler Companies (PIPR) 13.6x, Jefferies Financial (JEF) 11.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Piper Sandler Companies (PIPR) grew revenue fastest over the trailing twelve months: Piper Sandler Companies (PIPR) +32.1%, Jefferies Financial (JEF) +13.5%.

Which company is more profitable?

Piper Sandler Companies (PIPR) has the highest net margin (Piper Sandler Companies (PIPR) 14.5%, Jefferies Financial (JEF) 7.0%). On return on invested capital, Jefferies Financial (JEF) leads (Piper Sandler Companies (PIPR) 23.1%, Jefferies Financial (JEF) 25.7%).

Which stock has performed better?

Over the past year Cluster Group Holdings (CLUS) returned the most: Cluster Group Holdings (CLUS) 0.0%, Piper Sandler Companies (PIPR) -25.6%, Jefferies Financial (JEF) -20.0%. Over five years, Piper Sandler Companies (PIPR) compounded fastest (Cluster Group Holdings (CLUS) -39.1%/yr, Piper Sandler Companies (PIPR) +10.7%/yr, Jefferies Financial (JEF) +2.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Jefferies Financial (JEF) has the highest dividend yield: Piper Sandler Companies (PIPR) 0.03%, Jefferies Financial (JEF) 0.04%. Cluster Group Holdings (CLUS) 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%, Piper Sandler Companies (PIPR) 36.0%, Jefferies Financial (JEF) 40.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CLUS, PIPR and JEF?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Jefferies Financial (JEF) 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.