Pershing Square Holdings/£PSH
1D1W1MYTD1Y5YMAX
Capital at risk
About Pershing Square Holdings
Pershing Square Holdings, Ltd. (PSH) is a Guernsey-based investment holding company structured as a closed-ended fund, primarily engaged in acquiring and holding significant, though typically non-controlling, positions in a concentrated portfolio of large-capitalization companies. Incorporated on February 2, 2012, PSH commenced operations on December 31, 2012, and its public shares began trading on Euronext Amsterdam on October 13, 2014, followed by a listing on the London Stock Exchange on May 2, 2017. The company aims to maximize its long-term compound annual growth in intrinsic value per share by focusing on high-quality businesses with predictable, recurring cash flows and substantial barriers to entry. PSH is managed by Pershing Square Capital Management, L.P., founded by William A. Ackman in 2004, which employs an activist investment strategy to drive value creation within its portfolio companies.
- Ticker
- £PSH
- Sector
- Finance
- Primary listing
- LSE
- Employees
- -
- Headquarters
- New York, United States
PSH Metrics
BasicAdvanced
£6.7B
-
-£5.52
0.51
£0.52
1.45%
Price and volume
Market cap
£6.7B
Beta
0.51
52-week high
£50.95
52-week low
£36.36
Average daily volume
149K
Dividend rate
£0.52
Financial strength
Current ratio
155.543
Quick ratio
154.268
Long term debt to equity
27.996
Total debt to equity
27.996
Interest coverage (TTM)
-8.63%
Profitability
Gross margin (TTM)
100.00%
Net profit margin (TTM)
157.69%
Operating margin (TTM)
141.34%
Effective tax rate (TTM)
-3.15%
Management effectiveness
Return on assets (TTM)
-4.18%
Return on equity (TTM)
-9.55%
Valuation
Price to revenue (TTM)
-10.915
Price to book
0.52
Price to tangible book (TTM)
0.52
Price to free cash flow (TTM)
-7.397
Free cash flow yield (TTM)
-13.52%
Free cash flow per share (TTM)
-5.164
Dividend yield (TTM)
1.37%
Forward dividend yield
1.45%
Growth
Revenue change (TTM)
-125.25%
Earnings per share change (TTM)
-155.88%
3-year revenue growth (CAGR)
-35.33%
10-year revenue growth (CAGR)
-10.43%
3-year earnings per share growth (CAGR)
-19.58%
10-year earnings per share growth (CAGR)
30.88%
3-year dividend per share growth (CAGR)
10.71%
What the Analysts think about PSH
Analyst ratings (Buy, Hold, Sell) for Pershing Square Holdings stock.
Analyst projections of the future price of Pershing Square Holdings stock.
Bulls say / Bears say
Pershing Square’s investment firm, controlling over 4.5% of Universal Music Group shares, is pushing a $65 billion deal to combine UMG with a US-traded vehicle, potentially unlocking substantial value for PSH’s stake. (Bloomberg)
Bill Ackman successfully marketed the Pershing Square USA IPO to raise up to $10 billion in April 2026, demonstrating the manager’s ability to secure significant permanent capital supportive of PSH’s activist strategy. (Bloomberg)
From January 1, 2018 through December 31, 2025, Pershing Square’s permanent capital strategy delivered annualized NAV net returns 830 bps above the S&P 500, ranking in the top decile of US-listed equity closed-end funds. (SEC)
PSH’s year-to-date NAV per share was down 14.8% as of March 17, 2026, eroding significant shareholder value early in the year. (BusinessWire)
Shares of PSH traded at a 34.31% discount to NAV as of August 31, 2026, near a six-month wides, indicating persistent market skepticism and capped share-price upside. (Morningstar)
PSH charges an annual management fee of 1.5% of NAV and a 16% performance fee on gains above a high-water mark, which can dilute net investor returns compared to lower-cost alternatives. (SEC)
Data summarised monthly by Lightyear AI. Last updated on 6 Sept 2026.
PSH Financial Performance
Revenues and expenses
PSH Earnings Performance
Company profitability
Upcoming events
Funds containing PSH
AllEURGBP
Fund name | Fund size | £PSH weighting |
|---|---|---|
iShares Core FTSE 100€ISFA | €19B | 0.19% |
iShares Core FTSE 100£ISF | £16B | 0.19% |
iShares Core FTSE 100£CUKX | £3.2B | 0.18% |
Latest price is delayed by 15 minutes. Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by London Stock Exchange, through Infront.