Blackstone Inc. (BX)
Investment Advice
Latest Price
$128.51
TTM P/E
28.81
Normalized P/E
35.88
Div Yield
3.87%
Book Value
11.37
P/B Ratio
11.30
Valuation metrics
adjust assumptions →EPS: $3.87
Book value / share: $11.57
Formula: √(22.5 × EPS × BVPS)
Graham Number
$31.75
75% downside
Norm. op. income: $4.0B (median of 7yr)
Tax rate: 15%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$32.50
75% downside
Base FCF: $3.9B (median of recent 5yr)
Growth: 10%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$120.44
6% downside
EPS: $3.87
Target P/E: 36×
Formula: EPS × P/E
P/E Fair Value
$139.32
+8% upside
Institutional Ownership
75.8% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 51.94M | $6.11B | 6.90% | -759.4K | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 48.51M | $5.71B | 6.45% | +200.5K | 2026-06-30 |
| MORGAN STANLEY | 34.84M | $4.10B | 4.63% | +2.35M | 2026-06-30 |
| STATE STREET CORP | 32.46M | $3.82B | 4.31% | +435.9K | 2026-06-30 |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | 23.50M | $2.77B | 3.12% | +2.14M | 2026-06-30 |
| Sixth Street Partners Management Company, L.P. | 23.50M | $2.77B | 3.12% | -- | 2026-06-30 |
| JPMORGAN CHASE & CO | 19.16M | $2.20B | 2.55% | -809.1K | 2026-06-30 |
| GEODE CAPITAL MANAGEMENT, LLC | 18.37M | $2.15B | 2.44% | +48.7K | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 15.77M | $1.85B | 2.10% | -270.2K | 2026-06-30 |
| Capital Research Global Investors | 13.20M | $1.55B | 1.75% | -1.55M | 2026-06-30 |