PX vs BX vs KKR vs AMG

For growth investors, P10, Inc.

(PX) is the stronger pick with 113. 6% revenue growth year-over-year, versus -11. 0% for KKR & Co. Inc. (KKR). Affiliated Managers Group, Inc. (AMG) offers the better valuation at 13. 1x trailing P/E (9. 0x forward), making it the more compelling value choice. Analysts rate P10, Inc. (PX) a "Buy" — based on 8 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

On trailing P/E, Affiliated Managers Group, Inc.

(AMG) is the cheapest at 13. 1x versus P10, Inc. at 47. 2x. On forward P/E, P10, Inc. is actually cheaper at 6. 9x — notably different from the trailing picture, reflecting expected earnings growth. The PEG ratio (P/E divided by earnings growth rate) is the most growth-adjusted single valuation metric: Affiliated Managers Group, Inc. wins at 0. 23x versus Blackstone Inc. 's 0. 98x — a PEG below 1. 0 traditionally signals the market is underpricing earnings growth.

Over the past 5 years, KKR & Co.

Inc. (KKR) delivered a total return of +76. 5%, compared to -33. 0% for P10, Inc. (PX). Over 10 years, the gap is even starker: KKR returned +715. 5% versus PX's -33. 0%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

By beta (market sensitivity over 5 years), Affiliated Managers Group, Inc.

(AMG) is the lower-risk stock at 1. 14β versus P10, Inc. 's 1. 79β — meaning PX is approximately 57% more volatile than AMG relative to the S&P 500. On balance sheet safety, Blackstone Inc. (BX) carries a lower debt/equity ratio of 61% versus 68% for P10, Inc. — giving it more financial flexibility in a downturn.

By revenue growth (latest reported year), P10, Inc.

(PX) is pulling ahead at 113. 6% versus -11. 0% for KKR & Co. Inc. (KKR). On earnings-per-share growth, the picture is similar: P10, Inc. grew EPS 90. 3% year-over-year, compared to -28. 7% for KKR & Co. Inc.. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

Affiliated Managers Group, Inc.

(AMG) is the more profitable company, earning 29. 3% net margin versus 12. 3% for KKR & Co. Inc. — meaning it keeps 29. 3% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: BX leads at 51. 9% versus 2. 4% for KKR. At the gross margin level — before operating expenses — BX leads at 86. 0%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

The PEG ratio (forward P/E divided by expected earnings growth rate) is the most precise measure of undervaluation relative to growth potential.

By this metric, Affiliated Managers Group, Inc. (AMG) is the more undervalued stock at a PEG of 0. 23x versus Blackstone Inc. 's 0. 98x. A PEG below 1. 0 is traditionally considered the threshold for growth-adjusted undervaluation. On forward earnings alone, P10, Inc. (PX) trades at 6. 9x forward P/E versus 20. 5x for Blackstone Inc. — 13. 6x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for PX: 231. 1% to $25. 00.

In this comparison, BX (6.

3% yield), PX (1. 7% yield), KKR (0. 8% yield) pay a dividend. AMG does not pay a meaningful dividend and should not be held primarily for income.

For long-horizon retirement investors, KKR & Co.

Inc. (KKR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (0. 8% yield, +715. 5% 10Y return). P10, Inc. (PX) carries a higher beta of 1. 79 — meaning larger drawdowns in market downturns, which matters significantly when you cannot wait years for a recovery. Both have compounded well over 10 years (KKR: +715. 5%, PX: -33. 0%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

Both stocks operate in the Financial Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.

In terms of investment character: PX is a small-cap high-growth stock; BX is a mid-cap high-growth stock; KKR is a mid-cap quality compounder stock; AMG is a small-cap high-growth stock. PX, BX, KKR pay a dividend while AMG does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.