Market capitalization of BX decreased by 10.82% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 39.10 to 43.51.
The secondary factor is the Margin Expansion, contributed -8.36%to the performance.
Overall, the performance of BX in the past 1 year is driven by P/E Change. Which is more unsustainable.