The Goldmanchs Group (UKEX:GS) Cyclically Adjusted Book per Share: ₴4,185.68 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

UKEX:GS The Goldman Sachs Group Inc UKEX:GS
74 GF Score
Price ₴13,081.00
GF Value ₴10,298.61
! 6 Warning Signs
View Full Analysis

What is The Goldmanchs Group Cyclically Adjusted Book per Share?

The Goldmanchs Group UKEX:GS 74 Cyclically Adjusted Book per Share is ₴4,185.68 as of Jun. 2026. GuruFocus rates UKEX:GS with a GF Score™ of 74/100 and a GF Value™ of ₴10,298.61. The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

The Goldmanchs Group's adjusted book value per share for the three months ended in Jun. 2026 was ₴16,838.523. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is ₴4,185.68 for the trailing ten years ended in Jun. 2026.

During the past 12 months, The Goldmanchs Group's average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of The Goldmanchs Group was 14.70% per year. The lowest was 6.70% per year. And the median was 9.70% per year.

As of today (2026-08-24), The Goldmanchs Group's current stock price is ₴13081.00. The Goldmanchs Group's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was ₴4,185.68. The Goldmanchs Group's Cyclically Adjusted PB Ratio of today is 3.13.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Goldmanchs Group was 3.46. The lowest was 0.75. And the median was 1.46.


The Goldmanchs Group  (UKEX:GS) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

The Goldmanchs Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13081.00/4185.68
=3.13

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Goldmanchs Group was 3.46. The lowest was 0.75. And the median was 1.46.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


The Goldmanchs Group Cyclically Adjusted Book per Share Related Terms


The Goldmanchs Group Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for The Goldmanchs Group's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The Goldmanchs Group Cyclically Adjusted Book per Share Chart

The Goldmanchs Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 9,466.18 9,106.21 6,588.24 4,586.53

The Goldmanchs Group Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,558.06 5,023.29 4,586.53 4,902.19 4,185.68

UKEX:GS vs MS, SCHW, HOOD: Cyclically Adjusted Book per Share Comparison

For the Capital Markets subindustry, The Goldmanchs Group's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


The Goldmanchs Group Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The Goldmanchs Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where The Goldmanchs Group's Cyclically Adjusted PB Ratio falls into.


UKEX:GS
74GF Score
The Goldman Sachs Group Inc UKEX:GS
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Goldmanchs Group Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, The Goldmanchs Group's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=16838.523/333.9520*333.9520
=16,838.523

Current CPI (Jun. 2026) = 333.9520.

The Goldmanchs Group Quarterly Data

Book Value per Share CPI Adj_Book
201609 8,504.961 241.428 11,764.372
201612 8,622.772 241.432 11,927.135
201703 8,578.314 243.801 11,750.342
201706 8,695.807 244.955 11,855.166
201709 8,859.675 246.819 11,987.352
201712 8,400.305 246.524 11,379.414
201803 8,571.065 249.554 11,469.759
201806 8,924.618 251.989 11,827.477
201809 9,067.247 252.439 11,995.077
201812 9,606.805 251.233 12,769.866
201903 9,642.944 254.202 12,668.195
201906 9,886.419 256.143 12,889.634
201909 10,110.365 256.759 13,149.983
201912 10,181.302 256.974 13,231.168
202003 10,559.513 258.115 13,662.013
202006 10,251.495 257.797 13,279.857
202009 10,588.175 260.280 13,585.148
202012 11,014.262 260.474 14,121.313
202103 11,637.080 264.877 14,671.814
202106 12,292.139 271.696 15,108.741
202109 12,871.892 274.310 15,670.570
202112 13,305.021 278.802 15,936.896
202203 13,616.476 287.504 15,816.300
202206 14,017.808 296.311 15,798.519
202209 14,323.208 296.808 16,115.684
202212 14,221.546 296.797 16,001.893
202303 14,351.484 301.836 15,878.513
202306 14,303.998 305.109 15,656.204
202309 14,527.143 307.789 15,761.994
202312 14,620.745 306.746 15,917.492
202403 14,818.493 312.332 15,844.247
202406 15,096.914 314.175 16,047.250
202409 15,367.773 315.301 16,276.823
202412 15,657.357 315.605 16,567.563
202503 15,870.062 319.799 16,572.406
202506 16,090.310 322.561 16,658.527
202509 16,282.061 324.800 16,740.846
202512 16,568.400 324.054 17,074.470
202603 16,563.070 330.213 16,750.614
202606 16,838.523 333.952 16,838.523

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of ₴4,185.68 mean?
The Goldmanchs Group (UKEX:GS) has a Cyclically Adjusted Book per Share of ₴4,185.68 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on The Goldmanchs Group and its competitors.
Is The Goldmanchs Group's Cyclically Adjusted Book per Share too high?
The Goldmanchs Group's current Cyclically Adjusted Book per Share is ₴4,185.68. Overall, The Goldmanchs Group has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does The Goldmanchs Group's Cyclically Adjusted Book per Share compare to MS and SCHW?
The Goldmanchs Group's Cyclically Adjusted Book per Share of ₴4,185.68 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Capital Markets company?
A good Cyclically Adjusted Book per Share depends on the Capital Markets industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on The Goldmanchs Group and its competitors. The Goldmanchs Group's current Cyclically Adjusted Book per Share is ₴4,185.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Goldmanchs Group stock overvalued right now?
The Goldmanchs Group (UKEX:GS) has a current Cyclically Adjusted Book per Share of ₴4,185.68. The stock's GF Value™ is ₴10,298.61, compared to a current price of ₴13,081.00 — trading 27% above its estimated fair value. The current Cyclically Adjusted Book per Share is ₴4,185.68. The Goldmanchs Group's overall GF Score™ is 74/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For The Goldmanchs Group (UKEX:GS), the current Cyclically Adjusted Book per Share is ₴4,185.68 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is The Goldmanchs Group (UKEX:GS) Overvalued in 2026?

Based on GuruFocus' analysis, The Goldmanchs Group stock appears to be overvalued. The current stock price of ₴13,081.00 is trading 27% above its estimated GF Value™ of ₴10,298.61.

Key valuation signals for UKEX:GS:

  • Cyclically Adjusted Book per Share: ₴4,185.68
  • GF Value™: ₴10,298.61 vs. price of ₴13,081.00 (27% above fair value)
  • GF Score™: 74/100 with 6 warning signs

No single metric tells the full story. See the UKEX:GS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


The Goldmanchs Group Business Description

Address 200 West Street, New York, NY, USA, 10282
Goldman Sachs is a storied financial institution, founded in 1869 and best known for its role as a leading global investment bank. The firm has a sprawling reach across global financial centers and has been the leading provider of global merger and acquisition advisory services, by revenue, for the past 20 years. Since the global financial crisis, Goldman has expanded its offerings into more stable fee-based businesses like asset and wealth management, which comprised roughly 30% of post-provision revenue at the end of 2025. The firm generates revenue from investment banking, global market making and trading, lending, asset management, wealth management, and a small and declining portfolio of consumer credit card loans.
74GF Score

Get the complete analysis for UKEX:GS

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₴13,081.00
Price
₴10,298.61
GF Value