The Goldmanchs Group (XSWX:GS) Cyclically Adjusted Book per Share: CHF245.36 (As of Mar. 2026)


XSWX:GS The Goldman Sachs Group Inc XSWX:GS
69 GF Score
Price CHF846.40
GF Value CHF554.56
! 8 Warning Signs
View Full Analysis

What is The Goldmanchs Group Cyclically Adjusted Book per Share?

The Goldmanchs Group XSWX:GS 69 Cyclically Adjusted Book per Share is CHF245.36 as of Mar. 2026. GuruFocus rates XSWX:GS with a GF Score™ of 69/100 and a GF Value™ of CHF554.56. The stock has 8 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 Mar. 2026 was CHF291.533. 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 CHF245.36 for the trailing ten years ended in Mar. 2026.

During the past 12 months, The Goldmanchs Group's average Cyclically Adjusted Book Growth Rate was 7.40% 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 (2026-07-07), The Goldmanchs Group's current stock price is CHF846.40. The Goldmanchs Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was CHF245.36. The Goldmanchs Group's Cyclically Adjusted PB Ratio of today is 3.45.

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 1.45.


The Goldmanchs Group  (XSWX: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
=846.40/245.36
=3.45

* 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 1.45.


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 0.00 0.00 0.00 0.00

The Goldmanchs Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 245.36

XSWX: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.


XSWX:GS
69GF Score
The Goldman Sachs Group Inc XSWX: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 Mar. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=291.533/330.2130*330.2130
=291.533

Current CPI (Mar. 2026) = 330.2130.

The Goldmanchs Group Quarterly Data

Book Value per Share CPI Adj_Book
201606 179.576 241.018 246.033
201609 185.046 241.428 253.097
201612 196.516 241.432 268.780
201703 192.070 243.801 260.147
201706 188.207 244.955 253.714
201709 190.645 246.819 255.059
201712 185.361 246.524 248.287
201803 181.656 249.554 240.370
201806 197.529 251.989 258.847
201809 196.287 252.439 256.761
201812 213.036 251.233 280.008
201903 215.691 254.202 280.187
201906 218.374 256.143 281.522
201909 223.909 256.759 287.965
201912 223.659 256.974 287.403
202003 226.467 258.115 289.725
202006 218.027 257.797 279.271
202009 216.571 260.280 274.760
202012 218.761 260.474 277.332
202103 241.902 264.877 301.571
202106 249.473 271.696 303.204
202109 265.556 274.310 319.675
202112 273.956 278.802 324.473
202203 282.926 287.504 324.955
202206 304.052 296.311 338.840
202209 311.669 296.808 346.747
202212 296.198 296.797 329.547
202303 296.947 301.836 324.864
202306 287.938 305.109 311.629
202309 292.170 307.789 313.456
202312 282.677 306.746 304.303
202403 294.385 312.332 311.239
202406 301.672 314.175 317.072
202409 291.074 315.301 304.840
202412 312.100 315.605 326.546
202503 313.502 319.799 323.711
202506 292.528 322.561 299.468
202509 289.790 324.800 294.620
202512 295.182 324.054 300.792
202603 291.533 330.213 291.533

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 CHF245.36 mean?
The Goldmanchs Group (XSWX:GS) has a Cyclically Adjusted Book per Share of CHF245.36 as of Mar. 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 CHF245.36. Overall, The Goldmanchs Group has a GF Score™ of 69/100, 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 CHF245.36 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 CHF245.36. 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 (XSWX:GS) has a current Cyclically Adjusted Book per Share of CHF245.36. The stock's GF Value™ is CHF554.56, compared to a current price of CHF846.40 — trading 52.6% above its estimated fair value. The current Cyclically Adjusted Book per Share is CHF245.36. The Goldmanchs Group's overall GF Score™ is 69/100 with 8 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 (XSWX:GS), the current Cyclically Adjusted Book per Share is CHF245.36 as of Mar. 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 (XSWX:GS) Overvalued in 2026?

Based on GuruFocus' analysis, The Goldmanchs Group stock appears to be overvalued. The current stock price of CHF846.40 is trading 52.6% above its estimated GF Value™ of CHF554.56.

Key valuation signals for XSWX:GS:

  • Cyclically Adjusted Book per Share: CHF245.36
  • GF Value™: CHF554.56 vs. price of CHF846.40 (52.6% above fair value)
  • GF Score™: 69/100 with 8 warning signs

No single metric tells the full story. See the XSWX: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.
69GF Score

Get the complete analysis for XSWX:GS

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

CHF846.40
Price
CHF554.56
GF Value