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The Goldmanchs GroupXSWX:GS 74 Cyclically Adjusted PB Ratio is 3.07 as of Aug. 22, 2026, which is 110% above its 10-year median of 1.46. GuruFocus rates XSWX:GS with a GF Score™ of 74/100 and a GF Value™ of CHF639.13. The stock has 6 warning signs investors should review. Among 566 Capital Markets companies, The Goldmanchs Group ranks worse than 74.56% on this metric.
The historical rank and industry rank for The Goldmanchs Group's Cyclically Adjusted PB Ratio or its related term are showing as below:
XSWX:GS'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.75 Med: 1.46 Max: 3.46
Current: 3.21
During the past years, The Goldmanchs Group's highest Cyclically Adjusted PB Ratio was 3.46. The lowest was 0.75. And the median was 1.46.
XSWX:GS's Cyclically Adjusted PB Ratio is ranked worse than 74.56% of 566
companies
in the Capital Markets industry
Industry Median: 1.305
vs XSWX:GS: 3.21
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 adjusted book value per share data for the three months ended in Jun. 2026 was CHF300.898. 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 CHF264.71 for the trailing ten years ended in Jun. 2026.
Shiller PE for Stocks: The True Measure of Stock Valuation
The Goldmanchs Group (XSWX:GS) Cyclically Adjusted PB Ratio Explanation
Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.
If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.
The Goldmanchs Group Cyclically Adjusted PB Ratio Related Terms
The Goldmanchs Group Cyclically Adjusted PB Ratio Historical Data
* Premium members only.
The historical data trend for The Goldmanchs Group's Cyclically Adjusted PB Ratio 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 PB Ratio Chart
XSWX:GS vs MS, SCHW, HOOD: Cyclically Adjusted PB Ratio 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.
The Goldmanchs Group Cyclically Adjusted PB Ratio Calculation
Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.
The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.
* 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.
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.
What does a Cyclically Adjusted PB Ratio of 3.07 mean?
The Goldmanchs Group (XSWX:GS) has a Cyclically Adjusted PB Ratio of 3.07 as of Aug. 22, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on The Goldmanchs Group and its competitors. This is 110% above median its historical median of 1.46. Over the past decade, The Goldmanchs Group's Cyclically Adjusted PB Ratio has ranged from 0.75 to 3.46. According to the industry distribution chart, The Goldmanchs Group ranks #422 out of 566 companies in the Capital Markets industry, placing it in the top 74.6%.
Is The Goldmanchs Group's Cyclically Adjusted PB Ratio too high?
The Goldmanchs Group's current Cyclically Adjusted PB Ratio of 3.07 is 110% above median its 10-year median of 1.46. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 3.46. The Capital Markets industry median Cyclically Adjusted PB Ratio is 1.31. The Goldmanchs Group's value of 3.07 is 135.2% above this industry median. Based on the distribution chart, The Goldmanchs Group ranks #422 out of 566 companies in the Capital Markets industry, which is below the industry midpoint. 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 PB Ratio compare to MS and SCHW?
According to the Capital Markets industry distribution chart, The Goldmanchs Group ranks #422 out of 566 companies for Cyclically Adjusted PB Ratio. This places The Goldmanchs Group in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.31. The Goldmanchs Group's value of 3.07 is 135.2% above this benchmark. Historically, The Goldmanchs Group's own Cyclically Adjusted PB Ratio has ranged from 0.75 to 3.46 over the past decade. While the company's 10-year median is 1.46 vs. the industry median of 1.31, The Goldmanchs Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Capital Markets company?
The median Cyclically Adjusted PB Ratio among Capital Markets companies is 1.31, based on 566 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Goldmanchs Group's current Cyclically Adjusted PB Ratio of 3.07 is 135.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on The Goldmanchs Group and its competitors. For the Capital Markets industry, the median Cyclically Adjusted PB Ratio is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Goldmanchs Group's current Cyclically Adjusted PB Ratio is 3.07, which is 110% above median its own 10-year median of 1.46. 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 PB Ratio of 3.07. The stock's GF Value™ is CHF639.13, compared to a current price of CHF811.80 — trading 27% above its estimated fair value. The current Cyclically Adjusted PB Ratio is 3.07, which is 110% above median its 10-year median of 1.46 and 135.2% above the Capital Markets industry median of 1.31. 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 PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For The Goldmanchs Group (XSWX:GS), the current Cyclically Adjusted PB Ratio is 3.07 as of Aug. 22, 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 CHF811.80 is trading 27% above its estimated GF Value™ of CHF639.13.
Key valuation signals for XSWX:GS:
Cyclically Adjusted PB Ratio: 3.07 (110% above median its 10-year median of 1.46)
GF Value™: CHF639.13 vs. price of CHF811.80 (27% above fair value)
Industry Position: 135.2% above the Capital Markets median (#422 of 566)
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.
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
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