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GS (The Goldmanchs Group) Cyclically Adjusted PS Ratio : 5.24 (As of Jun. 30, 2025)


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What is The Goldmanchs Group Cyclically Adjusted PS Ratio?

As of today (2025-06-30), The Goldmanchs Group's current share price is $707.75. The Goldmanchs Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was $135.02. The Goldmanchs Group's Cyclically Adjusted PS Ratio for today is 5.24.

The historical rank and industry rank for The Goldmanchs Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

GS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.73   Med: 2.99   Max: 5.12
Current: 5.12

During the past years, The Goldmanchs Group's highest Cyclically Adjusted PS Ratio was 5.12. The lowest was 1.73. And the median was 2.99.

GS's Cyclically Adjusted PS Ratio is ranked worse than
60.55% of 583 companies
in the Capital Markets industry
Industry Median: 3.67 vs GS: 5.12

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

The Goldmanchs Group's adjusted revenue per share data for the three months ended in Mar. 2025 was $46.416. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $135.02 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Goldmanchs Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Goldmanchs Group's Cyclically Adjusted PS 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.

* Premium members only.

The Goldmanchs Group Cyclically Adjusted PS Ratio Chart

The Goldmanchs Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.09 3.74 3.02 3.17 4.35

The Goldmanchs Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS Ratio 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 3.32 3.54 3.82 4.35 4.05

Competitive Comparison of The Goldmanchs Group's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, The Goldmanchs Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

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


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The Goldmanchs Group Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

The Goldmanchs Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=707.75/135.02
=5.24

* 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's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, The Goldmanchs Group's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=46.416/134.9266*134.9266
=46.416

Current CPI (Mar. 2025) = 134.9266.

The Goldmanchs Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 19.647 100.684 26.329
201509 14.961 100.392 20.108
201512 16.026 99.792 21.668
201603 14.166 100.470 19.024
201606 18.060 101.688 23.963
201609 18.987 101.861 25.150
201612 19.698 101.863 26.092
201703 19.105 102.862 25.060
201706 19.083 103.349 24.914
201709 20.523 104.136 26.591
201712 21.351 104.011 27.697
201803 25.597 105.290 32.802
201806 24.544 106.317 31.149
201809 22.586 106.507 28.613
201812 21.047 105.998 26.791
201903 23.031 107.251 28.974
201906 25.029 108.070 31.249
201909 22.236 108.329 27.695
201912 27.041 108.420 33.652
202003 24.209 108.902 29.994
202006 37.377 108.767 46.366
202009 29.956 109.815 36.806
202012 32.506 109.897 39.909
202103 49.055 111.754 59.227
202106 43.225 114.631 50.878
202109 38.452 115.734 44.829
202112 35.855 117.630 41.127
202203 36.339 121.301 40.421
202206 32.910 125.017 35.519
202209 33.338 125.227 35.920
202212 29.706 125.222 32.008
202303 34.796 127.348 36.867
202306 31.380 128.729 32.891
202309 34.362 129.860 35.703
202312 33.191 129.419 34.603
202403 41.865 131.776 42.866
202406 37.946 132.554 38.625
202409 38.389 133.029 38.937
202412 42.219 133.157 42.780
202503 46.416 134.927 46.416

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


The Goldmanchs Group  (NYSE:GS) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


The Goldmanchs Group Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of The Goldmanchs Group's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


The Goldmanchs Group Business Description

Address
200 West Street, New York, NY, USA, 10282
Goldman Sachs is a leading global investment banking and asset management firm. Approximately 14% of its revenue comes from investment banking, 42% from trading, 20% from asset & wealth management, 15% from net interest income, and 9% from other principal transactions. Around 64% of the company's net revenue is generated in the Americas, 13% in Asia, and 23% in Europe, the Middle East, and Africa.
Executives
David M Solomon officer: President and Co-COO C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Kathryn H. Ruemmler officer: EVP, Chief Legal Officer, GC 200 WEST STREET, NEW YORK NY 10282
Sheara J Fredman officer: Chief Accounting Officer C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Kevin R Johnson director 2401 UTAH AVE. S, SUITE 800, SEATTLE WA 98134
David A Viniar officer: Executive VP - CFO C/O GOLDMAN SACHS GROUP INC, 200 WEST STREET, NEW YORK NY 10282
Thomas K. Montag director C/O MERRILL LYNCH & CO., INC., 4 WORLD FINANCIAL CENTER, NEW YORK NY 10038
Rogers John F.w. officer: EVP-Chief of Staff & Secretary C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Denis P. Coleman officer: Chief Financial Officer 200 WEST STREET, NEW YORK NY 10282
Brian J Lee officer: Principal Accounting Officer C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Mark A. Flaherty director C/O GOLDMAN, SACHS & CO., 200 WEST STREET, NEW YORK NY 10282
Philip R. Berlinski officer: Global Treasurer 200 WEST STREET, NEW YORK NY 10282
Ericka T Leslie officer: Chief Administrative Officer 200 WEST STREET, NEW YORK NY 10282
John E. Waldron officer: President and COO C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Laurence Stein officer: Chief Administrative Officer C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Stephen M Scherr officer: Executive Vice President - CFO C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282