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The Goldmanchs Group (The Goldmanchs Group) Cyclically Adjusted PS Ratio : (As of May. 04, 2024)


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What is The Goldmanchs Group Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

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 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.05 3.26 3.90 3.13 3.26

The Goldmanchs Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.91 2.81 2.75 3.26 -

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.



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 Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, The Goldmanchs Group's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=25.31/129.4194*129.4194
=25.310

Current CPI (Dec. 2023) = 129.4194.

The Goldmanchs Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 18.021 99.695 23.394
201406 17.886 100.560 23.019
201409 17.360 100.428 22.372
201412 15.696 99.070 20.504
201503 22.239 99.621 28.891
201506 18.834 100.684 24.209
201509 13.856 100.392 17.862
201512 14.788 99.792 19.178
201603 12.628 100.470 16.267
201606 16.340 101.688 20.796
201609 16.895 101.861 21.466
201612 16.678 101.863 21.190
201703 16.401 102.862 20.635
201706 15.980 103.349 20.011
201709 17.029 104.136 21.164
201712 17.338 104.011 21.573
201803 20.654 105.290 25.387
201806 19.733 106.317 24.021
201809 18.127 106.507 22.027
201812 23.369 105.998 28.533
201903 17.991 107.251 21.710
201906 19.317 108.070 23.133
201909 16.705 108.329 19.957
201912 27.669 108.420 33.028
202003 19.549 108.902 23.232
202006 27.463 108.767 32.678
202009 24.109 109.815 28.413
202012 26.256 109.897 30.920
202103 39.590 111.754 45.848
202106 34.411 114.631 38.850
202109 30.431 115.734 34.029
202112 28.264 117.630 31.097
202203 28.921 121.301 30.857
202206 26.531 125.017 27.465
202209 26.779 125.227 27.676
202212 23.688 125.222 24.482
202303 27.336 127.348 27.781
202306 24.364 128.729 24.495
202309 26.426 129.860 26.336
202312 25.310 129.419 25.310

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:GSpK.PFD) 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

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The Goldmanchs Group (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 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.