The Goldmanchs Group (XTER:GOS) Cyclically Adjusted PS Ratio: (As of Aug. 05, 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.

XTER:GOS The Goldman Sachs Group Inc XTER:GOS
72 GF Score
Price €920.40
GF Value €623.36
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is The Goldmanchs Group Cyclically Adjusted PS Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


The Goldmanchs Group  (XTER:GOS) 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


The Goldmanchs Group Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

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.

The Goldmanchs Group Cyclically Adjusted PS Ratio Chart

The Goldmanchs Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.74 3.02 3.17 4.35 6.12

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 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 5.12 5.61 6.12 5.64 0.00

XTER:GOS vs MS, SCHW, HOOD: Cyclically Adjusted PS Ratio Comparison

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 Cyclically Adjusted PS Ratio vs 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.


XTER:GOS
72GF Score
The Goldman Sachs Group Inc XTER:GOS
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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 Jun. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=57.899/333.9520*333.9520
=57.899

Current CPI (Jun. 2026) = 333.9520.

The Goldmanchs Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 16.917 241.428 23.400
201612 18.674 241.432 25.830
201703 17.863 243.801 24.468
201706 16.984 244.955 23.155
201709 17.218 246.819 23.296
201712 18.042 246.524 24.440
201803 20.759 249.554 27.780
201806 21.010 251.989 27.844
201809 19.357 252.439 25.607
201812 18.500 251.233 24.591
201903 20.382 254.202 26.776
201906 22.151 256.143 28.880
201909 20.190 256.759 26.260
201912 24.337 256.974 31.627
202003 21.909 258.115 28.346
202006 33.191 257.797 42.996
202009 25.432 260.280 32.631
202012 26.720 260.474 34.258
202103 41.206 264.877 51.952
202106 35.877 271.696 44.098
202109 32.684 274.310 39.790
202112 31.732 278.802 38.009
202203 32.996 287.504 38.327
202206 31.133 296.311 35.088
202209 33.671 296.808 37.885
202212 28.042 296.797 31.552
202303 32.500 301.836 35.958
202306 28.963 305.109 31.701
202309 32.197 307.789 34.934
202312 30.436 306.746 33.135
202403 38.515 312.332 41.181
202406 35.252 314.175 37.471
202409 34.588 315.301 36.634
202412 40.319 315.605 42.663
202503 42.935 319.799 44.835
202506 39.722 322.561 41.125
202509 41.069 324.800 42.226
202512 36.732 324.054 37.854
202603 48.381 330.213 48.929
202606 57.899 333.952 57.899

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.

Is The Goldmanchs Group (XTER:GOS) Overvalued in 2026?

Based on GuruFocus' analysis, The Goldmanchs Group stock appears to be overvalued. The current stock price of €920.40 is trading 47.7% above its estimated GF Value™ of €623.36. GuruFocus considers The Goldmanchs Group to be Significantly Overvalued.

Key valuation signals for XTER:GOS:

  • Cyclically Adjusted PS Ratio:
  • GF Value™: €623.36 vs. price of €920.40 (47.7% above fair value)
  • GF Score™: 72/100 with 7 warning signs

No single metric tells the full story. See the XTER:GOS 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.
72GF Score

Get the complete analysis for XTER:GOS

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

€920.40
Price
€623.36
GF Value