The Goldmanchs Group (FRA:GOS0) Cyclically Adjusted Revenue per Share: €4.33 (As of Mar. 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.

FRA:GOS0 The Goldman Sachs Group Inc FRA:GOS0
69 GF Score
Price €30.60
GF Value €20.10
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is The Goldmanchs Group Cyclically Adjusted Revenue per Share?

The Goldmanchs Group FRA:GOS0 +2.00% 69 Cyclically Adjusted Revenue per Share is €4.33 as of Mar. 2026. GuruFocus rates FRA:GOS0 with a GF Score™ of 69/100 and a GF Value™ of €20.10 (Significantly Overvalued). 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 Revenue per Share and 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 for the three months ended in Mar. 2026 was €1.763. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is €4.33 for the trailing ten years ended in Mar. 2026.

During the past 12 months, The Goldmanchs Group's average Cyclically Adjusted Revenue Growth Rate was 11.10% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 8.10% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 10.30% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 7.50% 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 Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of The Goldmanchs Group was 12.50% per year. The lowest was -0.60% per year. And the median was 6.00% per year.

As of today (2026-07-13), The Goldmanchs Group's current stock price is €30.60. The Goldmanchs Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was €4.33. The Goldmanchs Group's Cyclically Adjusted PS Ratio of today is 7.07.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of The Goldmanchs Group was 7.31. The lowest was 1.73. And the median was 3.14.


The Goldmanchs Group  (FRA:GOS0) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS 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 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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=30.60/4.33
=7.07

* 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 PS Ratio of The Goldmanchs Group was 7.31. The lowest was 1.73. And the median was 3.14.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


The Goldmanchs Group Cyclically Adjusted Revenue per Share Related Terms


The Goldmanchs Group Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for The Goldmanchs Group's Cyclically Adjusted Revenue 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 Revenue per Share Chart

The Goldmanchs Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 4.00 4.14 3.89 4.28

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 Revenue 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 4.03 3.55 4.20 4.28 4.33

FRA:GOS0 vs MS, SCHW, HOOD: Cyclically Adjusted Revenue per Share 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.


FRA:GOS0
69GF Score
The Goldman Sachs Group Inc FRA:GOS0
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Goldmanchs Group Cyclically Adjusted Revenue 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 Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue 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 Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1.763/330.2130*330.2130
=1.763

Current CPI (Mar. 2026) = 330.2130.

The Goldmanchs Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 0.586 241.018 0.803
201609 0.616 241.428 0.843
201612 0.680 241.432 0.930
201703 0.651 243.801 0.882
201706 0.619 244.955 0.834
201709 0.627 246.819 0.839
201712 0.657 246.524 0.880
201803 0.756 249.554 1.000
201806 0.766 251.989 1.004
201809 0.705 252.439 0.922
201812 0.674 251.233 0.886
201903 0.743 254.202 0.965
201906 0.807 256.143 1.040
201909 0.736 256.759 0.947
201912 0.887 256.974 1.140
202003 0.798 258.115 1.021
202006 1.209 257.797 1.549
202009 0.927 260.280 1.176
202012 0.974 260.474 1.235
202103 1.502 264.877 1.872
202106 1.307 271.696 1.588
202109 1.191 274.310 1.434
202112 1.156 278.802 1.369
202203 1.202 287.504 1.381
202206 1.134 296.311 1.264
202209 1.227 296.808 1.365
202212 1.022 296.797 1.137
202303 1.184 301.836 1.295
202306 1.055 305.109 1.142
202309 1.173 307.789 1.258
202312 1.109 306.746 1.194
202403 1.403 312.332 1.483
202406 1.285 314.175 1.351
202409 1.260 315.301 1.320
202412 1.469 315.605 1.537
202503 1.565 319.799 1.616
202506 1.447 322.561 1.481
202509 1.497 324.800 1.522
202512 1.338 324.054 1.363
202603 1.763 330.213 1.763

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

What does a Cyclically Adjusted Revenue per Share of €4.33 mean?
The Goldmanchs Group (FRA:GOS0) has a Cyclically Adjusted Revenue per Share of €4.33 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on The Goldmanchs Group and its competitors.
Is The Goldmanchs Group's Cyclically Adjusted Revenue per Share too high?
The Goldmanchs Group's current Cyclically Adjusted Revenue per Share is €4.33. Overall, The Goldmanchs Group has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Goldmanchs Group's Cyclically Adjusted Revenue per Share compare to MS and SCHW?
The Goldmanchs Group's Cyclically Adjusted Revenue per Share of €4.33 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 Revenue per Share for a Capital Markets company?
A good Cyclically Adjusted Revenue per Share depends on the Capital Markets industry context. However, Cyclically Adjusted Revenue 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 Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on The Goldmanchs Group and its competitors. The Goldmanchs Group's current Cyclically Adjusted Revenue per Share is €4.33. 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?
Based on GuruFocus' analysis, The Goldmanchs Group (FRA:GOS0) is currently considered Significantly Overvalued. The stock's GF Value™ is €20.10, compared to a current price of €30.60 — trading 52.2% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is €4.33. 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 Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For The Goldmanchs Group (FRA:GOS0), the current Cyclically Adjusted Revenue per Share is €4.33 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 (FRA:GOS0) Overvalued in 2026?

Based on GuruFocus' analysis, The Goldmanchs Group stock appears to be overvalued. The current stock price of €30.60 is trading 52.2% above its estimated GF Value™ of €20.10. GuruFocus considers The Goldmanchs Group to be Significantly Overvalued.

Key valuation signals for FRA:GOS0:

  • Cyclically Adjusted Revenue per Share: €4.33
  • GF Value™: €20.10 vs. price of €30.60 (52.2% above fair value)
  • GF Score™: 69/100 with 8 warning signs

No single metric tells the full story. See the FRA:GOS0 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 FRA:GOS0

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

€30.60
Price
€20.10
GF Value