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The Goldmanchs Group (UKEX:GS) Cyclically Adjusted PS Ratio : 3.26 (As of May. 02, 2024)


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What is The Goldmanchs Group Cyclically Adjusted PS Ratio?

As of today (2024-05-02), The Goldmanchs Group's current share price is ₴13081.00. The Goldmanchs Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was ₴4,014.46. The Goldmanchs Group's Cyclically Adjusted PS Ratio for today is 3.26.

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

UKEX:GS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.84   Med: 2.89   Max: 4.67
Current: 3.61

During the past years, The Goldmanchs Group's highest Cyclically Adjusted PS Ratio was 4.67. The lowest was 1.84. And the median was 2.89.

UKEX:GS's Cyclically Adjusted PS Ratio is ranked worse than
54.73% of 581 companies
in the Capital Markets industry
Industry Median: 2.99 vs UKEX:GS: 3.61

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 Dec. 2023 was ₴1,312.340. 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 ₴4,014.46 for the trailing ten years ended in Dec. 2023.

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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=13081.00/4014.46
=3.26

* 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 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)
=1312.34/129.4194*129.4194
=1,312.340

Current CPI (Dec. 2023) = 129.4194.

The Goldmanchs Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 712.543 99.695 924.995
201406 707.208 100.560 910.172
201409 654.188 100.428 843.040
201412 599.024 99.070 782.533
201503 849.471 99.621 1,103.562
201506 721.407 100.684 927.299
201509 534.205 100.392 688.669
201512 578.868 99.792 750.726
201603 499.060 100.470 642.856
201606 657.821 101.688 837.215
201609 694.377 101.861 882.240
201612 695.485 101.863 883.633
201703 690.270 102.862 868.486
201706 683.642 103.349 856.094
201709 742.157 104.136 922.350
201712 771.388 104.011 959.826
201803 927.340 105.290 1,139.865
201806 888.682 106.317 1,081.792
201809 820.761 106.507 997.331
201812 1,076.290 105.998 1,314.109
201903 831.839 107.251 1,003.782
201906 903.550 108.070 1,082.053
201909 789.099 108.329 942.724
201912 1,331.579 108.420 1,589.485
202003 957.226 108.902 1,137.575
202006 1,365.151 108.767 1,624.358
202009 1,184.427 109.815 1,395.875
202012 1,285.252 109.897 1,513.570
202103 1,939.615 111.754 2,246.210
202106 1,709.083 114.631 1,929.563
202109 1,520.354 115.734 1,700.130
202112 1,417.701 117.630 1,559.796
202203 1,436.820 121.301 1,532.983
202206 1,301.238 125.017 1,347.062
202209 1,318.166 125.227 1,362.302
202212 1,174.542 125.222 1,213.914
202303 1,375.834 127.348 1,398.215
202306 1,240.733 128.729 1,247.390
202309 1,358.645 129.860 1,354.040
202312 1,312.340 129.419 1,312.340

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  (UKEX: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 (UKEX:GS) 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.