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The Goldmanchs Group (WBO:GS) Cyclically Adjusted PS Ratio : 3.82 (As of May. 14, 2024)


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What is The Goldmanchs Group Cyclically Adjusted PS Ratio?

As of today (2024-05-14), The Goldmanchs Group's current share price is €425.20. The Goldmanchs Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €111.26. The Goldmanchs Group's Cyclically Adjusted PS Ratio for today is 3.82.

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

WBO:GS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.84   Med: 2.9   Max: 4.67
Current: 3.77

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 2.90.

WBO:GS's Cyclically Adjusted PS Ratio is ranked worse than
55.86% of 580 companies
in the Capital Markets industry
Industry Median: 3.125 vs WBO:GS: 3.77

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. 2024 was €38.515. 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 €111.26 for the trailing ten years ended in Mar. 2024.

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 3.47

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
=425.20/111.26
=3.82

* 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. 2024 is calculated as:

For example, The Goldmanchs Group's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=38.515/129.4194*129.4194
=38.515

Current CPI (Mar. 2024) = 129.4194.

The Goldmanchs Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 13.164 100.560 16.942
201409 12.839 100.428 16.545
201412 12.287 99.070 16.051
201503 19.851 99.621 25.789
201506 16.257 100.684 20.897
201509 12.038 100.392 15.519
201512 13.440 99.792 17.430
201603 11.334 100.470 14.600
201606 14.807 101.688 18.845
201609 15.647 101.861 19.880
201612 16.675 101.863 21.186
201703 16.323 102.862 20.537
201706 15.388 103.349 19.270
201709 15.748 104.136 19.572
201712 16.485 104.011 20.512
201803 19.021 105.290 23.380
201806 19.239 106.317 23.420
201809 17.790 106.507 21.617
201812 23.927 105.998 29.214
201903 18.619 107.251 22.468
201906 20.224 108.070 24.219
201909 18.121 108.329 21.649
201912 30.309 108.420 36.179
202003 21.909 108.902 26.037
202006 30.659 108.767 36.480
202009 25.432 109.815 29.972
202012 26.720 109.897 31.467
202103 41.206 111.754 47.719
202106 35.877 114.631 40.505
202109 32.684 115.734 36.549
202112 31.732 117.630 34.912
202203 32.996 121.301 35.204
202206 31.133 125.017 32.229
202209 33.671 125.227 34.798
202212 28.042 125.222 28.982
202303 32.500 127.348 33.029
202306 28.963 128.729 29.118
202309 32.197 129.860 32.088
202312 30.436 129.419 30.436
202403 38.515 129.419 38.515

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  (WBO: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 (WBO: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.