The Goldmanchs Group (XSWX:GS) Price-to-Tangible-Book: 2.95 (As of Aug. 21, 2026) — 138% Above Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

XSWX:GS The Goldman Sachs Group Inc XSWX:GS
75 GF Score
Price CHF811.80
GF Value CHF662.26
! 5 Warning Signs
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What is The Goldmanchs Group Price-to-Tangible-Book?

The Goldmanchs Group XSWX:GS -0.95% 75 Price-to-Tangible-Book is 2.95 as of Aug. 21, 2026, which is 138% above its 10-year median of 1.24. GuruFocus rates XSWX:GS with a GF Score™ of 75/100 and a GF Value™ of CHF662.26. The stock has 5 warning signs investors should review. Among 745 Capital Markets companies, The Goldmanchs Group ranks worse than 72.21% on this metric.

As of today (2026-08-21), The Goldmanchs Group's share price is CHF811.80. The Goldmanchs Group's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was CHF275.47. Hence, The Goldmanchs Group's Price to Tangible Book Ratio of today is 2.95.

The historical rank and industry rank for The Goldmanchs Group's Price-to-Tangible-Book or its related term are showing as below:

XSWX:GS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.7   Med: 1.24   Max: 2.93
Current: 2.91

During the past 13 years, The Goldmanchs Group's highest Price to Tangible Book Ratio was 2.93. The lowest was 0.70. And the median was 1.24.

XSWX:GS's Price-to-Tangible-Book is ranked worse than
72.21% of 745 companies
in the Capital Markets industry
Industry Median: 1.36 vs XSWX:GS: 2.91

A closely related ratio is called PB Ratio. As of today, The Goldmanchs Group's share price is CHF811.80. The Goldmanchs Group's Book Value per Sharefor the quarter that ended in Jun. 2026 was CHF300.90. Hence, The Goldmanchs Group's P/B Ratio of today is 2.70.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


The Goldmanchs Group Price-to-Tangible-Book Related Terms


The Goldmanchs Group Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for The Goldmanchs Group's Price-to-Tangible-Book 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 Price-to-Tangible-Book Chart

The Goldmanchs Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

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
Price-to-Tangible-Book 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 0.00 0.00 0.00 2.41 3.00

XSWX:GS vs MS, SCHW, HOOD: Price-to-Tangible-Book Comparison

For the Capital Markets subindustry, The Goldmanchs Group's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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 Price-to-Tangible-Book vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The Goldmanchs Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where The Goldmanchs Group's Price-to-Tangible-Book falls into.


XSWX:GS
75GF Score
The Goldman Sachs Group Inc XSWX:GS
Price-to-Tangible-Book is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Goldmanchs Group Price-to-Tangible-Book Calculation

The Goldmanchs Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2026 )
=811.80/275.472
=2.95

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about Price-to-Tangible-Book →
What does a Price-to-Tangible-Book of 2.95 mean?
The Goldmanchs Group (XSWX:GS) has a Price-to-Tangible-Book of 2.95 as of Aug. 21, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on The Goldmanchs Group and its competitors. This is 138% above median its historical median of 1.24. Over the past decade, The Goldmanchs Group's Price-to-Tangible-Book has ranged from 0.70 to 2.93. According to the industry distribution chart, The Goldmanchs Group ranks #538 out of 745 companies in the Capital Markets industry, placing it in the top 72.2%.
Is The Goldmanchs Group's Price-to-Tangible-Book too high?
The Goldmanchs Group's current Price-to-Tangible-Book of 2.95 is 138% above median its 10-year median of 1.24. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 2.93. The Capital Markets industry median Price-to-Tangible-Book is 1.36. The Goldmanchs Group's value of 2.95 is 116.9% above this industry median. Based on the distribution chart, The Goldmanchs Group ranks #538 out of 745 companies in the Capital Markets industry, which is below the industry midpoint. Overall, The Goldmanchs Group has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does The Goldmanchs Group's Price-to-Tangible-Book compare to MS and SCHW?
According to the Capital Markets industry distribution chart, The Goldmanchs Group ranks #538 out of 745 companies for Price-to-Tangible-Book. This places The Goldmanchs Group in the lower half of its industry. The industry median Price-to-Tangible-Book is 1.36. The Goldmanchs Group's value of 2.95 is 116.9% above this benchmark. Historically, The Goldmanchs Group's own Price-to-Tangible-Book has ranged from 0.70 to 2.93 over the past decade. While the company's 10-year median is 1.24 vs. the industry median of 1.36, The Goldmanchs Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for a Capital Markets company?
The median Price-to-Tangible-Book among Capital Markets companies is 1.36, based on 745 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Goldmanchs Group's current Price-to-Tangible-Book of 2.95 is 116.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on The Goldmanchs Group and its competitors. For the Capital Markets industry, the median Price-to-Tangible-Book is 1.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Goldmanchs Group's current Price-to-Tangible-Book is 2.95, which is 138% above median its own 10-year median of 1.24. 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?
The Goldmanchs Group (XSWX:GS) has a current Price-to-Tangible-Book of 2.95. The stock's GF Value™ is CHF662.26, compared to a current price of CHF811.80 — trading 22.6% above its estimated fair value. The current Price-to-Tangible-Book is 2.95, which is 138% above median its 10-year median of 1.24 and 116.9% above the Capital Markets industry median of 1.36. The Goldmanchs Group's overall GF Score™ is 75/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For The Goldmanchs Group (XSWX:GS), the current Price-to-Tangible-Book is 2.95 as of Aug. 21, 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 (XSWX:GS) Overvalued in 2026?

Based on GuruFocus' analysis, The Goldmanchs Group stock appears to be overvalued. The current stock price of CHF811.80 is trading 22.6% above its estimated GF Value™ of CHF662.26.

Key valuation signals for XSWX:GS:

  • Price-to-Tangible-Book: 2.95 (138% above median its 10-year median of 1.24)
  • GF Value™: CHF662.26 vs. price of CHF811.80 (22.6% above fair value)
  • GF Score™: 75/100 with 5 warning signs
  • Industry Position: 116.9% above the Capital Markets median (#538 of 745)

No single metric tells the full story. See the XSWX:GS 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.
75GF Score

Get the complete analysis for XSWX:GS

Price-to-Tangible-Book is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF811.80
Price
CHF662.26
GF Value