GS (The Goldmanchs Group) Shiller PE Ratio: 25.34 (As of Sep. 16, 2026) — 69% Above Median

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GS The Goldman Sachs Group Inc GS
76 GF Score
Price $976.67
GF Value $828.73
Valuation Modestly Overvalued
! 6 Warning Signs
View Full Analysis

What is The Goldmanchs Group Shiller PE Ratio?

The Goldmanchs Group GS -1.19% 76 Shiller PE Ratio is 25.34 as of Sep. 16, 2026, which is 69% above its 10-year median of 15.02. GuruFocus rates GS with a GF Score™ of 76/100 and a GF Value™ of $828.73 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 475 Capital Markets companies, The Goldmanchs Group ranks worse than 59.58% on this metric.

As of today (2026-09-16), The Goldmanchs Group's current share price is $976.67. The Goldmanchs Group's E10 for the quarter that ended in Jun. 2026 was $38.54. The Goldmanchs Group's Shiller PE Ratio for today is 25.34.

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

GS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 8.74   Med: 15.02   Max: 30.01
Current: 25.34

During the past years, The Goldmanchs Group's highest Shiller PE Ratio was 30.01. The lowest was 8.74. And the median was 15.02.

GS's Shiller PE Ratio is ranked worse than
59.58% of 475 companies
in the Capital Markets industry
Industry Median: 20.95 vs GS: 25.34

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 Goldmanchs Group's adjusted earnings per share data for the three months ended in Jun. 2026 was $20.984. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $38.54 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Goldmanchs Group  (NYSE:GS) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


The Goldmanchs Group Shiller PE Ratio Related Terms


The Goldmanchs Group Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for The Goldmanchs Group's Shiller PE 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 Shiller PE Ratio Chart

The Goldmanchs Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.21 13.05 14.06 19.09 25.66

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
Shiller PE 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 21.91 23.87 25.47 23.15 26.24

GS vs MS, SCHW, HOOD: Shiller PE Ratio Comparison

For the Capital Markets subindustry, The Goldmanchs Group's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, The Goldmanchs Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where The Goldmanchs Group's Shiller PE Ratio falls into.


GS
76GF Score
The Goldman Sachs Group Inc GS
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

The Goldmanchs Group Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

The Goldmanchs Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=976.67/38.544
=25.34

* 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 E10 for the quarter that ended in Jun. 2026 is calculated as:

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

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=20.9839/333.9520*333.9520
=20.984

Current CPI (Jun. 2026) = 333.9520.

The Goldmanchs Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 4.881 241.428 6.752
201612 5.084 241.432 7.032
201703 5.146 243.801 7.049
201706 3.946 244.955 5.380
201709 5.016 246.819 6.787
201712 -5.498 246.524 -7.447
201803 6.950 249.554 9.301
201806 5.981 251.989 7.926
201809 6.282 252.439 8.310
201812 6.042 251.233 8.032
201903 5.706 254.202 7.496
201906 5.815 256.143 7.581
201909 4.790 256.759 6.230
201912 4.694 256.974 6.100
202003 3.110 258.115 4.024
202006 0.554 257.797 0.717
202009 8.983 260.280 11.526
202012 12.083 260.474 15.492
202103 18.595 264.877 23.444
202106 15.020 271.696 18.461
202109 14.931 274.310 18.177
202112 10.812 278.802 12.950
202203 10.764 287.504 12.503
202206 7.728 296.311 8.710
202209 8.246 296.808 9.278
202212 3.322 296.797 3.738
202303 8.787 301.836 9.722
202306 3.085 305.109 3.376
202309 5.473 307.789 5.938
202312 5.477 306.746 5.962
202403 11.579 312.332 12.380
202406 8.617 314.175 9.159
202409 8.404 315.301 8.901
202412 11.946 315.605 12.640
202503 14.123 319.799 14.748
202506 10.911 322.561 11.296
202509 12.254 324.800 12.599
202512 14.011 324.054 14.439
202603 17.545 330.213 17.744
202606 20.984 333.952 20.984

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Frequently Asked Questions Learn more about Shiller PE Ratio →
What does a Shiller PE Ratio of 25.34 mean?
The Goldmanchs Group (GS) has a Shiller PE Ratio of 25.34 as of Sep. 16, 2026. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on The Goldmanchs Group and its competitors. This is 69% above median its historical median of 15.02. Over the past decade, The Goldmanchs Group's Shiller PE Ratio has ranged from 8.74 to 30.01. According to the industry distribution chart, The Goldmanchs Group ranks #283 out of 475 companies in the Capital Markets industry, placing it in the top 59.6%.
Is The Goldmanchs Group's Shiller PE Ratio too high?
The Goldmanchs Group's current Shiller PE Ratio of 25.34 is 69% above median its 10-year median of 15.02. Over the past 10 years, this metric has ranged from a low of 8.74 to a high of 30.01. The Capital Markets industry median Shiller PE Ratio is 20.95. The Goldmanchs Group's value of 25.34 is 21% above this industry median. Based on the distribution chart, The Goldmanchs Group ranks #283 out of 475 companies in the Capital Markets industry, which is below the industry midpoint. Overall, The Goldmanchs Group has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does The Goldmanchs Group's Shiller PE Ratio compare to MS and SCHW?
According to the Capital Markets industry distribution chart, The Goldmanchs Group ranks #283 out of 475 companies for Shiller PE Ratio. This places The Goldmanchs Group in the lower half of its industry. The industry median Shiller PE Ratio is 20.95. The Goldmanchs Group's value of 25.34 is 21% above this benchmark. Historically, The Goldmanchs Group's own Shiller PE Ratio has ranged from 8.74 to 30.01 over the past decade. While the company's 10-year median is 15.02 vs. the industry median of 20.95, 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 Shiller PE Ratio for a Capital Markets company?
The median Shiller PE Ratio among Capital Markets companies is 20.95, based on 475 companies in the industry. Companies in the top quartile (top 25%) have a Shiller PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Shiller PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. The Goldmanchs Group's current Shiller PE Ratio of 25.34 is 21% 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 Shiller PE Ratio mean?
A high Shiller PE Ratio can signal that a stock is expensive relative to its fundamentals. Shiller price-earnings ratio is the ratio of share price to a company's inflation-adjusted earnings over a 10-year period. View historical data on The Goldmanchs Group and its competitors. For the Capital Markets industry, the median Shiller PE Ratio is 20.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Goldmanchs Group's current Shiller PE Ratio is 25.34, which is 69% above median its own 10-year median of 15.02. 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 (GS) is currently considered Modestly Overvalued. The stock's GF Value™ is $828.73, compared to a current price of $976.67 — trading 17.9% above its estimated fair value. The current Shiller PE Ratio is 25.34, which is 69% above median its 10-year median of 15.02 and 21% above the Capital Markets industry median of 20.95. The Goldmanchs Group's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shiller PE Ratio calculated?
Shiller PE Ratio is calculated from a company's financial statements. For The Goldmanchs Group (GS), the current Shiller PE Ratio is 25.34 as of Sep. 16, 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 (GS) Overvalued in 2026?

Based on GuruFocus' analysis, The Goldmanchs Group stock appears to be overvalued. The current stock price of $976.67 is trading 17.9% above its estimated GF Value™ of $828.73. GuruFocus considers The Goldmanchs Group to be Modestly Overvalued.

Key valuation signals for GS:

  • Shiller PE Ratio: 25.34 (69% above median its 10-year median of 15.02)
  • GF Value™: $828.73 vs. price of $976.67 (17.9% above fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 21% above the Capital Markets median (#283 of 475)

No single metric tells the full story. See the 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.
76GF Score

Get the complete analysis for GS

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

$976.67
Price
$828.73
GF Value