GS Goldman Sachs Group PE ratio, current and historical analysis
As of Nov 21, 2024, the Goldman Sachs Group stock's PE ratio is 17.3. This takes into account the latest EPS of $34.45 and stock price of $596.11. The PE ratio has increased by 12% from its last 4 quarters average of 15.4.
GS PE ratio history
The PE ratio of Goldman Sachs Group has averaged 12.16 over the last ten years. The current price-to-earnings ratio of 17.3 is 42% more than the historical average. Analyzing the last ten years, GS's PE ratio reached its highest point in the Dec 2017 quarter at 27.93, when the price was $254.76 and the EPS was $9.12. The lowest point was recorded in the Sep 2021 quarter, when it reached 6.16 with a price of $378.03 and an EPS of $61.39.
Goldman Sachs Group PE ratio by year
Maximum annual increase: 92.75% in 2017
Maximum annual decrease: -76.58% in 2018
| Year | PE ratio | Change |
|---|---|---|
| 2023 | 16.74 | 48.27% |
| 2022 | 11.29 | 77.8% |
| 2021 | 6.35 | -39.92% |
| 2020 | 10.57 | -2.67% |
| 2019 | 10.86 | 66.06% |
| 2018 | 6.54 | -76.58% |
| 2017 | 27.93 | 92.75% |
| 2016 | 14.49 | -0.69% |
| 2015 | 14.59 | 32.16% |
| 2014 | 11.04 | 1.75% |
GS average PE ratio chart
GS's current PE ratio is higher than the 3, 5 and 10-year averages.
GS PE vs peers
When compared to its peers MS and C, GS's PE ratio is lower, but it is higher than JPM's and BAC's. Goldman Sachs Group's current PE ratio of 17.3 is in line with the average of its peers, which is 17.51.
| Stock name | PE ratio | Market cap |
|---|---|---|
| JPM Jpmorgan Chase & Co | 13.59 | $689.08B |
| BAC Bank Of America Corp | 16.71 | $356.48B |
| GS Goldman Sachs Group Inc | 17.3 | $187.12B |
| C Citigroup Inc | 19.48 | $130.4B |
| MS Morgan Stanley | 20.24 | $217.47B |
Frequently asked questions
What is Goldman Sachs Group's PE ratio?
The price to earnings ratio for GS stock is 17.3 as of Nov 21, 2024.
What is the 3-year average PE ratio for Goldman Sachs Group (GS)?
As an average over the last 3 years, GS stock has a PE ratio of 11.71.
What is the 5-year average PE ratio for Goldman Sachs Group (GS)?
As an average over the last 5 years, GS stock has a PE ratio of 10.89.
What is the highest PE ratio for GS?
The highest quarterly PE ratio in the last ten years has been 27.93 and it was in the Dec 2017 quarter.
How does the current PE ratio for GS compare to its historical average?
GS's price to earnings ratio is currently 42% above its 10-year historical average.
How is GS's PE ratio calculated (Goldman Sachs Group PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Nov 21, 2024), Goldman Sachs Group's share price is $596.11. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $34.45. Therefore, Goldman Sachs Group's price to earnings ratio for today is 17.3. PE RATIO(17.3) = STOCK PRICE($596.11) / TTM EPS($34.45)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.