As of Jul 25, 2024, the Goldman Sachs Group stock's PE ratio is 19.05. This takes into account the latest EPS of $25.81 and stock price of $491.71. The PE ratio has increased by 23% from its last 4 quarters average of 15.5.
The PE ratio of Goldman Sachs Group has averaged 12.0 over the last ten years. The current price-to-earnings ratio of 19.05 is 59% 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.
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's current PE ratio is higher than the 3, 5 and 10-year averages.
When compared to its peer stocks JPM and BAC, GS's PE ratio is higher. Goldman Sachs Group's PE ratio is trading above the peer average of 16.04.
| Stock name | PE ratio | Market cap |
|---|---|---|
| JPM Jpmorgan Chase & Co | 12.79 | $609.48B |
| BAC Bank Of America Corp | 14.27 | $325.87B |
| MS Morgan Stanley | 18.77 | $169.33B |
| C Citigroup Inc | 18.89 | $124.33B |
| GS Goldman Sachs Group Inc | 19.33 | $160.92B |
The price to earnings ratio for GS stock is 19.05 as of Jul 25, 2024.
As an average over the last 3 years, GS stock has a PE ratio of 10.73.
As an average over the last 5 years, GS stock has a PE ratio of 10.44.
The highest quarterly PE ratio in the last ten years has been 27.93 and it was in the Dec 2017 quarter.
GS's price to earnings ratio is currently 59% above its 10-year historical average.
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 (Jul 25, 2024), Goldman Sachs Group's share price is $491.71. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $25.81. Therefore, Goldman Sachs Group's price to earnings ratio for today is 19.05. PE RATIO(19.05) = STOCK PRICE($491.71) / TTM EPS($25.81)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.