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GS Goldman Sachs Group PE ratio, current and historical analysis

As of Jun 14, 2024, the Goldman Sachs Group stock's PE ratio is 17.3. This takes into account the latest EPS of $25.81 and stock price of $446.46. The PE ratio has increased by 12% from its last 4 quarters average of 15.5.

GS PE ratio history

How has GS's PE ratio performed in the past

The PE ratio of Goldman Sachs Group has averaged 11.96 over the last ten years. The current price-to-earnings ratio of 17.3 is 45% 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.

Average
11.96
Median
11.39
Minimum
6.16
Maximum
27.93

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

What is the average PE ratio of GS for the past years

GS's current PE ratio is higher than the 3, 5 and 10-year averages.

3-year avg
10.4
5-year avg
10.34
10-year avg
11.96
15-year avg
12.11

GS PE vs peers

What is GS's PE ratio compared to its peers

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 14.88.

Stock name PE ratio Market cap
JPM Jpmorgan Chase & Co 11.68 $556.47B
BAC Bank Of America Corp 13.44 $306.87B
C Citigroup Inc 17.2 $113.17B
MS Morgan Stanley 17.21 $155.2B
GS Goldman Sachs Group Inc 17.3 $143.97B

Frequently asked questions

What is Goldman Sachs Group's PE ratio?

The price to earnings ratio for GS stock is 17.3 as of Jun 14, 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 10.4.

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 10.34.

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 45% 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 (Jun 14, 2024), Goldman Sachs Group's share price is $446.46. 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 17.3. PE RATIO(17.3) = STOCK PRICE($446.46) / TTM EPS($25.81)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.