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The Goldmanchs Group (NEOE:GS) Cyclically Adjusted PS Ratio : 3.70 (As of May. 28, 2024)


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What is The Goldmanchs Group Cyclically Adjusted PS Ratio?

As of today (2024-05-28), The Goldmanchs Group's current share price is C$22.88. The Goldmanchs Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was C$6.18. The Goldmanchs Group's Cyclically Adjusted PS Ratio for today is 3.70.

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

NEOE:GS' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.84   Med: 2.9   Max: 4.67
Current: 3.77

During the past years, The Goldmanchs Group's highest Cyclically Adjusted PS Ratio was 4.67. The lowest was 1.84. And the median was 2.90.

NEOE:GS's Cyclically Adjusted PS Ratio is ranked worse than
55.48% of 566 companies
in the Capital Markets industry
Industry Median: 3.23 vs NEOE:GS: 3.77

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

The Goldmanchs Group's adjusted revenue per share data for the three months ended in Mar. 2024 was C$56.668. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is C$6.18 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Goldmanchs Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for The Goldmanchs Group's Cyclically Adjusted PS 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.

* Premium members only.

The Goldmanchs Group Cyclically Adjusted PS Ratio Chart

The Goldmanchs Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.05 3.26 3.90 3.13 3.26

The Goldmanchs Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 2.91 2.81 2.75 3.26 3.41

Competitive Comparison of The Goldmanchs Group's Cyclically Adjusted PS Ratio

For the Capital Markets subindustry, The Goldmanchs Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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's Cyclically Adjusted PS Ratio Distribution in the Capital Markets Industry

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

* The bar in red indicates where The Goldmanchs Group's Cyclically Adjusted PS Ratio falls into.



The Goldmanchs Group Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

The Goldmanchs Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=22.88/6.18
=3.70

* 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 Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, The Goldmanchs Group's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=56.668/131.7762*131.7762
=56.668

Current CPI (Mar. 2024) = 131.7762.

The Goldmanchs Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 19.371 100.560 25.384
201409 18.218 100.428 23.905
201412 17.471 99.070 23.239
201503 27.109 99.621 35.859
201506 22.560 100.684 29.527
201509 17.923 100.392 23.526
201512 20.076 99.792 26.510
201603 16.694 100.470 21.896
201606 21.452 101.688 27.799
201609 23.020 101.861 29.781
201612 23.463 101.863 30.353
201703 23.371 102.862 29.940
201706 22.987 103.349 29.310
201709 23.048 104.136 29.166
201712 24.911 104.011 31.561
201803 30.332 105.290 37.962
201806 29.499 106.317 36.563
201809 27.056 106.507 33.475
201812 36.574 105.998 45.469
201903 28.130 107.251 34.563
201906 30.368 108.070 37.030
201909 26.425 108.329 32.144
201912 44.349 108.420 53.903
202003 33.796 108.902 40.895
202006 46.790 108.767 56.688
202009 39.631 109.815 47.557
202012 41.636 109.897 49.925
202103 61.657 111.754 72.703
202106 52.821 114.631 60.721
202109 48.722 115.734 55.475
202112 45.895 117.630 51.415
202203 46.005 121.301 49.978
202206 42.138 125.017 44.416
202209 44.470 125.227 46.796
202212 40.355 125.222 42.467
202303 47.612 127.348 49.268
202306 41.691 128.729 42.678
202309 46.495 129.860 47.181
202312 44.529 129.419 45.340
202403 56.668 131.776 56.668

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

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.


The Goldmanchs Group  (NEOE:GS) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


The Goldmanchs Group Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of The Goldmanchs Group's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


The Goldmanchs Group (NEOE:GS) Business Description

Address
200 West Street, New York, NY, USA, 10282
Goldman Sachs is a leading global investment banking and asset management firm. Approximately 20% of its revenue comes from investment banking, 45% from trading, 20% from asset management and 15% from wealth management and retail financial services. Around 60% of the company's net revenue is generated in the Americas, 15% in Asia, and 25% in Europe, the Middle East, and Africa.