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The Goldmanchs Group (The Goldmanchs Group) Cyclically Adjusted Revenue per Share : $118.39 (As of Dec. 2023)


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What is The Goldmanchs Group Cyclically Adjusted Revenue per Share?

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 similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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 for the three months ended in Dec. 2023 was $33.191. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $118.39 for the trailing ten years ended in Dec. 2023.

During the past 12 months, The Goldmanchs Group's average Cyclically Adjusted Revenue Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 13.50% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 11.20% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 5.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of The Goldmanchs Group was 13.50% per year. The lowest was -0.90% per year. And the median was 5.40% per year.

As of today (2024-04-28), The Goldmanchs Group's current stock price is $427.57. The Goldmanchs Group's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $118.39. The Goldmanchs Group's Cyclically Adjusted PS Ratio of today is 3.61.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of The Goldmanchs Group was 4.67. The lowest was 1.84. And the median was 2.89.


The Goldmanchs Group Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for The Goldmanchs Group's Cyclically Adjusted Revenue per Share 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 Revenue per Share Chart

The Goldmanchs Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 75.31 81.00 97.97 109.66 118.39

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 Revenue per Share 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 112.57 114.86 117.67 118.39 -

Competitive Comparison of The Goldmanchs Group's Cyclically Adjusted Revenue per Share

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 Revenue per Share Calculation

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 similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and 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.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, The Goldmanchs Group's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=33.191/129.4194*129.4194
=33.191

Current CPI (Dec. 2023) = 129.4194.

The Goldmanchs Group Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 18.021 99.695 23.394
201406 17.886 100.560 23.019
201409 16.545 100.428 21.321
201412 15.150 99.070 19.791
201503 21.484 99.621 27.910
201506 18.245 100.684 23.452
201509 13.511 100.392 17.418
201512 14.640 99.792 18.986
201603 12.622 100.470 16.259
201606 16.637 101.688 21.174
201609 17.562 101.861 22.313
201612 17.590 101.863 22.349
201703 17.458 102.862 21.965
201706 17.290 103.349 21.651
201709 18.770 104.136 23.327
201712 19.509 104.011 24.275
201803 23.454 105.290 28.829
201806 22.476 106.317 27.360
201809 20.758 106.507 25.224
201812 27.221 105.998 33.236
201903 21.038 107.251 25.387
201906 22.852 108.070 27.367
201909 19.957 108.329 23.842
201912 33.677 108.420 40.200
202003 24.209 108.902 28.770
202006 34.526 108.767 41.082
202009 29.956 109.815 35.304
202012 32.506 109.897 38.281
202103 49.055 111.754 56.809
202106 43.225 114.631 48.801
202109 38.452 115.734 42.999
202112 35.855 117.630 39.449
202203 36.339 121.301 38.771
202206 32.910 125.017 34.069
202209 33.338 125.227 34.454
202212 29.706 125.222 30.702
202303 34.796 127.348 35.362
202306 31.380 128.729 31.548
202309 34.362 129.860 34.246
202312 33.191 129.419 33.191

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


The Goldmanchs Group  (NYSE:GS) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

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 Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=427.57/118.39
=3.61

* 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.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of The Goldmanchs Group was 4.67. The lowest was 1.84. And the median was 2.89.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


The Goldmanchs Group Cyclically Adjusted Revenue per Share Related Terms

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


The Goldmanchs Group (The Goldmanchs Group) 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.
Executives
Brian J Lee officer: Principal Accounting Officer C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Ericka T Leslie officer: Chief Administrative Officer 200 WEST STREET, NEW YORK NY 10282
David M Solomon officer: President and Co-COO C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Thomas K. Montag director C/O MERRILL LYNCH & CO., INC., 4 WORLD FINANCIAL CENTER, NEW YORK NY 10038
Philip R. Berlinski officer: Global Treasurer 200 WEST STREET, NEW YORK NY 10282
Kathryn H. Ruemmler officer: EVP, Chief Legal Officer, GC 200 WEST STREET, NEW YORK NY 10282
John E. Waldron officer: President and COO C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Kevin R Johnson director 2401 UTAH AVE. S, SUITE 800, SEATTLE WA 98134
Laurence Stein officer: Chief Administrative Officer C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
Mark A. Flaherty director C/O GOLDMAN, SACHS & CO., 200 WEST STREET, NEW YORK NY 10282
Denis P. Coleman officer: Chief Financial Officer 200 WEST STREET, NEW YORK NY 10282
Stephen M Scherr officer: Executive Vice President - CFO C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282
David A Viniar officer: Executive VP - CFO C/O GOLDMAN SACHS GROUP INC, 200 WEST STREET, NEW YORK NY 10282
Jessica R. Uhl director 200 WEST STREET, NEW YORK NY 10282
Kimberley D. Harris director 200 WEST STREET, NEW YORK NY 10282