Goldman Sachs
GS
#77
Rank
โ‚ฌ169.46 B
Marketcap
539,85ย โ‚ฌ
Share price
-2.32%
Change (1 day)
78.25%
Change (1 year)

P/E ratio for Goldman Sachs (GS)

P/E ratio as of November 2024 (TTM): 27.9

According to Goldman Sachs's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 27.9486. At the end of 2022 the company had a P/E ratio of 11.3.

P/E ratio history for Goldman Sachs from 2001 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202211.377.63%
20216.36-24.21%
20208.40-22.74%
201910.966%
20186.55-77.36%
201728.9100.59%
201614.4-1.7%
201514.732.78%
201411.01.68%
201310.925.17%
20128.68-55%
201119.362.02%
201011.965.64%
20097.18-56.5%
200816.5102.12%
20078.17-14.3%
20069.53-12.36%
200510.9-2.76%
200411.2-30.31%
200316.10.42%
200216.0-22.1%
200120.5

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
22.8-18.52%๐Ÿ‡บ๐Ÿ‡ธ USA
14.1-49.60%๐Ÿ‡บ๐Ÿ‡ธ USA
6.58-76.46%๐Ÿ‡ฉ๐Ÿ‡ช Germany
12.5-55.38%๐Ÿ‡บ๐Ÿ‡ธ USA
9.91-64.55%๐Ÿ‡บ๐Ÿ‡ธ USA
3.07-89.01%๐Ÿ‡จ๐Ÿ‡ญ Switzerland
7.72-72.37%๐Ÿ‡ฌ๐Ÿ‡ง UK
-0.3304-101.18%๐Ÿ‡จ๐Ÿ‡ญ Switzerland

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.