Goldman Sachs
GS
#109
Rank
$103.03 B
Marketcap
$301.84
Share price
-0.93%
Change (1 day)
-22.22%
Change (1 year)

P/E ratio for Goldman Sachs (GS)

P/E ratio as of October 2022 (TTM): 6.80

According to Goldman Sachs's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 6.80371. At the end of 2021 the company had a P/E ratio of 6.36.

P/E ratio history for Goldman Sachs from 2001 to 2022

PE ratio at the end of each year

Year P/E ratio Change
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%
200816.5

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.