Goldman Sachs Group Inc. (GS) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
Goldman Sachs is a storied financial institution, founded in 1869 and best known for its role as a leading global investment bank. The firm has a sprawling reach across global financial centers and...
Goldman Sachs Group Inc. (GS) currently trades at a P/E ratio of 12.23 (historical range: 4.48–18.86, median: 14.31), placing it at the 37th percentile — below its historical average, P/S ratio of 3.88 (range: 1.70–5.64, 70th percentile — above its historical average), EV/EBITDA of 36.75 (range: 36.72–44.11, 1th percentile).
Over the historical period (2021-09-14 to 2026-10-16), Goldman Sachs Group Inc.'s P/E ratio has expanded by 63% over the observed period (from an average of 9.7 to 15.8).
Goldman Sachs Group Inc. trades below its historical valuation range, with most metrics below their median levels.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 12.23 | 14.31 | 37th | below its historical average |
| P/S Ratio | 3.88 | 2.95 | 70th | above its historical average |
| EV/EBITDA | 36.75 | 38.98 | 1th | cheap relative to its history |
| FCF Yield | 6.15% | 25.52% | 37th | above its historical average |
Goldman Sachs Group Inc. (GS) Valuation & P/E History
Goldman Sachs Group Inc. (GS) is a US-listed stock operating in the Financial Services sector, specifically the Security Brokers, Dealers & Flotation Companies industry currently trading at $879.95 with a market capitalization of $256.2 billion. This page provides historical valuation analysis for GS based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 12.23 is below the historical median of 14.31, placing GS at the 37th percentile of its valuation range. The P/S ratio of 3.88 compares to a median of 2.95.
GS Valuation Metrics & Historical Range
The valuation table above shows Goldman Sachs Group Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether GS is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests GS is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Goldman Sachs Group Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is GS Overvalued or Undervalued?
Goldman Sachs Group Inc. trades below its historical valuation range, with most metrics below their median levels. The overall valuation percentile of 36 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive GS is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full GS analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.GS trades on NYSE. This page is for informational purposes only and is not financial advice.