Goldman Sachs forward PE GS
Share price divided by analysts' consensus earnings for the next twelve months, since 1999.
- Today, Oct 23, 2026
- 12.1×
- 10-year median
- 12.5×
- Against its 10-year history
- 41st
- percentile: 0 is its lowest day, 100 its highest
- 10-year range
- 5.0× to 18.3×
- Peer median
- 20.9×
Goldman Sachs' forward PE is 12.1× as of Oct 23, 2026.
That is below its ten-year median of 12.5×, close to the middle of its last ten years.
Over that time it ranged from 5.0× in Oct 2020 to 18.3× in Feb 2023.
The median for 4 capital markets stocks of a similar size is 20.9×.
Forward PE over time
The dashed line is the 10-year median and the shaded band the middle half of its days.
Year by year
| Year | End of year | Low | High |
|---|---|---|---|
| 2026 so far | 12.1× | 12.1× | 17.6× |
| 2025 | 16.3× | 10.4× | 16.3× |
| 2024 | 14.0× | 11.3× | 14.8× |
| 2023 | 14.0× | 10.5× | 18.3× |
| 2022 | 15.4× | 10.0× | 17.5× |
| 2021 | 10.9× | 6.4× | 11.8× |
| 2020 | 6.9× | 5.0× | 13.5× |
| 2019 | 12.9× | 9.2× | 12.9× |
| 2018 | 8.6× | 8.4× | 14.1× |
| 2017 | 13.5× | 11.7× | 15.2× |
| 2016 | 14.1× | 8.4× | 14.2× |
| 2015 | 12.6× | 9.8× | 15.9× |
| 2014 | 11.7× | 10.0× | 13.7× |
| 2013 | 13.6× | 11.2× | 14.4× |
| 2012 | 10.4× | 7.7× | 12.9× |
| 2011 | 11.7× | 11.5× | 39.3× |
| 2010 | 24.8× | 12.1× | 25.3× |
| 2009 | 12.4× | 5.1× | 13.5× |
| 2008 | 11.5× | 8.1× | 73.9× |
| 2007 | 17.6× | 11.5× | 19.6× |
Against its peers
Companies in Financial - Capital Markets nearest Goldman Sachs' size, closest first, today.
| Company | Forward PE |
|---|---|
| GSGoldman Sachs | 12.1× |
| MSMorgan Stanley | 13.4× |
| SCHWCharles Schwab | 12.1× |
| HOODRobinhood Markets | 37.3× |
| TWTradeweb Markets | 28.3× |
| Peer median | 20.9× |
Where Goldman Sachs ranks
What the forward PE tells you
Price divided by what analysts expect the company to earn over the next twelve months. It answers "what am I paying for next year" instead of last year.
Estimates are opinions. When forward PE is far below trailing PE, analysts expect a big jump in earnings. If that jump slips, the stock was not as cheap as it looked.
More on Goldman Sachs
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.