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The Goldman Sachs Group, Inc. (GS) — Structural Peer Analysis

The Goldman Sachs Group, Inc. ranks near the peer group median, with valuation as the main structural support while stability remains the clearest constraint. Price behavior is partially reflecting the structural picture, with a moderate gap remaining.

Updated 2026-05-17 · SP500
ENTRY TODAY
Elevated price zoneabove norm
TODAY (5y history)99th pct today
0th50th100th
Today the stock sits in a historically elevated range and its multiple is above its own norm.
Describes where today's entry sits in the stock's own long-term price and valuation history. Descriptive only. Not investment advice.
Dimension Profile

Peer-relative scores, weakest to strongest

Weakest Stability 45
Around median
Weak Profitability 49
Around median
Moderate Growth 53
Above median
Strongest Valuation 72
Top 25% of peers
Peer-Relative Score
56
Peer-Score
Above-average peer position
Signal qualitylow
Structural Read

Quality Earned, Discount Endures

Goldman Sachs is a global investment banking, securities, and investment management firm. The company generates significant revenues from trading and advisory services.

Goldman Sachs delivers quality, but the market applies a notable discount to its shares. The bank shows robust profitability with an operating margin of 38.4%, well above the sector average, yet trades at a forward P/E of just 14.4x—over 40% below the peer median of 25.1x. This pricing reflects investor caution: Goldman Sachs relies on cyclical trading and investment banking revenues, which the market traditionally values more cautiously than stable interest income models, making its earnings appear less predictable. Ultimately, despite its operational strength, Goldman Sachs remains a strong bank, but the market won’t pay for the risk.

AssetNext · 2026-04-23 · Rule-based and descriptive. Not investment advice.

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This analysis is rule-based and descriptive. Peer-relative scores are derived from functional peer group comparisons using publicly available financial data. Scores reflect structural positioning only and do not constitute investment advice, a buy or sell recommendation, or a forecast of future performance. AssetNext peer scores are recalculated periodically as new data becomes available.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.