GOLDMAN SACHS Price To Book vs. Book Value Per Share

GS Stock   29.88  0.12  0.40%   
Based on GOLDMAN SACHS's profitability indicators, GOLDMAN SACHS CDR may not be well positioned to generate adequate gross income at the present time. It has a very high chance of underperforming in January. Profitability indicators assess GOLDMAN SACHS's ability to earn profits and add value for shareholders.
For GOLDMAN SACHS profitability analysis, we use financial ratios and fundamental drivers that measure the ability of GOLDMAN SACHS to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well GOLDMAN SACHS CDR utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between GOLDMAN SACHS's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of GOLDMAN SACHS CDR over time as well as its relative position and ranking within its peers.
  
Check out Risk vs Return Analysis.
Please note, there is a significant difference between GOLDMAN SACHS's value and its price as these two are different measures arrived at by different means. Investors typically determine if GOLDMAN SACHS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, GOLDMAN SACHS's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

GOLDMAN SACHS CDR Book Value Per Share vs. Price To Book Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining GOLDMAN SACHS's current stock value. Our valuation model uses many indicators to compare GOLDMAN SACHS value to that of its competitors to determine the firm's financial worth.
GOLDMAN SACHS CDR is one of the top stocks in price to book category among its peers. It also is one of the top stocks in book value per share category among its peers creating about  192.66  of Book Value Per Share per Price To Book. Comparative valuation analysis is a catch-all model that can be used if you cannot value GOLDMAN SACHS by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for GOLDMAN SACHS's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

GOLDMAN Book Value Per Share vs. Price To Book

Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

GOLDMAN SACHS

P/B

 = 

MV Per Share

BV Per Share

 = 
1.70 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.
Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

GOLDMAN SACHS

Book Value per Share

 = 

Common Equity

Average Shares

 = 
327.61 X
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

GOLDMAN Book Value Per Share Comparison

GOLDMAN SACHS is currently under evaluation in book value per share category among its peers.

GOLDMAN SACHS Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in GOLDMAN SACHS, profitability is also one of the essential criteria for including it into their portfolios because, without profit, GOLDMAN SACHS will eventually generate negative long term returns. The profitability progress is the general direction of GOLDMAN SACHS's change in net profit over the period of time. It can combine multiple indicators of GOLDMAN SACHS, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Net Interest Income6.4 B6.5 B
Interest Income68.5 B71.9 B
Net Income From Continuing Ops8.5 B13.1 B
Income Before Tax10.7 B16.4 B
Net Income Applicable To Common Shares12.3 B13.4 B
Net Income8.5 B13.1 B
Income Tax Expense2.6 B3.5 B
Change To NetincomeB4.2 B

GOLDMAN Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on GOLDMAN SACHS. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of GOLDMAN SACHS position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the GOLDMAN SACHS's important profitability drivers and their relationship over time.

Use GOLDMAN SACHS in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if GOLDMAN SACHS position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in GOLDMAN SACHS will appreciate offsetting losses from the drop in the long position's value.

GOLDMAN SACHS Pair Trading

GOLDMAN SACHS CDR Pair Trading Analysis

The ability to find closely correlated positions to GOLDMAN SACHS could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace GOLDMAN SACHS when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back GOLDMAN SACHS - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling GOLDMAN SACHS CDR to buy it.
The correlation of GOLDMAN SACHS is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as GOLDMAN SACHS moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if GOLDMAN SACHS CDR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for GOLDMAN SACHS can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your GOLDMAN SACHS position

In addition to having GOLDMAN SACHS in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Run Real Estate Thematic Idea Now

Real Estate
Real Estate Theme
Publicly traded companies that are involved in real estate development, property maintenance and management of real estate investment trusts (REIT) funds. The Real Estate theme has 47 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Real Estate Theme or any other thematic opportunities.
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Other Information on Investing in GOLDMAN Stock

To fully project GOLDMAN SACHS's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of GOLDMAN SACHS CDR at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include GOLDMAN SACHS's income statement, its balance sheet, and the statement of cash flows.
Potential GOLDMAN SACHS investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although GOLDMAN SACHS investors may work on each financial statement separately, they are all related. The changes in GOLDMAN SACHS's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on GOLDMAN SACHS's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.