GS Price / Book | The Goldman Sachs Group, Inc.

GOLDMAN SACHS GROUP INC Price/Book Ratio

The price-to-book (P/B) ratio compares what the stock market says a company is worth with what the company's own books say it is worth. It is market capitalization divided by shareholder equity, the book value left after subtracting liabilities from assets, and the table shows both amounts. A ratio of 1.0 means market value equals book value; a higher ratio means investors value the company above its net assets, often for brands, software or expected growth the books do not record. A negative ratio means equity is negative. Each point uses the filed share count and the last closing price on or before the equity's reporting date, never today's price.

GOLDMAN SACHS GROUP INC price/book ratio for the quarter ending 2026-06-30 was 2.4, a 39.05% increase year-over-year.
GOLDMAN SACHS GROUP INC price/book ratio for the quarter ending 2026-03-31 was 2.03, a 50.11% increase year-over-year.
GOLDMAN SACHS GROUP INC price/book ratio for the quarter ending 2025-12-31 was 2.09, a 43.00% increase year-over-year.
GOLDMAN SACHS GROUP INC price/book ratio for the quarter ending 2025-09-30 was 1.92, a 49.70% increase year-over-year.
GOLDMAN SACHS GROUP INC price/book ratio for fiscal 2026 was 2.4.
GOLDMAN SACHS GROUP INC price/book ratio for fiscal 2025 was 2.09, a 43.00% increase from fiscal 2024.
GOLDMAN SACHS GROUP INC price/book ratio for fiscal 2024 was 1.46, a 36.65% increase from fiscal 2023.
GOLDMAN SACHS GROUP INC price/book ratio for fiscal 2023 was 1.07, a 8.74% increase from fiscal 2022.

Available history: 2008-11-28 to 2026-06-30
Data captured: 2026-06-30

Historical Price/Book Ratio

Date	Price/Book Ratio	Market capitalization	Shareholder equity
2026-06-30	2.4	$294.79B	$122.74B
2026-03-31	2.03	$249.18B	$122.78B
2025-12-31	2.09	$260.59B	$124.97B
2025-09-30	1.92	$239.02B	$124.4B
2025-06-30	1.73	$214.34B	$124.1B
2025-03-31	1.35	$168.05B	$124.3B
2024-12-31	1.46	$177.89B	$122B
2024-09-30	1.28	$155.56B	$121.2B
2024-06-30	1.2	$143.01B	$119.46B
2024-03-31	1.14	$135.34B	$118.55B
2023-12-31	1.07	$124.75B	$116.91B
2023-09-30	0.9	$105.68B	$117.28B
2023-06-30	0.92	$106.7B	$116.49B
2023-03-31	0.93	$108.89B	$117.51B
2022-12-31	0.98	$115B	$117.19B
2022-09-30	0.83	$99.37B	$119.29B
2022-06-30	0.86	$101.57B	$117.87B
2022-03-31	0.98	$113.36B	$115.24B
2021-12-31	1.16	$127.61B	$109.93B
2021-09-30	1.19	$126.56B	$106.3B
2021-06-30	1.26	$128.01B	$101.89B
2021-03-31	1.14	$111.19B	$97.66B
2020-12-31	0.95	$90.74B	$95.93B
2020-09-30	0.75	$69.15B	$92.65B
2020-06-30	0.75	$67.97B	$90.03B
2020-03-31	0.58	$53.16B	$92.38B
2019-12-31	0.88	$79.86B	$90.27B
2019-09-30	0.81	$74.09B	$92.01B
2019-06-30	0.81	$73.77B	$90.89B
2019-03-31	0.78	$70.42B	$90.27B
2018-12-31	0.68	$61.43B	$90.19B
2018-09-30	0.96	$83.58B	$86.76B
2018-06-30	0.96	$83.35B	$86.6B
2018-03-31	1.14	$95.13B	$83.58B
2017-12-31	1.16	$95.49B	$82.24B
2017-09-30	1.04	$89.92B	$86.29B
2017-06-30	0.99	$86.14B	$86.68B
2017-03-31	1.04	$90.69B	$86.92B
2016-12-31	1.08	$94.02B	$86.89B
2016-09-30	0.74	$64.38B	$87.11B
2016-06-30	0.7	$60.41B	$86.51B
2016-03-31	0.75	$65.55B	$86.84B
2015-12-31	0.87	$75.6B	$86.73B
2015-09-30	0.85	$74.35B	$87.7B
2015-06-30	1.03	$90.36B	$87.65B
2015-03-31	0.95	$81.22B	$85.13B
2014-12-31	1.01	$83.4B	$82.8B
2014-09-30	0.97	$79.99B	$82.28B
2014-06-30	0.9	$73.8B	$81.63B
2014-03-31	0.93	$73.41B	$79.1B
2013-12-31	1.01	$79.12B	$78.47B
2013-09-30	0.9	$69.85B	$77.62B
2013-06-30	0.87	$68.14B	$78.04B
2013-03-31	0.88	$67.8B	$77.23B
2012-12-31	0.78	$59.33B	$75.72B
2012-09-30	0.73	$53.59B	$73.69B
2012-06-30	0.63	$46.11B	$72.86B
2012-03-31	0.86	$61.59B	$71.66B
2011-12-31	0.62	$43.9B	$70.38B
2011-09-30	0.66	$46.58B	$70.09B
2011-06-30	0.93	$67.59B	$72.36B
2011-03-31	1.13	$82.14B	$72.47B
2010-12-31	1.1	$85.35B	$77.36B
2010-09-30	0.98	$73.96B	$75.66B
2010-06-30	0.92	$67.67B	$73.82B
2010-03-31	1.2	$87.74B	$72.94B
2009-12-31	1.23	$86.97B	$70.71B
2009-09-25	1.41	$92.09B	$65.35B
2009-06-26	1.19	$74.95B	$62.81B
2008-12-26	0.52	$33.62B	$64.37B
2008-11-30	0.54	$34.96B	$64.37B
2008-11-28	0.54	$34.96B	$64.37B

Annual Price/Book Ratio

Date	Price/Book Ratio	Market capitalization	Shareholder equity
2026-06-30	2.4	$294.79B	$122.74B
2025-12-31	2.09	$260.59B	$124.97B
2024-12-31	1.46	$177.89B	$122B
2023-12-31	1.07	$124.75B	$116.91B
2022-12-31	0.98	$115B	$117.19B
2021-12-31	1.16	$127.61B	$109.93B
2020-12-31	0.95	$90.74B	$95.93B
2019-12-31	0.88	$79.86B	$90.27B
2018-12-31	0.68	$61.43B	$90.19B
2017-12-31	1.16	$95.49B	$82.24B
2016-12-31	1.08	$94.02B	$86.89B
2015-12-31	0.87	$75.6B	$86.73B
2014-12-31	1.01	$83.4B	$82.8B
2013-12-31	1.01	$79.12B	$78.47B
2012-12-31	0.78	$59.33B	$75.72B
2011-12-31	0.62	$43.9B	$70.38B
2010-12-31	1.1	$85.35B	$77.36B
2009-12-31	1.23	$86.97B	$70.71B
2008-12-26	0.52	$33.62B	$64.37B