- The current forward average PE ratio of the 3,565 stock that I track is currently 19.8. The current forward PE of GS is 10.25. The current average forward PE for the group is about 13.
Monetary policy headwinds, legal issues and scandals have put the banking sector on edge this year.
Return on tangible equity is a key profitability measure for U.S. banks, and Citigroup is nowhere close to meeting the 10% threshold that CLSA analyst Mike Mayo says investors demand.