PGC vs. GS

Last updated Jun 4, 2026

PGC (Peapack-Gladstone Financial Corporation) and GS (The Goldman Sachs Group, Inc.) are both stocks. Both are in the Financial Services sector — PGC in Banks - Regional, GS in Capital Markets. Over the past 10 years, PGC returned 8.99%/yr vs 23.44%/yr for GS. At a 0.35 correlation, their price movements are largely independent.

Performance

PGC vs. GS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Peapack-Gladstone Financial Corporation (PGC) and The Goldman Sachs Group, Inc. (GS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, PGC achieves a 51.71% return, which is significantly higher than GS's 19.58% return. Over the past 10 years, PGC has underperformed GS with an annualized return of 8.99%, while GS has yielded a comparatively higher 23.44% annualized return.

PGC

• 1D: -3.15%
• 1M: 1.42%
• YTD: 51.71%
• 6M: 50.09%
• 1Y: 52.25%
• 3Y*: 15.15%
• 5Y*: 5.47%
• 10Y*: 8.99%

GS

• 1D: -2.21%
• 1M: 15.76%
• YTD: 19.58%
• 6M: 25.65%
• 1Y: 75.87%
• 3Y*: 51.11%
• 5Y*: 24.59%
• 10Y*: 23.44%

*Multi-year figures are annualized to reflect compound growth (CAGR)

PGC vs. GS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
PGC Peapack-Gladstone Financial Corporation	51.71%	-12.47%	8.27%	-19.31%	5.74%	56.52%	-25.58%	23.59%	-27.64%	14.12%
GS The Goldman Sachs Group, Inc.	19.58%	56.64%	52.03%	15.91%	-7.87%	47.61%	17.45%	40.48%	-33.53%	7.73%

Correlation

The correlation between PGC and GS is 0.39, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.39
Correlation (3Y) Calculated over the trailing 3-year period	0.49
Correlation (5Y) Calculated over the trailing 5-year period	0.51
Correlation (10Y) Calculated over the trailing 10-year period	0.53
Correlation (All Time) Calculated using the full available price history since May 5, 1999	0.35

The correlation between PGC and GS shifts across timeframes, from 0.35 (all time) to 0.53 (10 years), reflecting how their relationship changes across market environments.

Fundamentals

Market Cap PGC : $748.43M GS : $320.63B
EPS PGC : $2.47 GS : $57.41
PE Ratio PGC : 17.06 GS : 18.13
PS Ratio PGC : 1.78 GS : 2.96
PB Ratio PGC : 1.07 GS : 2.61
Total Revenue (TTM) PGC : $419.70M GS : $110.77B
Gross Profit (TTM) PGC : $197.39M GS : $61.53B
EBITDA (TTM) PGC : $51.65M GS : $24.94B

Return for Risk

PGC vs. GS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PGC

PGC Risk / Return Rank: 80
PGC Sharpe Ratio Rank: 83
PGC Sortino Ratio Rank: 78
PGC Omega Ratio Rank: 78
PGC Calmar Ratio Rank: 81
PGC Martin Ratio Rank: 81

GS

GS Risk / Return Rank: 90
GS Sharpe Ratio Rank: 93
GS Sortino Ratio Rank: 91
GS Omega Ratio Rank: 90
GS Calmar Ratio Rank: 87
GS Martin Ratio Rank: 91

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PGC vs. GS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Peapack-Gladstone Financial Corporation (PGC) and The Goldman Sachs Group, Inc. (GS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	PGC	GS	Difference
Sharpe ratio Return per unit of total volatility	1.62	2.80	-1.18
Sortino ratio Return per unit of downside risk	2.16	3.42	-1.26
Omega ratio Gain probability vs. loss probability	1.29	1.45	-0.16
Calmar ratio Return relative to maximum drawdown	2.82	3.93	-1.11
Martin ratio Return relative to average drawdown	6.77	13.17	-6.39
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

PGC vs. GS - Sharpe Ratio Comparison

The current PGC Sharpe Ratio is 1.62, which is lower than the GS Sharpe Ratio of 2.80. The chart below compares the historical Sharpe Ratios of PGC and GS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	PGC	GS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.62	2.80	-1.18
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.16	0.89	-0.73
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.24	0.79	-0.55
Sharpe Ratio (All Time) Calculated using the full available price history	0.12	0.33	-0.22

Drawdowns

PGC vs. GS - Drawdown Comparison

The maximum PGC drawdown since its inception was -70.43%, smaller than the maximum GS drawdown of -78.84%. Use the drawdown chart below to compare losses from any high point for PGC and GS.

Drawdown Indicators

	PGC	GS	Difference
Max Drawdown Largest peak-to-trough decline	-70.43%	-78.84%	+8.41%
Max Drawdown (1Y) Largest decline over 1 year	-18.64%	-19.42%	+0.78%
Max Drawdown (3Y) Largest decline over 3 years	-34.23%	-30.90%	-3.33%
Max Drawdown (5Y) Largest decline over 5 years	-50.02%	-32.84%	-17.18%
Max Drawdown (10Y) Largest decline over 10 years	-65.20%	-48.75%	-16.45%
Current Drawdown Current decline from peak	-3.81%	-2.21%	-1.60%
Average Drawdown Average peak-to-trough decline	-26.84%	-22.63%	-4.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.74%	5.78%	+1.96%

Volatility

PGC vs. GS - Volatility Comparison

The current volatility for Peapack-Gladstone Financial Corporation (PGC) is 6.91%, while The Goldman Sachs Group, Inc. (GS) has a volatility of 8.10%. This indicates that PGC experiences smaller price fluctuations and is considered to be less risky than GS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	PGC	GS	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.91%	8.10%	-1.19%
Volatility (6M) Calculated over the trailing 6-month period	20.64%	22.06%	-1.42%
Volatility (1Y) Calculated over the trailing 1-year period	32.43%	27.25%	+5.18%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	34.08%	27.86%	+6.22%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	37.06%	29.76%	+7.30%

Dividends

PGC vs. GS - Dividend Comparison

PGC's dividend yield for the trailing twelve months is around 0.47%, less than GS's 1.63% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
GS The Goldman Sachs Group, Inc.	1.63%	1.59%	2.01%	2.72%	2.62%	1.70%	1.90%	1.80%	1.89%	1.14%	1.09%	1.41%
PGC Peapack-Gladstone Financial Corporation	0.47%	0.72%	0.62%	0.67%	0.54%	0.56%	0.88%	0.65%	0.79%	0.57%	0.65%	0.97%

Financials

PGC vs. GS - Profitability Comparison

The chart below illustrates the profitability comparison between Peapack-Gladstone Financial Corporation and The Goldman Sachs Group, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

PGC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Peapack-Gladstone Financial Corporation reported a gross profit of 0.00 and revenue of 82.49M. Therefore, the gross margin over that period was 0.0%.

GS - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, The Goldman Sachs Group, Inc. reported a gross profit of 16.91B and revenue of 17.23B. Therefore, the gross margin over that period was 98.2%.

PGC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Peapack-Gladstone Financial Corporation reported an operating income of 0.00 and revenue of 82.49M, resulting in an operating margin of 0.0%.

GS - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, The Goldman Sachs Group, Inc. reported an operating income of 6.49B and revenue of 17.23B, resulting in an operating margin of 37.7%.

PGC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Peapack-Gladstone Financial Corporation reported a net income of 14.15M and revenue of 82.49M, resulting in a net margin of 17.2%.

GS - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, The Goldman Sachs Group, Inc. reported a net income of 5.63B and revenue of 17.23B, resulting in a net margin of 32.7%.

Frequently Asked Questions

Can I hold both PGC and GS in my portfolio?

PGC and GS have a correlation of 0.39, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, PGC or GS?

GS has higher volatility (8.10%) compared to PGC (6.91%). In terms of maximum drawdown, PGC dropped -70.43% vs GS's -78.84%.

Which has better risk-adjusted returns?

GS currently has the higher Sharpe Ratio (2.80 vs 1.62), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.