The S&P 500 fell 15 points, but the news wasn’t all bad for the financial sector as two big names made new 52-week highs on Monday.

Goldman Sachs Group Inc GS 0.8% bucked a recent trend, as the stock is now knocking on the door of $200 per share for the first time in over five years.

Goldman stock is now up nearly 11 percent for the year, but several valuation metrics indicate that its run may not yet be over.

With a reasonable price to book ratio (P/B) of 1.23, relatively low price to earnings (P/E) and forward P/E both around 11.3, there’s an argument to be made that even at five-year highs Goldman could still be undervalued…

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