Despite beating the market over the past two years, shares of Goldman Sachs (NYSE:GS) are still trading at historically low valuation multiples as the bank's operating performance has failed to regain its pre-crisis form. With current returns on equity in the low-teens, should investors be demanding more from Goldman Sachs?

In this segment of The Motley Fool's financials-focused show, Where the Money Is, banking analysts Matt Koppenheffer and David Hanson discuss Goldman's valuation versus somes peers and how the company can still be a long-term winner.

David Hanson owns shares of Goldman Sachs. Matt Koppenheffer owns shares of Bank of America and Goldman Sachs. The Motley Fool recommends Bank of America and Goldman Sachs. The Motley Fool owns shares of Bank of America. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.