Cboe Global Markets Screens Expensive at 23x Earnings After 144% 5-Year Run
Updated
Updated · Simply Wall St · Aug 16
Cboe Global Markets Screens Expensive at 23x Earnings After 144% 5-Year Run
2 articles · Updated · Simply Wall St · Aug 16
Summary
Cboe Global Markets now looks overvalued on market-multiple checks, with a valuation score of 2 out of 6 after a 144% share-price gain over five years.
At about 23.0x earnings, Cboe trades below the capital-markets industry average of 39.6x and peer average of 26.1x, but still well above its tailored fair P/E of 15.3x.
Record quarterly revenue and earnings, plus growth pushes in options, prediction markets and global clearing, help explain the premium, though asset sales and regulatory shifts add uncertainty.
Community views remain split, with one bull case calling the stock 5% undervalued while a bear case sees it 22% overvalued, underscoring how much future execution is already priced in.