BGC Group, Inc. (BGC)

Security & Commodity Brokers, Dealers, Exchanges & Services

Latest Price

$11.52

TTM P/E

31.14

Normalized P/E

50.20

Div Yield

0.69%

Book Value

2.32

P/B Ratio

4.97

Valuation metrics

EPS: $0.31

Book value / share: $2.02

Formula: √(22.5 × EPS × BVPS)

Graham Number

$3.76

67% downside

Norm. op. income: $173M (median of 7yr)

Tax rate: 31%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$1.00

91% downside

Base FCF: $373M (median of recent 5yr)

Growth: 25%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$56.23

+388% upside

EPS: $0.31

Target P/E: 50×

Formula: EPS × P/E

P/E Fair Value

$15.50

+35% upside

61.3% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	54.60M	$533.0M	11.51%	+874.1K	2026-03-31
VANGUARD PORTFOLIO MANAGEMENT LLC	24.54M	$240.0M	5.18%	--	2026-03-31
Rubric Capital Management LP	23.30M	$227.0M	4.91%	+2.30M	2026-03-31
VANGUARD CAPITAL MANAGEMENT LLC	16.32M	$159.0M	3.44%	--	2026-03-31
STATE STREET CORP	14.48M	$141.0M	3.05%	+120.0K	2026-03-31
Nuveen, LLC	9.19M	$89.0M	1.94%	+1.30M	2026-03-31
GEODE CAPITAL MANAGEMENT, LLC	8.98M	$87.0M	1.89%	+252.1K	2026-03-31
FMR LLC	8.65M	$84.0M	1.82%	+544.0K	2026-03-31
DIMENSIONAL FUND ADVISORS LP	7.90M	$77.0M	1.67%	+163.6K	2026-03-31
Boston Partners	7.29M	$71.0M	1.54%	-1.47M	2026-03-31