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Cboe Global Markets, Inc. (CBOE)

Security & Commodity Brokers, Dealers, Exchanges & Services

Latest Price
$275.29
TTM P/E
21.46
Normalized P/E
36.82
Div Yield
1.05%
Book Value
53.76
P/B Ratio
5.12

Valuation metrics

adjust assumptions →
EPS: $10.42
Book value / share: $49.10
Formula: √(22.5 × EPS × BVPS)
Graham Number
$107.29
61% downside
Norm. op. income: $806M (median of 7yr)
Tax rate: 29%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$62.09
77% downside
Base FCF: $1.0B (median of recent 5yr)
Growth: 17%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$406.85
+48% upside
EPS: $10.42
Target P/E: 37×
Formula: EPS × P/E
P/E Fair Value
$385.54
+40% upside

Institutional Ownership

88.9% held by institutions
InstitutionSharesValueOwnership %ChangeFiling Date
BlackRock, Inc.10.20M$2.47B9.75%-313.2K2026-06-30
Vanguard Capital Management LLC6.84M$1.66B6.54%+37.6K2026-06-30
Vanguard Portfolio Management LLC5.26M$1.27B5.03%+16.6K2026-06-30
State Street Corp5.05M$1.22B4.83%+69.7K2026-06-30
FMR LLC4.31M$1.04B4.12%-406.4K2026-06-30
Alliancebernstein L.P.4.07M$1.14B3.89%-993.7K2026-06-30
Geode Capital Management, LLC3.10M$755.0M2.96%+9.3K2026-06-30
Morgan Stanley2.84M$689.0M2.72%-509.6K2026-06-30
Invesco Ltd.2.14M$518.0M2.04%-235.7K2026-06-30
Deutsche Bank AG\2.03M$491.0M1.94%+956.6K2026-06-30
View all institutional holders →