CME GROUP INC. (CME)
Security & Commodity Brokers, Dealers, Exchanges & Services
Latest Price
$267.79
TTM P/E
22.71
Normalized P/E
28.24
Div Yield
3.73%
Book Value
73.67
P/B Ratio
3.64
Valuation metrics
adjust assumptions →EPS: $11.16
Book value / share: $79.73
Formula: √(22.5 × EPS × BVPS)
Graham Number
$141.49
47% downside
Norm. op. income: $3.0B (median of 7yr)
Tax rate: 22%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$77.59
71% downside
Base FCF: $3.4B (median of recent 5yr)
Growth: 10%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$247.27
8% downside
EPS: $11.16
Target P/E: 28×
Formula: EPS × P/E
P/E Fair Value
$312.48
+17% upside
Institutional Ownership
82.5% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| BlackRock, Inc. | 31.45M | $9.29B | 8.72% | +370.4K | 2026-03-31 |
| VANGUARD CAPITAL MANAGEMENT LLC | 23.37M | $6.90B | 6.48% | -- | 2026-03-31 |
| STATE STREET CORP | 16.06M | $4.74B | 4.45% | -89.2K | 2026-03-31 |
| MORGAN STANLEY | 9.41M | $2.78B | 2.61% | +1.04M | 2026-03-31 |
| GEODE CAPITAL MANAGEMENT, LLC | 9.15M | $2.70B | 2.54% | -180.7K | 2026-03-31 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 9.03M | $2.67B | 2.50% | -- | 2026-03-31 |
| Capital World Investors | 6.94M | $2.05B | 1.92% | -341.6K | 2026-03-31 |
| Bank of New York Mellon Corp | 4.83M | $1.43B | 1.34% | -91.9K | 2026-03-31 |
| PRICE T ROWE ASSOCIATES INC /MD/ | 4.81M | $1.42B | 1.33% | -2.07M | 2026-03-31 |
| RAYMOND JAMES FINANCIAL INC | 4.38M | $1.29B | 1.21% | +56.2K | 2026-03-31 |