TMX Group (TSX:X) Forward PE Ratio : 22.47 (As of Apr. 29, 2024)

View and export this data going back to 2002. Start your Free Trial

What is TMX Group Forward PE Ratio?

TMX Group's Forward PE Ratio for today is 22.47.

TMX Group's PE Ratio without NRI for today is 28.38.

TMX Group's PE Ratio for today is 28.47.

TMX Group Forward PE Ratio Historical Data

The historical data trend for TMX Group's Forward PE Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TMX Group Forward PE Ratio Chart

TMX Group Annual Data

Trend

2015-12

2016-12

2017-12

2018-12

2019-12

2020-12

2021-12

2022-12

2023-12

2024-04

Forward PE Ratio

9.09

15.48

13.50

13.00

19.23

20.96

18.28

18.42

19.80

22.47

TMX Group Quarterly Data
	2015-12	2016-03	2016-06	2016-09	2016-12	2017-03	2017-06	2017-09	2017-12	2018-03	2018-06	2018-09	2018-12	2019-03	2019-06	2019-09	2019-12	2020-03	2020-06	2020-09	2020-12	2021-03	2021-06	2021-09	2021-12	2022-03	2022-06	2022-09	2022-12	2023-03	2023-06	2023-09	2023-12	2024-03
Forward PE Ratio	9.09	11.17	13.28	12.94	15.48	14.18	14.95	14.08	13.50	13.95	16.21	15.31	13.00	15.70	16.56	18.90	19.23	17.42	21.74	21.65	20.96	20.24	20.04	19.72	18.28	18.21	18.45	16.47	18.42	18.52	19.72	17.70	19.80	22.08

Competitive Comparison of TMX Group's Forward PE Ratio

For the Financial Data & Stock Exchanges subindustry, TMX Group's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

TMX Group's Forward PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TMX Group's Forward PE Ratio distribution charts can be found below:

* The bar in red indicates where TMX Group's Forward PE Ratio falls into.

TMX Group Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.

TMX Group (TSX:X) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .

TMX Group Forward PE Ratio Related Terms

Thank you for viewing the detailed overview of TMX Group's Forward PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

TMX Group (TSX:X) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » TMX Group Ltd (TSX:X) » Definitions » Forward PE Ratio

Comparable Companies

Traded in Other Exchanges

TMXXF:USA

Address

300 - 100 Adelaide Street West, Toronto, ON, CAN, M5H 1S3

Website

https://www.tmx.com

TMX Group Ltd is a company that operates several global markets to provide investment opportunities for its clients. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montreal Exchange, Canadian Derivatives Clearing Corporation, and Trayport, which provides listing markets, trading markets, clearing facilities, depository services, technology solutions, data products, and other services to the global financial community. TMX Group operates offices across North America (Montreal, Calgary, Vancouver, and New York), as well as in key international markets including London and Singapore.