New Narrative • May 08

Last week, the Financial Exchanges and Data industry hasn't moved much but Cboe Global Markets is up 6.6% in that time. Unfortunately though, the industry is down 8.4% over the past 12 months. Earnings are forecast to grow by 11% annually.
Has the U.S. Financial Exchanges and Data Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 11 May 2026 | US$598.1b | US$74.1b | US$19.9b | 24.2x | 30x | 8.1x |
| Wed, 08 Apr 2026 | US$605.3b | US$72.9b | US$19.0b | 27.5x | 31.9x | 8.3x |
| Fri, 06 Mar 2026 | US$629.6b | US$74.3b | US$19.1b | 27.3x | 32.9x | 8.5x |
| Sun, 01 Feb 2026 | US$652.4b | US$76.6b | US$20.4b | 22.2x | 32x | 8.5x |
| Tue, 30 Dec 2025 | US$660.7b | US$76.5b | US$20.2b | 25.5x | 32.7x | 8.6x |
| Thu, 27 Nov 2025 | US$640.2b | US$76.4b | US$20.2b | 25.3x | 31.7x | 8.4x |
| Sat, 25 Oct 2025 | US$647.0b | US$74.5b | US$19.8b | 26.1x | 32.6x | 8.7x |
| Mon, 22 Sep 2025 | US$668.0b | US$333.4b | US$19.6b | 25.3x | 34.1x | 2x |
| Wed, 20 Aug 2025 | US$699.9b | US$324.3b | US$19.3b | 27.1x | 36.2x | 2.2x |
| Fri, 18 Jul 2025 | US$706.5b | US$71.5b | US$17.5b | 31x | 40.5x | 9.9x |
| Sun, 15 Jun 2025 | US$647.0b | US$71.5b | US$17.5b | 31.2x | 37x | 9x |
| Tue, 13 May 2025 | US$642.7b | US$71.2b | US$17.5b | 31.9x | 36.8x | 9x |
| Thu, 10 Apr 2025 | US$554.3b | US$69.3b | US$18.1b | 27.9x | 30.5x | 8x |
| Sat, 08 Mar 2025 | US$625.7b | US$67.8b | US$18.2b | 29x | 34.4x | 9.2x |
| Mon, 03 Feb 2025 | US$646.7b | US$64.8b | US$16.6b | 33.5x | 39.1x | 10x |
| Wed, 01 Jan 2025 | US$617.0b | US$64.4b | US$16.4b | 33.9x | 37.6x | 9.6x |
| Fri, 29 Nov 2024 | US$659.8b | US$62.5b | US$16.4b | 35x | 40.3x | 10.6x |
| Sun, 27 Oct 2024 | US$606.9b | US$61.2b | US$16.2b | 33.3x | 37.6x | 9.9x |
| Tue, 24 Sep 2024 | US$603.4b | US$59.6b | US$15.5b | 30.8x | 38.9x | 10.1x |
| Thu, 22 Aug 2024 | US$590.9b | US$59.6b | US$15.5b | 32.1x | 38.1x | 9.9x |
| Sat, 20 Jul 2024 | US$571.9b | US$56.7b | US$14.8b | 32.3x | 38.8x | 10.1x |
| Mon, 17 Jun 2024 | US$535.1b | US$56.7b | US$14.8b | 31.3x | 36.3x | 9.4x |
| Wed, 15 May 2024 | US$529.9b | US$55.9b | US$14.7b | 32.7x | 35.9x | 9.5x |
| Fri, 12 Apr 2024 | US$538.9b | US$53.7b | US$13.0b | 32.8x | 41.6x | 10x |
| Sun, 10 Mar 2024 | US$546.2b | US$53.4b | US$12.9b | 33.9x | 42.4x | 10.2x |
| Tue, 06 Feb 2024 | US$511.7b | US$52.0b | US$11.6b | 30.9x | 44.2x | 9.8x |
| Thu, 04 Jan 2024 | US$503.4b | US$51.9b | US$11.6b | 29.5x | 43.4x | 9.7x |
| Sat, 02 Dec 2023 | US$491.0b | US$51.9b | US$11.6b | 29.2x | 42.3x | 9.5x |
| Mon, 30 Oct 2023 | US$415.0b | US$51.2b | US$9.7b | 31.5x | 42.8x | 8.1x |
| Wed, 27 Sep 2023 | US$420.8b | US$51.4b | US$9.3b | 30.1x | 45.1x | 8.2x |
| Fri, 25 Aug 2023 | US$440.1b | US$51.4b | US$9.4b | 29.2x | 46.9x | 8.6x |
| Sun, 23 Jul 2023 | US$457.2b | US$50.8b | US$8.1b | 30.6x | 56.4x | 9x |
| Tue, 20 Jun 2023 | US$428.1b | US$50.9b | US$8.1b | 30.1x | 52.9x | 8.4x |
| Thu, 18 May 2023 | US$410.7b | US$50.9b | US$8.1b | 29.6x | 50.8x | 8.1x |
50.8x
How does U.S. Financial Exchanges and Data compare with similar industries?
| US Market | 2.14% | |
| Financials | -0.85% | |
| Capital Markets | 0.66% | |
| Financial Exchanges and Data | -0.23% | |
| Investment Banking and Brokerage | 1.21% | |
| Asset Management | 0.56% | |
| Diversified Capital Markets | -19.06% | |
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CBOE Cboe Global Markets | US$348.56 | 6.6% +US$2.3b | 50.4% | PE29.7x | |
| COIN Coinbase Global | US$192.96 | 2.8% +US$1.4b | -6.6% | PE40.3x | |
| BLSH Bullish | US$41.20 | 9.2% +US$577.0m | n/a | PS26.3x | |
| MIAX Miami International Holdings | US$49.77 | 7.1% +US$310.9m | n/a | PE38.8x | |
| MORN Morningstar | US$176.70 | 4.5% +US$291.7m | -41.9% | PE16.7x |