Cboe Global Markets (BSP:C1BO34) Cyclically Adjusted Book per Share: R$95.38 (As of Jun. 2026)

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BSP:C1BO34 Cboe Global Markets Inc BSP:C1BO34
23 GF Score
Price R$779.24
GF Value R$626.28
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Cboe Global Markets Cyclically Adjusted Book per Share?

Cboe Global Markets BSP:C1BO34 23 Cyclically Adjusted Book per Share is R$95.38 as of Jun. 2026. GuruFocus rates BSP:C1BO34 with a GF Score™ of 23/100 and a GF Value™ of R$626.28 (Significantly Overvalued). The stock has 1 warning sign investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Cboe Global Markets's adjusted book value per share for the three months ended in Jun. 2026 was R$137.856. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is R$95.38 for the trailing ten years ended in Jun. 2026.

During the past 12 months, Cboe Global Markets's average Cyclically Adjusted Book Growth Rate was 17.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 19.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Cboe Global Markets was 28.30% per year. The lowest was 17.00% per year. And the median was 23.00% per year.

As of today (2026-08-15), Cboe Global Markets's current stock price is R$779.24. Cboe Global Markets's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2026 was R$95.38. Cboe Global Markets's Cyclically Adjusted PB Ratio of today is 8.17.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cboe Global Markets was 14.37. The lowest was 5.44. And the median was 7.23.


Cboe Global Markets  (BSP:C1BO34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Cboe Global Markets's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=779.24/95.38
=8.17

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Cboe Global Markets was 14.37. The lowest was 5.44. And the median was 7.23.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Cboe Global Markets Cyclically Adjusted Book per Share Related Terms


Cboe Global Markets Cyclically Adjusted Book per Share Historical Data

* Premium members only.

The historical data trend for Cboe Global Markets's Cyclically Adjusted Book per Share 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.

Cboe Global Markets Cyclically Adjusted Book per Share Chart

Cboe Global Markets Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 49.47 55.75 63.51 93.37 97.39

Cboe Global Markets Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 88.00 85.78 97.39 96.89 95.38

BSP:C1BO34 vs MSCI, COIN, TRU: Cyclically Adjusted Book per Share Comparison

For the Financial Data & Stock Exchanges subindustry, Cboe Global Markets's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB 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.


Cboe Global Markets Cyclically Adjusted PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cboe Global Markets's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cboe Global Markets's Cyclically Adjusted PB Ratio falls into.


BSP:C1BO34
23GF Score
Cboe Global Markets Inc BSP:C1BO34
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cboe Global Markets Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Cboe Global Markets's adjusted Book Value per Share data for the three months ended in Jun. 2026 was:

Adj_Book= Book Value per Share /CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=137.856/333.9520*333.9520
=137.856

Current CPI (Jun. 2026) = 333.9520.

Cboe Global Markets Quarterly Data

Book Value per Share CPI Adj_Book
201609 5.794 241.428 8.014
201612 6.559 241.432 9.072
201703 38.317 243.801 52.486
201706 41.153 244.955 56.105
201709 39.728 246.819 53.753
201712 45.456 246.524 61.577
201803 46.251 249.554 61.893
201806 52.972 251.989 70.202
201809 58.007 252.439 76.738
201812 56.388 251.233 74.954
201903 56.518 254.202 74.249
201906 57.438 256.143 74.886
201909 61.627 256.759 80.155
201912 62.233 256.974 80.875
202003 73.705 258.115 95.360
202006 78.389 257.797 101.546
202009 83.372 260.280 106.970
202012 80.285 260.474 102.933
202103 89.696 264.877 113.087
202106 81.177 271.696 99.778
202109 86.554 274.310 105.373
202112 95.572 278.802 114.477
202203 83.589 287.504 97.093
202206 77.620 296.311 87.480
202209 81.406 296.808 91.594
202212 85.780 296.797 96.519
202303 87.293 301.836 96.581
202306 84.280 305.109 92.247
202309 88.623 307.789 96.156
202312 92.514 306.746 100.719
202403 95.115 312.332 101.699
202406 103.357 314.175 109.863
202409 111.317 315.301 117.902
202412 124.705 315.605 131.954
202503 122.379 319.799 127.795
202506 123.682 322.561 128.050
202509 125.184 324.800 128.711
202512 133.940 324.054 138.031
202603 134.233 330.213 135.753
202606 137.856 333.952 137.856

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

What does a Cyclically Adjusted Book per Share of R$95.38 mean?
Cboe Global Markets (BSP:C1BO34) has a Cyclically Adjusted Book per Share of R$95.38 as of Jun. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Cboe Global Markets and its competitors.
Is Cboe Global Markets' Cyclically Adjusted Book per Share too high?
Cboe Global Markets' current Cyclically Adjusted Book per Share is R$95.38. Overall, Cboe Global Markets has a GF Score™ of 23/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cboe Global Markets' Cyclically Adjusted Book per Share compare to MSCI and COIN?
Cboe Global Markets' Cyclically Adjusted Book per Share of R$95.38 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Capital Markets company?
A good Cyclically Adjusted Book per Share depends on the Capital Markets industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Cboe Global Markets and its competitors. Cboe Global Markets's current Cyclically Adjusted Book per Share is R$95.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cboe Global Markets stock overvalued right now?
Based on GuruFocus' analysis, Cboe Global Markets (BSP:C1BO34) is currently considered Significantly Overvalued. The stock's GF Value™ is R$626.28, compared to a current price of R$779.24 — trading 24.4% above its estimated fair value. The current Cyclically Adjusted Book per Share is R$95.38. Cboe Global Markets' overall GF Score™ is 23/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Cboe Global Markets (BSP:C1BO34), the current Cyclically Adjusted Book per Share is R$95.38 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cboe Global Markets (BSP:C1BO34) Overvalued in 2026?

Based on GuruFocus' analysis, Cboe Global Markets stock appears to be overvalued. The current stock price of R$779.24 is trading 24.4% above its estimated GF Value™ of R$626.28. GuruFocus considers Cboe Global Markets to be Significantly Overvalued.

Key valuation signals for BSP:C1BO34:

  • Cyclically Adjusted Book per Share: R$95.38
  • GF Value™: R$626.28 vs. price of R$779.24 (24.4% above fair value)
  • GF Score™: 23/100 with 1 warning sign

No single metric tells the full story. See the BSP:C1BO34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cboe Global Markets Business Description

Address 433 West Van Buren Street, Chicago, IL, USA, 60607
Founded in 1973, Cboe controls the largest option exchange in the US, which provides around 60% of the firm's revenue. The company is best known for its proprietary S&P 500 and VIX index options, which it offers through an exclusive contract with S&P Global. The firm moved into US and European equities through the $3.4 billion acquisition of BATS in 2017. Cboe has continued to look to expand internationally, using acquisitions to build a presence in both Canada and Australia.
23GF Score

Get the complete analysis for BSP:C1BO34

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R$779.24
Price
R$626.28
GF Value