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CBOE (Cboe Global Markets) Cyclically Adjusted PB Ratio : 7.26 (As of Jun. 03, 2025)


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What is Cboe Global Markets Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Cboe Global Markets's current share price is $227.25. Cboe Global Markets's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $31.32. Cboe Global Markets's Cyclically Adjusted PB Ratio for today is 7.26.

The historical rank and industry rank for Cboe Global Markets's Cyclically Adjusted PB Ratio or its related term are showing as below:

CBOE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.44   Med: 7.15   Max: 14.35
Current: 7.31

During the past years, Cboe Global Markets's highest Cyclically Adjusted PB Ratio was 14.35. The lowest was 5.44. And the median was 7.15.

CBOE's Cyclically Adjusted PB Ratio is ranked worse than
89.5% of 505 companies
in the Capital Markets industry
Industry Median: 1.26 vs CBOE: 7.31

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 adjusted book value per share data for the three months ended in Mar. 2025 was $42.507. 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 $31.32 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cboe Global Markets Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cboe Global Markets's Cyclically Adjusted PB 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.

Cboe Global Markets Cyclically Adjusted PB Ratio Chart

Cboe Global Markets Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.74 7.32 5.75 6.96 6.52

Cboe Global Markets Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio 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 6.81 6.07 7.06 6.52 7.22

Competitive Comparison of Cboe Global Markets's Cyclically Adjusted PB Ratio

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's Cyclically Adjusted PB Ratio Distribution in the 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.


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Cboe Global Markets Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=227.25/31.32
=7.26

* 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's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Cboe Global Markets's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=42.507/134.9266*134.9266
=42.507

Current CPI (Mar. 2025) = 134.9266.

Cboe Global Markets Quarterly Data

Book Value per Share CPI Adj_Book
201506 2.738 100.684 3.669
201509 3.145 100.392 4.227
201512 3.163 99.792 4.277
201603 3.040 100.470 4.083
201606 3.270 101.688 4.339
201609 3.562 101.861 4.718
201612 3.911 101.863 5.180
201703 24.503 102.862 32.141
201706 24.976 103.349 32.607
201709 25.365 104.136 32.865
201712 27.591 104.011 35.792
201803 28.211 105.290 36.152
201806 28.095 106.317 35.655
201809 28.236 106.507 35.770
201812 29.041 105.998 36.967
201903 29.431 107.251 37.026
201906 29.794 108.070 37.198
201909 29.920 108.329 37.266
201912 30.324 108.420 37.738
202003 30.169 108.902 37.379
202006 30.217 108.767 37.484
202009 30.878 109.815 37.939
202012 31.211 109.897 38.320
202103 31.835 111.754 38.436
202106 32.287 114.631 38.003
202109 32.792 115.734 38.230
202112 33.802 117.630 38.772
202203 33.594 121.301 37.368
202206 30.755 125.017 33.193
202209 31.050 125.227 33.455
202212 32.707 125.222 35.242
202303 33.519 127.348 35.514
202306 34.728 128.729 36.400
202309 35.889 129.860 37.289
202312 37.762 129.419 39.369
202403 38.201 131.776 39.114
202406 38.379 132.554 39.066
202409 40.203 133.029 40.777
202412 40.880 133.157 41.423
202503 42.507 134.927 42.507

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


Cboe Global Markets  (BATS:CBOE) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Cboe Global Markets Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Cboe Global Markets's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cboe Global Markets Business Description

Traded in Other Exchanges
Address
433 West Van Buren Street, Chicago, IL, USA, 60607
Cboe Global Markets Inc is a provider of market infrastructure and tradable products, that delivers cutting-edge trading, clearing, and investment solutions to market participants around the world. The Company is committed to operating a trusted, inclusive all over world marketplace, and to providing products, technology, and data solutions that enable participants to define a sustainable financial future. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives, FX, and digital assets, across North America, Europe, and Asia Pacific.
Executives
Catherine R Clay officer: EVP, Data and Access Solutions 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Jill R Goodman director 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Adam Inzirillo officer: EVP, DATA AND ACCESS SOLUTIONS 433 W. VAN BUREN ST., CHICAGO IL 60607
Dave Howson officer: President, Europe 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Jill Griebenow officer: SVP, CAO 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Christopher A Isaacson officer: EVP, CIO 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Jennifer J Mcpeek director C/O CBOE GLOBAL MARKETS, INC., 433 WEST VAN BUREN STREET, CHICAGO IL 60607
John P Sexton officer: EVP, GC and Corp Sec 433 W. VAN BUREN STREET, CHICAGO IL 60607
Stephanie Foley officer: EVP, CHRO 433 W. VAN BUREN ST., CHICAGO IL 60607
Edward T Tilly officer: Executive Vice Chairman 433 W. VAN BUREN STREET, CHICAGO IL 60607
Joseph P Ratterman director C/O LABONE, INC., 10101 RENNER BOULEVARD, LENEXA KS 66219
Brian N Schell officer: Executive VP, CFO & Treasurer 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Ivan K Fong director 3M CENTER, ST. PAUL MN 55144-1000
Janet P Froetscher director CBOE GLOBAL MARKETS, 433 W. VAN BUREN ST., CHICAGO IL 60607
Michael L Richter director 8050 MARSHALL DRIVE, SUITE 120, LENEXA KS 66214