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Cboe Global Markets (BSP:C1BO34) Cyclically Adjusted PB Ratio : 7.49 (As of May. 31, 2025)


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What is Cboe Global Markets Cyclically Adjusted PB Ratio?

As of today (2025-05-31), Cboe Global Markets's current share price is R$641.92. Cboe Global Markets's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was R$85.73. Cboe Global Markets's Cyclically Adjusted PB Ratio for today is 7.49.

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

BSP:C1BO34' 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.

BSP:C1BO34's Cyclically Adjusted PB Ratio is ranked worse than
89.37% of 489 companies
in the Capital Markets industry
Industry Median: 1.24 vs BSP:C1BO34: 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 R$122.379. 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$85.73 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
=641.92/85.73
=7.49

* 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)
=122.379/134.9266*134.9266
=122.379

Current CPI (Mar. 2025) = 134.9266.

Cboe Global Markets Quarterly Data

Book Value per Share CPI Adj_Book
201506 4.261 100.684 5.710
201509 6.138 100.392 8.249
201512 6.137 99.792 8.298
201603 5.621 100.470 7.549
201606 5.596 101.688 7.425
201609 5.794 101.861 7.675
201612 6.559 101.863 8.688
201703 38.317 102.862 50.261
201706 41.153 103.349 53.727
201709 39.728 104.136 51.475
201712 45.456 104.011 58.967
201803 46.251 105.290 59.270
201806 52.972 106.317 67.227
201809 58.007 106.507 73.485
201812 56.388 105.998 71.777
201903 56.518 107.251 71.103
201906 57.438 108.070 71.712
201909 61.627 108.329 76.758
201912 62.233 108.420 77.448
202003 73.705 108.902 91.319
202006 78.389 108.767 97.242
202009 83.372 109.815 102.437
202012 80.285 109.897 98.570
202103 89.696 111.754 108.294
202106 81.177 114.631 95.549
202109 86.554 115.734 100.907
202112 95.572 117.630 109.626
202203 83.589 121.301 92.978
202206 77.620 125.017 83.773
202209 81.406 125.227 87.712
202212 85.780 125.222 92.428
202303 87.293 127.348 92.488
202306 84.280 128.729 88.338
202309 88.623 129.860 92.081
202312 92.514 129.419 96.451
202403 95.115 131.776 97.389
202406 103.357 132.554 105.207
202409 111.317 133.029 112.905
202412 124.705 133.157 126.362
202503 122.379 134.927 122.379

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  (BSP:C1BO34) 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

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.

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