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Cboe Global MarketsMEX:CBOE 86 Debt-to-Equity is 0.28 as of Jun. 2026, which is 28% below its 10-year median of 0.39. GuruFocus rates MEX:CBOE with a GF Score™ of 86/100 and a GF Value™ of MXN3,994.43 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 609 Capital Markets companies, Cboe Global Markets ranks better than 52.38% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Cboe Global Markets's Debt-to-Equity or its related term are showing as below:
MEX:CBOE'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.27 Med: 0.39 Max: 0.64
Current: 0.28
During the past 13 years, the highest Debt-to-Equity Ratio of Cboe Global Markets was 0.64. The lowest was 0.27. And the median was 0.39.
MEX:CBOE's Debt-to-Equity is ranked better than 52.38% of 609
companies
in the Capital Markets industry
Industry Median: 0.32
vs MEX:CBOE: 0.28
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Cboe Global Markets Debt-to-Equity Related Terms
Cboe Global Markets Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Cboe Global Markets's Debt-to-Equity 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.
MEX:CBOE vs MSCI, COIN, TRU: Debt-to-Equity Comparison
For the Financial Data & Stock Exchanges subindustry, Cboe Global Markets's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Cboe Global Markets's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Cboe Global Markets's Debt-to-Equity falls into.
* 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 (MEX:CBOE) has a Debt-to-Equity of 0.28 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cboe Global Markets and its competitors. This is 28% below median its historical median of 0.39. Over the past decade, Cboe Global Markets' Debt-to-Equity has ranged from 0.27 to 0.64. According to the industry distribution chart, Cboe Global Markets ranks #290 out of 609 companies in the Capital Markets industry, placing it in the top 47.6%.
Is Cboe Global Markets' Debt-to-Equity too high?
Cboe Global Markets' current Debt-to-Equity of 0.28 is 28% below median its 10-year median of 0.39. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.64. The Capital Markets industry median Debt-to-Equity is 0.32. Cboe Global Markets' value of 0.28 is 12.5% below this industry median. Based on the distribution chart, Cboe Global Markets ranks #290 out of 609 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Cboe Global Markets has a GF Score™ of 86/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cboe Global Markets' Debt-to-Equity compare to MSCI and COIN?
According to the Capital Markets industry distribution chart, Cboe Global Markets ranks #290 out of 609 companies for Debt-to-Equity. This puts Cboe Global Markets in the upper half of its industry. The industry median Debt-to-Equity is 0.32. Cboe Global Markets' value of 0.28 is 12.5% below this benchmark. Historically, Cboe Global Markets' own Debt-to-Equity has ranged from 0.27 to 0.64 over the past decade. While the company's 10-year median is 0.39 vs. the industry median of 0.32, Cboe Global Markets has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.32, based on 609 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cboe Global Markets's current Debt-to-Equity of 0.28 is 12.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cboe Global Markets and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cboe Global Markets's current Debt-to-Equity is 0.28, which is 28% below median its own 10-year median of 0.39. 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 (MEX:CBOE) is currently considered Modestly Overvalued. The stock's GF Value™ is MXN3,994.43, compared to a current price of MXN4,970.00 — trading 24.4% above its estimated fair value. The current Debt-to-Equity is 0.28, which is 28% below median its 10-year median of 0.39 and 12.5% below the Capital Markets industry median of 0.32. Cboe Global Markets' overall GF Score™ is 86/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Cboe Global Markets (MEX:CBOE), the current Debt-to-Equity is 0.28 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 (MEX:CBOE) Overvalued in 2026?
Based on GuruFocus' analysis, Cboe Global Markets stock appears to be overvalued.
The current stock price of MXN4,970.00 is trading 24.4% above its estimated GF Value™ of MXN3,994.43.
GuruFocus considers Cboe Global Markets to be Modestly Overvalued.
Key valuation signals for MEX:CBOE:
Debt-to-Equity: 0.28 (28% below median its 10-year median of 0.39)
GF Value™: MXN3,994.43 vs. price of MXN4,970.00 (24.4% above fair value)
Industry Position: 12.5% below the Capital Markets median (#290 of 609)
No single metric tells the full story. See the MEX:CBOE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
86GF Score
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