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CMC MarketsLSE:CMCX -0.43%74 Forward PE Ratio is 13.15 as of Aug. 08, 2026. GuruFocus rates LSE:CMCX with a GF Score™ of 74/100 and a GF Value™ of £2.99 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 222 Capital Markets companies, CMC Markets ranks better than 61.26% on this metric.
CMC Markets's Forward PE Ratio for today is 13.15.
CMC Markets (LSE:CMCX) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
CMC Markets Forward PE Ratio Related Terms
CMC Markets Forward PE Ratio Historical Data
* Premium members only.
The historical data trend for CMC Markets's Forward PE 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.
CMC Markets Forward PE Ratio Chart
CMC Markets Annual Data
Trend
2016-03
2017-03
2018-03
2019-03
2020-03
2021-03
2022-03
2023-03
2024-03
2025-03
2026-03
Forward PE Ratio
13.35
11.63
15.04
8.09
10.83
20.53
11.25
7.30
15.04
9.43
11.43
CMC Markets Semi-Annual Data
2016-03
2016-09
2017-03
2017-09
2018-03
2018-09
2019-03
2019-09
2020-03
2020-09
2021-03
2021-09
2022-03
2022-09
2023-03
2023-09
2024-03
2024-09
2025-03
2025-09
2026-03
Forward PE Ratio
13.35
11.26
11.63
15.06
15.04
13.39
8.09
14.45
10.83
7.56
20.53
7.42
11.25
12.53
7.30
36.63
15.04
14.95
9.43
9.31
11.43
LSE:CMCX vs MS, GS, SCHW: Forward PE Ratio Comparison
For the Capital Markets subindustry, CMC Markets's Forward PE Ratio, along with its competitors' market caps and Forward PE 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.
CMC Markets Forward PE Ratio vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, CMC Markets's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where CMC Markets's Forward PE Ratio falls into.
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
CMC Markets (LSE:CMCX) has a Forward PE Ratio of 13.15 as of Aug. 08, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on CMC Markets and its competitors. According to the industry distribution chart, CMC Markets ranks #86 out of 222 companies in the Capital Markets industry, placing it in the top 38.7%.
Is CMC Markets' Forward PE Ratio too high?
CMC Markets' current Forward PE Ratio is 13.15. The Capital Markets industry median Forward PE Ratio is 16.01. CMC Markets' value of 13.15 is 17.8% below this industry median. Based on the distribution chart, CMC Markets ranks #86 out of 222 companies in the Capital Markets industry, which is above the industry midpoint. Overall, CMC Markets has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CMC Markets' Forward PE Ratio compare to MS and GS?
According to the Capital Markets industry distribution chart, CMC Markets ranks #86 out of 222 companies for Forward PE Ratio. This puts CMC Markets in the upper half of its industry. The industry median Forward PE Ratio is 16.01. CMC Markets' value of 13.15 is 17.8% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Capital Markets company?
The median Forward PE Ratio among Capital Markets companies is 16.01, based on 222 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. CMC Markets's current Forward PE Ratio of 13.15 is 17.8% 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on CMC Markets and its competitors. For the Capital Markets industry, the median Forward PE Ratio is 16.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CMC Markets's current Forward PE Ratio is 13.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CMC Markets stock overvalued right now?
Based on GuruFocus' analysis, CMC Markets (LSE:CMCX) is currently considered Significantly Overvalued. The stock's GF Value™ is £2.99, compared to a current price of £6.90 — trading 130.8% above its estimated fair value. The current Forward PE Ratio is 13.15 and 17.8% below the Capital Markets industry median of 16.01. CMC Markets' overall GF Score™ is 74/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For CMC Markets (LSE:CMCX), the current Forward PE Ratio is 13.15 as of Aug. 08, 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 CMC Markets (LSE:CMCX) Overvalued in 2026?
Based on GuruFocus' analysis, CMC Markets stock appears to be overvalued.
The current stock price of £6.90 is trading 130.8% above its estimated GF Value™ of £2.99.
GuruFocus considers CMC Markets to be Significantly Overvalued.
Key valuation signals for LSE:CMCX:
Forward PE Ratio: 13.15
GF Value™: £2.99 vs. price of £6.90 (130.8% above fair value)
Industry Position: 17.8% below the Capital Markets median (#86 of 222)
No single metric tells the full story. See the LSE:CMCX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CMC Markets PLC is a United Kingdom-based company that provides an online platform for trading and investing, with a comprehensive retail, professional, and institutional offering. The Group's business consists of two segments, Trading and Investing. The majority of its revenue is generated from the Trading segment, whose core business involves online trading, enabling clients to trade a broad array of financial instruments for short-term investment and hedging purposes. Additionally, the trading segment includes the Treasury Management and Capital Markets Division that invests surplus liquidity to enhance yield. The Investing segment supports clients longer-term investment goals. The group offers online stockbroking services in Australia, the UK, the USA, and Singapore.
74GF Score
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Forward PE Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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