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MarketAxess HoldingsMKTX +0.02%72 Median PS Value is $445.39 as of Aug. 13, 2026, which is 31714% above its 10-year median of 1.40. GuruFocus rates MKTX with a GF Score™ of 72/100 and a GF Value™ of $246.81 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 392 Capital Markets companies, MarketAxess Holdings ranks better than 93.88% on this metric.
This valuation method assumes that the stock valuation will revert to its historical (10-Year) median in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
MarketAxess Holdings (NAS:MKTX) Median PS Value Explanation
This valuation method assumes that the stock valuation will revert to its historical (10-Year) mean in terms of PS Ratio. The reason we use PS Ratio instead of PE Ratio or PB Ratio
is because PS Ratio is independent of profit margin, and can be applied to a broader range of situations.
It also assumes that over time the profit margin is constant. If a company increases its profit margin to a sustainable level, this value might under-estimate its value. If it has permanent declined profit margins, this may over-estimate the company's value.
MarketAxess Holdings's Price to Median PS Value for today is calculated as
Price to Median PS Value
=
Share Price
/
Median PS Value
=
162.60
/
445.39
=
0.37
* 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.
MarketAxess Holdings Median PS Value Related Terms
MarketAxess Holdings Median PS Value Historical Data
* Premium members only.
The historical data trend for MarketAxess Holdings's Median PS Value 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.
MKTX vs MIAX, GLXY, LAZ: Median PS Value Comparison
For the Capital Markets subindustry, MarketAxess Holdings's Price-to-Median-PS-Value, along with its competitors' market caps and Price-to-Median-PS-Value 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.
MarketAxess Holdings Price-to-Median-PS-Value vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, MarketAxess Holdings's Price-to-Median-PS-Value distribution charts can be found below:
* The bar in red indicates where MarketAxess Holdings's Price-to-Median-PS-Value falls into.
10-Year Median PS Ratio is 18.4595.
MarketAxess Holdings's Revenue per Share for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $24.128.
* 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.
MarketAxess Holdings (MKTX) has a Median PS Value of $445.39 as of Aug. 13, 2026. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on MarketAxess Holdings and its competitors. This is 31714% above median its historical median of 1.40. Over the past decade, MarketAxess Holdings' Median PS Value has ranged from 0.25 to 2.79. According to the industry distribution chart, MarketAxess Holdings ranks #24 out of 392 companies in the Capital Markets industry, placing it in the top 6.1%.
Is MarketAxess Holdings' Median PS Value too high?
MarketAxess Holdings' current Median PS Value of $445.39 is 31714% above median its 10-year median of 1.40. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 2.79. The Capital Markets industry median Median PS Value is 1.06. MarketAxess Holdings' value of $445.39 is 42117.1% above this industry median. Based on the distribution chart, MarketAxess Holdings ranks #24 out of 392 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, MarketAxess Holdings has a GF Score™ of 72/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MarketAxess Holdings' Median PS Value compare to MIAX and GLXY?
According to the Capital Markets industry distribution chart, MarketAxess Holdings ranks #24 out of 392 companies for Median PS Value. This places MarketAxess Holdings in the top 6% of its industry — outperforming the majority of peers. The industry median Median PS Value is 1.06. MarketAxess Holdings' value of $445.39 is 42117.1% above this benchmark. Historically, MarketAxess Holdings' own Median PS Value has ranged from 0.25 to 2.79 over the past decade. While the company's 10-year median is 1.40 vs. the industry median of 1.06, MarketAxess Holdings has consistently been above 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 Median PS Value for a Capital Markets company?
The median Median PS Value among Capital Markets companies is 1.06, based on 392 companies in the industry. Companies in the top quartile (top 25%) have a Median PS Value significantly above this median, while those in the bottom quartile fall well below. However, Median PS Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MarketAxess Holdings's current Median PS Value of $445.39 is 42117.1% above 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 Median PS Value mean?
A high Median PS Value can signal that a stock is expensive relative to its fundamentals. Median price-sales value is the stock value based on a company's 10-year median price-sales ratio, View historical data on MarketAxess Holdings and its competitors. For the Capital Markets industry, the median Median PS Value is 1.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MarketAxess Holdings's current Median PS Value is $445.39, which is 31714% above median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MarketAxess Holdings stock overvalued right now?
Based on GuruFocus' analysis, MarketAxess Holdings (MKTX) is currently considered Possible Value Trap. The stock's GF Value™ is $246.81, compared to a current price of $162.60 — trading 34.1% below its estimated fair value. The current Median PS Value is $445.39, which is 31714% above median its 10-year median of 1.40 and 42117.1% above the Capital Markets industry median of 1.06. MarketAxess Holdings' overall GF Score™ is 72/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Median PS Value calculated?
Median PS Value is calculated from a company's financial statements. For MarketAxess Holdings (MKTX), the current Median PS Value is $445.39 as of Aug. 13, 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 MarketAxess Holdings (MKTX) Overvalued in 2026?
Based on GuruFocus' analysis, MarketAxess Holdings stock appears to be undervalued.
The current stock price of $162.60 is trading 34.1% below its estimated GF Value™ of $246.81.
GuruFocus considers MarketAxess Holdings to be Possible Value Trap.
Key valuation signals for MKTX:
Median PS Value: $445.39 (31714% above median its 10-year median of 1.40)
GF Value™: $246.81 vs. price of $162.60 (34.1% below fair value)
Industry Position: 42117.1% above the Capital Markets median (#24 of 392)
No single metric tells the full story. See the MKTX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Founded in 2000, MarketAxess is a leading electronic fixed-income trading platform that connects broker/dealers and institutional investors. The company is primarily focused on credit based fixed income securities with its main trading products being US investment-grade and high-yield bonds, Eurobonds, and Emerging Market corporate debt. Recently the company has expanded more aggressively into Treasuries and municipal bonds with the acquisitions of LiquidityEdge and MuniBrokers in 2019 and 2021, respectively. The company also provides pre- and post-trade services with its acquisition of Regulatory Reporting Hub from Deutsche Börse Group in 2020 adding to its product offerings.
72GF Score
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