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TMXXF (TMX Group) Shiller PE Ratio : 35.52 (As of Oct. 31, 2024)


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What is TMX Group Shiller PE Ratio?

As of today (2024-10-31), TMX Group's current share price is $31.26. TMX Group's E10 for the quarter that ended in Sep. 2024 was $0.88. TMX Group's Shiller PE Ratio for today is 35.52.

The historical rank and industry rank for TMX Group's Shiller PE Ratio or its related term are showing as below:

TMXXF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 26.75   Med: 29.06   Max: 690.45
Current: 36.78

During the past years, TMX Group's highest Shiller PE Ratio was 690.45. The lowest was 26.75. And the median was 29.06.

TMXXF's Shiller PE Ratio is ranked worse than
65.58% of 462 companies
in the Capital Markets industry
Industry Median: 24.125 vs TMXXF: 36.78

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

TMX Group's adjusted earnings per share data for the three months ended in Sep. 2024 was $0.221. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $0.88 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TMX Group Shiller PE Ratio Historical Data

The historical data trend for TMX Group's Shiller 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.

* Premium members only.

TMX Group Shiller PE Ratio Chart

TMX Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 27.91 29.84

TMX Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Shiller PE 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 27.40 29.84 32.13 32.50 35.74

Competitive Comparison of TMX Group's Shiller PE Ratio

For the Financial Data & Stock Exchanges subindustry, TMX Group's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.


TMX Group's Shiller PE Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TMX Group's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where TMX Group's Shiller PE Ratio falls into.



TMX Group Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

TMX Group's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=31.26/0.88
=35.52

* 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.

TMX Group's E10 for the quarter that ended in Sep. 2024 is calculated as:

For example, TMX Group's adjusted earnings per share data for the three months ended in Sep. 2024 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.221/127.8378*127.8378
=0.221

Current CPI (Sep. 2024) = 127.8378.

TMX Group Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201412 0.132 98.367 0.172
201503 0.124 99.789 0.159
201506 0.082 100.500 0.104
201509 0.101 100.421 0.129
201512 -0.426 99.947 -0.545
201603 0.129 101.054 0.163
201606 0.166 102.002 0.208
201609 0.110 101.765 0.138
201612 0.141 101.449 0.178
201703 0.127 102.634 0.158
201706 0.179 103.029 0.222
201709 0.151 103.345 0.187
201712 0.569 103.345 0.704
201803 0.175 105.004 0.213
201806 0.261 105.557 0.316
201809 0.157 105.636 0.190
201812 0.185 105.399 0.224
201903 0.163 106.979 0.195
201906 0.206 107.690 0.245
201909 0.165 107.611 0.196
201912 0.128 107.769 0.152
202003 0.178 107.927 0.211
202006 0.176 108.401 0.208
202009 0.186 108.164 0.220
202012 0.197 108.559 0.232
202103 0.271 110.298 0.314
202106 0.224 111.720 0.256
202109 0.215 112.905 0.243
202112 0.244 113.774 0.274
202203 0.750 117.646 0.815
202206 0.258 120.806 0.273
202209 0.217 120.648 0.230
202212 0.272 120.964 0.287
202303 0.234 122.702 0.244
202306 0.263 124.203 0.271
202309 0.229 125.230 0.234
202312 0.224 125.072 0.229
202403 0.369 126.258 0.374
202406 0.263 127.522 0.264
202409 0.221 127.838 0.221

Add all the adjusted EPS together and divide 10 will get our E10.

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.


TMX Group  (OTCPK:TMXXF) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


TMX Group Shiller PE Ratio Related Terms

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TMX Group Business Description

Traded in Other Exchanges
Address
300 - 100 Adelaide Street West, Toronto, ON, CAN, M5H 1S3
TMX Group Ltd is a company that operates several markets to provide investment opportunities for its clients. TMX Group provides listing markets, trading markets, clearing facilities, depository services, technology solutions, data products, and other services to the world-wide financial community. TMX Group operates offices across North America (Montreal, Calgary, Vancouver, and New York), as well as in key international markets including London and Singapore. The company has four segments namely: Global Solutions, Insights & Analytics, which derives the key revenue; Capital Formation; Derivatives Trading & Clearing; and Equities and Fixed Income Trading & Clearing.