Start with its own history
At 26.19×, CME is 0.2% above its 10-observation annual average. A lower multiple can reflect a lower price, higher earnings, or weaker growth expectations—not necessarily a bargain.
NASDAQ · CMEFinancial - Data & Stock ExchangesUpdated Nov 5, 2026
CME Group Inc. P/E ratio
Current valuation, historical context, and peer comparisons.
Current P/E ratio
26.19×
0.2% abovethe 10-year annual average
Share price308.27
÷Earnings per share11.77
Price and EPS in quote currency. Calculation details
Investors are paying 26.19 for every 1 of reported earnings per share.
P/E over time
2016 – 2025
Annual P/ESelected-period average 26.13×
3-year average24.04×3 positive annual observations
5-year average25.22×5 positive annual observations
10-year average26.13×10 positive annual observations
Peer median · TTM25.71×8 peers with positive P/E
Historical P/E ratios
Annual period-end data · 24 observations
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2025 | 24.43× | +1.9% |
| Dec 31, 2024 | 23.97× | +0.9% |
| Dec 31, 2023 | 23.74× | +4.6% |
| Dec 31, 2022 | 22.69× | -27.5% |
| Dec 31, 2021 | 31.30× | +1.1% |
| Dec 31, 2020 | 30.96× | -8.5% |
| Dec 31, 2019 | 33.85× | +3.1% |
| Dec 31, 2018 | 32.83× | +169.7% |
View all 24 annual observations +
| Period end | P/E | Change |
|---|---|---|
| Dec 31, 2017 | 12.17× | -52.0% |
| Dec 31, 2016 | 25.35× | +3.8% |
| Dec 31, 2015 | 24.42× | -7.2% |
| Dec 31, 2014 | 26.31× | -1.4% |
| Dec 31, 2013 | 26.69× | +42.7% |
| Dec 31, 2012 | 18.70× | +109.1% |
| Dec 31, 2011 | 8.94× | -60.1% |
| Dec 31, 2010 | 22.42× | -16.9% |
| Dec 31, 2009 | 26.98× | +58.2% |
| Dec 31, 2008 | 17.06× | -62.6% |
| Dec 31, 2007 | 45.58× | +5.1% |
| Dec 31, 2006 | 43.38× | +5.7% |
| Dec 31, 2005 | 41.06× | +17.6% |
| Dec 31, 2004 | 34.92× | +81.0% |
| Dec 31, 2003 | 19.29× | +43.7% |
| Dec 31, 2002 | 13.43× | N/M |
Change is relative to the preceding observation. N/M values are excluded from averages.
How CME compares
Company P/E vs. peer trailing-12-month ratios
| Company | P/E ratio |
|---|---|
 CME This stockCME Group Inc. | 26.19× |
 ICEIntercontinental Exchange, Inc. | 23.77× |
 CBOECboe Global Markets, Inc. | 24.50× |
 NDAQNasdaq, Inc. | 29.65× |
 TWTradeweb Markets Inc. | 29.74× |
 DBOEYDeutsche Börse AG | 26.25× |
 LSEGYLondon Stock Exchange Group plc | 34.72× |
 EUXTFEuronext N.V. | 24.46× |
 HKXCYHong Kong Exchanges and Clearing Limited | 25.16× |
Peers are selected by the data provider. Business models and earnings definitions can differ.
Put the numbers in context
What does CME’s P/E tell you?
Compare like with like
The median of the 8 positive peer ratios above is 25.71×. Check growth, margins, debt, and earnings quality before interpreting the gap. A faster-growing business may justify a higher multiple.
Check what drives earnings
One-off gains can temporarily lower P/E; unusual charges can raise it. Reported earnings and forward estimates answer different questions. Pair this view with return on equity and liquidity for a fuller picture.
Keep your research connected
Take CME into your spreadsheet
Pull historical P/E into Excel or Google Sheets with Wisesheets. Build your own comparisons alongside the rest of your financial model.
Explore WisesheetsQuarterly P/E · latest quarterLQ selects the latest reported quarter. Requires the Wisesheets add-in. See available data
=WISE("CME", "PE Ratio", "LQ")Sources & calculation methodology
Current P/E
Share price 308.27 ÷ EPS 11.77 = 26.19×. Data is supplied by Financial Modeling Prep through Wisesheets. Quote feed updated Nov 5, 2026; this is not a real-time trading quote.
History & averages
Annual and quarterly P/E observations are provided separately from the current quote. Averages use the latest 3, 5, or 10 annual observations, excluding missing and nonpositive ratios. Pre-IPO observations are omitted. These are period-end observations, not daily averages.
Data definitions and limitations
The current quote feed does not specify the exact EPS filing-period end or whether EPS is basic or diluted. We do not label it as forward P/E. Peer ratios are explicitly trailing-12-month (TTM) values. Historical observations do not include independently verified price and EPS inputs. Sources may update on different schedules; rounded inputs can produce small calculation differences. Historical comparisons describe past pricing, not an estimate of fair value.
CME P/E ratio: common questions
The essentials behind the numbers.
CME Group Inc.'s current P/E is 26.19× based on the quote data last updated Nov 5, 2026. It represents the share price divided by reported earnings per share. Prices and earnings may refresh on different schedules.
Annual P/E uses earnings for a completed fiscal year. Trailing-12-month (TTM) P/E uses the latest four quarters, while forward P/E uses forecast earnings. These are not interchangeable. This page labels peer ratios as TTM and shows dated annual or quarterly historical observations; it does not show forward estimates.
N/M means not meaningful: the feed has no positive P/E for that observation. Negative or zero earnings should not be ranked as a low positive valuation multiple. N/M observations are excluded from the averages shown above.
Divide the share price by earnings per share (EPS). For example, a share price of 100 and EPS of 5 gives a P/E of 20×. This page uses the price and EPS supplied together in the quote when both are positive.
Price timestamps, EPS definitions, share classes, adjustments, and fiscal periods can differ. A forward P/E also uses forecast earnings rather than reported earnings. Compare the inputs and as-of dates before comparing two displayed ratios.
Not necessarily. The average describes previous market pricing, not fair value. Changes in earnings quality, growth expectations, debt, accounting, and business risk can justify a different multiple today.