What is the price-to-earnings ratio of TMX Group?
The price-earnings ratio of TMX Group is currently 21.84.
TMX Group P/E 2024
TMX Group P/E
21.84
Ticker
X.TO
ISIN
CA87262K1057
WKN
A1J4GR
As of Sep 10, 2024, TMX Group's P/E ratio was 21.84, a -4.67% change from the 22.91 P/E ratio recorded in the previous year.
The TMX Group P/E history
TMX Group Aktienanalyse
What does TMX Group do?
TMX Group Ltd is a company specializing in the operation of financial market infrastructures and services. The company is headquartered in Toronto, Canada and is listed on the Toronto Stock Exchange (TSX) and the New York Stock Exchange (NYSE). The history of TMX dates back to 1852 when a stock exchange was established in Toronto. Over time, additional exchanges were opened in Canada, eventually leading to the formation of TMX Group in 2008. Since its inception, TMX Group has continuously expanded its range of products and services and has become one of the leading providers of financial market infrastructures in North America. TMX's business model is based on providing state-of-the-art trading platforms, data providers, and clearing and settlement services for a variety of financial markets, including stocks, bonds, currencies, commodities, and derivatives. TMX works closely with government and regulatory authorities to ensure that its activities comply with regulatory requirements and are transparent. TMX Group is divided into various business segments, each offering specialized services and products. These include: - TSX and TSX Venture Exchange: TSX is Canada's premier stock exchange, providing companies with the opportunity to list and publicly trade stocks and other securities. TSX Venture Exchange is a platform for emerging companies seeking capital-raising opportunities. - Montreal Exchange (MX): MX is Canada's leading exchange for options, futures, and other derivatives. Investors can place bets on future developments in stock prices, currencies, and other assets. - NGX: NGX is a leading operator of energy and commodity markets in North America, including natural gas, electricity, carbon emissions, and other commodities. - Shorcan: Shorcan is a leading provider of OTC market information and liquidity in Canada. Shorcan specifically serves the Canadian government securities market. - Trayport: Trayport is a company that offers trading platforms and data services for energy, metal, weather, and agricultural products. In addition to these segments, TMX also operates a range of other services, including: - Data and analytics services: TMX offers comprehensive data and analytics tools, including real-time and historical data, research reports, and data integration services. - Clearing and settlement services: TMX operates clearinghouses that handle transaction settlement and risk assessment. These services are essential for ensuring the security and stability of financial markets. - Technology and infrastructure services: TMX provides technology services that enable other companies to use its trading platforms and systems. It offers a wide portfolio of offerings, including cloud-based solutions and software-as-a-service offerings. Overall, TMX is a key player in North American financial markets. By providing innovative trading platforms, data offerings, and clearing services, TMX contributes to the efficient and transparent flow of capital between companies and investors. TMX Group ist eines der beliebtesten Unternehmen auf Eulerpool.com.P/E Details
Deciphering TMX Group's P/E Ratio
The Price to Earnings (P/E) Ratio of TMX Group is a vital metric that investors and analysts use to determine the company’s market value relative to its earnings. It is calculated by dividing the current stock price by the earnings per share (EPS). A higher P/E ratio could suggest that investors are expecting higher future growth, while a lower ratio may indicate a potentially undervalued company or lower growth expectations.
Year-to-Year Comparison
Assessing TMX Group's P/E ratio on a yearly basis provides insights into the valuation trends and investor sentiment. An increasing P/E ratio over the years signifies growing investor confidence and expectations for future earnings growth, while a decreasing ratio may reflect concerns over the company's profitability or growth prospects.
Impact on Investments
The P/E ratio of TMX Group is a key consideration for investors aiming to balance risk and reward. A comprehensive analysis of this ratio, in conjunction with other financial indicators, aids investors in making informed decisions regarding buying, holding, or selling the company’s stocks.
Interpreting P/E Ratio Fluctuations
Fluctuations in TMX Group’s P/E ratio can be attributed to various factors including changes in earnings, stock price movements, and shifts in investor expectations. Understanding the underlying reasons for these fluctuations is essential for predicting future stock performance and assessing the company's intrinsic value.
Frequently Asked Questions about TMX Group stock
How has the price-earnings ratio of TMX Group changed compared to last year?
The price-to-earnings ratio of TMX Group has increased by -4.67% fallen (meaning "decreased" or "dropped") compared to last year.
What consequences does a high price-earnings ratio have for investors?
A high price-to-earnings ratio indicates that the company's stock is relatively expensive and investors may potentially achieve a lower return.
What does a low price-earnings ratio mean?
A low price-earnings ratio means that the company's stock is relatively cheap and investors may potentially achieve a higher return.
Is the price-earnings ratio of TMX Group high compared to other companies?
Yes, the price-to-earnings ratio of TMX Group is high compared to other companies.
How does an increase in the price-earnings ratio of TMX Group affect the company?
An increase in the price-earnings ratio of TMX Group would lead to a higher market capitalization of the company, which in turn would lead to a higher valuation of the company.
How does a reduction in the price-to-earnings ratio of TMX Group affect the company?
A decrease in the price-earnings ratio of TMX Group would result in a lower market capitalization of the company, which in turn would lead to a lower valuation of the company.
What are some factors that influence the price-earnings ratio of TMX Group?
Some factors that influence the price-earnings ratio of TMX Group are the company's growth, financial position, industry development, and the overall economic situation.
How much dividend does TMX Group pay?
Over the past 12 months, TMX Group paid a dividend of 2.1 CAD . This corresponds to a dividend yield of about 4.85 %. For the coming 12 months, TMX Group is expected to pay a dividend of 1.79 CAD.
What is the dividend yield of TMX Group?
The current dividend yield of TMX Group is 4.85 %.
When does TMX Group pay dividends?
TMX Group pays a quarterly dividend. This is distributed in the months of December, March, June, September.
How secure is the dividend of TMX Group?
TMX Group paid dividends every year for the past 23 years.
What is the dividend of TMX Group?
For the upcoming 12 months, dividends amounting to 1.79 CAD are expected. This corresponds to a dividend yield of 4.14 %.
In which sector is TMX Group located?
TMX Group is assigned to the 'Finance' sector.
Wann musste ich die Aktien von TMX Group kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of TMX Group from 8/30/2024 amounting to 0.19 CAD, you needed to have the stock in your portfolio before the ex-date on 8/16/2024.
When did TMX Group pay the last dividend?
The last dividend was paid out on 8/30/2024.
What was the dividend of TMX Group in the year 2023?
In the year 2023, TMX Group distributed 3.32 CAD as dividends.
In which currency does TMX Group pay out the dividend?
The dividends of TMX Group are distributed in CAD.
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Andere Kennzahlen von TMX Group
Our stock analysis for TMX Group Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TMX Group Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
