MarketAxess
MKTX
#1930
Rank
$7.67 B
Marketcap
$202.77
Share price
-1.06%
Change (1 day)
-40.40%
Change (1 year)
MarketAxess Holdings Inc. is an international financial technology company that operates an electronic trading platform for institutional credit markets and also provides market data and post-trade services.

P/E ratio for MarketAxess (MKTX)

P/E ratio as of April 2024 (TTM): 30.7

According to MarketAxess 's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 30.6762. At the end of 2022 the company had a P/E ratio of 41.8.

P/E ratio history for MarketAxess from 2004 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202241.8-30.15%
202159.9-15.85%
202071.13.77%
201968.651.83%
201845.2-10.03%
201750.217.17%
201642.80.57%
201542.619.98%
201435.59.26%
201332.551.87%
201221.4-8.34%
201123.3-3.54%
201024.2-21.66%
200930.9-12.94%
200835.5-11.51%
200740.1-46.82%
200675.491.28%
200539.43185.42%
20041.20

P/E ratio for similar companies or competitors

Company P/E ratio P/E ratio differencediff. Country
22.7-26.04%๐Ÿ‡บ๐Ÿ‡ธ USA
16.1-47.43%๐Ÿ‡บ๐Ÿ‡ธ USA
9.76-68.19%๐Ÿ‡บ๐Ÿ‡ธ USA
17.4-43.18%๐Ÿ‡บ๐Ÿ‡ธ USA

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.