As of 2026-09-02, the Relative Valuation of TMX Group Ltd (X.TO) is 39.36 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 54.03 CAD, the upside of TMX Group Ltd based on Relative Valuation is -27.2%.
The range of the Relative Valuation is 27.12 - 51.41 CAD.
| Range | Selected | |
| Trailing P/E multiples | 21.9x - 23.5x | 22.8x |
| Forward P/E multiples | 21.1x - 23.2x | 22.4x |
| Fair Price | 27.12 - 51.41 | 39.36 |
| Upside | -49.8% - -4.8% | -27.2% |
| Date | P/E |
| 2026-09-01 | 24.54 |
| 2026-08-31 | 24.70 |
| 2026-08-28 | 24.93 |
| 2026-08-27 | 24.92 |
| 2026-08-26 | 24.97 |
| 2026-08-25 | 24.64 |
| 2026-08-24 | 24.49 |
| 2026-08-21 | 24.01 |
| 2026-08-20 | 23.88 |
| 2026-08-19 | 24.10 |
| 2026-08-18 | 24.01 |
| 2026-08-17 | 24.33 |
| 2026-08-14 | 24.40 |
| 2026-08-13 | 24.71 |
| 2026-08-12 | 24.55 |
| 2026-08-11 | 24.34 |
| 2026-08-10 | 24.20 |
| 2026-08-07 | 23.83 |
| 2026-08-06 | 23.97 |
| 2026-08-05 | 24.09 |
| 2026-08-04 | 24.01 |
| 2026-07-31 | 23.42 |
| 2026-07-30 | 23.64 |
| 2026-07-29 | 23.65 |
| 2026-07-28 | 23.80 |
| 2026-07-27 | 23.47 |
| 2026-07-24 | 22.82 |
| 2026-07-23 | 22.95 |
| 2026-07-22 | 23.14 |
| 2026-07-21 | 22.90 |
| 2026-07-20 | 23.06 |
| 2026-07-17 | 22.68 |
| 2026-07-16 | 22.97 |
| 2026-07-15 | 23.16 |
| 2026-07-14 | 22.64 |
| 2026-07-13 | 22.20 |
| 2026-07-10 | 22.12 |
| 2026-07-09 | 21.88 |
| 2026-07-08 | 22.17 |
| 2026-07-07 | 21.65 |
| 2026-07-06 | 21.75 |
| 2026-07-03 | 21.59 |
| 2026-07-02 | 21.60 |
| 2026-06-30 | 21.22 |
| 2026-06-29 | 20.77 |
| 2026-06-26 | 20.80 |
| 2026-06-25 | 20.76 |
| 2026-06-24 | 21.37 |
| 2026-06-23 | 21.96 |
| 2026-06-22 | 22.14 |