As of 2026-03-06, the Relative Valuation of TMX Group Ltd (X.TO) is 36.14 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 47.63 CAD, the upside of TMX Group Ltd based on Relative Valuation is -24.1%.
The range of the Relative Valuation is 27.03 - 41.99 CAD.
| Range | Selected | |
| Trailing P/E multiples | 25.3x - 28.1x | 28.0x |
| Forward P/E multiples | 21.9x - 26.3x | 24.8x |
| Fair Price | 27.03 - 41.99 | 36.14 |
| Upside | -43.3% - -11.8% | -24.1% |
| Date | P/E |
| 2026-03-04 | 31.88 |
| 2026-03-03 | 32.12 |
| 2026-03-02 | 31.50 |
| 2026-02-27 | 30.79 |
| 2026-02-26 | 31.77 |
| 2026-02-25 | 31.46 |
| 2026-02-24 | 31.06 |
| 2026-02-23 | 31.00 |
| 2026-02-20 | 30.86 |
| 2026-02-19 | 31.01 |
| 2026-02-18 | 29.98 |
| 2026-02-17 | 29.85 |
| 2026-02-13 | 30.33 |
| 2026-02-12 | 29.71 |
| 2026-02-11 | 30.64 |
| 2026-02-10 | 30.88 |
| 2026-02-09 | 31.23 |
| 2026-02-06 | 30.40 |
| 2026-02-05 | 30.89 |
| 2026-02-04 | 31.46 |
| 2026-02-03 | 31.45 |
| 2026-02-02 | 34.41 |
| 2026-01-30 | 33.64 |
| 2026-01-29 | 33.42 |
| 2026-01-28 | 33.78 |
| 2026-01-27 | 34.01 |
| 2026-01-26 | 34.13 |
| 2026-01-23 | 33.85 |
| 2026-01-22 | 34.41 |
| 2026-01-21 | 34.47 |
| 2026-01-20 | 34.00 |
| 2026-01-19 | 34.13 |
| 2026-01-16 | 34.53 |
| 2026-01-15 | 34.18 |
| 2026-01-14 | 34.41 |
| 2026-01-13 | 33.86 |
| 2026-01-12 | 33.54 |
| 2026-01-09 | 33.85 |
| 2026-01-08 | 33.80 |
| 2026-01-07 | 33.88 |
| 2026-01-06 | 35.01 |
| 2026-01-05 | 34.55 |
| 2026-01-02 | 34.45 |
| 2025-12-31 | 34.96 |
| 2025-12-30 | 34.62 |
| 2025-12-29 | 34.89 |
| 2025-12-24 | 34.82 |
| 2025-12-23 | 34.98 |
| 2025-12-22 | 35.00 |
| 2025-12-19 | 34.85 |