As of 2026-07-12, the Relative Valuation of TMX Group Ltd (X.TO) is 31.84 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 47.88 CAD, the upside of TMX Group Ltd based on Relative Valuation is -33.5%.
The range of the Relative Valuation is 23.37 - 39.85 CAD.
| Range | Selected | |
| Trailing P/E multiples | 17.9x - 20.6x | 20.0x |
| Forward P/E multiples | 18.5x - 21.0x | 19.8x |
| Fair Price | 23.37 - 39.85 | 31.84 |
| Upside | -51.2% - -16.8% | -33.5% |
| Date | P/E |
| 2026-07-09 | 24.70 |
| 2026-07-08 | 25.03 |
| 2026-07-07 | 24.44 |
| 2026-07-06 | 24.55 |
| 2026-07-03 | 24.37 |
| 2026-07-02 | 24.38 |
| 2026-06-30 | 23.95 |
| 2026-06-29 | 23.44 |
| 2026-06-26 | 23.47 |
| 2026-06-25 | 23.43 |
| 2026-06-24 | 24.12 |
| 2026-06-23 | 24.79 |
| 2026-06-22 | 24.99 |
| 2026-06-19 | 24.48 |
| 2026-06-18 | 25.25 |
| 2026-06-17 | 25.56 |
| 2026-06-16 | 26.69 |
| 2026-06-15 | 26.69 |
| 2026-06-12 | 26.04 |
| 2026-06-11 | 25.85 |
| 2026-06-10 | 25.97 |
| 2026-06-09 | 26.02 |
| 2026-06-08 | 25.74 |
| 2026-06-05 | 25.57 |
| 2026-06-04 | 25.32 |
| 2026-06-03 | 24.45 |
| 2026-06-02 | 24.66 |
| 2026-06-01 | 26.43 |
| 2026-05-29 | 26.62 |
| 2026-05-28 | 26.92 |
| 2026-05-27 | 26.82 |
| 2026-05-26 | 27.07 |
| 2026-05-25 | 27.71 |
| 2026-05-22 | 27.77 |
| 2026-05-21 | 27.89 |
| 2026-05-20 | 27.96 |
| 2026-05-19 | 27.71 |
| 2026-05-15 | 27.71 |
| 2026-05-14 | 27.89 |
| 2026-05-13 | 27.41 |
| 2026-05-12 | 28.10 |
| 2026-05-11 | 27.83 |
| 2026-05-08 | 28.55 |
| 2026-05-07 | 28.78 |
| 2026-05-06 | 28.52 |
| 2026-05-05 | 28.75 |
| 2026-05-04 | 28.88 |
| 2026-05-01 | 28.62 |
| 2026-04-30 | 28.58 |
| 2026-04-29 | 28.05 |