As of 2025-11-05, the Relative Valuation of TMX Group Ltd (X.TO) is 33.34 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 51.73 CAD, the upside of TMX Group Ltd based on Relative Valuation is -35.6%.
The range of the Relative Valuation is 23.57 - 41.57 CAD.
| Range | Selected | |
| Trailing P/E multiples | 24.8x - 27.4x | 26.3x |
| Forward P/E multiples | 20.6x - 26.2x | 23.4x |
| Fair Price | 23.57 - 41.57 | 33.34 |
| Upside | -54.4% - -19.6% | -35.6% |
| Date | P/E |
| 2025-11-03 | 34.10 |
| 2025-10-31 | 34.10 |
| 2025-10-30 | 32.90 |
| 2025-10-29 | 32.86 |
| 2025-10-28 | 34.13 |
| 2025-10-27 | 32.85 |
| 2025-10-24 | 33.32 |
| 2025-10-23 | 32.69 |
| 2025-10-22 | 32.52 |
| 2025-10-21 | 32.47 |
| 2025-10-20 | 32.77 |
| 2025-10-17 | 32.95 |
| 2025-10-16 | 33.20 |
| 2025-10-15 | 33.66 |
| 2025-10-14 | 33.48 |
| 2025-10-10 | 33.75 |
| 2025-10-09 | 33.86 |
| 2025-10-08 | 33.94 |
| 2025-10-07 | 34.16 |
| 2025-10-06 | 34.40 |
| 2025-10-03 | 35.07 |
| 2025-10-02 | 34.80 |
| 2025-10-01 | 34.98 |
| 2025-09-30 | 35.09 |
| 2025-09-29 | 34.59 |
| 2025-09-26 | 34.44 |
| 2025-09-25 | 34.59 |
| 2025-09-24 | 34.98 |
| 2025-09-23 | 35.31 |
| 2025-09-22 | 35.36 |
| 2025-09-19 | 35.19 |
| 2025-09-18 | 35.34 |
| 2025-09-17 | 35.91 |
| 2025-09-16 | 34.92 |
| 2025-09-15 | 35.51 |
| 2025-09-12 | 35.53 |
| 2025-09-11 | 35.81 |
| 2025-09-10 | 35.21 |
| 2025-09-09 | 35.71 |
| 2025-09-08 | 35.40 |
| 2025-09-05 | 35.79 |
| 2025-09-04 | 35.96 |
| 2025-09-03 | 36.14 |
| 2025-09-02 | 35.64 |
| 2025-08-29 | 36.15 |
| 2025-08-28 | 36.31 |
| 2025-08-27 | 35.96 |
| 2025-08-26 | 36.27 |
| 2025-08-25 | 36.23 |
| 2025-08-22 | 36.87 |