As of 2025-09-15, the Relative Valuation of TMX Group Ltd (X.TO) is 35.11 CAD. This relative valuation is based on P/E multiples. With the latest stock price at 53.90 CAD, the upside of TMX Group Ltd based on Relative Valuation is -34.9%.
The range of the Relative Valuation is 28.24 - 43.58 CAD.
| Range | Selected | |
| Trailing P/E multiples | 26.1x - 28.7x | 27.0x |
| Forward P/E multiples | 24.7x - 26.7x | 25.5x |
| Fair Price | 28.24 - 43.58 | 35.11 |
| Upside | -47.6% - -19.1% | -34.9% |
| Date | P/E |
| 2025-09-12 | 35.52 |
| 2025-09-11 | 35.80 |
| 2025-09-10 | 35.20 |
| 2025-09-09 | 35.70 |
| 2025-09-08 | 35.39 |
| 2025-09-05 | 35.78 |
| 2025-09-04 | 35.95 |
| 2025-09-03 | 36.13 |
| 2025-09-02 | 35.63 |
| 2025-08-29 | 36.15 |
| 2025-08-28 | 36.30 |
| 2025-08-27 | 35.95 |
| 2025-08-26 | 36.26 |
| 2025-08-25 | 36.23 |
| 2025-08-22 | 36.86 |
| 2025-08-21 | 36.88 |
| 2025-08-20 | 37.12 |
| 2025-08-19 | 37.15 |
| 2025-08-18 | 37.79 |
| 2025-08-15 | 37.51 |
| 2025-08-14 | 37.51 |
| 2025-08-13 | 37.22 |
| 2025-08-12 | 37.28 |
| 2025-08-11 | 37.34 |
| 2025-08-08 | 38.03 |
| 2025-08-07 | 38.06 |
| 2025-08-06 | 37.12 |
| 2025-08-05 | 38.21 |
| 2025-08-01 | 36.79 |
| 2025-07-31 | 37.13 |
| 2025-07-30 | 37.06 |
| 2025-07-29 | 37.42 |
| 2025-07-28 | 37.33 |
| 2025-07-25 | 37.13 |
| 2025-07-24 | 37.41 |
| 2025-07-23 | 37.02 |
| 2025-07-22 | 36.98 |
| 2025-07-21 | 37.43 |
| 2025-07-18 | 37.22 |
| 2025-07-17 | 36.75 |
| 2025-07-16 | 37.57 |
| 2025-07-15 | 37.36 |
| 2025-07-14 | 36.74 |
| 2025-07-11 | 36.39 |
| 2025-07-10 | 36.59 |
| 2025-07-09 | 36.36 |
| 2025-07-08 | 36.24 |
| 2025-07-07 | 36.53 |
| 2025-07-04 | 36.42 |
| 2025-07-03 | 36.56 |