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| Company | Headquarters | Sector | Stock Price | Enterprise Value | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| Intercontinental Exchange | United States of America | Stock Exchanges, Financial Data & Information | $157 | $107B | 10.9x | 16.4x |
| CME Group | United States of America | Stock Exchanges | $281 | $102B | 15.9x | 22.4x |
| London Stock Exchange Group | United Kingdom of Great Britain and Northern Ireland | Stock Exchanges, Financial Data & Information | £89 | $68.8B | 5.7x | 11.6x |
| Nasdaq | United States of America | Stock Exchanges, Financial Data & Information | $91 | $58.9B | 11.4x | 19.6x |
| HKEX | Hong Kong | Stock Exchanges | HKD 411 | $27.5B | 7.6x | 9.8x |
| Cboe Global Markets | United States of America | Stock Exchanges | $258 | $27.1B | 11.6x | 17.5x |
| Euronext | France | Stock Exchanges | €132 | $17.9B | 8.6x | 13.8x |
| B3 Bolsa do Brasil | Brazil | Stock Exchanges | BRL 15 | $14.1B | 7.5x | 11.0x |
| Singapore Exchange | Singapore | Stock Exchanges | SGD 17 | $13.3B | 12.3x | 20.0x |
| BSE India | India | Stock Exchanges | INR 2902 | $12.4B | 28.4x | 46.6x |
| TMX Group | Canada | Stock Exchanges | CAD 51 | $11.3B | 9.5x | 17.3x |
| Japan Exchange Group | Japan | Stock Exchanges | JPY 1792 | $10.5B | 9.3x | 14.2x |
| MCX India | India | Stock Exchanges | INR 10074 | $5.5B | 31.8x | 48.4x |
| Tadawul Group | Saudi Arabia | Stock Exchanges, Electronic Trading | SAR 168 | $4.8B | 13.2x | 34.0x |
| MIAX | United States of America | Stock Exchanges | $46 | $3.3B | N/A | N/A |
| Tradegate | Germany | Stock Exchanges, Electronic Trading | €88 | $2.5B | N/A | N/A |
| Tel Aviv Stock Exchange | Israel | Stock Exchanges | ILS 89 | $2.4B | 18.1x | 42.6x |
| Boursa Kuwait | Kuwait | Stock Exchanges | KWD 4 | $2.3B | 14.0x | 19.2x |
| Dubai Financial Market | United Arab Emirates | Stock Exchanges | AED 2 | $2.2B | 7.6x | 10.9x |
| Bursa Malaysia | Malaysia | Stock Exchanges | MYR 8 | $1.5B | 8.5x | 16.1x |
| Indian Energy Exchange | India | Energy Services, Electronic Trading, Stock Exchanges | INR 139 | $1.2B | 18.6x | 21.8x |
| Bolsa Mexicana | Mexico | Stock Exchanges | MXN 38 | $968M | 4.0x | 7.0x |
| Warsaw Stock Exchange | Poland | Stock Exchanges | PLN 64 | $640M | 4.4x | 10.3x |
| Bolsas y Mercados Argentinos | Argentina | Stock Exchanges | ARS 300 | $582M | 3.1x | 4.1x |
| OTC Markets | United States of America | Stock Exchanges | $52 | $581M | 4.9x | 12.7x |
| Johannesburg Stock Exchange | South Africa | Stock Exchanges | ZAR 133 | $522M | N/A | N/A |
| Athens Exchange Group | Greece | Stock Exchanges | €6 | $313M | 4.5x | 10.1x |
| NZX | New Zealand | Stock Exchanges, Financial Data & Information | NZD 2 | $313M | 4.3x | 10.7x |
| Philippine Stock Exchange | Philippines | Stock Exchanges | PHP 203 | $229M | N/A | N/A |
| Pakistan Stock Exchange | Pakistan | Stock Exchanges | PKR 44 | $113M | N/A | N/A |
| Euroxx Securities | Greece | Stock Exchanges | €5 | $88.1M | N/A | N/A |
| Bursa De Valori Bucuresti | Romania | Stock Exchanges | RON 41 | $64.7M | 3.4x | N/A |
| Bulgarian Stock Exchange | Bulgaria | Stock Exchanges | BGN 12 | $59.8M | N/A | N/A |
| Jamaica Stock Exchange | Jamaica | Stock Exchanges | JMD 10 | $43.7M | N/A | N/A |
| Bolsa de Santiago | Chile | Stock Exchanges | CLP 368 | $17.4M | N/A | N/A |
| Zagrebacka Burza | Croatia | Stock Exchanges | €6 | $12.0M | N/A | N/A |
| ASX | Australia | Stock Exchanges | AUD 58 | -$1.5B | -2.0x | -3.3x |
| Deutsche Börse | Germany | Stock Exchanges | €230 | -$91.2B | -13.0x | -22.4x |
Valuation multiples as of last 12 months (LTM). Stock prices as of November 30, 2025. Financial data powered by Morningstar and FactSet.
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