CBOE vs NDAQ

Cboe Global Markets and Nasdaq, Inc., both Financial Services

Nasdaq, Inc. is the larger company at $47B against $26B. On trailing earnings CBOE is the cheaper of the two at a P/E of 23.8 against 27.3, a gap that is only a bargain if the two are growing at similar rates. Over the past year CBOE returned +31% against +6.4% for NDAQ. The RyuScore puts CBOE ahead, 76 against 59 out of 100.

Cboe Global Markets and Nasdaq, Inc. compared on valuation, return and the RyuScore
FigureCBOENDAQ
Last close$305$93.66
Market cap$26B$47B
Trailing P/Elower is cheaper for the same earnings, not automatically better23.827.3
Dividend yield0.9%1.1%
1-year return+31%+6.4%
5-year return+159%+54%
RyuScoresector-relative, 1–1076/10059/100

Figures from SEC filings and end-of-day closes. Highlighting marks the higher or lower number, which is not the same as the better investment, a low P/E can be a warning and a high one can be deserved.

Cboe Global Markets

Revenue of $1.4B in Q2 2026, net income $353M. Its largest reported line is Derivatives Markets, 47% of the disclosed total.

Nasdaq, Inc.

Revenue of $2.5B in Q2 2026, net income $507M. Its largest reported line is Market Services, 54% of the disclosed total.

Open these two in the interactive comparison to add more names, change the period or see the correlation.