MKTXMarketAxess Holdings Inc.

$164.58-6.4% 1Y

Is the price fair?

Good

Cheap against its own history. That is the only one of 3 checks this filer's data supports, so take it as a single data point rather than a settled answer.

1 good, 2 without data
Vs its own P/E rangecheapest in 41 quartersderived

Cheap vs its own history: P/E 19.4 vs a 44.3 median over 41 quarters (−56% vs median).

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

P/E (valuation)middle of the market

Where this answer is blind. The growth-implied estimate assumes a fixed discount rate; capital-heavy sectors look structurally rich on it.

What MKTX's price assumes

MarketAxess Holdings Inc. trades at 19.4× earnings against 19.0× for the median Capital Markets name, more expensive than its own group.

19.4

Trailing P/E · Capital Markets median 19.0 · 1.02× the median: the market pays up for this one

Price / sales
4.42

Price / sales · as of 2026-Q2

Price / book
3.10

Price / book · as of 2026-Q2

EV / sales
4.07

EV / sales

Details›
Price / bookas of 2026-Q2
3.10
EV / EBITas of 2026-Q2
10.1
EV / salesas of 2026-Q2
4.07
Financial Services median P/E625 names
12.1
Capital Markets median P/E49 names
19.0
Market capitalisation
$3.88B
MKTX has re-rated away from its own history, so multiplying the old multiple by today's earnings prices a full reversal, not the business
MethodPer share
What its own history would implynot meaningful, 19.4× today against a 44.3× median
52-week range$109.09 – $192.55
Today$164.58

Multiples from SEC filings and end-of-day closes; implied growth from a reverse discounted cash flow. Group medians across the names Ryufin tracks.