MKTXMarketAxess Holdings Inc.

$164.67-2.4% 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 18.8× for the median Capital Markets name, more expensive than its own group.

19.4

Trailing P/E · Capital Markets median 18.8 · 1.03× the median: the market pays up for this one

Price / sales
4.60

Price / sales · as of 2026-Q2

Price / book
3.23

Price / book · as of 2026-Q2

EV / sales
4.26

EV / sales

Details›
Price / bookas of 2026-Q2
3.23
EV / EBITas of 2026-Q2
10.5
EV / salesas of 2026-Q2
4.26
Financial Services median P/E599 names
12.5
Capital Markets median P/E49 names
18.8
Market capitalisation35.2 million shares, counted Aug 4, 2026
$5.80B
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$164.67

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

Against its own past

Its multiples now against their own history, and how much of the price move came from earnings rather than the multiple.