Using the PEG framework with analyst consensus forward EPS growth of 10.9% plus 1.0% dividend yield, Cboe Global Markets, Inc. has a fair value of $128.93 based on NTM EPS (FY2026) of $11.80. The current PEG ratio is 2.18.
PEG < 1 = bargain, 1–1.5 = fair, > 2 = expensive.
PEG works well for steady growers with predictable earnings.
| EPS Growth RateForward | 10.0% |
| Dividend Yield | +1.0% |
| Adjusted Growth (clamped 8–25%) | 10.9% |
| Fair P/E | 10.9x |
| NTM EPS (FY2026) | $11.80 |
| Fair Value | $128.93 |
| Period | EPS Est. | Growth | Analysts |
|---|---|---|---|
| FY2025 (actual) | $10.42 | — | — |
| FY2026E | $11.80 | +13.3% | 10 |
| FY2027E | $12.72 | +7.8% | 11 |
| FY2028E | $13.64 | +7.2% | 4 |
| FY2029E | $14.55 | +6.7% | 3 |
| FY2030E | $16.75 | +15.1% | 3 |
5Y Forward EPS CAGR: 10.0%
| Year | Net Income | EPS | YoY |
|---|---|---|---|
| FY2021 | $529.0M | $4.92 | — |
| FY2022 | $235.0M | $2.20 | -55.3% |
| FY2023 | $761.4M | $7.13 | +224.1% |
| FY2024 | $764.9M | $7.21 | +1.1% |
| FY2025 | $1.1B | $10.42 | +44.5% |
4Y Historical EPS CAGR: 20.6%
The PEG Fair Value uses the Price/Earnings-to-Growth framework. A stock is fairly valued when its P/E ratio equals its earnings growth rate (PEG = 1.0). This model adds dividend yield to the growth rate per the original PEGY formula.
Growth rate priority: analyst consensus forward EPS CAGR (when ≥ 3 analysts cover the stock), falling back to historical EPS CAGR. Using EPS rather than net income avoids distortion from share buybacks. The growth rate is clamped between 8% and 25% — below 8% would undervalue stable earners, while above 25% would overvalue unsustainable spikes.