Relative Value

The Relative Value of one BSE stock under the Base Case scenario is 4 572.29 INR. Compared to the current market price of 6 946 INR, BSE Ltd is Overvalued by 34%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

BSE Relative Value
Base Case
4 572.29 INR
Overvaluation 34%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
1
vs Industry
9
Median 3Y
17.4
Median 5Y
10.1
Industry
3.1
Forward
23.8
vs History
6
vs Industry
7
Median 3Y
41.5
Median 5Y
36
Industry
14.5
Forward
52.7
vs History
0
vs Industry
11
Median 3Y
14.3
Median 5Y
8.6
Industry
9.8
vs History
0
vs Industry
13
Median 3Y
15.2
Median 5Y
8.8
Industry
12.1
vs History
0
vs Industry
2
Median 3Y
7.8
Median 5Y
3.2
Industry
1.2
vs History
0
vs Industry
10
Median 3Y
16.4
Median 5Y
5.1
Industry
4.7
Forward
22
vs History
0
vs Industry
12
Median 3Y
17.1
Median 5Y
5.3
Industry
6.9
vs History
15
vs Industry
15
Median 3Y
36.5
Median 5Y
14.7
Industry
13.6
Forward
39.4
vs History
19
vs Industry
10
Median 3Y
40.8
Median 5Y
18.1
Industry
13.9
Forward
41.6
vs History
0
vs Industry
15
Median 3Y
11
Median 5Y
4.9
Industry
12
vs History
0
vs Industry
14
Median 3Y
12.7
Median 5Y
5
Industry
13.1
vs History
0
vs Industry
3
Median 3Y
4.8
Median 5Y
2.6
Industry
0.9

Multiples Across Competitors

BSE Competitors Multiples
BSE Ltd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
IN
BSE Ltd
NSE:BSE
889.7B INR 29.1 70.5 44.6 47.5
US
S&P Global Inc
NYSE:SPGI
155.7B USD 10.7 39.4 23.2 27.8
US
Intercontinental Exchange Inc
NYSE:ICE
102.4B USD 8.4 36.8 19.5 26.1
US
CME Group Inc
NASDAQ:CME
102.3B USD 10 28.6 12.5 13.1
US
Moody's Corp
NYSE:MCO
84.7B USD 11.7 40.2 25.5 29.3
UK
London Stock Exchange Group PLC
LSE:LSEG
60.1B GBP 6.8 87.7 15.3 35.3
HK
Hong Kong Exchanges and Clearing Ltd
HKEX:388
481B HKD 27.7 36.9 22.1 25.2
DE
Deutsche Boerse AG
XETRA:DB1
53.1B EUR 7.4 26.9 17 19.8
US
Coinbase Global Inc
NASDAQ:COIN
50.6B USD 7.7 19.6 19.6 20.7
US
Nasdaq Inc
NASDAQ:NDAQ
45.5B USD 5.8 35.6 19.9 25.7
CN
East Money Information Co Ltd
SZSE:300059
328.8B CNY 26 31.7 27.2 27.2