CBOENEUTRAL

CBOE EV/EBITDA Analysis

15.5x

Updated 294h ago·SEC filings & market data

Key Takeaway

EV/EBITDA measures a company’s total value (including debt) relative to its operating earnings, so a 15.5x level means investors pay $15.50 for each dollar of EBITDA.

Sector Performance

58th percentile

CBOE

15.5x

Sector Median

13.6x

Sector Avg

-30.9x

Prior Period

14.9x(Aug 2026)

↓ Declining

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Deep Analysis

EV/EBITDA measures a company’s total value (including debt) relative to its operating earnings, so a 15.5x level means investors pay $15.50 for each dollar of EBITDA.

That is above the sector median of 13.6x, placing CBOE at the 58th percentile among peers, which indicates a slightly higher valuation than a typical sector company. The current 15.5x is stable versus the last eight quarters, with a year-over-year decline of 1.4% and a quarter-over-quarter increase of 4.2%; the recent values (15.5x, 14.9x, 15.8x, 16.6x, 15.7x) show no clear direction. The combination of a modestly above-median valuation and a flat trend suggests limited near-term re-rating pressure, but also no compelling valuation discount, so the risk/opportunity profile is roughly balanced. This metric supports the overall NEUTRAL verdict, as the level is slightly high while the stability offers no fresh signal for a bullish or bearish stance.

Frequently Asked Questions

What does the EV/EBITDA tell investors about CBOE?

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.

How is the EV/EBITDA calculated?

EV/EBITDA is calculated as: Enterprise Value / EBITDA.

Who are CBOE's closest peers by EV/EBITDA?

The closest peers by EV/EBITDA include: SMTC (76.6x), SHOP (80.2x), OKTA (83.5x), TEAM (101.4x), STEM (102.7x).

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Learn More About EV/EBITDA

EV/EBITDA Explained: The Valuation Metric Pro Investors Actually Use

Learn what EV/EBITDA is, why it beats P/E for capital-heavy companies, typical sector ranges, and key limitations every serious investor should know.

The Formula

Enterprise Value / EBITDA

Why It Matters

A valuation multiple preferred by analysts for capital-intensive or leveraged businesses. Useful for cross-sector comparisons where earnings can be distorted by debt.