MKTX Marketaxess Holdings PE ratio, current and historical analysis
- Stocks
- Financial Services
- NASDAQ: MKTX
- PE Ratio
As of Jul 7, 2025, the Marketaxess Holdings stock's PE ratio is 38.53. This takes into account the latest EPS of $5.76 and stock price of $221.95. The PE ratio has grown by 17% from its last 4 quarters average of 33.0.
MKTX PE ratio history
The PE ratio of Marketaxess Holdings has averaged 48.64 over the last ten years. The current P/E ratio of 38.53 is 21% lower than the historical average. Looking back at the last ten years, MKTX's PE ratio peaked in the Dec 2020 quarter at 71.23, when the price was $570.56 and the EPS was $8.01. The lowest point was in the Jun 2024 quarter, when it reached 28.85 with a price of $200.53 and an EPS of $6.95.
Marketaxess Holdings PE ratio by year
Maximum annual increase: 51.89% in 2013
Maximum annual decrease: -30.16% in 2022
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 31.01 | -27.26% | $226.04 | $7.29 |
| 2023 | 42.63 | 2.11% | $292.85 | $6.87 |
| 2022 | 41.75 | -30.16% | $278.89 | $6.68 |
| 2021 | 59.78 | -16.07% | $411.27 | $6.88 |
| 2020 | 71.23 | 3.89% | $570.56 | $8.01 |
| 2019 | 68.56 | 51.85% | $379.11 | $5.53 |
| 2018 | 45.15 | -10.04% | $211.31 | $4.68 |
| 2017 | 50.19 | 16.83% | $201.75 | $4.02 |
| 2016 | 42.96 | 0.87% | $146.92 | $3.42 |
| 2015 | 42.59 | 20.55% | $111.59 | $2.62 |
| 2014 | 35.33 | 8.74% | $71.71 | $2.03 |
| 2013 | 32.49 | 51.89% | $66.93 | $2.06 |
| 2012 | 21.39 | -8.35% | $35.3 | $1.65 |
| 2011 | 23.34 | -3.55% | $30.11 | $1.29 |
| 2010 | 24.2 | -23.39% | $20.81 | $0.86 |
Marketaxess Holdings PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 37.56 | 21.12% | $216.35 | $5.76 |
| Dec 2024 | 31.01 | -10.69% | $226.04 | $7.29 |
| Sep 2024 | 34.72 | 20.35% | $256.2 | $7.38 |
| Jun 2024 | 28.85 | -10.12% | $200.53 | $6.95 |
| Mar 2024 | 32.1 | -24.7% | $219.25 | $6.83 |
| Dec 2023 | 42.63 | 31.9% | $292.85 | $6.87 |
| Sep 2023 | 32.32 | -16.92% | $213.64 | $6.61 |
| Jun 2023 | 38.9 | -31.41% | $261.42 | $6.72 |
| Mar 2023 | 56.71 | 35.83% | $391.29 | $6.9 |
| Dec 2022 | 41.75 | 21.61% | $278.89 | $6.68 |
| Sep 2022 | 34.33 | -13.64% | $222.49 | $6.48 |
| Jun 2022 | 39.75 | -24.63% | $256.01 | $6.44 |
| Mar 2022 | 52.74 | -11.78% | $340.2 | $6.45 |
| Dec 2021 | 59.78 | 5.58% | $411.27 | $6.88 |
| Sep 2021 | 56.62 | -5.96% | $420.69 | $7.43 |
MKTX Price vs fair value
MKTX average PE ratio chart
The current PE ratio of MKTX is higher than its 3-year average, but it is lower than its 5 and 10-year averages.
MKTX PE vs peers
MKTX's PE ratio stands higher than its peer stocks SF and EVR. Marketaxess Holdings is currently trading at a higher PE ratio (38.53) than its peers average of 17.24.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OPY Oppenheimer Holdings Inc | 9.18 | $709.42M |
| LAZ Lazard Ltd | 15.76 | $5.62B |
| SF Stifel Financial Corp | 19.16 | $11.04B |
| EVR Evercore Inc | 24.94 | $11.01B |
| MKTX Marketaxess Holdings Inc | 38.55 | $8.33B |
Frequently asked questions
What is Marketaxess Holdings's PE ratio?
The price to earnings ratio for MKTX stock is 38.53 as of Jul 7, 2025.
What is the 3-year average PE ratio for Marketaxess Holdings (MKTX)?
The average PE ratio for MKTX stock over the past 3 years is 37.35.
What is the 5-year average PE ratio for Marketaxess Holdings (MKTX)?
The average PE ratio for MKTX stock over the past 5 years is 46.16.
What is the highest PE ratio for MKTX?
Over the last ten years, the Dec 2020 quarter recorded the highest quarterly PE ratio at 71.23.
How does the current PE ratio for MKTX compare to its historical average?
MKTX's price to earnings ratio is currently 21% below its 10-year historical average.
How is MKTX's PE ratio calculated (Marketaxess Holdings PE ratio formula)?
You can calculate the P/E ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Jul 7, 2025), Marketaxess Holdings's share price is $221.95. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $5.76. Therefore, Marketaxess Holdings's PE ratio for today is 38.53. PE RATIO(38.53) = STOCK PRICE($221.95) / TTM EPS($5.76)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.