CBOE vs. PAYP: Cboe Global Markets vs. PayPay Stock Comparison

Company Profile

Cboe Global Markets (CBOE) and PayPay (PAYP) both fall under the Financial Services industry group, but CBOE is classified in Capital Markets while PAYP is classified in Financial Services.

Cboe Global Markets (CBOE) has been public since June 15, 2010 with a meaningfully longer listed history, while PayPay (PAYP) only listed on March 12, 2026 — long-window metrics on the PAYP side should be interpreted with caution.

Cboe Global Markets (CBOE) trades as ordinary local shares, while PayPay (PAYP) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Price Performance

Cumulative Growth

Trailing Returns

Calendar-Year Returns

Performance Metrics

Risk Profile

Drawdown History

Return Distribution

Risk Metrics

Risk-Adjusted Performance

Risk-Return Positioning

Both CBOE and PAYP need 1-year volatility and 1-year return to plot risk-return positioning.

Risk-Adjusted Metrics

Profitability

Cboe Global Markets (CBOE) at 27.39% sits in the top ROE quartile, while PayPay (PAYP) at 18.80% is closer to the peer norm — stronger capital efficiency for CBOE.

Both Cboe Global Markets (CBOE) at 28.05% and PayPay (PAYP) at 15.85% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

Both Cboe Global Markets (CBOE) at 35.29% and PayPay (PAYP) at 32.79% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

Profitability Metrics

Growth

Both Cboe Global Markets (CBOE) at 15.13% and PayPay (PAYP) at 25.85% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

PayPay (PAYP) at 230.06% clears its industry range for EPS growth, a much stronger earnings trajectory than Cboe Global Markets (CBOE) at 44.52%, which is closer to a typical peer reading.

Growth Metrics

Financial Strength

current ratio doesn’t apply on either side: Cboe Global Markets (CBOE) in Financial Services and PayPay (PAYP) in Financial Services both report balance sheets without a current/non-current split, so their short-term liquidity is better judged through regulatory and funding measures.

debt-to-equity ratio is set aside for both: Cboe Global Markets (CBOE) in Financial Services and PayPay (PAYP) in Financial Services run businesses where balance-sheet leverage is part of the model, so capital-adequacy and funding measures are the better gauges of balance-sheet risk.

Financial Strength Metrics

Dividends

PayPay (PAYP) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Cboe Global Markets (CBOE) reports a yield of 0.86%, ranking against industry peers normally.

PayPay (PAYP) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Cboe Global Markets (CBOE) reports a payout of 21.49%, ranking against industry peers normally.

Dividend Metrics

Valuation

PayPay (PAYP) at 23.30 is near its industry’s usual P/E ratio, while Cboe Global Markets (CBOE) at 25.14 sits in the richer quartile — CBOE needs stronger growth or earnings quality to justify the premium.

PayPay (PAYP) at 0.02 looks cheap on sales in the lower P/S ratio quartile, while Cboe Global Markets (CBOE) at 6.98 looks rich in the upper quartile — a clear gap in price per dollar of revenue.

Both Cboe Global Markets (CBOE) at 6.22 and PayPay (PAYP) at 3.75 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.

Valuation Metrics