CBOE vs. TPG: Cboe Global Markets vs. TPG Stock Comparison
How do Cboe Global Markets (CBOE) and TPG (TPG) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Cboe Global Markets (CBOE) and TPG (TPG) both belong to the Capital Markets industry, though CBOE is classified under Financial Exchanges & Data while TPG falls under Asset Management & Custody Banks.
| Profile Item | CBOE | TPG |
|---|---|---|
| Name | Cboe Global Markets Inc. | TPG Inc. Class A Common Stock |
| Country/Region | United States | United States |
| GICS Sector | Financials | Financials |
| GICS Industry Group | Financial Services | Financial Services |
| GICS Industry | Capital Markets | Capital Markets |
| GICS Sub-Industry | Financial Exchanges & Data | Asset Management & Custody Banks |
| Market Capitalization | 36.86 billion USD | 17.90 billion USD |
| Currency | USD | USD |
| Exchange | Cboe | Nasdaq |
| Listing Date | June 15, 2010 | January 13, 2022 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CBOE | TPG |
|---|---|---|
| Total Return (1Y) | 38.97% | -7.34% |
| Total Return (3Y, Annualized) | 27.34% | 21.01% |
| Total Return (5Y, Annualized) | 23.42% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
TPG (TPG) has an aggressive beta of 1.45, indicating higher sensitivity to broad-market moves, while Cboe Global Markets (CBOE) is defensive at 0.35 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.
| Metric | CBOE | TPG |
|---|---|---|
| Volatility (1Y, Annualized) | 36.53% | 41.32% |
| Beta (5Y) | 0.35 | 1.45 |
| Max Drawdown (5Y) | -36.73% | -44.85% |
| Avg. Volume (3M) | 1.14M | 2.82M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CBOE | TPG |
|---|---|---|
| Sharpe Ratio (1Y) | 0.95 | -0.28 |
| Sortino Ratio (1Y) | 1.37 | -0.40 |
Profitability
ROE (TTM)
Cboe Global Markets (CBOE) at 27.39% sits in the top ROE quartile, while TPG (TPG) at 19.19% is closer to the peer norm — stronger capital efficiency for CBOE.
CBOE
Financial Services industry group
27.39%
- Max
- 44.78%
- CBOE
- 27.39%
- Q3
- 21.85%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
TPG
Financial Services industry group
19.19%
- Max
- 44.78%
- Q3
- 21.85%
- TPG
- 19.19%
- Median
- 12.91%
- Q1
- 4.48%
- Min
- -18.71%
Net Margin (TTM)
Both Cboe Global Markets (CBOE) at 28.05% and TPG (TPG) at 5.78% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
CBOE
Financial Services industry group
28.05%
- Max
- 62.84%
- Q3
- 28.05%
- CBOE
- 28.05%
- Median
- 15.36%
- Q1
- 4.82%
- Min
- -28.52%
TPG
Financial Services industry group
5.78%
- Max
- 62.84%
- Q3
- 28.05%
- Median
- 15.36%
- TPG
- 5.78%
- Q1
- 4.82%
- Min
- -28.52%
Operating Margin (TTM)
Both Cboe Global Markets (CBOE) at 35.29% and TPG (TPG) at 16.57% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
CBOE
Financial Services industry group
35.29%
- Max
- 107.33%
- Q3
- 55.90%
- CBOE
- 35.29%
- Median
- 30.09%
- Q1
- 14.60%
- Min
- -44.34%
TPG
Financial Services industry group
16.57%
- Max
- 107.33%
- Q3
- 55.90%
- Median
- 30.09%
- TPG
- 16.57%
- Q1
- 14.60%
- Min
- -44.34%
Profitability Metrics
| Metric | CBOE | TPG |
|---|---|---|
| ROE (TTM) | 27.39% | 19.19% |
| ROA (TTM) | 11.84% | 5.36% |
| Net Margin (TTM) | 28.05% | 5.78% |
| Operating Margin (TTM) | 35.29% | 16.57% |
| Gross Margin (TTM) | -- | -- |
Growth
Revenue Growth
TPG (TPG) at 27.03% sits in the top revenue growth quartile, while Cboe Global Markets (CBOE) at 15.13% is closer to the peer norm — faster top-line expansion for TPG.
EPS Growth
Only one side can be read here: Cboe Global Markets (CBOE) reports EPS growth of 44.52%, ranked against its industry; TPG (TPG) has no EPS growth figure this period.
Growth Metrics
| Metric | CBOE | TPG |
|---|---|---|
| Revenue Growth (YoY) | 15.13% | 27.03% |
| Revenue Growth (3Y CAGR) | 6.00% | 29.51% |
| EPS Growth (YoY) | 44.52% | -- |
| EPS Growth (3Y CAGR) | 68.19% | -- |
Financial Strength
Current Ratio (MRQ)
current ratio doesn’t apply on either side: Cboe Global Markets (CBOE) in Financial Services and TPG (TPG) 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 / Equity (MRQ)
debt-to-equity ratio is set aside for both: Cboe Global Markets (CBOE) in Financial Services and TPG (TPG) 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
| Metric | CBOE | TPG |
|---|---|---|
| Current Ratio (MRQ) | -- | -- |
| Debt / Equity (MRQ) | -- | -- |
| Net Debt / EBITDA | -- | -- |
Dividends
Dividend Yield (TTM)
TPG (TPG) at 5.01% delivers top-quartile income for its industry, while Cboe Global Markets (CBOE) at 0.86% pays a more typical yield — both are credible income propositions, TPG the richer one.
CBOE
Financial Services industry group
0.86%
- Max
- 9.77%
- Q3
- 3.92%
- Median
- 1.09%
- CBOE
- 0.86%
- Q1
- 0.00%
- Min
- 0.00%
TPG
Financial Services industry group
5.01%
- Max
- 9.77%
- TPG
- 5.01%
- Q3
- 3.92%
- Median
- 1.09%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
TPG (TPG) reports payout ratio above 100% at 254.55%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Cboe Global Markets (CBOE) reports 21.49%, ranking against industry peers normally.
CBOE
Financial Services industry group
21.49%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- CBOE
- 21.49%
- Q1
- 0.00%
- Min
- 0.00%
TPG
Financial Services industry group
254.55%
- TPG
- 254.55%
- Max
- 241.07%
- Q3
- 97.36%
- Median
- 25.77%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CBOE | TPG |
|---|---|---|
| Dividend Yield (TTM) | 0.86% | 5.01% |
| Dividend Payout Ratio (TTM) | 21.49% | 254.55% |
Valuation
P/E Ratio (TTM)
Both look expensive on trailing earnings: Cboe Global Markets (CBOE) at 25.14 sits in the richer P/E ratio quartile, and TPG (TPG) at 52.84 is richer still, above its industry range.
CBOE
Financial Services industry group
25.14
- Max
- 45.85
- CBOE
- 25.14
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
TPG
Financial Services industry group
52.84
- TPG
- 52.84
- Max
- 45.85
- Q3
- 24.64
- Median
- 15.37
- Q1
- 9.68
- Min
- 0.16
P/S Ratio (TTM)
TPG (TPG) at 3.85 is priced about in line with its industry on P/S ratio, while Cboe Global Markets (CBOE) at 6.98 sits in the pricier quartile — CBOE costs more per dollar of sales.
CBOE
Financial Services industry group
6.98
- Max
- 9.23
- CBOE
- 6.98
- Q3
- 4.57
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
TPG
Financial Services industry group
3.85
- Max
- 9.23
- Q3
- 4.57
- TPG
- 3.85
- Median
- 2.72
- Q1
- 1.28
- Min
- -0.55
P/B Ratio (MRQ)
Both Cboe Global Markets (CBOE) at 6.22 and TPG (TPG) at 5.97 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
CBOE
Financial Services industry group
6.22
- Max
- 7.79
- CBOE
- 6.22
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
TPG
Financial Services industry group
5.97
- Max
- 7.79
- TPG
- 5.97
- Q3
- 3.63
- Median
- 1.57
- Q1
- 0.81
- Min
- -0.39
Valuation Metrics
| Metric | CBOE | TPG |
|---|---|---|
| P/E Ratio (TTM) | 25.14 | 52.84 |
| P/S Ratio (TTM) | 6.98 | 3.85 |
| P/B Ratio (MRQ) | 6.22 | 5.97 |
| Free Cash Flow Yield (TTM) | -- | -- |