S&P Global Inc. (SPGI) Stock Valuation — PE Analysis
Financial - Data & Stock Exchanges · NYSE
Current Price
$418.91
PE Ratio (TTM)
26.1x
Intrinsic Value
$524.72
+20.2% margin of safety
COMPETITIVE MOAT
↑Dominant Index Provider
S&P Dow Jones Indices holds a near-monopoly in benchmark index creation and maintenance. This creates a powerful network effect and high switching costs for asset managers reliant on these benchmarks.
↑Data and Analytics Ecosystem
SPGI's extensive data, analytics, and ratings services are deeply integrated into financial workflows. This sticky ecosystem makes it difficult for competitors to replicate the breadth and depth of their offerings.
↑Brand and Reputation
The S&P brand is synonymous with financial market data and analysis. This established trust and recognition provide a significant competitive advantage and barrier to entry.
INVESTMENT RISKS
↓Regulatory Scrutiny
As a key player in financial markets, SPGI faces potential regulatory changes that could impact its index methodologies or data practices. This could lead to increased compliance costs or altered business models.
↓Technological Disruption
Emerging technologies could challenge traditional data provision and index calculation methods. SPGI must continuously invest in innovation to maintain its competitive edge against agile fintech firms.
↓Competition in Data Services
While indices are a strong moat, the broader data and analytics market is competitive. New entrants or established players expanding their offerings could erode market share in specific segments.
Base case
SPGI base case PE valuation
A base case PE valuation for SPGI estimates a fair value of about $524.72 per share, against a current price of $418.91. The model assumes 11.2% annual earnings growth, a 26x target PE multiple, and a 10% discount rate.
Intrinsic Value
$524.72
Margin of safety
+20.2%
Expected annual return
+4.6%
Base case assumptions: 11.2% annual earnings growth, 26x target PE, 10% discount rate, 5 year projection. Data as of 2026-06-12.
This base case uses default assumptions and is not financial advice. The fair value changes significantly when the target PE or earnings growth rate changes. Open the calculator to set your own assumptions and see the full sensitivity range.
Customize the SPGI PE valuation
Adjust the target PE, earnings growth, and discount rate to see how the fair value and margin of safety for S&P Global Inc. respond.
Open PE Calculator for SPGICompany Overview
S&P Global Inc., through its affiliated entities, delivers crucial services like credit assessments, market benchmarks, advanced analytics, and comprehensive workflow tools. Their reach extends across the worldwide capital, commodity, and automotive industries. The company is structured into six key operating segments: S&P Global Ratings, S&P Dow Jones Indices, S&P Global Commodity Insights, S&P Global Market Intelligence, S&P Global Mobility, and S&P Global Engineering Solutions. S&P Global Ratings functions as an independent authority, supplying credit assessments, research, and analytical insights. It equips investors and other market players with essential data, ratings, and comparative metrics. S&P Dow Jones Indices specializes in crafting and upholding diverse valuation and index benchmarks. These are vital resources for investment advisors, wealth managers, and large institutional investors. S&P Global Commodity Insights delivers critical data and intelligence pertaining to global energy and commodity markets, empowering clients to make informed decisions. S&P Global Market Intelligence provides advanced data and technological tools, furnishing customers with insights crucial for strategic choices. Its extensive portfolio encompasses end-to-end workflow solutions, addressing areas such as capital structuring, data dissemination, ESG practices, leveraged finance, private equity, industry-specific analysis, supply chain management, issuer support, and comprehensive credit, risk, and regulatory compliance solutions. S&P Global Mobility leverages unparalleled automotive data to generate foresight, helping clients foresee market shifts and execute sound business decisions. S&P Global Engineering Solutions supplies specialized engineering knowledge and remedies across various sectors, including aerospace, defense, energy, architecture, construction, and transportation. Its offerings enable both business and technical leaders to optimize processes and make effective determinations. Established in 1860, S&P Global Inc. maintains its primary corporate offices in New York, New York.
Financial Metrics — SPGI PE Stock Valuation Data
PE Ratio (TTM)
26.1x
PEG Ratio
1.09
Earnings Yield
3.84%
ROE (TTM)
14.8%
Revenue/Share (TTM)
$52.91
Dividend Yield
0.92%
Debt/Equity
0.44x
Frequently Asked Questions
What is the PE ratio of SPGI?
The trailing twelve-month PE ratio of SPGI reflects how much investors pay per dollar of S&P Global Inc.'s earnings. This metric is most useful when compared to Financial - Data & Stock Exchanges peers and the company's own historical range.
Is SPGI overvalued based on PE ratio?
SPGI's PE of 26.1x combined with a PEG ratio of 1.09 provides a growth-adjusted perspective. A PEG near 1.0 suggests the PE ratio is reasonably justified by the earnings growth rate. Keep in mind that PE-based valuation works best for profitable, mature companies — for high-growth or cyclical Financial - Data & Stock Exchanges, a DCF analysis may be more appropriate.
How do I value SPGI stock using PE ratio?
To value S&P Global Inc. using PE: (1) Compare the current PE (26.1x) against the Financial - Data & Stock Exchanges median to assess relative pricing, (2) check the PEG ratio (1.09) to adjust for growth expectations, (3) review the 5-year PE range to identify where the stock sits historically, and (4) estimate fair value by multiplying a target PE by forward EPS estimates. This relative approach complements DCF's absolute valuation.
What is the PEG ratio of SPGI?
SPGI's PEG ratio is 1.09, calculated by dividing the PE ratio (26.1x) by the expected earnings growth rate. A PEG near 1.0 suggests the stock is fairly priced relative to growth. Note that PEG accuracy depends on the reliability of growth estimates.
Should I use PE ratio or DCF for SPGI stock valuation?
PE ratio gives a quick relative read — how SPGI is priced versus Financial - Data & Stock Exchanges peers. DCF provides an absolute value based on projected free cash flows. For the most reliable valuation, use PE as a quick comparability screen and DCF for a deeper fundamental analysis. Each method has blind spots: PE ignores capital structure and cash flow quality, while DCF is sensitive to growth and discount rate assumptions.
Learn More
- See SPGI DCF Valuation → — Intrinsic value via Discounted Cash Flow analysis
- PE Methodology — Step-by-step guide to PE ratio stock valuation
- DCF Methodology — Guide to discounted cash flow analysis
- PE Ratio — Understanding the price-to-earnings ratio
- Intrinsic Value — How to evaluate stock fair value
Related PE Valuations
All Financial Services valuationsP/E and DCF value SPGI with different methods and assumptions, so the two conclusions can differ. Compare the DCF intrinsic value.
Price as of 2026-06-12. Financial data from Financial Modeling Prep (trailing twelve months) · Valuation methodology by Charlie Wang.
This is an estimate, not investment advice.