Is Intercontinental Exchange, Inc. overvalued or undervalued?

As of 31 October 2025, the valuation grade for Intercontinental Exchange, Inc. moved from expensive to fair. The company appears fairly valued based on its current metrics. Key ratios include a P/E ratio of 40, an EV to EBITDA of 18.35, and a Price to Book Value of 4.10. In comparison, peers such as Morgan Stanley have a P/E of 18.52, while The Goldman Sachs Group, Inc. shows a significantly higher P/E of 41.63, indicating that Intercontinental Exchange is positioned reasonably within its industry.
Despite the recent downturn in stock performance, with a year-to-date return of -1.36% compared to the S&P 500's 16.30%, the company's long-term performance over three years shows a return of 53.95%, although this still lags behind the S&P 500's 76.66%. This suggests that while the stock may be fairly valued, its recent performance may warrant caution for potential investors.