Intercontinental Exchange Inc. (ICE) Valuation
Historical valuation analysis based on 1279 data points (2021-09-14 to 2026-10-16)
Intercontinental Exchange is a vertically integrated operator of financial exchanges and provides ancillary data products. Though the company is probably best known for its ownership of the New Yor...
Intercontinental Exchange Inc. (ICE) currently trades at a P/E ratio of 22.46 (historical range: 12.52–43.66, median: 28.78), placing it at the 22th percentile — below its historical average, P/S ratio of 6.76 (range: 5.27–8.91, 34th percentile — below its historical average), EV/EBITDA of 19.84 (range: 16.04–28.55, 16th percentile).
Over the historical period (2021-09-14 to 2026-10-16), Intercontinental Exchange Inc.'s P/E ratio has expanded by 20% over the observed period (from an average of 26.2 to 31.4).
Intercontinental Exchange Inc. trades well below its historical valuation range across most metrics.
Historical Valuation Metrics
| Metric | Current | Median | %ile | Assessment |
|---|---|---|---|---|
| P/E Ratio | 22.46 | 28.78 | 22th | below its historical average |
| P/S Ratio | 6.76 | 7.40 | 34th | below its historical average |
| EV/EBITDA | 19.84 | 23.18 | 16th | cheap relative to its history |
| FCF Yield | 5.60% | 4.86% | 83th | cheap relative to its history |
Intercontinental Exchange Inc. (ICE) Valuation & P/E History
Intercontinental Exchange Inc. (ICE) is a US-listed stock operating in the Financial Services sector, specifically the Security & Commodity Brokers, Dealers, Exchanges & Services industry currently trading at $161.62 with a market capitalization of $90.7 billion. This page provides historical valuation analysis for ICE based on 1279 data points covering 2021-09-14 to 2026-10-16. The P/E ratio of 22.46 is below the historical median of 28.78, placing ICE at the 22th percentile of its valuation range. The P/S ratio of 6.76 compares to a median of 7.40.
ICE Valuation Metrics & Historical Range
The valuation table above shows Intercontinental Exchange Inc.'s current and historical valuation multiples, including P/E ratio, P/S ratio, EV/EBITDA, FCF yield, and dividend yield. Each metric is compared to its own historical range to determine whether ICE is currently trading above or below its typical valuation levels.
- P/E ratio: Price-to-earnings measures how much investors pay per dollar of earnings. A P/E above the historical median suggests ICE is expensively valued; below the median suggests it is cheap.
- P/S ratio: Price-to-sales is useful for companies with volatile or negative earnings. Lower P/S relative to history may indicate value.
- EV/EBITDA: Enterprise value to EBITDA adjusts for debt and cash, providing a capital-structure-neutral valuation measure for Intercontinental Exchange Inc..
- FCF yield: Free cash flow yield shows the cash return relative to market price. Higher yields may indicate undervaluation.
Is ICE Overvalued or Undervalued?
Intercontinental Exchange Inc. trades well below its historical valuation range across most metrics. The overall valuation percentile of 24 combines P/E, P/S, and EV/EBITDA percentiles into a single measure of how expensive ICE is relative to its own history. A percentile below 25 suggests the stock may be undervalued, while a percentile above 75 suggests it may be overvalued.
However, valuation is only one factor in investment decisions. A stock can remain "overvalued" for years if growth accelerates, or "undervalued" if the business deteriorates. Always combine valuation analysis with financial statement analysis and the full ICE analysis page for a complete picture.
Valuation data is computed from historical price and fundamental data via Polygon.io and Finnhub.ICE trades on NYSE. This page is for informational purposes only and is not financial advice.