ASX vs Cboe Global Markets Which Is More Favorable?

ASX and Cboe Global Markets are two prominent stock exchanges that play a significant role in the global financial markets. The ASX, based in Australia, is one of the largest stock exchanges in the Asia-Pacific region, while Cboe Global Markets, based in the United States, is a major player in the global financial industry. Both exchanges offer a wide range of investment opportunities for traders and investors, but have distinct characteristics and market dynamics that differentiate them from each other. In this comparison, we will explore the key differences and similarities between ASX and Cboe Global Markets stocks.

ASX or Cboe Global Markets?

When comparing ASX and Cboe Global Markets, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between ASX and Cboe Global Markets.

Dividend Investors:

Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company. ASX has a dividend yield of 3.18%, while Cboe Global Markets has a dividend yield of 0.59%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. ASX reports a 5-year dividend growth of -1.52% year and a payout ratio of 89.32%. On the other hand, Cboe Global Markets reports a 5-year dividend growth of 12.60% year and a payout ratio of 30.95%.

Value Investors:

Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with ASX P/E ratio at 29.03 and Cboe Global Markets's P/E ratio at 26.84. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. ASX P/B ratio is 3.40 while Cboe Global Markets's P/B ratio is 4.98.

Growth Investors:

Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, ASX has seen a 5-year revenue growth of 0.40%, while Cboe Global Markets's is 0.44%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with ASX's ROE at 11.85% and Cboe Global Markets's ROE at 19.22%.

Retail Investors:

Retail investors often consider stock affordability and company familiarity. For example, day low prices are $43.06 for ASX and $195.94 for Cboe Global Markets. Over the past year, ASX's prices ranged from $36.16 to $46.27, with a yearly change of 27.96%. Cboe Global Markets's prices fluctuated between $166.13 and $216.95, with a yearly change of 30.59%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.