SPGI

NYSE

S&P Global Inc.

Financials, Financial Exchanges & Data

$408.19

close 7 Aug 2026

-22.38%

52-week change

$120.82B

market cap

$361.03

$547.82

52-week range

Expected price

$578.89 – $707.53

Current price

$408.19

Signal

Could be undervalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)27.29x

P/S (TTM)7.68x

P/B3.88x

EV/EBITDA (TTM)16.36x

FCF yield (TTM)4.60%

PEG (TTM, GAAP)2.12

Context

P/E, own 5-year average41.29x

P/E, sector median16.04x*

Price at 5-year median P/E$641.86*

Indicated dividend yield0.90%

Forward — analyst consensus

Forward P/E (FY2026)22.89x*

Forward P/E (FY2027)20.19x

Forward PEG1.71*

Consensus EPS FY2026 (16 analysts)$17.83

EPS growth (FY2026→FY2027)13.38%

Revenue growth (FY2026)-4.56%

Street view

Price target (mean)$516.95*

Target upside26.64%

Ratings (buy / hold / sell)23 / 1 / 0

FY2026 EPS revisions, 30d (up / down)0 / 13

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

Dividend yield

period to 31 Mar 2026, filed 28 Apr 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

5Y CAGR +9.34%10Y CAGR +38.05%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$408.19

Cash & equivalents$1.81B

Total debt$13.32B

Shares outstanding296.00M

Result

DCF price per share$557.84

Current price$408.19

Margin of safety+36.66%

PV of years 1–10$59.50B

PV of terminal value$117.13B

Equity value$165.12B

Market-implied growth+5.64%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$6.07B	$6.64B	$7.26B	$7.94B	$8.68B	$9.49B	$10.38B	$11.35B	$12.41B	$13.57B	$252.88B
PV	$5.62B	$5.69B	$5.77B	$5.84B	$5.91B	$5.98B	$6.06B	$6.13B	$6.21B	$6.29B	$117.13B

period to 31 Mar 2026, filed 28 Apr 2026, close 7 Aug 2026