S&P Global Inc. (SPGI)

Services-Consumer Credit Reporting, Collection Agencies

Latest Price

$466.55

TTM P/E

27.74

Normalized P/E

38.06

TTM Div Yield

0.83%

Fwd Div Yield

0.83%

Book Value

66.86

P/B Ratio

6.98

Valuation metrics

EPS: $14.66

Book value / share: $104.17

Formula: √(22.5 × EPS × BVPS)

Graham Number

$185.37

60% downside

Norm. op. income: $4.1B (median of 6yr)

Tax rate: 22%

Discount rate: 10%

Growth assumption: zero (EPV is a no-growth value)

Earnings Power Value

$67.98

85% downside

Base FCF: $3.6B (median of recent 5yr)

Growth: 25%/yr (median YOY, capped at 25%)

Discount rate: 10%

Terminal growth: 3%

Projection horizon: 10 years

DCF Fair Value

$847.27

+84% upside

EPS: $14.66

Target P/E: 38×

Formula: EPS × P/E

P/E Fair Value

$557.08

+21% upside

89.6% held by institutions

Institution	Shares	Value	Ownership %	Change	Filing Date
BlackRock, Inc.	23.98M	$9.77B	8.27%	-89.9K	2026-06-30
Vanguard Capital Management LLC	19.30M	$7.86B	6.66%	-81.6K	2026-06-30
State Street Corp	14.48M	$5.90B	5.00%	+307.3K	2026-06-30
Tci Fund Management Ltd	14.08M	$5.74B	4.86%	+46.6K	2026-06-30
Morgan Stanley	7.31M	$2.98B	2.52%	-598.9K	2026-06-30
Geode Capital Management, LLC	6.90M	$2.80B	2.38%	-14.3K	2026-06-30
Vanguard Portfolio Management LLC	6.27M	$2.55B	2.16%	-494.0K	2026-06-30
Wellington Management Group LLP	5.33M	$2.17B	1.84%	-735.2K	2026-06-30
Eagle Capital Management LLC	4.07M	$1.66B	1.40%	+2.64M	2026-06-30
Norges Bank	3.87M	$1.57B	1.33%	-723.7K	2026-06-30