Absolute Core Strategy ETF (ABEQ) Valuation
ABEQ valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 16.8 trailing earnings
- Forward P/E
- 15.6 analyst estimates
- Price / sales
- 2.56
- Price / book
- 2.05
- EV / EBITDA
- 12.4
- Earnings yield
- 5.96% inverse of P/E
- Dividend yield
- 2.14% of the holdings
- Return on equity
- 12.2% combined
- Net margin
- 15.3% combined
- Beta
- 0.61 weighted, vs S&P 500
ABEQ valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| ABEQ | 16.8 | 15.6 | 2.56 | 2.05 | 2.14% | 12.2% | 15.3% | 5.3% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
ABEQ valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 21.1% | 13.1 | 16.2 | 1.89 | 1.38 | 0.21% | 10.5% |
| Industrials | 10.4% | 31.6 | 21.9 | 4.46 | 4.76 | 1.28% | 15.1% |
| Consumer Defensive | 6.4% | 13.4 | 16.4 | 2.81 | 7.29 | 3.21% | 54.5% |
| Communication Services | 6.1% | 11.7 | 8.7 | 1.34 | 1.86 | 6.32% | 15.9% |
| Healthcare | 6.0% | 23.3 | 14.9 | 3.23 | 2.27 | 3.04% | 9.8% |
| Energy | 4.7% | 12.3 | 10.1 | 3.15 | 2.33 | 2.58% | 19.0% |
| Real Estate | 3.4% | 41.3 | 32.7 | 5.87 | 1.16 | 5.48% | 2.8% |
| Utilities | 2.6% | 17.9 | 17.7 | 5.80 | 2.81 | 3.12% | 15.7% |
ABEQ earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How ABEQ weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
ABEQ largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| BRK.B | Berkshire Hathaway Inc. | 11.82% | 13.4 | 22.7 | 3.0 | — | 24.34% |
| L | Loews Corporation | 7.11% | 13.5 | 12.2 | 1.2 | 0.23% | 14.45% |
| FNV | Franco-Nevada Corporation | 7.08% | — | — | — | — | — |
| UL | Unilever PLC | 6.44% | 13.4 | 16.4 | 2.8 | 3.21% | 13.26% |
| MDT | Medtronic plc | 5.99% | 23.3 | 14.9 | 3.2 | 3.04% | 7.09% |
| EOG | EOG Resources, Inc. | 4.71% | 12.3 | 10.1 | 3.1 | 2.58% | 10.55% |
| VZ | Verizon Communications Inc. | 4.51% | 11.7 | 8.7 | 1.3 | 6.32% | 10.64% |
| RYN | Rayonier Inc. | 3.44% | 41.3 | 32.7 | 5.9 | 5.48% | 2.29% |
| HUBB | Hubbell Incorporated | 3.22% | 27.3 | 20.7 | 3.9 | 1.23% | 3.25% |
| APD | Air Products and Chemicals, Inc. | 3.21% | — | 19.9 | 5.3 | 2.42% | −0.06% |
| AEM | Agnico Eagle Mines Limited | 3.13% | — | — | — | — | — |
| EMR | Emerson Electric Co. | 2.87% | 35.3 | 21.5 | 4.9 | 1.37% | 2.24% |
| IEX | IDEX Corporation | 2.85% | 33.9 | 24.0 | 4.8 | 1.24% | 2.31% |
| NEE | NextEra Energy, Inc. | 2.61% | 17.9 | 17.7 | 5.8 | 3.12% | 4.02% |
| HONAV | Honeywell Aerospace Inc. Common Stock When Issued | 2.61% | — | — | — | — | — |
| TRV | The Travelers Companies, Inc. | 2.13% | 10.5 | 10.8 | 1.7 | 1.28% | 5.61% |
| 0VD0 | UNIV.MUSIC GRP.ADR/050 | 1.57% | — | — | — | — | — |
| FER | Ferrovial S.A. | 1.49% | — | — | — | — | — |
| DASTY | Dassault Systemes SA | 1.23% | — | — | — | — | — |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About ABEQ valuation
Adding up its 13 holdings with company data, ABEQ trades at 16.8 times trailing earnings and 15.6 times analysts' forward estimates, with a price-to-book ratio of 2.05 and a dividend yield of 2.14%. Its earnings yield of 5.96% is 0.63 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 57.5% of the fund and earn 88.1% of its combined profit. By sector, Real Estate is the most expensive at 41.3 times earnings and Communication Services the cheapest at 11.7. Companies that lost money over the past year are 5.3% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 78.1% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: ABEQ chart, ABEQ performance, ABEQ holdings, ABEQ dividends.
ABEQ valuation FAQ
What is the P/E ratio of ABEQ?
Based on its holdings, ABEQ has a trailing P/E of 16.8 and a forward P/E of 15.6 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of ABEQ?
The trailing earnings yield is 5.96% (1 ÷ P/E) and the forward earnings yield 6.40%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is ABEQ more expensive than the S&P 500?
ABEQ trades at 16.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 15.6 and 19.9.
What is the price-to-book ratio of ABEQ?
The holdings of ABEQ trade at 2.05 times book value, with a combined return on equity of 12.2%.
Which sector in ABEQ has the highest P/E?
Real Estate has the highest P/E at 41.3 and Communication Services the lowest at 11.7.