Harbor ETF (AESG) Valuation
AESG valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 29.5 trailing earnings
- Forward P/E
- 15.2 analyst estimates
- Price / sales
- 1.41
- Price / book
- 3.05
- EV / EBITDA
- 11.1
- Earnings yield
- 3.39% inverse of P/E
- Dividend yield
- 0.80% of the holdings
- Return on equity
- 10.3% combined
- Net margin
- 4.8% combined
- Beta
- 1.27 weighted, vs S&P 500
AESG valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| AESG | 29.5 | 15.2 | 1.41 | 3.05 | 0.80% | 10.3% | 4.8% | 14.3% |
| 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.
AESG valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Healthcare | 23.9% | 39.1 | 19.2 | 2.97 | 4.88 | 0.01% | 12.5% |
| Technology | 21.8% | 43.5 | 19.0 | 2.59 | 4.13 | 0.38% | 9.5% |
| Financial Services | 14.7% | 13.6 | 10.4 | 0.54 | 2.03 | 1.17% | 14.9% |
| Industrials | 12.2% | n/m | 15.7 | 1.84 | 3.13 | 1.11% | −9.4% |
| Consumer Cyclical | 10.3% | 17.2 | 13.7 | 1.19 | 3.47 | 1.03% | 20.2% |
| Communication Services | 3.9% | 16.2 | 9.7 | 1.15 | 2.53 | 0.30% | 15.6% |
| Basic Materials | 3.7% | 55.6 | 12.6 | 0.85 | 2.72 | 0.61% | 4.9% |
| Energy | 3.4% | 8.4 | 12.6 | 1.08 | 2.01 | 1.96% | 23.9% |
| Real Estate | 2.9% | 23.0 | 23.5 | 2.79 | 1.19 | 5.63% | 5.2% |
| Consumer Defensive | 2.0% | 16.6 | 12.5 | 1.49 | 1.70 | 1.31% | 10.3% |
| Information Technology | 0.2% | n/m | 45.0 | 20.20 | 2.74 | 0.00% | −2.7% |
AESG 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 AESG weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
AESG largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| APLE | Apple Hospitality REIT, Inc. | 2.91% | 23.0 | 23.5 | 2.8 | 5.63% | 3.94% |
| RAMP | LiveRamp Holdings, Inc. | 2.62% | 15.5 | 200.0 | 2.7 | — | 5.28% |
| BFH | Bread Financial Holdings, Inc. | 2.57% | 8.0 | 7.6 | 1.5 | 0.90% | 10.09% |
| SLDE | Slide Insurance Holdings, Inc. | 2.10% | 6.6 | — | 2.3 | 1.03% | 9.97% |
| FBP | First BanCorp. | 1.98% | 11.5 | 20.7 | 4.4 | 2.92% | 5.37% |
| CAKE | The Cheesecake Factory Incorporated | 1.77% | 31.1 | 22.6 | 1.5 | 1.04% | 1.77% |
| PTGX | Protagonist Therapeutics, Inc. | 1.74% | 125.0 | 36.9 | 29.5 | — | 0.43% |
| ANF | Abercrombie & Fitch Co. | 1.58% | 13.2 | 10.0 | 1.2 | — | 3.71% |
| VCTR | Victory Capital Holdings, Inc. | 1.56% | 19.9 | 12.7 | 4.3 | 1.84% | 2.45% |
| ENVA | Enova International, Inc. | 1.55% | 13.3 | 8.3 | 2.6 | — | 3.64% |
| HRMY | Harmony Biosciences Holdings, Inc. | 1.53% | 12.2 | 10.1 | 2.3 | — | 3.88% |
| HNGE | Hinge Health, Inc. | 1.30% | 32.7 | 33.0 | 11.1 | — | 1.23% |
| EBF | Ennis, Inc. | 1.30% | 14.6 | 12.4 | 1.4 | 4.70% | 2.76% |
| KNSA | Kiniksa Pharmaceuticals, Ltd. | 1.20% | 79.4 | 59.5 | 7.3 | — | 0.47% |
| KRYS | Krystal Biotech, Inc. | 1.17% | 39.7 | 46.9 | 21.3 | — | 0.92% |
| CDNA | CareDx, Inc | 1.15% | 30.8 | 156.2 | 7.2 | — | 1.16% |
| QLYS | Qualys, Inc. | 1.08% | 31.4 | 21.9 | 9.1 | — | 1.07% |
| TWST | Twist Bioscience Corporation | 1.05% | — | — | 20.4 | — | −0.55% |
| OII | Oceaneering International, Inc. | 1.05% | 12.7 | 18.8 | 1.5 | — | 2.58% |
| TKM | Arbutus Biopharma Corp | 0.97% | — | — | — | — | — |
| OSCR | Oscar Health, Inc. | 0.93% | 24.7 | 588.2 | 0.6 | — | 1.18% |
| ENS | EnerSys | 0.93% | 18.1 | 14.2 | 1.6 | 0.68% | 1.61% |
| PRLB | Proto Labs, Inc. | 0.93% | 68.0 | 32.3 | 3.7 | — | 0.43% |
| TXG | 10x Genomics, Inc. | 0.92% | — | — | 14.8 | — | −0.22% |
| SIG | Signet Jewelers Limited | 0.87% | 13.7 | 9.3 | 0.7 | 1.18% | 1.96% |
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 AESG valuation
Adding up its 180 holdings with company data, AESG trades at 29.5 times trailing earnings and 15.2 times analysts' forward estimates, with a price-to-book ratio of 3.05 and a dividend yield of 0.80%. Its earnings yield of 3.39% is 1.94 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 20.4% of the fund and earn 46.7% of its combined profit. By sector, Basic Materials is the most expensive at 55.6 times earnings and Energy the cheapest at 8.4. Companies that lost money over the past year are 14.3% 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 94.7% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: AESG chart, AESG holdings.
AESG valuation FAQ
What is the P/E ratio of AESG?
Based on its holdings, AESG has a trailing P/E of 29.5 and a forward P/E of 15.2 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of AESG?
The trailing earnings yield is 3.39% (1 ÷ P/E) and the forward earnings yield 6.59%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is AESG more expensive than the S&P 500?
AESG trades at 29.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 15.2 and 19.9.
What is the price-to-book ratio of AESG?
The holdings of AESG trade at 3.05 times book value, with a combined return on equity of 10.3%.
Which sector in AESG has the highest P/E?
Basic Materials has the highest P/E at 55.6 and Energy the lowest at 8.4.