VistaShares Artificial Intelligence… (AIS) Valuation
AIS valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 34.6 trailing earnings
- Forward P/E
- 21.3 analyst estimates
- Price / sales
- 3.75
- Price / book
- 12.97
- EV / EBITDA
- 34.6
- Earnings yield
- 2.89% inverse of P/E
- Dividend yield
- 0.25% of the holdings
- Return on equity
- 37.5% combined
- Net margin
- 10.9% combined
- Beta
- 2.06 weighted, vs S&P 500
AIS valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| AIS | 34.6 | 21.3 | 3.75 | 12.97 | 0.25% | 37.5% | 10.9% | 5.7% |
| 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.
AIS valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 89.1% | 34.5 | 20.6 | 3.59 | 12.60 | 0.26% | 36.5% |
| Industrials | 8.8% | 35.1 | 30.0 | 6.15 | 17.31 | 0.17% | 49.3% |
AIS 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 AIS weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
AIS largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| MU | Micron Technology, Inc. | 7.61% | 11.8 | 7.0 | 7.5 | 0.07% | 34.29% |
| 000660 | SK Hynix Inc | 6.39% | — | — | — | — | — |
| AMD | Advanced Micro Devices, Inc. | 6.29% | 134.9 | 39.5 | 20.9 | — | 2.48% |
| MRVL | Marvell Technology, Inc. | 4.76% | 72.3 | 62.1 | 21.7 | 0.11% | 3.51% |
| TSM | Taiwan Semiconductor Manufacturing Company Limited | 4.08% | 26.7 | 21.4 | 0.4 | 0.91% | 8.12% |
| SMTC | Semtech Corporation | 3.92% | 90.5 | 53.2 | 10.9 | — | 2.31% |
| INTC | Intel Corporation | 3.26% | — | 63.3 | 8.3 | — | −4.09% |
| VRT | Vertiv Holdings Co | 3.10% | 46.7 | 27.8 | 6.9 | 0.12% | 3.54% |
| GEV | GE Vernova Inc. | 2.82% | 26.4 | 38.8 | 5.9 | 0.22% | 5.69% |
| SIMO | Silicon Motion Technology Corporation | 2.68% | 27.3 | 19.6 | 5.5 | 1.09% | 5.24% |
| NVDA | NVIDIA Corporation | 2.34% | 27.1 | 24.9 | 17.1 | 0.47% | 4.60% |
| 601138 | Foxconn Industrial Internet Co Ltd | 2.31% | — | — | — | — | — |
| STX | Seagate Technology Holdings plc | 2.25% | 46.0 | 25.7 | 11.9 | 0.46% | 2.61% |
| SSNLF | Samsung Electronics Co Ltd | 2.15% | — | — | — | — | — |
| TSEM | Tower Semiconductor Ltd | 2.05% | — | — | — | — | — |
| GLW | Corning Incorporated | 2.05% | 60.6 | 38.5 | 6.7 | 0.85% | 1.80% |
| VICR | Vicor Corporation | 2.04% | 61.2 | 47.2 | 18.6 | — | 1.77% |
| ASML | ASML Holding N.V. | 2.02% | 40.4 | 28.9 | 16.0 | 0.55% | 2.66% |
| ANET | Arista Networks, Inc. | 2.00% | 55.8 | 39.2 | 21.2 | — | 1.91% |
| 2357 | Asustek Computer Inc | 1.94% | — | — | — | — | — |
| ALAB | Astera Labs, Inc. | 1.90% | 140.8 | 55.6 | 41.3 | — | 0.72% |
| 3037 | Unimicron Technology Corp | 1.86% | — | — | — | — | — |
| NOKIA | Nokia Oyj | 1.77% | — | — | — | — | — |
| LR | Legrand SA | 1.68% | — | — | — | — | — |
| SNDK | Sandisk Corporation | 1.62% | 17.6 | 8.0 | 9.3 | — | 4.91% |
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 AIS valuation
Adding up its 30 holdings with company data, AIS trades at 34.6 times trailing earnings and 21.3 times analysts' forward estimates, with a price-to-book ratio of 12.97 and a dividend yield of 0.25%. Its earnings yield of 2.89% is 2.43 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 44.9% of the fund and earn 65.7% of its combined profit. By sector, Industrials is the most expensive at 35.1 times earnings and Technology the cheapest at 34.5. Companies that lost money over the past year are 5.7% 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 65.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: AIS chart, AIS performance, AIS holdings.
AIS valuation FAQ
What is the P/E ratio of AIS?
Based on its holdings, AIS has a trailing P/E of 34.6 and a forward P/E of 21.3 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of AIS?
The trailing earnings yield is 2.89% (1 ÷ P/E) and the forward earnings yield 4.70%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is AIS more expensive than the S&P 500?
AIS trades at 34.6 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 21.3 and 19.9.
What is the price-to-book ratio of AIS?
The holdings of AIS trade at 12.97 times book value, with a combined return on equity of 37.5%.
Which sector in AIS has the highest P/E?
Industrials has the highest P/E at 35.1 and Technology the lowest at 34.5.