Archer Growth ETF (ARWG) Valuation

Cboe BZX: ARWGP/E, earnings yield and other ratios of the holdings combined.

ARWG valuation today

Holdings combined · company data as of Oct 26, 2026
P/E (TTM)
27.4
trailing earnings
Forward P/E
19.3
analyst estimates
Price / sales
1.97
Price / book
3.84
EV / EBITDA
20.4
Earnings yield
3.65%
inverse of P/E
Dividend yield
0.88%
of the holdings
Return on equity
14.0%
combined
Net margin
7.2%
combined
Beta
1.09
weighted, vs S&P 500

ARWG valuation vs other stock ETFs

P/E (TTM)Forward P/E
ARWG valuation compared with other stock ETFs
ETFP/EFwd P/EP/SP/BDiv. yieldROENet marginLoss-makers
ARWG27.419.31.973.840.88%14.0%7.2%12.5%
SPY25.919.93.675.471.08%21.1%14.2%1.9%
QQQ34.223.45.939.270.58%27.1%17.4%6.9%
DIA20.918.43.165.521.55%26.4%15.1%0.0%
VTI28.219.43.315.001.07%17.7%11.8%4.6%
IWMn/m13.91.252.031.38%−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.

ARWG valuation by sector

P/E (TTM)Forward P/E
ARWG valuation by sector
SectorWeightP/EFwd P/EP/SP/BDiv. yieldROE
Technology51.4%41.723.62.355.090.45%12.2%
Financial Services13.3%11.610.71.771.641.58%14.1%
Industrials11.1%47.826.32.786.620.92%13.9%
Consumer Defensive7.4%27.113.90.993.043.12%11.2%
Healthcare5.6%18.528.62.183.700.30%19.9%
Consumer Cyclical5.1%24.522.31.796.790.54%27.7%
Communication Services2.7%21.413.61.338.370.94%39.1%
Basic Materials2.5%23.916.41.332.651.22%11.1%

ARWG earnings yield vs bond yields

ARWG earnings yield (forward)
5.19%
ARWG earnings yield (trailing)
3.65%
ARWG dividend yield
0.88%
Bond market yield (AGG)
5.33%
T-bill yield (BIL)
3.91%

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 ARWG weight splits by P/E

Share of the covered weight in companies with a trailing P/E in each range.

ARWG largest holdings: valuation

ARWG largest holdings valuation
SymbolCompanyWeightP/EFwd P/EP/SDiv. yieldShare of earnings
ZSZscaler, Inc.3.39%—43.910.1—−0.18%
APPNAppian Corporation3.15%—416.73.7—−0.17%
INSPInspire Medical Systems, Inc.3.00%15.259.22.2—5.47%
EXPDExpeditors International of Washington, Inc.2.93%28.524.42.10.83%2.84%
DOCUDocuSign, Inc.2.87%45.515.14.2—1.74%
NTAPNetApp, Inc.2.85%28.721.45.41.02%2.74%
ZBRAZebra Technologies Corporation2.83%33.816.93.0—2.31%
TRVThe Travelers Companies, Inc.2.75%10.510.81.71.28%7.25%
ICEIntercontinental Exchange, Inc.2.70%22.818.18.61.29%3.28%
LWLamb Weston Holdings, Inc.2.70%29.314.71.12.84%2.55%
ANETArista Networks, Inc.2.69%55.839.221.2—1.33%
CNKCinemark Holdings, Inc2.67%21.413.61.30.94%3.45%
UCBUnited Community Banks, Inc.2.67%11.112.53.73.05%6.61%
CAKEThe Cheesecake Factory Incorporated2.65%31.122.61.51.04%2.35%
ESTCElastic N.V.2.65%26.227.45.3—2.79%
CONConcentra Group Holdings Parent, Inc.2.63%24.918.02.10.65%2.92%
HCIHCI Group, Inc.2.59%8.68.92.60.81%8.35%
HPQHP Inc.2.57%11.59.90.54.00%6.20%
RGAReinsurance Group of America, Incorporated2.55%11.77.70.71.47%6.00%
FIVEFive Below, Inc.2.49%20.022.12.3—3.45%
CSCOCisco Systems, Inc.2.49%32.219.86.71.56%2.14%
RSReliance Steel & Aluminum Co.2.46%23.916.41.31.22%2.84%
SJMThe J. M. Smucker Company2.46%59.512.01.53.52%1.14%
MDBMongoDB, Inc.2.45%468.870.49.8—0.14%
SNPSSynopsys, Inc.2.42%80.323.39.3—0.83%

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 ARWG valuation

Adding up its 40 holdings with company data, ARWG trades at 27.4 times trailing earnings and 19.3 times analysts' forward estimates, with a price-to-book ratio of 3.84 and a dividend yield of 0.88%. Its earnings yield of 3.65% is 1.67 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).

The ten largest holdings are 29.2% of the fund and earn 27.8% of its combined profit. By sector, Industrials is the most expensive at 47.8 times earnings and Financial Services the cheapest at 11.6. Companies that lost money over the past year are 12.5% 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 98.5% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.

Related: ARWG chart, ARWG holdings, ARWG dividends.

ARWG valuation FAQ

What is the P/E ratio of ARWG?

Based on its holdings, ARWG has a trailing P/E of 27.4 and a forward P/E of 19.3 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).

What is the earnings yield of ARWG?

The trailing earnings yield is 3.65% (1 ÷ P/E) and the forward earnings yield 5.19%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.

Is ARWG more expensive than the S&P 500?

ARWG trades at 27.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 19.3 and 19.9.

What is the price-to-book ratio of ARWG?

The holdings of ARWG trade at 3.84 times book value, with a combined return on equity of 14.0%.

Which sector in ARWG has the highest P/E?

Industrials has the highest P/E at 47.8 and Financial Services the lowest at 11.6.