Allspring Special Large Value ETF (ASLV) Valuation
ASLV valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 23.5 trailing earnings
- Forward P/E
- 18.3 analyst estimates
- Price / sales
- 2.96
- Price / book
- 3.39
- EV / EBITDA
- 15.6
- Earnings yield
- 4.26% inverse of P/E
- Dividend yield
- 1.21% of the holdings
- Return on equity
- 14.4% combined
- Net margin
- 12.6% combined
- Beta
- 0.92 weighted, vs S&P 500
ASLV valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| ASLV | 23.5 | 18.3 | 2.96 | 3.39 | 1.21% | 14.4% | 12.6% | 2.5% |
| 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.
ASLV valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 18.2% | 41.5 | 27.3 | 9.10 | 9.67 | 0.46% | 23.3% |
| Financial Services | 16.5% | 15.3 | 13.1 | 3.23 | 1.61 | 1.16% | 10.5% |
| Healthcare | 13.5% | 30.7 | 19.3 | 3.06 | 3.63 | 1.37% | 11.8% |
| Consumer Cyclical | 11.3% | 21.8 | 15.7 | 1.53 | 3.59 | 0.56% | 16.5% |
| Industrials | 10.0% | 31.7 | 24.4 | 4.00 | 5.88 | 1.39% | 18.5% |
| Consumer Defensive | 6.6% | 20.0 | 20.3 | 1.94 | 5.14 | 2.55% | 25.7% |
| Energy | 6.5% | 20.0 | 14.4 | 2.27 | 2.54 | 2.13% | 12.7% |
| Real Estate | 3.4% | 29.3 | 18.5 | 1.39 | 3.42 | 1.34% | 11.7% |
| Utilities | 3.4% | 17.9 | 17.7 | 5.80 | 2.81 | 3.12% | 15.7% |
| Communication Services | 3.0% | 16.9 | 21.8 | 9.24 | 6.58 | 0.26% | 38.9% |
| Basic Materials | 2.8% | 30.6 | 23.1 | 3.68 | 6.41 | 0.88% | 20.9% |
ASLV 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 ASLV weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
ASLV largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AMZN | Amazon.com, Inc. | 8.01% | 20.1 | 23.6 | 3.5 | — | 10.17% |
| MSFT | Microsoft Corporation | 5.66% | 29.5 | 25.1 | 11.8 | 0.74% | 4.90% |
| AAPL | Apple Inc. | 4.15% | 39.4 | 35.2 | 10.7 | 0.31% | 2.69% |
| BRK.B | Berkshire Hathaway Inc. | 3.77% | 13.4 | 22.7 | 3.0 | — | 7.19% |
| NEE | NextEra Energy, Inc. | 3.41% | 17.9 | 17.7 | 5.8 | 3.12% | 4.85% |
| CP | Canadian Pacific Railway Ltd | 3.22% | — | — | — | — | — |
| COF | Capital One Financial Corporation | 3.01% | 13.0 | 8.5 | 2.6 | 1.59% | 5.93% |
| DHR | Danaher Corporation | 2.97% | 40.8 | 23.8 | 6.4 | 0.70% | 1.86% |
| GOOG | Alphabet Inc. | 2.96% | 16.9 | 21.8 | 9.2 | 0.26% | 4.47% |
| JNJ | Johnson & Johnson | 2.94% | 38.8 | 21.0 | 6.2 | 2.10% | 1.93% |
| WFC | Wells Fargo & Company | 2.89% | 11.8 | 10.2 | 3.0 | 2.38% | 6.24% |
| COP | ConocoPhillips | 2.77% | 19.4 | 12.7 | 2.7 | 2.29% | 3.64% |
| LH | Laboratory Corporation of America Holdings | 2.66% | 26.3 | 16.2 | 1.8 | 0.91% | 2.58% |
| UL | Unilever PLC | 2.64% | 13.4 | 16.4 | 2.8 | 3.21% | 5.04% |
| V | Visa Inc. | 2.57% | 34.3 | 24.0 | 17.0 | 0.67% | 1.91% |
| R1D | AERCAP HOLD | 2.20% | — | — | — | — | — |
| VRTX | Vertex Pharmaceuticals Incorporated | 2.13% | 28.9 | 24.1 | 10.1 | — | 1.88% |
| MDLZ | Mondelez International, Inc. | 2.08% | 23.5 | 18.2 | 2.1 | 3.25% | 2.26% |
| CBRE | CBRE Group, Inc. | 2.08% | 30.5 | 14.9 | 0.9 | — | 1.74% |
| XOM | Exxon Mobil Corporation | 2.07% | 23.0 | 14.8 | 2.0 | 2.30% | 2.30% |
| DE | Deere & Company | 2.02% | 35.7 | 29.3 | 3.6 | 1.01% | 1.44% |
| ETN | Eaton Corporation plc | 1.99% | 39.8 | 27.6 | 5.1 | 1.12% | 1.27% |
| WMT | Walmart Inc. | 1.87% | 43.0 | 38.0 | 1.3 | 0.83% | 1.11% |
| MDT | Medtronic plc | 1.84% | 23.3 | 14.9 | 3.2 | 3.04% | 2.01% |
| Q | Qnity Electronics, Inc. | 1.83% | 41.2 | 24.8 | 4.6 | 0.28% | 1.14% |
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 ASLV valuation
Adding up its 42 holdings with company data, ASLV trades at 23.5 times trailing earnings and 18.3 times analysts' forward estimates, with a price-to-book ratio of 3.39 and a dividend yield of 1.21%. Its earnings yield of 4.26% is 1.07 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 40.1% of the fund and earn 50.2% of its combined profit. By sector, Technology is the most expensive at 41.5 times earnings and Financial Services the cheapest at 15.3. Companies that lost money over the past year are 2.5% 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 93.1% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: ASLV chart, ASLV performance, ASLV holdings, ASLV dividends.
ASLV valuation FAQ
What is the P/E ratio of ASLV?
Based on its holdings, ASLV has a trailing P/E of 23.5 and a forward P/E of 18.3 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of ASLV?
The trailing earnings yield is 4.26% (1 ÷ P/E) and the forward earnings yield 5.48%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is ASLV more expensive than the S&P 500?
ASLV trades at 23.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 18.3 and 19.9.
What is the price-to-book ratio of ASLV?
The holdings of ASLV trade at 3.39 times book value, with a combined return on equity of 14.4%.
Which sector in ASLV has the highest P/E?
Technology has the highest P/E at 41.5 and Financial Services the lowest at 15.3.