Avory Foundational ETF (AVRY) Valuation
AVRY valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 32.5 trailing earnings
- Forward P/E
- 18.9 analyst estimates
- Price / sales
- 2.86
- Price / book
- 3.18
- EV / EBITDA
- 15.1
- Earnings yield
- 3.08% inverse of P/E
- Dividend yield
- 0.66% of the holdings
- Return on equity
- 9.8% combined
- Net margin
- 8.8% combined
- Beta
- 1.27 weighted, vs S&P 500
AVRY valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| AVRY | 32.5 | 18.9 | 2.86 | 3.18 | 0.66% | 9.8% | 8.8% | 4.2% |
| 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.
AVRY valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 45.9% | 24.1 | 16.2 | 3.63 | 4.17 | 0.43% | 17.3% |
| Consumer Cyclical | 17.4% | 32.8 | 29.9 | 1.73 | 2.90 | 0.00% | 8.8% |
| Healthcare | 12.3% | 32.5 | 22.6 | 1.54 | 1.64 | 0.54% | 5.0% |
| Communication Services | 11.2% | 70.1 | 17.6 | 4.34 | 3.37 | 0.14% | 4.8% |
| Financial Services | 9.9% | n/m | 17.5 | 9.32 | 4.08 | 2.93% | −3.0% |
| Utilities | 2.9% | 17.9 | 17.7 | 5.80 | 2.81 | 3.12% | 15.7% |
AVRY 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 AVRY weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
AVRY largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| XYZ | Block, Inc | 8.55% | 139.1 | 14.5 | 1.9 | — | 2.01% |
| PAYC | Paycom Software, Inc. | 7.08% | 26.6 | 16.7 | 5.3 | 0.60% | 8.67% |
| ZM | Zoom Video Communications, Inc. | 6.73% | 8.7 | 15.1 | 5.5 | — | 25.12% |
| OMCL | Omnicell, Inc. | 6.72% | 42.1 | 29.5 | 1.3 | — | 5.20% |
| ABNB | Airbnb, Inc. | 6.12% | 39.6 | 25.4 | 7.9 | — | 5.04% |
| BX | Blackstone Inc. | 5.30% | 23.9 | 15.9 | 8.2 | 4.91% | 7.25% |
| YOU | Clear Secure, Inc. | 5.30% | 29.5 | — | 4.5 | 1.31% | 5.86% |
| META | Meta Platforms, Inc. | 5.09% | 26.7 | 22.1 | 7.9 | 0.30% | 6.21% |
| AMZN | Amazon.com, Inc. | 4.82% | 20.1 | 23.6 | 3.5 | — | 7.82% |
| NOW | ServiceNow, Inc. | 4.23% | 88.7 | 27.8 | 10.0 | — | 1.55% |
| FWRG | First Watch Restaurant Group, Inc. | 4.14% | 43.3 | 63.7 | 0.6 | — | 3.12% |
| Z | Zillow Group, Inc | 3.92% | 134.0 | 9.9 | 2.5 | — | 0.95% |
| CRM | Salesforce, Inc. | 3.27% | 22.0 | 14.0 | 4.5 | 0.73% | 4.85% |
| NEE | NextEra Energy, Inc. | 2.93% | 17.9 | 17.7 | 5.8 | 3.12% | 5.33% |
| LH | Laboratory Corporation of America Holdings | 2.80% | 26.3 | 16.2 | 1.8 | 0.91% | 3.47% |
| DGX | Quest Diagnostics Incorporated | 2.78% | 24.6 | 19.5 | 2.2 | 1.46% | 3.68% |
| CSCO | Cisco Systems, Inc. | 2.68% | 32.2 | 19.8 | 6.7 | 1.56% | 2.71% |
| CBOE | Cboe Global Markets, Inc. | 2.65% | 24.6 | 21.9 | 6.5 | 1.09% | 3.52% |
| UBER | Uber Technologies, Inc. | 2.48% | 15.4 | 15.9 | 2.6 | — | 5.24% |
| BROS | Dutch Bros Inc. | 2.35% | 57.2 | 32.6 | 3.8 | — | 1.34% |
| MNDY | monday.com Ltd. | 2.28% | 38.1 | 11.9 | 2.8 | — | 1.95% |
| RBLX | Roblox Corporation | 2.22% | — | 192.3 | 6.2 | — | −1.94% |
| PATH | UiPath Inc. | 2.11% | 19.2 | 16.7 | 3.9 | — | 3.59% |
| BMNR | BitMine Immersion Technologies, Inc. | 1.94% | — | — | 213.5 | 0.05% | −13.15% |
| NOK | Nokia Oyj | 1.18% | 65.3 | 24.4 | 2.5 | 1.79% | 0.59% |
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 AVRY valuation
Adding up its 25 holdings with company data, AVRY trades at 32.5 times trailing earnings and 18.9 times analysts' forward estimates, with a price-to-book ratio of 3.18 and a dividend yield of 0.66%. Its earnings yield of 3.08% is 2.25 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 59.9% of the fund and earn 74.7% of its combined profit. By sector, Communication Services is the most expensive at 70.1 times earnings and Utilities the cheapest at 17.9. Companies that lost money over the past year are 4.2% 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 99.2% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: AVRY chart, AVRY holdings.
AVRY valuation FAQ
What is the P/E ratio of AVRY?
Based on its holdings, AVRY has a trailing P/E of 32.5 and a forward P/E of 18.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of AVRY?
The trailing earnings yield is 3.08% (1 ÷ P/E) and the forward earnings yield 5.28%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is AVRY more expensive than the S&P 500?
AVRY trades at 32.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 18.9 and 19.9.
What is the price-to-book ratio of AVRY?
The holdings of AVRY trade at 3.18 times book value, with a combined return on equity of 9.8%.
Which sector in AVRY has the highest P/E?
Communication Services has the highest P/E at 70.1 and Utilities the lowest at 17.9.