BBH Select Mid Cap ETF (BBHM) Valuation

NYSE Arca: BBHMP/E, earnings yield and other ratios of the holdings combined.

BBHM valuation today

Holdings combined · company data as of Oct 26, 2026

P/E (TTM): 34.1
Forward P/E: 19.0
Price / sales: 2.10
Price / book: 4.38
EV / EBITDA: 17.2
Earnings yield: 2.93%
Dividend yield: 0.73%
Return on equity: 12.8%
Net margin: 6.2%
Beta: 1.05

BBHM valuation vs other stock ETFs

P/E (TTM)Forward P/E

BBHM valuation compared with other stock ETFs
ETF	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE	Net margin	Loss-makers
BBHM	34.1	19.0	2.10	4.38	0.73%	12.8%	6.2%	5.1%
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.

BBHM valuation by sector

P/E (TTM)Forward P/E

BBHM valuation by sector
Sector	Weight	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE
Industrials	30.1%	33.7	20.3	1.64	4.07	1.23%	12.1%
Technology	24.9%	44.6	22.1	4.25	6.78	0.41%	15.2%
Financial Services	9.0%	24.9	14.7	2.71	2.65	0.59%	10.7%
Healthcare	7.3%	33.1	27.2	3.61	4.46	0.77%	13.5%
Consumer Defensive	7.0%	18.4	14.0	0.88	2.56	0.00%	13.9%
Basic Materials	6.4%	37.5	19.2	3.23	3.36	0.86%	8.9%
Consumer Cyclical	4.1%	27.4	12.7	3.96	10.72	2.28%	39.1%
Real Estate	4.0%	30.5	14.9	0.88	4.80	0.00%	15.8%
Communication Services	3.2%	n/m	28.2	5.74	10.65	0.00%	−9.0%
Utilities	2.1%	54.5	18.7	1.53	10.37	0.00%	19.0%

BBHM earnings yield vs bond yields

BBHM earnings yield (forward)

5.26%

BBHM earnings yield (trailing)

2.93%

BBHM dividend yield

0.73%

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 BBHM weight splits by P/E

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

BBHM largest holdings: valuation

BBHM largest holdings valuation
Symbol	Company	Weight	P/E	Fwd P/E	P/S	Div. yield	Share of earnings
ENTG	Entegris, Inc.	5.73%	69.4	31.6	6.4	0.29%	2.96%
KEYS	Keysight Technologies, Inc.	4.85%	44.8	22.4	8.6	—	3.87%
ITT	ITT Inc.	4.70%	38.8	21.6	3.7	0.78%	4.34%
ANET	Arista Networks, Inc.	4.51%	55.8	39.2	21.2	—	2.90%
WST	West Pharmaceutical Services, Inc.	4.30%	49.4	37.0	8.1	0.23%	3.12%
WMS	Advanced Drainage Systems, Inc.	4.23%	21.8	20.8	3.0	0.62%	6.94%
WH	Wyndham Hotels & Resorts, Inc.	4.10%	27.4	12.7	4.0	2.28%	5.36%
CBRE	CBRE Group, Inc.	4.04%	30.5	14.9	0.9	—	4.75%
WSO	Watsco, Inc.	4.03%	25.4	21.3	1.7	4.46%	5.69%
DAR	Darling Ingredients Inc.	4.03%	16.5	11.7	1.5	—	8.72%
HEI.A	HEICO Corporation	3.81%	38.8	31.7	6.3	0.11%	3.51%
GWRE	Guidewire Software, Inc.	3.58%	103.6	34.8	9.4	—	1.24%
ESI	Element Solutions Inc	3.39%	47.4	17.0	2.7	0.91%	2.57%
BR	Broadridge Financial Solutions, Inc.	3.38%	18.2	15.5	2.6	2.49%	6.64%
TW	Tradeweb Markets Inc.	3.38%	27.2	26.0	11.1	0.49%	4.45%
HUBB	Hubbell Incorporated	3.30%	27.3	20.7	3.9	1.23%	4.33%
GXO	GXO Logistics, Inc.	3.25%	41.8	13.2	0.4	—	2.79%
TTWO	Take-Two Interactive Software, Inc.	3.18%	—	28.2	5.7	—	−0.96%
GFL	Gfl Environmental Holdings Inc	3.09%	—	—	—	—	—
VMC	Vulcan Materials Company	3.02%	30.4	22.4	4.1	0.81%	3.56%
BJ	BJ's Wholesale Club Holdings, Inc.	3.02%	21.7	19.2	0.6	—	4.99%
ATR	AptarGroup, Inc.	3.02%	22.5	19.8	2.0	1.54%	4.80%
LPLA	LPL Financial Holdings Inc.	2.98%	25.5	10.9	1.3	0.37%	4.18%
BRO	Brown & Brown, Inc.	2.67%	21.9	12.6	3.5	0.95%	4.37%
MWH	SOLV Energy, Inc.	2.14%	54.5	18.7	1.5	—	1.41%

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 BBHM valuation

Adding up its 28 holdings with company data, BBHM trades at 34.1 times trailing earnings and 19.0 times analysts' forward estimates, with a price-to-book ratio of 4.38 and a dividend yield of 0.73%. Its earnings yield of 2.93% is 2.39 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).

The ten largest holdings are 44.5% of the fund and earn 48.7% of its combined profit. By sector, Utilities is the most expensive at 54.5 times earnings and Consumer Defensive the cheapest at 18.4. Companies that lost money over the past year are 5.1% 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 96.9% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.

Related: BBHM chart, BBHM holdings.

BBHM valuation FAQ

What is the P/E ratio of BBHM?

Based on its holdings, BBHM has a trailing P/E of 34.1 and a forward P/E of 19.0 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).

What is the earnings yield of BBHM?

The trailing earnings yield is 2.93% (1 ÷ P/E) and the forward earnings yield 5.26%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.

Is BBHM more expensive than the S&P 500?

BBHM trades at 34.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 19.0 and 19.9.

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

The holdings of BBHM trade at 4.38 times book value, with a combined return on equity of 12.8%.

Which sector in BBHM has the highest P/E?

Utilities has the highest P/E at 54.5 and Consumer Defensive the lowest at 18.4.