JPMorgan BetaBuilders U.S. Small Cap Equity ETF (BBSC) Valuation
BBSC valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 92.6 trailing earnings
- Forward P/E
- 14.3 analyst estimates
- Price / sales
- 1.25
- Price / book
- 2.28
- EV / EBITDA
- 12.0
- Earnings yield
- 1.08% inverse of P/E
- Dividend yield
- 1.33% of the holdings
- Return on equity
- 2.5% combined
- Net margin
- 1.4% combined
- Beta
- 1.16 weighted, vs S&P 500
BBSC valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| BBSC | 92.6 | 14.3 | 1.25 | 2.28 | 1.33% | 2.5% | 1.4% | 23.2% |
| 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.
BBSC valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 18.5% | 525.0 | 17.9 | 2.06 | 4.07 | 0.18% | 0.8% |
| Healthcare | 17.0% | n/m | 16.0 | 2.63 | 4.15 | 0.08% | −13.4% |
| Financial Services | 16.1% | 23.7 | 11.2 | 1.17 | 1.51 | 2.21% | 6.4% |
| Industrials | 12.7% | 105.1 | 16.6 | 1.12 | 2.63 | 0.91% | 2.5% |
| Consumer Cyclical | 11.6% | 39.1 | 10.9 | 0.65 | 2.20 | 1.47% | 5.6% |
| Real Estate | 7.0% | 46.7 | 20.3 | 2.30 | 1.42 | 5.24% | 3.0% |
| Energy | 5.0% | 22.2 | 12.0 | 0.82 | 1.42 | 1.92% | 6.4% |
| Basic Materials | 3.8% | n/m | 12.3 | 0.95 | 2.33 | 1.40% | −3.2% |
| Consumer Defensive | 3.2% | 29.4 | 15.3 | 0.66 | 1.96 | 0.96% | 6.7% |
| Communication Services | 2.4% | n/m | 15.2 | 1.62 | 1.89 | 0.84% | −5.3% |
| Utilities | 1.5% | 20.6 | 18.1 | 1.79 | 1.66 | 3.17% | 8.1% |
| Information Technology | 0.1% | n/m | 45.0 | 20.20 | 2.74 | 0.00% | −2.7% |
| Services | 0.1% | 14.2 | 15.3 | 1.60 | 2.99 | 2.71% | 21.0% |
| Financials | 0.1% | 16.2 | — | 4.22 | 1.27 | 1.94% | 7.8% |
BBSC 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 BBSC weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
BBSC largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| SMTC | Semtech Corporation | 0.50% | 90.5 | 53.2 | 10.9 | — | 0.54% |
| AHR | American Healthcare REIT, Inc. | 0.43% | 79.4 | 48.1 | 4.6 | 1.88% | 0.53% |
| CORT | Corcept Therapeutics Incorporated | 0.43% | 244.8 | 19.3 | 14.3 | — | 0.17% |
| MOG.A | Moog Inc. | 0.40% | 31.1 | 31.7 | 2.7 | 0.33% | 1.25% |
| FROG | JFrog Ltd. | 0.39% | — | 81.3 | 17.3 | — | −0.17% |
| SM | SM Energy Company | 0.37% | 7.0 | 4.4 | 1.9 | 2.23% | 5.20% |
| BTSG | BrightSpring Health Services, Inc. | 0.37% | 53.9 | 22.2 | 0.8 | — | 0.67% |
| EAT | Brinker International, Inc. | 0.34% | 18.8 | 16.2 | 1.5 | — | 1.76% |
| ESTC | Elastic N.V. | 0.33% | 26.2 | 27.4 | 5.3 | — | 1.24% |
| TXG | 10x Genomics, Inc. | 0.33% | — | — | 14.8 | — | −0.25% |
| KRYS | Krystal Biotech, Inc. | 0.33% | 39.7 | 46.9 | 21.3 | — | 0.82% |
| GTLB | GitLab Inc. | 0.33% | — | 55.2 | 8.3 | — | −0.19% |
| TWST | Twist Bioscience Corporation | 0.33% | — | — | 20.4 | — | −0.54% |
| OSCR | Oscar Health, Inc. | 0.32% | 24.7 | 588.2 | 0.6 | — | 1.28% |
| CTRE | CareTrust REIT, Inc. | 0.32% | 22.8 | 21.3 | 15.1 | 4.27% | 1.36% |
| PBF | PBF Energy Inc. | 0.31% | 7.4 | 8.4 | 0.3 | 1.30% | 4.06% |
| ZETA | Zeta Global Holdings Corp. | 0.31% | — | 24.4 | 5.0 | — | −0.01% |
| SYRE | Spyre Therapeutics, Inc. | 0.31% | — | — | 650.2 | — | −0.72% |
| RAL | Ralliant Corporation | 0.30% | — | 21.7 | 3.4 | 0.30% | −4.89% |
| PTGX | Protagonist Therapeutics, Inc. | 0.30% | 125.0 | 36.9 | 29.5 | — | 0.23% |
| QLYS | Qualys, Inc. | 0.29% | 31.4 | 21.9 | 9.1 | — | 0.92% |
| FORM | FormFactor, Inc. | 0.29% | 72.4 | 36.6 | 9.1 | — | 0.40% |
| COMP | Compass, Inc. | 0.29% | 152.2 | 7.2 | 0.7 | — | 0.19% |
| ANF | Abercrombie & Fitch Co. | 0.29% | 13.2 | 10.0 | 1.2 | — | 2.16% |
| S | SentinelOne, Inc. | 0.29% | — | 75.2 | 6.8 | — | −1.30% |
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 BBSC valuation
Adding up its 785 holdings with company data, BBSC trades at 92.6 times trailing earnings and 14.3 times analysts' forward estimates, with a price-to-book ratio of 2.28 and a dividend yield of 1.33%. Its earnings yield of 1.08% is 4.25 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 3.9% of the fund and earn 10.9% of its combined profit. By sector, Technology is the most expensive at 525.0 times earnings and Services the cheapest at 14.2. Companies that lost money over the past year are 23.2% 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 95.1% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: BBSC chart, BBSC performance, BBSC holdings, BBSC dividends.
BBSC valuation FAQ
What is the P/E ratio of BBSC?
Based on its holdings, BBSC has a trailing P/E of 92.6 and a forward P/E of 14.3 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of BBSC?
The trailing earnings yield is 1.08% (1 ÷ P/E) and the forward earnings yield 6.99%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is BBSC more expensive than the S&P 500?
BBSC trades at 92.6 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 14.3 and 19.9.
What is the price-to-book ratio of BBSC?
The holdings of BBSC trade at 2.28 times book value, with a combined return on equity of 2.5%.
Which sector in BBSC has the highest P/E?
Technology has the highest P/E at 525.0 and Services the lowest at 14.2.