BlackRock Large Cap Growth ETF (BGRO) Valuation
BGRO valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 35.6 trailing earnings
- Forward P/E
- 25.6 analyst estimates
- Price / sales
- 9.12
- Price / book
- 10.55
- EV / EBITDA
- 22.1
- Earnings yield
- 2.81% inverse of P/E
- Dividend yield
- 0.38% of the holdings
- Return on equity
- 29.7% combined
- Net margin
- 25.6% combined
- Beta
- 1.48 weighted, vs S&P 500
BGRO valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| BGRO | 35.6 | 25.6 | 9.12 | 10.55 | 0.38% | 29.7% | 25.6% | 7.7% |
| 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.
BGRO valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 55.9% | 38.1 | 24.8 | 10.98 | 15.24 | 0.33% | 40.0% |
| Communication Services | 12.3% | 18.2 | 22.3 | 9.00 | 6.84 | 0.27% | 37.5% |
| Industrials | 10.8% | 59.8 | 36.8 | 5.64 | 12.56 | 0.45% | 21.0% |
| Healthcare | 7.2% | 66.8 | 22.5 | 9.14 | 7.19 | 0.62% | 10.8% |
| Financial Services | 3.6% | 36.6 | 34.6 | 18.95 | 8.75 | 0.21% | 23.9% |
| Real Estate | 2.1% | 105.3 | 78.1 | 13.26 | 3.57 | 1.45% | 3.4% |
| Consumer Cyclical | 1.5% | 20.1 | 23.6 | 3.48 | 4.87 | 0.00% | 24.2% |
BGRO 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 BGRO weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
BGRO largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 12.78% | 27.1 | 24.9 | 17.1 | 0.47% | 17.80% |
| GOOGL | Alphabet Inc. | 5.43% | 17.1 | 22.8 | 9.3 | 0.26% | 11.98% |
| AAPL | Apple Inc. | 5.21% | 39.4 | 35.2 | 10.7 | 0.31% | 4.99% |
| MSFT | Microsoft Corporation | 4.90% | 29.5 | 25.1 | 11.8 | 0.74% | 6.26% |
| GOOG | Alphabet Inc. | 4.56% | 16.9 | 21.8 | 9.2 | 0.26% | 10.17% |
| MU | Micron Technology, Inc. | 3.87% | 11.8 | 7.0 | 7.5 | 0.07% | 12.33% |
| LLY | Eli Lilly and Company | 3.43% | 42.2 | 24.4 | 14.1 | 0.55% | 3.06% |
| PANW | Palo Alto Networks, Inc. | 3.02% | 855.0 | 94.3 | 24.4 | — | 0.13% |
| AMD | Advanced Micro Devices, Inc. | 2.75% | 134.9 | 39.5 | 20.9 | — | 0.77% |
| SNOW | Snowflake Inc. | 2.64% | — | 169.5 | 19.9 | — | −1.03% |
| SPCX | Space Exploration Technologies Corp. | 2.44% | — | 200.0 | 83.5 | — | −0.41% |
| AVGO | Broadcom Inc. | 2.42% | 43.3 | 19.4 | 17.6 | 0.79% | 2.11% |
| PWR | Quanta Services, Inc. | 2.33% | 72.4 | 33.0 | 2.9 | 0.07% | 1.21% |
| META | Meta Platforms, Inc. | 2.31% | 26.7 | 22.1 | 7.9 | 0.30% | 3.25% |
| CAT | Caterpillar Inc. | 2.23% | 31.5 | 25.4 | 4.5 | 0.89% | 2.67% |
| WELL | Welltower Inc. | 2.12% | 105.3 | 78.1 | 13.3 | 1.45% | 0.76% |
| APH | Amphenol Corporation | 2.04% | 39.7 | 24.6 | 6.7 | 0.63% | 1.94% |
| ANET | Arista Networks, Inc. | 2.04% | 55.8 | 39.2 | 21.2 | — | 1.38% |
| ETN | Eaton Corporation plc | 2.04% | 39.8 | 27.6 | 5.1 | 1.12% | 1.93% |
| WPM | Wheaton Precious Metals Corp | 1.93% | — | — | — | — | — |
| FCX | Freeport-McMoRan Inc. | 1.84% | 34.3 | 18.1 | 3.9 | 0.86% | 2.03% |
| IBKR | Interactive Brokers Group, Inc. | 1.80% | 31.6 | 28.2 | 20.0 | 0.42% | 2.15% |
| HOOD | Robinhood Markets, Inc. | 1.78% | 43.6 | 45.0 | 18.0 | — | 1.54% |
| HWM | Howmet Aerospace Inc. | 1.78% | 47.6 | 36.0 | 9.7 | 0.25% | 1.41% |
| WAT | Waters Corporation | 1.58% | 110.6 | 24.8 | 9.2 | — | 0.54% |
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 BGRO valuation
Adding up its 39 holdings with company data, BGRO trades at 35.6 times trailing earnings and 25.6 times analysts' forward estimates, with a price-to-book ratio of 10.55 and a dividend yield of 0.38%. Its earnings yield of 2.81% is 2.52 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 48.6% of the fund and earn 66.5% of its combined profit. By sector, Real Estate is the most expensive at 105.3 times earnings and Communication Services the cheapest at 18.2. Companies that lost money over the past year are 7.7% 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 97.1% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: BGRO chart, BGRO performance, BGRO holdings.
BGRO valuation FAQ
What is the P/E ratio of BGRO?
Based on its holdings, BGRO has a trailing P/E of 35.6 and a forward P/E of 25.6 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of BGRO?
The trailing earnings yield is 2.81% (1 ÷ P/E) and the forward earnings yield 3.90%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is BGRO more expensive than the S&P 500?
BGRO trades at 35.6 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 25.6 and 19.9.
What is the price-to-book ratio of BGRO?
The holdings of BGRO trade at 10.55 times book value, with a combined return on equity of 29.7%.
Which sector in BGRO has the highest P/E?
Real Estate has the highest P/E at 105.3 and Communication Services the lowest at 18.2.