BNY Mellon US Mid Cap Core Equity ETF (BKMC) Valuation

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

BKMC valuation today

Holdings combined · company data as of Oct 26, 2026

P/E (TTM): 28.8
Forward P/E: 14.9
Price / sales: 1.52
Price / book: 2.79
EV / EBITDA: 13.2
Earnings yield: 3.47%
Dividend yield: 1.41%
Return on equity: 9.7%
Net margin: 5.3%
Beta: 1.08

BKMC valuation vs other stock ETFs

P/E (TTM)Forward P/E

BKMC valuation compared with other stock ETFs
ETF	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE	Net margin	Loss-makers
BKMC	28.8	14.9	1.52	2.79	1.41%	9.7%	5.3%	14.2%
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.

BKMC valuation by sector

P/E (TTM)Forward P/E

BKMC valuation by sector
Sector	Weight	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE
Industrials	18.5%	32.8	17.9	1.43	3.71	0.99%	11.3%
Technology	15.7%	42.4	18.4	2.35	5.23	0.24%	12.3%
Healthcare	14.1%	67.2	17.0	2.15	3.91	0.18%	5.8%
Financial Services	14.0%	16.5	9.8	1.19	1.68	2.20%	10.2%
Consumer Cyclical	10.4%	20.3	14.4	0.97	3.31	1.13%	16.3%
Real Estate	8.4%	26.1	21.5	3.65	2.01	4.59%	7.7%
Consumer Defensive	4.3%	58.4	13.4	0.58	2.59	2.13%	4.4%
Basic Materials	4.0%	22.4	13.2	1.73	2.35	1.31%	10.5%
Energy	4.0%	13.7	10.8	1.96	1.71	2.57%	12.4%
Communication Services	3.4%	59.1	15.1	2.30	2.10	0.75%	3.6%
Utilities	2.3%	66.6	11.8	2.16	2.29	3.01%	3.4%

BKMC earnings yield vs bond yields

BKMC earnings yield (forward)

6.70%

BKMC earnings yield (trailing)

3.47%

BKMC dividend yield

1.41%

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 BKMC weight splits by P/E

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

BKMC largest holdings: valuation

BKMC largest holdings valuation
Symbol	Company	Weight	P/E	Fwd P/E	P/S	Div. yield	Share of earnings
USFD	US Foods Holding Corp.	0.62%	31.4	17.0	0.5	—	0.59%
THC	Tenet Healthcare Corporation	0.59%	10.5	12.5	1.0	—	1.69%
VTRS	Viatris Inc.	0.59%	—	6.4	1.5	2.57%	−0.34%
PTC	PTC Inc.	0.57%	18.7	16.3	7.1	—	0.91%
ROKU	Roku, Inc	0.56%	65.8	39.1	4.4	—	0.25%
OVV	Ovintiv Inc.	0.52%	19.3	9.0	2.0	1.73%	0.81%
GH	Guardant Health, Inc.	0.52%	—	—	18.0	—	−0.34%
YZ8	Permian Resources Corporation	0.52%	—	—	—	—	—
SNA	Snap-on Incorporated	0.50%	18.7	17.3	3.6	2.66%	0.80%
ITT	ITT Inc.	0.49%	38.8	21.6	3.7	0.78%	0.38%
BBY	Best Buy Co., Inc.	0.49%	15.4	13.6	0.5	4.15%	0.95%
ZBRA	Zebra Technologies Corporation	0.49%	33.8	16.9	3.0	—	0.43%
CF	CF Industries Holdings, Inc.	0.48%	9.0	12.2	2.4	1.99%	1.60%
SNX	TD SYNNEX Corporation	0.47%	15.0	12.7	0.3	0.78%	0.94%
DINO	HF Sinclair Corporation	0.47%	11.9	10.0	0.7	1.68%	1.18%
NDSN	Nordson Corporation	0.47%	32.6	24.8	6.0	1.17%	0.43%
EWBC	East West Bancorp, Inc.	0.47%	12.2	12.7	6.0	2.52%	1.15%
SWKS	Skyworks Solutions, Inc.	0.47%	41.3	17.8	4.7	—	0.34%
DT	Dynatrace, Inc.	0.46%	122.2	29.6	8.5	—	0.11%
NTNX	Nutanix, Inc.	0.46%	12.9	29.9	6.3	—	1.07%
HST	Host Hotels & Resorts, Inc.	0.46%	16.2	22.2	2.7	3.34%	0.86%
RGA	Reinsurance Group of America, Incorporated	0.46%	11.7	7.7	0.7	1.47%	1.17%
CHRW	C.H. Robinson Worldwide, Inc.	0.46%	26.6	21.5	1.0	1.81%	0.51%
SN	SharkNinja, Inc.	0.45%	38.1	23.1	3.8	—	0.35%
BURL	Burlington Stores, Inc.	0.45%	23.6	21.5	1.4	—	0.57%

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 BKMC valuation

Adding up its 387 holdings with company data, BKMC trades at 28.8 times trailing earnings and 14.9 times analysts' forward estimates, with a price-to-book ratio of 2.79 and a dividend yield of 1.41%. Its earnings yield of 3.47% is 1.86 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).

The ten largest holdings are 5.5% of the fund and earn 5.7% of its combined profit. By sector, Healthcare is the most expensive at 67.2 times earnings and Energy the cheapest at 13.7. Companies that lost money over the past year are 14.2% 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 96.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.

BKMC valuation FAQ

What is the P/E ratio of BKMC?

Based on its holdings, BKMC has a trailing P/E of 28.8 and a forward P/E of 14.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).

What is the earnings yield of BKMC?

The trailing earnings yield is 3.47% (1 ÷ P/E) and the forward earnings yield 6.70%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.

Is BKMC more expensive than the S&P 500?

BKMC trades at 28.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 14.9 and 19.9.

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

The holdings of BKMC trade at 2.79 times book value, with a combined return on equity of 9.7%.

Which sector in BKMC has the highest P/E?

Healthcare has the highest P/E at 67.2 and Energy the lowest at 13.7.