Global X Cybersecurity ETF (BUG) Valuation
BUG valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 261.8 trailing earnings
- Forward P/E
- 31.2 analyst estimates
- Price / sales
- 6.87
- Price / book
- 7.72
- EV / EBITDA
- 34.8
- Earnings yield
- 0.38% inverse of P/E
- Dividend yield
- 0.12% of the holdings
- Return on equity
- 3.0% combined
- Net margin
- 2.6% combined
- Beta
- 0.90 weighted, vs S&P 500
BUG valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| BUG | 261.8 | 31.2 | 6.87 | 7.72 | 0.12% | 3.0% | 2.6% | 34.3% |
| 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.
BUG valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 100.1% | 261.8 | 31.2 | 6.87 | 7.72 | 0.12% | 3.0% |
BUG 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 BUG weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
BUG largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| OKTA | Okta, Inc. | 9.37% | 112.8 | 54.3 | 10.7 | — | 23.31% |
| CRWD | CrowdStrike Holdings, Inc. | 7.31% | — | 208.3 | 43.1 | — | 0.54% |
| FTNT | Fortinet, Inc. | 6.72% | 59.8 | 45.0 | 16.5 | — | 31.54% |
| PANW | Palo Alto Networks, Inc. | 6.40% | 855.0 | 94.3 | 24.4 | — | 2.10% |
| QLYS | Qualys, Inc. | 6.37% | 31.4 | 21.9 | 9.1 | — | 56.99% |
| ZS | Zscaler, Inc. | 6.32% | — | 43.9 | 10.1 | — | −3.34% |
| NTSK | Netskope, Inc. | 5.71% | — | — | 9.7 | — | −83.74% |
| RBRK | Rubrik, Inc. | 5.69% | — | 625.0 | 15.0 | — | −14.10% |
| TENB | Tenable Holdings, Inc. | 4.99% | 620.0 | 16.3 | 3.9 | — | 2.26% |
| SAIL | SailPoint, Inc. | 4.68% | — | 67.1 | 9.2 | — | −23.83% |
| VRNS | Varonis Systems, Inc. | 4.57% | — | 140.8 | 8.1 | — | −32.11% |
| CVLT | Commvault Systems, Inc. | 4.47% | 95.0 | 28.0 | 5.1 | — | 13.21% |
| S | SentinelOne, Inc. | 4.11% | — | 75.2 | 6.8 | — | −53.05% |
| CHKP | Check Point Software Technologies Ltd. | 3.55% | 14.1 | 12.5 | 5.1 | — | 70.57% |
| 4704 | Trend Micro Inc. | 3.29% | — | — | — | — | — |
| GEN | Gen Digital Inc. | 3.25% | 14.1 | 9.3 | 2.8 | 2.07% | 64.52% |
| AKAM | Akamai Technologies, Inc. | 3.11% | 31.8 | 15.0 | 2.9 | — | 27.43% |
| ATEN | A10 Networks, Inc. | 2.13% | 42.2 | 23.3 | 5.7 | 0.98% | 14.20% |
| RDWR | Radware Ltd. | 1.57% | 55.4 | 26.7 | 3.6 | — | 7.92% |
| RPD | Rapid7, Inc. | 1.24% | 40.7 | 7.2 | 1.0 | — | 8.55% |
| 053800 | AhnLab Inc | 0.85% | — | — | — | — | — |
| OSPN | OneSpan Inc. | 0.84% | 9.9 | 14.0 | 2.6 | 2.97% | 23.95% |
| NCC | NCC Group plc | 0.70% | — | — | — | — | — |
| 2326 | Digital Arts Inc | 0.65% | — | — | — | — | — |
| 3692 | Ffri Inc | 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 BUG valuation
Adding up its 23 holdings with company data, BUG trades at 261.8 times trailing earnings and 31.2 times analysts' forward estimates, with a price-to-book ratio of 7.72 and a dividend yield of 0.12%. Its earnings yield of 0.38% is 4.95 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 63.6% of the fund and earn −8.3% of its combined profit. Companies that lost money over the past year are 34.3% 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 93.2% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: BUG chart, BUG performance, BUG holdings, BUG dividends.
BUG valuation FAQ
What is the P/E ratio of BUG?
Based on its holdings, BUG has a trailing P/E of 261.8 and a forward P/E of 31.2 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of BUG?
The trailing earnings yield is 0.38% (1 ÷ P/E) and the forward earnings yield 3.20%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is BUG more expensive than the S&P 500?
BUG trades at 261.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 31.2 and 19.9.
What is the price-to-book ratio of BUG?
The holdings of BUG trade at 7.72 times book value, with a combined return on equity of 3.0%.