Calvert US Large-Cap Diversity Equity and… (CDEI) Valuation
CDEI valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 28.0 trailing earnings
- Forward P/E
- 20.7 analyst estimates
- Price / sales
- 4.74
- Price / book
- 6.10
- EV / EBITDA
- 19.0
- Earnings yield
- 3.57% inverse of P/E
- Dividend yield
- 1.10% of the holdings
- Return on equity
- 21.8% combined
- Net margin
- 16.9% combined
- Beta
- 1.13 weighted, vs S&P 500
CDEI valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| CDEI | 28.0 | 20.7 | 4.74 | 6.10 | 1.10% | 21.8% | 16.9% | 2.7% |
| 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.
CDEI valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 42.8% | 36.4 | 26.4 | 8.72 | 11.46 | 0.59% | 31.5% |
| Financial Services | 15.9% | 17.6 | 15.0 | 4.12 | 3.22 | 1.41% | 18.3% |
| Healthcare | 12.9% | 45.6 | 17.8 | 4.44 | 6.85 | 1.50% | 15.0% |
| Communication Services | 9.2% | 16.3 | 18.0 | 4.40 | 4.79 | 0.94% | 29.3% |
| Industrials | 4.8% | 29.5 | 22.4 | 2.67 | 7.05 | 1.00% | 23.9% |
| Consumer Defensive | 4.0% | 30.3 | 21.9 | 2.01 | 5.98 | 2.30% | 19.7% |
| Consumer Cyclical | 3.1% | 33.7 | 17.0 | 1.70 | 7.84 | 1.61% | 23.3% |
| Real Estate | 2.2% | 39.2 | 38.1 | 8.83 | 3.25 | 3.29% | 8.3% |
| Utilities | 1.5% | 21.0 | 16.3 | 2.66 | 1.90 | 2.90% | 9.1% |
| Energy | 0.4% | 17.8 | 16.2 | 2.24 | 2.17 | 1.72% | 12.2% |
| Basic Materials | 0.2% | 51.0 | 23.1 | 2.66 | 4.22 | 1.25% | 8.3% |
CDEI 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 CDEI weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
CDEI largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AAPL | Apple Inc. | 9.34% | 39.4 | 35.2 | 10.7 | 0.31% | 6.86% |
| NVDA | NVIDIA Corporation | 8.52% | 27.1 | 24.9 | 17.1 | 0.47% | 9.11% |
| MSFT | Microsoft Corporation | 7.07% | 29.5 | 25.1 | 11.8 | 0.74% | 6.94% |
| GOOGL | Alphabet Inc. | 6.75% | 17.1 | 22.8 | 9.3 | 0.26% | 11.43% |
| LLY | Eli Lilly and Company | 3.69% | 42.2 | 24.4 | 14.1 | 0.55% | 2.53% |
| AMD | Advanced Micro Devices, Inc. | 3.17% | 134.9 | 39.5 | 20.9 | — | 0.68% |
| JPM | JPMorgan Chase & Co. | 3.00% | 14.2 | 13.5 | 4.7 | 1.94% | 6.09% |
| V | Visa Inc. | 2.90% | 34.3 | 24.0 | 17.0 | 0.67% | 2.45% |
| MA | Mastercard Incorporated | 2.17% | 34.0 | 24.2 | 15.4 | 0.56% | 1.84% |
| ABBV | AbbVie Inc. | 2.06% | 80.6 | 16.4 | 7.8 | 2.42% | 0.74% |
| CSCO | Cisco Systems, Inc. | 1.61% | 32.2 | 19.8 | 6.7 | 1.56% | 1.44% |
| PG | The Procter & Gamble Company | 1.55% | 24.1 | 21.2 | 4.3 | 2.73% | 1.86% |
| INTC | Intel Corporation | 1.53% | — | 63.3 | 8.3 | — | −1.04% |
| BAC | Bank of America Corporation | 1.45% | 12.2 | 10.8 | 3.1 | 2.50% | 3.42% |
| MRK | Merck & Co., Inc. | 1.42% | 115.8 | 15.3 | 5.4 | 2.33% | 0.35% |
| GCP | General Electric Company | 1.22% | — | — | — | — | — |
| COST | Costco Wholesale Corporation | 1.19% | 47.6 | 40.3 | 1.4 | 0.59% | 0.72% |
| NFLX | Netflix, Inc. | 1.15% | 22.2 | 18.7 | 6.1 | — | 1.50% |
| LRCX | Lam Research Corporation | 1.14% | 45.8 | 33.7 | 14.2 | 0.50% | 0.72% |
| PANW | Palo Alto Networks, Inc. | 1.11% | 855.0 | 94.3 | 24.4 | — | 0.04% |
| TXN | Texas Instruments Incorporated | 1.06% | 42.1 | 27.5 | 13.0 | 2.20% | 0.73% |
| IBM | International Business Machines Corporation | 0.97% | 20.6 | 17.4 | 3.2 | 2.91% | 1.36% |
| GEV | GE Vernova Inc. | 0.90% | 26.4 | 38.8 | 5.9 | 0.22% | 0.98% |
| HD | The Home Depot, Inc. | 0.81% | 21.5 | 19.8 | 1.8 | 3.01% | 1.08% |
| CRM | Salesforce, Inc. | 0.77% | 22.0 | 14.0 | 4.5 | 0.73% | 1.02% |
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 CDEI valuation
Adding up its 223 holdings with company data, CDEI trades at 28.0 times trailing earnings and 20.7 times analysts' forward estimates, with a price-to-book ratio of 6.10 and a dividend yield of 1.10%. Its earnings yield of 3.57% is 1.75 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 48.7% of the fund and earn 48.7% of its combined profit. By sector, Basic Materials is the most expensive at 51.0 times earnings and Communication Services the cheapest at 16.3. Companies that lost money over the past year are 2.7% 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 98.5% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: CDEI chart, CDEI performance, CDEI holdings, CDEI dividends.
CDEI valuation FAQ
What is the P/E ratio of CDEI?
Based on its holdings, CDEI has a trailing P/E of 28.0 and a forward P/E of 20.7 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of CDEI?
The trailing earnings yield is 3.57% (1 ÷ P/E) and the forward earnings yield 4.84%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is CDEI more expensive than the S&P 500?
CDEI trades at 28.0 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 20.7 and 19.9.
What is the price-to-book ratio of CDEI?
The holdings of CDEI trade at 6.10 times book value, with a combined return on equity of 21.8%.
Which sector in CDEI has the highest P/E?
Basic Materials has the highest P/E at 51.0 and Communication Services the lowest at 16.3.