Capital Group Conservative Equity ETF (CGCV) Valuation
CGCV valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 26.4 trailing earnings
- Forward P/E
- 18.3 analyst estimates
- Price / sales
- 3.04
- Price / book
- 4.62
- EV / EBITDA
- 17.3
- Earnings yield
- 3.79% inverse of P/E
- Dividend yield
- 1.97% of the holdings
- Return on equity
- 17.6% combined
- Net margin
- 11.5% combined
- Beta
- 0.83 weighted, vs S&P 500
CGCV valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| CGCV | 26.4 | 18.3 | 3.04 | 4.62 | 1.97% | 17.6% | 11.5% | 3.1% |
| 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.
CGCV valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 26.0% | 30.1 | 22.2 | 3.69 | 10.10 | 1.01% | 33.6% |
| Healthcare | 13.2% | 44.7 | 18.2 | 2.15 | 6.28 | 1.71% | 14.0% |
| Consumer Defensive | 11.1% | 22.8 | 17.3 | 4.59 | 6.04 | 3.61% | 26.5% |
| Financial Services | 11.0% | 14.3 | 12.9 | 3.21 | 2.22 | 2.01% | 15.5% |
| Industrials | 7.4% | 24.7 | 19.3 | 2.24 | 3.66 | 2.12% | 14.8% |
| Consumer Cyclical | 7.4% | 66.0 | 18.5 | 1.90 | 7.36 | 3.13% | 11.1% |
| Utilities | 6.2% | 21.5 | 16.8 | 2.72 | 2.20 | 3.02% | 10.2% |
| Energy | 4.9% | 19.1 | 13.8 | 2.24 | 2.53 | 2.25% | 13.3% |
| Communication Services | 4.4% | 21.7 | 22.4 | 8.45 | 7.10 | 0.28% | 32.8% |
| Basic Materials | 2.7% | 56.4 | 21.9 | 5.92 | 5.08 | 1.76% | 9.0% |
| Real Estate | 1.6% | 54.4 | 50.1 | 12.94 | 3.05 | 2.10% | 5.6% |
CGCV 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 CGCV weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
CGCV largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| MSFT | Microsoft Corporation | 6.20% | 29.5 | 25.1 | 11.8 | 0.74% | 5.89% |
| AVGO | Broadcom Inc. | 3.60% | 43.3 | 19.4 | 17.6 | 0.79% | 2.33% |
| PM | Philip Morris International Inc. | 3.44% | 29.5 | 20.9 | 7.5 | 3.12% | 3.27% |
| LLY | Eli Lilly and Company | 3.10% | 42.2 | 24.4 | 14.1 | 0.55% | 2.06% |
| ABBV | AbbVie Inc. | 2.92% | 80.6 | 16.4 | 7.8 | 2.42% | 1.02% |
| AAPL | Apple Inc. | 2.85% | 39.4 | 35.2 | 10.7 | 0.31% | 2.03% |
| CSCO | Cisco Systems, Inc. | 2.77% | 32.2 | 19.8 | 6.7 | 1.56% | 2.41% |
| META | Meta Platforms, Inc. | 2.58% | 26.7 | 22.1 | 7.9 | 0.30% | 2.70% |
| SBUX | Starbucks Corporation | 2.42% | 56.4 | 30.9 | 2.9 | 2.58% | 1.20% |
| JPM | JPMorgan Chase & Co. | 2.38% | 14.2 | 13.5 | 4.7 | 1.94% | 4.67% |
| XOM | Exxon Mobil Corporation | 2.12% | 23.0 | 14.8 | 2.0 | 2.30% | 2.58% |
| MDLZ | Mondelez International, Inc. | 2.07% | 23.5 | 18.2 | 2.1 | 3.25% | 2.47% |
| NVDA | NVIDIA Corporation | 1.98% | 27.1 | 24.9 | 17.1 | 0.47% | 2.05% |
| KO | The Coca-Cola Company | 1.87% | 28.2 | 25.3 | 8.1 | 2.26% | 1.85% |
| GCP | General Electric Company | 1.85% | — | — | — | — | — |
| RTX | RTX Corporation | 1.84% | 34.1 | 24.6 | 2.8 | 1.51% | 1.51% |
| HD | The Home Depot, Inc. | 1.83% | 21.5 | 19.8 | 1.8 | 3.01% | 2.38% |
| GOOGL | Alphabet Inc. | 1.81% | 17.1 | 22.8 | 9.3 | 0.26% | 2.97% |
| TSM | Taiwan Semiconductor Manufacturing Company Limited | 1.78% | 26.7 | 21.4 | 0.4 | 0.91% | 1.86% |
| CNP | CenterPoint Energy, Inc. | 1.70% | 24.0 | 17.7 | 2.8 | 2.37% | 1.98% |
| UNP | Union Pacific Corporation | 1.60% | 23.4 | 19.3 | 6.8 | 1.97% | 1.92% |
| LIN | Linde plc | 1.54% | 32.2 | 23.6 | 6.5 | 1.28% | 1.34% |
| CARR | Carrier Global Corporation | 1.53% | 39.9 | 16.3 | 2.1 | 1.75% | 1.07% |
| BTI | British American Tobacco p.l.c. | 1.39% | 15.4 | 10.7 | 5.0 | 5.57% | 2.52% |
| MO | Altria Group, Inc. | 1.35% | 15.8 | 11.9 | 6.1 | 5.91% | 2.40% |
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 CGCV valuation
Adding up its 69 holdings with company data, CGCV trades at 26.4 times trailing earnings and 18.3 times analysts' forward estimates, with a price-to-book ratio of 4.62 and a dividend yield of 1.97%. Its earnings yield of 3.79% is 1.53 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 32.3% of the fund and earn 27.6% of its combined profit. By sector, Consumer Cyclical is the most expensive at 66.0 times earnings and Financial Services the cheapest at 14.3. Companies that lost money over the past year are 3.1% 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 96.3% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: CGCV chart, CGCV performance, CGCV holdings, CGCV dividends.
CGCV valuation FAQ
What is the P/E ratio of CGCV?
Based on its holdings, CGCV has a trailing P/E of 26.4 and a forward P/E of 18.3 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of CGCV?
The trailing earnings yield is 3.79% (1 ÷ P/E) and the forward earnings yield 5.46%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is CGCV more expensive than the S&P 500?
CGCV trades at 26.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 18.3 and 19.9.
What is the price-to-book ratio of CGCV?
The holdings of CGCV trade at 4.62 times book value, with a combined return on equity of 17.6%.
Which sector in CGCV has the highest P/E?
Consumer Cyclical has the highest P/E at 66.0 and Financial Services the lowest at 14.3.