Capital Group Global Growth Equity ETF (CGGO) Valuation

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

CGGO valuation today

Holdings combined · company data as of Oct 26, 2026
P/E (TTM)
26.6
trailing earnings
Forward P/E
19.1
analyst estimates
Price / sales
1.86
Price / book
5.64
EV / EBITDA
17.1
Earnings yield
3.76%
inverse of P/E
Dividend yield
0.64%
of the holdings
Return on equity
21.2%
combined
Net margin
7.0%
combined
Beta
1.24
weighted, vs S&P 500

CGGO valuation vs other stock ETFs

P/E (TTM)Forward P/E
CGGO valuation compared with other stock ETFs
ETFP/EFwd P/EP/SP/BDiv. yieldROENet marginLoss-makers
CGGO26.619.11.865.640.64%21.2%7.0%5.5%
SPY25.919.93.675.471.08%21.1%14.2%1.9%
QQQ34.223.45.939.270.58%27.1%17.4%6.9%
DIA20.918.43.165.521.55%26.4%15.1%0.0%
VTI28.219.43.315.001.07%17.7%11.8%4.6%
IWMn/m13.91.252.031.38%−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.

CGGO valuation by sector

P/E (TTM)Forward P/E
CGGO valuation by sector
SectorWeightP/EFwd P/EP/SP/BDiv. yieldROE
Technology39.1%27.218.61.617.990.49%29.4%
Industrials12.4%39.329.53.4111.410.20%29.0%
Healthcare10.8%40.316.61.183.580.87%8.9%
Consumer Cyclical7.8%21.423.11.934.700.80%21.9%
Communication Services6.3%19.521.29.267.890.23%40.5%
Consumer Defensive3.0%38.129.23.1316.021.29%42.1%

CGGO earnings yield vs bond yields

CGGO earnings yield (forward)
5.24%
CGGO earnings yield (trailing)
3.76%
CGGO dividend yield
0.64%
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 CGGO weight splits by P/E

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

CGGO largest holdings: valuation

CGGO largest holdings valuation
SymbolCompanyWeightP/EFwd P/EP/SDiv. yieldShare of earnings
TSMTaiwan Semiconductor Manufacturing Company Limited6.49%26.721.40.40.91%10.33%
AVGOBroadcom Inc.3.64%43.319.417.60.79%3.58%
GOOGLAlphabet Inc.3.31%17.122.89.30.26%8.25%
MSFTMicrosoft Corporation3.16%29.525.111.80.74%4.56%
ASMLASML Holding N.V.2.93%—————
AMZNAmazon.com, Inc.2.89%20.123.63.5—6.13%
MUMicron Technology, Inc.2.63%11.87.07.50.07%9.47%
000660SK Hynix Inc2.60%—————
SSNLFSamsung Electronics Co Ltd2.57%—————
AAPLApple Inc.1.97%39.435.210.70.31%2.13%
WDCWestern Digital Corporation1.83%12.322.89.60.18%6.33%
VRTXVertex Pharmaceuticals Incorporated1.68%28.924.110.1—2.47%
LLYEli Lilly and Company1.57%42.224.414.10.55%1.58%
METAMeta Platforms, Inc.1.55%26.722.17.90.30%2.47%
CNQCanadian Natural Resources Ltd1.52%—————
SBUXStarbucks Corporation1.50%56.430.92.92.58%1.14%
CCitigroup Inc.1.41%12.110.22.52.16%4.94%
SIESiemens Aktiengesellschaft1.34%—————
NVDANVIDIA Corporation1.27%27.124.917.10.47%2.00%
SWKSSkyworks Solutions, Inc.1.23%41.317.84.7—1.27%
III3I Group PLC1.21%—————
SHOPShopify Inc.1.15%114.558.816.6—0.43%
INTCIntel Corporation1.12%—63.38.3—−1.12%
BBVABanco Bilbao Vizcaya Argentaria SA1.11%—————
GEVGE Vernova Inc.1.01%26.438.85.90.22%1.63%

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 CGGO valuation

Adding up its 55 holdings with company data, CGGO trades at 26.6 times trailing earnings and 19.1 times analysts' forward estimates, with a price-to-book ratio of 5.64 and a dividend yield of 0.64%. Its earnings yield of 3.76% is 1.57 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).

The ten largest holdings are 32.2% of the fund and earn 54.8% of its combined profit. By sector, Healthcare is the most expensive at 40.3 times earnings and Communication Services the cheapest at 19.5. Companies that lost money over the past year are 5.5% 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 66.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.

Related: CGGO chart, CGGO performance, CGGO holdings, CGGO dividends.

CGGO valuation FAQ

What is the P/E ratio of CGGO?

Based on its holdings, CGGO has a trailing P/E of 26.6 and a forward P/E of 19.1 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).

What is the earnings yield of CGGO?

The trailing earnings yield is 3.76% (1 ÷ P/E) and the forward earnings yield 5.24%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.

Is CGGO more expensive than the S&P 500?

CGGO trades at 26.6 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 19.1 and 19.9.

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

The holdings of CGGO trade at 5.64 times book value, with a combined return on equity of 21.2%.

Which sector in CGGO has the highest P/E?

Healthcare has the highest P/E at 40.3 and Communication Services the lowest at 19.5.