Mohr Company Nav ETF (CNAV) Valuation
CNAV valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 39.7 trailing earnings
- Forward P/E
- 23.8 analyst estimates
- Price / sales
- 1.53
- Price / book
- 5.91
- EV / EBITDA
- 18.2
- Earnings yield
- 2.52% inverse of P/E
- Dividend yield
- 0.60% of the holdings
- Return on equity
- 14.9% combined
- Net margin
- 3.9% combined
- Beta
- 1.16 weighted, vs S&P 500
CNAV valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| CNAV | 39.7 | 23.8 | 1.53 | 5.91 | 0.60% | 14.9% | 3.9% | 12.4% |
| 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.
CNAV valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 58.1% | 47.9 | 36.2 | 8.17 | 11.52 | 0.23% | 24.1% |
| Healthcare | 19.2% | 645.5 | 21.0 | 0.53 | 3.78 | 0.56% | 0.6% |
| Energy | 10.4% | 13.6 | 9.8 | 0.74 | 2.26 | 1.74% | 16.6% |
| Consumer Cyclical | 3.1% | 15.4 | 13.6 | 0.46 | 5.98 | 4.15% | 38.8% |
| Financial Services | 3.0% | 10.5 | 10.8 | 1.66 | 2.14 | 1.28% | 20.4% |
| Basic Materials | 2.8% | 34.3 | 18.1 | 3.86 | 5.18 | 0.86% | 15.1% |
| Industrials | 2.7% | 39.3 | 25.1 | 4.76 | 6.61 | 0.59% | 16.8% |
CNAV 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 CNAV weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
CNAV largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| DELL | Dell Technologies Inc. | 4.57% | 26.3 | 21.3 | 1.9 | 0.56% | 7.16% |
| DINO | HF Sinclair Corporation | 4.24% | 11.9 | 10.0 | 0.7 | 1.68% | 14.62% |
| NTAP | NetApp, Inc. | 4.18% | 28.7 | 21.4 | 5.4 | 1.02% | 5.99% |
| ILMN | Illumina, Inc. | 4.02% | 49.0 | 40.3 | 8.8 | — | 3.38% |
| WDC | Western Digital Corporation | 3.98% | 12.3 | 22.8 | 9.6 | 0.18% | 13.28% |
| CRWD | CrowdStrike Holdings, Inc. | 3.85% | — | 208.3 | 43.1 | — | 0.04% |
| P | Everpure, Inc. | 3.83% | 169.9 | 44.8 | 9.7 | — | 0.93% |
| OKTA | Okta, Inc. | 3.50% | 112.8 | 54.3 | 10.7 | — | 1.28% |
| HUM | Humana Inc. | 3.48% | 39.1 | 24.3 | 0.3 | 0.86% | 3.66% |
| AAPL | Apple Inc. | 3.40% | 39.4 | 35.2 | 10.7 | 0.31% | 3.55% |
| ZS | Zscaler, Inc. | 3.32% | — | 43.9 | 10.1 | — | −0.26% |
| GRMN | Garmin Ltd. | 3.30% | 29.4 | 24.8 | 7.2 | 1.47% | 4.62% |
| FFIV | F5, Inc. | 3.25% | 35.2 | 24.6 | 7.6 | — | 3.80% |
| VEEV | Veeva Systems Inc. | 3.21% | 50.9 | 30.2 | 14.5 | — | 2.60% |
| PSX | Phillips 66 | 3.20% | 16.8 | 9.7 | 0.8 | 1.81% | 7.87% |
| PLTR | Palantir Technologies Inc. | 3.15% | 160.4 | 85.5 | 72.6 | — | 0.81% |
| PTC | PTC Inc. | 3.14% | 18.7 | 16.3 | 7.1 | — | 6.91% |
| BBY | Best Buy Co., Inc. | 3.07% | 15.4 | 13.6 | 0.5 | 4.15% | 8.20% |
| TRV | The Travelers Companies, Inc. | 3.03% | 10.5 | 10.8 | 1.7 | 1.28% | 11.93% |
| SU | Suncor Energy Inc | 3.01% | — | — | — | — | — |
| PANW | Palo Alto Networks, Inc. | 2.99% | 855.0 | 94.3 | 24.4 | — | 0.14% |
| NET | Cloudflare, Inc. | 2.97% | — | 178.6 | 42.0 | — | −0.22% |
| SHOP | Shopify Inc. | 2.92% | 114.5 | 58.8 | 16.6 | — | 1.05% |
| AMGN | Amgen Inc. | 2.88% | 26.9 | 16.7 | 6.1 | 2.33% | 4.42% |
| SNOW | Snowflake Inc. | 2.87% | — | 169.5 | 19.9 | — | −1.22% |
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 CNAV valuation
Adding up its 33 holdings with company data, CNAV trades at 39.7 times trailing earnings and 23.8 times analysts' forward estimates, with a price-to-book ratio of 5.91 and a dividend yield of 0.60%. Its earnings yield of 2.52% is 2.81 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 39.0% of the fund and earn 53.9% of its combined profit. By sector, Healthcare is the most expensive at 645.5 times earnings and Financial Services the cheapest at 10.5. Companies that lost money over the past year are 12.4% 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 97.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: CNAV chart, CNAV performance, CNAV holdings.
CNAV valuation FAQ
What is the P/E ratio of CNAV?
Based on its holdings, CNAV has a trailing P/E of 39.7 and a forward P/E of 23.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of CNAV?
The trailing earnings yield is 2.52% (1 ÷ P/E) and the forward earnings yield 4.19%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is CNAV more expensive than the S&P 500?
CNAV trades at 39.7 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 23.8 and 19.9.
What is the price-to-book ratio of CNAV?
The holdings of CNAV trade at 5.91 times book value, with a combined return on equity of 14.9%.
Which sector in CNAV has the highest P/E?
Healthcare has the highest P/E at 645.5 and Financial Services the lowest at 10.5.