Amplify Cash Flow Dividend Leaders ETF (COWS) Valuation
COWS valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 17.6 trailing earnings
- Forward P/E
- 13.0 analyst estimates
- Price / sales
- 1.87
- Price / book
- 3.36
- EV / EBITDA
- 10.0
- Earnings yield
- 5.70% inverse of P/E
- Dividend yield
- 1.80% of the holdings
- Return on equity
- 19.1% combined
- Net margin
- 10.6% combined
- Beta
- 0.86 weighted, vs S&P 500
COWS valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| COWS | 17.6 | 13.0 | 1.87 | 3.36 | 1.80% | 19.1% | 10.6% | 0.0% |
| 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.
COWS valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 22.4% | 18.5 | 13.8 | 2.37 | 3.45 | 1.73% | 18.6% |
| Industrials | 17.7% | 16.3 | 12.5 | 0.98 | 3.19 | 1.80% | 19.6% |
| Energy | 17.3% | 17.6 | 13.6 | 2.49 | 2.27 | 1.82% | 12.9% |
| Financial Services | 14.6% | 20.6 | 13.8 | 3.08 | 3.32 | 1.45% | 16.2% |
| Consumer Cyclical | 14.6% | 17.8 | 12.8 | 1.79 | 7.34 | 1.75% | 41.2% |
| Healthcare | 3.3% | 13.1 | 12.0 | 3.44 | 9.40 | 2.67% | 72.0% |
| Consumer Defensive | 3.0% | 11.8 | 10.0 | 2.41 | 2.43 | 3.14% | 20.7% |
| Basic Materials | 2.9% | 21.8 | 10.0 | 1.68 | 3.57 | 0.88% | 16.4% |
| Communication Services | 2.4% | 16.6 | 11.7 | 1.85 | 3.16 | 2.94% | 19.0% |
COWS 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 COWS weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
COWS largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| HAS | Hasbro, Inc. | 3.64% | 17.8 | 13.5 | 2.8 | 2.84% | 3.66% |
| ZTS | Zoetis Inc. | 3.27% | 13.1 | 12.0 | 3.4 | 2.67% | 4.48% |
| XOM | Exxon Mobil Corporation | 3.20% | 23.0 | 14.8 | 2.0 | 2.30% | 2.49% |
| CVX | Chevron Corporation | 3.12% | 21.2 | 15.2 | 2.1 | 3.16% | 2.63% |
| TEL | TE Connectivity Ltd. | 3.05% | 20.8 | 16.6 | 3.2 | 1.47% | 2.62% |
| INTU | Intuit Inc. | 3.03% | 19.8 | 12.7 | 4.1 | 1.70% | 2.74% |
| STZ | Constellation Brands, Inc. | 3.00% | 11.8 | 10.0 | 2.4 | 3.14% | 4.56% |
| STLD | Steel Dynamics, Inc. | 2.90% | 21.8 | 10.0 | 1.7 | 0.88% | 2.38% |
| QCOM | QUALCOMM Incorporated | 2.89% | 19.9 | 19.6 | 4.2 | 2.14% | 2.60% |
| AVY | Avery Dennison Corporation | 2.88% | 19.2 | 15.3 | 1.4 | 2.28% | 2.69% |
| CCK | Crown Holdings, Inc. | 2.86% | 16.4 | 12.1 | 0.9 | 1.15% | 3.12% |
| RRC | Range Resources Corporation | 2.86% | 11.9 | 10.0 | 3.1 | 0.93% | 4.29% |
| BKNG | Booking Holdings Inc. | 2.83% | 18.1 | 13.3 | 4.3 | 1.03% | 2.80% |
| EQT | EQT Corporation | 2.83% | 12.6 | 14.1 | 3.7 | 1.25% | 4.02% |
| LNG | Cheniere Energy, Inc. | 2.83% | 21.9 | 13.5 | 2.9 | 0.77% | 2.31% |
| ROP | Roper Technologies, Inc. | 2.82% | 15.9 | 15.0 | 4.6 | 0.95% | 3.16% |
| HPE | Hewlett Packard Enterprise Company | 2.80% | 28.4 | 13.6 | 1.7 | 1.03% | 1.77% |
| TTEK | Tetra Tech, Inc. | 2.76% | 20.9 | 19.9 | 2.0 | 0.83% | 2.36% |
| CSL | Carlisle Companies Incorporated | 2.76% | 19.0 | 13.5 | 2.6 | 1.50% | 2.60% |
| PNR | Pentair plc | 2.65% | 13.8 | 10.7 | 2.1 | 2.02% | 3.45% |
| FDX | FedEx Corporation | 2.65% | 15.8 | 14.2 | 0.7 | 1.66% | 2.99% |
| ACM | AECOM | 2.52% | 20.8 | 9.6 | 0.5 | 2.10% | 2.18% |
| OSK | Oshkosh Corporation | 2.48% | 14.5 | 9.4 | 0.7 | 1.80% | 3.05% |
| TMUS | T-Mobile US, Inc. | 2.44% | 16.6 | 11.7 | 1.9 | 2.94% | 2.63% |
| SLB | Schlumberger Limited | 2.43% | 23.9 | 15.9 | 2.0 | 2.38% | 1.82% |
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 COWS valuation
Adding up its 40 holdings with company data, COWS trades at 17.6 times trailing earnings and 13.0 times analysts' forward estimates, with a price-to-book ratio of 3.36 and a dividend yield of 1.80%. Its earnings yield of 5.70% is 0.37 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 31.0% of the fund and earn 30.9% of its combined profit. By sector, Basic Materials is the most expensive at 21.8 times earnings and Consumer Defensive the cheapest at 11.8. Companies that lost money over the past year are 0.0% 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 99.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: COWS chart, COWS performance, COWS holdings, COWS dividends.
COWS valuation FAQ
What is the P/E ratio of COWS?
Based on its holdings, COWS has a trailing P/E of 17.6 and a forward P/E of 13.0 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of COWS?
The trailing earnings yield is 5.70% (1 ÷ P/E) and the forward earnings yield 7.71%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is COWS more expensive than the S&P 500?
COWS trades at 17.6 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 13.0 and 19.9.
What is the price-to-book ratio of COWS?
The holdings of COWS trade at 3.36 times book value, with a combined return on equity of 19.1%.
Which sector in COWS has the highest P/E?
Basic Materials has the highest P/E at 21.8 and Consumer Defensive the lowest at 11.8.