Invesco Comstock Contrarian Equity ETF (CSTK) Valuation
CSTK valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 20.2 trailing earnings
- Forward P/E
- 14.4 analyst estimates
- Price / sales
- 1.98
- Price / book
- 2.67
- EV / EBITDA
- 13.1
- Earnings yield
- 4.96% inverse of P/E
- Dividend yield
- 1.94% of the holdings
- Return on equity
- 13.3% combined
- Net margin
- 9.8% combined
- Beta
- 0.92 weighted, vs S&P 500
CSTK valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| CSTK | 20.2 | 14.4 | 1.98 | 2.67 | 1.94% | 13.3% | 9.8% | 1.7% |
| 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.
CSTK valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 18.7% | 12.4 | 10.1 | 2.16 | 1.45 | 2.45% | 11.6% |
| Healthcare | 17.9% | 25.0 | 13.8 | 0.83 | 2.65 | 2.09% | 10.6% |
| Technology | 16.3% | 26.7 | 16.2 | 5.07 | 5.29 | 1.00% | 19.8% |
| Industrials | 10.9% | 26.7 | 19.3 | 1.99 | 4.11 | 1.09% | 15.4% |
| Energy | 9.7% | 17.3 | 12.9 | 2.43 | 1.86 | 2.54% | 10.7% |
| Communication Services | 6.8% | 20.0 | 19.9 | 5.04 | 4.13 | 0.50% | 20.6% |
| Consumer Cyclical | 6.3% | 21.8 | 17.6 | 2.25 | 8.24 | 2.40% | 37.8% |
| Consumer Defensive | 6.1% | 25.2 | 20.1 | 3.95 | 30.50 | 3.48% | 120.8% |
| Utilities | 3.1% | 23.3 | 15.0 | 3.61 | 1.72 | 3.55% | 7.4% |
| Basic Materials | 1.8% | 89.8 | 17.7 | 2.15 | 1.56 | 1.76% | 1.7% |
CSTK 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 CSTK weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
CSTK largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| GOOGL | Alphabet Inc. | 3.63% | 17.1 | 22.8 | 9.3 | 0.26% | 4.46% |
| MSFT | Microsoft Corporation | 3.34% | 29.5 | 25.1 | 11.8 | 0.74% | 2.38% |
| CVX | Chevron Corporation | 3.10% | 21.2 | 15.2 | 2.1 | 3.16% | 3.07% |
| CSCO | Cisco Systems, Inc. | 3.03% | 32.2 | 19.8 | 6.7 | 1.56% | 1.97% |
| WFC | Wells Fargo & Company | 2.99% | 11.8 | 10.2 | 3.0 | 2.38% | 5.31% |
| PM | Philip Morris International Inc. | 2.66% | 29.5 | 20.9 | 7.5 | 3.12% | 1.89% |
| CVS | CVS Health Corporation | 2.59% | 24.3 | 10.7 | 0.3 | 2.88% | 2.24% |
| ELV | Elevance Health Inc. | 2.58% | 19.0 | 13.7 | 0.5 | 1.61% | 2.86% |
| BAC | Bank of America Corporation | 2.50% | 12.2 | 10.8 | 3.1 | 2.50% | 4.29% |
| MRK | Merck & Co., Inc. | 2.48% | 115.8 | 15.3 | 5.4 | 2.33% | 0.45% |
| JCI | Johnson Controls International plc | 2.13% | 41.1 | 23.9 | 3.5 | 1.10% | 1.09% |
| COP | ConocoPhillips | 2.11% | 19.4 | 12.7 | 2.7 | 2.29% | 2.28% |
| EMR | Emerson Electric Co. | 2.09% | 35.3 | 21.5 | 4.9 | 1.37% | 1.25% |
| ETN | Eaton Corporation plc | 2.07% | 39.8 | 27.6 | 5.1 | 1.12% | 1.09% |
| UNH | UnitedHealth Group Incorporated | 1.98% | 25.8 | 16.6 | 0.8 | 2.31% | 1.61% |
| KO | The Coca-Cola Company | 1.95% | 28.2 | 25.3 | 8.1 | 2.26% | 1.46% |
| STT | State Street Corporation | 1.93% | 13.5 | 11.9 | 2.9 | 2.22% | 3.00% |
| DVN | Devon Energy Corporation | 1.92% | 11.1 | 9.3 | 3.0 | 2.52% | 3.66% |
| SRE | Sempra | 1.91% | 24.1 | 14.5 | 4.0 | 3.15% | 1.66% |
| NXPI | NXP Semiconductors N.V. | 1.79% | 19.6 | 12.9 | 4.4 | 1.77% | 1.92% |
| IFF | International Flavors & Fragrances Inc. | 1.79% | 89.8 | 17.7 | 2.1 | 1.76% | 0.42% |
| META | Meta Platforms, Inc. | 1.76% | 26.7 | 22.1 | 7.9 | 0.30% | 1.38% |
| CAT | Caterpillar Inc. | 1.75% | 31.5 | 25.4 | 4.5 | 0.89% | 1.17% |
| FITB | Fifth Third Bancorp | 1.73% | 17.0 | 10.8 | 4.5 | 3.34% | 2.15% |
| INTC | Intel Corporation | 1.65% | — | 63.3 | 8.3 | — | −0.82% |
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 CSTK valuation
Adding up its 56 holdings with company data, CSTK trades at 20.2 times trailing earnings and 14.4 times analysts' forward estimates, with a price-to-book ratio of 2.67 and a dividend yield of 1.94%. Its earnings yield of 4.96% is 0.37 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 28.9% of the fund and earn 28.9% of its combined profit. By sector, Basic Materials is the most expensive at 89.8 times earnings and Financial Services the cheapest at 12.4. Companies that lost money over the past year are 1.7% 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 98.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: CSTK chart, CSTK performance, CSTK holdings, CSTK dividends.
CSTK valuation FAQ
What is the P/E ratio of CSTK?
Based on its holdings, CSTK has a trailing P/E of 20.2 and a forward P/E of 14.4 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of CSTK?
The trailing earnings yield is 4.96% (1 ÷ P/E) and the forward earnings yield 6.95%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is CSTK more expensive than the S&P 500?
CSTK trades at 20.2 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 14.4 and 19.9.
What is the price-to-book ratio of CSTK?
The holdings of CSTK trade at 2.67 times book value, with a combined return on equity of 13.3%.
Which sector in CSTK has the highest P/E?
Basic Materials has the highest P/E at 89.8 and Financial Services the lowest at 12.4.