Castellan Targeted Equity ETF (CTEF) Valuation
CTEF valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 17.1 trailing earnings
- Forward P/E
- 13.7 analyst estimates
- Price / sales
- 2.01
- Price / book
- 5.76
- EV / EBITDA
- 11.9
- Earnings yield
- 5.86% inverse of P/E
- Dividend yield
- 0.47% of the holdings
- Return on equity
- 33.8% combined
- Net margin
- 11.8% combined
- Beta
- 1.47 weighted, vs S&P 500
CTEF valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| CTEF | 17.1 | 13.7 | 2.01 | 5.76 | 0.47% | 33.8% | 11.8% | 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.
CTEF valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 40.8% | 24.4 | 19.2 | 4.53 | 21.26 | 0.34% | 87.0% |
| Financial Services | 24.2% | 11.3 | 8.2 | 2.19 | 2.20 | 0.83% | 19.5% |
| Consumer Cyclical | 15.6% | 16.8 | 12.6 | 2.42 | 13.05 | 0.51% | 77.6% |
| Healthcare | 9.2% | 14.3 | 14.9 | 0.48 | 4.74 | 0.16% | 33.2% |
| Industrials | 3.9% | 35.4 | 26.0 | 4.51 | 17.79 | 0.25% | 50.2% |
CTEF 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 CTEF weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
CTEF largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NTAP | NetApp, Inc. | 6.46% | 28.7 | 21.4 | 5.4 | 1.02% | 4.09% |
| DAVE | Dave Inc. | 6.33% | 23.7 | 16.9 | 7.3 | — | 4.87% |
| FTNT | Fortinet, Inc. | 5.85% | 59.8 | 45.0 | 16.5 | — | 1.78% |
| VIRT | Virtu Financial, Inc. | 5.69% | 9.4 | 8.4 | 1.5 | 1.69% | 10.98% |
| THC | Tenet Healthcare Corporation | 5.23% | 10.5 | 12.5 | 1.0 | — | 9.06% |
| FGXXX | First American Funds Inc. - Government Obligations Fund | 5.18% | — | — | — | — | — |
| AMG | Affiliated Managers Group, Inc. | 5.04% | 13.4 | 8.8 | 4.4 | 0.01% | 6.83% |
| BFH | Bread Financial Holdings, Inc. | 4.93% | 8.0 | 7.6 | 1.5 | 0.90% | 11.28% |
| FTDR | Frontdoor, Inc. | 4.92% | 20.8 | 14.5 | 2.5 | — | 4.30% |
| PLMR | Palomar Holdings, Inc. | 4.58% | 18.8 | — | 3.4 | 1.29% | 4.44% |
| EXPE | Expedia Group, Inc. | 4.31% | 18.0 | 11.3 | 2.2 | 0.66% | 4.35% |
| NVDA | NVIDIA Corporation | 4.15% | 27.1 | 24.9 | 17.1 | 0.47% | 2.79% |
| MU | Micron Technology, Inc. | 4.02% | 11.8 | 7.0 | 7.5 | 0.07% | 6.19% |
| JBL | Jabil Inc. | 4.02% | 28.5 | 19.3 | 0.8 | 0.11% | 2.56% |
| MCK | McKesson Corporation | 4.00% | 26.9 | 19.7 | 0.3 | 0.37% | 2.70% |
| ENVA | Enova International, Inc. | 3.95% | 13.3 | 8.3 | 2.6 | — | 5.42% |
| FIX | Comfort Systems USA, Inc. | 3.86% | 35.4 | 26.0 | 4.5 | 0.25% | 1.98% |
| LRCX | Lam Research Corporation | 3.81% | 45.8 | 33.7 | 14.2 | 0.50% | 1.51% |
| TPR | Tapestry, Inc. | 3.31% | 16.5 | 14.2 | 3.0 | 1.54% | 3.64% |
| WDC | Western Digital Corporation | 3.26% | 12.3 | 22.8 | 9.6 | 0.18% | 4.81% |
| DECK | Deckers Outdoor Corporation | 3.09% | 12.1 | 10.6 | 2.1 | — | 4.63% |
| MSFT | Microsoft Corporation | 2.87% | 29.5 | 25.1 | 11.8 | 0.74% | 1.77% |
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 CTEF valuation
Adding up its 21 holdings with company data, CTEF trades at 17.1 times trailing earnings and 13.7 times analysts' forward estimates, with a price-to-book ratio of 5.76 and a dividend yield of 0.47%. Its earnings yield of 5.86% is 0.54 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 54.2% of the fund and earn 62.0% of its combined profit. By sector, Industrials is the most expensive at 35.4 times earnings and Financial Services the cheapest at 11.3. 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 94.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: CTEF chart, CTEF performance, CTEF holdings, CTEF dividends.
CTEF valuation FAQ
What is the P/E ratio of CTEF?
Based on its holdings, CTEF has a trailing P/E of 17.1 and a forward P/E of 13.7 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of CTEF?
The trailing earnings yield is 5.86% (1 ÷ P/E) and the forward earnings yield 7.31%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is CTEF more expensive than the S&P 500?
CTEF trades at 17.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 13.7 and 19.9.
What is the price-to-book ratio of CTEF?
The holdings of CTEF trade at 5.76 times book value, with a combined return on equity of 33.8%.
Which sector in CTEF has the highest P/E?
Industrials has the highest P/E at 35.4 and Financial Services the lowest at 11.3.