AdvisorShares Focused Equity ETF (CWS) Valuation
CWS valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 23.4 trailing earnings
- Forward P/E
- 17.6 analyst estimates
- Price / sales
- 1.28
- Price / book
- 5.25
- EV / EBITDA
- 14.8
- Earnings yield
- 4.27% inverse of P/E
- Dividend yield
- 0.88% of the holdings
- Return on equity
- 22.4% combined
- Net margin
- 5.5% combined
- Beta
- 0.91 weighted, vs S&P 500
CWS valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| CWS | 23.4 | 17.6 | 1.28 | 5.25 | 0.88% | 22.4% | 5.5% | 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.
CWS valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Healthcare | 29.2% | 28.0 | 17.8 | 0.61 | 4.65 | 0.77% | 16.6% |
| Technology | 20.3% | 19.1 | 13.1 | 1.86 | 6.36 | 1.02% | 33.3% |
| Industrials | 17.6% | 26.4 | 33.3 | 3.77 | 8.17 | 0.34% | 31.0% |
| Financial Services | 12.6% | 23.9 | 17.7 | 6.64 | 5.10 | 1.24% | 21.3% |
| Consumer Cyclical | 11.9% | 24.8 | 17.1 | 1.83 | 5.68 | 0.96% | 22.9% |
| Utilities | 4.3% | 23.4 | 20.0 | 5.08 | 2.27 | 2.65% | 9.7% |
| Consumer Defensive | 3.5% | 12.5 | 11.1 | 0.68 | 4.10 | 0.00% | 32.9% |
CWS 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 CWS weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
CWS largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| FIX | Comfort Systems USA, Inc. | 5.68% | 35.4 | 26.0 | 4.5 | 0.25% | 3.78% |
| SAIC | Science Applications International Corporation | 5.60% | 15.5 | 10.6 | 0.8 | 1.11% | 8.50% |
| CASY | Casey's General Stores, Inc. | 5.25% | 33.2 | 29.1 | 1.4 | 0.38% | 3.73% |
| MCK | McKesson Corporation | 5.22% | 26.9 | 19.7 | 0.3 | 0.37% | 4.57% |
| TMO | Thermo Fisher Scientific Inc. | 4.70% | 37.1 | 24.2 | 5.5 | 0.27% | 2.98% |
| IESC | IES Holdings, Inc. | 4.50% | 22.4 | 208.3 | 2.7 | — | 4.74% |
| APH | Amphenol Corporation | 4.49% | 39.7 | 24.6 | 6.7 | 0.63% | 2.66% |
| HSIC | Henry Schein, Inc. | 4.47% | 25.2 | 14.8 | 0.7 | — | 4.18% |
| FDS | FactSet Research Systems Inc. | 4.45% | 20.7 | 13.9 | 4.3 | 1.54% | 5.06% |
| ALSN | Allison Transmission Holdings, Inc. | 4.38% | 17.8 | 10.2 | 2.1 | 1.04% | 5.81% |
| AWK | American Water Works Company, Inc. | 4.29% | 23.4 | 20.0 | 5.1 | 2.65% | 4.32% |
| RMD | ResMed Inc. | 4.25% | 22.9 | 18.5 | 5.9 | 1.10% | 4.37% |
| ICE | Intercontinental Exchange, Inc. | 4.23% | 22.8 | 18.1 | 8.6 | 1.29% | 4.37% |
| MCO | Moody's Corporation | 3.97% | 30.8 | 24.3 | 10.3 | 0.85% | 3.04% |
| COR | Cencora | 3.87% | 25.3 | 15.7 | 0.2 | 0.70% | 3.60% |
| HEI | HEICO Corporation | 3.77% | 51.6 | 42.6 | 8.4 | 0.08% | 1.72% |
| MLI | Mueller Industries, Inc. | 3.65% | 15.6 | 18.2 | 2.9 | 1.17% | 5.50% |
| SFM | Sprouts Farmers Market, Inc. | 3.50% | 12.5 | 11.1 | 0.7 | — | 6.62% |
| SYK | Stryker Corporation | 3.38% | 30.5 | 16.5 | 4.4 | 1.19% | 2.61% |
| ABT | Abbott Laboratories | 3.35% | 33.8 | 17.1 | 3.9 | 2.40% | 2.33% |
| BR | Broadridge Financial Solutions, Inc. | 3.17% | 18.2 | 15.5 | 2.6 | 2.49% | 4.10% |
| ADBE | Adobe Inc. | 3.02% | 13.7 | 8.7 | 3.7 | — | 5.19% |
| ROL | Rollins, Inc. | 2.25% | 30.4 | 25.9 | 4.1 | 2.18% | 1.74% |
| INTU | Intuit Inc. | 2.14% | 19.8 | 12.7 | 4.1 | 1.70% | 2.55% |
| FICO | Fair Isaac Corporation | 1.85% | 22.3 | 16.1 | 7.0 | — | 1.95% |
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 CWS valuation
Adding up its 25 holdings with company data, CWS trades at 23.4 times trailing earnings and 17.6 times analysts' forward estimates, with a price-to-book ratio of 5.25 and a dividend yield of 0.88%. Its earnings yield of 4.27% is 1.06 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 48.7% of the fund and earn 46.0% of its combined profit. By sector, Healthcare is the most expensive at 28.0 times earnings and Consumer Defensive the cheapest at 12.5. 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 100.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: CWS chart, CWS performance, CWS holdings, CWS dividends.
CWS valuation FAQ
What is the P/E ratio of CWS?
Based on its holdings, CWS has a trailing P/E of 23.4 and a forward P/E of 17.6 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of CWS?
The trailing earnings yield is 4.27% (1 ÷ P/E) and the forward earnings yield 5.69%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is CWS more expensive than the S&P 500?
CWS trades at 23.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 17.6 and 19.9.
What is the price-to-book ratio of CWS?
The holdings of CWS trade at 5.25 times book value, with a combined return on equity of 22.4%.
Which sector in CWS has the highest P/E?
Healthcare has the highest P/E at 28.0 and Consumer Defensive the lowest at 12.5.