SPDR Global Dow ETF (DGT) Valuation

NYSE Arca: DGTP/E, earnings yield and other ratios of the holdings combined.

DGT valuation today

Holdings combined · company data as of Oct 26, 2026
P/E (TTM)
22.4
trailing earnings
Forward P/E
16.9
analyst estimates
Price / sales
2.32
Price / book
3.87
EV / EBITDA
14.1
Earnings yield
4.47%
inverse of P/E
Dividend yield
1.91%
of the holdings
Return on equity
17.3%
combined
Net margin
10.4%
combined
Beta
0.94
weighted, vs S&P 500

DGT valuation vs other stock ETFs

P/E (TTM)Forward P/E
DGT valuation compared with other stock ETFs
ETFP/EFwd P/EP/SP/BDiv. yieldROENet marginLoss-makers
DGT22.416.92.323.871.91%17.3%10.4%2.1%
SPY25.919.93.675.471.08%21.1%14.2%1.9%
QQQ34.223.45.939.270.58%27.1%17.4%6.9%
DIA20.918.43.165.521.55%26.4%15.1%0.0%
VTI28.219.43.315.001.07%17.7%11.8%4.6%
IWMn/m13.91.252.031.38%−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.

DGT valuation by sector

P/E (TTM)Forward P/E
DGT valuation by sector
SectorWeightP/EFwd P/EP/SP/BDiv. yieldROE
Technology20.3%26.318.12.845.331.20%20.3%
Industrials12.1%22.121.82.066.371.66%28.8%
Healthcare11.3%41.715.31.784.362.55%10.5%
Consumer Cyclical9.3%22.118.01.776.321.83%28.7%
Consumer Defensive7.2%28.422.82.438.852.39%31.1%
Energy6.3%18.412.91.791.982.91%10.7%
Communication Services6.1%15.314.12.482.742.07%17.9%
Real Estate1.3%18.530.011.724.383.91%23.6%

DGT earnings yield vs bond yields

DGT earnings yield (forward)
5.92%
DGT earnings yield (trailing)
4.47%
DGT dividend yield
1.91%
Bond market yield (AGG)
5.33%
T-bill yield (BIL)
3.91%

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 DGT weight splits by P/E

Share of the covered weight in companies with a trailing P/E in each range.

DGT largest holdings: valuation

DGT largest holdings valuation
SymbolCompanyWeightP/EFwd P/EP/SDiv. yieldShare of earnings
ACNAccenture plc0.93%16.912.41.92.98%2.01%
PETR4Petróleo Brasileiro S.A. - Petrobras0.83%—————
INFYInfosys Limited0.81%15.113.32.44.28%1.96%
ABBVAbbVie Inc.0.79%80.616.47.82.42%0.36%
WMTWalmart Inc.0.79%43.038.01.30.83%0.67%
AMGNAmgen Inc.0.79%26.916.76.12.33%1.08%
NOWServiceNow, Inc.0.79%88.727.810.0—0.33%
PGThe Procter & Gamble Company0.78%24.121.24.32.73%1.18%
TCSTata Consultancy Services Limited0.77%—————
CCLCarnival Corporation & plc0.77%11.48.41.31.74%2.48%
PLTRPalantir Technologies Inc.0.76%160.485.572.6—0.17%
4502Takeda Pharmaceutical Co. Ltd.0.75%—————
PYPLPayPal Holdings, Inc.0.75%10.79.11.40.99%2.58%
CLColgate-Palmolive Company0.75%37.121.03.62.25%0.74%
AIGAmerican International Group, Inc.0.75%14.88.51.62.48%1.86%
GILDGilead Sciences, Inc.0.74%—15.66.42.10%−0.46%
XOMExxon Mobil Corporation0.74%23.014.82.02.30%1.19%
EBAYeBay Inc.0.74%25.316.64.51.03%1.08%
MMM3M Company0.74%29.317.83.41.89%0.93%
LLYEli Lilly and Company0.74%42.224.414.10.55%0.64%
SAPSAP SE0.74%—————
COSTCostco Wholesale Corporation0.73%47.640.31.40.59%0.57%
SHELShell plc0.73%—————
6758Sony Corp0.73%—————
KOThe Coca-Cola Company0.73%28.225.38.12.26%0.95%

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 DGT valuation

Adding up its 92 holdings with company data, DGT trades at 22.4 times trailing earnings and 16.9 times analysts' forward estimates, with a price-to-book ratio of 3.87 and a dividend yield of 1.91%. Its earnings yield of 4.47% is 0.86 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).

The ten largest holdings are 8.0% of the fund and earn 12.8% of its combined profit. By sector, Healthcare is the most expensive at 41.7 times earnings and Communication Services the cheapest at 15.3. Companies that lost money over the past year are 2.1% 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 61.9% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.

Related: DGT chart, DGT performance, DGT holdings, DGT dividends.

DGT valuation FAQ

What is the P/E ratio of DGT?

Based on its holdings, DGT has a trailing P/E of 22.4 and a forward P/E of 16.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).

What is the earnings yield of DGT?

The trailing earnings yield is 4.47% (1 ÷ P/E) and the forward earnings yield 5.92%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.

Is DGT more expensive than the S&P 500?

DGT trades at 22.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 16.9 and 19.9.

What is the price-to-book ratio of DGT?

The holdings of DGT trade at 3.87 times book value, with a combined return on equity of 17.3%.

Which sector in DGT has the highest P/E?

Healthcare has the highest P/E at 41.7 and Communication Services the lowest at 15.3.