Tema Trading & Prediction Marke… (DICE) Valuation
DICE valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 8.6 trailing earnings
- Forward P/E
- 18.0 analyst estimates
- Price / sales
- 0.86
- Price / book
- 3.43
- EV / EBITDA
- 6.5
- Earnings yield
- 11.60% inverse of P/E
- Dividend yield
- 0.62% of the holdings
- Return on equity
- 39.7% combined
- Net margin
- 9.9% combined
- Beta
- 1.65 weighted, vs S&P 500
DICE valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| DICE | 8.6 | 18.0 | 0.86 | 3.43 | 0.62% | 39.7% | 9.9% | 22.9% |
| 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.
DICE valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 72.6% | 5.2 | 17.7 | 0.77 | 3.52 | 0.60% | 67.9% |
| Technology | 15.4% | n/m | 19.0 | 1.29 | 3.17 | 0.71% | −39.0% |
DICE 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 DICE weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
DICE largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| COIN | Coinbase Global, Inc. | 5.70% | — | 54.3 | 7.6 | — | −1.46% |
| CRCL | Circle Internet Group, Inc. | 5.67% | 56.3 | 74.6 | 7.2 | — | 1.38% |
| ICE | Intercontinental Exchange, Inc. | 5.22% | 22.8 | 18.1 | 8.6 | 1.29% | 3.13% |
| IBKR | Interactive Brokers Group, Inc. | 5.19% | 31.6 | 28.2 | 20.0 | 0.42% | 2.25% |
| HOOD | Robinhood Markets, Inc. | 4.75% | 43.6 | 45.0 | 18.0 | — | 1.49% |
| IGG | IG Group Holdings PLC | 3.89% | — | — | — | — | — |
| BR | Broadridge Financial Solutions, Inc. | 3.33% | 18.2 | 15.5 | 2.6 | 2.49% | 2.50% |
| NDAQ | Nasdaq, Inc. | 3.18% | 27.4 | 23.6 | 9.4 | 1.23% | 1.59% |
| FUTU | Futu Holdings Limited | 3.12% | 10.5 | 9.9 | 0.6 | 2.47% | 4.08% |
| 0863 | Bc Technology Group Ltd | 3.09% | — | — | — | — | — |
| PLUS | Plus500 Ltd | 3.01% | — | — | — | — | — |
| BULL | Webull Corp | 2.63% | 75.9 | 19.6 | 4.9 | — | 0.47% |
| BLSH | Bullish | 2.57% | — | 58.8 | 14.9 | — | −11.05% |
| GLXY | Galaxy Digital Holdings Ltd | 2.19% | — | 125.0 | 0.2 | — | −0.52% |
| VIRT | Virtu Financial, Inc. | 2.13% | 9.4 | 8.4 | 1.5 | 1.69% | 3.08% |
| 7177 | GMO Click Holdings Inc | 2.03% | — | — | — | — | — |
| XP | XP Inc. | 2.03% | 15.3 | 8.5 | 0.8 | 0.68% | 1.81% |
| SECZ | Securitize Corp. | 2.00% | — | — | 24.1 | — | −1.05% |
| BKKT | Bakkt Holdings, Inc. | 1.99% | — | — | 0.2 | — | −17.87% |
| 8616 | Tokai Tokyo Finan Holdings Inc | 1.97% | — | — | — | — | — |
| S68 | SINGAPORE EXCHANGE LIMITED | 1.92% | — | — | — | — | — |
| DB1 | Deutsche Börse AG | 1.90% | — | — | — | — | — |
| SSNC | SS&C Technologies Holdings, Inc. | 1.83% | 24.2 | 10.6 | 3.0 | 1.43% | 1.03% |
| BGC | BGC Group, Inc | 1.82% | 29.0 | 5.9 | 1.7 | 0.69% | 0.86% |
| MRX | Marex Group plc | 1.80% | 14.2 | 7.2 | 1.2 | 0.91% | 1.73% |
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 DICE valuation
Adding up its 23 holdings with company data, DICE trades at 8.6 times trailing earnings and 18.0 times analysts' forward estimates, with a price-to-book ratio of 3.43 and a dividend yield of 0.62%. Its earnings yield of 11.60% is 6.27 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 43.1% of the fund and earn 4.4% of its combined profit. Companies that lost money over the past year are 22.9% 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 70.6% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: DICE chart, DICE holdings.
DICE valuation FAQ
What is the P/E ratio of DICE?
Based on its holdings, DICE has a trailing P/E of 8.6 and a forward P/E of 18.0 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of DICE?
The trailing earnings yield is 11.60% (1 ÷ P/E) and the forward earnings yield 5.57%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is DICE more expensive than the S&P 500?
DICE trades at 8.6 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 18.0 and 19.9.
What is the price-to-book ratio of DICE?
The holdings of DICE trade at 3.43 times book value, with a combined return on equity of 39.7%.