The 2023 ETF Series ETF (EAGL) Valuation
EAGL valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 22.9 trailing earnings
- Forward P/E
- 17.5 analyst estimates
- Price / sales
- 1.50
- Price / book
- 3.06
- EV / EBITDA
- 13.7
- Earnings yield
- 4.36% inverse of P/E
- Dividend yield
- 0.93% of the holdings
- Return on equity
- 13.3% combined
- Net margin
- 6.5% combined
- Beta
- 1.00 weighted, vs S&P 500
EAGL valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| EAGL | 22.9 | 17.5 | 1.50 | 3.06 | 0.93% | 13.3% | 6.5% | 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.
EAGL valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 23.3% | 24.0 | 15.5 | 5.32 | 2.74 | 1.00% | 11.4% |
| Technology | 21.1% | 28.6 | 19.0 | 1.33 | 4.37 | 0.88% | 15.3% |
| Consumer Cyclical | 18.0% | 24.5 | 24.7 | 1.99 | 3.69 | 0.32% | 15.0% |
| Healthcare | 17.9% | 31.7 | 19.4 | 0.73 | 2.77 | 1.34% | 8.7% |
| Energy | 8.0% | 15.4 | 13.4 | 3.11 | 1.66 | 1.79% | 10.8% |
| Communication Services | 6.5% | 11.6 | 11.5 | 1.79 | 3.59 | 0.24% | 30.9% |
| Consumer Defensive | 2.2% | 209.1 | 29.8 | 2.52 | 9.39 | 1.34% | 4.5% |
| Basic Materials | 1.3% | 7.2 | 8.0 | 0.76 | 1.58 | 0.97% | 21.9% |
EAGL 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 EAGL weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
EAGL largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AMZN | Amazon.com, Inc. | 8.96% | 20.1 | 23.6 | 3.5 | — | 11.18% |
| MELI | MercadoLibre, Inc. | 6.77% | 50.5 | 32.8 | 2.6 | — | 3.36% |
| LS4 | London Stock Exchange Group plc Sponsored ADR | 6.72% | — | — | — | — | — |
| UNH | UnitedHealth Group Incorporated | 6.32% | 25.8 | 16.6 | 0.8 | 2.31% | 6.14% |
| SPGI | S&P Global Inc. | 5.68% | 26.1 | 19.9 | 7.9 | 0.90% | 5.44% |
| TSM | Taiwan Semiconductor Manufacturing Company Limited | 5.65% | 26.7 | 21.4 | 0.4 | 0.91% | 5.30% |
| DHR | Danaher Corporation | 4.86% | 40.8 | 23.8 | 6.4 | 0.70% | 2.99% |
| COP | ConocoPhillips | 4.14% | 19.4 | 12.7 | 2.7 | 2.29% | 5.35% |
| MA | Mastercard Incorporated | 4.13% | 34.0 | 24.2 | 15.4 | 0.56% | 3.05% |
| WDAY | Workday, Inc. | 3.98% | 38.9 | 17.7 | 4.5 | — | 2.57% |
| HUM | Humana Inc. | 3.91% | 39.1 | 24.3 | 0.3 | 0.86% | 2.51% |
| EQT | EQT Corporation | 3.85% | 12.6 | 14.1 | 3.7 | 1.25% | 7.67% |
| MSFT | Microsoft Corporation | 3.84% | 29.5 | 25.1 | 11.8 | 0.74% | 3.26% |
| COF | Capital One Financial Corporation | 3.55% | 13.0 | 8.5 | 2.6 | 1.59% | 6.88% |
| GOOGL | Alphabet Inc. | 3.37% | 17.1 | 22.8 | 9.3 | 0.26% | 4.94% |
| INTU | Intuit Inc. | 3.32% | 19.8 | 12.7 | 4.1 | 1.70% | 4.22% |
| AJG | Arthur J. Gallagher & Co. | 3.20% | 42.3 | 16.3 | 4.3 | 1.10% | 1.90% |
| META | Meta Platforms, Inc. | 2.31% | 26.7 | 22.1 | 7.9 | 0.30% | 2.17% |
| LEN | Lennar Corporation | 2.24% | 14.6 | 15.7 | 0.6 | 2.59% | 3.85% |
| EL | The Estée Lauder Companies Inc. | 2.22% | 209.1 | 29.8 | 2.5 | 1.34% | 0.27% |
| SAP | SAP SE | 2.20% | 28.8 | 33.1 | 6.8 | 1.31% | 1.92% |
| ELV | Elevance Health Inc. | 1.64% | 19.0 | 13.7 | 0.5 | 1.61% | 2.17% |
| MBGL | Mobility Global Inc. | 1.34% | 43.5 | 11.6 | 3.3 | 1.28% | 0.77% |
| AA | Alcoa Corporation | 1.28% | 7.2 | 8.0 | 0.8 | 0.97% | 4.45% |
| MDLN | Medline Inc. | 1.13% | 89.9 | 20.9 | 1.6 | — | 0.31% |
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 EAGL valuation
Adding up its 26 holdings with company data, EAGL trades at 22.9 times trailing earnings and 17.5 times analysts' forward estimates, with a price-to-book ratio of 3.06 and a dividend yield of 0.93%. Its earnings yield of 4.36% is 0.97 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 57.2% of the fund and earn 47.9% of its combined profit. By sector, Consumer Defensive is the most expensive at 209.1 times earnings and Basic Materials the cheapest at 7.2. 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 93.2% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: EAGL chart, EAGL performance, EAGL holdings, EAGL dividends.
EAGL valuation FAQ
What is the P/E ratio of EAGL?
Based on its holdings, EAGL has a trailing P/E of 22.9 and a forward P/E of 17.5 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of EAGL?
The trailing earnings yield is 4.36% (1 ÷ P/E) and the forward earnings yield 5.72%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is EAGL more expensive than the S&P 500?
EAGL trades at 22.9 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 17.5 and 19.9.
What is the price-to-book ratio of EAGL?
The holdings of EAGL trade at 3.06 times book value, with a combined return on equity of 13.3%.
Which sector in EAGL has the highest P/E?
Consumer Defensive has the highest P/E at 209.1 and Basic Materials the lowest at 7.2.