Harbor Mid Cap Core ETF (EPMB) Valuation

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

EPMB valuation today

Holdings combined · company data as of Oct 26, 2026
P/E (TTM)
25.1
trailing earnings
Forward P/E
15.2
analyst estimates
Price / sales
1.41
Price / book
3.01
EV / EBITDA
14.3
Earnings yield
3.98%
inverse of P/E
Dividend yield
1.29%
of the holdings
Return on equity
12.0%
combined
Net margin
5.6%
combined
Beta
0.99
weighted, vs S&P 500

EPMB valuation vs other stock ETFs

P/E (TTM)Forward P/E
EPMB valuation compared with other stock ETFs
ETFP/EFwd P/EP/SP/BDiv. yieldROENet marginLoss-makers
EPMB25.115.21.413.011.29%12.0%5.6%3.6%
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.

EPMB valuation by sector

P/E (TTM)Forward P/E
EPMB valuation by sector
SectorWeightP/EFwd P/EP/SP/BDiv. yieldROE
Industrials24.7%25.918.02.544.671.23%18.0%
Technology19.9%34.215.21.793.550.28%10.4%
Financial Services15.3%11.510.81.671.781.46%15.5%
Healthcare13.1%203.016.80.582.970.40%1.5%
Consumer Cyclical10.3%22.119.32.005.471.41%24.7%
Real Estate4.8%83.120.71.423.262.57%3.9%
Energy4.3%20.913.11.871.362.73%6.5%
Basic Materials4.2%26.011.21.052.383.99%9.1%
Utilities1.6%21.116.93.492.333.50%11.0%
Consumer Defensive1.1%21.915.20.4813.882.68%63.3%

EPMB earnings yield vs bond yields

EPMB earnings yield (forward)
6.56%
EPMB earnings yield (trailing)
3.98%
EPMB dividend yield
1.29%
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 EPMB weight splits by P/E

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

EPMB largest holdings: valuation

EPMB largest holdings valuation
SymbolCompanyWeightP/EFwd P/EP/SDiv. yieldShare of earnings
KEYSKeysight Technologies, Inc.3.15%44.822.48.6—1.78%
WWDWoodward, Inc.2.70%36.531.64.60.39%1.87%
IQVIQVIA Holdings Inc.2.68%33.218.42.6—2.05%
ENTGEntegris, Inc.2.61%69.431.66.40.29%0.95%
RGAReinsurance Group of America, Incorporated2.51%11.77.70.71.47%5.40%
ROSTRoss Stores, Inc.2.25%28.627.43.10.75%1.99%
ARWArrow Electronics, Inc.2.25%13.75.00.3—4.15%
RNRRenaissanceRe Holdings Ltd.2.20%6.18.11.30.47%9.19%
CMICummins Inc.2.17%27.215.42.11.66%2.02%
CBRECBRE Group, Inc.2.16%30.514.90.9—1.80%
RSGRepublic Services, Inc.2.13%32.826.34.21.16%1.64%
MASMasco Corporation2.12%16.814.71.91.76%3.20%
TWLOTwilio Inc2.08%33.843.76.7—1.56%
CNCCentene Corporation2.03%—11.20.2—−7.77%
HXLHexcel Corporation1.98%45.620.33.40.80%1.10%
ULTAUlta Beauty, Inc.1.98%21.619.62.0—2.32%
AAgilent Technologies, Inc.1.93%34.123.96.60.59%1.43%
CSXCSX Corporation1.92%28.321.26.21.15%1.72%
DRIDarden Restaurants, Inc.1.87%21.018.91.83.00%2.25%
AMATApplied Materials, Inc.1.78%35.323.410.50.52%1.28%
EWBCEast West Bancorp, Inc.1.78%12.212.76.02.52%3.70%
SMGThe Scotts Miracle-Gro Company1.76%19.512.90.94.84%2.29%
SNASnap-on Incorporated1.76%18.717.33.62.66%2.38%
LHLaboratory Corporation of America Holdings1.75%26.316.21.80.91%1.68%
CORCencora1.73%25.315.70.20.70%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 EPMB valuation

Adding up its 60 holdings with company data, EPMB trades at 25.1 times trailing earnings and 15.2 times analysts' forward estimates, with a price-to-book ratio of 3.01 and a dividend yield of 1.29%. Its earnings yield of 3.98% is 1.35 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).

The ten largest holdings are 24.7% of the fund and earn 31.2% of its combined profit. By sector, Healthcare is the most expensive at 203.0 times earnings and Financial Services the cheapest at 11.5. Companies that lost money over the past year are 3.6% 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: EPMB chart, EPMB performance, EPMB holdings, EPMB dividends.

EPMB valuation FAQ

What is the P/E ratio of EPMB?

Based on its holdings, EPMB has a trailing P/E of 25.1 and a forward P/E of 15.2 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).

What is the earnings yield of EPMB?

The trailing earnings yield is 3.98% (1 ÷ P/E) and the forward earnings yield 6.56%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.

Is EPMB more expensive than the S&P 500?

EPMB trades at 25.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 15.2 and 19.9.

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

The holdings of EPMB trade at 3.01 times book value, with a combined return on equity of 12.0%.

Which sector in EPMB has the highest P/E?

Healthcare has the highest P/E at 203.0 and Financial Services the lowest at 11.5.