iShares ESG Aware MSCI USA ETF (ESGU) Valuation
ESGU valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 26.0 trailing earnings
- Forward P/E
- 19.8 analyst estimates
- Price / sales
- 3.35
- Price / book
- 5.55
- EV / EBITDA
- 17.7
- Earnings yield
- 3.84% inverse of P/E
- Dividend yield
- 1.12% of the holdings
- Return on equity
- 21.3% combined
- Net margin
- 12.9% combined
- Beta
- 1.15 weighted, vs S&P 500
ESGU valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| ESGU | 26.0 | 19.8 | 3.35 | 5.55 | 1.12% | 21.3% | 12.9% | 2.2% |
| 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.
ESGU valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 39.1% | 32.9 | 23.7 | 9.76 | 13.10 | 0.56% | 39.8% |
| Financial Services | 12.1% | 15.6 | 13.8 | 2.98 | 2.52 | 1.70% | 16.2% |
| Healthcare | 10.7% | 35.8 | 18.3 | 1.49 | 6.00 | 1.32% | 16.8% |
| Communication Services | 8.5% | 17.7 | 19.0 | 5.33 | 5.07 | 0.81% | 28.7% |
| Consumer Cyclical | 8.3% | 29.5 | 23.6 | 2.55 | 6.44 | 0.74% | 21.8% |
| Industrials | 7.6% | 26.6 | 22.3 | 2.83 | 6.47 | 1.08% | 24.4% |
| Consumer Defensive | 4.5% | 37.8 | 18.3 | 1.18 | 4.30 | 2.63% | 11.4% |
| Energy | 3.9% | 20.1 | 13.8 | 2.30 | 2.55 | 2.15% | 12.7% |
| Real Estate | 2.0% | 36.8 | 30.7 | 5.24 | 4.87 | 2.93% | 13.2% |
| Basic Materials | 1.9% | 22.3 | 16.4 | 2.76 | 4.07 | 1.28% | 18.2% |
| Utilities | 1.8% | 19.5 | 16.1 | 2.83 | 1.97 | 3.19% | 10.1% |
ESGU 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 ESGU weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
ESGU largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AAPL | Apple Inc. | 7.65% | 39.4 | 35.2 | 10.7 | 0.31% | 5.04% |
| NVDA | NVIDIA Corporation | 7.48% | 27.1 | 24.9 | 17.1 | 0.47% | 7.18% |
| MSFT | Microsoft Corporation | 5.87% | 29.5 | 25.1 | 11.8 | 0.74% | 5.17% |
| AMZN | Amazon.com, Inc. | 3.49% | 20.1 | 23.6 | 3.5 | — | 4.51% |
| GOOG | Alphabet Inc. | 3.15% | 16.9 | 21.8 | 9.2 | 0.26% | 4.84% |
| AVGO | Broadcom Inc. | 2.34% | 43.3 | 19.4 | 17.6 | 0.79% | 1.40% |
| META | Meta Platforms, Inc. | 1.96% | 26.7 | 22.1 | 7.9 | 0.30% | 1.91% |
| GOOGL | Alphabet Inc. | 1.88% | 17.1 | 22.8 | 9.3 | 0.26% | 2.85% |
| LLY | Eli Lilly and Company | 1.62% | 42.2 | 24.4 | 14.1 | 0.55% | 1.00% |
| TSLA | Tesla, Inc. | 1.54% | 328.4 | 158.7 | 13.5 | — | 0.12% |
| MU | Micron Technology, Inc. | 1.38% | 11.8 | 7.0 | 7.5 | 0.07% | 3.02% |
| V | Visa Inc. | 1.36% | 34.3 | 24.0 | 17.0 | 0.67% | 1.03% |
| JPM | JPMorgan Chase & Co. | 1.35% | 14.2 | 13.5 | 4.7 | 1.94% | 2.47% |
| AMD | Advanced Micro Devices, Inc. | 1.31% | 134.9 | 39.5 | 20.9 | — | 0.25% |
| ABBV | AbbVie Inc. | 0.85% | 80.6 | 16.4 | 7.8 | 2.42% | 0.27% |
| XOM | Exxon Mobil Corporation | 0.77% | 23.0 | 14.8 | 2.0 | 2.30% | 0.86% |
| JNJ | Johnson & Johnson | 0.76% | 38.8 | 21.0 | 6.2 | 2.10% | 0.51% |
| MA | Mastercard Incorporated | 0.70% | 34.0 | 24.2 | 15.4 | 0.56% | 0.53% |
| PG | The Procter & Gamble Company | 0.67% | 24.1 | 21.2 | 4.3 | 2.73% | 0.72% |
| CSCO | Cisco Systems, Inc. | 0.66% | 32.2 | 19.8 | 6.7 | 1.56% | 0.53% |
| COST | Costco Wholesale Corporation | 0.66% | 47.6 | 40.3 | 1.4 | 0.59% | 0.36% |
| HD | The Home Depot, Inc. | 0.63% | 21.5 | 19.8 | 1.8 | 3.01% | 0.76% |
| HIG | The Hartford Financial Services Group, Inc. | 0.63% | 9.6 | 9.2 | 1.2 | 1.78% | 1.70% |
| KO | The Coca-Cola Company | 0.60% | 28.2 | 25.3 | 8.1 | 2.26% | 0.55% |
| INTC | Intel Corporation | 0.57% | — | 63.3 | 8.3 | — | −0.35% |
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 ESGU valuation
Adding up its 267 holdings with company data, ESGU trades at 26.0 times trailing earnings and 19.8 times analysts' forward estimates, with a price-to-book ratio of 5.55 and a dividend yield of 1.12%. Its earnings yield of 3.84% is 1.49 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 37.0% of the fund and earn 34.0% of its combined profit. By sector, Consumer Defensive is the most expensive at 37.8 times earnings and Financial Services the cheapest at 15.6. Companies that lost money over the past year are 2.2% 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: ESGU chart, ESGU performance, ESGU holdings, ESGU dividends.
ESGU valuation FAQ
What is the P/E ratio of ESGU?
Based on its holdings, ESGU has a trailing P/E of 26.0 and a forward P/E of 19.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of ESGU?
The trailing earnings yield is 3.84% (1 ÷ P/E) and the forward earnings yield 5.05%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is ESGU more expensive than the S&P 500?
ESGU trades at 26.0 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 19.8 and 19.9.
What is the price-to-book ratio of ESGU?
The holdings of ESGU trade at 5.55 times book value, with a combined return on equity of 21.3%.
Which sector in ESGU has the highest P/E?
Consumer Defensive has the highest P/E at 37.8 and Financial Services the lowest at 15.6.