Vanguard ESG US Stock (ESGV) Valuation
ESGV valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 28.0 trailing earnings
- Forward P/E
- 19.9 analyst estimates
- Price / sales
- 3.71
- Price / book
- 5.76
- EV / EBITDA
- 18.3
- Earnings yield
- 3.58% inverse of P/E
- Dividend yield
- 0.96% of the holdings
- Return on equity
- 20.6% combined
- Net margin
- 13.3% combined
- Beta
- 1.26 weighted, vs S&P 500
ESGV valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| ESGV | 28.0 | 19.9 | 3.71 | 5.76 | 0.96% | 20.6% | 13.3% | 4.3% |
| 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.
ESGV valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 44.4% | 34.7 | 22.8 | 8.51 | 12.07 | 0.50% | 34.8% |
| Financial Services | 11.6% | 16.5 | 13.4 | 3.02 | 2.45 | 1.77% | 14.9% |
| Communication Services | 11.1% | 18.7 | 19.0 | 4.82 | 4.94 | 0.69% | 26.4% |
| Healthcare | 10.5% | 43.3 | 17.5 | 1.78 | 5.04 | 1.27% | 11.6% |
| Consumer Cyclical | 10.3% | 28.5 | 22.7 | 2.39 | 6.08 | 0.72% | 21.4% |
| Industrials | 3.9% | 32.9 | 20.2 | 2.15 | 5.10 | 1.21% | 15.5% |
| Consumer Defensive | 3.5% | 28.7 | 20.1 | 1.50 | 5.27 | 2.33% | 18.4% |
| Real Estate | 2.4% | 34.2 | 30.1 | 5.00 | 2.71 | 3.67% | 7.9% |
| Basic Materials | 1.6% | 27.5 | 16.1 | 2.68 | 3.32 | 1.49% | 12.1% |
| Utilities | 0.1% | 19.1 | 16.4 | 2.47 | 1.72 | 3.16% | 9.0% |
| Services | 0.0% | 14.2 | 15.3 | 1.60 | 2.99 | 2.71% | 21.0% |
ESGV 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 ESGV weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
ESGV largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 8.64% | 27.1 | 24.9 | 17.1 | 0.47% | 9.03% |
| AAPL | Apple Inc. | 8.44% | 39.4 | 35.2 | 10.7 | 0.31% | 6.06% |
| MSFT | Microsoft Corporation | 6.61% | 29.5 | 25.1 | 11.8 | 0.74% | 6.35% |
| AMZN | Amazon.com, Inc. | 3.88% | 20.1 | 23.6 | 3.5 | — | 5.46% |
| GOOGL | Alphabet Inc. | 3.42% | 17.1 | 22.8 | 9.3 | 0.26% | 5.67% |
| AVGO | Broadcom Inc. | 2.62% | 43.3 | 19.4 | 17.6 | 0.79% | 1.71% |
| GOOG | Alphabet Inc. | 2.59% | 16.9 | 21.8 | 9.2 | 0.26% | 4.33% |
| META | Meta Platforms, Inc. | 2.55% | 26.7 | 22.1 | 7.9 | 0.30% | 2.70% |
| MU | Micron Technology, Inc. | 1.96% | 11.8 | 7.0 | 7.5 | 0.07% | 4.69% |
| TSLA | Tesla, Inc. | 1.73% | 328.4 | 158.7 | 13.5 | — | 0.15% |
| AMD | Advanced Micro Devices, Inc. | 1.65% | 134.9 | 39.5 | 20.9 | — | 0.35% |
| LLY | Eli Lilly and Company | 1.52% | 42.2 | 24.4 | 14.1 | 0.55% | 1.02% |
| JPM | JPMorgan Chase & Co. | 1.50% | 14.2 | 13.5 | 4.7 | 1.94% | 2.99% |
| V | Visa Inc. | 1.02% | 34.3 | 24.0 | 17.0 | 0.67% | 0.84% |
| INTC | Intel Corporation | 0.90% | — | 63.3 | 8.3 | — | −0.60% |
| ABBV | AbbVie Inc. | 0.77% | 80.6 | 16.4 | 7.8 | 2.42% | 0.27% |
| MA | Mastercard Incorporated | 0.73% | 34.0 | 24.2 | 15.4 | 0.56% | 0.61% |
| CSCO | Cisco Systems, Inc. | 0.71% | 32.2 | 19.8 | 6.7 | 1.56% | 0.62% |
| COST | Costco Wholesale Corporation | 0.69% | 47.6 | 40.3 | 1.4 | 0.59% | 0.41% |
| AMAT | Applied Materials, Inc. | 0.68% | 35.3 | 23.4 | 10.5 | 0.52% | 0.54% |
| LRCX | Lam Research Corporation | 0.67% | 45.8 | 33.7 | 14.2 | 0.50% | 0.42% |
| BAC | Bank of America Corporation | 0.58% | 12.2 | 10.8 | 3.1 | 2.50% | 1.35% |
| MRK | Merck & Co., Inc. | 0.58% | 115.8 | 15.3 | 5.4 | 2.33% | 0.14% |
| PG | The Procter & Gamble Company | 0.58% | 24.1 | 21.2 | 4.3 | 2.73% | 0.68% |
| UNH | UnitedHealth Group Incorporated | 0.55% | 25.8 | 16.6 | 0.8 | 2.31% | 0.61% |
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 ESGV valuation
Adding up its 1,170 holdings with company data, ESGV trades at 28.0 times trailing earnings and 19.9 times analysts' forward estimates, with a price-to-book ratio of 5.76 and a dividend yield of 0.96%. Its earnings yield of 3.58% is 1.75 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 42.4% of the fund and earn 46.2% of its combined profit. By sector, Healthcare is the most expensive at 43.3 times earnings and Services the cheapest at 14.2. Companies that lost money over the past year are 4.3% 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 99.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: ESGV chart, ESGV performance, ESGV holdings, ESGV dividends.
ESGV valuation FAQ
What is the P/E ratio of ESGV?
Based on its holdings, ESGV has a trailing P/E of 28.0 and a forward P/E of 19.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of ESGV?
The trailing earnings yield is 3.58% (1 ÷ P/E) and the forward earnings yield 5.03%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is ESGV more expensive than the S&P 500?
ESGV trades at 28.0 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 19.9 and 19.9.
What is the price-to-book ratio of ESGV?
The holdings of ESGV trade at 5.76 times book value, with a combined return on equity of 20.6%.
Which sector in ESGV has the highest P/E?
Healthcare has the highest P/E at 43.3 and Services the lowest at 14.2.