Corgi Natural Gas Power & Turbines ETF (GASZ) Valuation
GASZ valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 57.3 trailing earnings
- Forward P/E
- 19.4 analyst estimates
- Price / sales
- 2.35
- Price / book
- 4.56
- EV / EBITDA
- 17.6
- Earnings yield
- 1.75% inverse of P/E
- Dividend yield
- 1.05% of the holdings
- Return on equity
- 8.0% combined
- Net margin
- 4.1% combined
- Beta
- 1.06 weighted, vs S&P 500
GASZ valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| GASZ | 57.3 | 19.4 | 2.35 | 4.56 | 1.05% | 8.0% | 4.1% | 6.9% |
| 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.
GASZ valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Industrials | 59.2% | 70.0 | 22.7 | 2.37 | 7.42 | 0.71% | 10.6% |
| Energy | 26.3% | 40.6 | 14.7 | 2.33 | 2.45 | 1.82% | 6.0% |
GASZ 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 GASZ weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
GASZ largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| CAT | Caterpillar Inc. | 12.87% | 31.5 | 25.4 | 4.5 | 0.89% | 27.38% |
| GEV | GE Vernova Inc. | 10.54% | 26.4 | 38.8 | 5.9 | 0.22% | 26.71% |
| KMI | Kinder Morgan, Inc. | 6.03% | 22.1 | 20.0 | 4.2 | 3.45% | 18.28% |
| WWD | Woodward, Inc. | 5.23% | 36.5 | 31.6 | 4.6 | 0.39% | 9.59% |
| LNG | Cheniere Energy, Inc. | 5.18% | 21.9 | 13.5 | 2.9 | 0.77% | 15.83% |
| ETN | Eaton Corporation plc | 4.91% | 39.8 | 27.6 | 5.1 | 1.12% | 8.25% |
| FGXXX | First American Funds Inc. - Government Obligations Fund | 4.87% | — | — | — | — | — |
| CMI | Cummins Inc. | 4.66% | 27.2 | 15.4 | 2.1 | 1.66% | 11.49% |
| GNRC | Generac Holdings Inc. | 4.43% | 44.3 | 15.9 | 2.6 | — | 6.69% |
| BKR | Baker Hughes Company | 4.26% | 17.9 | 18.0 | 2.0 | 1.65% | 15.93% |
| FLS | Flowserve Corporation | 4.26% | 24.6 | 16.5 | 1.9 | 1.25% | 11.60% |
| FLR | Fluor Corporation | 3.91% | — | 16.5 | 0.4 | — | −66.36% |
| DCI | Donaldson Company, Inc. | 3.77% | 22.8 | 19.9 | 2.6 | 1.41% | 11.04% |
| AROC | Archrock, Inc. | 3.37% | 15.9 | 14.3 | 3.4 | 3.11% | 14.18% |
| FTI | TechnipFMC plc | 3.07% | 24.3 | 21.3 | 2.6 | 0.29% | 8.46% |
| US50012A1088 | KODIAK GAS SERVICES INC | 3.02% | — | — | — | — | — |
| NGS | Natural Gas Services Group, Inc. | 2.46% | 19.3 | 11.9 | 2.1 | 1.93% | 8.53% |
| AGX | Argan, Inc. | 2.44% | 27.3 | 16.6 | 4.1 | 0.81% | 5.99% |
| CW | Curtiss-Wright Corporation | 2.20% | 34.6 | 28.4 | 5.1 | 0.21% | 4.25% |
| CLNE | Clean Energy Fuels Corp. | 1.97% | — | 6.9 | 0.7 | — | −37.83% |
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 GASZ valuation
Adding up its 18 holdings with company data, GASZ trades at 57.3 times trailing earnings and 19.4 times analysts' forward estimates, with a price-to-book ratio of 4.56 and a dividend yield of 1.05%. Its earnings yield of 1.75% is 3.58 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 63.0% of the fund and earn 151.7% of its combined profit. By sector, Industrials is the most expensive at 70.0 times earnings and Energy the cheapest at 40.6. Companies that lost money over the past year are 6.9% 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 91.6% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: GASZ chart, GASZ holdings.
GASZ valuation FAQ
What is the P/E ratio of GASZ?
Based on its holdings, GASZ has a trailing P/E of 57.3 and a forward P/E of 19.4 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of GASZ?
The trailing earnings yield is 1.75% (1 ÷ P/E) and the forward earnings yield 5.15%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is GASZ more expensive than the S&P 500?
GASZ trades at 57.3 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 19.4 and 19.9.
What is the price-to-book ratio of GASZ?
The holdings of GASZ trade at 4.56 times book value, with a combined return on equity of 8.0%.
Which sector in GASZ has the highest P/E?
Industrials has the highest P/E at 70.0 and Energy the lowest at 40.6.