Invesco Next Gen Media and Gaming ETF (GGME) Valuation
GGME valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 36.6 trailing earnings
- Forward P/E
- 23.1 analyst estimates
- Price / sales
- 6.70
- Price / book
- 10.55
- EV / EBITDA
- 20.4
- Earnings yield
- 2.73% inverse of P/E
- Dividend yield
- 0.26% of the holdings
- Return on equity
- 28.8% combined
- Net margin
- 18.3% combined
- Beta
- 1.61 weighted, vs S&P 500
GGME valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| GGME | 36.6 | 23.1 | 6.70 | 10.55 | 0.26% | 28.8% | 18.3% | 16.2% |
| 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.
GGME valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 56.8% | 34.3 | 23.9 | 8.58 | 12.76 | 0.36% | 37.2% |
| Communication Services | 38.3% | 39.1 | 22.5 | 5.32 | 8.35 | 0.08% | 21.3% |
| Industrials | 0.5% | 80.6 | 25.7 | 5.25 | 3.93 | 0.99% | 4.9% |
GGME 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 GGME weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
GGME largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AAPL | Apple Inc. | 8.87% | 39.4 | 35.2 | 10.7 | 0.31% | 10.91% |
| AMD | Advanced Micro Devices, Inc. | 8.15% | 134.9 | 39.5 | 20.9 | — | 2.93% |
| NVDA | NVIDIA Corporation | 7.72% | 27.1 | 24.9 | 17.1 | 0.47% | 13.81% |
| META | Meta Platforms, Inc. | 7.68% | 26.7 | 22.1 | 7.9 | 0.30% | 13.91% |
| NFLX | Netflix, Inc. | 6.75% | 22.2 | 18.7 | 6.1 | — | 14.75% |
| SPOT | Spotify Technology S.A | 4.83% | 30.5 | 28.6 | 6.0 | — | 7.67% |
| NET | Cloudflare, Inc. | 4.64% | — | 178.6 | 42.0 | — | −0.40% |
| QCOM | QUALCOMM Incorporated | 4.61% | 19.9 | 19.6 | 4.2 | 2.14% | 11.20% |
| ADBE | Adobe Inc. | 4.56% | 13.7 | 8.7 | 3.7 | — | 16.12% |
| 7974 | Nintendo Co Ltd | 3.82% | — | — | — | — | — |
| 2454 | MediaTek Inc | 3.56% | — | — | — | — | — |
| ADSK | Autodesk, Inc. | 3.30% | 31.1 | 17.6 | 6.4 | — | 5.14% |
| TTWO | Take-Two Interactive Software, Inc. | 2.34% | — | 28.2 | 5.7 | — | −0.96% |
| 9999 | NetEase Inc | 2.14% | — | — | — | — | — |
| RBLX | Roblox Corporation | 2.12% | — | 192.3 | 6.2 | — | −2.76% |
| 1810 | Xiaomi Corp | 1.95% | — | — | — | — | — |
| ALL | Aristocrat Leisure Ltd | 1.58% | — | — | — | — | — |
| ZM | Zoom Video Communications, Inc. | 1.56% | 8.7 | 15.1 | 5.5 | — | 8.67% |
| RDDT | Reddit, Inc. | 1.31% | 36.3 | 23.2 | 10.8 | — | 1.75% |
| ROKU | Roku, Inc | 1.25% | 65.8 | 39.1 | 4.4 | — | 0.92% |
| DASTF | Dassault Systemes SE | 1.21% | — | — | — | — | — |
| 0992 | Lenovo Group | 1.02% | — | — | — | — | — |
| U | Unity Software Inc. | 0.97% | — | 28.7 | 8.8 | — | −1.58% |
| 9766 | Konami Corp. | 0.92% | — | — | — | — | — |
| HEXA-B | Hexagon AB (publ) | 0.84% | — | — | — | — | — |
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 GGME valuation
Adding up its 36 holdings with company data, GGME trades at 36.6 times trailing earnings and 23.1 times analysts' forward estimates, with a price-to-book ratio of 10.55 and a dividend yield of 0.26%. Its earnings yield of 2.73% is 2.60 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 61.6% of the fund and earn 96.1% of its combined profit. By sector, Industrials is the most expensive at 80.6 times earnings and Technology the cheapest at 34.3. Companies that lost money over the past year are 16.2% 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 76.2% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: GGME chart, GGME performance, GGME holdings, GGME dividends.
GGME valuation FAQ
What is the P/E ratio of GGME?
Based on its holdings, GGME has a trailing P/E of 36.6 and a forward P/E of 23.1 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of GGME?
The trailing earnings yield is 2.73% (1 ÷ P/E) and the forward earnings yield 4.34%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is GGME more expensive than the S&P 500?
GGME trades at 36.6 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 23.1 and 19.9.
What is the price-to-book ratio of GGME?
The holdings of GGME trade at 10.55 times book value, with a combined return on equity of 28.8%.
Which sector in GGME has the highest P/E?
Industrials has the highest P/E at 80.6 and Technology the lowest at 34.3.