GMO U.S. Value ETF (GMOV) Valuation

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

GMOV valuation today

Holdings combined · company data as of Oct 26, 2026

P/E (TTM): 16.0
Forward P/E: 12.0
Price / sales: 1.25
Price / book: 2.41
EV / EBITDA: 10.3
Earnings yield: 6.23%
Dividend yield: 2.34%
Return on equity: 15.0%
Net margin: 7.8%
Beta: 0.78

GMOV valuation vs other stock ETFs

P/E (TTM)Forward P/E

GMOV valuation compared with other stock ETFs
ETF	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE	Net margin	Loss-makers
GMOV	16.0	12.0	1.25	2.41	2.34%	15.0%	7.8%	1.1%
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.

GMOV valuation by sector

P/E (TTM)Forward P/E

GMOV valuation by sector
Sector	Weight	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE
Financial Services	22.6%	10.8	10.0	1.92	1.62	2.24%	15.1%
Healthcare	17.8%	23.4	12.2	0.93	2.71	2.75%	11.6%
Technology	15.5%	21.2	16.5	2.77	4.37	1.22%	20.7%
Communication Services	12.8%	15.9	13.4	2.34	2.90	2.31%	18.2%
Energy	9.4%	17.5	12.3	2.05	2.26	2.39%	12.9%
Consumer Cyclical	8.1%	15.4	9.0	0.50	1.74	2.30%	11.3%
Consumer Defensive	7.5%	21.4	14.5	0.75	3.82	3.40%	17.8%
Industrials	4.4%	15.2	13.1	0.76	3.26	3.21%	21.5%
Basic Materials	1.2%	15.5	11.0	1.32	2.12	2.50%	13.6%
Real Estate	0.3%	13.6	10.0	1.64	1.43	4.20%	10.6%
Utilities	0.1%	5.8	8.2	1.11	1.18	6.28%	20.5%

GMOV earnings yield vs bond yields

GMOV earnings yield (forward)

8.30%

GMOV earnings yield (trailing)

6.23%

GMOV dividend yield

2.34%

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 GMOV weight splits by P/E

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

GMOV largest holdings: valuation

GMOV largest holdings valuation
Symbol	Company	Weight	P/E	Fwd P/E	P/S	Div. yield	Share of earnings
META	Meta Platforms, Inc.	7.31%	26.7	22.1	7.9	0.30%	4.42%
MSFT	Microsoft Corporation	7.31%	29.5	25.1	11.8	0.74%	4.01%
XOM	Exxon Mobil Corporation	4.07%	23.0	14.8	2.0	2.30%	2.85%
MRK	Merck & Co., Inc.	2.69%	115.8	15.3	5.4	2.33%	0.38%
PFE	Pfizer Inc.	2.55%	38.9	9.7	2.6	5.81%	1.06%
VZ	Verizon Communications Inc.	2.43%	11.7	8.7	1.3	6.32%	3.36%
JPM	JPMorgan Chase & Co.	2.38%	14.2	13.5	4.7	1.94%	2.70%
QCOM	QUALCOMM Incorporated	2.05%	19.9	19.6	4.2	2.14%	1.67%
BAC	Bank of America Corporation	2.03%	12.2	10.8	3.1	2.50%	2.69%
BMY	Bristol-Myers Squibb Company	2.02%	13.2	9.4	2.5	4.22%	2.48%
PG	The Procter & Gamble Company	1.67%	24.1	21.2	4.3	2.73%	1.12%
PGR	The Progressive Corporation	1.66%	11.0	12.7	1.4	0.18%	2.45%
CI	Cigna Corporation	1.66%	12.5	8.3	0.3	2.06%	2.15%
REGN	Regeneron Pharmaceuticals, Inc.	1.66%	19.6	14.5	5.2	0.48%	1.37%
JNJ	Johnson & Johnson	1.50%	38.8	21.0	6.2	2.10%	0.62%
ADBE	Adobe Inc.	1.40%	13.7	8.7	3.7	—	1.65%
COF	Capital One Financial Corporation	1.30%	13.0	8.5	2.6	1.59%	1.62%
ELV	Elevance Health Inc.	1.24%	19.0	13.7	0.5	1.61%	1.06%
CVX	Chevron Corporation	1.22%	21.2	15.2	2.1	3.16%	0.93%
EOG	EOG Resources, Inc.	1.19%	12.3	10.1	3.1	2.58%	1.57%
CVS	CVS Health Corporation	1.17%	24.3	10.7	0.3	2.88%	0.78%
ALL	The Allstate Corporation	1.15%	5.0	8.3	0.9	1.74%	3.73%
USB	U.S. Bancorp	1.13%	11.4	10.4	3.3	3.68%	1.60%
PEP	PepsiCo, Inc.	1.13%	16.5	14.9	1.8	4.50%	1.10%
TGT	Target Corporation	1.10%	16.0	15.6	0.7	3.01%	1.11%

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 GMOV valuation

Adding up its 162 holdings with company data, GMOV trades at 16.0 times trailing earnings and 12.0 times analysts' forward estimates, with a price-to-book ratio of 2.41 and a dividend yield of 2.34%. Its earnings yield of 6.23% is 0.90 points above the 5.33% yield to maturity of the U.S. bond market (AGG).

The ten largest holdings are 34.8% of the fund and earn 25.6% of its combined profit. By sector, Healthcare is the most expensive at 23.4 times earnings and Utilities the cheapest at 5.8. Companies that lost money over the past year are 1.1% 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 99.6% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.

GMOV valuation FAQ

What is the P/E ratio of GMOV?

Based on its holdings, GMOV has a trailing P/E of 16.0 and a forward P/E of 12.0 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).

What is the earnings yield of GMOV?

The trailing earnings yield is 6.23% (1 ÷ P/E) and the forward earnings yield 8.30%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.

Is GMOV more expensive than the S&P 500?

GMOV trades at 16.0 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 12.0 and 19.9.

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

The holdings of GMOV trade at 2.41 times book value, with a combined return on equity of 15.0%.

Which sector in GMOV has the highest P/E?

Healthcare has the highest P/E at 23.4 and Utilities the lowest at 5.8.