Intelligent Alpha Atlas ETF (GPT) Valuation
GPT valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 26.7 trailing earnings
- Forward P/E
- 17.2 analyst estimates
- Price / sales
- 2.40
- Price / book
- 5.76
- EV / EBITDA
- 14.7
- Earnings yield
- 3.75% inverse of P/E
- Dividend yield
- 0.80% of the holdings
- Return on equity
- 21.6% combined
- Net margin
- 9.0% combined
- Beta
- 1.20 weighted, vs S&P 500
GPT valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| GPT | 26.7 | 17.2 | 2.40 | 5.76 | 0.80% | 21.6% | 9.0% | 10.2% |
| 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.
GPT valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 22.6% | 23.9 | 16.4 | 1.85 | 9.62 | 0.55% | 40.2% |
| Industrials | 22.0% | 28.9 | 21.4 | 2.38 | 4.96 | 1.17% | 17.1% |
| Healthcare | 19.2% | 88.8 | 43.2 | 9.69 | 8.47 | 0.10% | 9.5% |
| Energy | 12.3% | 16.6 | 8.9 | 1.25 | 2.89 | 1.96% | 17.4% |
| Consumer Cyclical | 7.1% | 30.0 | 21.5 | 2.24 | 7.84 | 0.19% | 26.2% |
| Utilities | 6.8% | 26.0 | 15.8 | 2.83 | 5.66 | 0.62% | 21.7% |
| Basic Materials | 5.3% | 13.1 | 11.6 | 4.38 | 4.10 | 2.02% | 31.4% |
| Financial Services | 2.9% | 15.3 | 12.5 | 2.39 | 3.77 | 0.84% | 24.6% |
| Communication Services | 0.7% | 30.5 | 28.6 | 6.02 | 10.92 | 0.00% | 35.8% |
GPT 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 GPT weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
GPT largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| VST | Vistra Corp. | 3.78% | 25.6 | 13.3 | 2.7 | 0.61% | 4.28% |
| NTRA | Natera, Inc. | 3.78% | — | — | 20.9 | — | −0.38% |
| ILMN | Illumina, Inc. | 3.48% | 49.0 | 40.3 | 8.8 | — | 2.06% |
| TSM | Taiwan Semiconductor Manufacturing Company Limited | 3.45% | 26.7 | 21.4 | 0.4 | 0.91% | 3.74% |
| CEG | Constellation Energy Corporation | 3.02% | 26.5 | 20.7 | 3.1 | 0.63% | 3.30% |
| MU | Micron Technology, Inc. | 2.96% | 11.8 | 7.0 | 7.5 | 0.07% | 7.26% |
| MPC | Marathon Petroleum Corporation | 2.72% | 16.6 | 5.5 | 0.9 | 0.84% | 4.78% |
| AVGO | Broadcom Inc. | 2.55% | 43.3 | 19.4 | 17.6 | 0.79% | 1.71% |
| ETN | Eaton Corporation plc | 2.48% | 39.8 | 27.6 | 5.1 | 1.12% | 1.81% |
| CVX | Chevron Corporation | 2.46% | 21.2 | 15.2 | 2.1 | 3.16% | 3.37% |
| NVDA | NVIDIA Corporation | 2.42% | 27.1 | 24.9 | 17.1 | 0.47% | 2.60% |
| NEM | Newmont Corporation | 2.41% | 15.0 | 11.6 | 4.8 | 0.88% | 4.69% |
| PWR | Quanta Services, Inc. | 2.40% | 72.4 | 33.0 | 2.9 | 0.07% | 0.96% |
| TXG | 10x Genomics, Inc. | 2.24% | — | — | 14.8 | — | −0.51% |
| EOG | EOG Resources, Inc. | 2.18% | 12.3 | 10.1 | 3.1 | 2.58% | 5.14% |
| LDOS | Leidos Holdings, Inc. | 2.16% | 11.7 | 9.6 | 0.9 | 1.38% | 5.37% |
| MELI | MercadoLibre, Inc. | 2.15% | 50.5 | 32.8 | 2.6 | — | 1.24% |
| RNMBY | Rheinmetall AG ADR | 2.08% | — | — | — | — | — |
| QGEN | Qiagen N.V. | 2.02% | 23.4 | 13.5 | 4.5 | 0.76% | 2.50% |
| CAI | Caris Life Sciences, Inc. | 1.95% | 18.1 | 43.3 | 8.7 | — | 3.13% |
| PSX | Phillips 66 | 1.88% | 16.8 | 9.7 | 0.8 | 1.81% | 3.26% |
| LHX | L3Harris Technologies, Inc. | 1.85% | 25.1 | 17.9 | 2.0 | 2.01% | 2.14% |
| GH | Guardant Health, Inc. | 1.71% | — | — | 18.0 | — | −1.09% |
| LRCX | Lam Research Corporation | 1.67% | 45.8 | 33.7 | 14.2 | 0.50% | 1.06% |
| PYPL | PayPal Holdings, Inc. | 1.64% | 10.7 | 9.1 | 1.4 | 0.99% | 4.45% |
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 GPT valuation
Adding up its 65 holdings with company data, GPT trades at 26.7 times trailing earnings and 17.2 times analysts' forward estimates, with a price-to-book ratio of 5.76 and a dividend yield of 0.80%. Its earnings yield of 3.75% is 1.58 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 30.7% of the fund and earn 31.9% of its combined profit. By sector, Healthcare is the most expensive at 88.8 times earnings and Basic Materials the cheapest at 13.1. Companies that lost money over the past year are 10.2% 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 91.3% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: GPT chart, GPT performance, GPT holdings, GPT dividends.
GPT valuation FAQ
What is the P/E ratio of GPT?
Based on its holdings, GPT has a trailing P/E of 26.7 and a forward P/E of 17.2 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of GPT?
The trailing earnings yield is 3.75% (1 ÷ P/E) and the forward earnings yield 5.83%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is GPT more expensive than the S&P 500?
GPT trades at 26.7 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 17.2 and 19.9.
What is the price-to-book ratio of GPT?
The holdings of GPT trade at 5.76 times book value, with a combined return on equity of 21.6%.
Which sector in GPT has the highest P/E?
Healthcare has the highest P/E at 88.8 and Basic Materials the lowest at 13.1.