Goldman Sachs MSCI World Private Equity… (GTPE) Valuation
GTPE valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 30.3 trailing earnings
- Forward P/E
- 18.6 analyst estimates
- Price / sales
- 2.60
- Price / book
- 4.52
- EV / EBITDA
- 18.8
- Earnings yield
- 3.30% inverse of P/E
- Dividend yield
- 1.07% of the holdings
- Return on equity
- 14.9% combined
- Net margin
- 8.6% combined
- Beta
- 1.15 weighted, vs S&P 500
GTPE valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| GTPE | 30.3 | 18.6 | 2.60 | 4.52 | 1.07% | 14.9% | 8.6% | 5.9% |
| 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.
GTPE valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 26.1% | 39.3 | 22.6 | 6.88 | 11.30 | 0.47% | 28.7% |
| Industrials | 11.5% | 26.4 | 20.1 | 1.95 | 5.53 | 1.28% | 20.9% |
| Financial Services | 10.3% | 14.2 | 12.4 | 3.10 | 1.90 | 1.55% | 13.5% |
| Healthcare | 8.4% | 74.4 | 15.6 | 1.26 | 4.55 | 0.62% | 6.1% |
| Consumer Cyclical | 5.7% | 30.1 | 16.1 | 1.14 | 4.16 | 1.87% | 13.8% |
| Consumer Defensive | 4.0% | 34.1 | 20.0 | 1.36 | 4.05 | 1.18% | 11.9% |
| Real Estate | 2.9% | 28.2 | 26.7 | 5.42 | 2.06 | 3.17% | 7.3% |
| Communication Services | 1.9% | 148.4 | 26.1 | 4.04 | 5.24 | 0.33% | 3.5% |
| Information Technology | 0.0% | n/m | 45.0 | 20.20 | 2.74 | 0.00% | −2.7% |
GTPE 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 GTPE weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
GTPE largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AMD | Advanced Micro Devices, Inc. | 2.98% | 134.9 | 39.5 | 20.9 | — | 1.24% |
| NVDA | NVIDIA Corporation | 2.36% | 27.1 | 24.9 | 17.1 | 0.47% | 4.89% |
| PLTR | Palantir Technologies Inc. | 2.30% | 160.4 | 85.5 | 72.6 | — | 0.81% |
| AVGO | Broadcom Inc. | 1.92% | 43.3 | 19.4 | 17.6 | 0.79% | 2.48% |
| LMT | Lockheed Martin Corporation | 1.70% | 20.3 | 16.2 | 1.7 | 2.61% | 4.69% |
| WELL | Welltower Inc. | 1.66% | 105.3 | 78.1 | 13.3 | 1.45% | 0.88% |
| GEV | GE Vernova Inc. | 1.61% | 26.4 | 38.8 | 5.9 | 0.22% | 3.42% |
| ADP | Automatic Data Processing, Inc. | 1.55% | 26.4 | 22.0 | 5.2 | 2.35% | 3.30% |
| AMAT | Applied Materials, Inc. | 1.55% | 35.3 | 23.4 | 10.5 | 0.52% | 2.46% |
| SU | Suncor Energy Inc | 1.46% | — | — | — | — | — |
| BNY | The Bank of New York Mellon Corporation | 1.39% | 15.9 | 15.0 | 4.4 | 1.55% | 4.90% |
| SBUX | Starbucks Corporation | 1.37% | 56.4 | 30.9 | 2.9 | 2.58% | 1.36% |
| WMB | The Williams Companies, Inc. | 1.29% | 28.4 | 26.8 | 7.1 | 2.95% | 2.54% |
| ADBE | Adobe Inc. | 1.21% | 13.7 | 8.7 | 3.7 | — | 4.96% |
| MNST | Monster Beverage Corporation | 1.08% | 42.3 | 33.7 | 9.7 | — | 1.43% |
| SCHW | The Charles Schwab Corporation | 1.00% | 15.7 | 12.9 | 5.9 | 1.39% | 3.56% |
| MRVL | Marvell Technology, Inc. | 0.91% | 72.3 | 62.1 | 21.7 | 0.11% | 0.71% |
| CNR | Canadian National Railway Co | 0.85% | — | — | — | — | — |
| ABBV | AbbVie Inc. | 0.76% | 80.6 | 16.4 | 7.8 | 2.42% | 0.53% |
| TER | Teradyne, Inc. | 0.73% | 44.6 | 30.7 | 11.4 | 0.16% | 0.91% |
| CIEN | Ciena Corporation | 0.72% | 74.4 | 39.8 | 7.8 | — | 0.54% |
| MA | Mastercard Incorporated | 0.69% | 34.0 | 24.2 | 15.4 | 0.56% | 1.15% |
| HCA | HCA Healthcare, Inc. | 0.65% | 15.4 | 13.9 | 1.3 | 0.68% | 2.39% |
| MSFT | Microsoft Corporation | 0.59% | 29.5 | 25.1 | 11.8 | 0.74% | 1.12% |
| TTWO | Take-Two Interactive Software, Inc. | 0.58% | — | 28.2 | 5.7 | — | −0.28% |
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 GTPE valuation
Adding up its 824 holdings with company data, GTPE trades at 30.3 times trailing earnings and 18.6 times analysts' forward estimates, with a price-to-book ratio of 4.52 and a dividend yield of 1.07%. Its earnings yield of 3.30% is 2.02 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 19.1% of the fund and earn 29.1% of its combined profit. By sector, Communication Services is the most expensive at 148.4 times earnings and Financial Services the cheapest at 14.2. Companies that lost money over the past year are 5.9% 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 70.1% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: GTPE chart, GTPE performance, GTPE holdings.
GTPE valuation FAQ
What is the P/E ratio of GTPE?
Based on its holdings, GTPE has a trailing P/E of 30.3 and a forward P/E of 18.6 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of GTPE?
The trailing earnings yield is 3.30% (1 ÷ P/E) and the forward earnings yield 5.37%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is GTPE more expensive than the S&P 500?
GTPE trades at 30.3 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 18.6 and 19.9.
What is the price-to-book ratio of GTPE?
The holdings of GTPE trade at 4.52 times book value, with a combined return on equity of 14.9%.
Which sector in GTPE has the highest P/E?
Communication Services has the highest P/E at 148.4 and Financial Services the lowest at 14.2.