Global X Purecap MSCI Communication Services ETF (GXPC) Valuation
GXPC valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 18.5 trailing earnings
- Forward P/E
- 19.0 analyst estimates
- Price / sales
- 4.84
- Price / book
- 4.99
- EV / EBITDA
- 12.3
- Earnings yield
- 5.41% inverse of P/E
- Dividend yield
- 0.71% of the holdings
- Return on equity
- 27.0% combined
- Net margin
- 26.2% combined
- Beta
- 1.17 weighted, vs S&P 500
GXPC valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| GXPC | 18.5 | 19.0 | 4.84 | 4.99 | 0.71% | 27.0% | 26.2% | 3.2% |
| 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.
GXPC valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Communication Services | 96.3% | 18.2 | 18.8 | 4.78 | 4.94 | 0.72% | 27.2% |
| Industrials | 1.4% | n/m | 200.0 | 83.53 | 15.37 | 0.00% | −6.8% |
GXPC 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 GXPC weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
GXPC largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| GOOGL | Alphabet Inc. | 30.53% | 17.1 | 22.8 | 9.3 | 0.26% | 33.76% |
| GOOG | Alphabet Inc. | 23.03% | 16.9 | 21.8 | 9.2 | 0.26% | 25.75% |
| META | Meta Platforms, Inc. | 22.55% | 26.7 | 22.1 | 7.9 | 0.30% | 15.95% |
| NFLX | Netflix, Inc. | 4.69% | 22.2 | 18.7 | 6.1 | — | 4.00% |
| DIS | The Walt Disney Company | 3.04% | 22.8 | 13.8 | 1.9 | 1.36% | 2.52% |
| VZ | Verizon Communications Inc. | 2.99% | 11.7 | 8.7 | 1.3 | 6.32% | 4.85% |
| T | AT&T Inc. | 2.65% | 7.7 | 9.9 | 1.3 | 4.74% | 6.47% |
| SPCX | Space Exploration Technologies Corp. | 1.40% | — | 200.0 | 83.5 | — | −0.12% |
| CMCSA | Comcast Corporation | 1.29% | 7.1 | 5.9 | 0.6 | 6.03% | 3.45% |
| TMUS | T-Mobile US, Inc. | 1.19% | 16.6 | 11.7 | 1.9 | 2.94% | 1.35% |
| APP | AppLovin Corporation | 0.98% | 20.5 | 15.4 | 13.1 | — | 0.91% |
| TTWO | Take-Two Interactive Software, Inc. | 0.60% | — | 28.2 | 5.7 | — | −0.10% |
| RBLX | Roblox Corporation | 0.51% | — | 192.3 | 6.2 | — | −0.26% |
| LYV | Live Nation Entertainment, Inc. | 0.41% | — | 119.0 | 1.5 | — | −0.05% |
| VOX | Vanguard Communication Services Index Fund ETF Shares | 0.40% | — | — | — | — | — |
| OMC | Omnicom Group Inc. | 0.35% | 212.0 | 7.4 | 1.0 | 3.97% | 0.03% |
| FWONK | Liberty Media Corporation - Formula One Group | 0.32% | 110.7 | 48.1 | 5.7 | — | 0.06% |
| RDDT | Reddit, Inc. | 0.27% | 36.3 | 23.2 | 10.8 | — | 0.14% |
| FOXA | Fox Corporation | 0.23% | 16.7 | 11.1 | 1.6 | 0.90% | 0.26% |
| CHTR | Charter Communications, Inc. | 0.20% | 2.9 | 2.5 | 0.3 | — | 1.31% |
| NWSA | News Corporation | 0.19% | 29.2 | 22.0 | 1.8 | 0.67% | 0.12% |
| ECHO | EchoStar Corporation | 0.19% | — | 4.7 | 1.7 | — | −0.56% |
| NPA | New Providence Acquisition Corp | 0.15% | — | — | — | — | — |
| FOX | Fox Corporation | 0.13% | 14.9 | 9.9 | 1.4 | 1.01% | 0.16% |
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 GXPC valuation
Adding up its 22 holdings with company data, GXPC trades at 18.5 times trailing earnings and 19.0 times analysts' forward estimates, with a price-to-book ratio of 4.99 and a dividend yield of 0.71%. Its earnings yield of 5.41% is 0.09 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 93.4% of the fund and earn 98.0% of its combined profit. Companies that lost money over the past year are 3.2% 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 99.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: GXPC chart, GXPC performance, GXPC holdings, GXPC dividends.
GXPC valuation FAQ
What is the P/E ratio of GXPC?
Based on its holdings, GXPC has a trailing P/E of 18.5 and a forward P/E of 19.0 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of GXPC?
The trailing earnings yield is 5.41% (1 ÷ P/E) and the forward earnings yield 5.26%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is GXPC more expensive than the S&P 500?
GXPC trades at 18.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 19.0 and 19.9.
What is the price-to-book ratio of GXPC?
The holdings of GXPC trade at 4.99 times book value, with a combined return on equity of 27.0%.