Global X PureCap MSCI Information Technology ETF (GXPT) Valuation
GXPT valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 34.5 trailing earnings
- Forward P/E
- 23.7 analyst estimates
- Price / sales
- 9.59
- Price / book
- 12.94
- EV / EBITDA
- 24.8
- Earnings yield
- 2.90% inverse of P/E
- Dividend yield
- 0.54% of the holdings
- Return on equity
- 37.5% combined
- Net margin
- 27.8% combined
- Beta
- 1.54 weighted, vs S&P 500
GXPT valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| GXPT | 34.5 | 23.7 | 9.59 | 12.94 | 0.54% | 37.5% | 27.8% | 3.0% |
| 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.
GXPT valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 100.8% | 34.4 | 23.7 | 9.60 | 12.95 | 0.54% | 37.6% |
| Financial Services | 0.1% | n/m | 89.9 | 8.93 | 5.33 | 0.00% | −10.5% |
GXPT 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 GXPT weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
GXPT largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AAPL | Apple Inc. | 20.70% | 39.4 | 35.2 | 10.7 | 0.31% | 17.96% |
| NVDA | NVIDIA Corporation | 20.06% | 27.1 | 24.9 | 17.1 | 0.47% | 25.33% |
| MSFT | Microsoft Corporation | 15.60% | 29.5 | 25.1 | 11.8 | 0.74% | 18.09% |
| AVGO | Broadcom Inc. | 6.12% | 43.3 | 19.4 | 17.6 | 0.79% | 4.83% |
| MU | Micron Technology, Inc. | 3.85% | 11.8 | 7.0 | 7.5 | 0.07% | 11.12% |
| AMD | Advanced Micro Devices, Inc. | 3.29% | 134.9 | 39.5 | 20.9 | — | 0.83% |
| PLTR | Palantir Technologies Inc. | 1.70% | 160.4 | 85.5 | 72.6 | — | 0.36% |
| CSCO | Cisco Systems, Inc. | 1.68% | 32.2 | 19.8 | 6.7 | 1.56% | 1.78% |
| INTC | Intel Corporation | 1.50% | — | 63.3 | 8.3 | — | −1.21% |
| LRCX | Lam Research Corporation | 1.16% | 45.8 | 33.7 | 14.2 | 0.50% | 0.87% |
| AMAT | Applied Materials, Inc. | 1.16% | 35.3 | 23.4 | 10.5 | 0.52% | 1.12% |
| PANW | Palo Alto Networks, Inc. | 1.12% | 855.0 | 94.3 | 24.4 | — | 0.04% |
| TXN | Texas Instruments Incorporated | 1.05% | 42.1 | 27.5 | 13.0 | 2.20% | 0.85% |
| CRWD | CrowdStrike Holdings, Inc. | 0.96% | — | 208.3 | 43.1 | — | 0.01% |
| IBM | International Business Machines Corporation | 0.94% | 20.6 | 17.4 | 3.2 | 2.91% | 1.55% |
| ORCL | Oracle Corporation | 0.93% | 20.1 | 17.8 | 5.4 | 1.56% | 1.57% |
| CRM | Salesforce, Inc. | 0.83% | 22.0 | 14.0 | 4.5 | 0.73% | 1.28% |
| ADI | Analog Devices, Inc. | 0.79% | 47.0 | 23.2 | 13.8 | 1.11% | 0.58% |
| KLAC | KLA Corporation | 0.79% | 45.3 | 34.8 | 15.9 | 0.56% | 0.59% |
| MRVL | Marvell Technology, Inc. | 0.77% | 72.3 | 62.1 | 21.7 | 0.11% | 0.37% |
| QCOM | QUALCOMM Incorporated | 0.77% | 19.9 | 19.6 | 4.2 | 2.14% | 1.32% |
| APH | Amphenol Corporation | 0.76% | 39.7 | 24.6 | 6.7 | 0.63% | 0.65% |
| SNDK | Sandisk Corporation | 0.75% | 17.6 | 8.0 | 9.3 | — | 1.46% |
| ANET | Arista Networks, Inc. | 0.74% | 55.8 | 39.2 | 21.2 | — | 0.46% |
| NOW | ServiceNow, Inc. | 0.68% | 88.7 | 27.8 | 10.0 | — | 0.26% |
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 GXPT valuation
Adding up its 85 holdings with company data, GXPT trades at 34.5 times trailing earnings and 23.7 times analysts' forward estimates, with a price-to-book ratio of 12.94 and a dividend yield of 0.54%. Its earnings yield of 2.90% is 2.43 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 75.7% of the fund and earn 80.0% of its combined profit. Companies that lost money over the past year are 3.0% 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 100.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: GXPT chart, GXPT performance, GXPT holdings, GXPT dividends.
GXPT valuation FAQ
What is the P/E ratio of GXPT?
Based on its holdings, GXPT has a trailing P/E of 34.5 and a forward P/E of 23.7 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of GXPT?
The trailing earnings yield is 2.90% (1 ÷ P/E) and the forward earnings yield 4.21%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is GXPT more expensive than the S&P 500?
GXPT trades at 34.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 23.7 and 19.9.
What is the price-to-book ratio of GXPT?
The holdings of GXPT trade at 12.94 times book value, with a combined return on equity of 37.5%.