iShares Cybersecurity and Tech ETF (IHAK) Valuation
IHAK valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 78.9 trailing earnings
- Forward P/E
- 24.5 analyst estimates
- Price / sales
- 3.37
- Price / book
- 6.66
- EV / EBITDA
- 23.4
- Earnings yield
- 1.27% inverse of P/E
- Dividend yield
- 0.27% of the holdings
- Return on equity
- 8.4% combined
- Net margin
- 4.3% combined
- Beta
- 0.81 weighted, vs S&P 500
IHAK valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| IHAK | 78.9 | 24.5 | 3.37 | 6.66 | 0.27% | 8.4% | 4.3% | 27.8% |
| 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.
IHAK valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 96.9% | 101.2 | 25.0 | 3.84 | 6.63 | 0.16% | 6.6% |
| Industrials | 3.1% | 11.7 | 16.5 | 0.81 | 7.57 | 3.18% | 64.8% |
IHAK 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 IHAK weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
IHAK largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NTSK | Netskope, Inc. | 6.46% | — | — | 9.7 | — | −31.45% |
| QLYS | Qualys, Inc. | 6.23% | 31.4 | 21.9 | 9.1 | — | 18.47% |
| ZS | Zscaler, Inc. | 5.96% | — | 43.9 | 10.1 | — | −1.04% |
| OKTA | Okta, Inc. | 5.52% | 112.8 | 54.3 | 10.7 | — | 4.55% |
| TENB | Tenable Holdings, Inc. | 4.80% | 620.0 | 16.3 | 3.9 | — | 0.72% |
| VRNS | Varonis Systems, Inc. | 4.71% | — | 140.8 | 8.1 | — | −10.97% |
| CRWD | CrowdStrike Holdings, Inc. | 4.64% | — | 208.3 | 43.1 | — | 0.11% |
| S | SentinelOne, Inc. | 4.46% | — | 75.2 | 6.8 | — | −19.11% |
| PANW | Palo Alto Networks, Inc. | 4.36% | 855.0 | 94.3 | 24.4 | — | 0.47% |
| SAIC | Science Applications International Corporation | 4.27% | 15.5 | 10.6 | 0.8 | 1.11% | 25.56% |
| CACI | CACI International Inc | 3.93% | 25.4 | 17.8 | 1.4 | — | 14.39% |
| CHKP | Check Point Software Technologies Ltd. | 3.76% | 14.1 | 12.5 | 5.1 | — | 24.81% |
| FTNT | Fortinet, Inc. | 3.71% | 59.8 | 45.0 | 16.5 | — | 5.78% |
| ALRM | Alarm.com Holdings, Inc. | 3.67% | 25.4 | 26.2 | 2.7 | — | 13.45% |
| 4704 | Trend Micro Inc. | 3.64% | — | — | — | — | — |
| BAH | Booz Allen Hamilton Holding Corporation | 3.13% | 11.7 | 16.5 | 0.8 | 3.18% | 24.91% |
| BB | BlackBerry Ltd | 3.06% | — | — | — | — | — |
| NETC | Netcompany Group A/S | 2.82% | — | — | — | — | — |
| YOU | Clear Secure, Inc. | 2.69% | 29.5 | — | 4.5 | 1.31% | 8.49% |
| CALX | Calix, Inc. | 2.67% | 48.7 | 14.7 | 2.1 | — | 5.11% |
| 2345 | Accton Technology Corp | 2.25% | — | — | — | — | — |
| ATEN | A10 Networks, Inc. | 2.11% | 42.2 | 23.3 | 5.7 | 0.98% | 4.65% |
| AKAM | Akamai Technologies, Inc. | 1.90% | 31.8 | 15.0 | 2.9 | — | 5.56% |
| TMV | TeamViewer AG | 1.74% | — | — | — | — | — |
| SAIL | SailPoint, Inc. | 1.68% | — | 67.1 | 9.2 | — | −2.83% |
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 IHAK valuation
Adding up its 25 holdings with company data, IHAK trades at 78.9 times trailing earnings and 24.5 times analysts' forward estimates, with a price-to-book ratio of 6.66 and a dividend yield of 0.27%. Its earnings yield of 1.27% is 4.06 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 51.4% of the fund and earn −12.7% of its combined profit. By sector, Technology is the most expensive at 101.2 times earnings and Industrials the cheapest at 11.7. Companies that lost money over the past year are 27.8% 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 84.7% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: IHAK chart, IHAK performance, IHAK holdings, IHAK dividends.
IHAK valuation FAQ
What is the P/E ratio of IHAK?
Based on its holdings, IHAK has a trailing P/E of 78.9 and a forward P/E of 24.5 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of IHAK?
The trailing earnings yield is 1.27% (1 ÷ P/E) and the forward earnings yield 4.09%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is IHAK more expensive than the S&P 500?
IHAK trades at 78.9 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 24.5 and 19.9.
What is the price-to-book ratio of IHAK?
The holdings of IHAK trade at 6.66 times book value, with a combined return on equity of 8.4%.
Which sector in IHAK has the highest P/E?
Technology has the highest P/E at 101.2 and Industrials the lowest at 11.7.