iShares Morningstar Growth ETF (ILCG) Valuation

NYSE: ILCGP/E, earnings yield and other ratios of the holdings combined.

ILCG valuation today

Holdings combined · company data as of Oct 26, 2026

P/E (TTM): 33.0
Forward P/E: 24.8
Price / sales: 5.76
Price / book: 10.05
EV / EBITDA: 21.6
Earnings yield: 3.03%
Dividend yield: 0.51%
Return on equity: 30.4%
Net margin: 17.4%
Beta: 1.46

ILCG valuation vs other stock ETFs

P/E (TTM)Forward P/E

ILCG valuation compared with other stock ETFs
ETF	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE	Net margin	Loss-makers
ILCG	33.0	24.8	5.76	10.05	0.51%	30.4%	17.4%	3.5%
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.

ILCG valuation by sector

P/E (TTM)Forward P/E

ILCG valuation by sector
Sector	Weight	P/E	Fwd P/E	P/S	P/B	Div. yield	ROE
Technology	53.6%	37.3	25.6	11.40	16.08	0.40%	43.1%
Industrials	9.4%	35.3	26.8	3.72	8.81	0.74%	24.9%
Consumer Cyclical	9.4%	30.7	28.2	3.86	7.47	0.27%	24.4%
Communication Services	9.4%	20.2	21.9	8.06	7.25	0.23%	36.0%
Healthcare	6.2%	46.8	24.5	2.12	11.21	0.41%	24.0%
Financial Services	5.5%	24.6	18.8	5.25	5.55	1.01%	22.6%
Consumer Defensive	1.8%	44.0	34.0	1.59	9.91	0.81%	22.5%
Real Estate	1.5%	52.2	46.2	6.70	3.59	2.44%	6.9%
Basic Materials	1.4%	30.5	18.5	3.10	4.27	1.11%	14.0%
Utilities	0.9%	24.1	16.2	2.83	2.76	1.99%	11.5%
Energy	0.8%	19.0	11.9	1.90	3.90	1.51%	20.5%

ILCG earnings yield vs bond yields

ILCG earnings yield (forward)

4.04%

ILCG earnings yield (trailing)

3.03%

ILCG dividend yield

0.51%

Bond market yield (AGG)

5.33%

T-bill yield (BIL)

3.91%

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 ILCG weight splits by P/E

Share of the covered weight in companies with a trailing P/E in each range.

ILCG largest holdings: valuation

ILCG largest holdings valuation
Symbol	Company	Weight	P/E	Fwd P/E	P/S	Div. yield	Share of earnings
NVDA	NVIDIA Corporation	16.06%	27.1	24.9	17.1	0.47%	19.62%
AAPL	Apple Inc.	8.08%	39.4	35.2	10.7	0.31%	6.78%
AVGO	Broadcom Inc.	4.75%	43.3	19.4	17.6	0.79%	3.62%
AMZN	Amazon.com, Inc.	4.11%	20.1	23.6	3.5	—	6.76%
GOOGL	Alphabet Inc.	3.26%	17.1	22.8	9.3	0.26%	6.32%
LLY	Eli Lilly and Company	3.26%	42.2	24.4	14.1	0.55%	2.55%
MSFT	Microsoft Corporation	2.95%	29.5	25.1	11.8	0.74%	3.31%
GOOG	Alphabet Inc.	2.86%	16.9	21.8	9.2	0.26%	5.60%
AMD	Advanced Micro Devices, Inc.	2.67%	134.9	39.5	20.9	—	0.65%
TSLA	Tesla, Inc.	2.07%	328.4	158.7	13.5	—	0.21%
MU	Micron Technology, Inc.	1.70%	11.8	7.0	7.5	0.07%	4.74%
META	Meta Platforms, Inc.	1.67%	26.7	22.1	7.9	0.30%	2.07%
PLTR	Palantir Technologies Inc.	1.36%	160.4	85.5	72.6	—	0.28%
INTC	Intel Corporation	1.20%	—	63.3	8.3	—	−0.94%
V	Visa Inc.	1.16%	34.3	24.0	17.0	0.67%	1.12%
GE	GE Aerospace	1.01%	37.0	35.3	6.4	0.60%	0.90%
AMAT	Applied Materials, Inc.	0.91%	35.3	23.4	10.5	0.52%	0.85%
PANW	Palo Alto Networks, Inc.	0.89%	855.0	94.3	24.4	—	0.03%
MA	Mastercard Incorporated	0.89%	34.0	24.2	15.4	0.56%	0.87%
LRCX	Lam Research Corporation	0.88%	45.8	33.7	14.2	0.50%	0.63%
NFLX	Netflix, Inc.	0.87%	22.2	18.7	6.1	—	1.30%
CRWD	CrowdStrike Holdings, Inc.	0.75%	—	208.3	43.1	—	0.01%
WMT	Walmart Inc.	0.68%	43.0	38.0	1.3	0.83%	0.52%
GEV	GE Vernova Inc.	0.68%	26.4	38.8	5.9	0.22%	0.85%
COST	Costco Wholesale Corporation	0.65%	47.6	40.3	1.4	0.59%	0.45%

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 ILCG valuation

Adding up its 325 holdings with company data, ILCG trades at 33.0 times trailing earnings and 24.8 times analysts' forward estimates, with a price-to-book ratio of 10.05 and a dividend yield of 0.51%. Its earnings yield of 3.03% is 2.30 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).

The ten largest holdings are 50.1% of the fund and earn 55.4% of its combined profit. By sector, Real Estate is the most expensive at 52.2 times earnings and Energy the cheapest at 19.0. Companies that lost money over the past year are 3.5% 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.

ILCG valuation FAQ

What is the P/E ratio of ILCG?

Based on its holdings, ILCG has a trailing P/E of 33.0 and a forward P/E of 24.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).

What is the earnings yield of ILCG?

The trailing earnings yield is 3.03% (1 ÷ P/E) and the forward earnings yield 4.04%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.

Is ILCG more expensive than the S&P 500?

ILCG trades at 33.0 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 24.8 and 19.9.

What is the price-to-book ratio of ILCG?

The holdings of ILCG trade at 10.05 times book value, with a combined return on equity of 30.4%.

Which sector in ILCG has the highest P/E?

Real Estate has the highest P/E at 52.2 and Energy the lowest at 19.0.