iShares Morningstar Value ETF (ILCV) Valuation
ILCV valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 22.5 trailing earnings
- Forward P/E
- 16.9 analyst estimates
- Price / sales
- 2.72
- Price / book
- 3.88
- EV / EBITDA
- 14.2
- Earnings yield
- 4.44% inverse of P/E
- Dividend yield
- 1.58% of the holdings
- Return on equity
- 17.2% combined
- Net margin
- 12.1% combined
- Beta
- 0.89 weighted, vs S&P 500
ILCV valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| ILCV | 22.5 | 16.9 | 2.72 | 3.88 | 1.58% | 17.2% | 12.1% | 1.7% |
| 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.
ILCV valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 24.7% | 29.6 | 19.8 | 6.41 | 8.60 | 0.82% | 29.0% |
| Financial Services | 17.2% | 14.4 | 13.8 | 3.15 | 2.04 | 1.62% | 14.2% |
| Healthcare | 13.3% | 36.5 | 15.9 | 1.66 | 4.45 | 1.92% | 12.2% |
| Communication Services | 9.3% | 16.9 | 16.9 | 3.61 | 3.90 | 1.13% | 23.1% |
| Consumer Cyclical | 9.0% | 26.2 | 20.4 | 2.16 | 5.83 | 1.11% | 22.3% |
| Consumer Defensive | 7.3% | 27.3 | 20.1 | 1.67 | 6.68 | 2.61% | 24.5% |
| Energy | 6.5% | 19.8 | 13.0 | 1.87 | 2.48 | 2.36% | 12.5% |
| Industrials | 5.8% | 23.5 | 18.5 | 2.18 | 4.96 | 1.66% | 21.1% |
| Utilities | 2.9% | 18.9 | 15.3 | 2.82 | 1.97 | 3.22% | 10.4% |
| Basic Materials | 1.9% | 24.6 | 15.6 | 2.62 | 3.33 | 1.57% | 13.5% |
| Real Estate | 1.6% | 24.0 | 23.8 | 6.36 | 2.92 | 4.25% | 12.2% |
ILCV 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 ILCV weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
ILCV largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| MSFT | Microsoft Corporation | 8.25% | 29.5 | 25.1 | 11.8 | 0.74% | 6.33% |
| AAPL | Apple Inc. | 7.41% | 39.4 | 35.2 | 10.7 | 0.31% | 4.25% |
| AMZN | Amazon.com, Inc. | 3.45% | 20.1 | 23.6 | 3.5 | — | 3.88% |
| BRK.B | Berkshire Hathaway Inc. | 2.78% | 13.4 | 22.7 | 3.0 | — | 4.69% |
| META | Meta Platforms, Inc. | 2.69% | 26.7 | 22.1 | 7.9 | 0.30% | 2.28% |
| JPM | JPMorgan Chase & Co. | 2.57% | 14.2 | 13.5 | 4.7 | 1.94% | 4.08% |
| GOOGL | Alphabet Inc. | 2.44% | 17.1 | 22.8 | 9.3 | 0.26% | 3.23% |
| XOM | Exxon Mobil Corporation | 2.03% | 23.0 | 14.8 | 2.0 | 2.30% | 1.99% |
| GOOG | Alphabet Inc. | 1.98% | 16.9 | 21.8 | 9.2 | 0.26% | 2.65% |
| JNJ | Johnson & Johnson | 1.81% | 38.8 | 21.0 | 6.2 | 2.10% | 1.06% |
| ABBV | AbbVie Inc. | 1.46% | 80.6 | 16.4 | 7.8 | 2.42% | 0.41% |
| MU | Micron Technology, Inc. | 1.32% | 11.8 | 7.0 | 7.5 | 0.07% | 2.52% |
| CSCO | Cisco Systems, Inc. | 1.20% | 32.2 | 19.8 | 6.7 | 1.56% | 0.84% |
| TSLA | Tesla, Inc. | 1.20% | 328.4 | 158.7 | 13.5 | — | 0.08% |
| CVX | Chevron Corporation | 1.18% | 21.2 | 15.2 | 2.1 | 3.16% | 1.26% |
| PG | The Procter & Gamble Company | 1.10% | 24.1 | 21.2 | 4.3 | 2.73% | 1.03% |
| KO | The Coca-Cola Company | 1.04% | 28.2 | 25.3 | 8.1 | 2.26% | 0.84% |
| UNH | UnitedHealth Group Incorporated | 1.02% | 25.8 | 16.6 | 0.8 | 2.31% | 0.90% |
| MRK | Merck & Co., Inc. | 1.02% | 115.8 | 15.3 | 5.4 | 2.33% | 0.20% |
| V | Visa Inc. | 0.95% | 34.3 | 24.0 | 17.0 | 0.67% | 0.63% |
| HD | The Home Depot, Inc. | 0.94% | 21.5 | 19.8 | 1.8 | 3.01% | 0.98% |
| BAC | Bank of America Corporation | 0.91% | 12.2 | 10.8 | 3.1 | 2.50% | 1.68% |
| WMT | Walmart Inc. | 0.90% | 43.0 | 38.0 | 1.3 | 0.83% | 0.47% |
| PM | Philip Morris International Inc. | 0.86% | 29.5 | 20.9 | 7.5 | 3.12% | 0.66% |
| RTX | RTX Corporation | 0.77% | 34.1 | 24.6 | 2.8 | 1.51% | 0.51% |
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 ILCV valuation
Adding up its 371 holdings with company data, ILCV trades at 22.5 times trailing earnings and 16.9 times analysts' forward estimates, with a price-to-book ratio of 3.88 and a dividend yield of 1.58%. Its earnings yield of 4.44% is 0.88 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 35.4% of the fund and earn 34.4% of its combined profit. By sector, Healthcare is the most expensive at 36.5 times earnings and Financial Services the cheapest at 14.4. Companies that lost money over the past year are 1.7% 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: ILCV chart, ILCV performance, ILCV holdings, ILCV dividends.
ILCV valuation FAQ
What is the P/E ratio of ILCV?
Based on its holdings, ILCV has a trailing P/E of 22.5 and a forward P/E of 16.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of ILCV?
The trailing earnings yield is 4.44% (1 ÷ P/E) and the forward earnings yield 5.91%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is ILCV more expensive than the S&P 500?
ILCV trades at 22.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 16.9 and 19.9.
What is the price-to-book ratio of ILCV?
The holdings of ILCV trade at 3.88 times book value, with a combined return on equity of 17.2%.
Which sector in ILCV has the highest P/E?
Healthcare has the highest P/E at 36.5 and Financial Services the lowest at 14.4.