iShares Russell Mid-Cap Value ETF (IWS) Valuation
IWS valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 22.9 trailing earnings
- Forward P/E
- 14.0 analyst estimates
- Price / sales
- 1.53
- Price / book
- 2.42
- EV / EBITDA
- 12.0
- Earnings yield
- 4.38% inverse of P/E
- Dividend yield
- 1.81% of the holdings
- Return on equity
- 10.6% combined
- Net margin
- 6.7% combined
- Beta
- 0.94 weighted, vs S&P 500
IWS valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| IWS | 22.9 | 14.0 | 1.53 | 2.42 | 1.81% | 10.6% | 6.7% | 7.4% |
| 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.
IWS valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 16.3% | 13.5 | 10.9 | 1.92 | 1.78 | 1.94% | 13.1% |
| Industrials | 14.4% | 26.5 | 16.5 | 1.68 | 3.55 | 1.06% | 13.4% |
| Technology | 13.6% | 25.0 | 15.1 | 1.96 | 3.14 | 0.73% | 12.6% |
| Healthcare | 12.1% | 51.3 | 17.4 | 1.45 | 3.29 | 0.45% | 6.4% |
| Consumer Cyclical | 8.5% | 26.5 | 12.4 | 0.86 | 2.56 | 1.93% | 9.6% |
| Real Estate | 7.9% | 27.3 | 23.2 | 4.16 | 2.09 | 4.65% | 7.6% |
| Energy | 7.8% | 16.3 | 11.0 | 1.61 | 2.12 | 2.12% | 13.0% |
| Utilities | 6.7% | 19.0 | 14.6 | 2.43 | 1.82 | 3.27% | 9.6% |
| Consumer Defensive | 6.0% | 35.4 | 13.6 | 0.68 | 2.55 | 2.77% | 7.2% |
| Basic Materials | 4.5% | 31.6 | 13.7 | 1.48 | 2.27 | 1.67% | 7.2% |
| Communication Services | 1.8% | 21.5 | 10.2 | 1.31 | 1.58 | 1.39% | 7.3% |
IWS 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 IWS weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
IWS largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| PSX | Phillips 66 | 1.06% | 16.8 | 9.7 | 0.8 | 1.81% | 1.45% |
| HPE | Hewlett Packard Enterprise Company | 0.70% | 28.4 | 13.6 | 1.7 | 1.03% | 0.57% |
| MRNA | Moderna, Inc. | 0.68% | — | 23.0 | 39.1 | — | −0.57% |
| KMI | Kinder Morgan, Inc. | 0.65% | 22.1 | 20.0 | 4.2 | 3.45% | 0.68% |
| ALL | The Allstate Corporation | 0.64% | 5.0 | 8.3 | 0.9 | 1.74% | 2.98% |
| MPC | Marathon Petroleum Corporation | 0.61% | 16.6 | 5.5 | 0.9 | 0.84% | 0.84% |
| DLR | Digital Realty Trust, Inc. | 0.59% | 85.4 | 66.2 | 9.8 | 2.77% | 0.16% |
| OKE | ONEOK, Inc. | 0.58% | 16.1 | 14.5 | 1.5 | 4.59% | 0.83% |
| BDX | Becton, Dickinson and Company | 0.55% | 44.6 | 13.7 | 2.3 | 2.19% | 0.28% |
| DVN | Devon Energy Corporation | 0.54% | 11.1 | 9.3 | 3.0 | 2.52% | 1.13% |
| LNG | Cheniere Energy, Inc. | 0.54% | 21.9 | 13.5 | 2.9 | 0.77% | 0.57% |
| NUE | Nucor Corporation | 0.54% | 20.4 | 11.4 | 1.6 | 0.87% | 0.60% |
| AME | AMETEK, Inc. | 0.52% | 36.3 | 28.2 | 7.2 | 0.55% | 0.33% |
| ETR | Entergy Corporation | 0.49% | 26.9 | 19.6 | 3.7 | 2.44% | 0.42% |
| URI | United Rentals, Inc. | 0.49% | 24.8 | 18.5 | 3.8 | 0.77% | 0.46% |
| BKR | Baker Hughes Company | 0.49% | 17.9 | 18.0 | 2.0 | 1.65% | 0.63% |
| O | Realty Income Corporation | 0.49% | 40.6 | 33.7 | 8.7 | 5.81% | 0.28% |
| EW | Edwards Lifesciences Corporation | 0.48% | 51.5 | 25.6 | 7.7 | — | 0.22% |
| VYLR | Vylor Inc. | 0.48% | 103.1 | — | 2.7 | — | 0.11% |
| HUM | Humana Inc. | 0.48% | 39.1 | 24.3 | 0.3 | 0.86% | 0.28% |
| LHX | L3Harris Technologies, Inc. | 0.48% | 25.1 | 17.9 | 2.0 | 2.01% | 0.44% |
| VEEV | Veeva Systems Inc. | 0.48% | 50.9 | 30.2 | 14.5 | — | 0.21% |
| XEL | Xcel Energy Inc. | 0.47% | 20.9 | 16.0 | 3.3 | 3.11% | 0.52% |
| A | Agilent Technologies, Inc. | 0.47% | 34.1 | 23.9 | 6.6 | 0.59% | 0.31% |
| PYPL | PayPal Holdings, Inc. | 0.46% | 10.7 | 9.1 | 1.4 | 0.99% | 0.98% |
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 IWS valuation
Adding up its 711 holdings with company data, IWS trades at 22.9 times trailing earnings and 14.0 times analysts' forward estimates, with a price-to-book ratio of 2.42 and a dividend yield of 1.81%. Its earnings yield of 4.38% is 0.95 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 6.6% of the fund and earn 8.3% of its combined profit. By sector, Healthcare is the most expensive at 51.3 times earnings and Financial Services the cheapest at 13.5. Companies that lost money over the past year are 7.4% 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 99.9% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: IWS chart, IWS performance, IWS holdings, IWS dividends.
IWS valuation FAQ
What is the P/E ratio of IWS?
Based on its holdings, IWS has a trailing P/E of 22.9 and a forward P/E of 14.0 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of IWS?
The trailing earnings yield is 4.38% (1 ÷ P/E) and the forward earnings yield 7.12%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is IWS more expensive than the S&P 500?
IWS trades at 22.9 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 14.0 and 19.9.
What is the price-to-book ratio of IWS?
The holdings of IWS trade at 2.42 times book value, with a combined return on equity of 10.6%.
Which sector in IWS has the highest P/E?
Healthcare has the highest P/E at 51.3 and Financial Services the lowest at 13.5.