JPMorgan Active Value ETF (JAVA) Valuation
JAVA valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 22.2 trailing earnings
- Forward P/E
- 16.3 analyst estimates
- Price / sales
- 2.06
- Price / book
- 3.35
- EV / EBITDA
- 13.5
- Earnings yield
- 4.50% inverse of P/E
- Dividend yield
- 1.51% of the holdings
- Return on equity
- 15.1% combined
- Net margin
- 9.3% combined
- Beta
- 0.89 weighted, vs S&P 500
JAVA valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| JAVA | 22.2 | 16.3 | 2.06 | 3.35 | 1.51% | 15.1% | 9.3% | 2.0% |
| 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.
JAVA valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 18.4% | 28.3 | 21.6 | 3.88 | 7.14 | 0.79% | 25.3% |
| Financial Services | 16.8% | 13.6 | 12.2 | 3.05 | 1.80 | 1.80% | 13.2% |
| Healthcare | 15.6% | 26.8 | 15.0 | 1.00 | 4.04 | 1.67% | 15.1% |
| Consumer Cyclical | 12.8% | 19.7 | 19.1 | 2.61 | 6.21 | 0.74% | 31.6% |
| Industrials | 10.3% | 27.2 | 18.0 | 2.38 | 4.00 | 1.28% | 14.7% |
| Energy | 6.2% | 18.2 | 13.1 | 2.38 | 2.33 | 2.36% | 12.8% |
| Communication Services | 4.1% | 17.2 | 14.9 | 2.44 | 2.56 | 1.50% | 14.9% |
| Utilities | 4.1% | 21.1 | 16.9 | 3.98 | 2.25 | 3.05% | 10.6% |
| Consumer Defensive | 4.0% | 28.6 | 21.1 | 0.99 | 6.27 | 1.91% | 22.0% |
| Real Estate | 2.9% | 60.1 | 32.4 | 5.50 | 2.35 | 3.12% | 3.9% |
| Basic Materials | 2.7% | n/m | 14.1 | 1.16 | 2.77 | 1.95% | −7.0% |
JAVA 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 JAVA weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
JAVA largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AMZN | Amazon.com, Inc. | 7.11% | 20.1 | 23.6 | 3.5 | — | 8.08% |
| MSFT | Microsoft Corporation | 6.24% | 29.5 | 25.1 | 11.8 | 0.74% | 4.84% |
| AAPL | Apple Inc. | 3.87% | 39.4 | 35.2 | 10.7 | 0.31% | 2.24% |
| WFC | Wells Fargo & Company | 2.19% | 11.8 | 10.2 | 3.0 | 2.38% | 4.24% |
| COP | ConocoPhillips | 2.04% | 19.4 | 12.7 | 2.7 | 2.29% | 2.41% |
| BAC | Bank of America Corporation | 1.95% | 12.2 | 10.8 | 3.1 | 2.50% | 3.65% |
| BRK.B | Berkshire Hathaway Inc. | 1.91% | 13.4 | 22.7 | 3.0 | — | 3.26% |
| ABBV | AbbVie Inc. | 1.79% | 80.6 | 16.4 | 7.8 | 2.42% | 0.51% |
| UNH | UnitedHealth Group Incorporated | 1.62% | 25.8 | 16.6 | 0.8 | 2.31% | 1.43% |
| SCHW | The Charles Schwab Corporation | 1.57% | 15.7 | 12.9 | 5.9 | 1.39% | 2.28% |
| META | Meta Platforms, Inc. | 1.46% | 26.7 | 22.1 | 7.9 | 0.30% | 1.25% |
| JNJ | Johnson & Johnson | 1.43% | 38.8 | 21.0 | 6.2 | 2.10% | 0.84% |
| COF | Capital One Financial Corporation | 1.28% | 13.0 | 8.5 | 2.6 | 1.59% | 2.25% |
| CVX | Chevron Corporation | 1.28% | 21.2 | 15.2 | 2.1 | 3.16% | 1.37% |
| NEE | NextEra Energy, Inc. | 1.24% | 17.9 | 17.7 | 5.8 | 3.12% | 1.58% |
| DIS | The Walt Disney Company | 1.21% | 22.8 | 13.8 | 1.9 | 1.36% | 1.21% |
| C | Citigroup Inc. | 1.17% | 12.1 | 10.2 | 2.5 | 2.16% | 2.21% |
| RTX | RTX Corporation | 1.16% | 34.1 | 24.6 | 2.8 | 1.51% | 0.78% |
| DOV | Dover Corporation | 1.15% | 23.7 | 16.9 | 3.1 | 1.07% | 1.11% |
| AZO | AutoZone, Inc. | 1.09% | 20.5 | 16.5 | 2.5 | — | 1.22% |
| PM | Philip Morris International Inc. | 1.06% | 29.5 | 20.9 | 7.5 | 3.12% | 0.82% |
| NXPI | NXP Semiconductors N.V. | 0.96% | 19.6 | 12.9 | 4.4 | 1.77% | 1.12% |
| XOM | Exxon Mobil Corporation | 0.93% | 23.0 | 14.8 | 2.0 | 2.30% | 0.93% |
| MS | Morgan Stanley | 0.93% | 14.3 | 14.9 | 3.6 | 2.55% | 1.49% |
| DHR | Danaher Corporation | 0.90% | 40.8 | 23.8 | 6.4 | 0.70% | 0.50% |
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 JAVA valuation
Adding up its 150 holdings with company data, JAVA trades at 22.2 times trailing earnings and 16.3 times analysts' forward estimates, with a price-to-book ratio of 3.35 and a dividend yield of 1.51%. Its earnings yield of 4.50% is 0.82 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 30.3% of the fund and earn 32.9% of its combined profit. By sector, Real Estate is the most expensive at 60.1 times earnings and Financial Services the cheapest at 13.6. Companies that lost money over the past year are 2.0% 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 98.9% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: JAVA chart, JAVA performance, JAVA holdings, JAVA dividends.
JAVA valuation FAQ
What is the P/E ratio of JAVA?
Based on its holdings, JAVA has a trailing P/E of 22.2 and a forward P/E of 16.3 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of JAVA?
The trailing earnings yield is 4.50% (1 ÷ P/E) and the forward earnings yield 6.13%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is JAVA more expensive than the S&P 500?
JAVA trades at 22.2 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 16.3 and 19.9.
What is the price-to-book ratio of JAVA?
The holdings of JAVA trade at 3.35 times book value, with a combined return on equity of 15.1%.
Which sector in JAVA has the highest P/E?
Real Estate has the highest P/E at 60.1 and Financial Services the lowest at 13.6.