John Hancock Disciplined Value Select ETF (JDVL) Valuation
JDVL valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 22.2 trailing earnings
- Forward P/E
- 15.5 analyst estimates
- Price / sales
- 1.79
- Price / book
- 4.21
- EV / EBITDA
- 14.1
- Earnings yield
- 4.50% inverse of P/E
- Dividend yield
- 1.24% of the holdings
- Return on equity
- 18.9% combined
- Net margin
- 8.1% combined
- Beta
- 1.06 weighted, vs S&P 500
JDVL valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| JDVL | 22.2 | 15.5 | 1.79 | 4.21 | 1.24% | 18.9% | 8.1% | 3.2% |
| 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.
JDVL valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 18.2% | 23.0 | 17.6 | 6.95 | 8.19 | 0.66% | 35.6% |
| Financial Services | 17.6% | 17.0 | 13.1 | 3.60 | 2.53 | 1.75% | 14.9% |
| Healthcare | 15.2% | 43.6 | 16.9 | 0.79 | 7.39 | 1.45% | 16.9% |
| Consumer Cyclical | 9.4% | 19.3 | 20.9 | 3.36 | 5.88 | 0.31% | 30.5% |
| Industrials | 8.9% | 14.4 | 15.7 | 1.29 | 3.67 | 1.29% | 25.5% |
| Energy | 7.9% | 23.5 | 8.1 | 1.51 | 2.31 | 1.70% | 9.8% |
| Consumer Defensive | 7.3% | 30.5 | 18.6 | 0.95 | 8.73 | 1.43% | 28.6% |
| Communication Services | 5.6% | 25.0 | 17.8 | 3.53 | 3.04 | 0.72% | 12.1% |
| Utilities | 2.2% | 24.6 | 14.7 | 1.71 | 1.95 | 4.03% | 7.9% |
JDVL 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 JDVL weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
JDVL largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AMZN | Amazon.com, Inc. | 7.55% | 20.1 | 23.6 | 3.5 | — | 9.10% |
| MSFT | Microsoft Corporation | 6.50% | 29.5 | 25.1 | 11.8 | 0.74% | 5.35% |
| JPM | JPMorgan Chase & Co. | 3.98% | 14.2 | 13.5 | 4.7 | 1.94% | 6.77% |
| USFD | US Foods Holding Corp. | 3.94% | 31.4 | 17.0 | 0.5 | — | 3.04% |
| META | Meta Platforms, Inc. | 3.37% | 26.7 | 22.1 | 7.9 | 0.30% | 3.05% |
| PM | Philip Morris International Inc. | 3.32% | 29.5 | 20.9 | 7.5 | 3.12% | 2.73% |
| V | Visa Inc. | 3.21% | 34.3 | 24.0 | 17.0 | 0.67% | 2.27% |
| NXPI | NXP Semiconductors N.V. | 3.02% | 19.6 | 12.9 | 4.4 | 1.77% | 3.73% |
| GILD | Gilead Sciences, Inc. | 2.91% | — | 15.6 | 6.4 | 2.10% | −1.20% |
| COR | Cencora | 2.75% | 25.3 | 15.7 | 0.2 | 0.70% | 2.64% |
| DGX | Quest Diagnostics Incorporated | 2.71% | 24.6 | 19.5 | 2.2 | 1.46% | 2.66% |
| IQV | IQVIA Holdings Inc. | 2.62% | 33.2 | 18.4 | 2.6 | — | 1.92% |
| K | Kinross Gold Corp | 2.60% | — | — | — | — | — |
| MS | Morgan Stanley | 2.56% | 14.3 | 14.9 | 3.6 | 2.55% | 4.33% |
| COF | Capital One Financial Corporation | 2.46% | 13.0 | 8.5 | 2.6 | 1.59% | 4.61% |
| CVE | Cenovus Energy Inc | 2.42% | — | — | — | — | — |
| ABBV | AbbVie Inc. | 2.39% | 80.6 | 16.4 | 7.8 | 2.42% | 0.72% |
| DIS | The Walt Disney Company | 2.25% | 22.8 | 13.8 | 1.9 | 1.36% | 2.39% |
| FE | FirstEnergy Corp. | 2.23% | 24.6 | 14.7 | 1.7 | 4.03% | 2.20% |
| UBER | Uber Technologies, Inc. | 2.20% | 15.4 | 15.9 | 2.6 | — | 3.45% |
| FANG | Diamondback Energy, Inc. | 2.19% | 38.8 | 10.0 | 3.5 | 2.16% | 1.36% |
| MPC | Marathon Petroleum Corporation | 2.09% | 16.6 | 5.5 | 0.9 | 0.84% | 3.07% |
| HUBB | Hubbell Incorporated | 2.08% | 27.3 | 20.7 | 3.9 | 1.23% | 1.85% |
| WFC | Wells Fargo & Company | 1.99% | 11.8 | 10.2 | 3.0 | 2.38% | 4.07% |
| HON | Honeywell International Inc. | 1.91% | 7.8 | 22.2 | 1.8 | 1.32% | 5.93% |
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 JDVL valuation
Adding up its 37 holdings with company data, JDVL trades at 22.2 times trailing earnings and 15.5 times analysts' forward estimates, with a price-to-book ratio of 4.21 and a dividend yield of 1.24%. Its earnings yield of 4.50% is 0.83 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 40.6% of the fund and earn 37.5% of its combined profit. By sector, Healthcare is the most expensive at 43.6 times earnings and Industrials the cheapest at 14.4. Companies that lost money over the past year are 3.2% 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 93.2% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: JDVL chart, JDVL performance, JDVL holdings, JDVL dividends.
JDVL valuation FAQ
What is the P/E ratio of JDVL?
Based on its holdings, JDVL has a trailing P/E of 22.2 and a forward P/E of 15.5 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of JDVL?
The trailing earnings yield is 4.50% (1 ÷ P/E) and the forward earnings yield 6.47%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is JDVL more expensive than the S&P 500?
JDVL trades at 22.2 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 15.5 and 19.9.
What is the price-to-book ratio of JDVL?
The holdings of JDVL trade at 4.21 times book value, with a combined return on equity of 18.9%.
Which sector in JDVL has the highest P/E?
Healthcare has the highest P/E at 43.6 and Industrials the lowest at 14.4.