JPMorgan Global Select Equity ETF (JGLO) Valuation
JGLO valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 25.3 trailing earnings
- Forward P/E
- 20.9 analyst estimates
- Price / sales
- 4.25
- Price / book
- 6.14
- EV / EBITDA
- 16.9
- Earnings yield
- 3.96% inverse of P/E
- Dividend yield
- 1.06% of the holdings
- Return on equity
- 24.3% combined
- Net margin
- 16.8% combined
- Beta
- 1.13 weighted, vs S&P 500
JGLO valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| JGLO | 25.3 | 20.9 | 4.25 | 6.14 | 1.06% | 24.3% | 16.8% | 0.0% |
| 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.
JGLO valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 31.3% | 32.0 | 26.7 | 5.59 | 15.21 | 0.53% | 47.5% |
| Financial Services | 17.2% | 19.0 | 15.8 | 5.44 | 3.63 | 1.53% | 19.2% |
| Consumer Cyclical | 14.1% | 22.6 | 22.5 | 3.06 | 7.38 | 0.59% | 32.7% |
| Communication Services | 9.4% | 20.3 | 20.3 | 5.63 | 4.82 | 0.41% | 23.7% |
| Healthcare | 8.5% | 34.7 | 17.6 | 2.65 | 6.20 | 1.96% | 17.9% |
| Industrials | 6.6% | 30.9 | 20.8 | 4.00 | 9.36 | 1.22% | 30.3% |
| Energy | 4.3% | 18.6 | 15.0 | 2.30 | 2.60 | 1.96% | 14.0% |
| Utilities | 2.6% | 17.9 | 17.7 | 5.80 | 2.81 | 3.12% | 15.7% |
| Basic Materials | 2.1% | 20.4 | 18.5 | 4.21 | 6.53 | 2.07% | 32.1% |
| Real Estate | 1.3% | 159.0 | 128.2 | 6.86 | 3.03 | 2.42% | 1.9% |
JGLO 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 JGLO weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
JGLO largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 7.17% | 27.1 | 24.9 | 17.1 | 0.47% | 8.78% |
| MSFT | Microsoft Corporation | 6.03% | 29.5 | 25.1 | 11.8 | 0.74% | 6.79% |
| AMZN | Amazon.com, Inc. | 5.32% | 20.1 | 23.6 | 3.5 | — | 8.77% |
| GOOGL | Alphabet Inc. | 4.12% | 17.1 | 22.8 | 9.3 | 0.26% | 7.99% |
| AAPL | Apple Inc. | 4.10% | 39.4 | 35.2 | 10.7 | 0.31% | 3.45% |
| MA | Mastercard Incorporated | 3.38% | 34.0 | 24.2 | 15.4 | 0.56% | 3.30% |
| NEE | NextEra Energy, Inc. | 2.62% | 17.9 | 17.7 | 5.8 | 3.12% | 4.84% |
| ASML | ASML Holding N.V. | 2.61% | — | — | — | — | — |
| SAF | Safran SA | 2.43% | — | — | — | — | — |
| META | Meta Platforms, Inc. | 2.39% | 26.7 | 22.1 | 7.9 | 0.30% | 2.97% |
| JNJ | Johnson & Johnson | 2.34% | 38.8 | 21.0 | 6.2 | 2.10% | 2.00% |
| CME | CME Group Inc. | 2.07% | 24.9 | 21.9 | 15.6 | 1.77% | 2.75% |
| ABBV | AbbVie Inc. | 1.88% | 80.6 | 16.4 | 7.8 | 2.42% | 0.77% |
| SHEL | Shell plc | 1.63% | — | — | — | — | — |
| UNH | UnitedHealth Group Incorporated | 1.58% | 25.8 | 16.6 | 0.8 | 2.31% | 2.03% |
| MMM | 3M Company | 1.54% | 29.3 | 17.8 | 3.4 | 1.89% | 1.74% |
| AVGO | Broadcom Inc. | 1.44% | 43.3 | 19.4 | 17.6 | 0.79% | 1.10% |
| BKR | Baker Hughes Company | 1.36% | 17.9 | 18.0 | 2.0 | 1.65% | 2.52% |
| VTR | Ventas, Inc. | 1.34% | 159.0 | 128.2 | 6.9 | 2.42% | 0.28% |
| AON | Aon plc | 1.30% | 16.1 | 13.5 | 3.5 | 1.12% | 2.68% |
| COP | ConocoPhillips | 1.29% | 19.4 | 12.7 | 2.7 | 2.29% | 2.21% |
| DIS | The Walt Disney Company | 1.25% | 22.8 | 13.8 | 1.9 | 1.36% | 1.81% |
| 8306 | Mitsubishi UFJ Financial Group Inc | 1.25% | — | — | — | — | — |
| PLTR | Palantir Technologies Inc. | 1.20% | 160.4 | 85.5 | 72.6 | — | 0.25% |
| YUM | Yum! Brands, Inc. | 1.17% | 19.0 | 20.4 | 4.7 | 1.99% | 2.04% |
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 JGLO valuation
Adding up its 55 holdings with company data, JGLO trades at 25.3 times trailing earnings and 20.9 times analysts' forward estimates, with a price-to-book ratio of 6.14 and a dividend yield of 1.06%. Its earnings yield of 3.96% is 1.37 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 40.2% of the fund and earn 51.6% of its combined profit. By sector, Real Estate is the most expensive at 159.0 times earnings and Utilities the cheapest at 17.9. Companies that lost money over the past year are 0.0% 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 77.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: JGLO chart, JGLO performance, JGLO holdings, JGLO dividends.
JGLO valuation FAQ
What is the P/E ratio of JGLO?
Based on its holdings, JGLO has a trailing P/E of 25.3 and a forward P/E of 20.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of JGLO?
The trailing earnings yield is 3.96% (1 ÷ P/E) and the forward earnings yield 4.78%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is JGLO more expensive than the S&P 500?
JGLO trades at 25.3 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 20.9 and 19.9.
What is the price-to-book ratio of JGLO?
The holdings of JGLO trade at 6.14 times book value, with a combined return on equity of 24.3%.
Which sector in JGLO has the highest P/E?
Real Estate has the highest P/E at 159.0 and Utilities the lowest at 17.9.