John Hancock Multifactor Small Cap ETF (JHSC) Valuation
JHSC valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 26.7 trailing earnings
- Forward P/E
- 13.8 analyst estimates
- Price / sales
- 1.25
- Price / book
- 2.11
- EV / EBITDA
- 11.3
- Earnings yield
- 3.75% inverse of P/E
- Dividend yield
- 1.64% of the holdings
- Return on equity
- 7.9% combined
- Net margin
- 4.7% combined
- Beta
- 1.03 weighted, vs S&P 500
JHSC valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| JHSC | 26.7 | 13.8 | 1.25 | 2.11 | 1.64% | 7.9% | 4.7% | 13.5% |
| 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.
JHSC valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 17.9% | 13.7 | 10.3 | 1.22 | 1.42 | 2.50% | 10.4% |
| Industrials | 16.9% | 35.4 | 16.2 | 1.29 | 2.91 | 0.99% | 8.2% |
| Technology | 13.4% | 40.7 | 15.5 | 1.92 | 3.67 | 0.38% | 9.0% |
| Consumer Cyclical | 13.3% | 17.3 | 11.4 | 0.70 | 2.34 | 1.34% | 13.5% |
| Healthcare | 8.3% | 148.2 | 18.8 | 2.90 | 4.29 | 0.14% | 2.9% |
| Energy | 7.4% | 18.4 | 11.3 | 1.09 | 1.35 | 2.27% | 7.3% |
| Real Estate | 6.7% | 40.6 | 28.9 | 4.65 | 1.66 | 4.50% | 4.1% |
| Basic Materials | 5.2% | 87.8 | 13.6 | 1.14 | 2.29 | 1.29% | 2.6% |
| Consumer Defensive | 4.3% | 126.2 | 13.4 | 0.69 | 2.09 | 1.76% | 1.7% |
| Utilities | 3.8% | 20.6 | 15.3 | 2.31 | 1.65 | 3.41% | 8.0% |
| Communication Services | 2.3% | n/m | 17.4 | 1.21 | 1.68 | 1.41% | −3.3% |
JHSC 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 JHSC weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
JHSC largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| R | Ryder System, Inc. | 0.55% | 19.4 | 23.1 | 0.7 | 1.69% | 0.78% |
| SM | SM Energy Company | 0.50% | 7.0 | 4.4 | 1.9 | 2.23% | 1.97% |
| ETSY | Etsy, Inc. | 0.45% | 24.9 | 14.9 | 2.7 | — | 0.50% |
| JXN | Jackson Financial Inc. | 0.45% | 143.5 | — | 1.4 | 2.76% | 0.09% |
| UGI | UGI Corporation | 0.44% | 12.8 | 7.7 | 1.1 | 3.90% | 0.95% |
| RHP | Ryman Hospitality Properties, Inc. | 0.44% | 30.7 | 25.8 | 3.2 | 3.81% | 0.40% |
| THG | The Hanover Insurance Group, Inc. | 0.44% | 11.2 | 11.1 | 1.2 | 1.63% | 1.07% |
| VOYA | Voya Financial, Inc. | 0.43% | 15.8 | 8.7 | 1.0 | 2.00% | 0.75% |
| ZWS | Zurn Elkay Water Solutions Corporation | 0.43% | 29.2 | 22.9 | 4.4 | 0.94% | 0.40% |
| NOV | NOV Inc. | 0.42% | 70.1 | 15.6 | 0.8 | 1.90% | 0.16% |
| ESI | Element Solutions Inc | 0.42% | 47.4 | 17.0 | 2.7 | 0.91% | 0.24% |
| IDA | IDACORP, Inc. | 0.41% | 22.9 | 18.7 | 4.4 | 2.60% | 0.49% |
| TKR | The Timken Company | 0.41% | 30.5 | 15.4 | 1.6 | 1.28% | 0.37% |
| ANF | Abercrombie & Fitch Co. | 0.41% | 13.2 | 10.0 | 1.2 | — | 0.85% |
| MSGS | Madison Square Garden Sports Corp. | 0.41% | — | 72.5 | 8.3 | — | 0.01% |
| S | SentinelOne, Inc. | 0.41% | — | 75.2 | 6.8 | — | −0.51% |
| SAIC | Science Applications International Corporation | 0.41% | 15.5 | 10.6 | 0.8 | 1.11% | 0.72% |
| AVT | Avnet, Inc. | 0.40% | 23.3 | 7.1 | 0.3 | 1.64% | 0.47% |
| NEU | NewMarket Corporation | 0.40% | 18.9 | 22.5 | 2.9 | 1.37% | 0.58% |
| AWI | Armstrong World Industries, Inc. | 0.40% | 23.0 | 17.1 | 4.2 | 0.81% | 0.47% |
| MTCH | Match Group, Inc. | 0.39% | 15.2 | 9.7 | 2.8 | 1.86% | 0.71% |
| UBSI | United Bankshares, Inc. | 0.39% | 12.7 | 13.6 | 5.1 | 3.26% | 0.84% |
| AXS | AXIS Capital Holdings Limited | 0.39% | 7.1 | 7.3 | 1.1 | 1.77% | 1.51% |
| MTDR | Matador Resources Company | 0.38% | 9.9 | 5.5 | 1.9 | 2.61% | 1.07% |
| CVLT | Commvault Systems, Inc. | 0.38% | 95.0 | 28.0 | 5.1 | — | 0.11% |
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 JHSC valuation
Adding up its 472 holdings with company data, JHSC trades at 26.7 times trailing earnings and 13.8 times analysts' forward estimates, with a price-to-book ratio of 2.11 and a dividend yield of 1.64%. Its earnings yield of 3.75% is 1.58 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 4.5% of the fund and earn 7.1% of its combined profit. By sector, Healthcare is the most expensive at 148.2 times earnings and Financial Services the cheapest at 13.7. Companies that lost money over the past year are 13.5% 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 97.1% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: JHSC chart, JHSC performance, JHSC holdings, JHSC dividends.
JHSC valuation FAQ
What is the P/E ratio of JHSC?
Based on its holdings, JHSC has a trailing P/E of 26.7 and a forward P/E of 13.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of JHSC?
The trailing earnings yield is 3.75% (1 ÷ P/E) and the forward earnings yield 7.27%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is JHSC more expensive than the S&P 500?
JHSC trades at 26.7 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 13.8 and 19.9.
What is the price-to-book ratio of JHSC?
The holdings of JHSC trade at 2.11 times book value, with a combined return on equity of 7.9%.
Which sector in JHSC has the highest P/E?
Healthcare has the highest P/E at 148.2 and Financial Services the lowest at 13.7.