iShares Global Utilities ETF (JXI) Valuation
JXI valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 19.1 trailing earnings
- Forward P/E
- 15.5 analyst estimates
- Price / sales
- 2.75
- Price / book
- 2.07
- EV / EBITDA
- 12.1
- Earnings yield
- 5.23% inverse of P/E
- Dividend yield
- 3.03% of the holdings
- Return on equity
- 10.8% combined
- Net margin
- 14.4% combined
- Beta
- 0.55 weighted, vs S&P 500
JXI valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| JXI | 19.1 | 15.5 | 2.75 | 2.07 | 3.03% | 10.8% | 14.4% | 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.
JXI valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Utilities | 96.6% | 19.1 | 15.5 | 2.75 | 2.07 | 3.03% | 10.8% |
JXI 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 JXI weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
JXI largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NEE | NextEra Energy, Inc. | 7.46% | 17.9 | 17.7 | 5.8 | 3.12% | 13.11% |
| IBE | Iberdrola S.A. | 6.61% | — | — | — | — | — |
| SO | The Southern Company | 5.00% | 22.0 | 17.0 | 3.5 | 3.33% | 7.18% |
| DUK | Duke Energy Corporation | 4.39% | 18.3 | 15.9 | 2.9 | 3.57% | 7.55% |
| NG | National Grid PLC | 3.79% | — | — | — | — | — |
| CEG | Constellation Energy Corporation | 3.75% | 26.5 | 20.7 | 3.1 | 0.63% | 4.45% |
| ENEL | Enel SpA | 3.63% | — | — | — | — | — |
| AEP | American Electric Power Company, Inc. | 3.27% | 22.0 | 17.2 | 3.0 | 2.99% | 4.68% |
| SRE | Sempra | 2.55% | 24.1 | 14.5 | 4.0 | 3.15% | 3.33% |
| D | Dominion Energy, Inc. | 2.55% | 22.0 | 15.9 | 3.1 | 4.20% | 3.65% |
| ETR | Entergy Corporation | 2.34% | 26.9 | 19.6 | 3.7 | 2.44% | 2.74% |
| XEL | Xcel Energy Inc. | 2.21% | 20.9 | 16.0 | 3.3 | 3.11% | 3.33% |
| ENGI | Engie S.A. | 2.16% | — | — | — | — | — |
| EOAN | E.ON SE | 2.13% | — | — | — | — | — |
| EXC | Exelon Corporation | 2.03% | 16.0 | 13.7 | 1.8 | 3.86% | 4.01% |
| VST | Vistra Corp. | 1.98% | 25.6 | 13.3 | 2.7 | 0.61% | 2.43% |
| RWE | RWE AG | 1.95% | — | — | — | — | — |
| ED | Consolidated Edison, Inc. | 1.88% | 18.2 | 16.1 | 2.3 | 3.16% | 3.26% |
| SSE | SSE PLC | 1.84% | — | — | — | — | — |
| WEC | WEC Energy Group, Inc. | 1.72% | 21.1 | 16.9 | 3.5 | 3.50% | 2.57% |
| PEG | Public Service Enterprise Group Incorporated | 1.57% | 17.8 | 15.0 | 2.8 | 3.75% | 2.78% |
| AEE | Ameren Corporation | 1.40% | 18.7 | 17.5 | 3.5 | 2.83% | 2.36% |
| ATO | Atmos Energy Corporation | 1.35% | 19.9 | 17.6 | 5.7 | 2.39% | 2.14% |
| PCG | PG&E Corporation | 1.35% | 9.5 | 6.9 | 1.5 | 1.53% | 4.49% |
| DTE | DTE Energy Company | 1.32% | 20.6 | 15.6 | 1.6 | 3.59% | 2.02% |
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 JXI valuation
Adding up its 31 holdings with company data, JXI trades at 19.1 times trailing earnings and 15.5 times analysts' forward estimates, with a price-to-book ratio of 2.07 and a dividend yield of 3.03%. Its earnings yield of 5.23% is 0.09 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 43.0% of the fund and earn 54.0% of its combined profit. 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 61.5% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: JXI chart, JXI performance, JXI holdings, JXI dividends.
JXI valuation FAQ
What is the P/E ratio of JXI?
Based on its holdings, JXI has a trailing P/E of 19.1 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 JXI?
The trailing earnings yield is 5.23% (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 JXI more expensive than the S&P 500?
JXI trades at 19.1 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 JXI?
The holdings of JXI trade at 2.07 times book value, with a combined return on equity of 10.8%.