Roundhill HALO ETF (LOHA) Valuation
LOHA valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 20.9 trailing earnings
- Forward P/E
- 16.6 analyst estimates
- Price / sales
- 1.91
- Price / book
- 4.46
- EV / EBITDA
- 11.9
- Earnings yield
- 4.78% inverse of P/E
- Dividend yield
- 1.79% of the holdings
- Return on equity
- 21.4% combined
- Net margin
- 9.1% combined
- Beta
- 0.90 weighted, vs S&P 500
LOHA valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| LOHA | 20.9 | 16.6 | 1.91 | 4.46 | 1.79% | 21.4% | 9.1% | 2.7% |
| 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.
LOHA valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Industrials | 33.6% | 25.1 | 18.0 | 2.10 | 4.97 | 1.51% | 19.8% |
| Consumer Cyclical | 19.2% | 19.1 | 15.0 | 1.59 | 6.03 | 1.81% | 31.6% |
| Consumer Defensive | 14.9% | 21.9 | 15.3 | 1.30 | 4.83 | 2.61% | 22.0% |
| Energy | 12.3% | 14.2 | 15.9 | 2.64 | 2.10 | 1.58% | 14.8% |
| Basic Materials | 12.1% | 19.3 | 16.0 | 2.64 | 3.99 | 1.14% | 20.6% |
| Real Estate | 3.1% | 21.7 | 29.0 | 8.99 | 13.46 | 4.25% | 61.9% |
| Healthcare | 1.9% | 20.9 | 15.3 | 1.93 | 7.11 | 1.52% | 33.9% |
| Technology | 1.4% | 41.8 | 21.1 | 2.10 | 3.41 | 0.82% | 8.1% |
LOHA 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 LOHA weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
LOHA largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| LW | Lamb Weston Holdings, Inc. | 1.23% | 29.3 | 14.7 | 1.1 | 2.84% | 0.94% |
| CCL | Carnival Corporation & plc | 1.20% | 11.4 | 8.4 | 1.3 | 1.74% | 2.36% |
| STZ | Constellation Brands, Inc. | 1.17% | 11.8 | 10.0 | 2.4 | 3.14% | 2.24% |
| CASY | Casey's General Stores, Inc. | 1.12% | 33.2 | 29.1 | 1.4 | 0.38% | 0.76% |
| COP | ConocoPhillips | 1.12% | 19.4 | 12.7 | 2.7 | 2.29% | 1.30% |
| BF.B | Brown-Forman Corporation | 1.12% | 18.6 | 15.6 | 3.4 | 3.20% | 1.36% |
| KR | The Kroger Co. | 1.12% | 35.4 | 11.3 | 0.3 | 2.45% | 0.71% |
| RSG | Republic Services, Inc. | 1.12% | 32.8 | 26.3 | 4.2 | 1.16% | 0.77% |
| VAL | Valaris Limited | 1.12% | 6.4 | 29.1 | 2.8 | — | 3.91% |
| CNQ | Canadian Natural Resources Ltd | 1.11% | — | — | — | — | — |
| WM | Waste Management, Inc. | 1.11% | 32.1 | 22.5 | 3.5 | 1.67% | 0.78% |
| RCL | Royal Caribbean Cruises Ltd. | 1.11% | 17.1 | 11.4 | 4.0 | 2.16% | 1.46% |
| DG | Dollar General Corporation | 1.11% | 17.4 | 15.3 | 0.7 | 1.76% | 1.43% |
| YUM | Yum! Brands, Inc. | 1.11% | 19.0 | 20.4 | 4.7 | 1.99% | 1.32% |
| XOM | Exxon Mobil Corporation | 1.10% | 23.0 | 14.8 | 2.0 | 2.30% | 1.08% |
| R | Ryder System, Inc. | 1.10% | 19.4 | 23.1 | 0.7 | 1.69% | 1.28% |
| LAMR | Lamar Advertising Company | 1.09% | 27.4 | 29.5 | 6.6 | 4.40% | 0.90% |
| GWW | W.W. Grainger, Inc. | 1.09% | 33.9 | 24.8 | 3.3 | 0.75% | 0.73% |
| CSX | CSX Corporation | 1.07% | 28.3 | 21.2 | 6.2 | 1.15% | 0.85% |
| OTIS | Otis Worldwide Corporation | 1.07% | 18.3 | 15.1 | 1.8 | 2.47% | 1.31% |
| VMC | Vulcan Materials Company | 1.06% | 30.4 | 22.4 | 4.1 | 0.81% | 0.79% |
| ODFL | Old Dominion Freight Line, Inc. | 1.06% | 36.1 | 27.3 | 6.9 | 0.62% | 0.66% |
| CL | Colgate-Palmolive Company | 1.06% | 37.1 | 21.0 | 3.6 | 2.25% | 0.65% |
| TTC | The Toro Company | 1.06% | 26.9 | 17.0 | 2.0 | 1.55% | 0.88% |
| PEP | PepsiCo, Inc. | 1.06% | 16.5 | 14.9 | 1.8 | 4.50% | 1.44% |
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 LOHA valuation
Adding up its 93 holdings with company data, LOHA trades at 20.9 times trailing earnings and 16.6 times analysts' forward estimates, with a price-to-book ratio of 4.46 and a dividend yield of 1.79%. Its earnings yield of 4.78% is 0.54 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 11.4% of the fund and earn 15.1% of its combined profit. By sector, Technology is the most expensive at 41.8 times earnings and Energy the cheapest at 14.2. Companies that lost money over the past year are 2.7% 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 92.9% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: LOHA chart, LOHA holdings.
LOHA valuation FAQ
What is the P/E ratio of LOHA?
Based on its holdings, LOHA has a trailing P/E of 20.9 and a forward P/E of 16.6 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of LOHA?
The trailing earnings yield is 4.78% (1 ÷ P/E) and the forward earnings yield 6.03%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is LOHA more expensive than the S&P 500?
LOHA trades at 20.9 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 16.6 and 19.9.
What is the price-to-book ratio of LOHA?
The holdings of LOHA trade at 4.46 times book value, with a combined return on equity of 21.4%.
Which sector in LOHA has the highest P/E?
Technology has the highest P/E at 41.8 and Energy the lowest at 14.2.