Innovator Loup Frontier Tech (LOUP) Valuation
LOUP valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 97.0 trailing earnings
- Forward P/E
- 29.8 analyst estimates
- Price / sales
- 2.30
- Price / book
- 7.02
- EV / EBITDA
- 31.2
- Earnings yield
- 1.03% inverse of P/E
- Dividend yield
- 0.10% of the holdings
- Return on equity
- 7.2% combined
- Net margin
- 2.4% combined
- Beta
- 1.76 weighted, vs S&P 500
LOUP valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| LOUP | 97.0 | 29.8 | 2.30 | 7.02 | 0.10% | 7.2% | 2.4% | 29.6% |
| 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.
LOUP valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 58.8% | 166.8 | 33.2 | 10.53 | 8.50 | 0.10% | 5.1% |
| Industrials | 15.0% | 176.2 | 34.5 | 4.98 | 5.08 | 0.03% | 2.9% |
| Financial Services | 7.5% | 74.5 | 28.5 | 0.29 | 3.57 | 0.00% | 4.8% |
| Consumer Cyclical | 6.9% | 44.1 | 37.3 | 5.88 | 7.66 | 0.00% | 17.4% |
| Utilities | 4.9% | 25.6 | 13.3 | 2.66 | 15.41 | 0.61% | 60.1% |
| Communication Services | 3.6% | 36.3 | 23.2 | 10.81 | 8.90 | 0.00% | 24.5% |
LOUP 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 LOUP weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
LOUP largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| VST | Vistra Corp. | 4.86% | 25.6 | 13.3 | 2.7 | 0.61% | 22.77% |
| NOW | ServiceNow, Inc. | 4.11% | 88.7 | 27.8 | 10.0 | — | 5.56% |
| GLXY | Galaxy Digital Holdings Ltd | 4.07% | — | 125.0 | 0.2 | — | −8.48% |
| CRDO | Credo Technology Group Holding Ltd | 3.85% | 60.2 | 30.9 | 20.0 | — | 7.68% |
| GTLB | GitLab Inc. | 3.77% | — | 55.2 | 8.3 | — | −2.73% |
| LRCX | Lam Research Corporation | 3.70% | 45.8 | 33.7 | 14.2 | 0.50% | 9.70% |
| SHOP | Shopify Inc. | 3.67% | 114.5 | 58.8 | 16.6 | — | 3.85% |
| AXON | Axon Enterprise, Inc. | 3.60% | 161.9 | 58.1 | 9.8 | — | 2.67% |
| RDDT | Reddit, Inc. | 3.59% | 36.3 | 23.2 | 10.8 | — | 11.88% |
| GLBE | Global-e Online Ltd. | 3.51% | 44.1 | 37.3 | 5.9 | — | 9.55% |
| RBRK | Rubrik, Inc. | 3.48% | — | 625.0 | 15.0 | — | −3.69% |
| NU | Nu Holdings Ltd. | 3.41% | 19.9 | 14.8 | 8.3 | — | 20.54% |
| DDOG | Datadog, Inc. | 3.39% | 494.2 | 84.7 | 22.4 | — | 0.83% |
| BB | BlackBerry Ltd | 3.38% | — | — | — | — | — |
| CBRS | Cerebras Systems Inc. | 3.36% | — | 217.4 | 44.4 | — | −7.71% |
| CCO | Cameco Corp | 3.35% | — | — | — | — | — |
| SHA0 | Schaeffler AG | 3.35% | — | — | — | — | — |
| SNOW | Snowflake Inc. | 3.25% | — | 169.5 | 19.9 | — | −4.05% |
| TWLO | Twilio Inc | 3.18% | 33.8 | 43.7 | 6.7 | — | 11.29% |
| ENR | Siemens Energy AG | 3.07% | — | — | — | — | — |
| BESI | BE Semiconductor Industries NV | 3.05% | — | — | — | — | — |
| U | Unity Software Inc. | 3.03% | — | 28.7 | 8.8 | — | −12.26% |
| AVAV | AeroVironment, Inc. | 2.94% | — | 55.2 | 3.1 | — | −11.73% |
| SNPS | Synopsys, Inc. | 2.90% | 80.3 | 23.3 | 9.3 | — | 4.33% |
| VRT | Vertiv Holdings Co | 2.86% | 46.7 | 27.8 | 6.9 | 0.12% | 7.36% |
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 LOUP valuation
Adding up its 24 holdings with company data, LOUP trades at 97.0 times trailing earnings and 29.8 times analysts' forward estimates, with a price-to-book ratio of 7.02 and a dividend yield of 0.10%. Its earnings yield of 1.03% is 4.30 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 38.7% of the fund and earn 62.5% of its combined profit. By sector, Industrials is the most expensive at 176.2 times earnings and Utilities the cheapest at 25.6. Companies that lost money over the past year are 29.6% 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 80.9% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: LOUP chart, LOUP performance, LOUP holdings.
LOUP valuation FAQ
What is the P/E ratio of LOUP?
Based on its holdings, LOUP has a trailing P/E of 97.0 and a forward P/E of 29.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of LOUP?
The trailing earnings yield is 1.03% (1 ÷ P/E) and the forward earnings yield 3.36%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is LOUP more expensive than the S&P 500?
LOUP trades at 97.0 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 29.8 and 19.9.
What is the price-to-book ratio of LOUP?
The holdings of LOUP trade at 7.02 times book value, with a combined return on equity of 7.2%.
Which sector in LOUP has the highest P/E?
Industrials has the highest P/E at 176.2 and Utilities the lowest at 25.6.