Vanguard Mega Cap Growth ETF (MGK) Valuation
MGK valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 33.3 trailing earnings
- Forward P/E
- 27.4 analyst estimates
- Price / sales
- 10.10
- Price / book
- 12.43
- EV / EBITDA
- 22.5
- Earnings yield
- 3.01% inverse of P/E
- Dividend yield
- 0.38% of the holdings
- Return on equity
- 37.4% combined
- Net margin
- 30.4% combined
- Beta
- 1.43 weighted, vs S&P 500
MGK valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| MGK | 33.3 | 27.4 | 10.10 | 12.43 | 0.38% | 37.4% | 30.4% | 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.
MGK valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 62.2% | 38.8 | 28.4 | 13.17 | 16.32 | 0.42% | 42.0% |
| Communication Services | 15.5% | 19.8 | 21.7 | 8.56 | 7.25 | 0.25% | 36.6% |
| Consumer Cyclical | 9.6% | 31.1 | 30.8 | 4.88 | 8.24 | 0.14% | 26.5% |
| Healthcare | 4.2% | 40.5 | 25.4 | 13.29 | 15.55 | 0.39% | 38.4% |
| Financial Services | 4.1% | 33.5 | 24.4 | 15.59 | 23.65 | 0.63% | 70.5% |
| Industrials | 2.4% | 47.7 | 49.6 | 4.04 | 19.54 | 0.22% | 41.0% |
| Real Estate | 1.2% | 82.5 | 64.6 | 11.56 | 4.54 | 1.72% | 5.5% |
| Basic Materials | 0.4% | 38.8 | 29.7 | 4.81 | 7.71 | 1.01% | 19.9% |
| Consumer Defensive | 0.4% | 42.3 | 33.7 | 9.72 | 9.19 | 0.00% | 21.7% |
MGK 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 MGK weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
MGK largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 13.91% | 27.1 | 24.9 | 17.1 | 0.47% | 17.08% |
| AAPL | Apple Inc. | 12.76% | 39.4 | 35.2 | 10.7 | 0.31% | 10.77% |
| MSFT | Microsoft Corporation | 9.41% | 29.5 | 25.1 | 11.8 | 0.74% | 10.61% |
| META | Meta Platforms, Inc. | 5.07% | 26.7 | 22.1 | 7.9 | 0.30% | 6.30% |
| GOOGL | Alphabet Inc. | 4.80% | 17.1 | 22.8 | 9.3 | 0.26% | 9.33% |
| AMZN | Amazon.com, Inc. | 4.41% | 20.1 | 23.6 | 3.5 | — | 7.29% |
| AVGO | Broadcom Inc. | 4.33% | 43.3 | 19.4 | 17.6 | 0.79% | 3.33% |
| GOOG | Alphabet Inc. | 4.10% | 16.9 | 21.8 | 9.2 | 0.26% | 8.07% |
| AMD | Advanced Micro Devices, Inc. | 3.36% | 134.9 | 39.5 | 20.9 | — | 0.83% |
| TSLA | Tesla, Inc. | 3.03% | 328.4 | 158.7 | 13.5 | — | 0.31% |
| LLY | Eli Lilly and Company | 3.01% | 42.2 | 24.4 | 14.1 | 0.55% | 2.37% |
| V | Visa Inc. | 1.84% | 34.3 | 24.0 | 17.0 | 0.67% | 1.79% |
| INTC | Intel Corporation | 1.78% | — | 63.3 | 8.3 | — | −1.40% |
| MA | Mastercard Incorporated | 1.52% | 34.0 | 24.2 | 15.4 | 0.56% | 1.49% |
| LRCX | Lam Research Corporation | 1.51% | 45.8 | 33.7 | 14.2 | 0.50% | 1.10% |
| AMAT | Applied Materials, Inc. | 1.46% | 35.3 | 23.4 | 10.5 | 0.52% | 1.37% |
| PLTR | Palantir Technologies Inc. | 1.43% | 160.4 | 85.5 | 72.6 | — | 0.30% |
| PANW | Palo Alto Networks, Inc. | 1.22% | 855.0 | 94.3 | 24.4 | — | 0.05% |
| NFLX | Netflix, Inc. | 1.09% | 22.2 | 18.7 | 6.1 | — | 1.64% |
| CRWD | CrowdStrike Holdings, Inc. | 0.99% | — | 208.3 | 43.1 | — | 0.01% |
| KLAC | KLA Corporation | 0.95% | 45.3 | 34.8 | 15.9 | 0.56% | 0.70% |
| MRVL | Marvell Technology, Inc. | 0.94% | 72.3 | 62.1 | 21.7 | 0.11% | 0.43% |
| SNDK | Sandisk Corporation | 0.94% | 17.6 | 8.0 | 9.3 | — | 1.78% |
| GEV | GE Vernova Inc. | 0.94% | 26.4 | 38.8 | 5.9 | 0.22% | 1.18% |
| ORCL | Oracle Corporation | 0.91% | 20.1 | 17.8 | 5.4 | 1.56% | 1.50% |
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 MGK valuation
Adding up its 52 holdings with company data, MGK trades at 33.3 times trailing earnings and 27.4 times analysts' forward estimates, with a price-to-book ratio of 12.43 and a dividend yield of 0.38%. Its earnings yield of 3.01% is 2.32 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 65.2% of the fund and earn 73.9% of its combined profit. By sector, Real Estate is the most expensive at 82.5 times earnings and Communication Services the cheapest at 19.8. 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 100.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: MGK chart, MGK performance, MGK holdings, MGK dividends.
MGK valuation FAQ
What is the P/E ratio of MGK?
Based on its holdings, MGK has a trailing P/E of 33.3 and a forward P/E of 27.4 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of MGK?
The trailing earnings yield is 3.01% (1 ÷ P/E) and the forward earnings yield 3.65%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is MGK more expensive than the S&P 500?
MGK trades at 33.3 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 27.4 and 19.9.
What is the price-to-book ratio of MGK?
The holdings of MGK trade at 12.43 times book value, with a combined return on equity of 37.4%.
Which sector in MGK has the highest P/E?
Real Estate has the highest P/E at 82.5 and Communication Services the lowest at 19.8.