The Nightview ETF (NITE) Valuation
NITE valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 35.4 trailing earnings
- Forward P/E
- 26.7 analyst estimates
- Price / sales
- 3.95
- Price / book
- 7.81
- EV / EBITDA
- 26.6
- Earnings yield
- 2.82% inverse of P/E
- Dividend yield
- 0.61% of the holdings
- Return on equity
- 22.0% combined
- Net margin
- 11.1% combined
- Beta
- 1.55 weighted, vs S&P 500
NITE valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| NITE | 35.4 | 26.7 | 3.95 | 7.81 | 0.61% | 22.0% | 11.1% | 15.5% |
| 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.
NITE valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 39.4% | 41.3 | 25.8 | 9.69 | 11.83 | 0.39% | 28.6% |
| Consumer Cyclical | 34.3% | 33.1 | 28.4 | 1.93 | 7.77 | 0.58% | 23.5% |
| Industrials | 14.1% | n/m | 122.8 | 28.53 | 13.57 | 0.00% | −2.3% |
| Financial Services | 11.9% | 14.0 | 13.5 | 4.06 | 2.99 | 2.10% | 21.3% |
NITE 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 NITE weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
NITE largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| TSLA | Tesla, Inc. | 11.44% | 328.4 | 158.7 | 13.5 | — | 1.24% |
| SPCX | Space Exploration Technologies Corp. | 10.47% | — | 200.0 | 83.5 | — | −1.64% |
| NVDA | NVIDIA Corporation | 8.98% | 27.1 | 24.9 | 17.1 | 0.47% | 11.79% |
| AMZN | Amazon.com, Inc. | 7.74% | 20.1 | 23.6 | 3.5 | — | 13.67% |
| NOW | ServiceNow, Inc. | 5.19% | 88.7 | 27.8 | 10.0 | — | 2.08% |
| TEAM | Atlassian Corporation | 5.04% | — | 36.2 | 8.0 | — | −0.11% |
| HD | The Home Depot, Inc. | 4.63% | 21.5 | 19.8 | 1.8 | 3.01% | 7.64% |
| AMD | Advanced Micro Devices, Inc. | 4.45% | 134.9 | 39.5 | 20.9 | — | 1.17% |
| CRM | Salesforce, Inc. | 4.42% | 22.0 | 14.0 | 4.5 | 0.73% | 7.12% |
| GS | The Goldman Sachs Group, Inc. | 4.22% | 12.7 | 12.8 | 3.6 | 2.27% | 11.83% |
| SHOP | Shopify Inc. | 4.22% | 114.5 | 58.8 | 16.6 | — | 1.31% |
| MS | Morgan Stanley | 4.14% | 14.3 | 14.9 | 3.6 | 2.55% | 10.28% |
| MSFT | Microsoft Corporation | 3.71% | 29.5 | 25.1 | 11.8 | 0.74% | 4.47% |
| AXON | Axon Enterprise, Inc. | 3.63% | 161.9 | 58.1 | 9.8 | — | 0.80% |
| H | Hyatt Hotels Corporation | 3.59% | 208.8 | 27.9 | 4.7 | 0.35% | 0.61% |
| SCHW | The Charles Schwab Corporation | 3.58% | 15.7 | 12.9 | 5.9 | 1.39% | 8.10% |
| WYNN | Wynn Resorts, Limited | 3.57% | 18.1 | 13.9 | 1.1 | 1.32% | 7.00% |
| ORCL | Oracle Corporation | 3.42% | 20.1 | 17.8 | 5.4 | 1.56% | 6.05% |
| MGM | MGM Resorts International | 3.29% | 17.7 | 17.4 | 0.4 | — | 6.61% |
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 NITE valuation
Adding up its 19 holdings with company data, NITE trades at 35.4 times trailing earnings and 26.7 times analysts' forward estimates, with a price-to-book ratio of 7.81 and a dividend yield of 0.61%. Its earnings yield of 2.82% is 2.50 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 66.6% of the fund and earn 54.8% of its combined profit. By sector, Technology is the most expensive at 41.3 times earnings and Financial Services the cheapest at 14.0. Companies that lost money over the past year are 15.5% 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 100.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: NITE chart, NITE performance, NITE holdings.
NITE valuation FAQ
What is the P/E ratio of NITE?
Based on its holdings, NITE has a trailing P/E of 35.4 and a forward P/E of 26.7 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of NITE?
The trailing earnings yield is 2.82% (1 ÷ P/E) and the forward earnings yield 3.74%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is NITE more expensive than the S&P 500?
NITE trades at 35.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 26.7 and 19.9.
What is the price-to-book ratio of NITE?
The holdings of NITE trade at 7.81 times book value, with a combined return on equity of 22.0%.
Which sector in NITE has the highest P/E?
Technology has the highest P/E at 41.3 and Financial Services the lowest at 14.0.