Nuveen ESG Mid-Cap Growth ETF (NUMG) Valuation
NUMG valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 61.6 trailing earnings
- Forward P/E
- 25.7 analyst estimates
- Price / sales
- 4.21
- Price / book
- 7.45
- EV / EBITDA
- 23.9
- Earnings yield
- 1.62% inverse of P/E
- Dividend yield
- 0.25% of the holdings
- Return on equity
- 12.1% combined
- Net margin
- 6.8% combined
- Beta
- 1.32 weighted, vs S&P 500
NUMG valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| NUMG | 61.6 | 25.7 | 4.21 | 7.45 | 0.25% | 12.1% | 6.8% | 16.3% |
| 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.
NUMG valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 31.1% | 481.4 | 26.5 | 7.49 | 10.59 | 0.06% | 2.2% |
| Healthcare | 18.6% | 40.6 | 25.7 | 8.40 | 7.28 | 0.19% | 17.9% |
| Industrials | 18.2% | 38.0 | 26.6 | 3.21 | 10.17 | 0.47% | 26.8% |
| Consumer Cyclical | 12.0% | 78.8 | 19.4 | 1.99 | 6.45 | 0.07% | 8.2% |
| Financial Services | 7.3% | 21.1 | 20.5 | 3.53 | 3.03 | 0.20% | 14.3% |
| Communication Services | 7.0% | n/m | 94.0 | 3.03 | 10.64 | 0.00% | −10.7% |
| Basic Materials | 3.2% | 20.0 | 13.7 | 4.43 | 2.79 | 0.59% | 14.0% |
| Real Estate | 2.2% | 80.4 | 58.5 | 4.43 | 1,516.51 | 3.07% | 1,887.0% |
NUMG 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 NUMG weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
NUMG largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| LITE | Lumentum Holdings Inc. | 4.03% | — | 42.9 | 24.8 | — | −28.09% |
| VEEV | Veeva Systems Inc. | 3.52% | 50.9 | 30.2 | 14.5 | — | 4.27% |
| CIEN | Ciena Corporation | 3.41% | 74.4 | 39.8 | 7.8 | — | 2.83% |
| IDXX | IDEXX Laboratories, Inc. | 3.20% | 39.8 | 31.4 | 9.7 | — | 4.97% |
| TEAM | Atlassian Corporation | 3.20% | — | 36.2 | 8.0 | — | −0.13% |
| FIX | Comfort Systems USA, Inc. | 3.19% | 35.4 | 26.0 | 4.5 | 0.25% | 5.57% |
| KEYS | Keysight Technologies, Inc. | 2.99% | 44.8 | 22.4 | 8.6 | — | 4.13% |
| RMD | ResMed Inc. | 2.80% | 22.9 | 18.5 | 5.9 | 1.10% | 7.54% |
| RBLX | Roblox Corporation | 2.72% | — | 192.3 | 6.2 | — | −4.52% |
| GWW | W.W. Grainger, Inc. | 2.65% | 33.9 | 24.8 | 3.3 | 0.75% | 4.82% |
| ZS | Zscaler, Inc. | 2.51% | — | 43.9 | 10.1 | — | −0.29% |
| ALNY | Alnylam Pharmaceuticals, Inc. | 2.51% | 39.1 | 19.7 | 6.5 | — | 3.96% |
| ULTA | Ulta Beauty, Inc. | 2.49% | 21.6 | 19.6 | 2.0 | — | 7.13% |
| MDB | MongoDB, Inc. | 2.39% | 468.8 | 70.4 | 9.8 | — | 0.31% |
| WAT | Waters Corporation | 2.36% | 110.6 | 24.8 | 9.2 | — | 1.32% |
| EME | EMCOR Group, Inc. | 2.36% | 22.5 | 19.8 | 1.7 | 0.22% | 6.50% |
| CRDO | Credo Technology Group Holding Ltd | 2.31% | 60.2 | 30.9 | 20.0 | — | 2.38% |
| LYV | Live Nation Entertainment, Inc. | 2.31% | — | 119.0 | 1.5 | — | −0.93% |
| MTD | Mettler-Toledo International Inc. | 2.27% | 36.6 | 28.5 | 7.9 | — | 3.84% |
| IRM | Iron Mountain Incorporated | 2.20% | 80.4 | 58.5 | 4.4 | 3.07% | 1.69% |
| NVT | nVent Electric plc | 2.15% | 39.3 | 25.1 | 4.8 | 0.59% | 3.37% |
| SN | SharkNinja, Inc. | 2.15% | 38.1 | 23.1 | 3.8 | — | 3.48% |
| AXON | Axon Enterprise, Inc. | 2.13% | 161.9 | 58.1 | 9.8 | — | 0.81% |
| AFRM | Affirm Holdings, Inc. | 2.11% | 13.4 | 35.6 | 5.9 | — | 9.74% |
| ROK | Rockwell Automation, Inc. | 2.11% | 39.9 | 29.8 | 5.3 | 1.30% | 3.26% |
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 NUMG valuation
Adding up its 45 holdings with company data, NUMG trades at 61.6 times trailing earnings and 25.7 times analysts' forward estimates, with a price-to-book ratio of 7.45 and a dividend yield of 0.25%. Its earnings yield of 1.62% is 3.70 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 31.7% of the fund and earn 1.4% of its combined profit. By sector, Technology is the most expensive at 481.4 times earnings and Basic Materials the cheapest at 20.0. Companies that lost money over the past year are 16.3% 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: NUMG chart, NUMG performance, NUMG holdings, NUMG dividends.
NUMG valuation FAQ
What is the P/E ratio of NUMG?
Based on its holdings, NUMG has a trailing P/E of 61.6 and a forward P/E of 25.7 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of NUMG?
The trailing earnings yield is 1.62% (1 ÷ P/E) and the forward earnings yield 3.90%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is NUMG more expensive than the S&P 500?
NUMG trades at 61.6 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 25.7 and 19.9.
What is the price-to-book ratio of NUMG?
The holdings of NUMG trade at 7.45 times book value, with a combined return on equity of 12.1%.
Which sector in NUMG has the highest P/E?
Technology has the highest P/E at 481.4 and Basic Materials the lowest at 20.0.