ALPS O'Shares Global Internet Giants ETF (OGIG) Valuation
OGIG valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 41.0 trailing earnings
- Forward P/E
- 28.8 analyst estimates
- Price / sales
- 4.34
- Price / book
- 8.93
- EV / EBITDA
- 22.4
- Earnings yield
- 2.44% inverse of P/E
- Dividend yield
- 0.21% of the holdings
- Return on equity
- 21.8% combined
- Net margin
- 10.6% combined
- Beta
- 1.39 weighted, vs S&P 500
OGIG valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| OGIG | 41.0 | 28.8 | 4.34 | 8.93 | 0.21% | 21.8% | 10.6% | 15.9% |
| 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.
OGIG valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 57.1% | 69.4 | 37.1 | 10.77 | 12.38 | 0.23% | 17.8% |
| Communication Services | 25.0% | 25.2 | 22.5 | 7.11 | 8.82 | 0.16% | 35.0% |
| Consumer Cyclical | 16.2% | 24.1 | 19.8 | 1.12 | 4.57 | 0.21% | 19.0% |
| Healthcare | 1.2% | 50.9 | 30.2 | 14.53 | 5.90 | 0.00% | 11.6% |
OGIG 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 OGIG weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
OGIG largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| MSFT | Microsoft Corporation | 6.08% | 29.5 | 25.1 | 11.8 | 0.74% | 9.50% |
| GOOGL | Alphabet Inc. | 5.72% | 17.1 | 22.8 | 9.3 | 0.26% | 15.41% |
| AMZN | Amazon.com, Inc. | 5.54% | 20.1 | 23.6 | 3.5 | — | 12.67% |
| META | Meta Platforms, Inc. | 5.48% | 26.7 | 22.1 | 7.9 | 0.30% | 9.44% |
| PLTR | Palantir Technologies Inc. | 5.23% | 160.4 | 85.5 | 72.6 | — | 1.50% |
| ORCL | Oracle Corporation | 3.56% | 20.1 | 17.8 | 5.4 | 1.56% | 8.15% |
| SHOP | Shopify Inc. | 3.29% | 114.5 | 58.8 | 16.6 | — | 1.32% |
| CRWD | CrowdStrike Holdings, Inc. | 2.98% | — | 208.3 | 43.1 | — | 0.04% |
| PANW | Palo Alto Networks, Inc. | 2.93% | 855.0 | 94.3 | 24.4 | — | 0.16% |
| NET | Cloudflare, Inc. | 2.47% | — | 178.6 | 42.0 | — | −0.20% |
| RBRK | Rubrik, Inc. | 2.46% | — | 625.0 | 15.0 | — | −1.00% |
| SNOW | Snowflake Inc. | 2.40% | — | 169.5 | 19.9 | — | −1.15% |
| DDOG | Datadog, Inc. | 2.37% | 494.2 | 84.7 | 22.4 | — | 0.22% |
| NOW | ServiceNow, Inc. | 2.25% | 88.7 | 27.8 | 10.0 | — | 1.17% |
| ZS | Zscaler, Inc. | 2.24% | — | 43.9 | 10.1 | — | −0.19% |
| MELI | MercadoLibre, Inc. | 2.23% | 50.5 | 32.8 | 2.6 | — | 2.03% |
| APP | AppLovin Corporation | 1.95% | 20.5 | 15.4 | 13.1 | — | 4.40% |
| RDDT | Reddit, Inc. | 1.95% | 36.3 | 23.2 | 10.8 | — | 2.47% |
| IOT | Samsara Inc. | 1.80% | 282.6 | 52.4 | 12.5 | — | 0.29% |
| 0700 | Tencent Holdings Ltd | 1.69% | — | — | — | — | — |
| YNDX | Yandex NV | 1.60% | — | — | — | — | — |
| SAP | SAP SE | 1.53% | — | — | — | — | — |
| CSU | Constellation Software Inc. | 1.52% | — | — | — | — | — |
| DASH | DoorDash, Inc. | 1.51% | 99.6 | 38.0 | 5.2 | — | 0.70% |
| BABA | Alibaba Group Holding Limited | 1.49% | 26.4 | 17.9 | 0.3 | 0.96% | 2.60% |
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 OGIG valuation
Adding up its 42 holdings with company data, OGIG trades at 41.0 times trailing earnings and 28.8 times analysts' forward estimates, with a price-to-book ratio of 8.93 and a dividend yield of 0.21%. Its earnings yield of 2.44% is 2.89 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 43.3% of the fund and earn 58.0% of its combined profit. By sector, Technology is the most expensive at 69.4 times earnings and Consumer Cyclical the cheapest at 24.1. Companies that lost money over the past year are 15.9% 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 89.6% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: OGIG chart, OGIG performance, OGIG holdings, OGIG dividends.
OGIG valuation FAQ
What is the P/E ratio of OGIG?
Based on its holdings, OGIG has a trailing P/E of 41.0 and a forward P/E of 28.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of OGIG?
The trailing earnings yield is 2.44% (1 ÷ P/E) and the forward earnings yield 3.47%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is OGIG more expensive than the S&P 500?
OGIG trades at 41.0 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 28.8 and 19.9.
What is the price-to-book ratio of OGIG?
The holdings of OGIG trade at 8.93 times book value, with a combined return on equity of 21.8%.
Which sector in OGIG has the highest P/E?
Technology has the highest P/E at 69.4 and Consumer Cyclical the lowest at 24.1.