iShares Paris-Aligned Climate MSCI USA ETF (PABU) Valuation
PABU valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 31.5 trailing earnings
- Forward P/E
- 25.9 analyst estimates
- Price / sales
- 8.81
- Price / book
- 7.16
- EV / EBITDA
- 19.8
- Earnings yield
- 3.18% inverse of P/E
- Dividend yield
- 1.15% of the holdings
- Return on equity
- 22.8% combined
- Net margin
- 28.0% combined
- Beta
- 1.30 weighted, vs S&P 500
PABU valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| PABU | 31.5 | 25.9 | 8.81 | 7.16 | 1.15% | 22.8% | 28.0% | 3.4% |
| 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.
PABU valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 53.0% | 37.4 | 26.4 | 10.41 | 12.45 | 0.56% | 33.3% |
| Real Estate | 15.0% | 25.3 | 30.6 | 9.50 | 3.37 | 4.07% | 13.3% |
| Communication Services | 8.0% | 19.3 | 22.2 | 8.75 | 6.80 | 0.27% | 35.3% |
| Financial Services | 7.9% | 26.9 | 20.0 | 8.26 | 5.47 | 0.99% | 20.3% |
| Healthcare | 6.3% | 33.9 | 23.1 | 10.26 | 12.76 | 0.79% | 37.7% |
| Consumer Cyclical | 5.9% | 126.9 | 50.9 | 6.35 | 8.78 | 0.04% | 6.9% |
| Industrials | 1.6% | 37.2 | 24.1 | 4.23 | 4.26 | 0.95% | 11.5% |
| Utilities | 1.6% | 9.9 | 12.2 | 1.95 | 1.61 | 4.27% | 16.2% |
PABU 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 PABU weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
PABU largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 8.96% | 27.1 | 24.9 | 17.1 | 0.47% | 10.50% |
| MSFT | Microsoft Corporation | 7.84% | 29.5 | 25.1 | 11.8 | 0.74% | 8.44% |
| AAPL | Apple Inc. | 7.54% | 39.4 | 35.2 | 10.7 | 0.31% | 6.07% |
| GOOG | Alphabet Inc. | 3.75% | 16.9 | 21.8 | 9.2 | 0.26% | 7.03% |
| LLY | Eli Lilly and Company | 3.60% | 42.2 | 24.4 | 14.1 | 0.55% | 2.71% |
| AMD | Advanced Micro Devices, Inc. | 3.51% | 134.9 | 39.5 | 20.9 | — | 0.83% |
| TSLA | Tesla, Inc. | 3.48% | 328.4 | 158.7 | 13.5 | — | 0.34% |
| NOW | ServiceNow, Inc. | 3.14% | 88.7 | 27.8 | 10.0 | — | 1.12% |
| SNOW | Snowflake Inc. | 3.08% | — | 169.5 | 19.9 | — | −1.01% |
| AVGO | Broadcom Inc. | 3.06% | 43.3 | 19.4 | 17.6 | 0.79% | 2.24% |
| MRVL | Marvell Technology, Inc. | 2.60% | 72.3 | 62.1 | 21.7 | 0.11% | 1.14% |
| IBM | International Business Machines Corporation | 2.41% | 20.6 | 17.4 | 3.2 | 2.91% | 3.70% |
| META | Meta Platforms, Inc. | 2.39% | 26.7 | 22.1 | 7.9 | 0.30% | 2.84% |
| SPG | Simon Property Group, Inc. | 2.15% | 14.5 | 30.7 | 11.2 | 4.33% | 4.70% |
| AMT | American Tower Corporation | 2.06% | 25.5 | 24.6 | 7.9 | 3.86% | 2.57% |
| EQIX | Equinix, Inc. | 1.85% | 63.4 | 52.1 | 9.8 | 2.09% | 0.92% |
| PLD | Prologis, Inc. | 1.84% | 27.7 | 29.2 | 12.4 | 3.40% | 2.11% |
| V | Visa Inc. | 1.82% | 34.3 | 24.0 | 17.0 | 0.67% | 1.69% |
| AMZN | Amazon.com, Inc. | 1.82% | 20.1 | 23.6 | 3.5 | — | 2.87% |
| MA | Mastercard Incorporated | 1.77% | 34.0 | 24.2 | 15.4 | 0.56% | 1.65% |
| DLR | Digital Realty Trust, Inc. | 1.77% | 85.4 | 66.2 | 9.8 | 2.77% | 0.66% |
| ADSK | Autodesk, Inc. | 1.70% | 31.1 | 17.6 | 6.4 | — | 1.73% |
| GOOGL | Alphabet Inc. | 1.69% | 17.1 | 22.8 | 9.3 | 0.26% | 3.13% |
| ORCL | Oracle Corporation | 1.60% | 20.1 | 17.8 | 5.4 | 1.56% | 2.53% |
| O | Realty Income Corporation | 1.52% | 40.6 | 33.7 | 8.7 | 5.81% | 1.19% |
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 PABU valuation
Adding up its 86 holdings with company data, PABU trades at 31.5 times trailing earnings and 25.9 times analysts' forward estimates, with a price-to-book ratio of 7.16 and a dividend yield of 1.15%. Its earnings yield of 3.18% is 2.15 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 48.0% of the fund and earn 38.3% of its combined profit. By sector, Consumer Cyclical is the most expensive at 126.9 times earnings and Utilities the cheapest at 9.9. Companies that lost money over the past year are 3.4% 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: PABU chart, PABU performance, PABU holdings, PABU dividends.
PABU valuation FAQ
What is the P/E ratio of PABU?
Based on its holdings, PABU has a trailing P/E of 31.5 and a forward P/E of 25.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of PABU?
The trailing earnings yield is 3.18% (1 ÷ P/E) and the forward earnings yield 3.87%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is PABU more expensive than the S&P 500?
PABU trades at 31.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 25.9 and 19.9.
What is the price-to-book ratio of PABU?
The holdings of PABU trade at 7.16 times book value, with a combined return on equity of 22.8%.
Which sector in PABU has the highest P/E?
Consumer Cyclical has the highest P/E at 126.9 and Utilities the lowest at 9.9.