Pacer Lunt Large Cap Multi-Factor Alternator ETF (PALC) Valuation
PALC valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 30.6 trailing earnings
- Forward P/E
- 16.2 analyst estimates
- Price / sales
- 2.52
- Price / book
- 4.33
- EV / EBITDA
- 13.4
- Earnings yield
- 3.27% inverse of P/E
- Dividend yield
- 1.02% of the holdings
- Return on equity
- 14.2% combined
- Net margin
- 8.2% combined
- Beta
- 1.30 weighted, vs S&P 500
PALC valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| PALC | 30.6 | 16.2 | 2.52 | 4.33 | 1.02% | 14.2% | 8.2% | 9.4% |
| 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.
PALC valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 42.9% | 29.1 | 17.6 | 3.84 | 6.06 | 0.61% | 20.8% |
| Communication Services | 15.0% | 19.2 | 12.1 | 2.21 | 3.03 | 1.08% | 15.8% |
| Healthcare | 10.4% | 395.1 | 18.9 | 1.80 | 4.12 | 0.59% | 1.0% |
| Consumer Cyclical | 8.5% | 24.1 | 15.5 | 1.72 | 4.33 | 1.57% | 18.0% |
| Financial Services | 7.1% | 33.1 | 18.3 | 4.83 | 3.91 | 1.38% | 11.8% |
| Industrials | 6.4% | 27.6 | 18.8 | 2.07 | 6.13 | 0.63% | 22.2% |
| Utilities | 2.5% | 24.9 | 14.7 | 1.94 | 4.15 | 1.16% | 16.7% |
| Basic Materials | 2.5% | n/m | 11.8 | 0.96 | 1.77 | 2.78% | −2.0% |
| Real Estate | 1.9% | 210.1 | 17.4 | 5.05 | 1.72 | 4.79% | 0.8% |
| Consumer Defensive | 1.6% | 33.8 | 14.9 | 0.86 | 4.96 | 3.36% | 14.7% |
| Energy | 1.0% | 16.0 | 14.3 | 3.48 | 3.55 | 1.41% | 22.2% |
PALC 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 PALC weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
PALC largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| META | Meta Platforms, Inc. | 5.74% | 26.7 | 22.1 | 7.9 | 0.30% | 6.62% |
| PLTR | Palantir Technologies Inc. | 3.98% | 160.4 | 85.5 | 72.6 | — | 0.76% |
| NFLX | Netflix, Inc. | 2.71% | 22.2 | 18.7 | 6.1 | — | 3.76% |
| ORCL | Oracle Corporation | 2.42% | 20.1 | 17.8 | 5.4 | 1.56% | 3.71% |
| MRNA | Moderna, Inc. | 2.33% | — | 23.0 | 39.1 | — | −2.63% |
| ACN | Accenture plc | 1.83% | 16.9 | 12.4 | 1.9 | 2.98% | 3.33% |
| NOW | ServiceNow, Inc. | 1.82% | 88.7 | 27.8 | 10.0 | — | 0.63% |
| DIS | The Walt Disney Company | 1.65% | 22.8 | 13.8 | 1.9 | 1.36% | 2.23% |
| CRM | Salesforce, Inc. | 1.61% | 22.0 | 14.0 | 4.5 | 0.73% | 2.26% |
| ABT | Abbott Laboratories | 1.35% | 33.8 | 17.1 | 3.9 | 2.40% | 1.23% |
| INTU | Intuit Inc. | 1.33% | 19.8 | 12.7 | 4.1 | 1.70% | 2.08% |
| ISRG | Intuitive Surgical, Inc. | 1.32% | 48.9 | 33.3 | 13.7 | — | 0.83% |
| MCD | McDonald's Corporation | 1.28% | 19.7 | 17.1 | 6.2 | 3.18% | 2.00% |
| SNPS | Synopsys, Inc. | 1.23% | 80.3 | 23.3 | 9.3 | — | 0.47% |
| T | AT&T Inc. | 1.21% | 7.7 | 9.9 | 1.3 | 4.74% | 4.80% |
| UBER | Uber Technologies, Inc. | 1.13% | 15.4 | 15.9 | 2.6 | — | 2.25% |
| COIN | Coinbase Global, Inc. | 1.10% | — | 54.3 | 7.6 | — | −0.63% |
| SPGI | S&P Global Inc. | 1.09% | 26.1 | 19.9 | 7.9 | 0.90% | 1.28% |
| SNDK | Sandisk Corporation | 1.07% | 17.6 | 8.0 | 9.3 | — | 1.88% |
| CEG | Constellation Energy Corporation | 1.05% | 26.5 | 20.7 | 3.1 | 0.63% | 1.21% |
| DASH | DoorDash, Inc. | 0.98% | 99.6 | 38.0 | 5.2 | — | 0.30% |
| ADBE | Adobe Inc. | 0.90% | 13.7 | 8.7 | 3.7 | — | 2.02% |
| SMCI | Super Micro Computer, Inc. | 0.88% | 9.7 | 10.2 | 0.5 | — | 2.80% |
| ADP | Automatic Data Processing, Inc. | 0.88% | 26.4 | 22.0 | 5.2 | 2.35% | 1.03% |
| SYK | Stryker Corporation | 0.83% | 30.5 | 16.5 | 4.4 | 1.19% | 0.84% |
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 PALC valuation
Adding up its 168 holdings with company data, PALC trades at 30.6 times trailing earnings and 16.2 times analysts' forward estimates, with a price-to-book ratio of 4.33 and a dividend yield of 1.02%. Its earnings yield of 3.27% is 2.06 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 25.5% of the fund and earn 21.9% of its combined profit. By sector, Healthcare is the most expensive at 395.1 times earnings and Energy the cheapest at 16.0. Companies that lost money over the past year are 9.4% 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 99.5% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: PALC chart, PALC performance, PALC holdings, PALC dividends.
PALC valuation FAQ
What is the P/E ratio of PALC?
Based on its holdings, PALC has a trailing P/E of 30.6 and a forward P/E of 16.2 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of PALC?
The trailing earnings yield is 3.27% (1 ÷ P/E) and the forward earnings yield 6.17%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is PALC more expensive than the S&P 500?
PALC trades at 30.6 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 16.2 and 19.9.
What is the price-to-book ratio of PALC?
The holdings of PALC trade at 4.33 times book value, with a combined return on equity of 14.2%.
Which sector in PALC has the highest P/E?
Healthcare has the highest P/E at 395.1 and Energy the lowest at 16.0.