Pathfinder Disciplined US Equity ETF (PFDE) Valuation
PFDE valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 27.4 trailing earnings
- Forward P/E
- 17.6 analyst estimates
- Price / sales
- 2.94
- Price / book
- 5.48
- EV / EBITDA
- 16.7
- Earnings yield
- 3.64% inverse of P/E
- Dividend yield
- 0.95% of the holdings
- Return on equity
- 20.0% combined
- Net margin
- 10.7% combined
- Beta
- 1.24 weighted, vs S&P 500
PFDE valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| PFDE | 27.4 | 17.6 | 2.94 | 5.48 | 0.95% | 20.0% | 10.7% | 3.5% |
| 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.
PFDE valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 40.1% | 32.2 | 22.0 | 10.95 | 16.57 | 0.37% | 51.4% |
| Consumer Cyclical | 13.8% | 33.2 | 15.3 | 1.32 | 4.34 | 0.90% | 13.1% |
| Financial Services | 11.8% | 15.1 | 12.8 | 3.19 | 2.34 | 1.72% | 15.5% |
| Healthcare | 9.5% | 108.2 | 16.8 | 1.94 | 5.72 | 1.53% | 5.3% |
| Industrials | 7.0% | 28.2 | 18.3 | 1.49 | 6.31 | 0.95% | 22.4% |
| Communication Services | 6.9% | 17.5 | 17.4 | 4.87 | 4.60 | 0.76% | 26.3% |
| Consumer Defensive | 4.1% | 32.8 | 24.0 | 2.50 | 7.37 | 1.64% | 22.5% |
| Energy | 2.5% | 20.1 | 12.8 | 1.46 | 2.62 | 2.38% | 13.0% |
| Utilities | 2.0% | 16.2 | 12.3 | 2.02 | 1.55 | 3.41% | 9.6% |
| Basic Materials | 1.5% | 21.9 | 12.7 | 2.84 | 4.14 | 0.87% | 18.9% |
PFDE 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 PFDE weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
PFDE largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 10.00% | 27.1 | 24.9 | 17.1 | 0.47% | 10.23% |
| AAPL | Apple Inc. | 6.96% | 39.4 | 35.2 | 10.7 | 0.31% | 4.89% |
| AMZN | Amazon.com, Inc. | 5.20% | 20.1 | 23.6 | 3.5 | — | 7.16% |
| MSFT | Microsoft Corporation | 4.89% | 29.5 | 25.1 | 11.8 | 0.74% | 4.60% |
| GOOGL | Alphabet Inc. | 3.11% | 17.1 | 22.8 | 9.3 | 0.26% | 5.03% |
| MU | Micron Technology, Inc. | 3.08% | 11.8 | 7.0 | 7.5 | 0.07% | 7.21% |
| MA | Mastercard Incorporated | 2.70% | 34.0 | 24.2 | 15.4 | 0.56% | 2.20% |
| AVGO | Broadcom Inc. | 2.48% | 43.3 | 19.4 | 17.6 | 0.79% | 1.58% |
| GOOG | Alphabet Inc. | 2.29% | 16.9 | 21.8 | 9.2 | 0.26% | 3.75% |
| JNJ | Johnson & Johnson | 2.25% | 38.8 | 21.0 | 6.2 | 2.10% | 1.60% |
| MRK | Merck & Co., Inc. | 1.96% | 115.8 | 15.3 | 5.4 | 2.33% | 0.47% |
| C | Citigroup Inc. | 1.93% | 12.1 | 10.2 | 2.5 | 2.16% | 4.42% |
| AMD | Advanced Micro Devices, Inc. | 1.79% | 134.9 | 39.5 | 20.9 | — | 0.37% |
| ABBV | AbbVie Inc. | 1.72% | 80.6 | 16.4 | 7.8 | 2.42% | 0.59% |
| BKNG | Booking Holdings Inc. | 1.67% | 18.1 | 13.3 | 4.3 | 1.03% | 2.55% |
| CVX | Chevron Corporation | 1.59% | 21.2 | 15.2 | 2.1 | 3.16% | 2.08% |
| ROST | Ross Stores, Inc. | 1.59% | 28.6 | 27.4 | 3.1 | 0.75% | 1.54% |
| BA | The Boeing Company | 1.57% | 67.9 | 49.5 | 1.6 | — | 0.64% |
| BAC | Bank of America Corporation | 1.38% | 12.2 | 10.8 | 3.1 | 2.50% | 3.13% |
| CMI | Cummins Inc. | 1.32% | 27.2 | 15.4 | 2.1 | 1.66% | 1.34% |
| MNST | Monster Beverage Corporation | 1.26% | 42.3 | 33.7 | 9.7 | — | 0.82% |
| REGN | Regeneron Pharmaceuticals, Inc. | 1.09% | 19.6 | 14.5 | 5.2 | 0.48% | 1.54% |
| EBAY | eBay Inc. | 1.07% | 25.3 | 16.6 | 4.5 | 1.03% | 1.17% |
| GM | General Motors Company | 1.07% | 37.7 | 5.6 | 0.4 | 0.86% | 0.79% |
| FTNT | Fortinet, Inc. | 1.07% | 59.8 | 45.0 | 16.5 | — | 0.50% |
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 PFDE valuation
Adding up its 87 holdings with company data, PFDE trades at 27.4 times trailing earnings and 17.6 times analysts' forward estimates, with a price-to-book ratio of 5.48 and a dividend yield of 0.95%. Its earnings yield of 3.64% is 1.68 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 43.0% of the fund and earn 48.3% of its combined profit. By sector, Healthcare is the most expensive at 108.2 times earnings and Financial Services the cheapest at 15.1. Companies that lost money over the past year are 3.5% 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 99.7% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: PFDE chart, PFDE holdings, PFDE dividends.
PFDE valuation FAQ
What is the P/E ratio of PFDE?
Based on its holdings, PFDE has a trailing P/E of 27.4 and a forward P/E of 17.6 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of PFDE?
The trailing earnings yield is 3.64% (1 ÷ P/E) and the forward earnings yield 5.68%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is PFDE more expensive than the S&P 500?
PFDE trades at 27.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 17.6 and 19.9.
What is the price-to-book ratio of PFDE?
The holdings of PFDE trade at 5.48 times book value, with a combined return on equity of 20.0%.
Which sector in PFDE has the highest P/E?
Healthcare has the highest P/E at 108.2 and Financial Services the lowest at 15.1.