Pathfinder Focused Opportunities ETF (PFOE) Valuation
PFOE valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 38.8 trailing earnings
- Forward P/E
- 23.4 analyst estimates
- Price / sales
- 2.55
- Price / book
- 8.03
- EV / EBITDA
- 25.2
- Earnings yield
- 2.58% inverse of P/E
- Dividend yield
- 0.37% of the holdings
- Return on equity
- 20.7% combined
- Net margin
- 6.6% combined
- Beta
- 1.21 weighted, vs S&P 500
PFOE valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| PFOE | 38.8 | 23.4 | 2.55 | 8.03 | 0.37% | 20.7% | 6.6% | 4.0% |
| 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.
PFOE valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 31.7% | 33.5 | 21.4 | 1.63 | 10.37 | 0.39% | 31.0% |
| Healthcare | 21.9% | 37.4 | 24.6 | 2.88 | 8.66 | 0.70% | 23.1% |
| Financial Services | 16.3% | 27.5 | 19.9 | 12.29 | 11.30 | 0.41% | 41.0% |
| Industrials | 11.4% | n/m | 28.8 | 2.27 | 3.50 | 0.07% | −4.7% |
| Communication Services | 10.3% | 22.4 | 25.0 | 7.15 | 8.41 | 0.12% | 37.6% |
| Consumer Cyclical | 9.4% | 50.5 | 32.8 | 2.64 | 11.82 | 0.00% | 23.4% |
PFOE 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 PFOE weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
PFOE largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| LLY | Eli Lilly and Company | 6.76% | 42.2 | 24.4 | 14.1 | 0.55% | 6.64% |
| TSM | Taiwan Semiconductor Manufacturing Company Limited | 6.74% | 26.7 | 21.4 | 0.4 | 0.91% | 10.44% |
| NOW | ServiceNow, Inc. | 5.92% | 88.7 | 27.8 | 10.0 | — | 2.76% |
| ASML | ASML Holding N.V. | 5.78% | 40.4 | 28.9 | 16.0 | 0.55% | 5.93% |
| MELI | MercadoLibre, Inc. | 5.64% | 50.5 | 32.8 | 2.6 | — | 4.63% |
| SPOT | Spotify Technology S.A | 5.62% | 30.5 | 28.6 | 6.0 | — | 7.64% |
| WDAY | Workday, Inc. | 5.60% | 38.9 | 17.7 | 4.5 | — | 5.97% |
| IDXX | IDEXX Laboratories, Inc. | 5.16% | 39.8 | 31.4 | 9.7 | — | 5.37% |
| UNH | UnitedHealth Group Incorporated | 4.98% | 25.8 | 16.6 | 0.8 | 2.31% | 7.99% |
| ISRG | Intuitive Surgical, Inc. | 4.98% | 48.9 | 33.3 | 13.7 | — | 4.21% |
| GOOG | Alphabet Inc. | 4.66% | 16.9 | 21.8 | 9.2 | 0.26% | 11.41% |
| V | Visa Inc. | 4.29% | 34.3 | 24.0 | 17.0 | 0.67% | 5.18% |
| NU | Nu Holdings Ltd. | 4.29% | 19.9 | 14.8 | 8.3 | — | 8.91% |
| MA | Mastercard Incorporated | 4.20% | 34.0 | 24.2 | 15.4 | 0.56% | 5.12% |
| UBER | Uber Technologies, Inc. | 3.94% | 15.4 | 15.9 | 2.6 | — | 10.58% |
| HESAY | Hermes International SA | 3.78% | — | — | — | — | — |
| QXO | QXO, Inc. | 3.75% | — | 19.2 | 1.1 | — | −12.73% |
| AVGO | Broadcom Inc. | 3.75% | 43.3 | 19.4 | 17.6 | 0.79% | 3.58% |
| K7X | BROOKFIELD CORP. CL.A | 3.53% | — | — | — | — | — |
| PWR | Quanta Services, Inc. | 3.48% | 72.4 | 33.0 | 2.9 | 0.07% | 1.99% |
| GEV | GE Vernova Inc. | 2.65% | 26.4 | 38.8 | 5.9 | 0.22% | 4.16% |
| BE | Bloom Energy Corporation | 1.49% | 291.2 | 57.1 | 20.9 | — | 0.21% |
| FXFXX | First American Funds Inc. - Treasury Obligations Fund | 0.13% | — | — | — | — | — |
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 PFOE valuation
Adding up its 20 holdings with company data, PFOE trades at 38.8 times trailing earnings and 23.4 times analysts' forward estimates, with a price-to-book ratio of 8.03 and a dividend yield of 0.37%. Its earnings yield of 2.58% is 2.75 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 57.2% of the fund and earn 61.6% of its combined profit. By sector, Consumer Cyclical is the most expensive at 50.5 times earnings and Communication Services the cheapest at 22.4. Companies that lost money over the past year are 4.0% 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 92.6% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: PFOE chart, PFOE holdings, PFOE dividends.
PFOE valuation FAQ
What is the P/E ratio of PFOE?
Based on its holdings, PFOE has a trailing P/E of 38.8 and a forward P/E of 23.4 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of PFOE?
The trailing earnings yield is 2.58% (1 ÷ P/E) and the forward earnings yield 4.27%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is PFOE more expensive than the S&P 500?
PFOE trades at 38.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 23.4 and 19.9.
What is the price-to-book ratio of PFOE?
The holdings of PFOE trade at 8.03 times book value, with a combined return on equity of 20.7%.
Which sector in PFOE has the highest P/E?
Consumer Cyclical has the highest P/E at 50.5 and Communication Services the lowest at 22.4.