PGIM Jennison Focused Growth ETF (PJFG) Valuation
PJFG valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 34.4 trailing earnings
- Forward P/E
- 28.0 analyst estimates
- Price / sales
- 6.18
- Price / book
- 11.97
- EV / EBITDA
- 22.9
- Earnings yield
- 2.90% inverse of P/E
- Dividend yield
- 0.33% of the holdings
- Return on equity
- 34.8% combined
- Net margin
- 17.9% combined
- Beta
- 1.42 weighted, vs S&P 500
PJFG valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| PJFG | 34.4 | 28.0 | 6.18 | 11.97 | 0.33% | 34.8% | 17.9% | 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.
PJFG valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 53.7% | 42.9 | 29.7 | 6.87 | 18.54 | 0.38% | 43.3% |
| Communication Services | 16.9% | 20.4 | 22.0 | 6.97 | 6.38 | 0.27% | 31.3% |
| Consumer Cyclical | 8.3% | 28.9 | 32.7 | 4.58 | 6.35 | 0.00% | 22.0% |
| Healthcare | 7.6% | 39.4 | 25.5 | 12.94 | 13.47 | 0.34% | 34.2% |
| Financial Services | 4.0% | 34.0 | 24.2 | 15.42 | 87.42 | 0.56% | 257.4% |
| Industrials | 3.5% | 59.3 | 46.8 | 3.94 | 20.09 | 0.08% | 33.9% |
| Consumer Defensive | 2.3% | 45.5 | 39.3 | 1.37 | 10.42 | 0.70% | 22.9% |
| Utilities | 0.8% | 26.5 | 20.7 | 3.07 | 3.16 | 0.63% | 11.9% |
PJFG 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 PJFG weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
PJFG largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 11.88% | 27.1 | 24.9 | 17.1 | 0.47% | 15.56% |
| GOOGL | Alphabet Inc. | 8.90% | 17.1 | 22.8 | 9.3 | 0.26% | 18.46% |
| AAPL | Apple Inc. | 7.61% | 39.4 | 35.2 | 10.7 | 0.31% | 6.85% |
| MSFT | Microsoft Corporation | 7.04% | 29.5 | 25.1 | 11.8 | 0.74% | 8.47% |
| AMZN | Amazon.com, Inc. | 5.62% | 20.1 | 23.6 | 3.5 | — | 9.91% |
| LLY | Eli Lilly and Company | 4.76% | 42.2 | 24.4 | 14.1 | 0.55% | 4.00% |
| AVGO | Broadcom Inc. | 4.28% | 43.3 | 19.4 | 17.6 | 0.79% | 3.51% |
| MA | Mastercard Incorporated | 4.00% | 34.0 | 24.2 | 15.4 | 0.56% | 4.18% |
| AMD | Advanced Micro Devices, Inc. | 3.98% | 134.9 | 39.5 | 20.9 | — | 1.05% |
| META | Meta Platforms, Inc. | 3.71% | 26.7 | 22.1 | 7.9 | 0.30% | 4.92% |
| GCP | General Electric Company | 2.90% | — | — | — | — | — |
| TSLA | Tesla, Inc. | 2.70% | 328.4 | 158.7 | 13.5 | — | 0.29% |
| CRWD | CrowdStrike Holdings, Inc. | 2.69% | — | 208.3 | 43.1 | — | 0.03% |
| TSM | Taiwan Semiconductor Manufacturing Company Limited | 1.92% | 26.7 | 21.4 | 0.4 | 0.91% | 2.55% |
| SPOT | Spotify Technology S.A | 1.87% | 30.5 | 28.6 | 6.0 | — | 2.17% |
| DDOG | Datadog, Inc. | 1.83% | 494.2 | 84.7 | 22.4 | — | 0.13% |
| SNOW | Snowflake Inc. | 1.80% | — | 169.5 | 19.9 | — | −0.66% |
| PLTR | Palantir Technologies Inc. | 1.66% | 160.4 | 85.5 | 72.6 | — | 0.37% |
| VRTX | Vertex Pharmaceuticals Incorporated | 1.57% | 28.9 | 24.1 | 10.1 | — | 1.93% |
| NFLX | Netflix, Inc. | 1.57% | 22.2 | 18.7 | 6.1 | — | 2.52% |
| SNDK | Sandisk Corporation | 1.48% | 17.6 | 8.0 | 9.3 | — | 2.97% |
| COST | Costco Wholesale Corporation | 1.29% | 47.6 | 40.3 | 1.4 | 0.59% | 0.96% |
| ISRG | Intuitive Surgical, Inc. | 1.29% | 48.9 | 33.3 | 13.7 | — | 0.94% |
| CDNS | Cadence Design Systems, Inc. | 1.27% | 63.5 | 31.5 | 15.1 | — | 0.71% |
| NET | Cloudflare, Inc. | 1.26% | — | 178.6 | 42.0 | — | −0.08% |
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 PJFG valuation
Adding up its 36 holdings with company data, PJFG trades at 34.4 times trailing earnings and 28.0 times analysts' forward estimates, with a price-to-book ratio of 11.97 and a dividend yield of 0.33%. Its earnings yield of 2.90% is 2.42 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 61.8% of the fund and earn 76.9% of its combined profit. By sector, Industrials is the most expensive at 59.3 times earnings and Communication Services the cheapest at 20.4. 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 97.1% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: PJFG chart, PJFG performance, PJFG holdings.
PJFG valuation FAQ
What is the P/E ratio of PJFG?
Based on its holdings, PJFG has a trailing P/E of 34.4 and a forward P/E of 28.0 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of PJFG?
The trailing earnings yield is 2.90% (1 ÷ P/E) and the forward earnings yield 3.57%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is PJFG more expensive than the S&P 500?
PJFG trades at 34.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 28.0 and 19.9.
What is the price-to-book ratio of PJFG?
The holdings of PJFG trade at 11.97 times book value, with a combined return on equity of 34.8%.
Which sector in PJFG has the highest P/E?
Industrials has the highest P/E at 59.3 and Communication Services the lowest at 20.4.