Invesco Bloomberg Pricing Power ETF (POWA) Valuation
POWA valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 22.7 trailing earnings
- Forward P/E
- 16.9 analyst estimates
- Price / sales
- 1.15
- Price / book
- 5.34
- EV / EBITDA
- 15.0
- Earnings yield
- 4.41% inverse of P/E
- Dividend yield
- 1.27% of the holdings
- Return on equity
- 23.5% combined
- Net margin
- 5.1% combined
- Beta
- 0.92 weighted, vs S&P 500
POWA valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| POWA | 22.7 | 16.9 | 1.15 | 5.34 | 1.27% | 23.5% | 5.1% | 0.0% |
| 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.
POWA valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 24.7% | 17.0 | 12.4 | 1.55 | 4.29 | 1.10% | 25.3% |
| Healthcare | 20.3% | 24.8 | 17.5 | 0.64 | 4.43 | 0.32% | 17.9% |
| Industrials | 17.9% | 30.0 | 22.8 | 2.58 | 6.87 | 1.19% | 22.9% |
| Consumer Cyclical | 16.7% | 21.9 | 18.1 | 1.58 | 14.64 | 1.40% | 66.8% |
| Consumer Defensive | 16.2% | 25.6 | 18.1 | 0.76 | 3.63 | 2.23% | 14.2% |
| Financial Services | 2.3% | 31.1 | 24.7 | 12.41 | 37.57 | 1.44% | 120.8% |
| Real Estate | 2.1% | 27.4 | 29.5 | 6.55 | 15.01 | 4.40% | 54.8% |
POWA 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 POWA weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
POWA largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| ACN | Accenture plc | 2.66% | 16.9 | 12.4 | 1.9 | 2.98% | 3.56% |
| GDDY | GoDaddy Inc. | 2.42% | 15.8 | 8.7 | 2.6 | — | 3.48% |
| MCK | McKesson Corporation | 2.32% | 26.9 | 19.7 | 0.3 | 0.37% | 1.95% |
| ISRG | Intuitive Surgical, Inc. | 2.31% | 48.9 | 33.3 | 13.7 | — | 1.07% |
| MSCI | MSCI Inc. | 2.29% | 31.1 | 24.7 | 12.4 | 1.44% | 1.67% |
| DG | Dollar General Corporation | 2.29% | 17.4 | 15.3 | 0.7 | 1.76% | 2.98% |
| MSFT | Microsoft Corporation | 2.29% | 29.5 | 25.1 | 11.8 | 0.74% | 1.76% |
| ULTA | Ulta Beauty, Inc. | 2.29% | 21.6 | 19.6 | 2.0 | — | 2.40% |
| EBAY | eBay Inc. | 2.29% | 25.3 | 16.6 | 4.5 | 1.03% | 2.05% |
| MTD | Mettler-Toledo International Inc. | 2.27% | 36.6 | 28.5 | 7.9 | — | 1.41% |
| BBY | Best Buy Co., Inc. | 2.26% | 15.4 | 13.6 | 0.5 | 4.15% | 3.33% |
| COST | Costco Wholesale Corporation | 2.20% | 47.6 | 40.3 | 1.4 | 0.59% | 1.05% |
| WMT | Walmart Inc. | 2.20% | 43.0 | 38.0 | 1.3 | 0.83% | 1.16% |
| COR | Cencora | 2.17% | 25.3 | 15.7 | 0.2 | 0.70% | 1.94% |
| MAR | Marriott International, Inc. | 2.16% | 40.1 | 26.5 | 13.7 | 0.75% | 1.22% |
| CAH | Cardinal Health, Inc. | 2.13% | 35.1 | 17.7 | 0.2 | 0.81% | 1.38% |
| AZO | AutoZone, Inc. | 2.12% | 20.5 | 16.5 | 2.5 | — | 2.35% |
| FAST | Fastenal Company | 2.12% | 41.5 | 37.5 | 6.4 | 2.04% | 1.16% |
| LAMR | Lamar Advertising Company | 2.08% | 27.4 | 29.5 | 6.6 | 4.40% | 1.72% |
| OTIS | Otis Worldwide Corporation | 2.07% | 18.3 | 15.1 | 1.8 | 2.47% | 2.56% |
| SNX | TD SYNNEX Corporation | 2.07% | 15.0 | 12.7 | 0.3 | 0.78% | 3.11% |
| ROP | Roper Technologies, Inc. | 2.07% | 15.9 | 15.0 | 4.6 | 0.95% | 2.94% |
| ADSK | Autodesk, Inc. | 2.06% | 31.1 | 17.6 | 6.4 | — | 1.50% |
| ADBE | Adobe Inc. | 2.03% | 13.7 | 8.7 | 3.7 | — | 3.36% |
| SYY | Sysco Corporation | 2.03% | 21.9 | 15.2 | 0.5 | 2.68% | 2.09% |
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 POWA valuation
Adding up its 50 holdings with company data, POWA trades at 22.7 times trailing earnings and 16.9 times analysts' forward estimates, with a price-to-book ratio of 5.34 and a dividend yield of 1.27%. Its earnings yield of 4.41% is 0.92 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 23.4% of the fund and earn 22.3% of its combined profit. By sector, Financial Services is the most expensive at 31.1 times earnings and Technology the cheapest at 17.0. Companies that lost money over the past year are 0.0% 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 99.96% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: POWA chart, POWA performance, POWA holdings, POWA dividends.
POWA valuation FAQ
What is the P/E ratio of POWA?
Based on its holdings, POWA has a trailing P/E of 22.7 and a forward P/E of 16.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of POWA?
The trailing earnings yield is 4.41% (1 ÷ P/E) and the forward earnings yield 5.90%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is POWA more expensive than the S&P 500?
POWA trades at 22.7 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 16.9 and 19.9.
What is the price-to-book ratio of POWA?
The holdings of POWA trade at 5.34 times book value, with a combined return on equity of 23.5%.
Which sector in POWA has the highest P/E?
Financial Services has the highest P/E at 31.1 and Technology the lowest at 17.0.