Invesco S&P SmallCap Consumer Discretionary ETF (PSCD) Valuation
PSCD valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 34.5 trailing earnings
- Forward P/E
- 12.2 analyst estimates
- Price / sales
- 0.60
- Price / book
- 1.94
- EV / EBITDA
- 9.7
- Earnings yield
- 2.90% inverse of P/E
- Dividend yield
- 1.10% of the holdings
- Return on equity
- 5.6% combined
- Net margin
- 1.7% combined
- Beta
- 1.27 weighted, vs S&P 500
PSCD valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| PSCD | 34.5 | 12.2 | 0.60 | 1.94 | 1.10% | 5.6% | 1.7% | 9.1% |
| 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.
PSCD valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Consumer Cyclical | 82.8% | 41.3 | 12.3 | 0.56 | 1.89 | 0.97% | 4.6% |
| Consumer Defensive | 8.9% | 21.2 | 11.1 | 1.23 | 2.04 | 1.06% | 9.6% |
| Industrials | 5.3% | 12.9 | 10.9 | 1.09 | 2.77 | 3.07% | 21.4% |
| Technology | 1.4% | 47.2 | 8.9 | 0.39 | 3.04 | 2.80% | 6.5% |
| Healthcare | 1.2% | 389.0 | 54.3 | 3.16 | 7.36 | 0.00% | 1.9% |
| Real Estate | 0.6% | 12.0 | 18.7 | 0.39 | 0.68 | 2.29% | 5.7% |
PSCD 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 PSCD weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
PSCD largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| ETSY | Etsy, Inc. | 3.32% | 24.9 | 14.9 | 2.7 | — | 4.70% |
| LTH | Life Time Group Holdings, Inc. | 3.31% | 22.1 | 20.2 | 2.8 | — | 5.26% |
| KMX | CarMax, Inc. | 3.26% | 25.3 | 21.6 | 0.3 | — | 4.55% |
| POOL | Pool Corporation | 3.21% | 15.8 | 17.1 | 1.2 | 3.01% | 7.13% |
| VSXY | Victoria's Secret & Co | 3.16% | 19.5 | 13.6 | 1.0 | — | 5.71% |
| MHK | Mohawk Industries, Inc. | 2.71% | 15.9 | 11.7 | 0.7 | — | 5.98% |
| FTDR | Frontdoor, Inc. | 2.57% | 20.8 | 14.5 | 2.5 | — | 4.34% |
| CZR | Caesars Entertainment, Inc. | 2.50% | — | 51.0 | 0.5 | — | −6.95% |
| URBN | Urban Outfitters, Inc. | 2.24% | 13.5 | 11.9 | 1.1 | — | 5.83% |
| LAUR | Laureate Education, Inc. | 2.24% | 17.6 | 15.3 | 2.9 | — | 4.49% |
| CAKE | The Cheesecake Factory Incorporated | 2.07% | 31.1 | 22.6 | 1.5 | 1.04% | 2.34% |
| SIG | Signet Jewelers Limited | 1.97% | 13.7 | 9.3 | 0.7 | 1.18% | 5.04% |
| LKQ | LKQ Corporation | 1.95% | 12.5 | 7.9 | 0.4 | 5.40% | 5.51% |
| MTH | Meritage Homes Corporation | 1.91% | 12.4 | 12.5 | 0.7 | 3.24% | 5.45% |
| SKY | Skyline Champion Corporation | 1.90% | 22.7 | 23.4 | 1.6 | — | 2.95% |
| CVSA | Covista Inc. | 1.89% | 16.9 | 13.6 | 2.2 | — | 3.94% |
| IBP | Installed Building Products, Inc. | 1.88% | 20.0 | 17.8 | 1.7 | 0.84% | 3.31% |
| CVCO | Cavco Industries, Inc. | 1.80% | 22.7 | 29.5 | 1.7 | — | 2.80% |
| KTB | Kontoor Brands, Inc. | 1.72% | 17.9 | 14.5 | 1.2 | 2.89% | 3.39% |
| ASO | Academy Sports and Outdoors, Inc. | 1.68% | 9.8 | 7.3 | 0.6 | 1.02% | 6.02% |
| ADT | ADT Inc. | 1.58% | 9.4 | 6.3 | 1.0 | 3.20% | 5.92% |
| BOOT | Boot Barn Holdings, Inc. | 1.49% | 15.4 | 14.4 | 1.6 | — | 3.42% |
| LRN | Stride, Inc. | 1.49% | 11.5 | 8.6 | 1.4 | — | 4.54% |
| DORM | Dorman Products, Inc. | 1.47% | 17.2 | 13.5 | 1.7 | — | 3.02% |
| BFAM | Bright Horizons Family Solutions Inc. | 1.46% | 22.5 | 22.6 | 1.1 | — | 2.29% |
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 PSCD valuation
Adding up its 83 holdings with company data, PSCD trades at 34.5 times trailing earnings and 12.2 times analysts' forward estimates, with a price-to-book ratio of 1.94 and a dividend yield of 1.10%. Its earnings yield of 2.90% is 2.43 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 28.5% of the fund and earn 41.1% of its combined profit. By sector, Healthcare is the most expensive at 389.0 times earnings and Real Estate the cheapest at 12.0. Companies that lost money over the past year are 9.1% 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 97.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: PSCD chart, PSCD performance, PSCD holdings, PSCD dividends.
PSCD valuation FAQ
What is the P/E ratio of PSCD?
Based on its holdings, PSCD has a trailing P/E of 34.5 and a forward P/E of 12.2 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of PSCD?
The trailing earnings yield is 2.90% (1 ÷ P/E) and the forward earnings yield 8.23%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is PSCD more expensive than the S&P 500?
PSCD trades at 34.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 12.2 and 19.9.
What is the price-to-book ratio of PSCD?
The holdings of PSCD trade at 1.94 times book value, with a combined return on equity of 5.6%.
Which sector in PSCD has the highest P/E?
Healthcare has the highest P/E at 389.0 and Real Estate the lowest at 12.0.