American Century U.S. Quality Growth ETF (QGRO) Valuation
QGRO valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 24.3 trailing earnings
- Forward P/E
- 18.7 analyst estimates
- Price / sales
- 3.48
- Price / book
- 8.47
- EV / EBITDA
- 17.2
- Earnings yield
- 4.11% inverse of P/E
- Dividend yield
- 0.57% of the holdings
- Return on equity
- 34.9% combined
- Net margin
- 14.3% combined
- Beta
- 1.17 weighted, vs S&P 500
QGRO valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| QGRO | 24.3 | 18.7 | 3.48 | 8.47 | 0.57% | 34.9% | 14.3% | 0.5% |
| 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.
QGRO valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 46.2% | 25.9 | 20.0 | 5.98 | 10.72 | 0.39% | 41.4% |
| Healthcare | 14.1% | 30.4 | 19.4 | 3.38 | 8.15 | 0.48% | 26.8% |
| Consumer Cyclical | 11.7% | 19.1 | 15.9 | 2.22 | 7.48 | 0.71% | 39.1% |
| Industrials | 10.2% | 26.3 | 21.3 | 2.51 | 8.02 | 1.26% | 30.5% |
| Communication Services | 7.2% | 21.3 | 20.7 | 6.62 | 7.38 | 0.30% | 34.7% |
| Financial Services | 5.7% | 25.0 | 19.5 | 5.96 | 12.44 | 0.76% | 49.8% |
| Real Estate | 1.4% | 15.4 | 10.9 | 0.54 | 2.11 | 0.11% | 13.7% |
| Energy | 1.4% | 16.6 | 7.3 | 0.90 | 4.08 | 1.08% | 24.5% |
| Consumer Defensive | 1.3% | 26.1 | 19.9 | 1.49 | 8.39 | 0.83% | 32.2% |
| Basic Materials | 0.3% | 15.0 | 11.6 | 4.85 | 3.80 | 0.88% | 25.4% |
| Utilities | 0.2% | 5.8 | 8.2 | 1.11 | 1.18 | 6.28% | 20.5% |
QGRO 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 QGRO weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
QGRO largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AAPL | Apple Inc. | 4.02% | 39.4 | 35.2 | 10.7 | 0.31% | 2.49% |
| MA | Mastercard Incorporated | 3.59% | 34.0 | 24.2 | 15.4 | 0.56% | 2.58% |
| LLY | Eli Lilly and Company | 3.27% | 42.2 | 24.4 | 14.1 | 0.55% | 1.89% |
| MSFT | Microsoft Corporation | 3.14% | 29.5 | 25.1 | 11.8 | 0.74% | 2.60% |
| GOOGL | Alphabet Inc. | 3.04% | 17.1 | 22.8 | 9.3 | 0.26% | 4.33% |
| AMZN | Amazon.com, Inc. | 2.91% | 20.1 | 23.6 | 3.5 | — | 3.53% |
| PLTR | Palantir Technologies Inc. | 2.82% | 160.4 | 85.5 | 72.6 | — | 0.43% |
| LMT | Lockheed Martin Corporation | 2.50% | 20.3 | 16.2 | 1.7 | 2.61% | 3.00% |
| ANET | Arista Networks, Inc. | 2.40% | 55.8 | 39.2 | 21.2 | — | 1.05% |
| APH | Amphenol Corporation | 2.35% | 39.7 | 24.6 | 6.7 | 0.63% | 1.44% |
| BKNG | Booking Holdings Inc. | 2.33% | 18.1 | 13.3 | 4.3 | 1.03% | 3.13% |
| CRM | Salesforce, Inc. | 2.07% | 22.0 | 14.0 | 4.5 | 0.73% | 2.30% |
| TXN | Texas Instruments Incorporated | 2.00% | 42.1 | 27.5 | 13.0 | 2.20% | 1.16% |
| MU | Micron Technology, Inc. | 1.96% | 11.8 | 7.0 | 7.5 | 0.07% | 4.04% |
| ADBE | Adobe Inc. | 1.68% | 13.7 | 8.7 | 3.7 | — | 3.00% |
| STX | Seagate Technology Holdings plc | 1.68% | 46.0 | 25.7 | 11.9 | 0.46% | 0.89% |
| WDC | Western Digital Corporation | 1.65% | 12.3 | 22.8 | 9.6 | 0.18% | 3.26% |
| DELL | Dell Technologies Inc. | 1.63% | 26.3 | 21.3 | 1.9 | 0.56% | 1.51% |
| MEDP | Medpace Holdings, Inc. | 1.59% | 36.3 | 31.9 | 6.2 | — | 1.07% |
| ISRG | Intuitive Surgical, Inc. | 1.52% | 48.9 | 33.3 | 13.7 | — | 0.76% |
| EXEL | Exelixis, Inc. | 1.50% | 19.6 | 13.6 | 6.3 | — | 1.86% |
| INCY | Incyte Corporation | 1.45% | 14.4 | 14.7 | 3.9 | — | 2.46% |
| META | Meta Platforms, Inc. | 1.36% | 26.7 | 22.1 | 7.9 | 0.30% | 1.24% |
| JLL | Jones Lang LaSalle Incorporated | 1.35% | 14.7 | 10.4 | 0.5 | — | 2.25% |
| EXPE | Expedia Group, Inc. | 1.27% | 18.0 | 11.3 | 2.2 | 0.66% | 1.72% |
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 QGRO valuation
Adding up its 184 holdings with company data, QGRO trades at 24.3 times trailing earnings and 18.7 times analysts' forward estimates, with a price-to-book ratio of 8.47 and a dividend yield of 0.57%. Its earnings yield of 4.11% is 1.21 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 30.0% of the fund and earn 23.3% of its combined profit. By sector, Healthcare is the most expensive at 30.4 times earnings and Utilities the cheapest at 5.8. Companies that lost money over the past year are 0.5% 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 99.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: QGRO chart, QGRO performance, QGRO holdings, QGRO dividends.
QGRO valuation FAQ
What is the P/E ratio of QGRO?
Based on its holdings, QGRO has a trailing P/E of 24.3 and a forward P/E of 18.7 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of QGRO?
The trailing earnings yield is 4.11% (1 ÷ P/E) and the forward earnings yield 5.34%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is QGRO more expensive than the S&P 500?
QGRO trades at 24.3 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 18.7 and 19.9.
What is the price-to-book ratio of QGRO?
The holdings of QGRO trade at 8.47 times book value, with a combined return on equity of 34.9%.
Which sector in QGRO has the highest P/E?
Healthcare has the highest P/E at 30.4 and Utilities the lowest at 5.8.