ProShares S&P MidCap 400 Dividend Aristocrats (REGL) Valuation
REGL valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 17.4 trailing earnings
- Forward P/E
- 14.1 analyst estimates
- Price / sales
- 1.57
- Price / book
- 2.00
- EV / EBITDA
- 11.9
- Earnings yield
- 5.75% inverse of P/E
- Dividend yield
- 2.45% of the holdings
- Return on equity
- 11.5% combined
- Net margin
- 9.0% combined
- Beta
- 0.74 weighted, vs S&P 500
REGL valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| REGL | 17.4 | 14.1 | 1.57 | 2.00 | 2.45% | 11.5% | 9.0% | 3.9% |
| 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.
REGL valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 31.4% | 11.4 | 11.0 | 1.88 | 1.58 | 2.26% | 13.8% |
| Industrials | 15.4% | 23.2 | 19.3 | 2.23 | 4.71 | 1.39% | 20.3% |
| Utilities | 14.0% | 20.1 | 15.9 | 2.47 | 1.53 | 3.70% | 7.6% |
| Consumer Cyclical | 10.0% | 17.8 | 11.9 | 0.49 | 1.81 | 2.49% | 10.2% |
| Basic Materials | 9.4% | 52.5 | 14.8 | 1.35 | 2.06 | 2.07% | 3.9% |
| Real Estate | 7.3% | 27.1 | 32.2 | 8.73 | 2.74 | 4.55% | 10.1% |
| Healthcare | 4.8% | 25.1 | 19.5 | 2.12 | 4.32 | 0.74% | 17.2% |
| Energy | 2.9% | 15.4 | 13.3 | 4.47 | 2.21 | 2.81% | 14.3% |
| Technology | 1.4% | n/m | 23.5 | 3.70 | 4.10 | 0.84% | −0.5% |
REGL 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 REGL weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
REGL largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| RGLD | Royal Gold, Inc. | 1.90% | 26.4 | 24.2 | 13.1 | 0.80% | 1.28% |
| RGA | Reinsurance Group of America, Incorporated | 1.87% | 11.7 | 7.7 | 0.7 | 1.47% | 2.82% |
| THG | The Hanover Insurance Group, Inc. | 1.85% | 11.2 | 11.1 | 1.2 | 1.63% | 2.94% |
| SCI | Service Corporation International | 1.78% | 21.3 | 16.9 | 2.5 | 1.77% | 1.48% |
| UNM | Unum Group | 1.76% | 21.5 | 8.5 | 1.1 | 2.19% | 1.45% |
| AFG | American Financial Group, Inc. | 1.76% | 13.0 | 11.5 | 1.5 | 2.60% | 2.39% |
| RLI | RLI Corp. | 1.76% | 12.8 | 20.5 | 2.8 | 1.18% | 2.42% |
| RS | Reliance Steel & Aluminum Co. | 1.75% | 23.9 | 16.4 | 1.3 | 1.22% | 1.30% |
| TTC | The Toro Company | 1.74% | 26.9 | 17.0 | 2.0 | 1.55% | 1.14% |
| RNR | RenaissanceRe Holdings Ltd. | 1.71% | 6.1 | 8.1 | 1.3 | 0.47% | 5.01% |
| CSL | Carlisle Companies Incorporated | 1.71% | 19.0 | 13.5 | 2.6 | 1.50% | 1.60% |
| SEIC | SEI Investments Company | 1.70% | 18.4 | 15.8 | 5.1 | 1.00% | 1.63% |
| BKH | Black Hills Corporation | 1.70% | 19.3 | 15.0 | 2.5 | 3.67% | 1.56% |
| WTRG | Essential Utilities, Inc. | 1.70% | 20.8 | 16.8 | 4.5 | 3.53% | 1.44% |
| SR | Spire Inc. | 1.68% | 23.8 | 14.9 | 1.8 | 4.02% | 1.25% |
| MSA | MSA Safety Incorporated | 1.68% | 22.3 | 19.6 | 3.5 | 1.21% | 1.33% |
| AVNT | Avient Corporation | 1.67% | 21.1 | 11.7 | 1.1 | 2.90% | 1.41% |
| LANC | Lancaster Colony Corporation | 1.63% | — | — | — | — | — |
| CHE | Chemed Corporation | 1.63% | 25.8 | 18.2 | 2.6 | 0.55% | 1.12% |
| UBSI | United Bankshares, Inc. | 1.63% | 12.7 | 13.6 | 5.1 | 3.26% | 2.27% |
| NWE | NorthWestern Corporation | 1.62% | 27.0 | 17.4 | 2.7 | 3.59% | 1.07% |
| CHDN | Churchill Downs Incorporated | 1.61% | 13.9 | 22.9 | 1.9 | 0.54% | 2.05% |
| LECO | Lincoln Electric Holdings, Inc. | 1.60% | 26.2 | 21.2 | 3.2 | 1.33% | 1.08% |
| ENSG | The Ensign Group, Inc. | 1.59% | 27.7 | 20.7 | 1.9 | 0.15% | 1.02% |
| ORI | Old Republic International Corporation | 1.58% | 8.8 | 11.4 | 1.0 | 3.18% | 3.19% |
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 REGL valuation
Adding up its 64 holdings with company data, REGL trades at 17.4 times trailing earnings and 14.1 times analysts' forward estimates, with a price-to-book ratio of 2.00 and a dividend yield of 2.45%. Its earnings yield of 5.75% is 0.42 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 17.9% of the fund and earn 22.2% of its combined profit. By sector, Basic Materials is the most expensive at 52.5 times earnings and Financial Services the cheapest at 11.4. Companies that lost money over the past year are 3.9% 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 98.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: REGL chart, REGL performance, REGL holdings, REGL dividends.
REGL valuation FAQ
What is the P/E ratio of REGL?
Based on its holdings, REGL has a trailing P/E of 17.4 and a forward P/E of 14.1 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of REGL?
The trailing earnings yield is 5.75% (1 ÷ P/E) and the forward earnings yield 7.07%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is REGL more expensive than the S&P 500?
REGL trades at 17.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 14.1 and 19.9.
What is the price-to-book ratio of REGL?
The holdings of REGL trade at 2.00 times book value, with a combined return on equity of 11.5%.
Which sector in REGL has the highest P/E?
Basic Materials has the highest P/E at 52.5 and Financial Services the lowest at 11.4.