Invesco S&P MidCap 400 Pure Value ETF (RFV) Valuation
RFV valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 17.6 trailing earnings
- Forward P/E
- 9.3 analyst estimates
- Price / sales
- 0.46
- Price / book
- 1.36
- EV / EBITDA
- 7.7
- Earnings yield
- 5.69% inverse of P/E
- Dividend yield
- 1.90% of the holdings
- Return on equity
- 7.8% combined
- Net margin
- 2.6% combined
- Beta
- 0.97 weighted, vs S&P 500
RFV valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| RFV | 17.6 | 9.3 | 0.46 | 1.36 | 1.90% | 7.8% | 2.6% | 10.9% |
| 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.
RFV valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Consumer Cyclical | 23.1% | 14.7 | 9.6 | 0.38 | 1.35 | 2.13% | 9.2% |
| Energy | 17.3% | 11.1 | 9.3 | 0.58 | 1.28 | 1.97% | 11.5% |
| Financial Services | 17.2% | 10.4 | 7.6 | 1.18 | 1.02 | 2.42% | 9.8% |
| Technology | 12.1% | 16.6 | 6.9 | 0.29 | 1.86 | 0.78% | 11.2% |
| Industrials | 10.4% | n/m | 11.9 | 0.44 | 2.14 | 0.73% | −3.0% |
| Consumer Defensive | 6.3% | 22.7 | 11.6 | 0.26 | 2.26 | 1.07% | 10.0% |
| Basic Materials | 4.8% | n/m | 11.6 | 0.60 | 1.38 | 1.78% | −4.2% |
| Real Estate | 4.1% | n/m | 18.6 | 1.32 | 1.01 | 5.78% | −0.9% |
| Healthcare | 2.5% | 163.1 | 18.4 | 0.31 | 1.98 | 0.00% | 1.2% |
| Communication Services | 1.7% | 10.8 | 8.1 | 1.06 | 0.74 | 4.00% | 6.9% |
RFV 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 RFV weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
RFV largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| PBF | PBF Energy Inc. | 4.94% | 7.4 | 8.4 | 0.3 | 1.30% | 11.94% |
| DINO | HF Sinclair Corporation | 4.25% | 11.9 | 10.0 | 0.7 | 1.68% | 6.40% |
| AVT | Avnet, Inc. | 3.88% | 23.3 | 7.1 | 0.3 | 1.64% | 2.99% |
| ARW | Arrow Electronics, Inc. | 3.79% | 13.7 | 5.0 | 0.3 | — | 4.96% |
| SNX | TD SYNNEX Corporation | 2.56% | 15.0 | 12.7 | 0.3 | 0.78% | 3.06% |
| PK | Park Hotels & Resorts Inc. | 2.15% | — | 28.2 | 1.3 | 6.29% | −1.99% |
| CHRD | Chord Energy Corporation | 2.09% | 10.4 | — | 1.4 | 3.36% | 3.62% |
| LEA | Lear Corporation | 2.04% | 11.2 | 6.9 | 0.2 | 2.57% | 3.28% |
| MOH | Molina Healthcare, Inc. | 1.94% | — | 18.9 | 0.3 | — | 0.02% |
| HOG | Harley-Davidson, Inc. | 1.93% | 14.7 | 12.3 | 0.7 | 2.80% | 2.36% |
| RGA | Reinsurance Group of America, Incorporated | 1.88% | 11.7 | 7.7 | 0.7 | 1.47% | 2.88% |
| PVH | PVH Corp. | 1.87% | — | 6.3 | 0.4 | 0.18% | −1.38% |
| M | Macy's, Inc. | 1.86% | 8.8 | 9.4 | 0.3 | 3.19% | 3.81% |
| PAG | Penske Automotive Group, Inc. | 1.77% | 14.9 | 14.7 | 0.4 | 2.75% | 2.13% |
| SIRI | Sirius XM Holdings Inc | 1.67% | 10.8 | 8.1 | 1.1 | 4.00% | 2.78% |
| NOV | NOV Inc. | 1.64% | 70.1 | 15.6 | 0.8 | 1.90% | 0.42% |
| SN | SharkNinja, Inc. | 1.52% | 38.1 | 23.1 | 3.8 | — | 0.72% |
| LAD | Lithia Motors, Inc. | 1.50% | 9.8 | 7.9 | 0.2 | 0.95% | 2.77% |
| CLF | Cleveland-Cliffs Inc. | 1.42% | — | 16.0 | 0.4 | — | −3.39% |
| BHF | Brighthouse Financial, Inc. | 1.40% | 3.8 | 3.4 | 0.4 | — | 6.65% |
| OVV | Ovintiv Inc. | 1.34% | 19.3 | 9.0 | 2.0 | 1.73% | 1.24% |
| SON | Sonoco Products Company | 1.30% | 7.7 | 7.9 | 0.7 | 4.34% | 3.04% |
| FLR | Fluor Corporation | 1.30% | — | 16.5 | 0.4 | — | −5.91% |
| GEF | Greif, Inc. | 1.29% | 37.2 | 9.3 | 1.1 | 2.87% | 0.62% |
| PFGC | Performance Food Group Company | 1.16% | 42.7 | 16.6 | 0.2 | — | 0.49% |
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 RFV valuation
Adding up its 92 holdings with company data, RFV trades at 17.6 times trailing earnings and 9.3 times analysts' forward estimates, with a price-to-book ratio of 1.36 and a dividend yield of 1.90%. Its earnings yield of 5.69% is 0.37 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 29.6% of the fund and earn 36.6% of its combined profit. By sector, Healthcare is the most expensive at 163.1 times earnings and Financial Services the cheapest at 10.4. Companies that lost money over the past year are 10.9% 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 98.1% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: RFV chart, RFV performance, RFV holdings, RFV dividends.
RFV valuation FAQ
What is the P/E ratio of RFV?
Based on its holdings, RFV has a trailing P/E of 17.6 and a forward P/E of 9.3 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of RFV?
The trailing earnings yield is 5.69% (1 ÷ P/E) and the forward earnings yield 10.77%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is RFV more expensive than the S&P 500?
RFV trades at 17.6 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 9.3 and 19.9.
What is the price-to-book ratio of RFV?
The holdings of RFV trade at 1.36 times book value, with a combined return on equity of 7.8%.
Which sector in RFV has the highest P/E?
Healthcare has the highest P/E at 163.1 and Financial Services the lowest at 10.4.