SPDR S&P Kensho Final Frontiers (ROKT) Valuation
ROKT valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 58.4 trailing earnings
- Forward P/E
- 20.0 analyst estimates
- Price / sales
- 2.08
- Price / book
- 4.05
- EV / EBITDA
- 15.1
- Earnings yield
- 1.71% inverse of P/E
- Dividend yield
- 0.72% of the holdings
- Return on equity
- 6.9% combined
- Net margin
- 3.6% combined
- Beta
- 0.98 weighted, vs S&P 500
ROKT valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| ROKT | 58.4 | 20.0 | 2.08 | 4.05 | 0.72% | 6.9% | 3.6% | 24.6% |
| 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.
ROKT valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Industrials | 64.7% | 109.1 | 21.6 | 2.22 | 4.27 | 0.90% | 3.9% |
| Technology | 20.5% | 31.4 | 17.7 | 2.02 | 3.21 | 0.43% | 10.2% |
| Energy | 10.8% | 29.2 | 17.3 | 1.38 | 4.05 | 0.06% | 13.9% |
| Communication Services | 3.5% | 49.7 | 24.5 | 5.25 | 10.83 | 1.37% | 21.8% |
ROKT 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 ROKT weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
ROKT largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| FET | Forum Energy Technologies, Inc. | 4.84% | — | 15.1 | 1.1 | — | −0.59% |
| LMT | Lockheed Martin Corporation | 4.28% | 20.3 | 16.2 | 1.7 | 2.61% | 12.64% |
| RTX | RTX Corporation | 4.02% | 34.1 | 24.6 | 2.8 | 1.51% | 7.08% |
| TDY | Teledyne Technologies Incorporated | 3.93% | 29.9 | 23.6 | 4.5 | — | 7.90% |
| NOC | Northrop Grumman Corporation | 3.81% | 16.5 | 17.0 | 1.7 | 1.90% | 13.86% |
| DCO | Ducommun Incorporated | 3.69% | — | 31.5 | 3.0 | — | −2.40% |
| OII | Oceaneering International, Inc. | 3.56% | 12.7 | 18.8 | 1.5 | — | 16.90% |
| HEI | HEICO Corporation | 3.55% | 51.6 | 42.6 | 8.4 | 0.08% | 4.14% |
| IRDM | Iridium Communications Inc | 3.53% | 49.7 | 24.5 | 5.2 | 1.37% | 4.26% |
| MOG.A | Moog Inc. | 3.47% | 31.1 | 31.7 | 2.7 | 0.33% | 6.70% |
| HXL | Hexcel Corporation | 3.40% | 45.6 | 20.3 | 3.4 | 0.80% | 4.48% |
| BA | The Boeing Company | 3.21% | 67.9 | 49.5 | 1.6 | — | 2.85% |
| LHX | L3Harris Technologies, Inc. | 3.19% | 25.1 | 17.9 | 2.0 | 2.01% | 7.66% |
| KBR | KBR, Inc. | 3.04% | 10.9 | 8.1 | 0.6 | 1.81% | 16.73% |
| LDOS | Leidos Holdings, Inc. | 2.98% | 11.7 | 9.6 | 0.9 | 1.38% | 15.38% |
| GD | General Dynamics Corporation | 2.77% | 21.0 | 18.5 | 1.7 | 1.85% | 7.94% |
| ESE | ESCO Technologies Inc. | 2.74% | 46.2 | 25.4 | 5.0 | 0.13% | 3.56% |
| HII | Huntington Ingalls Industries, Inc. | 2.55% | 16.2 | 12.6 | 0.8 | 2.03% | 9.46% |
| VSAT | Viasat, Inc. | 2.55% | — | 144.9 | 1.8 | — | −0.55% |
| TDG | TransDigm Group Incorporated | 2.53% | 34.6 | 23.1 | 6.3 | — | 4.41% |
| APH | Amphenol Corporation | 2.53% | 39.7 | 24.6 | 6.7 | 0.63% | 3.83% |
| ADI | Analog Devices, Inc. | 2.44% | 47.0 | 23.2 | 13.8 | 1.11% | 3.12% |
| FTI | TechnipFMC plc | 2.36% | 24.3 | 21.3 | 2.6 | 0.29% | 5.86% |
| ESLT | Elbit Systems Ltd | 2.36% | — | — | — | — | — |
| PSN | Parsons Corporation | 2.25% | 30.4 | 14.7 | 0.7 | — | 4.45% |
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 ROKT valuation
Adding up its 35 holdings with company data, ROKT trades at 58.4 times trailing earnings and 20.0 times analysts' forward estimates, with a price-to-book ratio of 4.05 and a dividend yield of 0.72%. Its earnings yield of 1.71% is 3.61 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 38.7% of the fund and earn 70.5% of its combined profit. By sector, Industrials is the most expensive at 109.1 times earnings and Energy the cheapest at 29.2. Companies that lost money over the past year are 24.6% 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 96.2% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: ROKT chart, ROKT performance, ROKT holdings, ROKT dividends.
ROKT valuation FAQ
What is the P/E ratio of ROKT?
Based on its holdings, ROKT has a trailing P/E of 58.4 and a forward P/E of 20.0 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of ROKT?
The trailing earnings yield is 1.71% (1 ÷ P/E) and the forward earnings yield 5.00%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is ROKT more expensive than the S&P 500?
ROKT trades at 58.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 20.0 and 19.9.
What is the price-to-book ratio of ROKT?
The holdings of ROKT trade at 4.05 times book value, with a combined return on equity of 6.9%.
Which sector in ROKT has the highest P/E?
Industrials has the highest P/E at 109.1 and Energy the lowest at 29.2.