Invesco S&P 500 Pure Value ETF (RPV) Valuation
RPV valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 25.8 trailing earnings
- Forward P/E
- 10.2 analyst estimates
- Price / sales
- 0.61
- Price / book
- 1.61
- EV / EBITDA
- 9.5
- Earnings yield
- 3.88% inverse of P/E
- Dividend yield
- 2.50% of the holdings
- Return on equity
- 6.3% combined
- Net margin
- 2.4% combined
- Beta
- 0.79 weighted, vs S&P 500
RPV valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| RPV | 25.8 | 10.2 | 0.61 | 1.61 | 2.50% | 6.3% | 2.4% | 15.3% |
| 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.
RPV valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Healthcare | 19.3% | 203.3 | 12.0 | 0.34 | 1.99 | 1.24% | 1.0% |
| Financial Services | 18.1% | 12.1 | 9.4 | 1.46 | 1.33 | 2.70% | 11.0% |
| Energy | 13.1% | 16.8 | 9.4 | 1.24 | 2.62 | 1.76% | 15.6% |
| Consumer Defensive | 12.1% | 33.5 | 12.5 | 0.40 | 1.71 | 3.22% | 5.1% |
| Consumer Cyclical | 10.0% | n/m | 9.5 | 0.49 | 1.59 | 3.21% | 0.0% |
| Basic Materials | 7.6% | n/m | 12.0 | 0.75 | 1.36 | 3.47% | −3.5% |
| Industrials | 5.9% | 17.8 | 9.0 | 0.82 | 1.69 | 1.63% | 9.5% |
| Communication Services | 4.3% | 8.2 | 6.3 | 0.72 | 1.25 | 3.72% | 15.3% |
| Technology | 3.8% | 18.4 | 10.8 | 0.98 | 1.28 | 1.55% | 7.0% |
| Utilities | 3.6% | 9.5 | 9.7 | 1.41 | 1.43 | 3.99% | 15.0% |
| Real Estate | 1.3% | n/m | 12.1 | 3.15 | 0.65 | 7.21% | −4.0% |
RPV 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 RPV weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
RPV largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| CNC | Centene Corporation | 2.94% | — | 11.2 | 0.2 | — | −11.60% |
| HUM | Humana Inc. | 2.41% | 39.1 | 24.3 | 0.3 | 0.86% | 1.61% |
| PSX | Phillips 66 | 2.24% | 16.8 | 9.7 | 0.8 | 1.81% | 3.50% |
| ADM | Archer-Daniels-Midland Company | 2.23% | 22.6 | 15.6 | 0.5 | 2.52% | 2.58% |
| VLO | Valero Energy Corporation | 2.22% | 18.5 | 10.2 | 1.0 | 1.08% | 3.13% |
| MPC | Marathon Petroleum Corporation | 2.11% | 16.6 | 5.5 | 0.9 | 0.84% | 3.34% |
| BG | Bunge Limited | 2.04% | 21.1 | 9.6 | 0.2 | 2.71% | 2.53% |
| DOW | Dow Inc. | 1.97% | — | 14.1 | 0.5 | 4.68% | −3.17% |
| CVS | CVS Health Corporation | 1.89% | 24.3 | 10.7 | 0.3 | 2.88% | 2.03% |
| HPE | Hewlett Packard Enterprise Company | 1.87% | 28.4 | 13.6 | 1.7 | 1.03% | 1.72% |
| TGT | Target Corporation | 1.76% | 16.0 | 15.6 | 0.7 | 3.01% | 2.88% |
| ELV | Elevance Health Inc. | 1.76% | 19.0 | 13.7 | 0.5 | 1.61% | 2.42% |
| CI | Cigna Corporation | 1.73% | 12.5 | 8.3 | 0.3 | 2.06% | 3.63% |
| EG | Everest Group, Ltd. | 1.67% | 8.2 | 6.2 | 0.9 | 2.06% | 5.31% |
| LYB | LyondellBasell Industries N.V. | 1.64% | — | 9.1 | 0.7 | 4.31% | −0.56% |
| GM | General Motors Company | 1.60% | 37.7 | 5.6 | 0.4 | 0.86% | 1.11% |
| F | Ford Motor Company | 1.58% | — | 7.0 | 0.3 | 4.83% | −6.13% |
| TSN | Tyson Foods, Inc. | 1.50% | 33.9 | 11.2 | 0.3 | 3.72% | 1.16% |
| SW | Smurfit WestRock plc | 1.46% | 43.3 | 13.8 | 0.7 | 4.40% | 0.88% |
| APA | APA Corporation | 1.35% | 10.4 | 9.4 | 2.0 | 2.03% | 3.40% |
| DD | DuPont de Nemours, Inc. | 1.33% | 35.1 | 16.5 | 2.5 | 1.84% | 0.99% |
| VTRS | Viatris Inc. | 1.29% | — | 6.4 | 1.5 | 2.57% | −0.65% |
| SWK | Stanley Black & Decker, Inc. | 1.29% | 22.6 | 14.5 | 0.9 | 3.63% | 1.49% |
| KR | The Kroger Co. | 1.27% | 35.4 | 11.3 | 0.3 | 2.45% | 0.94% |
| MOS | The Mosaic Company | 1.23% | — | 9.4 | 0.5 | 4.68% | −3.45% |
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 RPV valuation
Adding up its 114 holdings with company data, RPV trades at 25.8 times trailing earnings and 10.2 times analysts' forward estimates, with a price-to-book ratio of 1.61 and a dividend yield of 2.50%. Its earnings yield of 3.88% is 1.45 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 21.9% of the fund and earn 5.7% of its combined profit. By sector, Healthcare is the most expensive at 203.3 times earnings and Communication Services the cheapest at 8.2. Companies that lost money over the past year are 15.3% 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 98.9% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: RPV chart, RPV performance, RPV holdings, RPV dividends.
RPV valuation FAQ
What is the P/E ratio of RPV?
Based on its holdings, RPV has a trailing P/E of 25.8 and a forward P/E of 10.2 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of RPV?
The trailing earnings yield is 3.88% (1 ÷ P/E) and the forward earnings yield 9.80%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is RPV more expensive than the S&P 500?
RPV trades at 25.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 10.2 and 19.9.
What is the price-to-book ratio of RPV?
The holdings of RPV trade at 1.61 times book value, with a combined return on equity of 6.3%.
Which sector in RPV has the highest P/E?
Healthcare has the highest P/E at 203.3 and Communication Services the lowest at 8.2.