AAM Sawgrass U.S. Small Cap Quality Growth ETF (SAWS) Valuation
SAWS valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 27.7 trailing earnings
- Forward P/E
- 17.8 analyst estimates
- Price / sales
- 0.82
- Price / book
- 3.90
- EV / EBITDA
- 15.2
- Earnings yield
- 3.62% inverse of P/E
- Dividend yield
- 0.44% of the holdings
- Return on equity
- 14.1% combined
- Net margin
- 3.0% combined
- Beta
- 1.06 weighted, vs S&P 500
SAWS valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SAWS | 27.7 | 17.8 | 0.82 | 3.90 | 0.44% | 14.1% | 3.0% | 6.2% |
| 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.
SAWS valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Healthcare | 29.1% | 42.7 | 28.0 | 2.50 | 5.95 | 0.11% | 13.9% |
| Industrials | 20.4% | 31.2 | 17.8 | 1.94 | 4.47 | 0.62% | 14.3% |
| Technology | 15.9% | 35.7 | 17.0 | 1.82 | 4.10 | 0.19% | 11.5% |
| Financial Services | 11.1% | 14.0 | 9.8 | 0.13 | 2.02 | 0.59% | 14.4% |
| Consumer Defensive | 6.3% | 27.9 | 22.2 | 1.17 | 4.35 | 0.44% | 15.6% |
| Consumer Cyclical | 6.2% | 25.2 | 19.8 | 2.82 | 3.95 | 0.40% | 15.6% |
| Energy | 5.8% | 14.6 | 10.6 | 1.86 | 2.11 | 2.39% | 14.4% |
| Basic Materials | 2.3% | 13.7 | 14.6 | 1.89 | 2.24 | 0.00% | 16.4% |
| Communication Services | 2.2% | 64.2 | 28.1 | 4.91 | 12.74 | 0.00% | 19.8% |
SAWS 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 SAWS weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SAWS largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| PSMT | PriceSmart, Inc. | 3.36% | 32.7 | 27.5 | 0.9 | 0.82% | 2.98% |
| IRMD | IRadimed Corporation | 3.25% | 49.3 | 41.2 | 13.1 | 0.91% | 1.91% |
| SNEX | StoneX Group Inc. | 3.20% | 18.9 | 9.8 | 0.0 | — | 4.89% |
| BTSG | BrightSpring Health Services, Inc. | 3.07% | 53.9 | 22.2 | 0.8 | — | 1.65% |
| DGII | Digi International Inc. | 2.91% | 55.5 | 23.9 | 5.2 | — | 1.52% |
| GRDN | Guardian Pharmacy Services, Inc. | 2.82% | 38.3 | 30.2 | 1.7 | — | 2.13% |
| BVS | Bioventus Inc. | 2.76% | 17.1 | 14.8 | 1.6 | — | 4.69% |
| GRC | The Gorman-Rupp Company | 2.62% | 30.3 | 24.0 | 2.7 | 1.06% | 2.51% |
| MLI | Mueller Industries, Inc. | 2.27% | 15.6 | 18.2 | 2.9 | 1.17% | 4.20% |
| SANM | Sanmina Corporation | 2.06% | 31.4 | 14.8 | 0.7 | — | 1.90% |
| CDNA | CareDx, Inc | 2.06% | 30.8 | 156.2 | 7.2 | — | 1.94% |
| KRYS | Krystal Biotech, Inc. | 1.99% | 39.7 | 46.9 | 21.3 | — | 1.46% |
| REPX | Riley Exploration Permian, Inc. | 1.76% | 8.7 | 5.4 | 2.2 | 3.29% | 5.89% |
| LAUR | Laureate Education, Inc. | 1.76% | 17.6 | 15.3 | 2.9 | — | 2.91% |
| MCRI | Monarch Casino & Resort, Inc. | 1.72% | 18.2 | 16.9 | 3.6 | 1.06% | 2.74% |
| KAR | KAR Auction Services Inc | 1.71% | — | — | — | — | — |
| GVA | Granite Construction Incorporated | 1.67% | — | 13.9 | 1.0 | 0.47% | −1.91% |
| AEIS | Advanced Energy Industries, Inc. | 1.67% | 44.1 | 19.7 | 4.7 | 0.17% | 1.10% |
| PNTG | The Pennant Group, Inc. | 1.64% | 46.0 | 25.4 | 1.3 | — | 1.03% |
| BFH | Bread Financial Holdings, Inc. | 1.64% | 8.0 | 7.6 | 1.5 | 0.90% | 5.98% |
| AIT | Applied Industrial Technologies, Inc. | 1.63% | 30.2 | 27.8 | 2.4 | 0.62% | 1.57% |
| ESE | ESCO Technologies Inc. | 1.62% | 46.2 | 25.4 | 5.0 | 0.13% | 1.01% |
| LFST | LifeStance Health Group, Inc. | 1.58% | 90.3 | 52.6 | 2.8 | — | 0.51% |
| MG | Mistras Group, Inc. | 1.58% | 25.9 | 16.6 | 0.9 | — | 1.77% |
| AZZ | AZZ Inc. | 1.58% | 23.3 | 20.3 | 2.2 | 0.74% | 1.96% |
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 SAWS valuation
Adding up its 68 holdings with company data, SAWS trades at 27.7 times trailing earnings and 17.8 times analysts' forward estimates, with a price-to-book ratio of 3.90 and a dividend yield of 0.44%. Its earnings yield of 3.62% is 1.71 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 28.3% of the fund and earn 28.4% of its combined profit. By sector, Communication Services is the most expensive at 64.2 times earnings and Basic Materials the cheapest at 13.7. Companies that lost money over the past year are 6.2% 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 95.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SAWS chart, SAWS performance, SAWS holdings, SAWS dividends.
SAWS valuation FAQ
What is the P/E ratio of SAWS?
Based on its holdings, SAWS has a trailing P/E of 27.7 and a forward P/E of 17.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SAWS?
The trailing earnings yield is 3.62% (1 ÷ P/E) and the forward earnings yield 5.62%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SAWS more expensive than the S&P 500?
SAWS trades at 27.7 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 17.8 and 19.9.
What is the price-to-book ratio of SAWS?
The holdings of SAWS trade at 3.90 times book value, with a combined return on equity of 14.1%.
Which sector in SAWS has the highest P/E?
Communication Services has the highest P/E at 64.2 and Basic Materials the lowest at 13.7.