Bahl & Gaynor Small Cap Dividend ETF (SCDV) Valuation
SCDV valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 26.8 trailing earnings
- Forward P/E
- 19.7 analyst estimates
- Price / sales
- 2.56
- Price / book
- 3.66
- EV / EBITDA
- 16.3
- Earnings yield
- 3.73% inverse of P/E
- Dividend yield
- 1.14% of the holdings
- Return on equity
- 13.6% combined
- Net margin
- 9.5% combined
- Beta
- 0.94 weighted, vs S&P 500
SCDV valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SCDV | 26.8 | 19.7 | 2.56 | 3.66 | 1.14% | 13.6% | 9.5% | 2.9% |
| 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.
SCDV valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Industrials | 25.6% | 29.7 | 23.0 | 3.09 | 5.39 | 0.65% | 18.2% |
| Healthcare | 20.8% | 28.5 | 20.1 | 2.02 | 4.48 | 0.58% | 15.8% |
| Financial Services | 12.7% | 14.3 | 10.2 | 1.55 | 1.87 | 1.83% | 13.1% |
| Technology | 11.4% | 47.3 | 24.2 | 4.74 | 5.68 | 0.90% | 12.0% |
| Consumer Cyclical | 8.4% | 25.9 | 19.1 | 2.08 | 8.52 | 1.56% | 32.9% |
| Real Estate | 6.5% | 45.0 | 52.5 | 5.39 | 2.57 | 2.24% | 5.7% |
| Basic Materials | 4.8% | 34.7 | 25.9 | 4.08 | 4.25 | 0.87% | 12.3% |
| Utilities | 3.8% | 21.3 | 17.8 | 3.44 | 1.73 | 2.44% | 8.1% |
| Consumer Defensive | 3.1% | 26.7 | 25.5 | 1.30 | 4.05 | 1.73% | 15.2% |
| Energy | 2.1% | 27.1 | 22.1 | 9.63 | 2.69 | 2.85% | 9.9% |
| Communication Services | 1.3% | 28.2 | 21.1 | 3.70 | 5.16 | 1.36% | 18.3% |
SCDV 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 SCDV weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SCDV largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| ENSG | The Ensign Group, Inc. | 9.86% | 27.7 | 20.7 | 1.9 | 0.15% | 9.89% |
| CHE | Chemed Corporation | 5.76% | 25.8 | 18.2 | 2.6 | 0.55% | 6.20% |
| AHR | American Healthcare REIT, Inc. | 5.13% | 79.4 | 48.1 | 4.6 | 1.88% | 1.79% |
| FSS | Federal Signal Corporation | 5.04% | 24.2 | 19.8 | 2.8 | 0.53% | 5.78% |
| VCTR | Victory Capital Holdings, Inc. | 4.46% | 19.9 | 12.7 | 4.3 | 1.84% | 6.24% |
| NPO | EnPro Industries, Inc. | 3.95% | 136.4 | 28.1 | 4.9 | 0.46% | 0.80% |
| GIL | Gildan Activewear Inc. | 3.85% | — | — | — | — | — |
| RGA | Reinsurance Group of America, Incorporated | 3.51% | 11.7 | 7.7 | 0.7 | 1.47% | 8.29% |
| AIT | Applied Industrial Technologies, Inc. | 3.47% | 30.2 | 27.8 | 2.4 | 0.62% | 3.19% |
| SIMO | Silicon Motion Technology Corporation | 3.20% | 27.3 | 19.6 | 5.5 | 1.09% | 3.26% |
| TXRH | Texas Roadhouse, Inc. | 3.05% | 26.9 | 21.0 | 1.8 | 1.78% | 3.14% |
| TTEK | Tetra Tech, Inc. | 3.01% | 20.9 | 19.9 | 2.0 | 0.83% | 3.99% |
| EVR | Evercore Inc. | 2.90% | 14.3 | 12.2 | 2.1 | 1.40% | 5.64% |
| ENTG | Entegris, Inc. | 2.83% | 69.4 | 31.6 | 6.4 | 0.29% | 1.13% |
| LFUS | Littelfuse, Inc. | 2.81% | — | 23.5 | 3.7 | 0.84% | −0.10% |
| CPK | Chesapeake Utilities Corporation | 2.69% | 21.1 | 17.9 | 3.4 | 2.22% | 3.55% |
| BCPC | Balchem Corporation | 2.61% | 33.6 | 29.3 | 5.0 | 0.56% | 2.16% |
| BMI | Badger Meter, Inc. | 2.56% | 29.6 | 26.2 | 4.2 | 1.39% | 2.40% |
| MSA | MSA Safety Incorporated | 2.54% | 22.3 | 19.6 | 3.5 | 1.21% | 3.17% |
| BWXT | BWX Technologies, Inc. | 2.26% | 35.5 | 27.0 | 3.6 | 0.77% | 1.76% |
| SXT | Sensient Technologies Corporation | 2.20% | 36.0 | 22.7 | 3.3 | 1.23% | 1.70% |
| AWI | Armstrong World Industries, Inc. | 2.08% | 23.0 | 17.1 | 4.2 | 0.81% | 2.51% |
| DTM | DT Midstream, Inc. | 2.07% | 27.1 | 22.1 | 9.6 | 2.85% | 2.12% |
| EHC | Encompass Health Corporation | 2.04% | 21.4 | 18.9 | 2.0 | 0.66% | 2.65% |
| USPH | U.S. Physical Therapy, Inc. | 1.98% | 476.2 | 27.2 | 1.6 | 2.15% | 0.12% |
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 SCDV valuation
Adding up its 35 holdings with company data, SCDV trades at 26.8 times trailing earnings and 19.7 times analysts' forward estimates, with a price-to-book ratio of 3.66 and a dividend yield of 1.14%. Its earnings yield of 3.73% is 1.60 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 48.2% of the fund and earn 48.6% of its combined profit. By sector, Technology is the most expensive at 47.3 times earnings and Financial Services the cheapest at 14.3. Companies that lost money over the past year are 2.9% 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 96.2% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SCDV chart, SCDV performance, SCDV holdings, SCDV dividends.
SCDV valuation FAQ
What is the P/E ratio of SCDV?
Based on its holdings, SCDV has a trailing P/E of 26.8 and a forward P/E of 19.7 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SCDV?
The trailing earnings yield is 3.73% (1 ÷ P/E) and the forward earnings yield 5.08%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SCDV more expensive than the S&P 500?
SCDV trades at 26.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 19.7 and 19.9.
What is the price-to-book ratio of SCDV?
The holdings of SCDV trade at 3.66 times book value, with a combined return on equity of 13.6%.
Which sector in SCDV has the highest P/E?
Technology has the highest P/E at 47.3 and Financial Services the lowest at 14.3.