Schwab U.S. Small-Cap ETF (SCHA) Valuation
SCHA valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 147.4 trailing earnings
- Forward P/E
- 13.9 analyst estimates
- Price / sales
- 1.27
- Price / book
- 2.11
- EV / EBITDA
- 9.5
- Earnings yield
- 0.68% inverse of P/E
- Dividend yield
- 1.41% of the holdings
- Return on equity
- 1.4% combined
- Net margin
- 0.9% combined
- Beta
- 1.16 weighted, vs S&P 500
SCHA valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SCHA | 147.4 | 13.9 | 1.27 | 2.11 | 1.41% | 1.4% | 0.9% | 24.5% |
| 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.
SCHA valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 17.7% | 32.4 | 10.7 | 1.48 | 1.45 | 2.23% | 4.5% |
| Healthcare | 16.9% | n/m | 16.0 | 2.61 | 4.06 | 0.07% | −16.0% |
| Technology | 14.9% | 628.3 | 16.3 | 1.76 | 3.29 | 0.24% | 0.5% |
| Industrials | 14.0% | 145.2 | 15.8 | 1.09 | 2.62 | 0.90% | 1.8% |
| Consumer Cyclical | 11.1% | 36.2 | 11.9 | 0.67 | 2.27 | 1.30% | 6.3% |
| Real Estate | 6.7% | 91.3 | 21.8 | 2.70 | 1.44 | 5.32% | 1.6% |
| Energy | 5.4% | 23.4 | 11.2 | 1.05 | 1.48 | 2.24% | 6.3% |
| Basic Materials | 4.1% | n/m | 13.3 | 1.02 | 2.25 | 1.17% | −3.5% |
| Consumer Defensive | 3.0% | 36.1 | 12.6 | 0.52 | 1.86 | 1.30% | 5.2% |
| Communication Services | 2.8% | n/m | 15.9 | 1.11 | 1.24 | 0.89% | −6.1% |
| Utilities | 2.5% | 20.8 | 15.9 | 2.02 | 1.62 | 3.21% | 7.8% |
| Information Technology | 0.1% | n/m | 45.0 | 20.20 | 2.74 | 0.00% | −2.7% |
| Services | 0.1% | 21.5 | 15.1 | 1.26 | 2.69 | 3.04% | 12.5% |
| Financials | 0.0% | 16.2 | — | 4.22 | 1.27 | 1.94% | 7.8% |
SCHA 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 SCHA weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SCHA largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| HALO | Halozyme Therapeutics, Inc. | 0.36% | 35.6 | 11.5 | 8.3 | — | 1.57% |
| W | Wayfair Inc. | 0.33% | — | 25.8 | 1.1 | — | −1.02% |
| BMNR | BitMine Immersion Technologies, Inc. | 0.33% | — | — | 213.5 | 0.05% | −10.79% |
| AHR | American Healthcare REIT, Inc. | 0.28% | 79.4 | 48.1 | 4.6 | 1.88% | 0.55% |
| AMG | Affiliated Managers Group, Inc. | 0.26% | 13.4 | 8.8 | 4.4 | 0.01% | 3.02% |
| GKOS | Glaukos Corporation | 0.25% | — | — | 15.9 | — | −0.79% |
| ENSG | The Ensign Group, Inc. | 0.25% | 27.7 | 20.7 | 1.9 | 0.15% | 1.43% |
| BTSG | BrightSpring Health Services, Inc. | 0.25% | 53.9 | 22.2 | 0.8 | — | 0.72% |
| BPOP | Popular, Inc. | 0.25% | 10.7 | 9.7 | 3.3 | 2.27% | 3.62% |
| SSB | SouthState Corporation | 0.25% | 10.7 | 10.3 | 3.7 | 2.59% | 3.60% |
| R | Ryder System, Inc. | 0.25% | 19.4 | 23.1 | 0.7 | 1.69% | 1.99% |
| WTFC | Wintrust Financial Corporation | 0.24% | 11.6 | 10.9 | 3.5 | 1.53% | 3.19% |
| NYT | The New York Times Company | 0.23% | 28.2 | 21.1 | 3.7 | 1.36% | 1.28% |
| SM | SM Energy Company | 0.23% | 7.0 | 4.4 | 1.9 | 2.23% | 5.14% |
| UMBF | UMB Financial Corporation | 0.23% | 10.9 | 9.6 | 3.5 | 1.53% | 3.30% |
| WTS | Watts Water Technologies, Inc. | 0.23% | 31.2 | 25.3 | 4.4 | 0.64% | 1.15% |
| HL | Hecla Mining Company | 0.23% | 19.9 | 21.0 | 5.9 | 0.10% | 1.80% |
| GMED | Globus Medical, Inc. | 0.23% | 19.7 | 13.9 | 3.3 | — | 1.81% |
| RMBS | Rambus Inc. | 0.23% | 40.0 | 24.2 | 12.5 | — | 0.88% |
| SOLS | Solstice Advanced Materials, Inc | 0.22% | 44.9 | 17.1 | 2.3 | 0.51% | 0.78% |
| MDGL | Madrigal Pharmaceuticals, Inc. | 0.22% | — | 78.1 | 8.1 | — | −1.00% |
| VNOM | Viper Energy Partners LP | 0.22% | — | 13.7 | 8.4 | 5.44% | 0.02% |
| TWST | Twist Bioscience Corporation | 0.22% | — | — | 20.4 | — | −0.58% |
| RHP | Ryman Hospitality Properties, Inc. | 0.22% | 30.7 | 25.8 | 3.2 | 3.81% | 1.13% |
| PRI | Primerica, Inc. | 0.22% | 11.4 | 14.0 | 2.5 | 1.70% | 3.04% |
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 SCHA valuation
Adding up its 1,580 holdings with company data, SCHA trades at 147.4 times trailing earnings and 13.9 times analysts' forward estimates, with a price-to-book ratio of 2.11 and a dividend yield of 1.41%. Its earnings yield of 0.68% is 4.65 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 2.8% of the fund and earn 1.9% of its combined profit. By sector, Technology is the most expensive at 628.3 times earnings and Financials the cheapest at 16.2. Companies that lost money over the past year are 24.5% 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 94.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SCHA chart, SCHA performance, SCHA holdings, SCHA dividends.
SCHA valuation FAQ
What is the P/E ratio of SCHA?
Based on its holdings, SCHA has a trailing P/E of 147.4 and a forward P/E of 13.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SCHA?
The trailing earnings yield is 0.68% (1 ÷ P/E) and the forward earnings yield 7.19%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SCHA more expensive than the S&P 500?
SCHA trades at 147.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 13.9 and 19.9.
What is the price-to-book ratio of SCHA?
The holdings of SCHA trade at 2.11 times book value, with a combined return on equity of 1.4%.
Which sector in SCHA has the highest P/E?
Technology has the highest P/E at 628.3 and Financials the lowest at 16.2.