Schwab U.S. Large-Cap Value ETF (SCHV) Valuation
SCHV valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 23.2 trailing earnings
- Forward P/E
- 15.9 analyst estimates
- Price / sales
- 2.21
- Price / book
- 3.26
- EV / EBITDA
- 13.8
- Earnings yield
- 4.32% inverse of P/E
- Dividend yield
- 1.95% of the holdings
- Return on equity
- 14.1% combined
- Net margin
- 9.6% combined
- Beta
- 0.83 weighted, vs S&P 500
SCHV valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SCHV | 23.2 | 15.9 | 2.21 | 3.26 | 1.95% | 14.1% | 9.6% | 5.2% |
| 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.
SCHV valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 20.9% | 13.7 | 12.9 | 2.76 | 1.89 | 1.74% | 13.9% |
| Technology | 15.8% | 44.4 | 19.5 | 3.94 | 5.94 | 1.11% | 13.4% |
| Healthcare | 14.4% | 39.4 | 15.4 | 1.64 | 4.54 | 1.90% | 11.5% |
| Industrials | 11.1% | 28.0 | 20.1 | 2.39 | 4.94 | 1.45% | 17.7% |
| Consumer Defensive | 9.4% | 28.5 | 19.7 | 1.62 | 6.10 | 2.58% | 21.4% |
| Energy | 7.6% | 19.5 | 12.9 | 1.98 | 2.49 | 2.28% | 12.8% |
| Consumer Cyclical | 6.6% | 26.5 | 15.9 | 1.35 | 5.51 | 2.13% | 20.8% |
| Utilities | 4.0% | 18.6 | 15.3 | 2.74 | 1.96 | 3.29% | 10.5% |
| Real Estate | 3.9% | 30.2 | 28.3 | 5.44 | 2.83 | 3.72% | 9.4% |
| Communication Services | 3.2% | 13.6 | 10.6 | 1.57 | 2.31 | 2.93% | 17.0% |
| Basic Materials | 2.6% | 26.8 | 14.5 | 2.23 | 3.00 | 1.49% | 11.2% |
SCHV 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 SCHV weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SCHV largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| BRK.B | Berkshire Hathaway Inc. | 3.42% | 13.4 | 22.7 | 3.0 | — | 5.98% |
| JPM | JPMorgan Chase & Co. | 3.08% | 14.2 | 13.5 | 4.7 | 1.94% | 5.06% |
| XOM | Exxon Mobil Corporation | 2.32% | 23.0 | 14.8 | 2.0 | 2.30% | 2.36% |
| JNJ | Johnson & Johnson | 2.18% | 38.8 | 21.0 | 6.2 | 2.10% | 1.32% |
| WMT | Walmart Inc. | 1.81% | 43.0 | 38.0 | 1.3 | 0.83% | 0.98% |
| ABBV | AbbVie Inc. | 1.71% | 80.6 | 16.4 | 7.8 | 2.42% | 0.49% |
| CVX | Chevron Corporation | 1.54% | 21.2 | 15.2 | 2.1 | 3.16% | 1.69% |
| INTC | Intel Corporation | 1.43% | — | 63.3 | 8.3 | — | −0.79% |
| CSCO | Cisco Systems, Inc. | 1.32% | 32.2 | 19.8 | 6.7 | 1.56% | 0.96% |
| PG | The Procter & Gamble Company | 1.26% | 24.1 | 21.2 | 4.3 | 2.73% | 1.23% |
| KO | The Coca-Cola Company | 1.22% | 28.2 | 25.3 | 8.1 | 2.26% | 1.02% |
| MRK | Merck & Co., Inc. | 1.21% | 115.8 | 15.3 | 5.4 | 2.33% | 0.24% |
| BAC | Bank of America Corporation | 1.12% | 12.2 | 10.8 | 3.1 | 2.50% | 2.15% |
| HD | The Home Depot, Inc. | 1.05% | 21.5 | 19.8 | 1.8 | 3.01% | 1.14% |
| PM | Philip Morris International Inc. | 1.03% | 29.5 | 20.9 | 7.5 | 3.12% | 0.82% |
| LRCX | Lam Research Corporation | 0.95% | 45.8 | 33.7 | 14.2 | 0.50% | 0.49% |
| NFLX | Netflix, Inc. | 0.93% | 22.2 | 18.7 | 6.1 | — | 0.98% |
| RTX | RTX Corporation | 0.91% | 34.1 | 24.6 | 2.8 | 1.51% | 0.62% |
| TXN | Texas Instruments Incorporated | 0.85% | 42.1 | 27.5 | 13.0 | 2.20% | 0.47% |
| WFC | Wells Fargo & Company | 0.84% | 11.8 | 10.2 | 3.0 | 2.38% | 1.65% |
| GS | The Goldman Sachs Group, Inc. | 0.82% | 12.7 | 12.8 | 3.6 | 2.27% | 1.51% |
| IBM | International Business Machines Corporation | 0.80% | 20.6 | 17.4 | 3.2 | 2.91% | 0.91% |
| AMGN | Amgen Inc. | 0.79% | 26.9 | 16.7 | 6.1 | 2.33% | 0.69% |
| MS | Morgan Stanley | 0.70% | 14.3 | 14.9 | 3.6 | 2.55% | 1.14% |
| CRM | Salesforce, Inc. | 0.68% | 22.0 | 14.0 | 4.5 | 0.73% | 0.72% |
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 SCHV valuation
Adding up its 550 holdings with company data, SCHV trades at 23.2 times trailing earnings and 15.9 times analysts' forward estimates, with a price-to-book ratio of 3.26 and a dividend yield of 1.95%. Its earnings yield of 4.32% is 1.01 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 20.1% of the fund and earn 19.3% of its combined profit. By sector, Technology is the most expensive at 44.4 times earnings and Communication Services the cheapest at 13.6. Companies that lost money over the past year are 5.2% 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 99.1% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SCHV chart, SCHV performance, SCHV holdings, SCHV dividends.
SCHV valuation FAQ
What is the P/E ratio of SCHV?
Based on its holdings, SCHV has a trailing P/E of 23.2 and a forward P/E of 15.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SCHV?
The trailing earnings yield is 4.32% (1 ÷ P/E) and the forward earnings yield 6.30%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SCHV more expensive than the S&P 500?
SCHV trades at 23.2 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 15.9 and 19.9.
What is the price-to-book ratio of SCHV?
The holdings of SCHV trade at 3.26 times book value, with a combined return on equity of 14.1%.
Which sector in SCHV has the highest P/E?
Technology has the highest P/E at 44.4 and Communication Services the lowest at 13.6.