Columbia Seligman Semiconductor & Technology ETF (SEMI) Valuation
SEMI valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 29.8 trailing earnings
- Forward P/E
- 22.1 analyst estimates
- Price / sales
- 5.00
- Price / book
- 12.58
- EV / EBITDA
- 23.5
- Earnings yield
- 3.35% inverse of P/E
- Dividend yield
- 0.45% of the holdings
- Return on equity
- 42.2% combined
- Net margin
- 16.8% combined
- Beta
- 1.57 weighted, vs S&P 500
SEMI valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SEMI | 29.8 | 22.1 | 5.00 | 12.58 | 0.45% | 42.2% | 16.8% | 1.1% |
| 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.
SEMI valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 81.4% | 31.8 | 21.9 | 4.74 | 14.13 | 0.47% | 44.4% |
| Communication Services | 7.6% | 19.7 | 22.1 | 8.45 | 7.21 | 0.25% | 36.5% |
| Financial Services | 4.3% | 34.1 | 24.1 | 16.25 | 30.02 | 0.62% | 88.0% |
| Consumer Cyclical | 3.7% | 20.1 | 23.6 | 3.48 | 4.87 | 0.00% | 24.2% |
SEMI 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 SEMI weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SEMI largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 14.23% | 27.1 | 24.9 | 17.1 | 0.47% | 16.17% |
| AAPL | Apple Inc. | 7.98% | 39.4 | 35.2 | 10.7 | 0.31% | 6.23% |
| MSFT | Microsoft Corporation | 6.83% | 29.5 | 25.1 | 11.8 | 0.74% | 7.13% |
| AVGO | Broadcom Inc. | 6.79% | 43.3 | 19.4 | 17.6 | 0.79% | 4.82% |
| MU | Micron Technology, Inc. | 6.38% | 11.8 | 7.0 | 7.5 | 0.07% | 16.61% |
| LRCX | Lam Research Corporation | 5.41% | 45.8 | 33.7 | 14.2 | 0.50% | 3.63% |
| TSM | Taiwan Semiconductor Manufacturing Company Limited | 4.74% | 26.7 | 21.4 | 0.4 | 0.91% | 5.45% |
| GOOGL | Alphabet Inc. | 4.49% | 17.1 | 22.8 | 9.3 | 0.26% | 8.08% |
| AMZN | Amazon.com, Inc. | 3.66% | 20.1 | 23.6 | 3.5 | — | 5.59% |
| ASML | ASML Holding N.V. | 3.26% | 40.4 | 28.9 | 16.0 | 0.55% | 2.49% |
| CRWD | CrowdStrike Holdings, Inc. | 2.80% | — | 208.3 | 43.1 | — | 0.02% |
| AMAT | Applied Materials, Inc. | 2.80% | 35.3 | 23.4 | 10.5 | 0.52% | 2.44% |
| V | Visa Inc. | 2.39% | 34.3 | 24.0 | 17.0 | 0.67% | 2.15% |
| META | Meta Platforms, Inc. | 2.38% | 26.7 | 22.1 | 7.9 | 0.30% | 2.73% |
| MA | Mastercard Incorporated | 1.94% | 34.0 | 24.2 | 15.4 | 0.56% | 1.76% |
| AMD | Advanced Micro Devices, Inc. | 1.88% | 134.9 | 39.5 | 20.9 | — | 0.43% |
| MRVL | Marvell Technology, Inc. | 1.67% | 72.3 | 62.1 | 21.7 | 0.11% | 0.71% |
| ADI | Analog Devices, Inc. | 1.48% | 47.0 | 23.2 | 13.8 | 1.11% | 0.97% |
| SNPS | Synopsys, Inc. | 1.45% | 80.3 | 23.3 | 9.3 | — | 0.56% |
| WDC | Western Digital Corporation | 1.28% | 12.3 | 22.8 | 9.6 | 0.18% | 3.19% |
| SHOP | Shopify Inc. | 1.23% | 114.5 | 58.8 | 16.6 | — | 0.33% |
| ANET | Arista Networks, Inc. | 1.21% | 55.8 | 39.2 | 21.2 | — | 0.67% |
| CSCO | Cisco Systems, Inc. | 1.19% | 32.2 | 19.8 | 6.7 | 1.56% | 1.13% |
| INTC | Intel Corporation | 1.10% | — | 63.3 | 8.3 | — | −0.80% |
| NOW | ServiceNow, Inc. | 0.99% | 88.7 | 27.8 | 10.0 | — | 0.34% |
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 SEMI valuation
Adding up its 35 holdings with company data, SEMI trades at 29.8 times trailing earnings and 22.1 times analysts' forward estimates, with a price-to-book ratio of 12.58 and a dividend yield of 0.45%. Its earnings yield of 3.35% is 1.97 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 63.8% of the fund and earn 76.2% of its combined profit. By sector, Financial Services is the most expensive at 34.1 times earnings and Communication Services the cheapest at 19.7. Companies that lost money over the past year are 1.1% 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 100.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SEMI chart, SEMI performance, SEMI holdings, SEMI dividends.
SEMI valuation FAQ
What is the P/E ratio of SEMI?
Based on its holdings, SEMI has a trailing P/E of 29.8 and a forward P/E of 22.1 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SEMI?
The trailing earnings yield is 3.35% (1 ÷ P/E) and the forward earnings yield 4.53%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SEMI more expensive than the S&P 500?
SEMI trades at 29.8 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 22.1 and 19.9.
What is the price-to-book ratio of SEMI?
The holdings of SEMI trade at 12.58 times book value, with a combined return on equity of 42.2%.
Which sector in SEMI has the highest P/E?
Financial Services has the highest P/E at 34.1 and Communication Services the lowest at 19.7.