Strive U.S. Semiconductor ETF (SHOC) Valuation
SHOC valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 29.4 trailing earnings
- Forward P/E
- 18.1 analyst estimates
- Price / sales
- 0.13
- Price / book
- 12.10
- EV / EBITDA
- 24.4
- Earnings yield
- 3.40% inverse of P/E
- Dividend yield
- 0.52% of the holdings
- Return on equity
- 41.2% combined
- Net margin
- 0.4% combined
- Beta
- 1.91 weighted, vs S&P 500
SHOC valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SHOC | 29.4 | 18.1 | 0.13 | 12.10 | 0.52% | 41.2% | 0.4% | 4.4% |
| 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.
SHOC valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 99.2% | 29.4 | 18.1 | 0.13 | 12.10 | 0.52% | 41.2% |
SHOC 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 SHOC weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SHOC largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 22.44% | 27.1 | 24.9 | 17.1 | 0.47% | 24.65% |
| MU | Micron Technology, Inc. | 11.33% | 11.8 | 7.0 | 7.5 | 0.07% | 28.49% |
| AVGO | Broadcom Inc. | 9.12% | 43.3 | 19.4 | 17.6 | 0.79% | 6.26% |
| AMD | Advanced Micro Devices, Inc. | 5.50% | 134.9 | 39.5 | 20.9 | — | 1.21% |
| TXN | Texas Instruments Incorporated | 4.41% | 42.1 | 27.5 | 13.0 | 2.20% | 3.11% |
| INTC | Intel Corporation | 4.39% | — | 63.3 | 8.3 | — | −3.08% |
| ASML | ASML Holding N.V. | 4.34% | 40.4 | 28.9 | 16.0 | 0.55% | 3.20% |
| LRCX | Lam Research Corporation | 4.29% | 45.8 | 33.7 | 14.2 | 0.50% | 2.79% |
| SKHY | SK Hynix Inc. American Depositary Shares | 4.05% | 8.7 | 5.4 | 0.0 | 0.08% | 13.85% |
| AMAT | Applied Materials, Inc. | 3.89% | 35.3 | 23.4 | 10.5 | 0.52% | 3.28% |
| MRVL | Marvell Technology, Inc. | 3.83% | 72.3 | 62.1 | 21.7 | 0.11% | 1.58% |
| KLAC | KLA Corporation | 3.72% | 45.3 | 34.8 | 15.9 | 0.56% | 2.44% |
| ADI | Analog Devices, Inc. | 3.47% | 47.0 | 23.2 | 13.8 | 1.11% | 2.20% |
| CDNS | Cadence Design Systems, Inc. | 1.64% | 63.5 | 31.5 | 15.1 | — | 0.77% |
| QCOM | QUALCOMM Incorporated | 1.59% | 19.9 | 19.6 | 4.2 | 2.14% | 2.37% |
| SNPS | Synopsys, Inc. | 1.55% | 80.3 | 23.3 | 9.3 | — | 0.57% |
| KEYS | Keysight Technologies, Inc. | 1.18% | 44.8 | 22.4 | 8.6 | — | 0.78% |
| TEL | TE Connectivity Ltd. | 1.05% | 20.8 | 16.6 | 3.2 | 1.47% | 1.50% |
| MPWR | Monolithic Power Systems, Inc. | 1.05% | 73.7 | 38.8 | 18.2 | 0.66% | 0.42% |
| NXPI | NXP Semiconductors N.V. | 1.03% | 19.6 | 12.9 | 4.4 | 1.77% | 1.56% |
| TER | Teradyne, Inc. | 0.96% | 44.6 | 30.7 | 11.4 | 0.16% | 0.64% |
| ALAB | Astera Labs, Inc. | 0.75% | 140.8 | 55.6 | 41.3 | — | 0.16% |
| MCHP | Microchip Technology Incorporated | 0.67% | 108.6 | 20.5 | 7.8 | 2.46% | 0.18% |
| ARM | Arm Holdings plc | 0.55% | 234.8 | 151.5 | 47.2 | — | 0.07% |
| STM | STMicroelectronics N.V. | 0.51% | — | 20.0 | 3.1 | 0.79% | 0.01% |
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 SHOC valuation
Adding up its 29 holdings with company data, SHOC trades at 29.4 times trailing earnings and 18.1 times analysts' forward estimates, with a price-to-book ratio of 12.10 and a dividend yield of 0.52%. Its earnings yield of 3.40% is 1.92 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 73.8% of the fund and earn 83.8% of its combined profit. Companies that lost money over the past year are 4.4% 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 99.5% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SHOC chart, SHOC performance, SHOC holdings, SHOC dividends.
SHOC valuation FAQ
What is the P/E ratio of SHOC?
Based on its holdings, SHOC has a trailing P/E of 29.4 and a forward P/E of 18.1 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SHOC?
The trailing earnings yield is 3.40% (1 ÷ P/E) and the forward earnings yield 5.54%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SHOC more expensive than the S&P 500?
SHOC trades at 29.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 18.1 and 19.9.
What is the price-to-book ratio of SHOC?
The holdings of SHOC trade at 12.10 times book value, with a combined return on equity of 41.2%.