First Trust Bloomberg Shareholder Yield ETF (SHRY) Valuation
SHRY valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 16.4 trailing earnings
- Forward P/E
- 12.9 analyst estimates
- Price / sales
- 1.71
- Price / book
- 3.77
- EV / EBITDA
- 11.0
- Earnings yield
- 6.11% inverse of P/E
- Dividend yield
- 2.26% of the holdings
- Return on equity
- 23.0% combined
- Net margin
- 10.5% combined
- Beta
- 0.69 weighted, vs S&P 500
SHRY valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SHRY | 16.4 | 12.9 | 1.71 | 3.77 | 2.26% | 23.0% | 10.5% | 1.4% |
| 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.
SHRY valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 30.1% | 11.4 | 10.8 | 1.56 | 2.47 | 1.48% | 21.8% |
| Technology | 14.4% | 18.7 | 13.8 | 3.66 | 6.73 | 2.06% | 35.9% |
| Healthcare | 12.5% | 29.0 | 16.0 | 0.83 | 4.33 | 1.67% | 15.0% |
| Energy | 12.4% | 19.2 | 13.2 | 2.03 | 2.49 | 2.48% | 13.0% |
| Industrials | 8.8% | 20.9 | 15.5 | 1.47 | 5.79 | 3.78% | 27.7% |
| Consumer Defensive | 8.6% | 20.7 | 15.9 | 3.43 | 14.15 | 3.96% | 68.3% |
| Consumer Cyclical | 8.0% | 18.5 | 13.0 | 3.27 | 36.47 | 1.42% | 197.4% |
| Communication Services | 5.4% | 14.3 | 10.4 | 1.62 | 2.50 | 4.21% | 17.5% |
| Basic Materials | 0.7% | 32.2 | 23.6 | 6.48 | 5.48 | 1.28% | 17.0% |
SHRY 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 SHRY weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SHRY largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| PYPL | PayPal Holdings, Inc. | 5.12% | 10.7 | 9.1 | 1.4 | 0.99% | 7.76% |
| HIG | The Hartford Financial Services Group, Inc. | 4.36% | 9.6 | 9.2 | 1.2 | 1.78% | 7.40% |
| PAYX | Paychex, Inc. | 3.59% | 22.1 | 17.5 | 6.0 | 4.26% | 2.63% |
| ADBE | Adobe Inc. | 3.48% | 13.7 | 8.7 | 3.7 | — | 4.13% |
| MET | MetLife, Inc. | 3.44% | 19.3 | 10.5 | 0.8 | 2.35% | 2.89% |
| EXPE | Expedia Group, Inc. | 3.36% | 18.0 | 11.3 | 2.2 | 0.66% | 3.02% |
| TMUS | T-Mobile US, Inc. | 3.35% | 16.6 | 11.7 | 1.9 | 2.94% | 3.27% |
| UPS | United Parcel Service, Inc. | 3.21% | 18.1 | 12.0 | 0.9 | 6.73% | 2.87% |
| ALL | The Allstate Corporation | 3.16% | 5.0 | 8.3 | 0.9 | 1.74% | 10.33% |
| MO | Altria Group, Inc. | 2.93% | 15.8 | 11.9 | 6.1 | 5.91% | 3.01% |
| TRV | The Travelers Companies, Inc. | 2.88% | 10.5 | 10.8 | 1.7 | 1.28% | 4.47% |
| ACN | Accenture plc | 2.78% | 16.9 | 12.4 | 1.9 | 2.98% | 2.67% |
| AMP | Ameriprise Financial, Inc. | 2.77% | 12.1 | 9.8 | 2.2 | 1.36% | 3.72% |
| BKNG | Booking Holdings Inc. | 2.67% | 18.1 | 13.3 | 4.3 | 1.03% | 2.39% |
| COP | ConocoPhillips | 2.65% | 19.4 | 12.7 | 2.7 | 2.29% | 2.22% |
| CVX | Chevron Corporation | 2.60% | 21.2 | 15.2 | 2.1 | 3.16% | 1.99% |
| CME | CME Group Inc. | 2.51% | 24.9 | 21.9 | 15.6 | 1.77% | 1.63% |
| CB | Chubb Limited | 2.29% | 12.7 | 11.6 | 2.2 | 1.13% | 2.92% |
| ELV | Elevance Health Inc. | 2.21% | 19.0 | 13.7 | 0.5 | 1.61% | 1.89% |
| MCK | McKesson Corporation | 2.18% | 26.9 | 19.7 | 0.3 | 0.37% | 1.31% |
| LMT | Lockheed Martin Corporation | 2.09% | 20.3 | 16.2 | 1.7 | 2.61% | 1.66% |
| CL | Colgate-Palmolive Company | 2.08% | 37.1 | 21.0 | 3.6 | 2.25% | 0.91% |
| MCD | McDonald's Corporation | 2.02% | 19.7 | 17.1 | 6.2 | 3.18% | 1.66% |
| VLO | Valero Energy Corporation | 2.01% | 18.5 | 10.2 | 1.0 | 1.08% | 1.76% |
| VZ | Verizon Communications Inc. | 2.01% | 11.7 | 8.7 | 1.3 | 6.32% | 2.79% |
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 SHRY valuation
Adding up its 50 holdings with company data, SHRY trades at 16.4 times trailing earnings and 12.9 times analysts' forward estimates, with a price-to-book ratio of 3.77 and a dividend yield of 2.26%. Its earnings yield of 6.11% is 0.78 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 36.0% of the fund and earn 47.3% of its combined profit. By sector, Basic Materials is the most expensive at 32.2 times earnings and Financial Services the cheapest at 11.4. Companies that lost money over the past year are 1.4% 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 100.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SHRY chart, SHRY performance, SHRY holdings, SHRY dividends.
SHRY valuation FAQ
What is the P/E ratio of SHRY?
Based on its holdings, SHRY has a trailing P/E of 16.4 and a forward P/E of 12.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SHRY?
The trailing earnings yield is 6.11% (1 ÷ P/E) and the forward earnings yield 7.73%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SHRY more expensive than the S&P 500?
SHRY trades at 16.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 12.9 and 19.9.
What is the price-to-book ratio of SHRY?
The holdings of SHRY trade at 3.77 times book value, with a combined return on equity of 23.0%.
Which sector in SHRY has the highest P/E?
Basic Materials has the highest P/E at 32.2 and Financial Services the lowest at 11.4.