SPDR S&P 600 Small Cap Value ETF (SLYV) Valuation
SLYV valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 71.1 trailing earnings
- Forward P/E
- 11.7 analyst estimates
- Price / sales
- 0.83
- Price / book
- 1.52
- EV / EBITDA
- 9.4
- Earnings yield
- 1.41% inverse of P/E
- Dividend yield
- 2.10% of the holdings
- Return on equity
- 2.1% combined
- Net margin
- 1.2% combined
- Beta
- 1.05 weighted, vs S&P 500
SLYV valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SLYV | 71.1 | 11.7 | 0.83 | 1.52 | 2.10% | 2.1% | 1.2% | 19.7% |
| 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.
SLYV valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 19.7% | 15.5 | 10.1 | 1.91 | 1.17 | 3.12% | 7.5% |
| Consumer Cyclical | 14.1% | 152.6 | 10.7 | 0.41 | 1.44 | 1.35% | 0.9% |
| Industrials | 13.1% | 27.4 | 13.7 | 0.68 | 2.01 | 1.60% | 7.3% |
| Technology | 13.0% | n/m | 12.1 | 1.21 | 2.60 | 0.43% | 0.1% |
| Energy | 7.7% | 31.0 | 9.6 | 0.69 | 1.30 | 2.40% | 4.2% |
| Real Estate | 7.1% | 35.8 | 23.9 | 1.79 | 1.21 | 5.78% | 3.4% |
| Healthcare | 6.8% | n/m | 13.0 | 1.21 | 1.86 | 0.42% | −15.9% |
| Consumer Defensive | 5.9% | n/m | 10.9 | 0.47 | 1.28 | 2.92% | −7.7% |
| Basic Materials | 5.8% | n/m | 9.8 | 0.74 | 1.76 | 1.96% | −8.1% |
| Communication Services | 4.1% | 18.1 | 12.8 | 1.32 | 1.87 | 1.34% | 10.3% |
| Utilities | 1.9% | 15.9 | 16.3 | 1.69 | 1.42 | 2.93% | 8.9% |
| Services | 0.2% | 14.2 | 15.3 | 1.60 | 2.99 | 2.71% | 21.0% |
SLYV 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 SLYV weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SLYV largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| PAYC | Paycom Software, Inc. | 1.16% | 26.6 | 16.7 | 5.3 | 0.60% | 3.20% |
| MTCH | Match Group, Inc. | 1.11% | 15.2 | 9.7 | 2.8 | 1.86% | 5.37% |
| SM | SM Energy Company | 1.00% | 7.0 | 4.4 | 1.9 | 2.23% | 10.44% |
| JXN | Jackson Financial Inc. | 0.91% | 143.5 | — | 1.4 | 2.76% | 0.46% |
| EMN | Eastman Chemical Company | 0.84% | 16.3 | 9.2 | 0.8 | 5.39% | 3.81% |
| POOL | Pool Corporation | 0.82% | 15.8 | 17.1 | 1.2 | 3.01% | 3.79% |
| LW | Lamb Weston Holdings, Inc. | 0.82% | 29.3 | 14.7 | 1.1 | 2.84% | 2.05% |
| KMX | CarMax, Inc. | 0.80% | 25.3 | 21.6 | 0.3 | — | 2.33% |
| CAG | Conagra Brands, Inc. | 0.78% | — | 10.6 | 0.6 | 4.84% | −16.20% |
| VSXY | Victoria's Secret & Co | 0.76% | 19.5 | 13.6 | 1.0 | — | 2.87% |
| TAP | Molson Coors Beverage Company | 0.74% | — | 6.8 | 0.7 | 4.86% | −14.88% |
| MATX | Matson, Inc. | 0.74% | 15.8 | 19.2 | 2.0 | 0.65% | 3.42% |
| EPAM | EPAM Systems, Inc. | 0.73% | 16.6 | 8.3 | 1.1 | — | 3.25% |
| LNC | Lincoln National Corporation | 0.72% | 3.4 | 5.2 | 0.4 | 4.52% | 15.52% |
| MHK | Mohawk Industries, Inc. | 0.72% | 15.9 | 11.7 | 0.7 | — | 3.30% |
| BLDR | Builders FirstSource, Inc. | 0.70% | 59.4 | 13.9 | 0.4 | — | 0.87% |
| MGY | Magnolia Oil & Gas Corporation | 0.65% | 11.1 | 9.2 | 4.7 | 2.60% | 4.29% |
| CZR | Caesars Entertainment, Inc. | 0.64% | — | 51.0 | 0.5 | — | −3.72% |
| AUB | Atlantic Union Bankshares Corporation | 0.64% | 11.3 | 9.1 | 3.6 | 3.88% | 4.18% |
| TFX | Teleflex Incorporated | 0.64% | — | 11.0 | 2.5 | 1.04% | −3.04% |
| TTD | The Trade Desk, Inc. | 0.64% | 14.7 | 13.9 | 1.9 | — | 3.16% |
| NRZ | New Residential Investment Corp | 0.57% | — | — | — | — | — |
| NSIT | Insight Enterprises, Inc. | 0.54% | 23.6 | 11.9 | 0.5 | — | 1.69% |
| RXO | RXO, Inc. | 0.54% | — | — | 0.8 | — | −0.86% |
| SIG | Signet Jewelers Limited | 0.52% | 13.7 | 9.3 | 0.7 | 1.18% | 2.76% |
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 SLYV valuation
Adding up its 446 holdings with company data, SLYV trades at 71.1 times trailing earnings and 11.7 times analysts' forward estimates, with a price-to-book ratio of 1.52 and a dividend yield of 2.10%. Its earnings yield of 1.41% is 3.92 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 9.0% of the fund and earn 18.1% of its combined profit. By sector, Consumer Cyclical is the most expensive at 152.6 times earnings and Services the cheapest at 14.2. Companies that lost money over the past year are 19.7% 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 96.7% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SLYV chart, SLYV performance, SLYV holdings, SLYV dividends.
SLYV valuation FAQ
What is the P/E ratio of SLYV?
Based on its holdings, SLYV has a trailing P/E of 71.1 and a forward P/E of 11.7 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SLYV?
The trailing earnings yield is 1.41% (1 ÷ P/E) and the forward earnings yield 8.57%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SLYV more expensive than the S&P 500?
SLYV trades at 71.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 11.7 and 19.9.
What is the price-to-book ratio of SLYV?
The holdings of SLYV trade at 1.52 times book value, with a combined return on equity of 2.1%.
Which sector in SLYV has the highest P/E?
Consumer Cyclical has the highest P/E at 152.6 and Services the lowest at 14.2.