iShares Semiconductor ETF (SOXX) Valuation
SOXX valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 37.1 trailing earnings
- Forward P/E
- 20.5 analyst estimates
- Price / sales
- 0.20
- Price / book
- 10.79
- EV / EBITDA
- 27.5
- Earnings yield
- 2.69% inverse of P/E
- Dividend yield
- 0.62% of the holdings
- Return on equity
- 29.1% combined
- Net margin
- 0.5% combined
- Beta
- 1.93 weighted, vs S&P 500
SOXX valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SOXX | 37.1 | 20.5 | 0.20 | 10.79 | 0.62% | 29.1% | 0.5% | 8.6% |
| 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.
SOXX valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 99.0% | 37.1 | 20.5 | 0.20 | 10.79 | 0.62% | 29.1% |
SOXX 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 SOXX weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SOXX largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AMD | Advanced Micro Devices, Inc. | 8.80% | 134.9 | 39.5 | 20.9 | — | 2.45% |
| NVDA | NVIDIA Corporation | 8.32% | 27.1 | 24.9 | 17.1 | 0.47% | 11.52% |
| INTC | Intel Corporation | 7.94% | — | 63.3 | 8.3 | — | −7.02% |
| MU | Micron Technology, Inc. | 7.93% | 11.8 | 7.0 | 7.5 | 0.07% | 25.14% |
| AVGO | Broadcom Inc. | 7.33% | 43.3 | 19.4 | 17.6 | 0.79% | 6.34% |
| TXN | Texas Instruments Incorporated | 4.50% | 42.1 | 27.5 | 13.0 | 2.20% | 4.01% |
| ADI | Analog Devices, Inc. | 4.43% | 47.0 | 23.2 | 13.8 | 1.11% | 3.53% |
| MRVL | Marvell Technology, Inc. | 4.34% | 72.3 | 62.1 | 21.7 | 0.11% | 2.25% |
| QCOM | QUALCOMM Incorporated | 4.15% | 19.9 | 19.6 | 4.2 | 2.14% | 7.80% |
| KLAC | KLA Corporation | 3.77% | 45.3 | 34.8 | 15.9 | 0.56% | 3.12% |
| NXPI | NXP Semiconductors N.V. | 3.62% | 19.6 | 12.9 | 4.4 | 1.77% | 6.93% |
| AMAT | Applied Materials, Inc. | 3.41% | 35.3 | 23.4 | 10.5 | 0.52% | 3.63% |
| MPWR | Monolithic Power Systems, Inc. | 3.41% | 73.7 | 38.8 | 18.2 | 0.66% | 1.73% |
| TSM | Taiwan Semiconductor Manufacturing Company Limited | 3.16% | 26.7 | 21.4 | 0.4 | 0.91% | 4.43% |
| LRCX | Lam Research Corporation | 3.16% | 45.8 | 33.7 | 14.2 | 0.50% | 2.58% |
| TER | Teradyne, Inc. | 2.81% | 44.6 | 30.7 | 11.4 | 0.16% | 2.36% |
| SKHY | SK Hynix Inc. American Depositary Shares | 2.52% | 8.7 | 5.4 | 0.0 | 0.08% | 10.87% |
| MCHP | Microchip Technology Incorporated | 2.39% | 108.6 | 20.5 | 7.8 | 2.46% | 0.83% |
| ALAB | Astera Labs, Inc. | 2.09% | 140.8 | 55.6 | 41.3 | — | 0.56% |
| ON | ON Semiconductor Corporation | 1.72% | 46.5 | 16.5 | 4.5 | — | 1.39% |
| CRDO | Credo Technology Group Holding Ltd | 1.63% | 60.2 | 30.9 | 20.0 | — | 1.02% |
| ASML | ASML Holding N.V. | 1.47% | 40.4 | 28.9 | 16.0 | 0.55% | 1.36% |
| ENTG | Entegris, Inc. | 1.11% | 69.4 | 31.6 | 6.4 | 0.29% | 0.60% |
| TSEM | Tower Semiconductor Ltd. | 1.07% | 77.3 | 38.5 | 12.9 | — | 0.52% |
| MTSI | MACOM Technology Solutions Holdings, Inc. | 1.00% | 83.5 | 32.3 | 17.2 | — | 0.45% |
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 SOXX valuation
Adding up its 30 holdings with company data, SOXX trades at 37.1 times trailing earnings and 20.5 times analysts' forward estimates, with a price-to-book ratio of 10.79 and a dividend yield of 0.62%. Its earnings yield of 2.69% is 2.63 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 61.5% of the fund and earn 59.1% of its combined profit. Companies that lost money over the past year are 8.6% 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: SOXX chart, SOXX performance, SOXX holdings, SOXX dividends.
SOXX valuation FAQ
What is the P/E ratio of SOXX?
Based on its holdings, SOXX has a trailing P/E of 37.1 and a forward P/E of 20.5 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SOXX?
The trailing earnings yield is 2.69% (1 ÷ P/E) and the forward earnings yield 4.87%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SOXX more expensive than the S&P 500?
SOXX trades at 37.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 20.5 and 19.9.
What is the price-to-book ratio of SOXX?
The holdings of SOXX trade at 10.79 times book value, with a combined return on equity of 29.1%.