Liberty One Spectrum ETF (SPCT) Valuation
SPCT valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 23.4 trailing earnings
- Forward P/E
- 19.2 analyst estimates
- Price / sales
- 2.00
- Price / book
- 4.19
- EV / EBITDA
- 15.2
- Earnings yield
- 4.27% inverse of P/E
- Dividend yield
- 2.04% of the holdings
- Return on equity
- 17.9% combined
- Net margin
- 8.6% combined
- Beta
- 0.76 weighted, vs S&P 500
SPCT valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SPCT | 23.4 | 19.2 | 2.00 | 4.19 | 2.04% | 17.9% | 8.6% | 1.9% |
| 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.
SPCT valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Consumer Defensive | 16.0% | 27.1 | 20.2 | 1.35 | 4.50 | 2.39% | 16.6% |
| Technology | 16.0% | 33.3 | 22.4 | 8.76 | 11.61 | 1.10% | 34.8% |
| Consumer Cyclical | 13.5% | 21.1 | 19.0 | 2.76 | 12.65 | 1.86% | 59.9% |
| Healthcare | 9.9% | 32.3 | 19.5 | 0.53 | 6.82 | 1.22% | 21.1% |
| Financial Services | 9.4% | 13.8 | 13.4 | 3.17 | 2.33 | 1.90% | 17.0% |
| Real Estate | 9.4% | 40.5 | 22.9 | 8.41 | 1.86 | 4.59% | 4.6% |
| Industrials | 9.1% | 17.2 | 22.6 | 2.39 | 4.86 | 1.37% | 28.2% |
| Communication Services | 5.9% | 19.1 | 17.2 | 3.97 | 5.00 | 1.13% | 26.2% |
| Utilities | 5.9% | 19.2 | 16.8 | 3.70 | 2.18 | 3.34% | 11.3% |
| Energy | 2.1% | 21.2 | 15.2 | 2.11 | 2.12 | 3.16% | 10.0% |
| Basic Materials | 2.0% | 32.2 | 23.6 | 6.48 | 5.48 | 1.28% | 17.0% |
SPCT 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 SPCT weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SPCT largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AAPL | Apple Inc. | 3.04% | 39.4 | 35.2 | 10.7 | 0.31% | 1.82% |
| MSFT | Microsoft Corporation | 2.82% | 29.5 | 25.1 | 11.8 | 0.74% | 2.26% |
| TXN | Texas Instruments Incorporated | 2.82% | 42.1 | 27.5 | 13.0 | 2.20% | 1.58% |
| AVGO | Broadcom Inc. | 2.62% | 43.3 | 19.4 | 17.6 | 0.79% | 1.43% |
| TJX | The TJX Companies, Inc. | 2.53% | 27.3 | 24.9 | 2.6 | 1.30% | 2.19% |
| HD | The Home Depot, Inc. | 2.51% | 21.5 | 19.8 | 1.8 | 3.01% | 2.75% |
| MSI | Motorola Solutions, Inc. | 2.49% | 36.5 | 23.9 | 6.3 | 1.05% | 1.61% |
| AMZN | Amazon.com, Inc. | 2.39% | 20.1 | 23.6 | 3.5 | — | 2.80% |
| BKNG | Booking Holdings Inc. | 2.21% | 18.1 | 13.3 | 4.3 | 1.03% | 2.87% |
| INTU | Intuit Inc. | 2.18% | 19.8 | 12.7 | 4.1 | 1.70% | 2.60% |
| TSN | Tyson Foods, Inc. | 2.15% | 33.9 | 11.2 | 0.3 | 3.72% | 1.50% |
| GOOG | Alphabet Inc. | 2.11% | 16.9 | 21.8 | 9.2 | 0.26% | 2.95% |
| CVX | Chevron Corporation | 2.11% | 21.2 | 15.2 | 2.1 | 3.16% | 2.35% |
| MCK | McKesson Corporation | 2.10% | 26.9 | 19.7 | 0.3 | 0.37% | 1.84% |
| NOC | Northrop Grumman Corporation | 2.10% | 16.5 | 17.0 | 1.7 | 1.90% | 2.99% |
| UNH | UnitedHealth Group Incorporated | 2.07% | 25.8 | 16.6 | 0.8 | 2.31% | 1.89% |
| WMT | Walmart Inc. | 2.06% | 43.0 | 38.0 | 1.3 | 0.83% | 1.13% |
| LIN | Linde plc | 2.04% | 32.2 | 23.6 | 6.5 | 1.28% | 1.50% |
| CL | Colgate-Palmolive Company | 2.03% | 37.1 | 21.0 | 3.6 | 2.25% | 1.30% |
| UL | Unilever PLC | 2.02% | 13.4 | 16.4 | 2.8 | 3.21% | 3.57% |
| TRV | The Travelers Companies, Inc. | 2.02% | 10.5 | 10.8 | 1.7 | 1.28% | 4.56% |
| DUK | Duke Energy Corporation | 2.02% | 18.3 | 15.9 | 2.9 | 3.57% | 2.61% |
| EXR | Extra Space Storage Inc. | 2.01% | 30.8 | 29.0 | 8.8 | 4.64% | 1.54% |
| O | Realty Income Corporation | 1.99% | 40.6 | 33.7 | 8.7 | 5.81% | 1.16% |
| HON | Honeywell International Inc. | 1.96% | 7.8 | 22.2 | 1.8 | 1.32% | 5.91% |
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 SPCT valuation
Adding up its 48 holdings with company data, SPCT trades at 23.4 times trailing earnings and 19.2 times analysts' forward estimates, with a price-to-book ratio of 4.19 and a dividend yield of 2.04%. Its earnings yield of 4.27% is 1.05 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 25.6% of the fund and earn 21.9% of its combined profit. By sector, Real Estate is the most expensive at 40.5 times earnings and Financial Services the cheapest at 13.8. Companies that lost money over the past year are 1.9% 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 99.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SPCT chart, SPCT performance, SPCT holdings, SPCT dividends.
SPCT valuation FAQ
What is the P/E ratio of SPCT?
Based on its holdings, SPCT has a trailing P/E of 23.4 and a forward P/E of 19.2 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SPCT?
The trailing earnings yield is 4.27% (1 ÷ P/E) and the forward earnings yield 5.20%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SPCT more expensive than the S&P 500?
SPCT trades at 23.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 19.2 and 19.9.
What is the price-to-book ratio of SPCT?
The holdings of SPCT trade at 4.19 times book value, with a combined return on equity of 17.9%.
Which sector in SPCT has the highest P/E?
Real Estate has the highest P/E at 40.5 and Financial Services the lowest at 13.8.