SRH U.S. Quality ETF (SRHQ) Valuation
SRHQ valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 24.4 trailing earnings
- Forward P/E
- 13.0 analyst estimates
- Price / sales
- 0.98
- Price / book
- 3.85
- EV / EBITDA
- 11.8
- Earnings yield
- 4.10% inverse of P/E
- Dividend yield
- 1.11% of the holdings
- Return on equity
- 15.8% combined
- Net margin
- 4.0% combined
- Beta
- 0.86 weighted, vs S&P 500
SRHQ valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| SRHQ | 24.4 | 13.0 | 0.98 | 3.85 | 1.11% | 15.8% | 4.0% | 7.8% |
| 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.
SRHQ valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 26.5% | 21.1 | 13.3 | 2.46 | 5.80 | 0.53% | 27.5% |
| Healthcare | 22.9% | 43.8 | 12.9 | 0.47 | 3.19 | 0.93% | 7.3% |
| Industrials | 19.3% | 32.0 | 14.8 | 0.96 | 3.49 | 1.42% | 10.9% |
| Consumer Cyclical | 11.7% | 25.3 | 11.6 | 1.01 | 3.58 | 1.26% | 14.1% |
| Financial Services | 8.8% | 13.3 | 11.2 | 2.99 | 3.32 | 1.21% | 25.0% |
| Consumer Defensive | 5.2% | 20.5 | 16.3 | 1.41 | 4.47 | 1.27% | 21.8% |
| Communication Services | 1.8% | 22.3 | 10.0 | 1.14 | 2.61 | 3.81% | 11.7% |
| Real Estate | 1.1% | 14.7 | 10.4 | 0.51 | 2.07 | 0.00% | 14.1% |
| Utilities | 1.1% | 25.6 | 13.3 | 2.66 | 15.41 | 0.61% | 60.1% |
| Basic Materials | 1.0% | 13.4 | 13.7 | 2.24 | 3.68 | 0.59% | 27.5% |
| Energy | 0.9% | 10.6 | 9.9 | 3.92 | 9.67 | 10.07% | 91.5% |
SRHQ 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 SRHQ weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
SRHQ largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| HUM | Humana Inc. | 2.72% | 39.1 | 24.3 | 0.3 | 0.86% | 1.71% |
| CNC | Centene Corporation | 2.34% | — | 11.2 | 0.2 | — | −8.66% |
| QLYS | Qualys, Inc. | 2.26% | 31.4 | 21.9 | 9.1 | — | 1.76% |
| CVLT | Commvault Systems, Inc. | 2.11% | 95.0 | 28.0 | 5.1 | — | 0.55% |
| NSP | Insperity, Inc. | 2.02% | — | 18.1 | 0.3 | 4.67% | −0.43% |
| NTNX | Nutanix, Inc. | 1.95% | 12.9 | 29.9 | 6.3 | — | 3.69% |
| ANF | Abercrombie & Fitch Co. | 1.95% | 13.2 | 10.0 | 1.2 | — | 3.60% |
| BOX | Box, Inc. | 1.90% | 57.3 | 17.6 | 4.4 | — | 0.81% |
| WDAY | Workday, Inc. | 1.74% | 38.9 | 17.7 | 4.5 | — | 1.10% |
| FTDR | Frontdoor, Inc. | 1.66% | 20.8 | 14.5 | 2.5 | — | 1.95% |
| UNH | UnitedHealth Group Incorporated | 1.64% | 25.8 | 16.6 | 0.8 | 2.31% | 1.55% |
| AMRX | Amneal Pharmaceuticals, Inc. | 1.63% | 39.1 | 6.3 | 2.1 | — | 1.02% |
| DBX | Dropbox, Inc. | 1.62% | 19.7 | 10.8 | 3.1 | — | 2.02% |
| ELV | Elevance Health Inc. | 1.59% | 19.0 | 13.7 | 0.5 | 1.61% | 2.06% |
| ADP | Automatic Data Processing, Inc. | 1.57% | 26.4 | 22.0 | 5.2 | 2.35% | 1.45% |
| CPAY | Corpay, Inc. | 1.52% | 24.3 | 12.8 | 5.2 | — | 1.53% |
| ACA | Arcosa, Inc. | 1.49% | 36.3 | 29.9 | 2.5 | 0.14% | 1.00% |
| FDS | FactSet Research Systems Inc. | 1.47% | 20.7 | 13.9 | 4.3 | 1.54% | 1.74% |
| GDDY | GoDaddy Inc. | 1.42% | 15.8 | 8.7 | 2.6 | — | 2.21% |
| IT | Gartner, Inc. | 1.42% | 18.6 | 11.3 | 2.0 | — | 1.87% |
| GEN | Gen Digital Inc. | 1.39% | 14.1 | 9.3 | 2.8 | 2.07% | 2.42% |
| CACC | Credit Acceptance Corporation | 1.35% | 11.9 | 10.3 | 4.3 | — | 2.78% |
| PYPL | PayPal Holdings, Inc. | 1.35% | 10.7 | 9.1 | 1.4 | 0.99% | 3.09% |
| AMGN | Amgen Inc. | 1.34% | 26.9 | 16.7 | 6.1 | 2.33% | 1.23% |
| AIT | Applied Industrial Technologies, Inc. | 1.34% | 30.2 | 27.8 | 2.4 | 0.62% | 1.09% |
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 SRHQ valuation
Adding up its 79 holdings with company data, SRHQ trades at 24.4 times trailing earnings and 13.0 times analysts' forward estimates, with a price-to-book ratio of 3.85 and a dividend yield of 1.11%. Its earnings yield of 4.10% is 1.23 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 20.6% of the fund and earn 6.1% of its combined profit. By sector, Healthcare is the most expensive at 43.8 times earnings and Energy the cheapest at 10.6. Companies that lost money over the past year are 7.8% 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 99.1% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: SRHQ chart, SRHQ performance, SRHQ holdings, SRHQ dividends.
SRHQ valuation FAQ
What is the P/E ratio of SRHQ?
Based on its holdings, SRHQ has a trailing P/E of 24.4 and a forward P/E of 13.0 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of SRHQ?
The trailing earnings yield is 4.10% (1 ÷ P/E) and the forward earnings yield 7.71%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is SRHQ more expensive than the S&P 500?
SRHQ trades at 24.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 13.0 and 19.9.
What is the price-to-book ratio of SRHQ?
The holdings of SRHQ trade at 3.85 times book value, with a combined return on equity of 15.8%.
Which sector in SRHQ has the highest P/E?
Healthcare has the highest P/E at 43.8 and Energy the lowest at 10.6.