Robo Global Artificial Intelligence ETF (THNQ) Valuation
THNQ valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 82.0 trailing earnings
- Forward P/E
- 29.9 analyst estimates
- Price / sales
- 1.01
- Price / book
- 7.21
- EV / EBITDA
- 27.6
- Earnings yield
- 1.22% inverse of P/E
- Dividend yield
- 0.35% of the holdings
- Return on equity
- 8.8% combined
- Net margin
- 1.2% combined
- Beta
- 1.65 weighted, vs S&P 500
THNQ valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| THNQ | 82.0 | 29.9 | 1.01 | 7.21 | 0.35% | 8.8% | 1.2% | 17.4% |
| 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.
THNQ valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 70.8% | 86.0 | 34.8 | 7.40 | 10.00 | 0.30% | 11.6% |
| Consumer Cyclical | 9.1% | 29.3 | 17.2 | 0.12 | 2.66 | 0.96% | 9.1% |
| Communication Services | 8.8% | 22.6 | 23.6 | 7.79 | 7.70 | 0.22% | 34.0% |
| Healthcare | 6.8% | n/m | 30.8 | 7.24 | 4.54 | 0.00% | −21.2% |
| Industrials | 1.6% | 29.3 | 20.1 | 7.98 | 74.89 | 1.05% | 255.4% |
THNQ 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 THNQ weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
THNQ largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| DDOG | Datadog, Inc. | 2.69% | 494.2 | 84.7 | 22.4 | — | 0.52% |
| P | Everpure, Inc. | 2.42% | 169.9 | 44.8 | 9.7 | — | 1.35% |
| ADI | Analog Devices, Inc. | 2.36% | 47.0 | 23.2 | 13.8 | 1.11% | 4.78% |
| 3443 | Global Unichip Corp | 2.36% | — | — | — | — | — |
| META | Meta Platforms, Inc. | 2.33% | 26.7 | 22.1 | 7.9 | 0.30% | 8.30% |
| PANW | Palo Alto Networks, Inc. | 2.30% | 855.0 | 94.3 | 24.4 | — | 0.26% |
| TEM | Tempus AI, Inc. | 2.29% | — | — | 8.2 | — | −4.70% |
| CRWD | CrowdStrike Holdings, Inc. | 2.24% | — | 208.3 | 43.1 | — | 0.06% |
| NET | Cloudflare, Inc. | 2.20% | — | 178.6 | 42.0 | — | −0.37% |
| AMD | Advanced Micro Devices, Inc. | 2.20% | 134.9 | 39.5 | 20.9 | — | 1.55% |
| GOOGL | Alphabet Inc. | 2.18% | 17.1 | 22.8 | 9.3 | 0.26% | 12.10% |
| IOT | Samsara Inc. | 2.17% | 282.6 | 52.4 | 12.5 | — | 0.73% |
| 2330 | Taiwan Semiconductor Manufacturing Co. Ltd. | 2.13% | — | — | — | — | — |
| MRVL | Marvell Technology, Inc. | 2.12% | 72.3 | 62.1 | 21.7 | 0.11% | 2.79% |
| FROG | JFrog Ltd. | 2.09% | — | 81.3 | 17.3 | — | −0.87% |
| AMZN | Amazon.com, Inc. | 2.09% | 20.1 | 23.6 | 3.5 | — | 9.88% |
| ADSK | Autodesk, Inc. | 2.06% | 31.1 | 17.6 | 6.4 | — | 6.30% |
| ILMN | Illumina, Inc. | 2.04% | 49.0 | 40.3 | 8.8 | — | 3.95% |
| AMBA | Ambarella, Inc. | 2.03% | — | 84.7 | 6.5 | — | −4.06% |
| AVGO | Broadcom Inc. | 1.98% | 43.3 | 19.4 | 17.6 | 0.79% | 4.34% |
| SHOP | Shopify Inc. | 1.97% | 114.5 | 58.8 | 16.6 | — | 1.63% |
| BABA | Alibaba Group Holding Limited | 1.96% | 26.4 | 17.9 | 0.3 | 0.96% | 7.06% |
| CRDO | Credo Technology Group Holding Ltd | 1.91% | 60.2 | 30.9 | 20.0 | — | 3.01% |
| MSFT | Microsoft Corporation | 1.90% | 29.5 | 25.1 | 11.8 | 0.74% | 6.13% |
| QCOM | QUALCOMM Incorporated | 1.88% | 19.9 | 19.6 | 4.2 | 2.14% | 8.97% |
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 THNQ valuation
Adding up its 47 holdings with company data, THNQ trades at 82.0 times trailing earnings and 29.9 times analysts' forward estimates, with a price-to-book ratio of 7.21 and a dividend yield of 0.35%. Its earnings yield of 1.22% is 4.11 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 23.4% of the fund and earn 23.8% of its combined profit. By sector, Technology is the most expensive at 86.0 times earnings and Communication Services the cheapest at 22.6. Companies that lost money over the past year are 17.4% 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 86.3% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: THNQ chart, THNQ performance, THNQ holdings, THNQ dividends.
THNQ valuation FAQ
What is the P/E ratio of THNQ?
Based on its holdings, THNQ has a trailing P/E of 82.0 and a forward P/E of 29.9 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of THNQ?
The trailing earnings yield is 1.22% (1 ÷ P/E) and the forward earnings yield 3.35%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is THNQ more expensive than the S&P 500?
THNQ trades at 82.0 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 29.9 and 19.9.
What is the price-to-book ratio of THNQ?
The holdings of THNQ trade at 7.21 times book value, with a combined return on equity of 8.8%.
Which sector in THNQ has the highest P/E?
Technology has the highest P/E at 86.0 and Communication Services the lowest at 22.6.