Clockwise Core Equity & Innovation ETF (TIME) Valuation
TIME valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 34.1 trailing earnings
- Forward P/E
- 21.5 analyst estimates
- Price / sales
- 3.90
- Price / book
- 6.17
- EV / EBITDA
- 17.9
- Earnings yield
- 2.93% inverse of P/E
- Dividend yield
- 0.81% of the holdings
- Return on equity
- 18.1% combined
- Net margin
- 11.4% combined
- Beta
- 1.20 weighted, vs S&P 500
TIME valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| TIME | 34.1 | 21.5 | 3.90 | 6.17 | 0.81% | 18.1% | 11.4% | 4.6% |
| 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.
TIME valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 41.4% | 78.3 | 24.6 | 12.60 | 13.92 | 0.43% | 17.8% |
| Consumer Cyclical | 9.6% | 22.7 | 22.3 | 2.91 | 4.38 | 0.28% | 19.3% |
| Healthcare | 9.6% | 28.1 | 17.1 | 1.76 | 3.87 | 1.19% | 13.8% |
| Financial Services | 7.6% | 21.5 | 20.0 | 6.83 | 3.91 | 0.81% | 18.2% |
| Industrials | 7.5% | 37.8 | 28.9 | 4.76 | 8.47 | 0.67% | 22.4% |
| Communication Services | 7.2% | 18.7 | 22.6 | 8.97 | 6.98 | 0.27% | 37.4% |
| Energy | 4.0% | 21.0 | 13.8 | 2.31 | 2.40 | 2.40% | 11.4% |
| Consumer Defensive | 4.0% | 23.6 | 16.0 | 0.67 | 5.25 | 2.31% | 22.3% |
| Utilities | 3.2% | 22.0 | 17.1 | 3.33 | 2.28 | 3.22% | 10.4% |
| Basic Materials | 2.1% | 22.4 | 17.3 | 4.83 | 5.24 | 0.95% | 23.4% |
| Real Estate | 0.6% | 25.5 | 24.6 | 7.89 | 21.39 | 3.86% | 83.9% |
TIME 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 TIME weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
TIME largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 9.12% | 27.1 | 24.9 | 17.1 | 0.47% | 11.97% |
| AAPL | Apple Inc. | 8.88% | 39.4 | 35.2 | 10.7 | 0.31% | 8.01% |
| MSFT | Microsoft Corporation | 6.58% | 29.5 | 25.1 | 11.8 | 0.74% | 7.93% |
| GOOGL | Alphabet Inc. | 5.50% | 17.1 | 22.8 | 9.3 | 0.26% | 11.44% |
| AMZN | Amazon.com, Inc. | 5.01% | 20.1 | 23.6 | 3.5 | — | 8.86% |
| AVGO | Broadcom Inc. | 2.54% | 43.3 | 19.4 | 17.6 | 0.79% | 2.08% |
| SQQQ | ProShares UltraPro Short QQQ | 2.28% | — | — | — | — | — |
| UNH | UnitedHealth Group Incorporated | 2.22% | 25.8 | 16.6 | 0.8 | 2.31% | 3.06% |
| SO | The Southern Company | 2.20% | 22.0 | 17.0 | 3.5 | 3.33% | 3.56% |
| MRVL | Marvell Technology, Inc. | 1.86% | 72.3 | 62.1 | 21.7 | 0.11% | 0.91% |
| COP | ConocoPhillips | 1.84% | 19.4 | 12.7 | 2.7 | 2.29% | 3.37% |
| XOM | Exxon Mobil Corporation | 1.72% | 23.0 | 14.8 | 2.0 | 2.30% | 2.65% |
| META | Meta Platforms, Inc. | 1.68% | 26.7 | 22.1 | 7.9 | 0.30% | 2.23% |
| LLY | Eli Lilly and Company | 1.67% | 42.2 | 24.4 | 14.1 | 0.55% | 1.41% |
| DG | Dollar General Corporation | 1.64% | 17.4 | 15.3 | 0.7 | 1.76% | 3.35% |
| MU | Micron Technology, Inc. | 1.57% | 11.8 | 7.0 | 7.5 | 0.07% | 4.73% |
| V | Visa Inc. | 1.57% | 34.3 | 24.0 | 17.0 | 0.67% | 1.63% |
| JPM | JPMorgan Chase & Co. | 1.52% | 14.2 | 13.5 | 4.7 | 1.94% | 3.78% |
| CRM | Salesforce, Inc. | 1.46% | 22.0 | 14.0 | 4.5 | 0.73% | 2.36% |
| ABNB | Airbnb, Inc. | 1.46% | 39.6 | 25.4 | 7.9 | — | 1.31% |
| ASML | ASML Holding N.V. | 1.31% | 40.4 | 28.9 | 16.0 | 0.55% | 1.16% |
| TSLA | Tesla, Inc. | 1.18% | 328.4 | 158.7 | 13.5 | — | 0.13% |
| ECL | Ecolab Inc. | 1.13% | 38.8 | 29.7 | 4.8 | 1.01% | 1.04% |
| DDOG | Datadog, Inc. | 1.13% | 494.2 | 84.7 | 22.4 | — | 0.08% |
| ICLR | ICON Public Limited Company | 1.11% | 179.1 | 14.7 | 1.6 | — | 0.22% |
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 TIME valuation
Adding up its 66 holdings with company data, TIME trades at 34.1 times trailing earnings and 21.5 times analysts' forward estimates, with a price-to-book ratio of 6.17 and a dividend yield of 0.81%. Its earnings yield of 2.93% is 2.39 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 46.2% of the fund and earn 61.2% of its combined profit. By sector, Technology is the most expensive at 78.3 times earnings and Communication Services the cheapest at 18.7. Companies that lost money over the past year are 4.6% 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 96.4% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: TIME chart, TIME performance, TIME holdings, TIME dividends.
TIME valuation FAQ
What is the P/E ratio of TIME?
Based on its holdings, TIME has a trailing P/E of 34.1 and a forward P/E of 21.5 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of TIME?
The trailing earnings yield is 2.93% (1 ÷ P/E) and the forward earnings yield 4.65%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is TIME more expensive than the S&P 500?
TIME trades at 34.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 21.5 and 19.9.
What is the price-to-book ratio of TIME?
The holdings of TIME trade at 6.17 times book value, with a combined return on equity of 18.1%.
Which sector in TIME has the highest P/E?
Technology has the highest P/E at 78.3 and Communication Services the lowest at 18.7.