Timothy Plan US Large/Mid Cap Core ETF (TPLC) Valuation
TPLC valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 21.0 trailing earnings
- Forward P/E
- 16.3 analyst estimates
- Price / sales
- 2.17
- Price / book
- 3.00
- EV / EBITDA
- 14.1
- Earnings yield
- 4.76% inverse of P/E
- Dividend yield
- 1.55% of the holdings
- Return on equity
- 14.3% combined
- Net margin
- 10.3% combined
- Beta
- 0.88 weighted, vs S&P 500
TPLC valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| TPLC | 21.0 | 16.3 | 2.17 | 3.00 | 1.55% | 14.3% | 10.3% | 0.2% |
| 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.
TPLC valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Industrials | 23.6% | 28.5 | 20.6 | 2.69 | 5.40 | 1.07% | 18.9% |
| Financial Services | 16.1% | 13.5 | 11.9 | 1.87 | 1.76 | 1.67% | 13.0% |
| Technology | 13.4% | 28.0 | 18.8 | 2.97 | 4.60 | 0.74% | 16.4% |
| Utilities | 12.2% | 20.5 | 16.4 | 2.77 | 2.01 | 3.08% | 9.8% |
| Healthcare | 9.5% | 26.1 | 19.1 | 3.42 | 4.56 | 0.60% | 17.5% |
| Consumer Cyclical | 8.1% | 20.1 | 16.5 | 1.28 | 3.59 | 1.89% | 17.9% |
| Energy | 7.9% | 18.0 | 13.2 | 2.24 | 2.23 | 2.23% | 12.4% |
| Basic Materials | 5.6% | 18.8 | 15.7 | 2.29 | 3.11 | 1.51% | 16.5% |
| Consumer Defensive | 3.3% | 21.0 | 15.3 | 0.72 | 3.06 | 2.28% | 14.6% |
| Communication Services | 0.4% | 54.0 | 8.8 | 1.44 | 3.02 | 2.73% | 5.6% |
TPLC 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 TPLC weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
TPLC largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| ATO | Atmos Energy Corporation | 0.71% | 19.9 | 17.6 | 5.7 | 2.39% | 0.75% |
| WEC | WEC Energy Group, Inc. | 0.67% | 21.1 | 16.9 | 3.5 | 3.50% | 0.67% |
| DUK | Duke Energy Corporation | 0.66% | 18.3 | 15.9 | 2.9 | 3.57% | 0.76% |
| L | Loews Corporation | 0.65% | 13.5 | 12.2 | 1.2 | 0.23% | 1.01% |
| EVRG | Evergy, Inc. | 0.63% | 21.2 | 19.5 | 3.2 | 3.34% | 0.63% |
| SO | The Southern Company | 0.63% | 22.0 | 17.0 | 3.5 | 3.33% | 0.60% |
| AEE | Ameren Corporation | 0.62% | 18.7 | 17.5 | 3.5 | 2.83% | 0.70% |
| ED | Consolidated Edison, Inc. | 0.61% | 18.2 | 16.1 | 2.3 | 3.16% | 0.71% |
| NI | NiSource Inc. | 0.60% | 22.7 | 17.4 | 3.0 | 2.81% | 0.56% |
| AFL | Aflac Incorporated | 0.60% | 12.9 | 15.2 | 3.3 | 2.03% | 0.99% |
| CNP | CenterPoint Energy, Inc. | 0.59% | 24.0 | 17.7 | 2.8 | 2.37% | 0.52% |
| LNT | Alliant Energy Corporation | 0.59% | 21.6 | 17.5 | 4.0 | 3.13% | 0.57% |
| CMS | CMS Energy Corporation | 0.58% | 20.6 | 15.2 | 2.4 | 3.32% | 0.60% |
| AEP | American Electric Power Company, Inc. | 0.57% | 22.0 | 17.2 | 3.0 | 2.99% | 0.55% |
| DTE | DTE Energy Company | 0.56% | 20.6 | 15.6 | 1.6 | 3.59% | 0.58% |
| HIG | The Hartford Financial Services Group, Inc. | 0.56% | 9.6 | 9.2 | 1.2 | 1.78% | 1.23% |
| MKL | Markel Corporation | 0.55% | 10.2 | 15.2 | 1.4 | — | 1.14% |
| LIN | Linde plc | 0.54% | 32.2 | 23.6 | 6.5 | 1.28% | 0.36% |
| WM | Waste Management, Inc. | 0.54% | 32.1 | 22.5 | 3.5 | 1.67% | 0.36% |
| PEG | Public Service Enterprise Group Incorporated | 0.54% | 17.8 | 15.0 | 2.8 | 3.75% | 0.65% |
| RSG | Republic Services, Inc. | 0.54% | 32.8 | 26.3 | 4.2 | 1.16% | 0.35% |
| SNA | Snap-on Incorporated | 0.54% | 18.7 | 17.3 | 3.6 | 2.66% | 0.61% |
| PPL | PPL Corporation | 0.54% | 20.8 | 15.4 | 2.8 | 3.24% | 0.55% |
| EXC | Exelon Corporation | 0.53% | 16.0 | 13.7 | 1.8 | 3.86% | 0.70% |
| COST | Costco Wholesale Corporation | 0.53% | 47.6 | 40.3 | 1.4 | 0.59% | 0.23% |
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 TPLC valuation
Adding up its 310 holdings with company data, TPLC trades at 21.0 times trailing earnings and 16.3 times analysts' forward estimates, with a price-to-book ratio of 3.00 and a dividend yield of 1.55%. Its earnings yield of 4.76% is 0.57 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 6.4% of the fund and earn 7.4% of its combined profit. By sector, Communication Services is the most expensive at 54.0 times earnings and Financial Services the cheapest at 13.5. Companies that lost money over the past year are 0.2% 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 98.9% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: TPLC chart, TPLC performance, TPLC holdings, TPLC dividends.
TPLC valuation FAQ
What is the P/E ratio of TPLC?
Based on its holdings, TPLC has a trailing P/E of 21.0 and a forward P/E of 16.3 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of TPLC?
The trailing earnings yield is 4.76% (1 ÷ P/E) and the forward earnings yield 6.15%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is TPLC more expensive than the S&P 500?
TPLC trades at 21.0 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 16.3 and 19.9.
What is the price-to-book ratio of TPLC?
The holdings of TPLC trade at 3.00 times book value, with a combined return on equity of 14.3%.
Which sector in TPLC has the highest P/E?
Communication Services has the highest P/E at 54.0 and Financial Services the lowest at 13.5.