Timothy Plan US Small Cap Core ETF (TPSC) Valuation
TPSC valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 17.0 trailing earnings
- Forward P/E
- 13.7 analyst estimates
- Price / sales
- 1.29
- Price / book
- 2.04
- EV / EBITDA
- 11.0
- Earnings yield
- 5.87% inverse of P/E
- Dividend yield
- 1.51% of the holdings
- Return on equity
- 12.0% combined
- Net margin
- 7.6% combined
- Beta
- 0.94 weighted, vs S&P 500
TPSC valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| TPSC | 17.0 | 13.7 | 1.29 | 2.04 | 1.51% | 12.0% | 7.6% | 0.3% |
| 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.
TPSC valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 24.9% | 12.2 | 11.0 | 1.84 | 1.38 | 2.41% | 11.3% |
| Industrials | 17.0% | 20.0 | 15.7 | 1.23 | 2.62 | 1.16% | 13.1% |
| Consumer Cyclical | 13.1% | 16.0 | 12.0 | 0.65 | 2.08 | 1.38% | 13.0% |
| Technology | 10.8% | 26.3 | 15.0 | 1.76 | 3.68 | 0.32% | 14.0% |
| Healthcare | 8.2% | 29.5 | 20.6 | 2.29 | 3.79 | 0.14% | 12.8% |
| Utilities | 6.2% | 19.8 | 17.5 | 2.57 | 1.60 | 3.45% | 8.1% |
| Energy | 5.9% | 12.6 | 12.0 | 1.50 | 1.61 | 2.06% | 12.8% |
| Basic Materials | 5.6% | 21.2 | 13.3 | 1.34 | 2.54 | 1.57% | 12.0% |
| Consumer Defensive | 5.5% | 18.7 | 15.0 | 0.71 | 2.23 | 1.02% | 11.9% |
| Communication Services | 1.0% | 37.1 | 20.2 | 4.14 | 3.74 | 0.00% | 10.1% |
| Real Estate | 0.8% | 11.6 | 18.0 | 1.17 | 1.93 | 0.76% | 16.7% |
| Services | 0.2% | 14.2 | 15.3 | 1.60 | 2.99 | 2.71% | 21.0% |
| Information Technology | 0.1% | n/m | 45.0 | 20.20 | 2.74 | 0.00% | −2.7% |
TPSC 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 TPSC weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
TPSC largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| CBSH | Commerce Bancshares, Inc. | 0.49% | 13.6 | 13.2 | 4.3 | 1.98% | 0.63% |
| SWX | Southwest Gas Holdings, Inc. | 0.48% | 21.9 | 17.4 | 3.6 | 2.95% | 0.39% |
| INGR | Ingredion Incorporated | 0.48% | 10.7 | 8.4 | 0.9 | 3.39% | 0.80% |
| OGS | ONE Gas, Inc. | 0.46% | 16.3 | 17.4 | 2.1 | 3.60% | 0.50% |
| WTM | White Mountains Insurance Group, Ltd. | 0.46% | 4.9 | 13.9 | 1.7 | 0.05% | 1.65% |
| IDA | IDACORP, Inc. | 0.45% | 22.9 | 18.7 | 4.4 | 2.60% | 0.34% |
| NJR | New Jersey Resources Corporation | 0.44% | 14.5 | 14.9 | 2.4 | 3.83% | 0.54% |
| MDU | MDU Resources Group, Inc. | 0.42% | 20.2 | 17.3 | 2.2 | 2.97% | 0.37% |
| NFG | National Fuel Gas Company | 0.42% | 11.1 | 9.8 | 3.0 | 2.78% | 0.66% |
| UBSI | United Bankshares, Inc. | 0.42% | 12.7 | 13.6 | 5.1 | 3.26% | 0.58% |
| CPK | Chesapeake Utilities Corporation | 0.42% | 21.1 | 17.9 | 3.4 | 2.22% | 0.35% |
| THG | The Hanover Insurance Group, Inc. | 0.41% | 11.2 | 11.1 | 1.2 | 1.63% | 0.65% |
| SR | Spire Inc. | 0.41% | 23.8 | 14.9 | 1.8 | 4.02% | 0.31% |
| AVA | Avista Corporation | 0.41% | 13.2 | 13.0 | 1.6 | 5.37% | 0.55% |
| CNO | CNO Financial Group, Inc. | 0.41% | 18.9 | 9.7 | 1.1 | 1.32% | 0.38% |
| BOKF | BOK Financial Corporation | 0.40% | 11.8 | 12.1 | 3.3 | 2.02% | 0.61% |
| HOMB | Home Bancshares, Inc. (Conway, AR) | 0.40% | 12.0 | 11.0 | 5.2 | 2.95% | 0.59% |
| BCPC | Balchem Corporation | 0.40% | 33.6 | 29.3 | 5.0 | 0.56% | 0.21% |
| MGEE | MGE Energy, Inc. | 0.40% | 17.8 | 25.3 | 3.6 | 2.81% | 0.39% |
| POR | Portland General Electric Company | 0.40% | 19.5 | 12.8 | 1.5 | 4.99% | 0.36% |
| OTTR | Otter Tail Corporation | 0.40% | 19.5 | 16.1 | 2.9 | 2.50% | 0.36% |
| TOWN | TowneBank | 0.39% | 17.8 | 12.5 | 2.9 | 3.10% | 0.39% |
| INDB | Independent Bank Corp. | 0.39% | 11.8 | 9.5 | 3.8 | 3.20% | 0.58% |
| FHB | First Hawaiian, Inc. | 0.39% | 10.8 | 12.2 | 3.4 | 4.17% | 0.63% |
| UCB | United Community Banks, Inc. | 0.38% | 11.1 | 12.5 | 3.7 | 3.05% | 0.61% |
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 TPSC valuation
Adding up its 431 holdings with company data, TPSC trades at 17.0 times trailing earnings and 13.7 times analysts' forward estimates, with a price-to-book ratio of 2.04 and a dividend yield of 1.51%. Its earnings yield of 5.87% is 0.54 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 4.5% of the fund and earn 6.5% of its combined profit. By sector, Communication Services is the most expensive at 37.1 times earnings and Real Estate the cheapest at 11.6. Companies that lost money over the past year are 0.3% 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 96.7% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: TPSC chart, TPSC performance, TPSC holdings, TPSC dividends.
TPSC valuation FAQ
What is the P/E ratio of TPSC?
Based on its holdings, TPSC has a trailing P/E of 17.0 and a forward P/E of 13.7 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of TPSC?
The trailing earnings yield is 5.87% (1 ÷ P/E) and the forward earnings yield 7.32%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is TPSC more expensive than the S&P 500?
TPSC trades at 17.0 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 13.7 and 19.9.
What is the price-to-book ratio of TPSC?
The holdings of TPSC trade at 2.04 times book value, with a combined return on equity of 12.0%.
Which sector in TPSC has the highest P/E?
Communication Services has the highest P/E at 37.1 and Real Estate the lowest at 11.6.