Vanguard Consumer Discretionary ETF (VCR) Valuation
VCR valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 32.4 trailing earnings
- Forward P/E
- 19.7 analyst estimates
- Price / sales
- 1.60
- Price / book
- 4.88
- EV / EBITDA
- 14.6
- Earnings yield
- 3.09% inverse of P/E
- Dividend yield
- 0.89% of the holdings
- Return on equity
- 15.1% combined
- Net margin
- 4.9% combined
- Beta
- 1.34 weighted, vs S&P 500
VCR valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| VCR | 32.4 | 19.7 | 1.60 | 4.88 | 0.89% | 15.1% | 4.9% | 3.7% |
| 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.
VCR valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Consumer Cyclical | 95.2% | 32.3 | 19.9 | 1.63 | 5.07 | 0.87% | 15.7% |
| Technology | 1.3% | 32.7 | 18.0 | 1.77 | 4.97 | 1.36% | 15.2% |
| Consumer Defensive | 1.2% | 57.2 | 11.3 | 1.12 | 1.91 | 0.86% | 3.3% |
| Industrials | 0.9% | 20.6 | 14.2 | 0.93 | 2.22 | 1.79% | 10.7% |
| Healthcare | 0.1% | 389.0 | 54.3 | 3.16 | 7.36 | 0.00% | 1.9% |
| Real Estate | 0.1% | 12.0 | 18.7 | 0.39 | 0.68 | 2.29% | 5.7% |
| Communication Services | 0.0% | n/m | 15.4 | 0.35 | 6.73 | 0.00% | −156.1% |
VCR 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 VCR weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
VCR largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AMZN | Amazon.com, Inc. | 22.31% | 20.1 | 23.6 | 3.5 | — | 36.64% |
| TSLA | Tesla, Inc. | 16.05% | 328.4 | 158.7 | 13.5 | — | 1.61% |
| HD | The Home Depot, Inc. | 4.67% | 21.5 | 19.8 | 1.8 | 3.01% | 7.16% |
| MCD | McDonald's Corporation | 2.72% | 19.7 | 17.1 | 6.2 | 3.18% | 4.56% |
| TJX | The TJX Companies, Inc. | 2.29% | 27.3 | 24.9 | 2.6 | 1.30% | 2.77% |
| BKNG | Booking Holdings Inc. | 2.02% | 18.1 | 13.3 | 4.3 | 1.03% | 3.69% |
| SBUX | Starbucks Corporation | 1.74% | 56.4 | 30.9 | 2.9 | 2.58% | 1.02% |
| LOW | Lowe's Companies, Inc. | 1.61% | 16.7 | 15.6 | 1.2 | 2.53% | 3.19% |
| MELI | MercadoLibre, Inc. | 1.30% | 50.5 | 32.8 | 2.6 | — | 0.85% |
| MAR | Marriott International, Inc. | 1.28% | 40.1 | 26.5 | 13.7 | 0.75% | 1.06% |
| HLT | Hilton Worldwide Holdings Inc. | 1.24% | 50.6 | 28.7 | 15.2 | 0.17% | 0.81% |
| ROST | Ross Stores, Inc. | 1.24% | 28.6 | 27.4 | 3.1 | 0.75% | 1.43% |
| ORLY | O'Reilly Automotive, Inc. | 1.23% | 28.3 | 23.4 | 3.9 | — | 1.43% |
| ABNB | Airbnb, Inc. | 1.19% | 39.6 | 25.4 | 7.9 | — | 0.99% |
| RCL | Royal Caribbean Cruises Ltd. | 1.19% | 17.1 | 11.4 | 4.0 | 2.16% | 2.29% |
| DASH | DoorDash, Inc. | 1.18% | 99.6 | 38.0 | 5.2 | — | 0.39% |
| GM | General Motors Company | 1.13% | 37.7 | 5.6 | 0.4 | 0.86% | 0.99% |
| GRMN | Garmin Ltd. | 0.82% | 29.4 | 24.8 | 7.2 | 1.47% | 0.93% |
| F | Ford Motor Company | 0.82% | — | 7.0 | 0.3 | 4.83% | −4.02% |
| AZO | AutoZone, Inc. | 0.80% | 20.5 | 16.5 | 2.5 | — | 1.29% |
| CMG | Chipotle Mexican Grill, Inc. | 0.75% | 27.4 | 28.5 | 3.0 | — | 0.91% |
| EBAY | eBay Inc. | 0.72% | 25.3 | 16.6 | 4.5 | 1.03% | 0.94% |
| NKE | NIKE, Inc. | 0.70% | 17.9 | 21.0 | 1.2 | 4.42% | 1.30% |
| YUM | Yum! Brands, Inc. | 0.62% | 19.0 | 20.4 | 4.7 | 1.99% | 1.08% |
| DHI | D.R. Horton, Inc. | 0.61% | 12.9 | 11.9 | 1.2 | 1.29% | 1.55% |
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 VCR valuation
Adding up its 261 holdings with company data, VCR trades at 32.4 times trailing earnings and 19.7 times analysts' forward estimates, with a price-to-book ratio of 4.88 and a dividend yield of 0.89%. Its earnings yield of 3.09% is 2.24 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 56.0% of the fund and earn 62.6% of its combined profit. By sector, Healthcare is the most expensive at 389.0 times earnings and Real Estate the cheapest at 12.0. Companies that lost money over the past year are 3.7% 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: VCR chart, VCR performance, VCR holdings, VCR dividends.
VCR valuation FAQ
What is the P/E ratio of VCR?
Based on its holdings, VCR has a trailing P/E of 32.4 and a forward P/E of 19.7 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of VCR?
The trailing earnings yield is 3.09% (1 ÷ P/E) and the forward earnings yield 5.09%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is VCR more expensive than the S&P 500?
VCR trades at 32.4 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 19.7 and 19.9.
What is the price-to-book ratio of VCR?
The holdings of VCR trade at 4.88 times book value, with a combined return on equity of 15.1%.
Which sector in VCR has the highest P/E?
Healthcare has the highest P/E at 389.0 and Real Estate the lowest at 12.0.