Vanguard Total World Stock ETF (VT) Valuation
VT valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 27.3 trailing earnings
- Forward P/E
- 19.4 analyst estimates
- Price / sales
- 3.00
- Price / book
- 5.02
- EV / EBITDA
- 16.9
- Earnings yield
- 3.66% inverse of P/E
- Dividend yield
- 1.08% of the holdings
- Return on equity
- 18.4% combined
- Net margin
- 11.0% combined
- Beta
- 1.18 weighted, vs S&P 500
VT valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| VT | 27.3 | 19.4 | 3.00 | 5.02 | 1.08% | 18.4% | 11.0% | 4.1% |
| 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.
VT valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 31.4% | 35.3 | 23.0 | 7.91 | 11.66 | 0.51% | 33.1% |
| Consumer Cyclical | 8.3% | 29.2 | 21.1 | 1.97 | 5.38 | 0.74% | 18.4% |
| Healthcare | 8.3% | 43.6 | 17.8 | 1.90 | 5.18 | 1.35% | 11.9% |
| Communication Services | 7.3% | 18.8 | 18.9 | 4.57 | 4.88 | 0.70% | 25.9% |
| Consumer Defensive | 4.3% | 29.4 | 20.6 | 1.51 | 6.13 | 2.31% | 20.8% |
| Energy | 3.9% | 18.8 | 12.3 | 1.66 | 2.28 | 2.39% | 12.1% |
| Utilities | 2.2% | 20.4 | 15.3 | 2.70 | 2.06 | 3.01% | 10.1% |
| Real Estate | 2.1% | 32.4 | 28.3 | 4.94 | 2.60 | 3.78% | 8.0% |
| Services | 0.0% | 14.2 | 15.3 | 1.60 | 2.99 | 2.71% | 21.0% |
VT 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 VT weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
VT largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| NVDA | NVIDIA Corporation | 4.32% | 27.1 | 24.9 | 17.1 | 0.47% | 7.09% |
| AAPL | Apple Inc. | 4.14% | 39.4 | 35.2 | 10.7 | 0.31% | 4.67% |
| MSFT | Microsoft Corporation | 3.38% | 29.5 | 25.1 | 11.8 | 0.74% | 5.09% |
| AMZN | Amazon.com, Inc. | 2.05% | 20.1 | 23.6 | 3.5 | — | 4.52% |
| GOOGL | Alphabet Inc. | 1.68% | 17.1 | 22.8 | 9.3 | 0.26% | 4.37% |
| 2330 | Taiwan Semiconductor Manufacturing Co. Ltd. | 1.63% | — | — | — | — | — |
| AVGO | Broadcom Inc. | 1.39% | 43.3 | 19.4 | 17.6 | 0.79% | 1.43% |
| META | Meta Platforms, Inc. | 1.38% | 26.7 | 22.1 | 7.9 | 0.30% | 2.30% |
| GOOG | Alphabet Inc. | 1.30% | 16.9 | 21.8 | 9.2 | 0.26% | 3.41% |
| MU | Micron Technology, Inc. | 1.03% | 11.8 | 7.0 | 7.5 | 0.07% | 3.87% |
| TSLA | Tesla, Inc. | 0.90% | 328.4 | 158.7 | 13.5 | — | 0.12% |
| AMD | Advanced Micro Devices, Inc. | 0.87% | 134.9 | 39.5 | 20.9 | — | 0.29% |
| JPM | JPMorgan Chase & Co. | 0.77% | 14.2 | 13.5 | 4.7 | 1.94% | 2.39% |
| LLY | Eli Lilly and Company | 0.75% | 42.2 | 24.4 | 14.1 | 0.55% | 0.79% |
| SSNLF | Samsung Electronics Co Ltd | 0.75% | — | — | — | — | — |
| BRK.B | Berkshire Hathaway Inc. | 0.68% | 13.4 | 22.7 | 3.0 | — | 2.27% |
| 000660 | SK Hynix Inc | 0.60% | — | — | — | — | — |
| ASML | ASML Holding N.V. | 0.58% | — | — | — | — | — |
| XOM | Exxon Mobil Corporation | 0.57% | 23.0 | 14.8 | 2.0 | 2.30% | 1.10% |
| JNJ | Johnson & Johnson | 0.55% | 38.8 | 21.0 | 6.2 | 2.10% | 0.63% |
| V | Visa Inc. | 0.53% | 34.3 | 24.0 | 17.0 | 0.67% | 0.68% |
| INTC | Intel Corporation | 0.47% | — | 63.3 | 8.3 | — | −0.49% |
| ABBV | AbbVie Inc. | 0.41% | 80.6 | 16.4 | 7.8 | 2.42% | 0.23% |
| MA | Mastercard Incorporated | 0.38% | 34.0 | 24.2 | 15.4 | 0.56% | 0.49% |
| WMT | Walmart Inc. | 0.37% | 43.0 | 38.0 | 1.3 | 0.83% | 0.38% |
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 VT valuation
Adding up its 1,555 holdings with company data, VT trades at 27.3 times trailing earnings and 19.4 times analysts' forward estimates, with a price-to-book ratio of 5.02 and a dividend yield of 1.08%. Its earnings yield of 3.66% is 1.67 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 22.3% of the fund and earn 36.9% of its combined profit. By sector, Healthcare is the most expensive at 43.6 times earnings and Services the cheapest at 14.2. Companies that lost money over the past year are 4.1% 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 62.8% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: VT chart, VT performance, VT holdings, VT dividends.
VT valuation FAQ
What is the P/E ratio of VT?
Based on its holdings, VT has a trailing P/E of 27.3 and a forward P/E of 19.4 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of VT?
The trailing earnings yield is 3.66% (1 ÷ P/E) and the forward earnings yield 5.16%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is VT more expensive than the S&P 500?
VT trades at 27.3 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 19.4 and 19.9.
What is the price-to-book ratio of VT?
The holdings of VT trade at 5.02 times book value, with a combined return on equity of 18.4%.
Which sector in VT has the highest P/E?
Healthcare has the highest P/E at 43.6 and Services the lowest at 14.2.