Absolute Shares ETF (WBIY) Valuation
WBIY valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 10.2 trailing earnings
- Forward P/E
- 9.0 analyst estimates
- Price / sales
- 1.09
- Price / book
- 1.78
- EV / EBITDA
- 7.8
- Earnings yield
- 9.79% inverse of P/E
- Dividend yield
- 5.73% of the holdings
- Return on equity
- 17.4% combined
- Net margin
- 10.7% combined
- Beta
- 0.73 weighted, vs S&P 500
WBIY valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| WBIY | 10.2 | 9.0 | 1.09 | 1.78 | 5.73% | 17.4% | 10.7% | 0.0% |
| 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.
WBIY valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 17.1% | 9.3 | 8.0 | 1.11 | 1.37 | 6.74% | 14.7% |
| Communication Services | 14.5% | 9.8 | 8.4 | 1.05 | 1.39 | 5.40% | 14.3% |
| Consumer Defensive | 12.4% | 16.9 | 13.5 | 2.34 | 26.73 | 5.63% | 158.5% |
| Technology | 11.2% | 8.6 | 6.7 | 0.96 | 1.31 | 4.34% | 15.3% |
| Consumer Cyclical | 10.1% | 9.2 | 8.4 | 0.51 | 2.01 | 4.41% | 21.8% |
| Basic Materials | 9.5% | 11.0 | 13.6 | 1.14 | 2.14 | 5.37% | 19.5% |
| Utilities | 8.6% | 7.0 | 9.2 | 1.20 | 1.41 | 5.90% | 20.2% |
| Healthcare | 7.0% | 28.1 | 9.6 | 2.61 | 2.17 | 5.50% | 7.7% |
| Industrials | 3.3% | 11.5 | 9.6 | 0.94 | 3.00 | 6.34% | 26.0% |
| Energy | 1.7% | 10.6 | 9.9 | 3.92 | 9.67 | 10.07% | 91.5% |
| Real Estate | 1.4% | 7.8 | — | 4.91 | 0.76 | 14.04% | 9.7% |
WBIY 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 WBIY weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
WBIY largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| PFE | Pfizer Inc. | 5.62% | 38.9 | 9.7 | 2.6 | 5.81% | 1.55% |
| VZ | Verizon Communications Inc. | 5.05% | 11.7 | 8.7 | 1.3 | 6.32% | 4.66% |
| CLX | The Clorox Company | 4.96% | 18.1 | 14.9 | 1.6 | 5.74% | 2.95% |
| EIX | Edison International | 4.94% | 5.8 | 8.2 | 1.1 | 6.28% | 9.23% |
| CTVA | Corteva, Inc. | 4.74% | 8.0 | 19.1 | 1.7 | 5.59% | 6.42% |
| FIS | Fidelity National Information Services, Inc. | 4.73% | 5.5 | 5.1 | 1.5 | 4.89% | 9.20% |
| MO | Altria Group, Inc. | 4.68% | 15.8 | 11.9 | 6.1 | 5.91% | 3.19% |
| T | AT&T Inc. | 4.45% | 7.7 | 9.9 | 1.3 | 4.74% | 6.20% |
| ACN | Accenture plc | 3.26% | 16.9 | 12.4 | 1.9 | 2.98% | 2.07% |
| FNF | Fidelity National Financial, Inc. | 3.02% | 13.9 | 12.8 | 0.7 | 5.19% | 2.34% |
| COLB | Columbia Banking System, Inc. | 2.77% | 11.2 | 8.6 | 3.2 | 5.20% | 2.67% |
| EMN | Eastman Chemical Company | 2.66% | 16.3 | 9.2 | 0.8 | 5.39% | 1.76% |
| WU | The Western Union Company | 2.20% | 5.0 | 3.9 | 0.5 | 15.24% | 4.72% |
| CMCSA | Comcast Corporation | 2.17% | 7.1 | 5.9 | 0.6 | 6.03% | 3.31% |
| SMG | The Scotts Miracle-Gro Company | 2.11% | 19.5 | 12.9 | 0.9 | 4.84% | 1.17% |
| UPS | United Parcel Service, Inc. | 2.07% | 18.1 | 12.0 | 0.9 | 6.73% | 1.23% |
| GPK | Graphic Packaging Holding Company | 1.99% | 13.0 | 8.3 | 0.3 | 5.13% | 1.65% |
| HESM | Hess Midstream LP | 1.74% | 10.6 | 9.9 | 3.9 | 10.07% | 1.77% |
| BBWI | Bath & Body Works, Inc. | 1.69% | 5.3 | 6.3 | 0.6 | 3.97% | 3.44% |
| OMF | OneMain Holdings, Inc. | 1.63% | 8.4 | 6.7 | 2.1 | 7.51% | 2.08% |
| PEP | PepsiCo, Inc. | 1.60% | 16.5 | 14.9 | 1.8 | 4.50% | 1.04% |
| AES | The AES Corporation | 1.53% | 5.6 | 6.6 | 0.8 | 4.71% | 2.95% |
| PRU | Prudential Financial, Inc. | 1.53% | 10.5 | 9.8 | 0.6 | 4.83% | 1.56% |
| NXST | Nexstar Media Group, Inc | 1.51% | 31.2 | 8.9 | 0.9 | 4.52% | 0.52% |
| SON | Sonoco Products Company | 1.46% | 7.7 | 7.9 | 0.7 | 4.34% | 2.04% |
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 WBIY valuation
Adding up its 48 holdings with company data, WBIY trades at 10.2 times trailing earnings and 9.0 times analysts' forward estimates, with a price-to-book ratio of 1.78 and a dividend yield of 5.73%. Its earnings yield of 9.79% is 4.46 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 45.5% of the fund and earn 47.8% of its combined profit. By sector, Healthcare is the most expensive at 28.1 times earnings and Utilities the cheapest at 7.0. Companies that lost money over the past year are 0.0% 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 97.9% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: WBIY chart, WBIY performance, WBIY holdings, WBIY dividends.
WBIY valuation FAQ
What is the P/E ratio of WBIY?
Based on its holdings, WBIY has a trailing P/E of 10.2 and a forward P/E of 9.0 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of WBIY?
The trailing earnings yield is 9.79% (1 ÷ P/E) and the forward earnings yield 11.07%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is WBIY more expensive than the S&P 500?
WBIY trades at 10.2 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 9.0 and 19.9.
What is the price-to-book ratio of WBIY?
The holdings of WBIY trade at 1.78 times book value, with a combined return on equity of 17.4%.
Which sector in WBIY has the highest P/E?
Healthcare has the highest P/E at 28.1 and Utilities the lowest at 7.0.