Zacks Earnings Consistent Portfolio ETF (ZECP) Valuation
ZECP valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 25.5 trailing earnings
- Forward P/E
- 19.6 analyst estimates
- Price / sales
- 2.38
- Price / book
- 5.39
- EV / EBITDA
- 16.6
- Earnings yield
- 3.92% inverse of P/E
- Dividend yield
- 1.42% of the holdings
- Return on equity
- 21.1% combined
- Net margin
- 9.3% combined
- Beta
- 0.87 weighted, vs S&P 500
ZECP valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| ZECP | 25.5 | 19.6 | 2.38 | 5.39 | 1.42% | 21.1% | 9.3% | 0.5% |
| 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.
ZECP valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Technology | 25.5% | 34.0 | 26.4 | 8.15 | 11.36 | 0.71% | 33.4% |
| Financial Services | 16.1% | 15.7 | 13.1 | 2.46 | 2.52 | 1.98% | 16.0% |
| Healthcare | 15.5% | 41.7 | 17.1 | 0.95 | 6.09 | 1.65% | 14.6% |
| Industrials | 13.0% | 32.2 | 25.1 | 3.64 | 6.47 | 1.12% | 20.1% |
| Consumer Defensive | 8.9% | 24.1 | 20.9 | 1.29 | 7.13 | 2.47% | 29.5% |
| Communication Services | 8.0% | 17.5 | 22.3 | 8.80 | 7.14 | 0.23% | 40.7% |
| Consumer Cyclical | 5.8% | 25.3 | 20.0 | 3.09 | 16.11 | 1.79% | 63.8% |
| Utilities | 3.6% | 22.3 | 17.8 | 3.48 | 2.16 | 2.99% | 9.7% |
| Energy | 0.8% | 17.6 | 11.4 | 1.25 | 2.50 | 2.03% | 14.2% |
| Real Estate | 0.6% | 27.7 | 29.2 | 12.36 | 2.37 | 3.40% | 8.6% |
ZECP 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 ZECP weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
ZECP largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| AAPL | Apple Inc. | 8.73% | 39.4 | 35.2 | 10.7 | 0.31% | 5.79% |
| MSFT | Microsoft Corporation | 7.67% | 29.5 | 25.1 | 11.8 | 0.74% | 6.79% |
| GOOGL | Alphabet Inc. | 7.08% | 17.1 | 22.8 | 9.3 | 0.26% | 10.82% |
| LLY | Eli Lilly and Company | 3.13% | 42.2 | 24.4 | 14.1 | 0.55% | 1.94% |
| JPM | JPMorgan Chase & Co. | 3.10% | 14.2 | 13.5 | 4.7 | 1.94% | 5.68% |
| WMT | Walmart Inc. | 2.80% | 43.0 | 38.0 | 1.3 | 0.83% | 1.70% |
| AXP | American Express Company | 2.20% | 19.0 | 15.1 | 3.0 | 1.21% | 3.02% |
| CAH | Cardinal Health, Inc. | 2.19% | 35.1 | 17.7 | 0.2 | 0.81% | 1.63% |
| PG | The Procter & Gamble Company | 2.15% | 24.1 | 21.2 | 4.3 | 2.73% | 2.33% |
| JNJ | Johnson & Johnson | 1.88% | 38.8 | 21.0 | 6.2 | 2.10% | 1.27% |
| CSCO | Cisco Systems, Inc. | 1.88% | 32.2 | 19.8 | 6.7 | 1.56% | 1.52% |
| AEP | American Electric Power Company, Inc. | 1.86% | 22.0 | 17.2 | 3.0 | 2.99% | 2.20% |
| RTX | RTX Corporation | 1.83% | 34.1 | 24.6 | 2.8 | 1.51% | 1.40% |
| HD | The Home Depot, Inc. | 1.71% | 21.5 | 19.8 | 1.8 | 3.01% | 2.07% |
| HIG | The Hartford Financial Services Group, Inc. | 1.71% | 9.6 | 9.2 | 1.2 | 1.78% | 4.66% |
| AMAT | Applied Materials, Inc. | 1.69% | 35.3 | 23.4 | 10.5 | 0.52% | 1.25% |
| CTAS | Cintas Corporation | 1.68% | 42.1 | 36.2 | 7.3 | 0.97% | 1.04% |
| MAR | Marriott International, Inc. | 1.64% | 40.1 | 26.5 | 13.7 | 0.75% | 1.07% |
| RSG | Republic Services, Inc. | 1.58% | 32.8 | 26.3 | 4.2 | 1.16% | 1.26% |
| AMGN | Amgen Inc. | 1.54% | 26.9 | 16.7 | 6.1 | 2.33% | 1.50% |
| TJX | The TJX Companies, Inc. | 1.51% | 27.3 | 24.9 | 2.6 | 1.30% | 1.45% |
| MRSH | Marsh & McLennan Companies, Inc. | 1.51% | 22.5 | 15.0 | 3.2 | 2.10% | 1.75% |
| ETN | Eaton Corporation plc | 1.45% | 39.8 | 27.6 | 5.1 | 1.12% | 0.95% |
| UNH | UnitedHealth Group Incorporated | 1.45% | 25.8 | 16.6 | 0.8 | 2.31% | 1.47% |
| ADI | Analog Devices, Inc. | 1.41% | 47.0 | 23.2 | 13.8 | 1.11% | 0.78% |
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 ZECP valuation
Adding up its 61 holdings with company data, ZECP trades at 25.5 times trailing earnings and 19.6 times analysts' forward estimates, with a price-to-book ratio of 5.39 and a dividend yield of 1.42%. Its earnings yield of 3.92% is 1.41 percentage points below the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 40.9% of the fund and earn 40.9% of its combined profit. By sector, Healthcare is the most expensive at 41.7 times earnings and Financial Services the cheapest at 15.7. Companies that lost money over the past year are 0.5% 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 100.0% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: ZECP chart, ZECP performance, ZECP holdings, ZECP dividends.
ZECP valuation FAQ
What is the P/E ratio of ZECP?
Based on its holdings, ZECP has a trailing P/E of 25.5 and a forward P/E of 19.6 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of ZECP?
The trailing earnings yield is 3.92% (1 ÷ P/E) and the forward earnings yield 5.10%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is ZECP more expensive than the S&P 500?
ZECP trades at 25.5 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 19.6 and 19.9.
What is the price-to-book ratio of ZECP?
The holdings of ZECP trade at 5.39 times book value, with a combined return on equity of 21.1%.
Which sector in ZECP has the highest P/E?
Healthcare has the highest P/E at 41.7 and Financial Services the lowest at 15.7.