Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
BSP:PLPL3'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.39 Med: 15.73 Max: 33.28
Current: 33
During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of Plano & Plano Desenvolvimento Imobiliario was 33.28%. The lowest was 6.39%. And the median was 15.73%.
BSP:PLPL3's Earnings Yield (Joel Greenblatt) % is ranked better than 94.92% of 1829
companies
in the Real Estate industry
Industry Median: 4.78
vs BSP:PLPL3: 33.00
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Plano & Plano Desenvolvimento Imobiliario's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 23.48%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.
Plano & Plano Desenvolvimento Imobiliario (BSP:PLPL3) Earnings Yield (Joel Greenblatt) % Explanation
Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.
Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.
Be Aware
Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Plano & Plano Desenvolvimento Imobiliario Earnings Yield (Joel Greenblatt) % Chart
Plano & Plano Desenvolvimento Imobiliario Annual Data
Plano & Plano Desenvolvimento Imobiliario Earnings Yield (Joel Greenblatt) % Competitor Comparison
For the Real Estate - Development subindustry, Plano & Plano Desenvolvimento Imobiliario's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Plano & Plano Desenvolvimento Imobiliario Earnings Yield (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Plano & Plano Desenvolvimento Imobiliario's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Plano & Plano Desenvolvimento Imobiliario's Earnings Yield (Joel Greenblatt) % falls into.
Plano & Plano Desenvolvimento Imobiliario Earnings Yield (Joel Greenblatt) % Calculation
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
Plano & Plano Desenvolvimento Imobiliario's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was R$577 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 19.80% mean?
Plano & Plano Desenvolvimento Imobiliario (BSP:PLPL3) has a Earnings Yield (Joel Greenblatt) % of 19.80% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Plano & Plano Desenvolvimento Imobiliario and its competitors. This is 26% above median its historical median of 15.73. Over the past decade, Plano & Plano Desenvolvimento Imobiliario's Earnings Yield (Joel Greenblatt) % has ranged from 6.39 to 33.28. According to the industry distribution chart, Plano & Plano Desenvolvimento Imobiliario ranks #93 out of 1829 companies in the Real Estate industry, placing it in the top 5.1%.
Is Plano & Plano Desenvolvimento Imobiliario's Earnings Yield (Joel Greenblatt) % too high?
Plano & Plano Desenvolvimento Imobiliario's current Earnings Yield (Joel Greenblatt) % of 19.80% is 26% above median its 10-year median of 15.73. Over the past 10 years, this metric has ranged from a low of 6.39 to a high of 33.28. The Real Estate industry median Earnings Yield (Joel Greenblatt) % is 4.78. Plano & Plano Desenvolvimento Imobiliario's value of 19.80% is 314.2% above this industry median. Based on the distribution chart, Plano & Plano Desenvolvimento Imobiliario ranks #93 out of 1829 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Plano & Plano Desenvolvimento Imobiliario has a GF Score™ of 83/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Plano & Plano Desenvolvimento Imobiliario's Earnings Yield (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Plano & Plano Desenvolvimento Imobiliario ranks #93 out of 1829 companies for Earnings Yield (Joel Greenblatt) %. This places Plano & Plano Desenvolvimento Imobiliario in the top 5% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 4.78. Plano & Plano Desenvolvimento Imobiliario's value of 19.80% is 314.2% above this benchmark. Historically, Plano & Plano Desenvolvimento Imobiliario's own Earnings Yield (Joel Greenblatt) % has ranged from 6.39 to 33.28 over the past decade. While the company's 10-year median is 15.73 vs. the industry median of 4.78, Plano & Plano Desenvolvimento Imobiliario has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Real Estate company?
The median Earnings Yield (Joel Greenblatt) % among Real Estate companies is 4.78, based on 1,829 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Plano & Plano Desenvolvimento Imobiliario's current Earnings Yield (Joel Greenblatt) % of 19.80% is 314.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Plano & Plano Desenvolvimento Imobiliario and its competitors. For the Real Estate industry, the median Earnings Yield (Joel Greenblatt) % is 4.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Plano & Plano Desenvolvimento Imobiliario's current Earnings Yield (Joel Greenblatt) % is 19.80%, which is 26% above median its own 10-year median of 15.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plano & Plano Desenvolvimento Imobiliario stock overvalued right now?
Based on GuruFocus' analysis, Plano & Plano Desenvolvimento Imobiliario (BSP:PLPL3) is currently considered Possible Value Trap. The stock's GF Value™ is R$19.06, compared to a current price of R$7.58 — trading 60.2% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 19.80%, which is 26% above median its 10-year median of 15.73 and 314.2% above the Real Estate industry median of 4.78. Plano & Plano Desenvolvimento Imobiliario's overall GF Score™ is 83/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Plano & Plano Desenvolvimento Imobiliario (BSP:PLPL3), the current Earnings Yield (Joel Greenblatt) % is 19.80% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Plano & Plano Desenvolvimento Imobiliario (BSP:PLPL3) Overvalued in 2026?
Based on GuruFocus' analysis, Plano & Plano Desenvolvimento Imobiliario stock appears to be undervalued.
The current stock price of R$7.58 is trading 60.2% below its estimated GF Value™ of R$19.06.
GuruFocus considers Plano & Plano Desenvolvimento Imobiliario to be Possible Value Trap.
Key valuation signals for BSP:PLPL3:
Earnings Yield (Joel Greenblatt) %: 19.80% (26% above median its 10-year median of 15.73)
GF Value™: R$19.06 vs. price of R$7.58 (60.2% below fair value)
Industry Position: 314.2% above the Real Estate median (#93 of 1829)
No single metric tells the full story. See the BSP:PLPL3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Plano & Plano Desenvolvimento Imobiliario Business Description
Plano & Plano Desenvolvimento Imobiliario SA is one of the largest construction companies and real estate developers in the Sao Paulo Metropolitan Region.
83GF Score
Get the complete analysis for BSP:PLPL3
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BSP:PLPL3 has been successfully added to your 
