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PetroChina CoFRA:PC6 +0.46%64 Earnings Yield (Joel Greenblatt) % is 9.40% as of Mar. 2026, which is 6% below its 10-year median of 10.05. GuruFocus rates FRA:PC6 with a GF Score™ of 64/100 and a GF Value™ of €0.86 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 1,035 Oil & Gas companies, PetroChina Co ranks better than 74.88% on this metric.
PetroChina Co's Enterprise Value for the quarter that ended in Mar. 2026 was €261,246 Mil.
PetroChina Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €29,851 Mil. PetroChina Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 9.40%.
The historical rank and industry rank for PetroChina Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:PC6'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.04 Med: 10.05 Max: 17.88
Current: 10.49
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of PetroChina Co was 17.88%. The lowest was 3.04%. And the median was 10.05%.
FRA:PC6's Earnings Yield (Joel Greenblatt) % is ranked better than 74.88% of 1035
companies
in the Oil & Gas industry
Industry Median: 4.94
vs FRA:PC6: 10.49
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) %. PetroChina Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 16.26%. 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.
PetroChina Co (FRA:PC6) 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.
PetroChina Co Earnings Yield (Joel Greenblatt) % Related Terms
PetroChina Co Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for PetroChina Co's Earnings Yield (Joel Greenblatt) % can be seen below:
* 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.
PetroChina Co Earnings Yield (Joel Greenblatt) % Chart
FRA:PC6 vs XOM, CVX: Earnings Yield (Joel Greenblatt) % Comparison
For the Oil & Gas Integrated subindustry, PetroChina Co'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.
PetroChina Co Earnings Yield (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PetroChina Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PetroChina Co's Earnings Yield (Joel Greenblatt) % falls into.
PetroChina Co 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.
PetroChina Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
PetroChina Co'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 €29,851 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 9.40% mean?
PetroChina Co (FRA:PC6) has a Earnings Yield (Joel Greenblatt) % of 9.40% 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 PetroChina Co and its competitors. This is near median its historical median of 10.05. Over the past decade, PetroChina Co's Earnings Yield (Joel Greenblatt) % has ranged from 3.04 to 17.88. According to the industry distribution chart, PetroChina Co ranks #260 out of 1035 companies in the Oil & Gas industry, placing it in the top 25.1%.
Is PetroChina Co's Earnings Yield (Joel Greenblatt) % too high?
PetroChina Co's current Earnings Yield (Joel Greenblatt) % of 9.40% is near median its 10-year median of 10.05. Over the past 10 years, this metric has ranged from a low of 3.04 to a high of 17.88. The Oil & Gas industry median Earnings Yield (Joel Greenblatt) % is 4.94. PetroChina Co's value of 9.40% is 90.3% above this industry median. Based on the distribution chart, PetroChina Co ranks #260 out of 1035 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, PetroChina Co has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PetroChina Co's Earnings Yield (Joel Greenblatt) % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, PetroChina Co ranks #260 out of 1035 companies for Earnings Yield (Joel Greenblatt) %. This puts PetroChina Co in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 4.94. PetroChina Co's value of 9.40% is 90.3% above this benchmark. Historically, PetroChina Co's own Earnings Yield (Joel Greenblatt) % has ranged from 3.04 to 17.88 over the past decade. While the company's 10-year median is 10.05 vs. the industry median of 4.94, PetroChina Co 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 an Oil & Gas company?
The median Earnings Yield (Joel Greenblatt) % among Oil & Gas companies is 4.94, based on 1,035 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. PetroChina Co's current Earnings Yield (Joel Greenblatt) % of 9.40% is 90.3% 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 PetroChina Co and its competitors. For the Oil & Gas industry, the median Earnings Yield (Joel Greenblatt) % is 4.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PetroChina Co's current Earnings Yield (Joel Greenblatt) % is 9.40%, which is near median its own 10-year median of 10.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PetroChina Co stock overvalued right now?
Based on GuruFocus' analysis, PetroChina Co (FRA:PC6) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.86, compared to a current price of €1.09 — trading 26.7% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.40%, which is near median its 10-year median of 10.05 and 90.3% above the Oil & Gas industry median of 4.94. PetroChina Co's overall GF Score™ is 64/100 with 2 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 PetroChina Co (FRA:PC6), the current Earnings Yield (Joel Greenblatt) % is 9.40% 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 PetroChina Co (FRA:PC6) Overvalued in 2026?
Based on GuruFocus' analysis, PetroChina Co stock appears to be overvalued.
The current stock price of €1.09 is trading 26.7% above its estimated GF Value™ of €0.86.
GuruFocus considers PetroChina Co to be Modestly Overvalued.
Key valuation signals for FRA:PC6:
Earnings Yield (Joel Greenblatt) %: 9.40% (near median its 10-year median of 10.05)
GF Value™: €0.86 vs. price of €1.09 (26.7% above fair value)
Industry Position: 90.3% above the Oil & Gas median (#260 of 1035)
No single metric tells the full story. See the FRA:PC6 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PetroChina, the national champion that inherited the majority of Chinese onshore oil and gas assets, has developed into an international supermajor. In 2025, it produced more than 1.8 billion barrels of oil equivalent of oil and gas, and processed 1.4 billion barrels of crude oil. It also has more than 22,000 service stations. The fluctuations in the prices of crude oil, refined products, chemical products, and natural gas have a significant impact on PetroChina's revenue. State-owned China National Petroleum Corp is PetroChina's controlling shareholder with a stake of more than 82%.
64GF Score
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Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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