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The historical rank and industry rank for PT Steel Pipe Industry of Indonesia Tbk's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:S08'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.34 Med: 11.64 Max: 21.96
Current: 14.68
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of PT Steel Pipe Industry of Indonesia Tbk was 21.96%. The lowest was 5.34%. And the median was 11.64%.
FRA:S08's Earnings Yield (Joel Greenblatt) % is ranked better than 84.2% of 633
companies
in the Steel industry
Industry Median: 5.61
vs FRA:S08: 14.68
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) %. PT Steel Pipe Industry of Indonesia Tbk's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 1.68%. 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.
PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) 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.
PT Steel Pipe Industry of Indonesia Tbk Earnings Yield (Joel Greenblatt) % Chart
PT Steel Pipe Industry of Indonesia Tbk Annual Data
For the Steel subindustry, PT Steel Pipe Industry of Indonesia Tbk'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.
PT Steel Pipe Industry of Indonesia Tbk Earnings Yield (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, PT Steel Pipe Industry of Indonesia Tbk's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PT Steel Pipe Industry of Indonesia Tbk's Earnings Yield (Joel Greenblatt) % falls into.
PT Steel Pipe Industry of Indonesia Tbk 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.
PT Steel Pipe Industry of Indonesia Tbk's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €43.1 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 15.38% mean?
PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) has a Earnings Yield (Joel Greenblatt) % of 15.38% as of Jun. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on PT Steel Pipe Industry of Indonesia Tbk and its competitors. This is 32% above median its historical median of 11.64. Over the past decade, PT Steel Pipe Industry of Indonesia Tbk's Earnings Yield (Joel Greenblatt) % has ranged from 5.34 to 21.96. According to the industry distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #100 out of 633 companies in the Steel industry, placing it in the top 15.8%.
Is PT Steel Pipe Industry of Indonesia Tbk's Earnings Yield (Joel Greenblatt) % too high?
PT Steel Pipe Industry of Indonesia Tbk's current Earnings Yield (Joel Greenblatt) % of 15.38% is 32% above median its 10-year median of 11.64. Over the past 10 years, this metric has ranged from a low of 5.34 to a high of 21.96. The Steel industry median Earnings Yield (Joel Greenblatt) % is 5.61. PT Steel Pipe Industry of Indonesia Tbk's value of 15.38% is 174.2% above this industry median. Based on the distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #100 out of 633 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, PT Steel Pipe Industry of Indonesia Tbk has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does PT Steel Pipe Industry of Indonesia Tbk's Earnings Yield (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, PT Steel Pipe Industry of Indonesia Tbk ranks #100 out of 633 companies for Earnings Yield (Joel Greenblatt) %. This places PT Steel Pipe Industry of Indonesia Tbk in the top 16% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 5.61. PT Steel Pipe Industry of Indonesia Tbk's value of 15.38% is 174.2% above this benchmark. Historically, PT Steel Pipe Industry of Indonesia Tbk's own Earnings Yield (Joel Greenblatt) % has ranged from 5.34 to 21.96 over the past decade. While the company's 10-year median is 11.64 vs. the industry median of 5.61, PT Steel Pipe Industry of Indonesia Tbk 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 Steel company?
The median Earnings Yield (Joel Greenblatt) % among Steel companies is 5.61, based on 633 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. PT Steel Pipe Industry of Indonesia Tbk's current Earnings Yield (Joel Greenblatt) % of 15.38% is 174.2% 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 PT Steel Pipe Industry of Indonesia Tbk and its competitors. For the Steel industry, the median Earnings Yield (Joel Greenblatt) % is 5.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Steel Pipe Industry of Indonesia Tbk's current Earnings Yield (Joel Greenblatt) % is 15.38%, which is 32% above median its own 10-year median of 11.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Steel Pipe Industry of Indonesia Tbk stock overvalued right now?
PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) has a current Earnings Yield (Joel Greenblatt) % of 15.38%. The stock's GF Value™ is €0.01, compared to a current price of €0.02 — trading 55% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 15.38%, which is 32% above median its 10-year median of 11.64 and 174.2% above the Steel industry median of 5.61. PT Steel Pipe Industry of Indonesia Tbk's overall GF Score™ is 78/100 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 PT Steel Pipe Industry of Indonesia Tbk (FRA:S08), the current Earnings Yield (Joel Greenblatt) % is 15.38% as of Jun. 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 PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) Overvalued in 2026?
Based on GuruFocus' analysis, PT Steel Pipe Industry of Indonesia Tbk stock appears to be overvalued.
The current stock price of €0.02 is trading 55% above its estimated GF Value™ of €0.01.
Key valuation signals for FRA:S08:
Earnings Yield (Joel Greenblatt) %: 15.38% (32% above median its 10-year median of 11.64)
GF Value™: €0.01 vs. price of €0.02 (55% above fair value)
Industry Position: 174.2% above the Steel median (#100 of 633)
No single metric tells the full story. See the FRA:S08 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Steel Pipe Industry of Indonesia Tbk is an Indonesian-based company engaged in manufacturing steel pipes. The company's products include black pipes, water pipes, mechanical pipes, furniture pipes, API pipes, steel poles, spiral pipes, as well as industrial and ornamental stainless steel pipes. The segments of the company are Steel Pipe Mill, Spiral Steel Pipe Mill, Strips and Plate, Services, and others. The company's products are used for furniture, water supply systems, general construction, automotive components, oil and gas, mechanical structures, and chemical industries. Geographically, all operations functioned through the regions of Indonesia.
78GF Score
Get the complete analysis for FRA:S08
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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