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.
IRPC PCLFRA:TPIG +0.94%57 Earnings Yield (Joel Greenblatt) % is 12.64% as of Mar. 2026, which is 164% above its 10-year median of 4.79. GuruFocus rates FRA:TPIG with a GF Score™ of 57/100 and a GF Value™ of €0.03. The stock has 9 warning signs investors should review. Among 1,039 Oil & Gas companies, IRPC PCL ranks better than 77.77% on this metric.
IRPC PCL's Enterprise Value for the quarter that ended in Mar. 2026 was €1,857 Mil.
IRPC PCL's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was €251 Mil. IRPC PCL's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 12.64%.
The historical rank and industry rank for IRPC PCL's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
FRA:TPIG'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -11.69 Med: 4.79 Max: 15.15
Current: 11.82
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of IRPC PCL was 15.15%. The lowest was -11.69%. And the median was 4.79%.
FRA:TPIG's Earnings Yield (Joel Greenblatt) % is ranked better than 77.77% of 1039
companies
in the Oil & Gas industry
Industry Median: 5.08
vs FRA:TPIG: 11.82
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) %. IRPC PCL's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 0.00%. 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.
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.
IRPC PCL Earnings Yield (Joel Greenblatt) % Related Terms
IRPC PCL Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for IRPC PCL'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.
For the Oil & Gas Refining & Marketing subindustry, IRPC PCL'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.
IRPC PCL Earnings Yield (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, IRPC PCL's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where IRPC PCL's Earnings Yield (Joel Greenblatt) % falls into.
In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.
IRPC PCLs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
IRPC PCL'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 €251 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 12.64% mean?
IRPC PCL (FRA:TPIG) has a Earnings Yield (Joel Greenblatt) % of 12.64% 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 IRPC PCL and its competitors. This is 164% above median its historical median of 4.79. According to the industry distribution chart, IRPC PCL ranks #231 out of 1039 companies in the Oil & Gas industry, placing it in the top 22.2%.
Is IRPC PCL's Earnings Yield (Joel Greenblatt) % too high?
IRPC PCL's current Earnings Yield (Joel Greenblatt) % of 12.64% is 164% above median its 10-year median of 4.79. The Oil & Gas industry median Earnings Yield (Joel Greenblatt) % is 5.08. IRPC PCL's value of 12.64% is 148.8% above this industry median. Based on the distribution chart, IRPC PCL ranks #231 out of 1039 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, IRPC PCL has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does IRPC PCL's Earnings Yield (Joel Greenblatt) % compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, IRPC PCL ranks #231 out of 1039 companies for Earnings Yield (Joel Greenblatt) %. This places IRPC PCL in the top 22% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 5.08. IRPC PCL's value of 12.64% is 148.8% above this benchmark. While the company's 10-year median is 4.79 vs. the industry median of 5.08, IRPC PCL 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 5.08, based on 1,039 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. IRPC PCL's current Earnings Yield (Joel Greenblatt) % of 12.64% is 148.8% 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 IRPC PCL and its competitors. For the Oil & Gas industry, the median Earnings Yield (Joel Greenblatt) % is 5.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRPC PCL's current Earnings Yield (Joel Greenblatt) % is 12.64%, which is 164% above median its own 10-year median of 4.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRPC PCL stock overvalued right now?
IRPC PCL (FRA:TPIG) has a current Earnings Yield (Joel Greenblatt) % of 12.64%. The stock's GF Value™ is €0.03, compared to a current price of €0.05 — trading 78.3% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 12.64%, which is 164% above median its 10-year median of 4.79 and 148.8% above the Oil & Gas industry median of 5.08. IRPC PCL's overall GF Score™ is 57/100 with 9 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 IRPC PCL (FRA:TPIG), the current Earnings Yield (Joel Greenblatt) % is 12.64% 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 IRPC PCL (FRA:TPIG) Overvalued in 2026?
Based on GuruFocus' analysis, IRPC PCL stock appears to be overvalued.
The current stock price of €0.05 is trading 78.3% above its estimated GF Value™ of €0.03.
Key valuation signals for FRA:TPIG:
Earnings Yield (Joel Greenblatt) %: 12.64% (164% above median its 10-year median of 4.79)
GF Value™: €0.03 vs. price of €0.05 (78.3% above fair value)
Industry Position: 148.8% above the Oil & Gas median (#231 of 1039)
No single metric tells the full story. See the FRA:TPIG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IRPC PCL is a Thailand-based company. The Company is principally engaged in the petroleum and petrochemical business, with its products being refinery, lubricant, olefins, aromatics, plastic resins, and other petrochemical products. The company operates in three reportable segments: the Petroleum products segment, which produces and sells refinery, lubricant, and asphalt; the petrochemical products segment, which produces and sells olefins, aromatics, and related products, including special products; and Other business segments, includes divisions related to the Power plant, jetty, and other utilities. The majority of its revenue is derived from the Petroleum products segment. The Company operates its sales in Thailand, Singapore, and Others.
57GF Score
Get the complete analysis for FRA:TPIG
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
FRA:TPIG has been successfully added to your 
