PVI Holdings (HSTC:PVI) Earnings Yield (Joel Greenblatt) %: 9.35% (As of Mar. 2026) — 14% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HSTC:PVI PVI Holdings HSTC:PVI
78 GF Score
Price ₫67,000.00
GF Value ₫70,578.01
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is PVI Holdings Earnings Yield (Joel Greenblatt) %?

PVI Holdings HSTC:PVI +0.60% 78 Earnings Yield (Joel Greenblatt) % is 9.35% as of Mar. 2026, which is 14% below its 10-year median of 10.92. GuruFocus rates HSTC:PVI with a GF Score™ of 78/100 and a GF Value™ of ₫70,578.01 (Fairly Valued). The stock has 4 warning signs investors should review. Among 513 Insurance companies, PVI Holdings ranks better than 61.99% on this metric.

PVI Holdings's Enterprise Value for the quarter that ended in Mar. 2026 was ₫19,571,211 Mil. PVI Holdings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₫1,828,493 Mil. PVI Holdings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 9.35%.

The historical rank and industry rank for PVI Holdings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

HSTC:PVI' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.44   Med: 10.92   Max: 17.43
Current: 10.08

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of PVI Holdings was 17.43%. The lowest was 6.44%. And the median was 10.92%.

HSTC:PVI's Earnings Yield (Joel Greenblatt) % is ranked better than
61.99% of 513 companies
in the Insurance industry
Industry Median: 7.04 vs HSTC:PVI: 10.08

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) %. PVI Holdings's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 10.60%. 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.


PVI Holdings  (HSTC:PVI) 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.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


PVI Holdings Earnings Yield (Joel Greenblatt) % Related Terms


PVI Holdings Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PVI Holdings'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.

PVI Holdings Earnings Yield (Joel Greenblatt) % Chart

PVI Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.63 11.09 12.85 8.06 6.69

PVI Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Earnings Yield (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.93 9.07 9.59 6.69 9.35

HSTC:PVI vs CB, PGR, TRV: Earnings Yield (Joel Greenblatt) % Comparison

For the Insurance - Property & Casualty subindustry, PVI Holdings'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.


PVI Holdings Earnings Yield (Joel Greenblatt) % vs Insurance Industry

For the Insurance industry and Financial Services sector, PVI Holdings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where PVI Holdings's Earnings Yield (Joel Greenblatt) % falls into.


HSTC:PVI
78GF Score
PVI Holdings HSTC:PVI
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PVI Holdings 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.

PVI Holdingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=1508615.939/22551129.348
=6.69 %

PVI Holdings'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 ₫1,828,493 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 9.35% mean?
PVI Holdings (HSTC:PVI) has a Earnings Yield (Joel Greenblatt) % of 9.35% 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 PVI Holdings and its competitors. This is 14% below median its historical median of 10.92. Over the past decade, PVI Holdings' Earnings Yield (Joel Greenblatt) % has ranged from 6.44 to 17.43. According to the industry distribution chart, PVI Holdings ranks #195 out of 513 companies in the Insurance industry, placing it in the top 38%.
Is PVI Holdings' Earnings Yield (Joel Greenblatt) % too high?
PVI Holdings' current Earnings Yield (Joel Greenblatt) % of 9.35% is 14% below median its 10-year median of 10.92. Over the past 10 years, this metric has ranged from a low of 6.44 to a high of 17.43. The Insurance industry median Earnings Yield (Joel Greenblatt) % is 7.04. PVI Holdings' value of 9.35% is 32.8% above this industry median. Based on the distribution chart, PVI Holdings ranks #195 out of 513 companies in the Insurance industry, which is above the industry midpoint. Overall, PVI Holdings has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PVI Holdings' Earnings Yield (Joel Greenblatt) % compare to CB and PGR?
According to the Insurance industry distribution chart, PVI Holdings ranks #195 out of 513 companies for Earnings Yield (Joel Greenblatt) %. This puts PVI Holdings in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 7.04. PVI Holdings' value of 9.35% is 32.8% above this benchmark. Historically, PVI Holdings' own Earnings Yield (Joel Greenblatt) % has ranged from 6.44 to 17.43 over the past decade. While the company's 10-year median is 10.92 vs. the industry median of 7.04, PVI Holdings 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 Insurance company?
The median Earnings Yield (Joel Greenblatt) % among Insurance companies is 7.04, based on 513 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. PVI Holdings's current Earnings Yield (Joel Greenblatt) % of 9.35% is 32.8% 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 PVI Holdings and its competitors. For the Insurance industry, the median Earnings Yield (Joel Greenblatt) % is 7.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PVI Holdings's current Earnings Yield (Joel Greenblatt) % is 9.35%, which is 14% below median its own 10-year median of 10.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PVI Holdings stock overvalued right now?
Based on GuruFocus' analysis, PVI Holdings (HSTC:PVI) is currently considered Fairly Valued. The stock's GF Value™ is ₫70,578.01, compared to a current price of ₫67,000.00 — trading 5.1% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.35%, which is 14% below median its 10-year median of 10.92 and 32.8% above the Insurance industry median of 7.04. PVI Holdings' 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 PVI Holdings (HSTC:PVI), the current Earnings Yield (Joel Greenblatt) % is 9.35% 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 PVI Holdings (HSTC:PVI) Overvalued in 2026?

Based on GuruFocus' analysis, PVI Holdings stock appears to be undervalued. The current stock price of ₫67,000.00 is trading 5.1% below its estimated GF Value™ of ₫70,578.01. GuruFocus considers PVI Holdings to be Fairly Valued.

Key valuation signals for HSTC:PVI:

  • Earnings Yield (Joel Greenblatt) %: 9.35% (14% below median its 10-year median of 10.92)
  • GF Value™: ₫70,578.01 vs. price of ₫67,000.00 (5.1% below fair value)
  • GF Score™: 78/100 with 4 warning signs
  • Industry Position: 32.8% above the Insurance median (#195 of 513)

No single metric tells the full story. See the HSTC:PVI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


PVI Holdings Business Description

Address Pham Van Bach Street, PVI Tower, Lot VP2, Yen Hoa Ward, Cau Giay District, Hanoi, VNM
PVI Holdings is a Vietnam-based investment holding company. Through its subsidiaries, the company is engaged in the Non-life Insurance, Reinsurance and Asset Management.
78GF Score

Get the complete analysis for HSTC:PVI

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₫67,000.00
Price
₫70,578.01
GF Value