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PPCJSE:PPC +0.27%66 Earnings Yield (Joel Greenblatt) % is 16.08% as of Mar. 2026, which is 125% above its 10-year median of 7.15. GuruFocus rates JSE:PPC with a GF Score™ of 66/100 and a GF Value™ of R4.61 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 416 Building Materials companies, PPC ranks better than 81.49% on this metric.
PPC's Enterprise Value for the quarter that ended in Mar. 2026 was R8,269 Mil.
PPC's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was R1,329 Mil. PPC's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 16.08%.
The historical rank and industry rank for PPC's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
JSE:PPC'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -8.42 Med: 7.15 Max: 30.35
Current: 12.7
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of PPC was 30.35%. The lowest was -8.42%. And the median was 7.15%.
JSE:PPC's Earnings Yield (Joel Greenblatt) % is ranked better than 81.49% of 416
companies
in the Building Materials industry
Industry Median: 5.28
vs JSE:PPC: 12.70
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) %. PPC's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 8.46%. 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.
PPC Earnings Yield (Joel Greenblatt) % Related Terms
PPC Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for PPC'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 Building Materials subindustry, PPC'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.
PPC Earnings Yield (Joel Greenblatt) % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, PPC's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PPC'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.
PPCs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.
What does a Earnings Yield (Joel Greenblatt) % of 16.08% mean?
PPC (JSE:PPC) has a Earnings Yield (Joel Greenblatt) % of 16.08% 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 PPC and its competitors. This is 125% above median its historical median of 7.15. According to the industry distribution chart, PPC ranks #77 out of 416 companies in the Building Materials industry, placing it in the top 18.5%.
Is PPC's Earnings Yield (Joel Greenblatt) % too high?
PPC's current Earnings Yield (Joel Greenblatt) % of 16.08% is 125% above median its 10-year median of 7.15. The Building Materials industry median Earnings Yield (Joel Greenblatt) % is 5.28. PPC's value of 16.08% is 204.5% above this industry median. Based on the distribution chart, PPC ranks #77 out of 416 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, PPC has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PPC's Earnings Yield (Joel Greenblatt) % compare to CRH and VMC?
According to the Building Materials industry distribution chart, PPC ranks #77 out of 416 companies for Earnings Yield (Joel Greenblatt) %. This places PPC in the top 19% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 5.28. PPC's value of 16.08% is 204.5% above this benchmark. While the company's 10-year median is 7.15 vs. the industry median of 5.28, PPC 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 Building Materials company?
The median Earnings Yield (Joel Greenblatt) % among Building Materials companies is 5.28, based on 416 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. PPC's current Earnings Yield (Joel Greenblatt) % of 16.08% is 204.5% 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 PPC and its competitors. For the Building Materials industry, the median Earnings Yield (Joel Greenblatt) % is 5.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PPC's current Earnings Yield (Joel Greenblatt) % is 16.08%, which is 125% above median its own 10-year median of 7.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPC stock overvalued right now?
Based on GuruFocus' analysis, PPC (JSE:PPC) is currently considered Significantly Overvalued. The stock's GF Value™ is R4.61, compared to a current price of R7.48 — trading 62.3% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 16.08%, which is 125% above median its 10-year median of 7.15 and 204.5% above the Building Materials industry median of 5.28. PPC's overall GF Score™ is 66/100 with 1 warning sign 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 PPC (JSE:PPC), the current Earnings Yield (Joel Greenblatt) % is 16.08% 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 PPC (JSE:PPC) Overvalued in 2026?
Based on GuruFocus' analysis, PPC stock appears to be overvalued.
The current stock price of R7.48 is trading 62.3% above its estimated GF Value™ of R4.61.
GuruFocus considers PPC to be Significantly Overvalued.
Key valuation signals for JSE:PPC:
Earnings Yield (Joel Greenblatt) %: 16.08% (125% above median its 10-year median of 7.15)
GF Value™: R4.61 vs. price of R7.48 (62.3% above fair value)
Industry Position: 204.5% above the Building Materials median (#77 of 416)
No single metric tells the full story. See the JSE:PPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PPC Ltd is a South Africa-based company that supplies cement and other related products in South Africa and several other African countries. Its production facilities span South Africa, Botswana, Zimbabwe, and Rwanda. The operating segments are South Africa and Botswana Cement, Zimbabwe, Rwanda, Aggregates, ash and readymix, and Group services and others. The company generates the majority of its revenue from the South Africa and Botswana domestic markets, where it marketed its cement products under the brand names OPC, SureRoad, IDM Best Build, Castle, and Spar Build-It. It also distributes cement products in Botswana, Zimbabwe, Mozambique, the Democratic Republic of the Congo, Rwanda, and Ethiopia under the brands OPC, Unicem, Botcem, and Surebuild PMC.
66GF 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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