PG (MAL:PG) Earnings Yield (Joel Greenblatt) %: 0.00% (As of Oct. 2025)

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.

MAL:PG PG PLC MAL:PG
98 GF Score
Price €1.64
GF Value €2.31
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is PG Earnings Yield (Joel Greenblatt) %?

PG MAL:PG 98 Earnings Yield (Joel Greenblatt) % is 0.00% as of Oct. 2025. GuruFocus rates MAL:PG with a GF Score™ of 98/100 and a GF Value™ of €2.31 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,128 Retail - Cyclical companies, PG ranks better than 71.01% on this metric.

PG's Enterprise Value for the quarter that ended in Oct. 2025 was €0.0 Mil. PG's EBIT for the trailing twelve months (TTM) ended in Oct. 2025 was €19.8 Mil. PG's Earnings Yield (Joel Greenblatt) for the quarter that ended in Oct. 2025 was 0.00%.

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

MAL:PG' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.22   Med: 7.41   Max: 23.56
Current: 9.53

During the past 9 years, the highest Earnings Yield (Joel Greenblatt) of PG was 23.56%. The lowest was 5.22%. And the median was 7.41%.

MAL:PG's Earnings Yield (Joel Greenblatt) % is ranked better than
71.01% of 1128 companies
in the Retail - Cyclical industry
Industry Median: 5.805 vs MAL:PG: 9.53

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) %. PG's Forward Rate of Return (Yacktman) % for the quarter that ended in Oct. 2025 was 13.32%. 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.


PG  (MAL:PG) 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.


PG Earnings Yield (Joel Greenblatt) % Related Terms


PG Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PG'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.

PG Earnings Yield (Joel Greenblatt) % Chart

PG Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 6.99 8.35 8.82 8.08 8.03

PG Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25
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 10.22 8.82 9.49 0.00 0.00

MAL:PG vs DDS, M: Earnings Yield (Joel Greenblatt) % Comparison

For the Department Stores subindustry, PG'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.


PG Earnings Yield (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, PG's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


MAL:PG
98GF Score
PG PLC MAL:PG
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PG 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.

PGs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Apr. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=18.931/234.347
=8.08 %

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 0.00% mean?
PG (MAL:PG) has a Earnings Yield (Joel Greenblatt) % of 0.00% as of Oct. 2025. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on PG and its competitors. Over the past decade, PG's Earnings Yield (Joel Greenblatt) % has ranged from 5.22 to 23.56. According to the industry distribution chart, PG ranks #327 out of 1128 companies in the Retail - Cyclical industry, placing it in the top 29%.
Is PG's Earnings Yield (Joel Greenblatt) % too high?
PG's current Earnings Yield (Joel Greenblatt) % is 0.00%. Over the past 10 years, this metric has ranged from a low of 5.22 to a high of 23.56. Based on the distribution chart, PG ranks #327 out of 1128 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, PG has a GF Score™ of 98/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PG's Earnings Yield (Joel Greenblatt) % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, PG ranks #327 out of 1128 companies for Earnings Yield (Joel Greenblatt) %. This puts PG in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.81. Historically, PG's own Earnings Yield (Joel Greenblatt) % has ranged from 5.22 to 23.56 over the past decade. 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 Retail - Cyclical company?
The median Earnings Yield (Joel Greenblatt) % among Retail - Cyclical companies is 5.81, based on 1,128 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. 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 PG and its competitors. For the Retail - Cyclical industry, the median Earnings Yield (Joel Greenblatt) % is 5.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PG's current Earnings Yield (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PG stock overvalued right now?
Based on GuruFocus' analysis, PG (MAL:PG) is currently considered Modestly Undervalued. The stock's GF Value™ is €2.31, compared to a current price of €1.64 — trading 29% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 0.00%. PG's overall GF Score™ is 98/100 with 5 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 PG (MAL:PG), the current Earnings Yield (Joel Greenblatt) % is 0.00% as of Oct. 2025. 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 PG (MAL:PG) Overvalued in 2026?

Based on GuruFocus' analysis, PG stock appears to be undervalued. The current stock price of €1.64 is trading 29% below its estimated GF Value™ of €2.31. GuruFocus considers PG to be Modestly Undervalued.

Key valuation signals for MAL:PG:

  • Earnings Yield (Joel Greenblatt) %: 0.00%
  • GF Value™: €2.31 vs. price of €1.64 (29% below fair value)
  • GF Score™: 98/100 with 5 warning signs

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


PG Business Description

Address Valletta Road, PAMA Shopping Village, Mosta, MLT, MST 9017
PG PLC is a Malta-based investment company that manages supermarket and retail markets. It is engaged in the retailing of food, household goods, and other ancillary products through the PAVI Shopping Complex in Qormi and the PAMA Shopping Village in Mosta. It is also involved in the selling of Zara clothing and Zara Home household goods as a franchisee. The company also leases several retail outlets within Pavi Shopping Complex and Pama Shopping Village to third parties.
98GF Score

Get the complete analysis for MAL:PG

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

€1.64
Price
€2.31
GF Value