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Grasim IndustriesNSE:GRASIM -0.60%83 Earnings Yield (Joel Greenblatt) % is 9.26% as of Jun. 2026, which is 18% above its 10-year median of 7.86. GuruFocus rates NSE:GRASIM with a GF Score™ of 83/100 and a GF Value™ of ₹3,061.34 (Fairly Valued). The stock has 8 warning signs investors should review. Among 417 Building Materials companies, Grasim Industries ranks worse than 60.19% on this metric.
Grasim Industries's Enterprise Value for the quarter that ended in Jun. 2026 was ₹2,102,584 Mil.
Grasim Industries's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹194,649 Mil. Grasim Industries's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 9.26%.
The historical rank and industry rank for Grasim Industries's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NSE:GRASIM'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.91 Med: 7.86 Max: 24.12
Current: 4.01
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Grasim Industries was 24.12%. The lowest was 2.91%. And the median was 7.86%.
NSE:GRASIM's Earnings Yield (Joel Greenblatt) % is ranked worse than 60.19% of 417
companies
in the Building Materials industry
Industry Median: 5.29
vs NSE:GRASIM: 4.01
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) %. Grasim Industries's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 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.
Grasim Industries Earnings Yield (Joel Greenblatt) % Related Terms
Grasim Industries Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Grasim Industries'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, Grasim Industries'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.
Grasim Industries Earnings Yield (Joel Greenblatt) % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Grasim Industries's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Grasim Industries'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.
Grasim Industriess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Grasim Industries'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 ₹194,649 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 9.26% mean?
Grasim Industries (NSE:GRASIM) has a Earnings Yield (Joel Greenblatt) % of 9.26% 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 Grasim Industries and its competitors. This is 18% above median its historical median of 7.86. Over the past decade, Grasim Industries' Earnings Yield (Joel Greenblatt) % has ranged from 2.91 to 24.12. According to the industry distribution chart, Grasim Industries ranks #251 out of 417 companies in the Building Materials industry, placing it in the top 60.2%.
Is Grasim Industries' Earnings Yield (Joel Greenblatt) % too high?
Grasim Industries' current Earnings Yield (Joel Greenblatt) % of 9.26% is 18% above median its 10-year median of 7.86. Over the past 10 years, this metric has ranged from a low of 2.91 to a high of 24.12. The Building Materials industry median Earnings Yield (Joel Greenblatt) % is 5.29. Grasim Industries' value of 9.26% is 75% above this industry median. Based on the distribution chart, Grasim Industries ranks #251 out of 417 companies in the Building Materials industry, which is below the industry midpoint. Overall, Grasim Industries has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grasim Industries' Earnings Yield (Joel Greenblatt) % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Grasim Industries ranks #251 out of 417 companies for Earnings Yield (Joel Greenblatt) %. This places Grasim Industries in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 5.29. Grasim Industries' value of 9.26% is 75% above this benchmark. Historically, Grasim Industries' own Earnings Yield (Joel Greenblatt) % has ranged from 2.91 to 24.12 over the past decade. While the company's 10-year median is 7.86 vs. the industry median of 5.29, Grasim Industries 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 5.29, based on 417 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. Grasim Industries's current Earnings Yield (Joel Greenblatt) % of 9.26% is 75% 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 Grasim Industries and its competitors. For the Building Materials industry, the median Earnings Yield (Joel Greenblatt) % is 5.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grasim Industries's current Earnings Yield (Joel Greenblatt) % is 9.26%, which is 18% above median its own 10-year median of 7.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grasim Industries stock overvalued right now?
Based on GuruFocus' analysis, Grasim Industries (NSE:GRASIM) is currently considered Fairly Valued. The stock's GF Value™ is ₹3,061.34, compared to a current price of ₹3,288.00 — trading 7.4% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.26%, which is 18% above median its 10-year median of 7.86 and 75% above the Building Materials industry median of 5.29. Grasim Industries' overall GF Score™ is 83/100 with 8 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 Grasim Industries (NSE:GRASIM), the current Earnings Yield (Joel Greenblatt) % is 9.26% 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 Grasim Industries (NSE:GRASIM) Overvalued in 2026?
Based on GuruFocus' analysis, Grasim Industries stock appears to be overvalued.
The current stock price of ₹3,288.00 is trading 7.4% above its estimated GF Value™ of ₹3,061.34.
GuruFocus considers Grasim Industries to be Fairly Valued.
Key valuation signals for NSE:GRASIM:
Earnings Yield (Joel Greenblatt) %: 9.26% (18% above median its 10-year median of 7.86)
GF Value™: ₹3,061.34 vs. price of ₹3,288.00 (7.4% above fair value)
Industry Position: 75% above the Building Materials median (#251 of 417)
No single metric tells the full story. See the NSE:GRASIM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grasim Industries Ltd is a cement and viscose staple fibre (VSF) manufacturing firm based in India. The activities of the group fall under the operating segments of Cellulosic Fibres, Chemicals, Building materials, Financial Services, and Others. It derives key revenue from the Building materials segment which covers products like grey cement, paints, white cement, and allied products. Geographically, the company derives a majority of its revenue from the domestic market and the rest from other countries through exports.
83GF Score
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