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IRB Infrastructure DevelopersNSE:IRB -0.05%75 Earnings Yield (Joel Greenblatt) % is 12.00% as of Jun. 2026, which is 11% below its 10-year median of 13.47. GuruFocus rates NSE:IRB with a GF Score™ of 75/100 and a GF Value™ of ₹25.29 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,804 Construction companies, IRB Infrastructure Developers ranks better than 55.32% on this metric.
IRB Infrastructure Developers's Enterprise Value for the quarter that ended in Jun. 2026 was ₹258,711 Mil.
IRB Infrastructure Developers's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹31,091 Mil. IRB Infrastructure Developers's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 12.00%.
The historical rank and industry rank for IRB Infrastructure Developers's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NSE:IRB'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.26 Med: 13.47 Max: 143.92
Current: 7.49
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of IRB Infrastructure Developers was 143.92%. The lowest was 4.26%. And the median was 13.47%.
NSE:IRB's Earnings Yield (Joel Greenblatt) % is ranked better than 55.32% of 1804
companies
in the Construction industry
Industry Median: 6.41
vs NSE:IRB: 7.49
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) %. IRB Infrastructure Developers'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.
* 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 Infrastructure Operations subindustry, IRB Infrastructure Developers'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.
IRB Infrastructure Developers Earnings Yield (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, IRB Infrastructure Developers's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where IRB Infrastructure Developers'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.
IRB Infrastructure Developerss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
IRB Infrastructure Developers'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 ₹31,091 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 12.00% mean?
IRB Infrastructure Developers (NSE:IRB) has a Earnings Yield (Joel Greenblatt) % of 12.00% 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 IRB Infrastructure Developers and its competitors. This is 11% below median its historical median of 13.47. Over the past decade, IRB Infrastructure Developers' Earnings Yield (Joel Greenblatt) % has ranged from 4.26 to 143.92. According to the industry distribution chart, IRB Infrastructure Developers ranks #806 out of 1804 companies in the Construction industry, placing it in the top 44.7%.
Is IRB Infrastructure Developers' Earnings Yield (Joel Greenblatt) % too high?
IRB Infrastructure Developers' current Earnings Yield (Joel Greenblatt) % of 12.00% is 11% below median its 10-year median of 13.47. Over the past 10 years, this metric has ranged from a low of 4.26 to a high of 143.92. The Construction industry median Earnings Yield (Joel Greenblatt) % is 6.41. IRB Infrastructure Developers' value of 12.00% is 87.2% above this industry median. Based on the distribution chart, IRB Infrastructure Developers ranks #806 out of 1804 companies in the Construction industry, which is above the industry midpoint. Overall, IRB Infrastructure Developers has a GF Score™ of 75/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IRB Infrastructure Developers' Earnings Yield (Joel Greenblatt) % compare to competitors?
According to the Construction industry distribution chart, IRB Infrastructure Developers ranks #806 out of 1804 companies for Earnings Yield (Joel Greenblatt) %. This puts IRB Infrastructure Developers in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.41. IRB Infrastructure Developers' value of 12.00% is 87.2% above this benchmark. Historically, IRB Infrastructure Developers' own Earnings Yield (Joel Greenblatt) % has ranged from 4.26 to 143.92 over the past decade. While the company's 10-year median is 13.47 vs. the industry median of 6.41, IRB Infrastructure Developers 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 Construction company?
The median Earnings Yield (Joel Greenblatt) % among Construction companies is 6.41, based on 1,804 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. IRB Infrastructure Developers's current Earnings Yield (Joel Greenblatt) % of 12.00% is 87.2% 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 IRB Infrastructure Developers and its competitors. For the Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. IRB Infrastructure Developers's current Earnings Yield (Joel Greenblatt) % is 12.00%, which is 11% below median its own 10-year median of 13.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IRB Infrastructure Developers stock overvalued right now?
Based on GuruFocus' analysis, IRB Infrastructure Developers (NSE:IRB) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹25.29, compared to a current price of ₹19.35 — trading 23.5% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 12.00%, which is 11% below median its 10-year median of 13.47 and 87.2% above the Construction industry median of 6.41. IRB Infrastructure Developers' overall GF Score™ is 75/100 with 7 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 IRB Infrastructure Developers (NSE:IRB), the current Earnings Yield (Joel Greenblatt) % is 12.00% 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 IRB Infrastructure Developers (NSE:IRB) Overvalued in 2026?
Based on GuruFocus' analysis, IRB Infrastructure Developers stock appears to be undervalued.
The current stock price of ₹19.35 is trading 23.5% below its estimated GF Value™ of ₹25.29.
GuruFocus considers IRB Infrastructure Developers to be Modestly Undervalued.
Key valuation signals for NSE:IRB:
Earnings Yield (Joel Greenblatt) %: 12.00% (11% below median its 10-year median of 13.47)
GF Value™: ₹25.29 vs. price of ₹19.35 (23.5% below fair value)
Industry Position: 87.2% above the Construction median (#806 of 1804)
No single metric tells the full story. See the NSE:IRB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
IRB Infrastructure Developers Ltd is an infrastructure and construction company. The company organizes itself into segments: Built, Operate and Transfer (BOT)/ Toll, Operate and Transfer (TOT) segment consist of operation and maintenance of roads; InvITs & Related Assets segment consists of investments in units of IRB Infrastructure Trust, IRB InvIT Fund and other related assets; and Construction segment consists of development and maintenance of roads. It derives maximum revenue from Construction segment.
75GF 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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