PPAP Automotive (NSE:PPAP) Earnings Yield (Joel Greenblatt) %: 21.46% (As of Jun. 2026) — 373% Above Median

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NSE:PPAP PPAP Automotive Ltd NSE:PPAP
69 GF Score
Price ₹262.95
GF Value ₹246.81
Valuation Fairly Valued
! 3 Warning Signs
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What is PPAP Automotive Earnings Yield (Joel Greenblatt) %?

PPAP Automotive NSE:PPAP -2.90% 69 Earnings Yield (Joel Greenblatt) % is 21.46% as of Jun. 2026, which is 373% above its 10-year median of 4.54. GuruFocus rates NSE:PPAP with a GF Score™ of 69/100 and a GF Value™ of ₹246.81 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,338 Vehicles & Parts companies, PPAP Automotive ranks better than 83.48% on this metric.

PPAP Automotive's Enterprise Value for the quarter that ended in Jun. 2026 was ₹3,350 Mil. PPAP Automotive's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₹718 Mil. PPAP Automotive's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 21.46%.

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

NSE:PPAP' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2   Med: 4.54   Max: 20.68
Current: 15.3

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of PPAP Automotive was 20.68%. The lowest was -2.00%. And the median was 4.54%.

NSE:PPAP's Earnings Yield (Joel Greenblatt) % is ranked better than
83.48% of 1338 companies
in the Vehicles & Parts industry
Industry Median: 6.01 vs NSE:PPAP: 15.30

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) %. PPAP Automotive'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.


PPAP Automotive  (NSE:PPAP) 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.


PPAP Automotive Earnings Yield (Joel Greenblatt) % Related Terms


PPAP Automotive Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PPAP Automotive'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.

PPAP Automotive Earnings Yield (Joel Greenblatt) % Chart

PPAP Automotive Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 2.22 1.67 6.42 19.53

PPAP Automotive Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 6.68 4.15 5.72 19.53 21.46

NSE:PPAP vs ORLY, AZO: Earnings Yield (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, PPAP Automotive'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.


PPAP Automotive Earnings Yield (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, PPAP Automotive's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


NSE:PPAP
69GF Score
PPAP Automotive Ltd NSE:PPAP
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PPAP Automotive 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.

PPAP Automotives Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=676.556/3460.0261
=19.55 %

PPAP Automotive'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 ₹718 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 21.46% mean?
PPAP Automotive (NSE:PPAP) has a Earnings Yield (Joel Greenblatt) % of 21.46% 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 PPAP Automotive and its competitors. This is 373% above median its historical median of 4.54. According to the industry distribution chart, PPAP Automotive ranks #221 out of 1338 companies in the Vehicles & Parts industry, placing it in the top 16.5%.
Is PPAP Automotive's Earnings Yield (Joel Greenblatt) % too high?
PPAP Automotive's current Earnings Yield (Joel Greenblatt) % of 21.46% is 373% above median its 10-year median of 4.54. The Vehicles & Parts industry median Earnings Yield (Joel Greenblatt) % is 6.01. PPAP Automotive's value of 21.46% is 257.1% above this industry median. Based on the distribution chart, PPAP Automotive ranks #221 out of 1338 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, PPAP Automotive has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does PPAP Automotive's Earnings Yield (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, PPAP Automotive ranks #221 out of 1338 companies for Earnings Yield (Joel Greenblatt) %. This places PPAP Automotive in the top 17% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 6.01. PPAP Automotive's value of 21.46% is 257.1% above this benchmark. While the company's 10-year median is 4.54 vs. the industry median of 6.01, PPAP Automotive 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 Vehicles & Parts company?
The median Earnings Yield (Joel Greenblatt) % among Vehicles & Parts companies is 6.01, based on 1,338 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. PPAP Automotive's current Earnings Yield (Joel Greenblatt) % of 21.46% is 257.1% 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 PPAP Automotive and its competitors. For the Vehicles & Parts industry, the median Earnings Yield (Joel Greenblatt) % is 6.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PPAP Automotive's current Earnings Yield (Joel Greenblatt) % is 21.46%, which is 373% above median its own 10-year median of 4.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PPAP Automotive stock overvalued right now?
Based on GuruFocus' analysis, PPAP Automotive (NSE:PPAP) is currently considered Fairly Valued. The stock's GF Value™ is ₹246.81, compared to a current price of ₹262.95 — trading 6.5% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 21.46%, which is 373% above median its 10-year median of 4.54 and 257.1% above the Vehicles & Parts industry median of 6.01. PPAP Automotive's overall GF Score™ is 69/100 with 3 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 PPAP Automotive (NSE:PPAP), the current Earnings Yield (Joel Greenblatt) % is 21.46% 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 PPAP Automotive (NSE:PPAP) Overvalued in 2026?

Based on GuruFocus' analysis, PPAP Automotive stock appears to be overvalued. The current stock price of ₹262.95 is trading 6.5% above its estimated GF Value™ of ₹246.81. GuruFocus considers PPAP Automotive to be Fairly Valued.

Key valuation signals for NSE:PPAP:

  • Earnings Yield (Joel Greenblatt) %: 21.46% (373% above median its 10-year median of 4.54)
  • GF Value™: ₹246.81 vs. price of ₹262.95 (6.5% above fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 257.1% above the Vehicles & Parts median (#221 of 1338)

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


PPAP Automotive Business Description

Other Exchanges 532934:India
Address Sector-81, B-206A, Phase-II, Noida, UP, IND, 201305
PPAP Automotive Ltd is an Indian company specializing in the manufacturing of automotive sealing systems, interior and exterior automotive parts using plastic and rubber extrusion and plastic injection molding technologies. It serves many automotive OEMs in passenger vehicles, two-wheelers, and commercial vehicle segments. The company operates manufacturing facilities across key automotive hubs in India, including Noida, Surajpur, Chennai, Pathredi, and Viramgam. PPAP also develops high-precision plastic injection toolings and has expanded into lithium-ion battery pack solutions for electric two-wheelers and three-wheelers.
69GF Score

Get the complete analysis for NSE:PPAP

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

₹262.95
Price
₹246.81
GF Value