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Prakash PipesNSE:PPL -1.91%79 Earnings Yield (Joel Greenblatt) % is 17.21% as of Mar. 2026, which is 3% below its 10-year median of 17.68. GuruFocus rates NSE:PPL with a GF Score™ of 79/100 and a GF Value™ of ₹425.08 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 1,803 Construction companies, Prakash Pipes ranks better than 66.78% on this metric.
Prakash Pipes's Enterprise Value for the quarter that ended in Mar. 2026 was ₹3,556 Mil.
Prakash Pipes's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹612 Mil. Prakash Pipes's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 17.21%.
The historical rank and industry rank for Prakash Pipes's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NSE:PPL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 8.28 Med: 17.68 Max: 80.56
Current: 10.26
During the past 9 years, the highest Earnings Yield (Joel Greenblatt) of Prakash Pipes was 80.56%. The lowest was 8.28%. And the median was 17.68%.
NSE:PPL's Earnings Yield (Joel Greenblatt) % is ranked better than 66.78% of 1803
companies
in the Construction industry
Industry Median: 6.39
vs NSE:PPL: 10.26
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) %. Prakash Pipes's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 13.61%. 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.
Prakash Pipes Earnings Yield (Joel Greenblatt) % Related Terms
Prakash Pipes Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Prakash Pipes'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 Products & Equipment subindustry, Prakash Pipes'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.
Prakash Pipes Earnings Yield (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Prakash Pipes's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Prakash Pipes'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.
Prakash Pipess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
Prakash Pipes's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₹612 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 17.21% mean?
Prakash Pipes (NSE:PPL) has a Earnings Yield (Joel Greenblatt) % of 17.21% 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 Prakash Pipes and its competitors. This is near median its historical median of 17.68. Over the past decade, Prakash Pipes' Earnings Yield (Joel Greenblatt) % has ranged from 8.28 to 80.56. According to the industry distribution chart, Prakash Pipes ranks #599 out of 1803 companies in the Construction industry, placing it in the top 33.2%.
Is Prakash Pipes' Earnings Yield (Joel Greenblatt) % too high?
Prakash Pipes' current Earnings Yield (Joel Greenblatt) % of 17.21% is near median its 10-year median of 17.68. Over the past 10 years, this metric has ranged from a low of 8.28 to a high of 80.56. The Construction industry median Earnings Yield (Joel Greenblatt) % is 6.39. Prakash Pipes' value of 17.21% is 169.3% above this industry median. Based on the distribution chart, Prakash Pipes ranks #599 out of 1803 companies in the Construction industry, which is above the industry midpoint. Overall, Prakash Pipes has a GF Score™ of 79/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Prakash Pipes' Earnings Yield (Joel Greenblatt) % compare to TT and JCI?
According to the Construction industry distribution chart, Prakash Pipes ranks #599 out of 1803 companies for Earnings Yield (Joel Greenblatt) %. This puts Prakash Pipes in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.39. Prakash Pipes' value of 17.21% is 169.3% above this benchmark. Historically, Prakash Pipes' own Earnings Yield (Joel Greenblatt) % has ranged from 8.28 to 80.56 over the past decade. While the company's 10-year median is 17.68 vs. the industry median of 6.39, Prakash Pipes 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 6.39, based on 1,803 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. Prakash Pipes's current Earnings Yield (Joel Greenblatt) % of 17.21% is 169.3% 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 Prakash Pipes and its competitors. For the Construction industry, the median Earnings Yield (Joel Greenblatt) % is 6.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Prakash Pipes's current Earnings Yield (Joel Greenblatt) % is 17.21%, which is near median its own 10-year median of 17.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prakash Pipes stock overvalued right now?
Based on GuruFocus' analysis, Prakash Pipes (NSE:PPL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹425.08, compared to a current price of ₹257.05 — trading 39.5% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 17.21%, which is near median its 10-year median of 17.68 and 169.3% above the Construction industry median of 6.39. Prakash Pipes' overall GF Score™ is 79/100 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 Prakash Pipes (NSE:PPL), the current Earnings Yield (Joel Greenblatt) % is 17.21% 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 Prakash Pipes (NSE:PPL) Overvalued in 2026?
Based on GuruFocus' analysis, Prakash Pipes stock appears to be undervalued.
The current stock price of ₹257.05 is trading 39.5% below its estimated GF Value™ of ₹425.08.
GuruFocus considers Prakash Pipes to be Possible Value Trap.
Key valuation signals for NSE:PPL:
Earnings Yield (Joel Greenblatt) %: 17.21% (near median its 10-year median of 17.68)
GF Value™: ₹425.08 vs. price of ₹257.05 (39.5% below fair value)
Industry Position: 169.3% above the Construction median (#599 of 1803)
No single metric tells the full story. See the NSE:PPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Prakash Pipes Ltd is engaged in the manufacture of PVC pipes and fittings. It offers products such as Agri Pipes, Column Pipes, Plumbing Pipes, Casing Pipes, SWR Pipes, Garden Pipes, and their related Fittings. Its segments are PVC Pipe and fittings, and Flexible Packaging. It generates the majority of its revenue from PVC Pipe and fittings.
79GF Score
Get the complete analysis for NSE:PPL
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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