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Paramount Speciality ForgingsNSE:PSFL 39 Earnings Yield (Joel Greenblatt) % is 11.44% as of Mar. 2026, which is 22% above its 10-year median of 9.40. GuruFocus rates NSE:PSFL with a GF Score™ of 39/100. The stock has 7 warning signs investors should review. Among 3,101 Industrial Products companies, Paramount Speciality Forgings ranks better than 55.21% on this metric.
Paramount Speciality Forgings's Enterprise Value for the quarter that ended in Mar. 2026 was ₹680.2 Mil.
Paramount Speciality Forgings's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₹37.7 Mil. Paramount Speciality Forgings's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 11.44%.
The historical rank and industry rank for Paramount Speciality Forgings's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
NSE:PSFL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.86 Med: 9.4 Max: 15.51
Current: 4.24
During the past 6 years, the highest Earnings Yield (Joel Greenblatt) of Paramount Speciality Forgings was 15.51%. The lowest was 3.86%. And the median was 9.40%.
NSE:PSFL's Earnings Yield (Joel Greenblatt) % is ranked better than 55.21% of 3101
companies
in the Industrial Products industry
Industry Median: 3.46
vs NSE:PSFL: 4.24
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) %. Paramount Speciality Forgings's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 1.34%. 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 Metal Fabrication subindustry, Paramount Speciality Forgings'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.
Paramount Speciality Forgings Earnings Yield (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, Paramount Speciality Forgings's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Paramount Speciality Forgings'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.
Paramount Speciality Forgingss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Mar. 2026 is calculated as
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 11.44% mean?
Paramount Speciality Forgings (NSE:PSFL) has a Earnings Yield (Joel Greenblatt) % of 11.44% 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 Paramount Speciality Forgings and its competitors. This is 22% above median its historical median of 9.40. Over the past decade, Paramount Speciality Forgings' Earnings Yield (Joel Greenblatt) % has ranged from 3.86 to 15.51. According to the industry distribution chart, Paramount Speciality Forgings ranks #1389 out of 3101 companies in the Industrial Products industry, placing it in the top 44.8%.
Is Paramount Speciality Forgings' Earnings Yield (Joel Greenblatt) % too high?
Paramount Speciality Forgings' current Earnings Yield (Joel Greenblatt) % of 11.44% is 22% above median its 10-year median of 9.40. Over the past 10 years, this metric has ranged from a low of 3.86 to a high of 15.51. The Industrial Products industry median Earnings Yield (Joel Greenblatt) % is 3.46. Paramount Speciality Forgings' value of 11.44% is 230.6% above this industry median. Based on the distribution chart, Paramount Speciality Forgings ranks #1389 out of 3101 companies in the Industrial Products industry, which is above the industry midpoint. Overall, Paramount Speciality Forgings has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Paramount Speciality Forgings' Earnings Yield (Joel Greenblatt) % compare to ATI and CRS?
According to the Industrial Products industry distribution chart, Paramount Speciality Forgings ranks #1389 out of 3101 companies for Earnings Yield (Joel Greenblatt) %. This puts Paramount Speciality Forgings in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 3.46. Paramount Speciality Forgings' value of 11.44% is 230.6% above this benchmark. Historically, Paramount Speciality Forgings' own Earnings Yield (Joel Greenblatt) % has ranged from 3.86 to 15.51 over the past decade. While the company's 10-year median is 9.40 vs. the industry median of 3.46, Paramount Speciality Forgings 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 an Industrial Products company?
The median Earnings Yield (Joel Greenblatt) % among Industrial Products companies is 3.46, based on 3,101 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. Paramount Speciality Forgings's current Earnings Yield (Joel Greenblatt) % of 11.44% is 230.6% 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 Paramount Speciality Forgings and its competitors. For the Industrial Products industry, the median Earnings Yield (Joel Greenblatt) % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Paramount Speciality Forgings's current Earnings Yield (Joel Greenblatt) % is 11.44%, which is 22% above median its own 10-year median of 9.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Paramount Speciality Forgings stock overvalued right now?
Paramount Speciality Forgings (NSE:PSFL) has a current Earnings Yield (Joel Greenblatt) % of 11.44%. The current Earnings Yield (Joel Greenblatt) % is 11.44%, which is 22% above median its 10-year median of 9.40 and 230.6% above the Industrial Products industry median of 3.46. Paramount Speciality Forgings' overall GF Score™ is 39/100 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 Paramount Speciality Forgings (NSE:PSFL), the current Earnings Yield (Joel Greenblatt) % is 11.44% 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.
Paramount Speciality Forgings Ltd is engaged in manufacturing steel forgings in India. It manufactures and provides forged components ranging in weight from one kilogram to four metric tons in rough or finish-machined condition. Its products are used in industries such as Petrochemicals, Chemicals, Fertilizers, Oil and Gas, Nuclear Power, and other heavy engineering sectors. The company only operates in the sale of carbon steel and stainless steel flanges and fittings, and other engineering goods made from steel and stainless steel, or any other goods and merchandise.
39GF Score
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