PBI (Pitney Bowes) Earnings Yield (Joel Greenblatt) %: 8.40% (As of Jun. 2026) — 69% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PBI Pitney Bowes Inc PBI
64 GF Score
Price $16.42
GF Value $9.36
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Pitney Bowes Earnings Yield (Joel Greenblatt) %?

Pitney Bowes PBI -1.38% 64 Earnings Yield (Joel Greenblatt) % is 8.40% as of Jun. 2026, which is 69% above its 10-year median of 4.96. GuruFocus rates PBI with a GF Score™ of 64/100 and a GF Value™ of $9.36 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,028 Transportation companies, Pitney Bowes ranks better than 61.48% on this metric.

Pitney Bowes's Enterprise Value for the quarter that ended in Jun. 2026 was $4,280 Mil. Pitney Bowes's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was $359 Mil. Pitney Bowes's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2026 was 8.40%.

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

PBI' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.94   Med: 4.96   Max: 11.24
Current: 8.7

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Pitney Bowes was 11.24%. The lowest was -4.94%. And the median was 4.96%.

PBI's Earnings Yield (Joel Greenblatt) % is ranked better than
61.48% of 1028 companies
in the Transportation industry
Industry Median: 6.68 vs PBI: 8.70

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) %. Pitney Bowes's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2026 was 7.44%. 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.


Pitney Bowes  (NYSE:PBI) 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.


Pitney Bowes Earnings Yield (Joel Greenblatt) % Related Terms


Pitney Bowes Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Pitney Bowes'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.

Pitney Bowes Earnings Yield (Joel Greenblatt) % Chart

Pitney Bowes Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.01 11.03 2.23 2.00 8.61

Pitney Bowes 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 2.69 5.55 8.61 9.46 8.40

PBI vs HUBG, CYRX, FWRD: Earnings Yield (Joel Greenblatt) % Comparison

For the Integrated Freight & Logistics subindustry, Pitney Bowes'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.


Pitney Bowes Earnings Yield (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Pitney Bowes's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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


PBI
64GF Score
Pitney Bowes Inc PBI
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Pitney Bowes 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.

Pitney Bowess Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=293.984/3417.01328
=8.60 %

Pitney Bowes'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 $359 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 8.40% mean?
Pitney Bowes (PBI) has a Earnings Yield (Joel Greenblatt) % of 8.40% 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 Pitney Bowes and its competitors. This is 69% above median its historical median of 4.96. According to the industry distribution chart, Pitney Bowes ranks #396 out of 1028 companies in the Transportation industry, placing it in the top 38.5%.
Is Pitney Bowes' Earnings Yield (Joel Greenblatt) % too high?
Pitney Bowes' current Earnings Yield (Joel Greenblatt) % of 8.40% is 69% above median its 10-year median of 4.96. The Transportation industry median Earnings Yield (Joel Greenblatt) % is 6.68. Pitney Bowes' value of 8.40% is 25.7% above this industry median. Based on the distribution chart, Pitney Bowes ranks #396 out of 1028 companies in the Transportation industry, which is above the industry midpoint. Overall, Pitney Bowes has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pitney Bowes' Earnings Yield (Joel Greenblatt) % compare to HUBG and CYRX?
According to the Transportation industry distribution chart, Pitney Bowes ranks #396 out of 1028 companies for Earnings Yield (Joel Greenblatt) %. This puts Pitney Bowes in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.68. Pitney Bowes' value of 8.40% is 25.7% above this benchmark. While the company's 10-year median is 4.96 vs. the industry median of 6.68, Pitney Bowes 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 Transportation company?
The median Earnings Yield (Joel Greenblatt) % among Transportation companies is 6.68, based on 1,028 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. Pitney Bowes's current Earnings Yield (Joel Greenblatt) % of 8.40% is 25.7% 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 Pitney Bowes and its competitors. For the Transportation industry, the median Earnings Yield (Joel Greenblatt) % is 6.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pitney Bowes's current Earnings Yield (Joel Greenblatt) % is 8.40%, which is 69% above median its own 10-year median of 4.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pitney Bowes stock overvalued right now?
Based on GuruFocus' analysis, Pitney Bowes (PBI) is currently considered Significantly Overvalued. The stock's GF Value™ is $9.36, compared to a current price of $16.42 — trading 75.4% above its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 8.40%, which is 69% above median its 10-year median of 4.96 and 25.7% above the Transportation industry median of 6.68. Pitney Bowes' overall GF Score™ is 64/100 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 Pitney Bowes (PBI), the current Earnings Yield (Joel Greenblatt) % is 8.40% 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 Pitney Bowes (PBI) Overvalued in 2026?

Based on GuruFocus' analysis, Pitney Bowes stock appears to be overvalued. The current stock price of $16.42 is trading 75.4% above its estimated GF Value™ of $9.36. GuruFocus considers Pitney Bowes to be Significantly Overvalued.

Key valuation signals for PBI:

  • Earnings Yield (Joel Greenblatt) %: 8.40% (69% above median its 10-year median of 4.96)
  • GF Value™: $9.36 vs. price of $16.42 (75.4% above fair value)
  • GF Score™: 64/100 with 3 warning signs
  • Industry Position: 25.7% above the Transportation median (#396 of 1028)

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


Pitney Bowes Business Description

Other Exchanges PBW:GermanyPBI:Argentina
Address 27 Waterview Drive, Shelton, CT, USA, 06484
Pitney Bowes Inc is a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the globe. The company's reportable segments are SendTech Solutions and Presort Services. SendTech Solutions includes the revenue and related expenses from physical and digital mailing and shipping technology solutions, financing, services, supplies and other applications to help simplify and save on the sending, tracking and receiving of letters, parcels and flats. Presort Services includes the revenue and related expenses from sortation services to qualify large volumes of First Class Mail, Marketing Mail and Marketing Mail Flats/Bound Printed Matter for postal work sharing discounts. It derives maximum revenue from SendTech Solutions.
64GF Score

Get the complete analysis for PBI

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

$16.42
Price
$9.36
GF Value