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.
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.
PROCEPT BioRoboticsPRCT -1.99%70 Earnings Yield (Joel Greenblatt) % is -7.87% as of Mar. 2026. GuruFocus rates PRCT with a GF Score™ of 70/100 and a GF Value™ of $93.34 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 853 Medical Devices & Instruments companies, PROCEPT BioRobotics ranks worse than 73.27% on this metric.
PROCEPT BioRobotics's Enterprise Value for the quarter that ended in Mar. 2026 was $1,255.3 Mil.
PROCEPT BioRobotics's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $-98.8 Mil. PROCEPT BioRobotics's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was -7.87%.
The historical rank and industry rank for PROCEPT BioRobotics's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
PRCT'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -176.54 Med: -4.55 Max: -1.9
Current: -10.87
During the past 7 years, the highest Earnings Yield (Joel Greenblatt) of PROCEPT BioRobotics was -1.90%. The lowest was -176.54%. And the median was -4.55%.
PRCT's Earnings Yield (Joel Greenblatt) % is ranked worse than 73.27% of 853
companies
in the Medical Devices & Instruments industry
Industry Median: 0.76
vs PRCT: -10.87
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) %. PROCEPT BioRobotics's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 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.
PROCEPT BioRobotics Earnings Yield (Joel Greenblatt) % Related Terms
PROCEPT BioRobotics Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for PROCEPT BioRobotics'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 Medical Devices subindustry, PROCEPT BioRobotics'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.
PROCEPT BioRobotics Earnings Yield (Joel Greenblatt) % vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, PROCEPT BioRobotics's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PROCEPT BioRobotics'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.
PROCEPT BioRoboticss Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
PROCEPT BioRobotics'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 $-98.8 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -7.87% mean?
PROCEPT BioRobotics (PRCT) has a Earnings Yield (Joel Greenblatt) % of -7.87% 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 PROCEPT BioRobotics and its competitors. According to the industry distribution chart, PROCEPT BioRobotics ranks #625 out of 853 companies in the Medical Devices & Instruments industry, placing it in the top 73.3%.
Is PROCEPT BioRobotics' Earnings Yield (Joel Greenblatt) % too high?
PROCEPT BioRobotics' current Earnings Yield (Joel Greenblatt) % is -7.87%. Based on the distribution chart, PROCEPT BioRobotics ranks #625 out of 853 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, PROCEPT BioRobotics has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PROCEPT BioRobotics' Earnings Yield (Joel Greenblatt) % compare to ENOV and INSP?
According to the Medical Devices & Instruments industry distribution chart, PROCEPT BioRobotics ranks #625 out of 853 companies for Earnings Yield (Joel Greenblatt) %. This places PROCEPT BioRobotics in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 0.76. 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 Medical Devices & Instruments company?
The median Earnings Yield (Joel Greenblatt) % among Medical Devices & Instruments companies is 0.76, based on 853 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. 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 PROCEPT BioRobotics and its competitors. For the Medical Devices & Instruments industry, the median Earnings Yield (Joel Greenblatt) % is 0.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PROCEPT BioRobotics's current Earnings Yield (Joel Greenblatt) % is -7.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PROCEPT BioRobotics stock overvalued right now?
Based on GuruFocus' analysis, PROCEPT BioRobotics (PRCT) is currently considered Significantly Undervalued. The stock's GF Value™ is $93.34, compared to a current price of $18.92 — trading 79.7% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -7.87%. PROCEPT BioRobotics' overall GF Score™ is 70/100 with 2 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 PROCEPT BioRobotics (PRCT), the current Earnings Yield (Joel Greenblatt) % is -7.87% 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 PROCEPT BioRobotics (PRCT) Overvalued in 2026?
Based on GuruFocus' analysis, PROCEPT BioRobotics stock appears to be undervalued.
The current stock price of $18.92 is trading 79.7% below its estimated GF Value™ of $93.34.
GuruFocus considers PROCEPT BioRobotics to be Significantly Undervalued.
Key valuation signals for PRCT:
Earnings Yield (Joel Greenblatt) %: -7.87%
GF Value™: $93.34 vs. price of $18.92 (79.7% below fair value)
No single metric tells the full story. See the PRCT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PROCEPT BioRobotics Corp is a surgical robotics company focused on advancing patient care by developing transformative solutions in urology. The company develops, manufactures, and sells the AquaBeam Robotic System and HYDROS Robotic System, image-guided, surgical robotic systems for use in minimally invasive urologic surgery, with an initial focus on treating benign prostatic hyperplasia, or BPH. Geographically, the company generates a majority of its revenue from the United States and also has a presence in markets outside the U.S.
70GF Score
Get the complete analysis for PRCT
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
PRCT has been successfully added to your 
