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Praetorian Property (Praetorian Property) Earnings Yield (Joel Greenblatt) % : 0.31% (As of Sep. 2015)


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What is Praetorian Property Earnings Yield (Joel Greenblatt) %?

Praetorian Property's Enterprise Value for the quarter that ended in Sep. 2015 was $51.39 Mil. Praetorian Property's EBIT for the trailing twelve months (TTM) ended in Sep. 2015 was $0.16 Mil. Praetorian Property's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2015 was 0.31%.

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

PRRE's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Real Estate industry.
Industry Median: 4.225
* Ranked among companies with meaningful Earnings Yield (Joel Greenblatt) % only.

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) %. Praetorian Property's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2015 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven 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.


Praetorian Property Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Praetorian Property'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.

* Premium members only.

Praetorian Property Earnings Yield (Joel Greenblatt) % Chart

Praetorian Property Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Earnings Yield (Joel Greenblatt) %
- - -0.64 1.02

Praetorian Property Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
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 1.64 1.02 1.07 -0.43 0.31

Competitive Comparison of Praetorian Property's Earnings Yield (Joel Greenblatt) %

For the Real Estate Services subindustry, Praetorian Property'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.


Praetorian Property's Earnings Yield (Joel Greenblatt) % Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Praetorian Property's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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



Praetorian Property 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.

Praetorian Propertys Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2014 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=0.363/41.671
=0.87 %

Praetorian Property's EBIT for the trailing twelve months (TTM) ended in Sep. 2015 adds up the quarterly data reported by the company within the most recent 12 months, which was $0.16 Mil.



Praetorian Property  (OTCPK:PRRE) 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.


Praetorian Property Earnings Yield (Joel Greenblatt) % Related Terms

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Praetorian Property (Praetorian Property) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7702 East Doubletree Ranch Road, Suite 300, Scottsdale, AZ, USA, 85258
Praetorian Property Inc is active in the real estate sector. It is engaged in the business of acquiring a portfolio of distressed properties in certain strategic areas at deep discounts, rehabilitating these properties and selling or leasing them for the quickest and highest return possible. The company focuses on catering to the real estate needs of the regulated cannabis industry, in states and other locations.

Praetorian Property (Praetorian Property) Headlines

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