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PermRock Royalty TrustPRT +1.30%71 Earnings Yield (Joel Greenblatt) % is 9.34% as of Mar. 2026, which is 20% below its 10-year median of 11.71. GuruFocus rates PRT with a GF Score™ of 71/100 and a GF Value™ of $2.63 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,033 Oil & Gas companies, PermRock Royalty Trust ranks better than 83.06% on this metric.
PermRock Royalty Trust's Enterprise Value for the quarter that ended in Mar. 2026 was $39.11 Mil.
PermRock Royalty Trust's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $3.65 Mil. PermRock Royalty Trust's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 9.34%.
The historical rank and industry rank for PermRock Royalty Trust's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
PRT'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.01 Med: 11.71 Max: 59.55
Current: 13.32
During the past 10 years, the highest Earnings Yield (Joel Greenblatt) of PermRock Royalty Trust was 59.55%. The lowest was 2.01%. And the median was 11.71%.
PRT's Earnings Yield (Joel Greenblatt) % is ranked better than 83.06% of 1033
companies
in the Oil & Gas industry
Industry Median: 4.82
vs PRT: 13.32
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) %. PermRock Royalty Trust'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.
PermRock Royalty Trust Earnings Yield (Joel Greenblatt) % Related Terms
PermRock Royalty Trust Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for PermRock Royalty Trust'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 Oil & Gas E&P subindustry, PermRock Royalty Trust'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.
PermRock Royalty Trust Earnings Yield (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, PermRock Royalty Trust's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where PermRock Royalty Trust'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.
PermRock Royalty Trusts Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as
PermRock Royalty Trust'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 $3.65 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 9.34% mean?
PermRock Royalty Trust (PRT) has a Earnings Yield (Joel Greenblatt) % of 9.34% 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 PermRock Royalty Trust and its competitors. This is 20% below median its historical median of 11.71. Over the past decade, PermRock Royalty Trust's Earnings Yield (Joel Greenblatt) % has ranged from 2.01 to 59.55. According to the industry distribution chart, PermRock Royalty Trust ranks #175 out of 1033 companies in the Oil & Gas industry, placing it in the top 16.9%.
Is PermRock Royalty Trust's Earnings Yield (Joel Greenblatt) % too high?
PermRock Royalty Trust's current Earnings Yield (Joel Greenblatt) % of 9.34% is 20% below median its 10-year median of 11.71. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 59.55. The Oil & Gas industry median Earnings Yield (Joel Greenblatt) % is 4.82. PermRock Royalty Trust's value of 9.34% is 93.8% above this industry median. Based on the distribution chart, PermRock Royalty Trust ranks #175 out of 1033 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, PermRock Royalty Trust has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does PermRock Royalty Trust's Earnings Yield (Joel Greenblatt) % compare to BATL and SPND?
According to the Oil & Gas industry distribution chart, PermRock Royalty Trust ranks #175 out of 1033 companies for Earnings Yield (Joel Greenblatt) %. This places PermRock Royalty Trust in the top 17% of its industry — outperforming the majority of peers. The industry median Earnings Yield (Joel Greenblatt) % is 4.82. PermRock Royalty Trust's value of 9.34% is 93.8% above this benchmark. Historically, PermRock Royalty Trust's own Earnings Yield (Joel Greenblatt) % has ranged from 2.01 to 59.55 over the past decade. While the company's 10-year median is 11.71 vs. the industry median of 4.82, PermRock Royalty Trust 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 Oil & Gas company?
The median Earnings Yield (Joel Greenblatt) % among Oil & Gas companies is 4.82, based on 1,033 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. PermRock Royalty Trust's current Earnings Yield (Joel Greenblatt) % of 9.34% is 93.8% 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 PermRock Royalty Trust and its competitors. For the Oil & Gas industry, the median Earnings Yield (Joel Greenblatt) % is 4.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PermRock Royalty Trust's current Earnings Yield (Joel Greenblatt) % is 9.34%, which is 20% below median its own 10-year median of 11.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PermRock Royalty Trust stock overvalued right now?
Based on GuruFocus' analysis, PermRock Royalty Trust (PRT) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.63, compared to a current price of $2.34 — trading 11% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 9.34%, which is 20% below median its 10-year median of 11.71 and 93.8% above the Oil & Gas industry median of 4.82. PermRock Royalty Trust's overall GF Score™ is 71/100 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 PermRock Royalty Trust (PRT), the current Earnings Yield (Joel Greenblatt) % is 9.34% 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 PermRock Royalty Trust (PRT) Overvalued in 2026?
Based on GuruFocus' analysis, PermRock Royalty Trust stock appears to be undervalued.
The current stock price of $2.34 is trading 11% below its estimated GF Value™ of $2.63.
GuruFocus considers PermRock Royalty Trust to be Modestly Undervalued.
Key valuation signals for PRT:
Earnings Yield (Joel Greenblatt) %: 9.34% (20% below median its 10-year median of 11.71)
GF Value™: $2.63 vs. price of $2.34 (11% below fair value)
Industry Position: 93.8% above the Oil & Gas median (#175 of 1033)
No single metric tells the full story. See the PRT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PermRock Royalty Trust operates as a statutory trust. Its purpose is to own the Net Profits Interest, to distribute to the Trust unitholders cash that it receives in respect of the Net Profits Interest, and to perform certain administrative functions. The Net Profits Interest entitles the trust to receive the net profits from the sale of oil and natural gas production from the underlying properties of its trustor.
71GF Score
Get the complete analysis for PRT
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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