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Proto Script Pharmaceutical (Proto Script Pharmaceutical) Earnings Yield (Joel Greenblatt) % : -36.50% (As of Sep. 2017)


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What is Proto Script Pharmaceutical Earnings Yield (Joel Greenblatt) %?

Proto Script Pharmaceutical's Enterprise Value for the quarter that ended in Sep. 2017 was $2.34 Mil. Proto Script Pharmaceutical's EBIT for the trailing twelve months (TTM) ended in Sep. 2017 was $-0.85 Mil. Proto Script Pharmaceutical's Earnings Yield (Joel Greenblatt) for the quarter that ended in Sep. 2017 was -36.50%.

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

PSCR's Earnings Yield (Joel Greenblatt) % is not ranked *
in the Business Services industry.
Industry Median: 5.62
* 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) %. Proto Script Pharmaceutical's Forward Rate of Return (Yacktman) % for the quarter that ended in Sep. 2017 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.


Proto Script Pharmaceutical Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for Proto Script Pharmaceutical'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.

Proto Script Pharmaceutical Earnings Yield (Joel Greenblatt) % Chart

Proto Script Pharmaceutical Annual Data
Trend May12 May13 May14 May15 May16
Earnings Yield (Joel Greenblatt) %
-0.36 -0.35 -0.39 -0.50 -5.69

Proto Script Pharmaceutical Quarterly Data
Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Sep16 Dec16 Mar17 Jun17 Sep17
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 -0.10 -0.15 -18.28 -31.15 -36.50

Competitive Comparison of Proto Script Pharmaceutical's Earnings Yield (Joel Greenblatt) %

For the Specialty Business Services subindustry, Proto Script Pharmaceutical'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.


Proto Script Pharmaceutical's Earnings Yield (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Proto Script Pharmaceutical's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Proto Script Pharmaceutical's Earnings Yield (Joel Greenblatt) % falls into.



Proto Script Pharmaceutical 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.

Proto Script Pharmaceuticals Earnings Yield (Joel Greenblatt) for the fiscal year that ended in May. 2016 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-0.033/0.5976
=-5.52 %

Proto Script Pharmaceutical's EBIT for the trailing twelve months (TTM) ended in Sep. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.85 Mil.



Proto Script Pharmaceutical  (OTCPK:PSCR) 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.


Proto Script Pharmaceutical Earnings Yield (Joel Greenblatt) % Related Terms

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Proto Script Pharmaceutical (Proto Script Pharmaceutical) Business Description

Traded in Other Exchanges
N/A
Address
9830 6th Street, Suite 103, Rancho Cucamonga, CA, USA, 91730
Proto Script Pharmaceutical Corp is primarily in the business of repair power wheelchairs and scooters, which are classified as durable medical equipment (DME) products and reimbursable by healthcare insurance providers. It has various contracts with state and governmental insurance providers, among others. These contracts provide the company with the right to sell and repair DME and its health care insurance contracts allow it the ability to service patients nationally. The group currently has its presence of repair facilities in Las Vegas, Nevada, Rancho-Cucamonga, and Anaheim, California.

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