Tombstone Exploration (Tombstone Exploration) Earnings Yield (Joel Greenblatt) % : -9.27% (As of Dec. 2021)

Tombstone Exploration Earnings Yield (Joel Greenblatt) % Chart

Tombstone Exploration Annual Data
	Trend	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
Earnings Yield (Joel Greenblatt) %		Get a 7-Day Free Trial					-35.09	-20.75	-9.88	-4.47	-9.27

Tombstone Exploration Semi-Annual Data
	Dec02	Dec03	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															-35.09	-20.75	-9.88	-4.47	-9.27

Competitive Comparison of Tombstone Exploration's Earnings Yield (Joel Greenblatt) %

For the Other Precious Metals & Mining subindustry, Tombstone Exploration'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.

Tombstone Exploration's Earnings Yield (Joel Greenblatt) % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Tombstone Exploration's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

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

Tombstone Exploration 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.

Tombstone Explorations Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as

For company reported semi-annually or annually, GuruFocus only calculate annual data for Earnings Yield (Joel Greenblatt) and apply the annual figure to corresponding quarter.

Tombstone Exploration  (OTCPK:TMBXF) 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.

Tombstone Exploration Earnings Yield (Joel Greenblatt) % Related Terms

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Tombstone Exploration (Tombstone Exploration) Business Description