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.
Pasona GroupTSE:2168 -3.49%53 Earnings Yield (Joel Greenblatt) % is -4.73% as of May. 2026. GuruFocus rates TSE:2168 with a GF Score™ of 53/100 and a GF Value™ of 円1,907.55 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,097 Business Services companies, Pasona Group ranks worse than 85.78% on this metric.
Pasona Group's Enterprise Value for the quarter that ended in May. 2026 was 円12,381 Mil.
Pasona Group's EBIT for the trailing twelve months (TTM) ended in May. 2026 was 円-586 Mil. Pasona Group's Earnings Yield (Joel Greenblatt) for the quarter that ended in May. 2026 was -4.73%.
The historical rank and industry rank for Pasona Group's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
TSE:2168'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -879.59 Med: 12.67 Max: 640.68
Current: -4.85
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Pasona Group was 640.68%. The lowest was -879.59%. And the median was 12.67%.
TSE:2168's Earnings Yield (Joel Greenblatt) % is ranked worse than 85.78% of 1097
companies
in the Business Services industry
Industry Median: 6.8
vs TSE:2168: -4.85
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) %. Pasona Group's Forward Rate of Return (Yacktman) % for the quarter that ended in May. 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.
Pasona Group (TSE:2168) 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.
Pasona Group Earnings Yield (Joel Greenblatt) % Related Terms
Pasona Group Earnings Yield (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Pasona Group'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.
Pasona Group Earnings Yield (Joel Greenblatt) % Chart
For the Staffing & Employment Services subindustry, Pasona Group'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.
Pasona Group Earnings Yield (Joel Greenblatt) % vs Business Services Industry
For the Business Services industry and Industrials sector, Pasona Group's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Pasona Group's Earnings Yield (Joel Greenblatt) % falls into.
Pasona Group 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.
Pasona Groups Earnings Yield (Joel Greenblatt) for the fiscal year that ended in May. 2026 is calculated as
Pasona Group's EBIT for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was 円-586 Mil.
What does a Earnings Yield (Joel Greenblatt) % of -4.73% mean?
Pasona Group (TSE:2168) has a Earnings Yield (Joel Greenblatt) % of -4.73% as of May. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Pasona Group and its competitors. According to the industry distribution chart, Pasona Group ranks #941 out of 1097 companies in the Business Services industry, placing it in the top 85.8%.
Is Pasona Group's Earnings Yield (Joel Greenblatt) % too high?
Pasona Group's current Earnings Yield (Joel Greenblatt) % is -4.73%. Based on the distribution chart, Pasona Group ranks #941 out of 1097 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Pasona Group has a GF Score™ of 53/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pasona Group's Earnings Yield (Joel Greenblatt) % compare to RHI and KFY?
According to the Business Services industry distribution chart, Pasona Group ranks #941 out of 1097 companies for Earnings Yield (Joel Greenblatt) %. This places Pasona Group in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.80. 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 Business Services company?
The median Earnings Yield (Joel Greenblatt) % among Business Services companies is 6.80, based on 1,097 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 Pasona Group and its competitors. For the Business Services industry, the median Earnings Yield (Joel Greenblatt) % is 6.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pasona Group's current Earnings Yield (Joel Greenblatt) % is -4.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pasona Group stock overvalued right now?
Based on GuruFocus' analysis, Pasona Group (TSE:2168) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,907.55, compared to a current price of 円1,603.00 — trading 16% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is -4.73%. Pasona Group's overall GF Score™ is 53/100 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 Pasona Group (TSE:2168), the current Earnings Yield (Joel Greenblatt) % is -4.73% as of May. 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 Pasona Group (TSE:2168) Overvalued in 2026?
Based on GuruFocus' analysis, Pasona Group stock appears to be undervalued.
The current stock price of 円1,603.00 is trading 16% below its estimated GF Value™ of 円1,907.55.
GuruFocus considers Pasona Group to be Modestly Undervalued.
Key valuation signals for TSE:2168:
Earnings Yield (Joel Greenblatt) %: -4.73%
GF Value™: 円1,907.55 vs. price of 円1,603.00 (16% below fair value)
No single metric tells the full story. See the TSE:2168 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pasona Group Inc provides human resource related support services. Its segments are BPO Solutions, Expert Solutions, Career Solutions, Global Solutions, Life Solutions, and Regional Revitalization and Tourism Solutions.
53GF Score
Get the complete analysis for TSE:2168
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
TSE:2168 has been successfully added to your 
