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Procter & Gamble CoWAR:PCGL -2.20%70 Earnings Yield (Joel Greenblatt) % is 6.03% as of Mar. 2026, which is 25% above its 10-year median of 4.81. GuruFocus rates WAR:PCGL with a GF Score™ of 70/100 and a GF Value™ of zł631.92 (Modestly Undervalued). Among 2,033 Consumer Packaged Goods companies, Procter & Gamble Co ranks worse than 51.11% on this metric.
Procter & Gamble Co's Enterprise Value for the quarter that ended in Mar. 2026 was zł1,360,490 Mil.
Procter & Gamble Co's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was zł82,914 Mil. Procter & Gamble Co's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 6.03%.
The historical rank and industry rank for Procter & Gamble Co's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:
WAR:PCGL'
s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.96 Med: 4.81 Max: 6.78
Current: 5.91
During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of Procter & Gamble Co was 6.78%. The lowest was 1.96%. And the median was 4.81%.
WAR:PCGL's Earnings Yield (Joel Greenblatt) % is ranked worse than 51.11% of 2033
companies
in the Consumer Packaged Goods industry
Industry Median: 6.13
vs WAR:PCGL: 5.91
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) %. Procter & Gamble Co's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 9.25%. 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.
Procter & Gamble Co Earnings Yield (Joel Greenblatt) % Related Terms
Procter & Gamble Co Earnings Yield (Joel Greenblatt) % Historical Data
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The historical data trend for Procter & Gamble Co'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.
Procter & Gamble Co Earnings Yield (Joel Greenblatt) % Chart
For the Household & Personal Products subindustry, Procter & Gamble Co'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.
Procter & Gamble Co Earnings Yield (Joel Greenblatt) % vs Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Procter & Gamble Co's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Procter & Gamble Co's Earnings Yield (Joel Greenblatt) % falls into.
Procter & Gamble Co 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.
Procter & Gamble Cos Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Jun. 2025 is calculated as
Procter & Gamble Co'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 zł82,914 Mil.
What does a Earnings Yield (Joel Greenblatt) % of 6.03% mean?
Procter & Gamble Co (WAR:PCGL) has a Earnings Yield (Joel Greenblatt) % of 6.03% 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 Procter & Gamble Co and its competitors. This is 25% above median its historical median of 4.81. Over the past decade, Procter & Gamble Co's Earnings Yield (Joel Greenblatt) % has ranged from 1.96 to 6.78. According to the industry distribution chart, Procter & Gamble Co ranks #1039 out of 2033 companies in the Consumer Packaged Goods industry, placing it in the top 51.1%.
Is Procter & Gamble Co's Earnings Yield (Joel Greenblatt) % too high?
Procter & Gamble Co's current Earnings Yield (Joel Greenblatt) % of 6.03% is 25% above median its 10-year median of 4.81. Over the past 10 years, this metric has ranged from a low of 1.96 to a high of 6.78. The Consumer Packaged Goods industry median Earnings Yield (Joel Greenblatt) % is 6.13. Procter & Gamble Co's value of 6.03% is 1.6% below this industry median. Based on the distribution chart, Procter & Gamble Co ranks #1039 out of 2033 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Procter & Gamble Co has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Procter & Gamble Co's Earnings Yield (Joel Greenblatt) % compare to CL and KVUE?
According to the Consumer Packaged Goods industry distribution chart, Procter & Gamble Co ranks #1039 out of 2033 companies for Earnings Yield (Joel Greenblatt) %. This places Procter & Gamble Co in the lower half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 6.13. Procter & Gamble Co's value of 6.03% is 1.6% below this benchmark. Historically, Procter & Gamble Co's own Earnings Yield (Joel Greenblatt) % has ranged from 1.96 to 6.78 over the past decade. While the company's 10-year median is 4.81 vs. the industry median of 6.13, Procter & Gamble Co has consistently been below 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 a Consumer Packaged Goods company?
The median Earnings Yield (Joel Greenblatt) % among Consumer Packaged Goods companies is 6.13, based on 2,033 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. Procter & Gamble Co's current Earnings Yield (Joel Greenblatt) % of 6.03% is 1.6% below 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 Procter & Gamble Co and its competitors. For the Consumer Packaged Goods industry, the median Earnings Yield (Joel Greenblatt) % is 6.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Procter & Gamble Co's current Earnings Yield (Joel Greenblatt) % is 6.03%, which is 25% above median its own 10-year median of 4.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Procter & Gamble Co stock overvalued right now?
Based on GuruFocus' analysis, Procter & Gamble Co (WAR:PCGL) is currently considered Modestly Undervalued. The stock's GF Value™ is zł631.92, compared to a current price of zł550.00 — trading 13% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 6.03%, which is 25% above median its 10-year median of 4.81 and 1.6% below the Consumer Packaged Goods industry median of 6.13. Procter & Gamble Co's overall GF Score™ is 70/100. 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 Procter & Gamble Co (WAR:PCGL), the current Earnings Yield (Joel Greenblatt) % is 6.03% 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 Procter & Gamble Co (WAR:PCGL) Overvalued in 2026?
Based on GuruFocus' analysis, Procter & Gamble Co stock appears to be undervalued.
The current stock price of zł550.00 is trading 13% below its estimated GF Value™ of zł631.92.
GuruFocus considers Procter & Gamble Co to be Modestly Undervalued.
Key valuation signals for WAR:PCGL:
Earnings Yield (Joel Greenblatt) %: 6.03% (25% above median its 10-year median of 4.81)
GF Value™: zł631.92 vs. price of zł550.00 (13% below fair value)
Industry Position: 1.6% below the Consumer Packaged Goods median (#1039 of 2033)
No single metric tells the full story. See the WAR:PCGL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, with annual sales of nearly $85 billion. It operates with a lineup of leading brands, including more than 20 that generate annual global sales of more than $1 billion each, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. Sales outside its home turf represent just more than half of the firm's consolidated total.
70GF Score
Get the complete analysis for WAR:PCGL
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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