Panacea Biotec (BOM:531349) ROC (Joel Greenblatt) %: 2.79% (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

BOM:531349 Panacea Biotec Ltd BOM:531349
60 GF Score
Price ₹387.10
GF Value ₹404.57
Valuation Fairly Valued
View Full Analysis

What is Panacea Biotec ROC (Joel Greenblatt) %?

Panacea Biotec BOM:531349 -1.96% 60 ROC (Joel Greenblatt) % is 2.79% as of Jun. 2026, which is 6% above its 10-year median of 2.64. GuruFocus rates BOM:531349 with a GF Score™ of 60/100 and a GF Value™ of ₹404.57 (Fairly Valued). Among 1,322 Biotechnology companies, Panacea Biotec ranks better than 78.14% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Panacea Biotec's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 2.79%.

The historical rank and industry rank for Panacea Biotec's ROC (Joel Greenblatt) % or its related term are showing as below:

BOM:531349' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -0.63   Med: 2.64   Max: 250.82
Current: -0.59

During the past 13 years, Panacea Biotec's highest ROC (Joel Greenblatt) % was 250.82%. The lowest was -0.63%. And the median was 2.64%.

BOM:531349's ROC (Joel Greenblatt) % is ranked better than
78.14% of 1322 companies
in the Biotechnology industry
Industry Median: -307.095 vs BOM:531349: -0.59

Panacea Biotec's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Panacea Biotec  (BOM:531349) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Panacea Biotec ROC (Joel Greenblatt) % Related Terms


Panacea Biotec ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Panacea Biotec's ROC (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.

Panacea Biotec ROC (Joel Greenblatt) % Chart

Panacea Biotec Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 250.82 2.61 0.65 -0.63 -0.20

Panacea Biotec Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
ROC (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 4.49 -9.74 4.77 -0.03 2.79

BOM:531349 vs VRTX, REGN, MRNA: ROC (Joel Greenblatt) % Comparison

For the Biotechnology subindustry, Panacea Biotec's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (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.


Panacea Biotec ROC (Joel Greenblatt) % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Panacea Biotec's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Panacea Biotec's ROC (Joel Greenblatt) % falls into.


BOM:531349
60GF Score
Panacea Biotec Ltd BOM:531349
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Panacea Biotec ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(735.2 + 1927.9 + 1101.3) - (1916.3 + 0 + 1570.5)
=277.6

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Panacea Biotec for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=190/( ( (6532.4 + max(277.6, 0)) + (0 + max(0, 0)) )/ 1 )
=190/( ( 6810 + 0 )/ 1 )
=190/6810
=2.79 %

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

* 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.

What does a ROC (Joel Greenblatt) % of 2.79% mean?
Panacea Biotec (BOM:531349) has a ROC (Joel Greenblatt) % of 2.79% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Panacea Biotec and its competitors. This is near median its historical median of 2.64. According to the industry distribution chart, Panacea Biotec ranks #289 out of 1322 companies in the Biotechnology industry, placing it in the top 21.9%.
Is Panacea Biotec's ROC (Joel Greenblatt) % too high?
Panacea Biotec's current ROC (Joel Greenblatt) % of 2.79% is near median its 10-year median of 2.64. Based on the distribution chart, Panacea Biotec ranks #289 out of 1322 companies in the Biotechnology industry, which is in the top quartile — a strong position relative to peers. Overall, Panacea Biotec has a GF Score™ of 60/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Panacea Biotec's ROC (Joel Greenblatt) % compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Panacea Biotec ranks #289 out of 1322 companies for ROC (Joel Greenblatt) %. This places Panacea Biotec in the top 22% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Biotechnology company?
A good ROC (Joel Greenblatt) % depends on the Biotechnology industry context. However, ROC (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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Panacea Biotec and its competitors. Panacea Biotec's current ROC (Joel Greenblatt) % is 2.79%, which is near median its own 10-year median of 2.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panacea Biotec stock overvalued right now?
Based on GuruFocus' analysis, Panacea Biotec (BOM:531349) is currently considered Fairly Valued. The stock's GF Value™ is ₹404.57, compared to a current price of ₹387.10 — trading 4.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 2.79%, which is near median its 10-year median of 2.64. Panacea Biotec's overall GF Score™ is 60/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Panacea Biotec (BOM:531349), the current ROC (Joel Greenblatt) % is 2.79% as of Jun. 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 Panacea Biotec (BOM:531349) Overvalued in 2026?

Based on GuruFocus' analysis, Panacea Biotec stock appears to be undervalued. The current stock price of ₹387.10 is trading 4.3% below its estimated GF Value™ of ₹404.57. GuruFocus considers Panacea Biotec to be Fairly Valued.

Key valuation signals for BOM:531349:

  • ROC (Joel Greenblatt) %: 2.79% (near median its 10-year median of 2.64)
  • GF Value™: ₹404.57 vs. price of ₹387.10 (4.3% below fair value)
  • GF Score™: 60/100

No single metric tells the full story. See the BOM:531349 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Panacea Biotec Business Description

Other Exchanges PANACEABIO:India
Address Mathura Road, B-1 Extension/G-3, Mohan Co-operative Industrial Estate, New Delhi, IND, 110044
Panacea Biotec Ltd is a Biotechnology company. It is engaged in the business of research, development, manufacturing, and marketing of branded pharmaceutical formulations, vaccines, and biopharmaceuticals. The company's operating segments include Vaccines, and Formulations. It generates maximum revenue from the Vaccines segment. The company product portfolio includes prescription products in niche therapeutic areas such as diabetes and cardiovascular management, oncology, nephrology and transplant management, osteoporosis management, gastro-intestinal care, pain management products, and pediatric immunization. The group has a business presence in India and Outside India.
60GF Score

Get the complete analysis for BOM:531349

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹387.10
Price
₹404.57
GF Value