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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. Parsvnath Developers's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -19.50%.
The historical rank and industry rank for Parsvnath Developers's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:532780'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -22.15 Med: -0.36 Max: 18.92
Current: 16.15
During the past 13 years, Parsvnath Developers's highest ROC (Joel Greenblatt) % was 18.92%. The lowest was -22.15%. And the median was -0.36%.
BOM:532780's ROC (Joel Greenblatt) % is ranked better than 53.5% of 1757
companies
in the Real Estate industry
Industry Median: 13.16
vs BOM:532780: 16.15
Parsvnath Developers's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
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.
Parsvnath Developers ROC (Joel Greenblatt) % Related Terms
Parsvnath Developers ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Parsvnath Developers'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.
For the Real Estate - Development subindustry, Parsvnath Developers'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.
Parsvnath Developers ROC (Joel Greenblatt) % vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Parsvnath Developers's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Parsvnath Developers's ROC (Joel Greenblatt) % falls into.
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:
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.
Note:
The EBIT data used here is four times the quarterly (Dec. 2025) 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 -19.50% mean?
Parsvnath Developers (BOM:532780) has a ROC (Joel Greenblatt) % of -19.50% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Parsvnath Developers and its competitors. According to the industry distribution chart, Parsvnath Developers ranks #817 out of 1757 companies in the Real Estate industry, placing it in the top 46.5%.
Is Parsvnath Developers' ROC (Joel Greenblatt) % too high?
Parsvnath Developers' current ROC (Joel Greenblatt) % is -19.50%. Based on the distribution chart, Parsvnath Developers ranks #817 out of 1757 companies in the Real Estate industry, which is above the industry midpoint. Overall, Parsvnath Developers has a GF Score™ of 24/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Parsvnath Developers' ROC (Joel Greenblatt) % compare to competitors?
According to the Real Estate industry distribution chart, Parsvnath Developers ranks #817 out of 1757 companies for ROC (Joel Greenblatt) %. This puts Parsvnath Developers in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 13.16. 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 13.16, based on 1,757 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. 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 Parsvnath Developers and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 13.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Parsvnath Developers's current ROC (Joel Greenblatt) % is -19.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Parsvnath Developers stock overvalued right now?
Based on GuruFocus' analysis, Parsvnath Developers (BOM:532780) is currently considered Possible Value Trap. The stock's GF Value™ is ₹7.02, compared to a current price of ₹1.57 — trading 77.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is -19.50%. Parsvnath Developers' overall GF Score™ is 24/100 with 4 warning signs to review. 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 Parsvnath Developers (BOM:532780), the current ROC (Joel Greenblatt) % is -19.50% as of Dec. 2025. 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 Parsvnath Developers (BOM:532780) Overvalued in 2026?
Based on GuruFocus' analysis, Parsvnath Developers stock appears to be undervalued.
The current stock price of ₹1.57 is trading 77.6% below its estimated GF Value™ of ₹7.02.
GuruFocus considers Parsvnath Developers to be Possible Value Trap.
Key valuation signals for BOM:532780:
ROC (Joel Greenblatt) %: -19.50%
GF Value™: ₹7.02 vs. price of ₹1.57 (77.6% below fair value)
No single metric tells the full story. See the BOM:532780 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Parsvnath Developers Ltd is an Indian based real estate company. The company is engaged in the business of promotion, construction, and development of integrated townships, residential and commercial complexes, multi-storeyed buildings, flats, houses, apartments, shopping malls, IT parks, hotels, and others. Geographically, it operates only in India. It generates maximum revenue from the sale of properties. The company also generates revenue from Licence fee income and Rent income.
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