3P Land Holdings (NSE:3PLAND) ROC (Joel Greenblatt) %: 1,932.70% (As of Mar. 2026) — 558% Above 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.

NSE:3PLAND 3P Land Holdings Ltd NSE:3PLAND
77 GF Score
Price ₹31.93
GF Value ₹49.72
Valuation Significantly Undervalued
! 4 Warning Signs
View Full Analysis

What is 3P Land Holdings ROC (Joel Greenblatt) %?

3P Land Holdings NSE:3PLAND -0.22% 77 ROC (Joel Greenblatt) % is 1,932.70% as of Mar. 2026, which is 558% above its 10-year median of 293.56. GuruFocus rates NSE:3PLAND with a GF Score™ of 77/100 and a GF Value™ of ₹49.72 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 1,752 Real Estate companies, 3P Land Holdings ranks better than 94.69% 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. 3P Land Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1,932.70%.

The historical rank and industry rank for 3P Land Holdings's ROC (Joel Greenblatt) % or its related term are showing as below:

NSE:3PLAND' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 9.83   Med: 293.56   Max: 2299.79
Current: 2299.79

During the past 13 years, 3P Land Holdings's highest ROC (Joel Greenblatt) % was 2299.79%. The lowest was 9.83%. And the median was 293.56%.

NSE:3PLAND's ROC (Joel Greenblatt) % is ranked better than
94.69% of 1752 companies
in the Real Estate industry
Industry Median: 12.85 vs NSE:3PLAND: 2299.79

3P Land Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 81.40% per year.


3P Land Holdings  (NSE:3PLAND) 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.


3P Land Holdings ROC (Joel Greenblatt) % Related Terms


3P Land Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for 3P Land Holdings'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.

3P Land Holdings ROC (Joel Greenblatt) % Chart

3P Land Holdings 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 158.08 504.77 792.38 1,167.86 1,614.25

3P Land Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1,224.77 1,363.95 4,433.33 1,766.67 1,932.70

NSE:3PLAND vs CBRE, BEKE, JLL: ROC (Joel Greenblatt) % Comparison

For the Real Estate Services subindustry, 3P Land Holdings'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.


3P Land Holdings ROC (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, 3P Land Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where 3P Land Holdings's ROC (Joel Greenblatt) % falls into.


NSE:3PLAND
77GF Score
3P Land Holdings Ltd NSE:3PLAND
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

3P Land Holdings 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.29999999999995) - (1.2 + 0 + 0.458)
=-1.358

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of 3P Land Holdings for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=22.4/( ( (0 + max(0, 0)) + (1.159 + max(-1.358, 0)) )/ 1 )
=22.4/( ( 0 + 1.159 )/ 1 )
=22.4/1.159
=1,932.70 %

Note: The EBIT data used here is four times the quarterly (Mar. 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 1,932.70% mean?
3P Land Holdings (NSE:3PLAND) has a ROC (Joel Greenblatt) % of 1,932.70% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on 3P Land Holdings and its competitors. This is 558% above median its historical median of 293.56. Over the past decade, 3P Land Holdings' ROC (Joel Greenblatt) % has ranged from 9.83 to 2,299.79. According to the industry distribution chart, 3P Land Holdings ranks #93 out of 1752 companies in the Real Estate industry, placing it in the top 5.3%.
Is 3P Land Holdings' ROC (Joel Greenblatt) % too high?
3P Land Holdings' current ROC (Joel Greenblatt) % of 1,932.70% is 558% above median its 10-year median of 293.56. Over the past 10 years, this metric has ranged from a low of 9.83 to a high of 2,299.79. The Real Estate industry median ROC (Joel Greenblatt) % is 12.85. 3P Land Holdings' value of 1,932.70% is 14940.5% above this industry median. Based on the distribution chart, 3P Land Holdings ranks #93 out of 1752 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, 3P Land Holdings has a GF Score™ of 77/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does 3P Land Holdings' ROC (Joel Greenblatt) % compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, 3P Land Holdings ranks #93 out of 1752 companies for ROC (Joel Greenblatt) %. This places 3P Land Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 12.85. 3P Land Holdings' value of 1,932.70% is 14940.5% above this benchmark. Historically, 3P Land Holdings' own ROC (Joel Greenblatt) % has ranged from 9.83 to 2,299.79 over the past decade. While the company's 10-year median is 293.56 vs. the industry median of 12.85, 3P Land Holdings has consistently been above 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 ROC (Joel Greenblatt) % for a Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.85, based on 1,752 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. 3P Land Holdings's current ROC (Joel Greenblatt) % of 1,932.70% is 14940.5% above 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 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 3P Land Holdings and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. 3P Land Holdings's current ROC (Joel Greenblatt) % is 1,932.70%, which is 558% above median its own 10-year median of 293.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 3P Land Holdings stock overvalued right now?
Based on GuruFocus' analysis, 3P Land Holdings (NSE:3PLAND) is currently considered Significantly Undervalued. The stock's GF Value™ is ₹49.72, compared to a current price of ₹31.93 — trading 35.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 1,932.70%, which is 558% above median its 10-year median of 293.56 and 14940.5% above the Real Estate industry median of 12.85. 3P Land Holdings' overall GF Score™ is 77/100 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 3P Land Holdings (NSE:3PLAND), the current ROC (Joel Greenblatt) % is 1,932.70% 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 3P Land Holdings (NSE:3PLAND) Overvalued in 2026?

Based on GuruFocus' analysis, 3P Land Holdings stock appears to be undervalued. The current stock price of ₹31.93 is trading 35.8% below its estimated GF Value™ of ₹49.72. GuruFocus considers 3P Land Holdings to be Significantly Undervalued.

Key valuation signals for NSE:3PLAND:

  • ROC (Joel Greenblatt) %: 1,932.70% (558% above median its 10-year median of 293.56)
  • GF Value™: ₹49.72 vs. price of ₹31.93 (35.8% below fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 14940.5% above the Real Estate median (#93 of 1752)

No single metric tells the full story. See the NSE:3PLAND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


3P Land Holdings Business Description

Other Exchanges 516092:India
Address 60, Dr. V.B. Gandhi Marg, Jatia Chambers, Kalaghoda, Mumbai, MH, IND, 400001
3P Land Holdings Ltd is an India-based company engaged in the business of lending of investments in group companies and real estate leasing. Its reportable segments are Leasing, Investment, and Services. The majority of its revenue is generated from the Investment segment. Geographically, the majority of the company's revenue is derived from India.
77GF Score

Get the complete analysis for NSE:3PLAND

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

₹31.93
Price
₹49.72
GF Value