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Piramal PharmaNSE:PPLPHARMA +1.62%50 ROC (Joel Greenblatt) % is 4.09% as of Jun. 2026, which is 53% below its 10-year median of 8.69. GuruFocus rates NSE:PPLPHARMA with a GF Score™ of 50/100 and a GF Value™ of ₹187.48 (Fairly Valued). The stock has 6 warning signs investors should review. Among 983 Drug Manufacturers companies, Piramal Pharma ranks worse than 63.89% 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. Piramal Pharma's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 4.09%.
The historical rank and industry rank for Piramal Pharma's ROC (Joel Greenblatt) % or its related term are showing as below:
NSE:PPLPHARMA'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.03 Med: 8.69 Max: 18.32
Current: 3.02
During the past 6 years, Piramal Pharma's highest ROC (Joel Greenblatt) % was 18.32%. The lowest was 2.03%. And the median was 8.69%.
NSE:PPLPHARMA's ROC (Joel Greenblatt) % is ranked worse than 63.89% of 983
companies
in the Drug Manufacturers industry
Industry Median: 11.37
vs NSE:PPLPHARMA: 3.02
Piramal Pharma'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.
Piramal Pharma ROC (Joel Greenblatt) % Related Terms
Piramal Pharma ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Piramal Pharma'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.
NSE:PPLPHARMA vs ZTS: ROC (Joel Greenblatt) % Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, Piramal Pharma'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.
Piramal Pharma ROC (Joel Greenblatt) % vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, Piramal Pharma's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Piramal Pharma'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 (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 4.09% mean?
Piramal Pharma (NSE:PPLPHARMA) has a ROC (Joel Greenblatt) % of 4.09% 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 Piramal Pharma and its competitors. This is 53% below median its historical median of 8.69. Over the past decade, Piramal Pharma's ROC (Joel Greenblatt) % has ranged from 2.03 to 18.32. According to the industry distribution chart, Piramal Pharma ranks #628 out of 983 companies in the Drug Manufacturers industry, placing it in the top 63.9%.
Is Piramal Pharma's ROC (Joel Greenblatt) % too high?
Piramal Pharma's current ROC (Joel Greenblatt) % of 4.09% is 53% below median its 10-year median of 8.69. Over the past 10 years, this metric has ranged from a low of 2.03 to a high of 18.32. The Drug Manufacturers industry median ROC (Joel Greenblatt) % is 11.37. Piramal Pharma's value of 4.09% is 64% below this industry median. Based on the distribution chart, Piramal Pharma ranks #628 out of 983 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Piramal Pharma has a GF Score™ of 50/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Piramal Pharma's ROC (Joel Greenblatt) % compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Piramal Pharma ranks #628 out of 983 companies for ROC (Joel Greenblatt) %. This places Piramal Pharma in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.37. Piramal Pharma's value of 4.09% is 64% below this benchmark. Historically, Piramal Pharma's own ROC (Joel Greenblatt) % has ranged from 2.03 to 18.32 over the past decade. While the company's 10-year median is 8.69 vs. the industry median of 11.37, Piramal Pharma 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 ROC (Joel Greenblatt) % for a Drug Manufacturers company?
The median ROC (Joel Greenblatt) % among Drug Manufacturers companies is 11.37, based on 983 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. Piramal Pharma's current ROC (Joel Greenblatt) % of 4.09% is 64% 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 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 Piramal Pharma and its competitors. For the Drug Manufacturers industry, the median ROC (Joel Greenblatt) % is 11.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Piramal Pharma's current ROC (Joel Greenblatt) % is 4.09%, which is 53% below median its own 10-year median of 8.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Piramal Pharma stock overvalued right now?
Based on GuruFocus' analysis, Piramal Pharma (NSE:PPLPHARMA) is currently considered Fairly Valued. The stock's GF Value™ is ₹187.48, compared to a current price of ₹202.50 — trading 8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 4.09%, which is 53% below median its 10-year median of 8.69 and 64% below the Drug Manufacturers industry median of 11.37. Piramal Pharma's overall GF Score™ is 50/100 with 6 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 Piramal Pharma (NSE:PPLPHARMA), the current ROC (Joel Greenblatt) % is 4.09% 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 Piramal Pharma (NSE:PPLPHARMA) Overvalued in 2026?
Based on GuruFocus' analysis, Piramal Pharma stock appears to be overvalued.
The current stock price of ₹202.50 is trading 8% above its estimated GF Value™ of ₹187.48.
GuruFocus considers Piramal Pharma to be Fairly Valued.
Key valuation signals for NSE:PPLPHARMA:
ROC (Joel Greenblatt) %: 4.09% (53% below median its 10-year median of 8.69)
GF Value™: ₹187.48 vs. price of ₹202.50 (8% above fair value)
Industry Position: 64% below the Drug Manufacturers median (#628 of 983)
No single metric tells the full story. See the NSE:PPLPHARMA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Piramal Pharma Ltd is a pharmaceutical company, providing end-to-end pharma services to customers and a portfolio of differentiated pharma products across a domestic and international distribution network. It operates under three business verticals; an integrated contract development and manufacturing (CDMO) business providing Active pharmaceutical ingredients (APIs), Finished dosage forms (FDFs), biologics, and vaccines among other products; the other two business verticals include a complex hospital generics business, and an India consumer healthcare business, selling over-the-counter products in India. Geographically, the company generates maximum revenue from North America and the rest from Europe, India, Japan, and other markets.
50GF Score
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