Pitney BowesPBI +3.56%58 ROC (Joel Greenblatt) % is 135.41% as of Mar. 2026, which is 353% above its 10-year median of 29.87. GuruFocus rates PBI with a GF Score™ of 58/100 and a GF Value™ of $7.61 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 997 Transportation companies, Pitney Bowes ranks better than 95.19% 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. Pitney Bowes's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 135.41%.
The historical rank and industry rank for Pitney Bowes's ROC (Joel Greenblatt) % or its related term are showing as below:
PBI'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12.42 Med: 29.87 Max: 102.02
Current: 102.02
During the past 13 years, Pitney Bowes's highest ROC (Joel Greenblatt) % was 102.02%. The lowest was -12.42%. And the median was 29.87%.
PBI's ROC (Joel Greenblatt) % is ranked better than 95.19% of 997
companies
in the Transportation industry
Industry Median: 11.77
vs PBI: 102.02
Pitney Bowes'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.
Pitney Bowes ROC (Joel Greenblatt) % Related Terms
Pitney Bowes ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Pitney Bowes'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.
PBI vs HUBG, CYRX, FWRD: ROC (Joel Greenblatt) % Comparison
For the Integrated Freight & Logistics subindustry, Pitney Bowes'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.
Pitney Bowes ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Pitney Bowes's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Pitney Bowes'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 (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 135.41% mean?
Pitney Bowes (PBI) has a ROC (Joel Greenblatt) % of 135.41% 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 Pitney Bowes and its competitors. This is 353% above median its historical median of 29.87. According to the industry distribution chart, Pitney Bowes ranks #48 out of 997 companies in the Transportation industry, placing it in the top 4.8%.
Is Pitney Bowes' ROC (Joel Greenblatt) % too high?
Pitney Bowes' current ROC (Joel Greenblatt) % of 135.41% is 353% above median its 10-year median of 29.87. The Transportation industry median ROC (Joel Greenblatt) % is 11.77. Pitney Bowes' value of 135.41% is 1050.5% above this industry median. Based on the distribution chart, Pitney Bowes ranks #48 out of 997 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Pitney Bowes has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Pitney Bowes' ROC (Joel Greenblatt) % compare to HUBG and CYRX?
According to the Transportation industry distribution chart, Pitney Bowes ranks #48 out of 997 companies for ROC (Joel Greenblatt) %. This places Pitney Bowes in the top 5% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.77. Pitney Bowes' value of 135.41% is 1050.5% above this benchmark. While the company's 10-year median is 29.87 vs. the industry median of 11.77, Pitney Bowes 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.77, based on 997 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. Pitney Bowes's current ROC (Joel Greenblatt) % of 135.41% is 1050.5% 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 Pitney Bowes and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pitney Bowes's current ROC (Joel Greenblatt) % is 135.41%, which is 353% above median its own 10-year median of 29.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pitney Bowes stock overvalued right now?
Based on GuruFocus' analysis, Pitney Bowes (PBI) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.61, compared to a current price of $18.33 — trading 140.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 135.41%, which is 353% above median its 10-year median of 29.87 and 1050.5% above the Transportation industry median of 11.77. Pitney Bowes' overall GF Score™ is 58/100 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 Pitney Bowes (PBI), the current ROC (Joel Greenblatt) % is 135.41% 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 Pitney Bowes (PBI) Overvalued in 2026?
Based on GuruFocus' analysis, Pitney Bowes stock appears to be overvalued.
The current stock price of $18.33 is trading 140.9% above its estimated GF Value™ of $7.61.
GuruFocus considers Pitney Bowes to be Significantly Overvalued.
Key valuation signals for PBI:
ROC (Joel Greenblatt) %: 135.41% (353% above median its 10-year median of 29.87)
GF Value™: $7.61 vs. price of $18.33 (140.9% above fair value)
Industry Position: 1050.5% above the Transportation median (#48 of 997)
No single metric tells the full story. See the PBI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Pitney Bowes Inc is a technology-driven company that provides SaaS shipping solutions, mailing innovation, and financial services to clients around the globe. The company's reportable segments are SendTech Solutions and Presort Services. SendTech Solutions includes the revenue and related expenses from physical and digital mailing and shipping technology solutions, financing, services, supplies and other applications to help simplify and save on the sending, tracking and receiving of letters, parcels and flats. Presort Services includes the revenue and related expenses from sortation services to qualify large volumes of First Class Mail, Marketing Mail and Marketing Mail Flats/Bound Printed Matter for postal work sharing discounts. It derives maximum revenue from SendTech Solutions.
58GF Score
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