PD (PagerDuty) ROC (Joel Greenblatt) %: 122.49% (As of Apr. 2026)


PD PagerDuty Inc PD
52 GF Score
Price $9.09
GF Value $21.36
Valuation Possible Value Trap
! 6 Warning Signs
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What is PagerDuty ROC (Joel Greenblatt) %?

PagerDuty PD +6.19% 52 ROC (Joel Greenblatt) % is 122.49% as of Apr. 2026. GuruFocus rates PD with a GF Score™ of 52/100 and a GF Value™ of $21.36 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 2,806 Software companies, PagerDuty ranks better than 76.55% 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. PagerDuty's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 122.49%.

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

PD' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1139.19   Med: -272.68   Max: 123.34
Current: 123.34

During the past 9 years, PagerDuty's highest ROC (Joel Greenblatt) % was 123.34%. The lowest was -1139.19%. And the median was -272.68%.

PD's ROC (Joel Greenblatt) % is ranked better than
76.55% of 2806 companies
in the Software industry
Industry Median: 19.585 vs PD: 123.34

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


PagerDuty  (NYSE:PD) 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.


PagerDuty ROC (Joel Greenblatt) % Related Terms


PagerDuty ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for PagerDuty'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.

PagerDuty ROC (Joel Greenblatt) % Chart

PagerDuty Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only -272.68 -357.12 -271.25 -141.74 83.11

PagerDuty Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -69.08 118.78 153.55 99.07 122.49

PD vs MITK, IBTA, RDVT: ROC (Joel Greenblatt) % Comparison

For the Software - Application subindustry, PagerDuty'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.


PagerDuty ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, PagerDuty's ROC (Joel Greenblatt) % distribution charts can be found below:

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


PD
52GF Score
PagerDuty Inc PD
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

PagerDuty 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: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(108.43 + 0 + 33.971) - (26.586 + 246.451 + 25.856)
=-156.492

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(76.025 + 0 + 39.048) - (19.678 + 240.62 + 21.465)
=-166.69

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=52.152/( ( (41.701 + max(-156.492, 0)) + (43.454 + max(-166.69, 0)) )/ 2 )
=52.152/( ( 41.701 + 43.454 )/ 2 )
=52.152/42.5775
=122.49 %

Note: The EBIT data used here is four times the quarterly (Apr. 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 122.49% mean?
PagerDuty (PD) has a ROC (Joel Greenblatt) % of 122.49% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on PagerDuty and its competitors. According to the industry distribution chart, PagerDuty ranks #658 out of 2806 companies in the Software industry, placing it in the top 23.4%.
Is PagerDuty's ROC (Joel Greenblatt) % too high?
PagerDuty's current ROC (Joel Greenblatt) % is 122.49%. The Software industry median ROC (Joel Greenblatt) % is 19.59. PagerDuty's value of 122.49% is 525.4% above this industry median. Based on the distribution chart, PagerDuty ranks #658 out of 2806 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, PagerDuty has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does PagerDuty's ROC (Joel Greenblatt) % compare to MITK and IBTA?
According to the Software industry distribution chart, PagerDuty ranks #658 out of 2806 companies for ROC (Joel Greenblatt) %. This places PagerDuty in the top 23% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.59. PagerDuty's value of 122.49% is 525.4% above this benchmark. 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.59, based on 2,806 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. PagerDuty's current ROC (Joel Greenblatt) % of 122.49% is 525.4% 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 PagerDuty and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PagerDuty's current ROC (Joel Greenblatt) % is 122.49%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PagerDuty stock overvalued right now?
Based on GuruFocus' analysis, PagerDuty (PD) is currently considered Possible Value Trap. The stock's GF Value™ is $21.36, compared to a current price of $9.09 — trading 57.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 122.49% and 525.4% above the Software industry median of 19.59. PagerDuty's overall GF Score™ is 52/100 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 PagerDuty (PD), the current ROC (Joel Greenblatt) % is 122.49% as of Apr. 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 PagerDuty (PD) Overvalued in 2026?

Based on GuruFocus' analysis, PagerDuty stock appears to be undervalued. The current stock price of $9.09 is trading 57.4% below its estimated GF Value™ of $21.36. GuruFocus considers PagerDuty to be Possible Value Trap.

Key valuation signals for PD:

  • ROC (Joel Greenblatt) %: 122.49%
  • GF Value™: $21.36 vs. price of $9.09 (57.4% below fair value)
  • GF Score™: 52/100 with 6 warning signs
  • Industry Position: 525.4% above the Software median (#658 of 2806)

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


PagerDuty Business Description

Other Exchanges 2TY:Germany
Address 600 Townsend Street, Suite 200, San Francisco, CA, USA, 94103
PagerDuty Inc is a digital operations management platform that manages urgent and mission-critical work for a modern, digital business. Its PagerDuty Operations Cloud combines artificial intelligence (AI) operations (AIOps), automation, customer service operations, and incident management with a generative AI assistant to create a flexible, resilient, and scalable platform to protect revenue and improve customer experience, improve operational efficiency, and mitigate the risk of operational failures. The company generates revenue predominantly from cloud-hosted software subscription fees and term-license software subscription fees. Geographically, the company derives a majority of its revenue from the United States and the rest from International markets.
52GF Score

Get the complete analysis for PD

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

$9.09
Price
$21.36
GF Value