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Planet B2BWAR:P2B ROC (Joel Greenblatt) % is 161.22% as of Mar. 2026, which is 18% below its 10-year median of 195.60. The stock has 2 warning signs investors should review. Among 2,819 Software companies, Planet B2B ranks better than 84.14% 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. Planet B2B's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 161.22%.
The historical rank and industry rank for Planet B2B's ROC (Joel Greenblatt) % or its related term are showing as below:
WAR:P2B'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4394.05 Med: 195.6 Max: 659.72
Current: 203.11
During the past 13 years, Planet B2B's highest ROC (Joel Greenblatt) % was 659.72%. The lowest was -4394.05%. And the median was 195.60%.
WAR:P2B's ROC (Joel Greenblatt) % is ranked better than 84.14% of 2819
companies
in the Software industry
Industry Median: 19.59
vs WAR:P2B: 203.11
Planet B2B'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.
Planet B2B ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Planet B2B'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.
WAR:P2B vs QH, SHOP, UBER: ROC (Joel Greenblatt) % Comparison
For the Software - Application subindustry, Planet B2B'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.
Planet B2B ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Planet B2B's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Planet B2B'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 161.22% mean?
Planet B2B (WAR:P2B) has a ROC (Joel Greenblatt) % of 161.22% 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 Planet B2B and its competitors. This is 18% below median its historical median of 195.60. According to the industry distribution chart, Planet B2B ranks #447 out of 2819 companies in the Software industry, placing it in the top 15.9%.
Is Planet B2B's ROC (Joel Greenblatt) % too high?
Planet B2B's current ROC (Joel Greenblatt) % of 161.22% is 18% below median its 10-year median of 195.60. The Software industry median ROC (Joel Greenblatt) % is 19.59. Planet B2B's value of 161.22% is 723% above this industry median. Based on the distribution chart, Planet B2B ranks #447 out of 2819 companies in the Software industry, which is in the top quartile — a strong position relative to peers.
How does Planet B2B's ROC (Joel Greenblatt) % compare to QH and SHOP?
According to the Software industry distribution chart, Planet B2B ranks #447 out of 2819 companies for ROC (Joel Greenblatt) %. This places Planet B2B in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.59. Planet B2B's value of 161.22% is 723% above this benchmark. While the company's 10-year median is 195.60 vs. the industry median of 19.59, Planet B2B 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.59, based on 2,819 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. Planet B2B's current ROC (Joel Greenblatt) % of 161.22% is 723% 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 Planet B2B 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. Planet B2B's current ROC (Joel Greenblatt) % is 161.22%, which is 18% below median its own 10-year median of 195.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Planet B2B stock overvalued right now?
Based on GuruFocus' analysis, Planet B2B (WAR:P2B) is currently considered Modestly Undervalued. The stock's GF Value™ is zł0.06, compared to a current price of zł0.05 — trading 19.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 161.22%, which is 18% below median its 10-year median of 195.60 and 723% above the Software industry median of 19.59. 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 Planet B2B (WAR:P2B), the current ROC (Joel Greenblatt) % is 161.22% 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.
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