China VTV (China VTV) Earnings Yield (Joel Greenblatt) % : -0.04% (As of Aug. 2020)

China VTV Earnings Yield (Joel Greenblatt) % Chart

China VTV Quarterly Data
	Nov15	Feb16	May16	Aug16	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20
Earnings Yield (Joel Greenblatt) %	Get a 7-Day Free Trial															0.04	-0.48	-0.16	-0.14	-0.04

Competitive Comparison of China VTV's Earnings Yield (Joel Greenblatt) %

For the Internet Content & Information subindustry, China VTV's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (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.

China VTV's Earnings Yield (Joel Greenblatt) % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, China VTV's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where China VTV's Earnings Yield (Joel Greenblatt) % falls into.

China VTV Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

China VTVs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Feb. 2020 is calculated as

China VTV's EBIT for the trailing twelve months (TTM) ended in Aug. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.29 Mil.

China VTV  (OTCPK:CVTV) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.

Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.

China VTV Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of China VTV's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.

China VTV (China VTV) Business Description