Yes. Read perlrun for more information. Some examples follow. (These assume standard Unix shell quoting rules.)
# sum first and last fields perl -lane 'print $F[0] + $F[-1]' *
# identify text files perl -le 'for(@ARGV) {print if -f && -T _}' *
# remove (most) comments from C program perl -0777 -pe 's{/\*.*?\*/}{}gs' foo.c
# make file a month younger than today, defeating reaper daemons perl -e '$X=24*60*60; utime(time(),time() + 30 * $X,@ARGV)' *
# find first unused uid perl -le '$i++ while getpwuid($i); print $i'
# display reasonable manpath echo $PATH | perl -nl -072 -e ' s![^/+]*$!man!&&-d&&!$s{$_}++&&push@m,$_;END{print"@m"}'OK, the last one was actually an Obfuscated Perl Contest entry. :-)