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Registered User
Joined: 12/5/2004
Posts: 9
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I am trying to add an additional criteria of P/E Ratio >= 10 and <= 40, but keep getting a syntax error. Can this be added to a PCF? If so, how?
Dennis Anderson
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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TeleChart's Personal Criteria Formula Language does not have syntax for referencing other symbols or fundamentals. You can do something similiar by using the following built in Fundamential System Criteria as an EasyScan Condition and adjusting the Value based Rangefinder.
P/E Ratio - The price per share divided by the trailing 12 month's earnings per share. Companies with negative earnings are designated N/A. This well known criterion is a quick and dirty way of evaluating whether a stock is richly priced or reasonably priced. The P/E ratio must, however, always be evaluated in conjunction with growth rate. A high growth rate deserves a high P/E. Generally a low P/E would merit a long position.
You may wish to review the following:
Using EasyScan to find stocks that meet your own criteria
Definitions of all built in scanning and sorting criteria
PCF Formula Descriptions
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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Registered User
Joined: 12/5/2004
Posts: 9
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Thanks, I should have known that!
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Worden Trainer
Joined: 10/7/2004
Posts: 65,138
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You're welcome.
-Bruce
Personal Criteria Formulas
TC2000 Support Articles
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