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SCAN: EPS or PE Ratio?

Robertplayitloud
Robertplayitloud ✭
in Scanning
Dear traders, I have a problem using PE ratio and EPS in the scans. In order scan for profitable companies only. I implemented

and [EPS > 0]

as well as

and [PE ratio >0]

Both definitions did not work, and the scan included stocks with EPS<0 and P/E<0 which I tried to avoid.

Do you have any idea how to fix this problem?

Thank you, Rob


Comments

  • markd
    markd mod
    edited October 2020
    I did this and it seems to work

    [group is sp500]
    and [EPS > 0]
    rank by EPS

    this works, too

    [group is sp500]
    and [PE ratio > 0]
    rank by PE ratio

    I wonder if your scan includes an "or" statement that is not properly bracketed?
  • Robertplayitloud
    Robertplayitloud ✭
    Thank you Mark. I cleared the memory, saved the scan again and it works now.

    Have a good day! Rob

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