Price Earnings & Price/Earnings (Indicator)Analysis Techniques & Strategies
Price Earnings & Price/Earnings (Indicator)None
Plots price/earnings ratio fundamental values. If a non-meaningful or erroneous value is detected, a blank cell will be displayed. This is a grid-based indicator.
| Number | Name | Default Color | Description |
| Plot1 | InclXorTTM | White | P/E basic, including extraordinary items, trailing twelve months (TTM). |
| Plot2 | ExclXorTTM | White | P/E basic, excluding extraordinary items, trailing twelve months (TTM). |
| Plot3 | ExclXor5YrHi | White | P/E basic, excluding extraordinary items, 5-year high. |
| Plot4 | ExclXor5YrLo | White | P/E basic, excluding extraordinary items, 5-year low. |
| Plot5 | ExclXorTTM | White | P/E basic, excluding extraordinary items, 5-year average |
| Name | Expression | Default | Description |
| EarningsFIeld | String | SDBF | Sets the fundamental field to use for earnings per share. Defaults to diluted EPS. |
| AvgLength | Numeric | 12 | Sets the number of bars over which to calculate the average P/E. |
| PctAbove | Numeric | 10 | Sets the percentage above the average P/E at which to plot the upper band. |
| PctBelow | Numeric | 10 | Sets the percentage below the average P/E at which to plot the lower band. |
| ValueToPlotOnError | Numeric | 0 | User specified error value to be plotted if the fundamental value cannot be retrieved. |
Plots the price/earnings ratio value for the specified fundamental earnings field along with a moving average line and percentage high/low bands. This is a Chart Analysis indicator.
| Number | Name | Default Color | Description |
| Plot1 | P/E | White | P/E, excluding extraordinary items, trailing twelve months (TTM). |
| Plot2 | Avg P/E | White | Moving average of the P/E. |
| Plot3 | UpperBand | White | Upper band at a specified percentage above the Avg P/E. |
| Plot4 | LowerBand | White | Lower band at a specified percentage below the Avg P/E. |
Fundamental data earnings field names are listed under the Income category.
All units, except share values, are converted to Millions for all periods. Percentages are returned as whole values (i.e. a value of 26.5 represents 26.5% and not 2650.00%)
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