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Percentile Rank of PEG, Price/Free Cash Flow and Price/Sales

by Brian Brown, 2452 days ago
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This trading screen uses three fundamental valuation ratios to create a ranking system using the composite function.

The screen consists of calculating the percentile rank of the inverse of each valuation ratio (Based on all U.S. stocks) and then returning the percentile rank of the following measure (0.4 * Percentile Rank of 1/PEG + 0.3 * Percentile Rank of 1/(Price/Free Cash Flow) + 0.3 * Percentile Rank of 1/(Price/Sales)). Weights and fundamental items can be changed to fit your need and style.
The inverse of the ratios was taken because usually the lower the value is the better it is for the underlying stock.

The screener displays several columns including the value of each fundamental ratio, its percentile rank and the ranking system percentile value (The ranking system variable name is metric1). Only stocks that have a close price higher than 2 dollars and a ranking system value higher than 95% are returned.

I have used the Valuation ratios for US stocks item to get the three valuation ratios (PEG, Price/Free Cash Flow and Price/Sales). Note that the PEG and Price/Free Cash Flow percentile values are calculated based on all stocks in the universe (In the symbols list specified in the screener), while the Price/Sales ratio percentile rank is calculated based on stocks that are in the same industry. This was done by specifying a third parameter (industry()) in the "Comp" function.

Here is another fundamental screen I have created that may interest you: PEG and Price to Free Cash Flow above Market Averages.


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Type: Screen

Object ID: 863


Country:
United States

Market: Stock Market

Style:
Fundamental Analysis

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