Current Trailing PE
Current market price divided by trailing twelve-month earnings per share (EPS). EPS sourced from FinEdge quarterly financials, summing the four most recent quarters. Null if trailing PAT is zero or negative.
The current PE is the numerator in the relative value comparison — it must be below the 5-year median for the stock to pass. A low current PE is a necessary but not sufficient condition: a cheap PE on deteriorating earnings is a value trap, which is why the screen cross-references the 5-year median rather than just applying an absolute threshold. Negative PE stocks are excluded — a company losing money has no meaningful PE to compare.
Low is better
5-Year Median PE
Median of all annual trailing PE observations over the past 5 fiscal years. Each annual PE observation uses the fiscal year-end price divided by that year's EPS. Requires at least 3 valid (positive EPS) annual observations to compute.
The 5-year median is the stock's own valuation benchmark — the PE the market has historically assigned to this business in a normal environment. Using the median rather than the mean reduces the distortion from outlier years (a one-year earnings collapse drives PE to 200x; the median ignores this noise). A stock's median PE encodes its structural growth and quality premium and is a far better comparator for premium businesses than a fixed cross-sectional ceiling.
Low is better
PE Discount to 5-Year Median (%)
((current_pe - pe_5yr_median) / pe_5yr_median) * 100. A negative value means the stock trades below its own historical median PE — the screen passes stocks where this metric is negative.
Low is better