Hi I've looked into these before, market calculates those numbers monthly, and only if the companies aearnings are positive. If the company has a negative quarter, it need 5 years of profits from there in order to calculate the number.
It's not a very usefull field, I should just drop it. Gary --- In [email protected], "investor0329" <[EMAIL PROTECTED]> wrote: > > I just started using the QP_HighPE and QP_LowPE Excel functions > thinking they would be useful in identifying low priced stocks but i > see problems with these.. > > For exampe.. > > ticker: HBIO which QP has data for since 12/7/2000.... > The current p/e is given as 20. The QP_LowPE function yields > 5.19, however, the QP_HighPE function yields 0.00 !! Why is this? > There has to be a high pe is there is a low pe..even if it is the > current p/e and the current p/e is higher than the low p/e..so this > makes zero sense to me. > > Also, there are lots of cases where the current p/e is negative yet > the low p/e is given as 0. > > And of course, most stocks have a 0 for both low and high p/e...not > too useful. > > Please advise. > > Thx. >
