Analti_Calte

Bloomberg has equity screening capabilities with a simple language you can learn to enter in different items on the balance sheet, income stmt, etc. Sounds like you might want something like:

[Current price / avg of last 5 years earnings, where earnings have been adjusted to exclude one-time gains/losses] is less than (a number that you want to use - current P/E of the market, or some other value you have in your head). I forget what it is, but I think bloomberg has a set variable for "earnings, excluding one-time charges/gains". It's not perfect, but it'll filter out some of the non-recurring crap.

You could then then use this as a starting point for your screens, but this is really not much more than a starting point. You'd have to combine it with other metrics (market cap, leverage ratios) etc in order to get your list down to a usable universe.

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Edited 1 time(s). Last edit at Thursday, June 2, 2011 at 01:29PM by supersadface.