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OPEN-SOURCE SCRIPT

P/E Ratio (TTM)

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This indicator plots the trailing P/E ratio (TTM) using GAAP EPS (TTM) sourced directly from TradingView’s fundamental data. It includes valuation‑zone color coding, yearly labels, and a clean, compressed visual layout suitable for most equities.

The goal is to provide a fast, intuitive view of how expensive or cheap a stock is relative to its historical earnings power.

Note:
  • The indicator caps P/E values around 120 for visual clarity.
  • Negative P/E ratios are intentionally excluded, since P/E is undefined when EPS is negative.
  • You can adjust the cap or remove it entirely if you prefer a full‑range view.

This tool is especially useful for identifying periods when a company is trading at historically elevated or discounted valuation levels.

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

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earningsanalysisearningsreportFundamental AnalysisfundamentalsanalysismarketinsightsperatioperatioanalysisPrice/Earnings Ratio (P/E Ratio)statisticsvaluationvaluationfundamentals

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
earningsanalysisearningsreportFundamental AnalysisfundamentalsanalysismarketinsightsperatioperatioanalysisPrice/Earnings Ratio (P/E Ratio)statisticsvaluationvaluationfundamentals

Open-source script

In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.

followmytradingjournal

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.