A discounted P/E ratio occurs when a stock is trading at a price-to-earnings ratio lower than its historical average, suggesting it may be undervalued.
The screener compares a stock's current and forward P/E ratio to its historical average over a period of 10 years to highlight potential undervaluation. You can also additionally filter results by the sector and the country.
Using a P/E discount screener helps identify stocks that may be undervalued relative to their long-term valuation norms, supporting value investing strategies.
A good P/E discount typically indicates that the current P/E is significantly lower than the historical average, often by 20% or more.
Yes, a low P/E ratio can suggest undervaluation, but it may also reflect weak earnings prospects or company-specific risks.
Trailing P/E is based on actual past earnings, while forward P/E uses analyst forecasts. In this screener you can use both filters simultaneously.
Sectors like financials, energy, or cyclical industries often show P/E discounts due to earnings volatility or market sentiment shifts.
Not always — a discounted P/E ratio may indicate value, but investors should also consider growth outlook, debt levels, and broader fundamentals.
P/E discount data is updated daily since, the price of assets changes. But underlying earnings are usually updated quarterly.
Historical P/E data is calculated using past stock prices and EPS, sourced from company financial filings and market data providers.