Please explain Screener: terminologies, significance & what to check

Hey there! First off, in terms of RSI I did a whole explanation on it:

https://www.stocktrades.ca/premium/how-to-use-the-rsi-to-make-better-investment-decisions/

In terms of price to sales and price to book ratios, things like that, those get down to the pretty bare basics, so a site like investopedia is going to be great to learn what these ratios are and how best to use them. Ultimately, most of them should be used on an industry level basis. So, comparing the price to sales and the price to earnings of a telecom company to its telecom peers. These ratios will be vastly different from a tech company to a telecom company for example, so they provide little value when used across industries. That's exactly why we have it so you can sort via the sectors.

In terms of the things like CY, NY, SG:CY and SG:NY, those are self explained inside of the screener tutorial. They are simply analyst estimates for this year and next year with earnings and sales. So for example, a company with the following values:

CY: 20%
NY: 30%
SG:CY: 35%
SG:NY: 40%

Is expected to grow revenue by 35% and earnings by 20% in the current fiscal year, and next year is expected to grow revenue by 40% and earnings by 30%.

This is all analyst data. We don't make these estimates.

Does this help? Let me know.

Thanks for asking the question! I didn't see that either and curse every time I have to do a Google search to try and decipher what I'm looking at! I'm sure we aren't the only two!

Hi Shail,

If you go to our Growth and Dividend Screeners, you will see at the vey end there is a tab called "Table Tutorial" - it provides all the definitions in that area - in simple terms.

The "From and To" is simply a sorting feature for the table itself. For example if you wanted to sort the companies by a P/S range, then you would enter than range in the From and To area. Example, if you put a "1" in the From and the "5" in the To, you would get all companies with a P/S ratio between 1 and 5.

The Grade is a ranking based on a proprietary algorithm that we created that ranks the companies on numerous factors. In other words - it is like a screener but its based on our own methodology. For the Growth screener, there is a particular focus on growth, value and safety. The Dividend screener ranks according to dividend yield, dividend growth and dividend safety. The higher the grad the better on both lists. Keep in mind, these are simple algorithms based on numeral data that includes both historical and forward looking information. It is but the start of one's due diligence.

Mat