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.
