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.

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