Up until now, if you wanted to know when a stock’s price-to-sales ratio dropped below a target, its earnings yield crossed a certain threshold, or another valuation metric reached your target level, you needed to monitor the numbers yourself or wait for the news. Now, you can create alerts for key valuation metrics directly on your Supercharts and receive notifications once your criteria are met.
Note: For now, fundamental alerts are only available for stocks. Each alert counts toward your technical alert limit and is tied to a single symbol.
Let’s explore how they work.
Getting started with valuation alerts
Valuation metrics can help you identify potential opportunities without constantly checking fundamentals. Whether you focus on valuation multiples, market capitalization, or shareholder return metrics, these alerts help automate the monitoring process so you can focus on acting instead of tracking.
They work just like alerts on any other indicator. To create them, follow these steps.
- Add the metric through the Indicators menu to your chart
- Open the alert settings
- Select a condition
- Choose a trigger type
- Set an expiration
Then your alert is ready. Notifications are generated in plain-text English (e.g., Price to earnings ratio Less Than 32 on AAPL).
These alerts also work in multi-chart layouts, on watchlists, and as presets.
Note that they trigger on the metric’s value. Setting an alert for when the metric crosses the price line is not supported.
You can create alerts for the following valuation metrics:
- Price to earnings ratio
- Price to free cash flow ratio
- Price/earnings to growth ratio (PEG),
- Price to book ratio
- Price to cash flow ratio
- Price to sales ratio
- Price to tangible book ratio
- Buyback yield %
- Earnings yield %
- Dividend yield (calculated by TradingView)
- Market capitalization
We hope this feature helps you keep track of what matters most and stay on top of market opportunities. Let us know what you think, your feedback keeps TradingView growing and improving every day.
Team TradingView