Screener provides complete flexibility to customize the result columns and even create our own financial ratios.
The financial ratios created are calculated on the fly for all the stocks and can be used in custom screens.
To create a custom ratio, go to create financial ratios page.
You will receive a ratio-creating form, similar to one used for creating custom screens.
Unlike screen queries, we don’t use inequalities but provide a mathematical formula for our ratio.
In above example we create a new custom ratio to calculate difference of current price of the stock from its 52-week low price.
Similarly we can create a ratio to calculate our own DCF Value ratios or any other valuation ratio.
These custom ratios can be also used in creating custom screens.
For any assistance in creating custom ratios, leave a comment below.