A very rudimentary version of Warren Buffett's 10X Pretax Rule:
How it works: I took the Financial data provided on the platform; Annual 'Pretax Income' divided by the Annual 'Total Common Shares Outstanding', then multiply by 10.
Reason: There are many annual reports to suggest that when Warren Buffet buys large quantities of stocks, they are bought at a price under the 10X Pretax EPS and sold when its above.
Risk: There are obviously many different reasons why Warren Buffett buys a stock, so buying every stock under the 10X Pretax EPS DOES NOT guarantee future gain. This is intended as a helpful insight AMONGST many to identify good entry levels.
Uses: This works well with long established high quality companies but not so much with new growth momentum companies due to negative earnings.