Investment Disclaimer

All investments carry risk. You should be aware that:

• Capital loss: The value of investments can go down as well as up. You may lose some or all of your invested capital.
• Past performance: Historical returns do not guarantee future results. Previous analysis accuracy does not predict future accuracy.
• Market volatility: Stock prices can fluctuate significantly due to market conditions, economic factors, and company-specific events.
• Currency risk: For international investments, currency fluctuations may affect returns.
• Liquidity risk: Some stocks may be difficult to sell quickly at desired prices.

PE Scanner relies on data from third-party sources, primarily Yahoo Finance. Important limitations include:

• Data accuracy: Third-party data may contain errors, omissions, or delays. We cannot guarantee accuracy.
• Analyst estimates: Forward P/E ratios are based on analyst estimates, which may be incorrect or outdated.
• Corporate actions: Stock splits, dividends, and other events may not be immediately reflected in our data.
• UK stocks: UK stock data may have specific quirks (pence vs. pounds) that our automatic corrections attempt to address but may miss.
• Real-time data: Data may be delayed by up to 15 minutes or more.

Always verify important data with official company filings and regulatory sources before making investment decisions.

P/E compression analysis is one of many valuation methodologies. It has limitations:

• Not comprehensive: P/E analysis does not account for debt, cash flow, assets, competitive position, or many other factors.
• Analyst bias: Forward P/E is based on analyst estimates, which may be overly optimistic or pessimistic.
• Industry variation: Different industries have different normal P/E ranges, which our analysis attempts to account for but may not perfectly capture.
• Market efficiency: Markets may remain irrational longer than expected. A "overvalued" stock may continue rising.
• Special situations: Mergers, acquisitions, restructurings, and other events may make P/E analysis less relevant.

By using PE Scanner, you acknowledge that:

• You are solely responsible for your investment decisions
• You should conduct independent research and due diligence
• You should consult with a qualified financial adviser before investing
• You understand the risks involved in stock market investing
• You accept full responsibility for any losses incurred

United Kingdom:

• PE Scanner is not authorized or regulated by the Financial Conduct Authority (FCA)
• We do not provide regulated investment advice as defined by UK law
• For regulated advice, consult an FCA-authorized financial adviser

United States:

• PE Scanner is not a registered investment adviser with the SEC
• We do not provide investment advice as defined by US securities laws
• For regulated advice, consult an SEC-registered investment adviser