Core Product Principle
Stockerboard explains. Stockerboard does not predict.
All financial ratios, valuation indicators, and screening conditions presented on Stockerboard are algorithmic and mathematical. They are designed to help investors contextualize public information systematically. Inclusion of a company in any list, table, or screen does not constitute a recommendation, endorsement, or prediction of future returns.
Key Metrics & How They Are Derived
What it means: The total aggregate market value of a company's outstanding equity shares as settled on the exchange.
Stockerboard rule: Formatted in Indian Crores (₹ Cr). Used to classify companies by capital scale (Large Cap, Mid Cap, Small Cap, Micro Cap).
Important to know: Computed on an End-of-Day (EOD) closing settlement basis. Outstanding share counts are refreshed based on official regulatory corporate filings and adjust periodically during corporate actions.
What it means: Shows how much the market is currently paying for each rupee of annual earnings generated by the business.
Stockerboard rule: Compares trailing twelve-month earnings with the latest closing price. Companies with negative earnings or unavailable P/E values are excluded from positive valuation filters and presented as — Not available.
Important to know: A low P/E does not automatically mean a stock is inexpensive. Cyclical windfalls, one-time extraordinary gains, or accounting adjustments can artificially distort trailing earnings.
What it means: Return on Equity compares company profit with shareholders' equity, measuring how efficiently management reinvests equity capital.
Stockerboard rule: Evaluates corporate profitability and equity compounding ability across consecutive fiscal periods using certified balance sheet statements.
Important to know: A high ROE should not be interpreted alone. Debt, one-time gains, industry structure, and capital intensity can affect the ratio. ROE should always be cross-referenced with total borrowings and Return on Capital Employed (ROCE).
What it means: The percentage distance between the most recent eligible closing market price and the company's verified 365-day high price.
Stockerboard rule: Expressed as a negative percentage relative to the 52-week peak (for example, -2.4% means trading 2.4% below its recorded peak; 0.0% means trading at its yearly peak).
Important to know: Measures price location, not intrinsic valuation. Proximity to historical highs or lows is descriptive and does not indicate future direction.
Named Screen Rules & Public Criteria
Stockerboard provides pre-configured quantitative screens. Each filter applies a transparent, objective mathematical rule to the active coverage universe.
What it means: Return on Equity compares company profit with shareholders' equity.
Stockerboard rule: A company appears in this screen when its available certified ROE is at least 15% (ROE ≥ 15.0%).
Important to know: A high ROE should not be interpreted alone. Debt, one-time gains, industry structure, and capital intensity can affect the ratio. Companies with null or unreported ROE values are excluded from this screen.
What it means: Price-to-Earnings compares the market price with earnings attributable to each share.
Stockerboard rule: A company qualifies when P/E is greater than 0 and P/E is less than or equal to 25. Companies with negative earnings or unavailable P/E values are excluded from this screen.
Important to know: A low P/E does not automatically mean a stock is inexpensive. Depressed valuations often reflect market expectations of declining future earnings or cyclical challenges.
What it means: Identifies companies whose closing price is trading right at or virtually at their highest level of the past 52 weeks.
Stockerboard rule: The closing price is within approximately 0.5% of the stored 52-week high (distance from 52-week high is greater than or equal to -0.5%).
Important to know: Proximity to historical price highs is a descriptive location metric, not a forecast or buying signal. Requires valid rolling 365-day historical trading records.
What it means: Identifies companies trading in a tight corridor just below their 52-week high.
Stockerboard rule: The closing price is within 3% of the stored 52-week high, subject to Stockerboard's current screening boundary (distance between -3.0% and -0.05% below the high).
Important to know: Historical price proximity does not indicate whether a stock will break out or pull back. Requires valid rolling 365-day price history.
| Screen Preset | Stockerboard Rule | Handling of Unavailable Data |
|---|---|---|
| ROE ≥ 15% | Available certified ROE is at least 15.0% | Companies with null or unreported ROE are excluded. |
| P/E ≤ 25 | P/E is greater than 0 and less than or equal to 25.0 | Loss-making (negative P/E) or unreported P/E excluded. |
| Near 52-week high | Closing price is within 3% of 52-week high (between -3.0% and -0.05%) | Requires valid rolling 365-day price history. |
| At 52-week high | Closing price is within approximately 0.5% of 52-week high (≥ -0.5%) | Requires valid rolling 365-day price history. |
Technical Pattern Classifications
In Pro research and advanced views, Stockerboard provides quantitative pattern-matching tags (such as Stage 2 Uptrend, VCP base forming, Pocket Pivot, and Volume Surge).
These conditions are strictly quantitative screening conditions and pattern classifications derived from historical data (such as moving average slopes and volume standard deviations relative to trailing 50-day baselines). They represent analytical filters rather than trade signals, recommendations, opportunities, expected winners, or guaranteed setups.
Missing Data & Temporal As-of Dates
Different data points necessarily have different origin dates:
- Market Quotes: Derived from the latest eligible trading session (official NSE EOD settlement).
- Financial Ratios: Derived from the latest certified annual or quarterly XBRL regulatory filing released by the company.
When a metric is missing, unfiled, or non-calculable (e.g., P/E on a loss-making firm), Stockerboard renders — Not available. Stockerboard strictly avoids interpolating or guessing missing numbers.