A price alert used to mean a price. But nobody decides to buy Apple at $210; they decide to buy it at 25 times earnings. Now you can say exactly that.
Open the bell on any stock and pick what to watch: Price, P/E, EV/EBITDA, Dividend yield, FCF yield or P/FCF. Type the level, choose above or below, and we work out the price that means and check it like any other alert. As new results come in, that price is recalculated every night, so "P/E below 25" keeps meaning P/E below 25. On Alerts each one reads the way you wrote it, with the price it fires at today beside it.
Two more ways to set one:
- At fair value. On the Valuation page, one button sets an alert at the fair value we estimate for the stock.
- Re-arm after a 5% move back. Turn it on and an alert that fires arms itself again once the price has moved 5% back past your line, so it can tell you next time without firing all afternoon on a price wobbling around it.
And Add a note: a line to your future self, like "Would add below 60 if the dividend holds". It comes back with the alert, in the email and in your inbox.
Alerts on multiples count against the same allowance as price alerts.