# Low PE in an uptrend — NSE scan

> Stocks under fifteen times trailing earnings, holding above the 200-day — cheap, and no longer ignored.

Canonical: https://patternsradar.com/screener/low-pe-uptrend

```sift
where pe < 15 and close > sma(200)
```

A low P/E on its own is a value-trap list: businesses priced cheap because they deserve to be. The trend filter changes the question — a stock below fifteen times trailing earnings that also holds above its 200-day average is cheap and being re-rated, not cheap and forgotten. The earnings side is point-in-time trailing twelve months, so a stock appears only once four quarters are on file, and loss-makers — where a P/E means nothing — are NULL and excluded by construction.

Category: [Fundamentals](https://patternsradar.com/scans/fundamentals.md). Default universe: top 500 NSE stocks by 20-day turnover.

The rendered page runs this scan against the latest session and can replay it across the last 250 sessions to measure its hit rate: https://patternsradar.com/screener/low-pe-uptrend.