The first re-fresh of our IC Alpha growth at a reasonable price (GARP) screen, sees changes among the constituents of both the large-cap (FTSE All Share) and small-cap (FTSE All Small and Aim) screens. The price-to-earnings growth (PEG) ratio is central to both sets of screening criteria, with the All Share screen requiring a PEG below the median for the index and the smaller company screens each requiring a PEG in the bottom quartile of their respective universes.
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