What is the Portfoilio Evaluation and Review Technique (PERT) Report? (Here is a recent PERT report for Moose Pond Investors.) The following description is borrowed from the NAIC Toolkit manual.
“The PERT report is the first defensive weapon in your portfolio management arsenal. This report deals with two main issues. The foremost is the trend in the companies’ performance; of lesser importance is a current value assessment of the stocks. A third item—of interest, but of least importance—is the stock’s dividend and yield. That information is found in the first and third column of the report, on either side of the company’s name.
“Columns 5 through 8 represent the heart of the PERT Report. They reveal, respectively, the percentage difference in quarterly earnings per share, quarterly pre-tax profits, quarterly sales, and the trailing 12-months’ earnings per share over the same figures for a year ago.
“While quarterly changes are not, in themselves, important enough to warrant taking some immediate action, they are significant alert signals to detect the possible onset of longer-term trends.”