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PBR and Piotroski F Score
byoungsu kang
posted Oct 1, 2018

Creating an algorithm based off the Piotroski Score index which is based off of a score (0-9)
Each of the following points in Profitablity, Leverage & Operating Effificieny means one point.
We are going to select 

**Profitability**  
- Positive ROA  
- Positive Operating Cash Flow  
- Higher ROA in current year versus last year  
- Cash flow from operations > ROA of current year

**Leverage**  
- Current ratio of long term debt < last year's ratio of long term debt  
- Current year's current_ratio > last year's current_ratio  
- No new shares issued this year

**Operating Efficiency**  
- Higher gross margin compared to previous year  
- Higher asset turnover ratio compared to previous year
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