It's a true peak reading power/SWR meter. Nice piece of equipment, 'specially for $50. But make sure you realize that the YS-60 is for HF, 1.6MHz to 60MHz. The YS-500 covers VHF and UHF, 140 MHz up to 525MHz. This one would work for CB stuff, as well as 160m to 6m ham.
'91 Pickup - Imelda / '08 Tacoma TRD - Donna
'09 Kawasaki KLR650
'98 Rhygin Juke SS / '12 Gunnar Rockhound 29 / '16 REEB Dikyelous
"Our task must be to free ourselves from this prison by widening our circle of compassion to embrace all living creatures and the whole of nature in its beauty. Nobody is able to achieve this completely, but the striving for such achievement is in itself a part of the liberation and a foundation for inner security. " --Albert Einstein