def METHOD_NAME(value):
    # Translators: Simply move the percent symbol (%) to the correct location. Do NOT translate the word statistic.
    percent_stat = _('{statistic}%')
    percent = '0'
    if value:
        if value < 0.01:
            percent = '< 1'
        else:
            percent = '{:.1f}'.format(round(value, 3) * 100)
    return percent_stat.format(statistic=percent)