OPEN-SOURCE SCRIPT
EV/Ebitda Real
EV/Ebitda ratio updated realtime with true value of market cap .
Market cap = last price * total number of shares
EV = market cap - debts + cash
This indicator, as opposed to the default one, uses last price information to calculate the market cap of the selected company/symbol.
The default TradingView ratio uses the last financial quarter information about market cap, which, tends to be obsolete in the day-by-day analysis.
Market cap = last price * total number of shares
EV = market cap - debts + cash
This indicator, as opposed to the default one, uses last price information to calculate the market cap of the selected company/symbol.
The default TradingView ratio uses the last financial quarter information about market cap, which, tends to be obsolete in the day-by-day analysis.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
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