This script is supposed to be a quite basic way to find, from a fundamental standpoint, overvalue or undervalued stocks.
The script shows either Book to Market (inverse of P/B), EV /EBITDA, Earnings Yield (inverse of P/E) or Sales to Market (inverse of P/S).
For example, P/B is calculated as Close price / Book Value per share. As a contrarian investor you...
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...
