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.