OPEN-SOURCE SCRIPT
Stock Value Rainbow

Stock Valuation based on Book Value, Dividends, Cashflow, Earnings and Estimates and Money Multiplier
There are many ways to measure stock valuations: some methods are using book value, some are using dividends, some are using cashflow, some are using earnings and some using estimates data. Most of these valuation methods are based on multiplier effect which measure how many times the stock price could expand from their valuation base. This indicator attempts to unify all these measurements using just simple addition of all measurements such as: book value per share, dividend per share, cashflow per share, earning per share, and estimates of earning per share and then using multiplier effect to create beautiful rainbow to see how far the stock has growing up above or below their valuation base. The higher the stock price on rainbow spectrum means it is more expensive and the lower in the rainbow spectrum means it is cheaper. Here is the basic formula explanation:
SV = (BVPS + DPS + CFPS + EPS + EST) * MM
BVPS = Book Value Per Share (Asset - Liability)
DPS = Dividends Per Share
CFPS = Free Cash Flow Per Share
EPS = Earnings Per Share
EST = Estimates of EPS
MM = Money Multiplier (1x, 2x, ... ,10x)
- The gray line represents the stock value SV
- The rainbow above the gray line represents the multiplication factors from 1x, 2x, ..., 10x
- The rainbow below the gray line represents the division factors from 0.8x, 0.6x, ..., 0.2x
Check other script to value stock and index:
- Stock Value Rainbow: script to value stock based on book value, dividend, cash flow, earning and estimates.
- Index Value Rainbow: script to value index based on fed balance sheet and base money supply
- Gold Value Rainbow: script to value gold based on global money supply
- Stock Value US: script to check US stock value
- Stock Value EU: script to check EU stock value
- Stock Value JP: script to check JP stock value
- Stock Value CN: script to check CN stock value
There are many ways to measure stock valuations: some methods are using book value, some are using dividends, some are using cashflow, some are using earnings and some using estimates data. Most of these valuation methods are based on multiplier effect which measure how many times the stock price could expand from their valuation base. This indicator attempts to unify all these measurements using just simple addition of all measurements such as: book value per share, dividend per share, cashflow per share, earning per share, and estimates of earning per share and then using multiplier effect to create beautiful rainbow to see how far the stock has growing up above or below their valuation base. The higher the stock price on rainbow spectrum means it is more expensive and the lower in the rainbow spectrum means it is cheaper. Here is the basic formula explanation:
SV = (BVPS + DPS + CFPS + EPS + EST) * MM
BVPS = Book Value Per Share (Asset - Liability)
DPS = Dividends Per Share
CFPS = Free Cash Flow Per Share
EPS = Earnings Per Share
EST = Estimates of EPS
MM = Money Multiplier (1x, 2x, ... ,10x)
- The gray line represents the stock value SV
- The rainbow above the gray line represents the multiplication factors from 1x, 2x, ..., 10x
- The rainbow below the gray line represents the division factors from 0.8x, 0.6x, ..., 0.2x
Check other script to value stock and index:
- Stock Value Rainbow: script to value stock based on book value, dividend, cash flow, earning and estimates.
- Index Value Rainbow: script to value index based on fed balance sheet and base money supply
- Gold Value Rainbow: script to value gold based on global money supply
- Stock Value US: script to check US stock value
- Stock Value EU: script to check EU stock value
- Stock Value JP: script to check JP stock value
- Stock Value CN: script to check CN stock value
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
開源腳本
本著TradingView的真正精神,此腳本的創建者將其開源,以便交易者可以查看和驗證其功能。向作者致敬!雖然您可以免費使用它,但請記住,重新發佈程式碼必須遵守我們的網站規則。
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。