Deciding on what a reasonable PE ratio can be like asking how...

Deciding on what a reasonable PE ratio can be like asking how long is a piece of string. It depends on so many things and the underlying assumptions. If we look at early stage tech hardware comparables there are PE ratios of 60, 70 or higher. We do know that NUH is going to start earning serious revenue, its last qtr it achieved record receipts and 2021 is going to produce record revenues, this is no longer the same company it will be re-rated completely. I think a reasonable PE ratio to work with would be around 40, in fact anything between 35-45 i think would fine.