RHC 1.04% $47.49 ramsay health care limited

valuation is incredibly stretched. now at 31x p/e 14 and 26p/e...

  1. 619 Posts.
    valuation is incredibly stretched. now at 31x p/e 14 and 26p/e for 2015 numbers. no yield. a lot of the growth projected is one off i.e. purchased growth through buying a large hospital company in france. impossible to repeat for a 10bn company+ with a lot of debt now.

    at some point SP will have a wake up call when growth slows. P/E will drop, causing a decline.
    Last edited by nih123: 21/08/14
 
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