Hospital stocks have problems, trouble negotiating higher fees with health funds, nurses wages rising, etc.
Nova announced yesterday that eps should be between 6.2-6.8 cents this f.year.
On todays closing price of 51c,
NHL P/E=8.2 P/B=0.52
Other stocks,
HSP P/E=16.4 P/B=2.14
RHC P/E=13.5 P/B=2.06
MAY P/E=13.4 P/B=0.73 (but not wholly hosp.)
Is Nova good value at half NTA ?
