Shares of THC fell by 8.57% or $-0.43/share to $4.59. Tenet Healthcare Corp. is trading at a price to book ratio of 1.63. The PEG is 0.69 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.25. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 10431900 shares of THC exchange hands on a given day and today's volume is recorded at 4226569. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Tenet Healthcare Corporation (Tenet) is an investor-owned company that operates in one line of business: the provision of health care services through the operation of acute care hospitals and related health care facilities.
