Shares of THC traded higher by 0.76% or $0.04/share to $5.29. NYSE is trading at a price to book ratio of 1.93. The PEG is 0.82 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.23. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 6739160 shares of THC exchange hands on a given day and today's volume is recorded at 2723924. 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, and its subsidiaries (Tenet) is an investor-owned health care services company whose subsidiaries and affiliates own and operate acute care hospitals, ambulatory surgery centers, diagnostic imaging centers and related health care facilities.
