NUVA is overvalued, looking only at valuation relative to its Industry.
* NUVA has a Projected P/E of 105.73 (huge)
* NUVA's Industry (Medical Instruments & Supplies) has an average Projected P/E of 22.32
* Implies a Projected Stock Price of $10.04
* NUVA has a projected earnings growth rate of 5.10%
* NUVA has a PEG of 20.73 (huge)
* NUVA's Industry (Medical Instruments & Supplies) has an average Projected PEG of 2.23
* Implies a Projected Stock Price of $5.12
Source of the analysis and calculations:
http://www.freestockvalueranker.com/?method=peg_pe&symbol...
Why is this stock so overvalued?
Analysis date: Oct 5, 2008