Share valuations of world's top medical glove makers surge - but not on MERS

KUALA LUMPUR/BENGALURU, June 25 (Reuters) - Share valuations of the four biggest medical glove makers in Malaysia - in the world, in fact - have soared to historic highs, but not because of the MERS outbreak. The median forward 12-month price-to-earnings ratio of Top Glove (TPGC.KL), Supermax (SUPM.KL), Kossan Rubber Industries (KRIB.KL) and Hartalega (HTHB.KL) has risen to 18, the highest ever, according to Thomson Reuters data. Among the four, they see Top Glove as their top pick.

Share valuations of world's top medical glove makers surge - but not on MERS source: http://finance.yahoo.com/news/share-valuations-worlds-top-medical-004743730.html