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TECH BIO-TECHNE PE ratio, current and historical analysis

As at Dec 20, 2024, the TECH stock has a PE ratio of 77.02. This is based on the current EPS of $0.95 and the stock price of $73.17 per share. An increase of 18% has been seen in the P/E ratio compared to the average of 65.3 of the last 4 quarters.

TECH PE ratio history

How has TECH's PE ratio performed in the past

The mean historical PE ratio of BIO-TECHNE over the last ten years is 55.38. The current 77.02 PE ratio is 39% above the historical average. Over the past ten years, TECH's PE ratio was at its highest in the Jun 2021 quarter at 123.7, with a price of $112.57 and an EPS of $0.91. The Dec 2014 quarter recorded the bottom point at 29.24, with a price of $23.1 and an EPS of $0.79.

Average
55.38
Median
49.86
Minimum
29.24
Maximum
123.7

BIO-TECHNE PE ratio by year

Maximum annual increase: 181.07% in 2021

Maximum annual decrease: -59.51% in 2022

Year PE ratio Change
2024 66.96 48.47%
2023 45.1 -9.96%
2022 50.09 -59.51%
2021 123.7 181.07%
2020 44.01 -45.96%
2019 81.44 84.96%
2018 44.03 -23.56%
2017 57.6 43.03%
2016 40.27 19.42%
2015 33.72 9.27%

TECH average PE ratio chart

What is the average PE ratio of TECH for the past years

The current PE ratio of TECH is greater than its 3, 5 and 10-year historical averages.

3-year avg
58.43
5-year avg
62.22
10-year avg
55.38
15-year avg
45.1

TECH PE vs peers

What is TECH's PE ratio compared to its peers

TECH's PE ratio is lower than its peer stock QGEN, but it is greater than TMO's and GE's. BIO-TECHNE is presently trading at a higher PE ratio (77.02) than its peer group average of 36.01.

Stock name PE ratio Market cap
GE General Electric Co 29.33 $182.23B
TMO Thermo Fisher Scientific Inc 32.77 $200.45B
BDX Becton Dickinson & Co 38.72 $65.83B
DHR Danaher Corp 43.2 $165.08B
TECH BIO-TECHNE Corp 77.02 $11.63B
QGEN Qiagen NV 120.73 $10B
BIO Bio-Rad Laboratories Inc N/A $9.17B
STEM Stem Inc N/A $52.7M
ENZ Enzo Biochem Inc N/A $39.85M

Frequently asked questions

What is BIO-TECHNE's PE ratio?

The price to earnings ratio for TECH stock as of Dec 20, 2024, stands at 77.02.

What is the 3-year average PE ratio for BIO-TECHNE (TECH)?

Over the last 3 years, the average price to earnings ratio for TECH stock is 58.43.

What is the 5-year average PE ratio for BIO-TECHNE (TECH)?

Over the last 5 years, the average price to earnings ratio for TECH stock is 62.22.

What is the highest PE ratio for TECH?

In the last ten years, the Jun 2021 quarter recorded the highest quarterly PE ratio at 123.7.

How does the current PE ratio for TECH compare to its historical average?

TECH's current price to earnings ratio is 39% above its 10-year historical average.

Why is BIO-TECHNE's PE ratio so high?

TECH's PE ratio is high because its earnings per share (EPS) is low relative to its stock price.

How is TECH's PE ratio calculated (BIO-TECHNE PE ratio formula)?

You can calculate the PE ratio by dividing the most recent stock price by the trailing twelve months EPS. As of today (Dec 20, 2024), BIO-TECHNE's stock price is $73.17. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $0.95. Therefore, BIO-TECHNE's P/E ratio for today is 77.02. PE RATIO(77.02) = STOCK PRICE($73.17) / TTM EPS($0.95)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.