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TECH BIO-TECHNE PE ratio, current and historical analysis

As at Jun 14, 2024, the TECH stock has a PE ratio of 59.74. This is based on the current EPS of $1.27 and the stock price of $75.87 per share. An increase of 20% has been seen in the P/E ratio compared to the average of 49.7 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 53.18. The current 59.74 PE ratio is 12% 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
53.18
Median
45.92
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
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%
2014 30.86 37.58%

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 10-year historical average, but it is below the 3 and 5-year averages.

3-year avg
65.01
5-year avg
62.74
10-year avg
53.18
15-year avg
43.34

TECH PE vs peers

What is TECH's PE ratio compared to its peers

TECH's PE ratio is higher than its peer stocks TMO and DHR. BIO-TECHNE is presently trading at a higher PE ratio (59.74) than its peer group average of 35.22.

Stock name PE ratio Market cap
ENZ Enzo Biochem Inc 1.26 $59.69M
QGEN Qiagen NV 28.8 $9.48B
TMO Thermo Fisher Scientific Inc 36.55 $218.36B
DHR Danaher Corp 42.76 $188.76B
GE General Electric Co 50.45 $170.63B
BDX Becton Dickinson & Co 51.48 $67.55B
TECH BIO-TECHNE Corp 59.74 $11.96B
BIO Bio-Rad Laboratories Inc N/A $8.05B
STEM Stem Inc N/A $179.43M

Frequently asked questions

What is BIO-TECHNE's PE ratio?

The price to earnings ratio for TECH stock as of Jun 14, 2024, stands at 59.74.

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 65.01.

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 62.74.

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 12% above its 10-year historical average.

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 (Jun 14, 2024), BIO-TECHNE's stock price is $75.87. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $1.27. Therefore, BIO-TECHNE's P/E ratio for today is 59.74. PE RATIO(59.74) = STOCK PRICE($75.87) / TTM EPS($1.27)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.