Best Value Investment in the Life Sciences Tools & Services Industry Detected in Shares of CombiMatrix (CBMX, AMRI, KNDL, CBM, AFFX)
Below are the top five companies in the Life Sciences Tools & Services industry as measured by the price to book ratio. Often companies with the lowest ratio present the greatest value to investors.
CombiMatrix (NASDAQ:CBMX) has a price to book ratio of 0.6x based on a current price of $2.55 and a book value per share of $4.59.
Albany Molecular Research (NASDAQ:AMRI) has a price to book ratio of 0.6x based on a current price of $6.22 and a book value per share of $9.9.
Kendle International (NASDAQ:KNDL) has a price to book ratio of 0.8x based on a current price of $12.29 and a book value per share of $15.92.
Cambrex (NYSE:CBM) has a price to book ratio of 1x based on a current price of $3.12 and a book value per share of $3.27.
Affymetrix (NASDAQ:AFFX) has a price to book ratio of 1.1x based on a current price of $4.32 and a book value per share of $4.06.
SmarTrend is bearish on shares of AFFX and our subscribers were alerted to Sell on April 27, 2010 at $6.51. The stock has fallen 33.6% since the alert was issued.