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Illumina Inc has the Highest Forward P/E Ratio in the Life Sciences Tools & Services Industry (ILMN, BIO, TECH, MTD, BRKR)

By Amy Schwartz

Below are the three companies in the Life Sciences Tools & Services industry with the highest forward price to earnings (P/E) ratios. Forward P/E uses estimated earnings to compare relative value among companies in the same industry. Generally, the lower the forward P/E, the more undervalued a company is believed to be.

Illumina Inc ranks highest with a a forward P/E ratio of 57.98. Bio-Rad Labs-A is next with a a forward P/E ratio of 48.12. Bio-Techne Corp ranks third highest with a a forward P/E ratio of 44.83.

Mettler-Toledo follows with a a forward P/E ratio of 36.07, and Bruker Corp rounds out the top five with a a forward P/E ratio of 35.47.

SmarTrend recommended that subscribers consider buying shares of Bruker Corp on September 12th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $43.96. Since that recommendation, shares of Bruker Corp have risen 21.6%. We continue to monitor Bruker Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest forward p/e ratio illumina inc bio-rad labs-a bio-techne corp mettler-toledo bruker corp

Ticker(s): ILMN BIO TECH MTD BRKR