Lowest Price to Book Ratio in the Life Sciences Tools & Services Industry Detected in Shares of Bio-Rad Laboratories (BIO, AMRI, QGEN, LMNX, TMO)
Below are the three companies in the Life Sciences Tools & Services industry with the lowest price to book ratios. Often companies with the lowest ratio present the greatest value to investors.
Bio-Rad Laboratories ranks lowest with a a price to book ratio of 1.79. Following is Albany Molecular Research with a a price to book ratio of 1.81. QIAGEN ranks third lowest with a a price to book ratio of 2.06.
Luminex follows with a a price to book ratio of 2.51, and Thermo Fisher Scientific rounds out the bottom five with a a price to book ratio of 2.93.
SmarTrend recommended that subscribers consider buying shares of Thermo Fisher Scientific on February 17th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $129.58. Since that recommendation, shares of Thermo Fisher Scientific have risen 18.0%. We continue to monitor Thermo Fisher Scientific for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.
Keywords: lowest price to book ratio bio-rad laboratories albany molecular research qiagen luminex thermo fisher scientific