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Relatively High P/E Ratio Detected in Shares of Bio-Rad Labs-A in the Life Sciences Tools & Services Industry (BIO, TECH, ILMN, PRAH, QGEN)

By Nick Russo

Below are the three companies in the Life Sciences Tools & Services industry with the highest price to earnings (P/E) ratios. P/E is an important valuation tool when comparing companies in the same industry. A higher P/E ratio means that investors are paying more for each unit of net income, so the stock is more expensive compared to one with a lower P/E ratio.

Bio-Rad Labs-A ranks highest with a a P/E ratio of 86.90. Following is Bio-Techne Corp with a a P/E ratio of 71.63. Illumina Inc ranks third highest with a a P/E ratio of 60.16.

Pra Health Scien follows with a a P/E ratio of 42.78, and Qiagen Nv rounds out the top five with a a P/E ratio of 42.44.

SmarTrend is tracking the current trend status for Bio-Rad Labs-A and will alert subscribers who have BIO in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest p/e ratio bio-rad labs-a bio-techne corp illumina inc pra health scien qiagen nv

Ticker(s): BIO TECH ILMN PRAH QGEN