Relatively Low PEG Ratio Detected in Shares of Luminex in the Life Sciences Tools & Services Industry (LMNX, ICLR, PRXL, TMO, AMRI)
Below are the three companies in the Life Sciences Tools & Services industry with the lowest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.
Luminex ranks lowest with a a PEG ratio of 0.94. Following is ICON with a a PEG ratio of 1.21. Parexel International ranks third lowest with a a PEG ratio of 1.24.
Thermo Fisher Scientific follows with a a PEG ratio of 1.83, and Albany Molecular Research rounds out the bottom five with a a PEG ratio of 1.94.
SmarTrend is monitoring the recent change of momentum in Luminex. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Luminex in search of a potential trend change.
Keywords: lowest peg ratio luminex parexel international thermo fisher scientific albany molecular research