Shares of Bio-Rad Laboratories Rank the Lowest in Terms of Price to Book Ratio in the Life Sciences Tools & Services Industry (BIO, AMRI, QGEN, LMNX, PKI)
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 1.96. Albany Molecular Research is next with a a price to book ratio of 2.02. QIAGEN ranks third lowest with a a price to book ratio of 2.42.
Luminex follows with a a price to book ratio of 2.72, and PerkinElmer rounds out the bottom five with a a price to book ratio of 2.86.
SmarTrend recommended that subscribers consider buying shares of QIAGEN on July 26th, 2016 as our technology indicated a new Uptrend was in progress when shares hit $23.10. Since that recommendation, shares of QIAGEN have risen 12.6%. We continue to monitor QIAGEN 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 perkinelmer