Top 5 Companies in the Life Sciences Tools & Services Industry With the Lowest Forward P/E Ratio (AMRI, ICLR, PRXL, TMO, QGEN)
Below are the three companies in the Life Sciences Tools & Services industry with the lowest 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.
Albany Molecular Research ranks lowest with a a forward P/E ratio of 12.75. Following is ICON with a a forward P/E ratio of 14.32. Parexel International ranks third lowest with a a forward P/E ratio of 15.44.
Thermo Fisher Scientific follows with a a forward P/E ratio of 18.52, and QIAGEN rounds out the bottom five with a a forward P/E ratio of 18.89.
SmarTrend is tracking the current trend status for QIAGEN and will alert subscribers who have QGEN in their portfolio or watchlist when shares have changed trend direction.
Keywords: lowest forward p/e ratio albany molecular research parexel international thermo fisher scientific qiagen