• Return to Headlines

Neogenomics Inc is Among the Companies in the Life Sciences Tools & Services Industry With the Highest Forward P/E Ratio (NEO, ILMN, BIO, TECH, MTD)

By Amy Schwartz

Below are the three companies in the Life Sciences Tools & Services industry with the highest 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.

Neogenomics Inc ranks highest with a a forward P/E ratio of 87.90. Illumina Inc is next with a a forward P/E ratio of 54.29. Bio-Rad Labs-A ranks third highest with a a forward P/E ratio of 42.38.

Bio-Techne Corp follows with a a forward P/E ratio of 40.87, and Mettler-Toledo rounds out the top five with a a forward P/E ratio of 31.47.

SmarTrend is monitoring the recent change of momentum in Mettler-Toledo. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Mettler-Toledo in search of a potential trend change.

Keywords: highest forward p/e ratio neogenomics inc illumina inc bio-rad labs-a bio-techne corp mettler-toledo

Ticker(s): NEO ILMN BIO TECH MTD