Is Bio-Techne Corporation (TECH) Undervalued?
Based on the current stock price of $59.22 and a P/E ratio of 120.86,Bio-Techne Corporation has a PEG ratio of 42.26.
The Short Answer:
Most analysts consider a PEG ratio below 1.0 to be undervalued. With a ratio of 42.26, TECH appears to be potentially overvalued relative to its growth rate of 2.86%.
Based on a PEG ratio of 35.55 (adjusted for dividends).
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How we analyzed TECH
We calculated the PEG (Price/Earnings-to-Growth) ratio by taking the Price-to-Earnings Ratio of 120.86and dividing it by the annual growth rate of 2.86%.
PEG = 120.86 (P/E) ÷ 2.86 (Growth) = 42.26
Frequently Asked Questions about TECH
What is the current PEG Ratio for Bio-Techne Corporation (TECH)?+
The current PEG Ratio for Bio-Techne Corporation is 42.26. A PEG ratio below 1.0 generally suggests the stock may be undervalued relative to its growth.
Is TECH stock undervalued right now?+
Based on the PEG ratio of 42.26, Bio-Techne Corporation appears to be potentially overvalued. Investors typically look for a PEG ratio below 1.0 to find undervalued growth stocks.
What is the PEGY Ratio for TECH?+
The PEGY ratio for Bio-Techne Corporation is 35.55. This metric accounts for dividend yield (0.54%), providing a more complete valuation picture.