BioTechne Corp (TECH)
(Delayed Data from NSDQ)
$83.81 USD
+0.97 (1.16%)
Updated May 17, 2024 04:00 PM ET
After-Market: $83.44 -0.37 (-0.44%) 7:58 PM ET
3-Hold of 5 3
D Value D Growth B Momentum D VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
TECH 83.81 +0.97(1.16%)
Will TECH be a Portfolio Killer in May?
Zacks Investment Research is releasing its prediction for TECH based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for TECH
5 Stocks at the Forefront of S&P 500 ETF's Latest Rally
HRMY or TECH: Which Is the Better Value Stock Right Now?
TECH: What are Zacks experts saying now?
Zacks Private Portfolio Services
Techne (TECH) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Techne (TECH) Q3 Earnings and Revenues Beat Estimates
Blueprint Medicines (BPMC) Expected to Beat Earnings Estimates: What to Know Ahead of Q1 Release
Other News for TECH
Apple's Eye-Controlled iPhones, Siri's Upgrade And More: A Recap Of Week's Top Stories In Appleverse
OpenAI's New Model GPT-4o, Elon Musk's High Regard For Ilya Sutskever And Microsoft's China Move: This Week In Artificial Intelligence
Boeing's Outgoing CEO Dave Calhoun Reelected To Board Despite Safety Concerns At Company
Rapper Kid Rock Drives Into Live Concert In Texas On Custom Cybertruck Resembling General Lee
Tesla Bull Gary Black Says 'Likely' Approval Of Elon Musk's $56B Pay Package Is 'Next Major Catalyst' For The Company