Bio-Techne Fair Value
TE
The fair market value of TECH stock is 65.77 USD. Relative to the market price of 74.41 USD Bio-Techne is overvalued by 11.6%
Eyestock's quantitative valuation approach is based on the method of estimating historical multipliers. To determine whether a stock is undervalued, we compare its current price to our estimated of fair value. The more undervalued a stock is, the more investment is profitable.
Fair Relative Value
Bio-Techne Valuation
Current TECH share ticker price is 74.41 USD.
The fair value level of 65.77 USD can be considered as an effective entry point for long-term investors to start investing in TECH stock. For a more in-depth assessment, we provide a minimum value that can be used to increase a stock position and a maximum one that can be used to reduce it.
Price chart is not available
Current market price
Current price is 12% higher its fair value
Current price is 24% higher its minimum value
Current price is 65% lower its maximum value
Market price:
TECH stock is overvalued
It means the current price may concern as a Risky Entry Point
Bio-Techne Corp Stock Valuation Calculator
How do we value a stock?
As fair value, we use the product of the median Price-to-earnings ratios at the end of each reporting period for the last 5 years and earnings per share for the last 12 months. By analogy with the fair value, we calculate the maximum and minimum ones using the corresponding P/E extremums.
1
Maximum P/E over 5 years
88.53
2
Median P/E over 5 years
47.39
3
Minimum P/E over 5 years
40.94
4
Earning per share (last 12 months)
1.39 USD
Maximum value
1
x
4
=
122.87 USD
Fair value
2
x
4
=
65.77 USD
Minimum value
3
x
4
=
56.82 USD
Bio-Techne Corp price metrics
8.4
Annual return (geometric mean)
35.89
Risk (standard deviation) of returns
β
1.28
Beta (volatility compared to market)