Techne Corporation (TECH)
Techne Corporation PE Value: 79.74
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TECH PE Value Rankings
| Overall | 88th percentile | 115 of 988 |
| Sector | 78th percentile | 15 of 71 in Healthcare |
| Industry | 75th percentile | 3 of 12 in Medical Appliances & Equipment |
TECH PE Value Range, Past 5 Years
| Minimum | 75.08 | Jun 2007 |
| Maximum | 91.27 | Dec 2008 |
| Average | 83.68 |
About PE Value (Pro)
Click the "Learn More" link below to see how YCharts calculates the PE Value
This valuation method corrects for any recent price appreciations for discounts by assuming that the value of the company will be in line with its historical valuations based on PE ratios. It will show companies that have recently increased in price, without an accompanying increase in earnings, to be overvalued, and it will show companies with a recent decrease in price, without an accompanying decrease in earnings, to be undervalued.
This method is most difficult to trust with growth stocks. Some of these companies trade at PE multiples of more than 35 for many years as they experience their growth. However, multiples of 35+ are rare (as of August 30, 2010 only 12.5% of companies had a 5 year average PE greater than 35), and since there is no sure way to know when a company's growth will slow, we apply a maximum PE ratio of 35 to companies. This helps to ensure that investors do not purchase companies under the intuition (based on history) that a stock's "reasonable" PE ratio is 35+ over the long term. If an investor wants to apply that PE ratio consciously based on special information, they may do so, but there should be sound reason.
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TECH News
about 4 days ago by abubnic
about 22 days ago by gtlackey
May 01, 7:00AM PR Newswire
Jan 31, 7:00AM PR Newswire
about 215 days ago by Inside_bar
about 217 days ago by DynamicDividend
about 286 days ago by 1nvestor
about 345 days ago by tradewithpete
about 389 days ago by canarionyc
about 393 days ago by canarionyc
about 393 days ago by canarionyc
about 508 days ago by tea650
about 584 days ago by Sangluccitrades
about 592 days ago by Head_Scratcher
about 616 days ago by drakoncapital
about 626 days ago by The20YM
about 719 days ago by mckra1g
about 741 days ago by ToddinFL
about 778 days ago by EquityClock
about 855 days ago by rfurlan
about 858 days ago by zippertheory
about 872 days ago by themeatbaron
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TECH | 66.42 | -1.44 | -2.12% | 2.501B |
| TECD | 47.17 | -0.44 | -0.92% | 1.966B |
| TEAR | 3.02 | -0.22 | -6.79% | 66.16M |
| TEA | 13.04 | -0.24 | -1.81% | 508.76M |
| TE | 17.19 | -0.21 | -1.21% | 3.755B |
| TDY | 57.17 | -2.41 | -4.04% | 2.187B |
| TDW | 44.47 | -0.61 | -1.35% | 2.306B |
| TDS.S | 26.92 | +0.07 | +0.26% | |
| TDS | 19.44 | -0.41 | -2.07% | 2.153B |
| TDD | 21.62 | -0.01 | -0.05% |