Question 1

What is Bio-Techne's P/E ratio?

Accepted Answer

Bio-Techne (TECH) P/E ratio is 74.5× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Bio-Techne?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Bio-Techne specifically, the relevant sector benchmark is the current sector median of 25.0×.

Question 5

Is Bio-Techne's P/E ratio high or low?

Accepted Answer

Bio-Techne's P/E ratio of 74.5× is above its own 5-year average of 74.1× and above the sector median of 25.0×. That places the current reading at the 62th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Bio-Techne's historical P/E ratio range?

Accepted Answer

In the available daily series, Bio-Techne (TECH) P/E ratio has ranged from a low of 19.1× in 2009 to a high of 157.2× in 2021. The 5-year average is 74.1× and the 5-year median is 71.1×.

Question 7

What was Bio-Techne's P/E ratio in 2025?

Accepted Answer

Bio-Techne (TECH) P/E ratio at the end of 2025 was 108.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Bio-Techne's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$7.97B	$73.40M	108.6×	+41.3×	Jun 30, 2025
2024	$11.30B	$168.10M	67.2×	+22.2×	Jun 30, 2024
2023	$12.86B	$285.26M	45.1×	-4.9×	Jun 30, 2023
2022	$13.59B	$272.05M	49.9×	-74.8×	Jun 30, 2022
2021	$17.52B	$140.41M	124.8×	+80.7×	Jun 30, 2021
2020	$10.12B	$229.30M	44.1×	-38.4×	Jun 30, 2020
2019	$7.93B	$96.07M	82.5×	+38.2×	Jun 30, 2019
2018	$5.56B	$125.35M	44.4×	-15.9×	Jun 30, 2018
2017	$4.39B	$72.80M	60.3×	+20.1×	Jun 30, 2017
2016	$4.20B	$104.47M	40.2×	+6.2×	Jun 30, 2016
2015	$3.66B	$107.73M	34.0×	+3.1×	Jun 30, 2015
2014	$3.42B	$110.95M	30.9×	+8.1×	Jun 30, 2014
2013	$2.57B	$112.56M	22.8×	-1.5×	Jun 30, 2013
2012	$2.73B	$112.33M	24.3×	-3.2×	Jun 30, 2012
2011	$3.09B	$112.30M	27.5×	+8.2×	Jun 30, 2011
2010	$2.13B	$109.78M	19.4×	-3.2×	Jun 30, 2010
2009	$2.38B	$105.24M	22.6×	-6.3×	Jun 30, 2009
2008	$2.99B	$103.56M	28.9×	+2.3×	Jun 30, 2008
2007	$2.26B	$85.11M	26.5×	-0.8×	Jun 30, 2007
2006	$2.01B	$73.35M	27.3×	+0.4×	Jun 30, 2006
2005	$1.78B	$66.13M	26.9×	-6.9×	Jun 30, 2005
2004	$1.79B	$52.93M	33.8×	+6.4×	Jun 30, 2004
2003	$1.24B	$45.40M	27.4×	-15.0×	Jun 30, 2003
2002	$1.15B	$27.13M	42.4×	—	Jun 30, 2002


Medtronic (MDT)	22.2×
McKesson (MCK)	22.2×
Illumina (ILMN)	21.7×
ResMed (RMD)	21.6×
GE HealthCare (GEHC)	21.6×
Pfizer (PFE)	21.1×
Quest Diagnostics (DGX)	21.1×
Henry Schein (HSIC)	21.0×
AptarGroup (ATR)	20.9×
IQVIA (IQV)	20.7×
UnitedHealth Group (UNH)	20.4×
Biogen (BIIB)	19.7×
Zoetis (ZTS)	18.9×
Gilead Sciences (GILD)	18.8×
Humana (HUM)	18.5×
Regeneron Pharmaceuticals (REGN)	18.2×
Bristol-Myers Squibb (BMY)	17.0×
HCA Healthcare (HCA)	15.8×
DaVita (DVA)	13.3×
Incyte (INCY)	13.1×
Elevance Health (ELV)	12.3×
Cigna (CI)	11.1×
Novo Nordisk (NVO)	8.6×
Solventum (SOLV)	7.9×
Universal Health Services (UHS)	7.2×

P/E Ratio for Bio-Techne (TECH)

P/E Ratio daily chart for Bio-Techne (TECH)

Historical P/E Ratio for Bio-Techne (TECH) from 2002 to 2025

About P/E Ratio at Bio-Techne (TECH)

Bio-Techne P/E Ratio by Year

Bio-Techne P/E Ratio 2025: 108.6×

Bio-Techne P/E Ratio 2024: 67.2×

Bio-Techne P/E Ratio 2023: 45.1×

Bio-Techne P/E Ratio 2022: 49.9×

Bio-Techne P/E Ratio 2021: 124.8×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Bio-Techne (TECH) Key Financials

P/E Ratio daily chart for Bio-Techne (TECH)

Historical P/E Ratio for Bio-Techne (TECH) from 2002 to 2025

About P/E Ratio at Bio-Techne (TECH)

Bio-Techne P/E Ratio by Year

Bio-Techne P/E Ratio 2025: 108.6×

Bio-Techne P/E Ratio 2024: 67.2×

Bio-Techne P/E Ratio 2023: 45.1×

Bio-Techne P/E Ratio 2022: 49.9×

Bio-Techne P/E Ratio 2021: 124.8×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

+What is Bio-Techne's P/E ratio?

+How is the P/E ratio calculated?

+What is the P/E ratio?

+What is a good P/E ratio for Bio-Techne?

+Is Bio-Techne's P/E ratio high or low?

+What is Bio-Techne's historical P/E ratio range?

+What was Bio-Techne's P/E ratio in 2025?

+Why does Bio-Techne's P/E ratio change over time?

Bio-Techne (TECH) Key Financials