Bio-Rad Laboratories, Inc.

NYSE:BIO Stock Report

Market Cap: US$9.1b

Bio-Rad Laboratories Valuation

Is BIO undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of BIO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: BIO ($325.58) is trading above our estimate of fair value ($323.21)

Significantly Below Fair Value: BIO is trading above our estimate of fair value.


Key Valuation Metric

Which metric is best to use when looking at relative valuation for BIO?

Key metric: As BIO is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for BIO. This is calculated by dividing BIO's market cap by their current revenue.
What is BIO's PS Ratio?
PS Ratio3.5x
SalesUS$2.58b
Market CapUS$9.12b

Price to Sales Ratio vs Peers

How does BIO's PS Ratio compare to its peers?

The above table shows the PS ratio for BIO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average7.4x
QGEN Qiagen
4.8x7.4%US$9.4b
RGEN Repligen
12.5x12.9%US$7.8b
CRL Charles River Laboratories International
2.4x4.4%US$9.6b
TECH Bio-Techne
9.6x8.8%US$10.9b
BIO Bio-Rad Laboratories
3.5x3.7%US$9.1b

Price-To-Sales vs Peers: BIO is good value based on its Price-To-Sales Ratio (3.5x) compared to the peer average (7.4x).


Price to Sales Ratio vs Industry

How does BIO's PS Ratio compare vs other companies in the US Life Sciences Industry?

10 CompaniesPrice / SalesEstimated GrowthMarket Cap
FTRE Fortrea Holdings
0.6x2.4%US$1.72b
ATLN Atlantic International
0.6xn/aUS$260.76m
NOTV Inotiv
0.2x7.5%US$83.47m
SNCE Science 37 Holdings
0.6x17.5%US$34.67m
BIO 3.5xIndustry Avg. 3.1xNo. of Companies11PS02.85.68.411.214+
10 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: BIO is expensive based on its Price-To-Sales Ratio (3.5x) compared to the US Life Sciences industry average (3.2x).


Price to Sales Ratio vs Fair Ratio

What is BIO's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BIO PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio3.5x
Fair PS Ratio4x

Price-To-Sales vs Fair Ratio: BIO is good value based on its Price-To-Sales Ratio (3.5x) compared to the estimated Fair Price-To-Sales Ratio (4x).


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst BIO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$325.58
US$402.33
+23.6%
13.3%US$469.00US$315.00n/a6
Nov ’25US$368.42
US$399.00
+8.3%
14.1%US$469.00US$315.00n/a6
Oct ’25US$337.69
US$388.50
+15.0%
12.0%US$446.00US$315.00n/a6
Sep ’25US$337.32
US$372.67
+10.5%
10.8%US$430.00US$315.00n/a6
Aug ’25US$341.25
US$366.40
+7.4%
13.8%US$430.00US$300.00n/a5
Jul ’25US$263.97
US$366.40
+38.8%
13.8%US$430.00US$300.00n/a5
Jun ’25US$286.86
US$393.80
+37.3%
12.8%US$440.00US$300.00n/a5
May ’25US$274.06
US$419.90
+53.2%
6.2%US$441.00US$365.00n/a6
Apr ’25US$338.98
US$435.73
+28.5%
5.6%US$480.00US$400.00n/a6
Mar ’25US$332.30
US$435.73
+31.1%
5.6%US$480.00US$400.00n/a6
Feb ’25US$328.96
US$432.60
+31.5%
6.8%US$484.00US$395.00n/a6
Jan ’25US$322.89
US$436.67
+35.2%
7.2%US$484.00US$395.00n/a6
Dec ’24US$307.00
US$444.60
+44.8%
6.1%US$482.00US$400.00n/a5
Nov ’24US$277.50
US$444.60
+60.2%
6.1%US$482.00US$400.00US$368.425
Oct ’24US$358.45
US$530.25
+47.9%
3.4%US$560.00US$511.00US$337.694
Sep ’24US$394.60
US$534.20
+35.4%
3.4%US$560.00US$511.00US$337.325
Aug ’24US$407.31
US$556.40
+36.6%
5.8%US$605.00US$522.00US$341.255
Jul ’24US$379.12
US$559.20
+47.5%
5.3%US$605.00US$525.00US$263.975
Jun ’24US$371.36
US$561.50
+51.2%
5.8%US$605.00US$525.00US$286.864
May ’24US$453.91
US$606.75
+33.7%
7.9%US$680.00US$550.00US$274.064
Apr ’24US$479.02
US$606.00
+26.5%
8.0%US$680.00US$550.00US$338.984
Mar ’24US$475.41
US$606.00
+27.5%
8.0%US$680.00US$550.00US$332.304
Feb ’24US$473.42
US$590.25
+24.7%
5.7%US$640.00US$550.00US$328.964
Jan ’24US$420.49
US$588.75
+40.0%
5.9%US$640.00US$550.00US$322.894
Dec ’23US$418.04
US$596.67
+42.7%
6.2%US$640.00US$550.00US$307.003
Nov ’23US$358.35
US$596.67
+66.5%
6.2%US$640.00US$550.00US$277.503

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


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