Bio-Techne (MEX:TECH) Cyclically Adjusted PB Ratio: 4.56 (As of Jul. 15, 2026) — 43% Below Median

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MEX:TECH Bio-Techne Corp MEX:TECH
83 GF Score
Price MXN1,090.00
GF Value MXN1,111.27
! 8 Warning Signs
View Full Analysis

What is Bio-Techne Cyclically Adjusted PB Ratio?

Bio-Techne MEX:TECH 83 Cyclically Adjusted PB Ratio is 4.56 as of Jul. 15, 2026, which is 43% below its 10-year median of 7.95. GuruFocus rates MEX:TECH with a GF Score™ of 83/100 and a GF Value™ of MXN1,111.27. The stock has 8 warning signs investors should review. Among 698 Biotechnology companies, Bio-Techne ranks worse than 81.23% on this metric.

As of today (2026-07-15), Bio-Techne's current share price is MXN1090.00. Bio-Techne's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was MXN238.82. Bio-Techne's Cyclically Adjusted PB Ratio for today is 4.56.

The historical rank and industry rank for Bio-Techne's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:TECH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.78   Med: 7.95   Max: 19.03
Current: 6.22

During the past years, Bio-Techne's highest Cyclically Adjusted PB Ratio was 19.03. The lowest was 3.78. And the median was 7.95.

MEX:TECH's Cyclically Adjusted PB Ratio is ranked worse than
81.23% of 698 companies
in the Biotechnology industry
Industry Median: 1.62 vs MEX:TECH: 6.22

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Bio-Techne's adjusted book value per share data for the three months ended in Mar. 2026 was MXN240.254. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is MXN238.82 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bio-Techne  (MEX:TECH) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Bio-Techne Cyclically Adjusted PB Ratio Related Terms


Bio-Techne Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for Bio-Techne's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bio-Techne Cyclically Adjusted PB Ratio Chart

Bio-Techne Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.91 10.46 8.97 7.18 4.76

Bio-Techne Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.53 4.76 5.06 5.30 4.56

MEX:TECH vs ARWR, CYTK, KRYS: Cyclically Adjusted PB Ratio Comparison

For the Biotechnology subindustry, Bio-Techne's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bio-Techne Cyclically Adjusted PB Ratio vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Bio-Techne's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bio-Techne's Cyclically Adjusted PB Ratio falls into.


MEX:TECH
83GF Score
Bio-Techne Corp MEX:TECH
Cyclically Adjusted PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bio-Techne Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Bio-Techne's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1090.00/238.82
=4.56

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bio-Techne's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 is calculated as:

For example, Bio-Techne's adjusted Book Value per Share data for the three months ended in Mar. 2026 was:

Adj_Book=Book Value per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=240.254/330.2130*330.2130
=240.254

Current CPI (Mar. 2026) = 330.2130.

Bio-Techne Quarterly Data

Book Value per Share CPI Adj_Book
201606 109.123 241.018 149.507
201609 116.034 241.428 158.705
201612 123.029 241.432 168.270
201703 114.479 243.801 155.055
201706 114.878 244.955 154.862
201709 116.406 246.819 155.737
201712 130.749 246.524 175.135
201803 128.023 249.554 169.402
201806 140.949 251.989 184.703
201809 137.242 252.439 179.525
201812 142.629 251.233 187.467
201903 147.007 254.202 190.965
201906 147.557 256.143 190.227
201909 152.173 256.759 195.707
201912 162.989 256.974 209.442
202003 198.556 258.115 254.018
202006 207.271 257.797 265.494
202009 205.921 260.280 261.249
202012 195.239 260.474 247.512
202103 202.476 264.877 252.420
202106 199.667 271.696 242.671
202109 214.579 274.310 258.309
202112 222.122 278.802 263.081
202203 217.345 287.504 249.632
202206 218.566 296.311 243.573
202209 224.463 296.808 249.726
202212 226.751 296.797 252.281
202303 216.485 301.836 236.838
202306 213.863 305.109 231.459
202309 219.750 307.789 235.760
202312 212.101 306.746 228.327
202403 212.188 312.332 224.336
202406 239.556 314.175 251.785
202409 265.050 315.301 277.585
202412 274.503 315.605 287.209
202503 263.364 319.799 271.940
202506 233.136 322.561 238.667
202509 231.535 324.800 235.394
202512 232.288 324.054 236.703
202603 240.254 330.213 240.254

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

What does a Cyclically Adjusted PB Ratio of 4.56 mean?
Bio-Techne (MEX:TECH) has a Cyclically Adjusted PB Ratio of 4.56 as of Jul. 15, 2026. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Bio-Techne and its competitors. This is 43% below median its historical median of 7.95. Over the past decade, Bio-Techne's Cyclically Adjusted PB Ratio has ranged from 3.78 to 19.03. According to the industry distribution chart, Bio-Techne ranks #567 out of 698 companies in the Biotechnology industry, placing it in the top 81.2%.
Is Bio-Techne's Cyclically Adjusted PB Ratio too high?
Bio-Techne's current Cyclically Adjusted PB Ratio of 4.56 is 43% below median its 10-year median of 7.95. Over the past 10 years, this metric has ranged from a low of 3.78 to a high of 19.03. The Biotechnology industry median Cyclically Adjusted PB Ratio is 1.62. Bio-Techne's value of 4.56 is 181.5% above this industry median. Based on the distribution chart, Bio-Techne ranks #567 out of 698 companies in the Biotechnology industry, which is in the bottom quartile relative to peers. Overall, Bio-Techne has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Bio-Techne's Cyclically Adjusted PB Ratio compare to ARWR and CYTK?
According to the Biotechnology industry distribution chart, Bio-Techne ranks #567 out of 698 companies for Cyclically Adjusted PB Ratio. This places Bio-Techne in the lower half of its industry. The industry median Cyclically Adjusted PB Ratio is 1.62. Bio-Techne's value of 4.56 is 181.5% above this benchmark. Historically, Bio-Techne's own Cyclically Adjusted PB Ratio has ranged from 3.78 to 19.03 over the past decade. While the company's 10-year median is 7.95 vs. the industry median of 1.62, Bio-Techne has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PB Ratio for a Biotechnology company?
The median Cyclically Adjusted PB Ratio among Biotechnology companies is 1.62, based on 698 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bio-Techne's current Cyclically Adjusted PB Ratio of 4.56 is 181.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PB Ratio mean?
A high Cyclically Adjusted PB Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PB Ratio is the ratio of share price to a company's inflation-adjusted book value per share over a 10-year period. View historical data on Bio-Techne and its competitors. For the Biotechnology industry, the median Cyclically Adjusted PB Ratio is 1.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bio-Techne's current Cyclically Adjusted PB Ratio is 4.56, which is 43% below median its own 10-year median of 7.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bio-Techne stock overvalued right now?
Bio-Techne (MEX:TECH) has a current Cyclically Adjusted PB Ratio of 4.56. The stock's GF Value™ is MXN1,111.27, compared to a current price of MXN1,090.00 — trading 1.9% below its estimated fair value. The current Cyclically Adjusted PB Ratio is 4.56, which is 43% below median its 10-year median of 7.95 and 181.5% above the Biotechnology industry median of 1.62. Bio-Techne's overall GF Score™ is 83/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PB Ratio calculated?
Cyclically Adjusted PB Ratio is calculated from a company's financial statements. For Bio-Techne (MEX:TECH), the current Cyclically Adjusted PB Ratio is 4.56 as of Jul. 15, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bio-Techne (MEX:TECH) Overvalued in 2026?

Based on GuruFocus' analysis, Bio-Techne stock appears to be undervalued. The current stock price of MXN1,090.00 is trading 1.9% below its estimated GF Value™ of MXN1,111.27.

Key valuation signals for MEX:TECH:

  • Cyclically Adjusted PB Ratio: 4.56 (43% below median its 10-year median of 7.95)
  • GF Value™: MXN1,111.27 vs. price of MXN1,090.00 (1.9% below fair value)
  • GF Score™: 83/100 with 8 warning signs
  • Industry Position: 181.5% above the Biotechnology median (#567 of 698)

No single metric tells the full story. See the MEX:TECH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bio-Techne Business Description

Address 614 McKinley Place N.E., Minneapolis, MN, USA, 55413
Based in Minnesota, Bio-Techne is a life sciences manufacturer supplying consumables and instruments for the pharma, biotech, academic, and diagnostic markets. It reports in two segments: protein sciences (about 75% of revenue) and diagnostics and genomics (25%). The protein sciences segment sells reagents and analytical instruments used in life sciences research, including antibodies used in protein analysis. The diagnostics and genomics segment sells diagnostic reagents, molecular diagnostics, and spatial biology products. The United States accounts for about 55% of revenue. The firm also has operations in Europe, the Middle East, and Africa (20% of sales), the UK (5%), and Asia-Pacific (15%), with the rest of the world accounting for the remaining 5%.
83GF Score

Get the complete analysis for MEX:TECH

Cyclically Adjusted PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,090.00
Price
MXN1,111.27
GF Value