Charles River Laboratories

NYSE CRL

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Charles River Laboratories Price to Earnings Ratio (P/E) on June 03, 2024: 58.08

Charles River Laboratories Price to Earnings Ratio (P/E) is 58.08 on June 03, 2024, a 183.35% change year over year. The price to earnings ratio (P/E ratio) compares the market price per share of a company's stock to its earnings per share (EPS). It is calculated by dividing the market capitalization by the net income, divided by the number of outstanding shares. This ratio provides insights into the market's valuation of a company's earnings. A higher P/E ratio indicates that investors are willing to pay a higher price for each unit of earnings, suggesting higher market expectations for future earnings growth.
  • Charles River Laboratories 52-week high Price to Earnings Ratio (P/E) is 65.80 on May 07, 2024, which is 13.29% above the current Price to Earnings Ratio (P/E).
  • Charles River Laboratories 52-week low Price to Earnings Ratio (P/E) is 17.74 on October 30, 2023, which is -69.46% below the current Price to Earnings Ratio (P/E).
  • Charles River Laboratories average Price to Earnings Ratio (P/E) for the last 52 weeks is 30.35.
NYSE: CRL

Charles River Laboratories

CEO Mr. James C. Foster J.D.
IPO Date June 23, 2000
Location United States
Headquarters 251 Ballardvale Street, Wilmington, MA, United States, 01887
Employees 20,400
Sector Healthcare
Industry Diagnostics & research
Description

Charles River Laboratories International, Inc. provides drug discovery, non-clinical development, and safety testing services in the United States, Europe, Canada, the Asia Pacific, and internationally. It operates through three segments: Research Models and Services (RMS), Discovery and Safety Assessment (DSA), and Manufacturing Solutions (Manufacturing). The RMS segment produces and sells rodents, and purpose-bred rats and mice for use by researchers. This segment also provides a range of services to assist its clients in supporting the use of research models in research and screening pre-clinical drug candidates, including research models, genetically engineered models and services, insourcing solutions, and research animal diagnostic services. The DSA segment offers early and in vivo discovery services for the identification and validation of novel targets, chemical compounds, and antibodies through delivery of preclinical drug and therapeutic candidates ready for safety assessment; and safety assessment services, such as toxicology, pathology, safety pharmacology, bioanalysis, drug metabolism, and pharmacokinetics services. The Manufacturing segment provides in vitro methods for conventional and rapid quality control testing of sterile and non-sterile pharmaceuticals and consumer products. This segment also offers specialized testing of biologics that are outsourced by pharmaceutical and biotechnology companies. It also provides contract vivarium operation services to biopharmaceutical clients. The company was founded in 1947 and is headquartered in Wilmington, Massachusetts.

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StockViz Staff

September 16, 2024

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