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BIIB Biogen PE ratio, current and historical analysis

The current PE ratio for Biogen stock as of Dec 5, 2024 is 14.33. This is calculated based on the current EPS of $11.11 and the stock price of $159.26 per share. The P/E ratio has a decrease of 46% from the past four quarters average of 26.4.

BIIB PE ratio history

How has BIIB's PE ratio performed in the past

The average historical PE ratio of Biogen for the last ten years is 18.31. The current PE ratio of 14.33 is 22% below the historical average. Over the past ten years, BIIB's PE ratio was at its highest in the Dec 2023 quarter at 32.27, when the stock price was $258.77 and the EPS was $8.02. The lowest value was in the Jun 2020 quarter, when it reached 7.83 with a price of $267.55 and an EPS of $34.19.

Average
18.31
Median
17.56
Minimum
7.83
Maximum
32.27

Biogen PE ratio by year

Maximum annual increase: 144.28% in 2023

Maximum annual decrease: -47.86% in 2018

Year PE ratio Change
2023 32.27 144.28%
2022 13.21 -42.52%
2021 22.98 133.3%
2020 9.85 4.45%
2019 9.43 -32.21%
2018 13.91 -47.86%
2017 26.68 59.57%
2016 16.72 -16.06%
2015 19.92 -27.11%
2014 27.33 -23.17%

BIIB average PE ratio chart

What is the average PE ratio of BIIB for the past years

BIIB's current P/E ratio is below the 3, 5 and 10-year averages.

3-year avg
20.42
5-year avg
17.99
10-year avg
18.31
15-year avg
20.44

BIIB PE vs peers

What is BIIB's PE ratio compared to its peers

Compared to its peer stocks JNJ and ABBV, BIIB's PE ratio stands lower. Biogen's PE ratio is trading below the peer group average of 38.64.

Stock name PE ratio Market cap
BIIB Biogen Inc 14.2 $22.99B
JNJ Johnson & Johnson 24.76 $359.48B
PFE Pfizer Inc 33.86 $145.81B
AMGN Amgen Inc 34.55 $146.52B
ABBV AbbVie Inc 61.18 $311.35B
QGEN Qiagen NV 117.35 $9.72B
GILD Gilead Sciences Inc 921.3 $114.82B
BIO Bio-Rad Laboratories Inc N/A $9.11B
ILMN Illumina Inc N/A $22.38B
SGMO Sangamo Therapeutics Inc N/A $419.38M

Frequently asked questions

What is Biogen's PE ratio?

The price to earnings ratio for BIIB stock as of Dec 5, 2024, stands at 14.33.

What is the 3-year average PE ratio for Biogen (BIIB)?

As an average over the last 3 years, BIIB stock has a PE ratio of 20.42.

What is the 5-year average PE ratio for Biogen (BIIB)?

As an average over the last 5 years, BIIB stock has a PE ratio of 17.99.

What is the highest PE ratio for BIIB?

The highest quarterly PE ratio in the last ten years has been 32.27 and it was in the Dec 2023 quarter.

How does the current PE ratio for BIIB compare to its historical average?

The current price to earnings ratio of BIIB is 22% lower than the 10-year historical average.

How is BIIB's PE ratio calculated (Biogen PE ratio formula)?

The PE ratio is calculated by taking the latest stock price and dividing it by the EPS for the last 12 months. As of today (Dec 5, 2024), Biogen's stock price is $159.26. The earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $11.11. Therefore, Biogen's P/E ratio for today is 14.33. PE RATIO(14.33) = STOCK PRICE($159.26) / TTM EPS($11.11)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from and Sharadar.