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BIIB Biogen PE ratio, current and historical analysis

The current PE ratio for Biogen stock as of Jun 14, 2024 is 28.78. This is calculated based on the current EPS of $8.05 and the stock price of $231.69 per share. The P/E ratio has increased by 15% from the past four quarters average of 24.9.

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 18.8. The current PE ratio of 28.78 is 53% above the historical average. Over the past ten years, BIIB's PE ratio was at its highest in the Jun 2014 quarter at 34.88, when the stock price was $315.31 and the EPS was $9.04. 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
18.8
Median
17.72
Minimum
7.83
Maximum
34.88

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 above the 3, 5 and 10-year historical averages.

3-year avg
21.05
5-year avg
16.51
10-year avg
18.8
15-year avg
20.22

BIIB PE vs peers

What is BIIB's PE ratio compared to its peers

Compared to its peers ABBV and AMGN, BIIB's PE ratio stands lower, however it is higher than JNJ's. Biogen's PE ratio is trading below the peer group average of 32.7.

Stock name PE ratio Market cap
JNJ Johnson & Johnson 9.54 $350.27B
BIIB Biogen Inc 28.78 $33.73B
QGEN Qiagen NV 28.8 $9.48B
AMGN Amgen Inc 42.42 $160.19B
ABBV AbbVie Inc 50.03 $297.71B
GILD Gilead Sciences Inc 162.65 $81.06B
PFE Pfizer Inc N/A $156B
BIO Bio-Rad Laboratories Inc N/A $8.05B
ILMN Illumina Inc N/A $17.31B
SGMO Sangamo Therapeutics Inc N/A $103.76M

Frequently asked questions

What is Biogen's PE ratio?

The price to earnings ratio for BIIB stock as of Jun 14, 2024, stands at 28.78.

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 21.05.

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 16.51.

What is the highest PE ratio for BIIB?

The highest quarterly PE ratio in the last ten years has been 34.88 and it was in the Jun 2014 quarter.

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

The current price to earnings ratio of BIIB is 53% higher 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 (Jun 14, 2024), Biogen's stock price is $231.69. The earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $8.05. Therefore, Biogen's P/E ratio for today is 28.78. PE RATIO(28.78) = STOCK PRICE($231.69) / TTM EPS($8.05)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.