Biogen Inc.BIIB

Where BIIB's P/E ratio sits inside its own 10-year distribution, with the yearly high, low and average.

$249.65+5.60 (+2.29%)Previous close
NASDAQHealthcare

BIIB P/E ratio: current value, 10-year range and year-by-year history

1.7Near historic low

BIIB's p/e ratio is lower than 95% of the last 10 years.

P/E ratio History

Historically priceyAbove avgAround avgBelow avgHistorically cheap
BIIB P/E ratio historyBIIB P/E ratio from Oct 2023 to Oct 2026: low 1.45, high 40.48, latest 1.66.-1.679.6520.9632.2843.6Oct 23Jun 24Jan 25Aug 25Apr 26Oct 26med 20.27

BIIB P/E ratio by year

Yearly range of BIIB’s p/e ratio from 2016 to 2026. Over the full period it ranged from 1.5 to 40.5, averaging 17.5.

BIIB P/E ratio — yearly low, average, high and year-end values
YearLowAverageHighYear-end
20261.523.840.51.7
202511.213.219.919.9
202413.224.433.513.7
202312.316.526.625.7
202212.917.823.514.1
20219.919.829.623.1
20207.88.911.810.0
20197.810.715.79.4
201813.922.730.913.9
201715.518.121.619.5
201615.516.718.316.0

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How much the market pays for each dollar of annual profit. P/E = Stock Price / EPS. The raw number means little — what matters is whether it's high or low relative to the company's own history.

FormulaPrice / Earnings Per Share
Full guide
How to read this chart

The chart shows five color-coded historical zones: green (below 10th percentile) means historically very cheap, fading through lime and gray (the normal 25th–75th range) to orange and red (historically expensive). When the line sits in a green or lime zone, the stock is trading at an unusually low P/E relative to its own history.

Key caveats
  • Cyclical businesses look cheapest on P/E at peak earnings — the "earnings trap." Use EV/EBITDA or normalised earnings for energy, materials, and financials.
  • A falling P/E trend may signal a business in structural decline, not a buying opportunity.

Is BIIB P/E ratio High or Low Right Now?

Biogen Inc.'s P/E ratio is currently 1.7, which is near historic low relative to its 10-year historical range. The 10-year median P/E ratio for BIIB is approximately 16.2. See all BIIB valuation metrics →

Pro — up to 30-year history

Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.