Biogen (BIIB) fundamentals: P/E, valuation, undervalued?

Biogen · Health Care · ref. ETF XLV · price $221.5
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In short — Biogen trades at 39.2× earnings (P/E), 13.4× forward, with a net margin of 8.3 % and revenue growth of +3 %. Read: High P/E (P/E 39 (above average)).

Is Biogen stock cheap or undervalued? A good time to buy? Here are its fundamentals — P/E, PEG, margin and income statement — to judge its valuation.

📈 1-year price
$221.5+67.0% over range
Aug 28, 25low $132.22 · high $221.56Aug 27, 26
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SellBuy
Buy
68% recommend buying · 19 analysts
Valuation : High P/E — P/E 39 (above average)

Valuation

39.2
P/E (price/earnings)
13.4
Forward P/E
PEG
1.7
Price/book (P/B)
$32.7B
Market cap
5.65
EPS

Profitability & growth

8.3 %
Net margin
+3 %
Revenue growth
-85 %
Earnings growth
$8.4B
Total debt

Biogen income statement

Fiscal yearRevenueNet incomeMargin
2022$10.2B$3.0B29.9 %
2023$9.8B$1.2B11.8 %
2024$9.7B$1.6B16.9 %
2025$9.9B$1.3B13.1 %
⚠️ Indicative financial data (Yahoo Finance), not investment advice. Amounts in $.

Frequently asked questions

What is Biogen's P/E and is the stock undervalued? What's a good P/E?

Biogen's P/E is 39.2 (forward 13.4). Below ~15 = fairly cheap, above ~30 = expensive. Our valuation verdict: "High P/E".

Is Biogen profitable?

Biogen has a net margin of 8.3 % (EPS 5.65). The company is profitable.

Is BIIB stock expensive?

Our read: "High P/E" — P/E 39 (above average). Cross-check with growth and sector.

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