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Biogen Shiller PE Ratio

: 23.82 (As of Today)
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As of today (2020-02-16), Biogen's current share price is $333.00. Biogen's E10 for the quarter that ended in Dec. 2019 was $13.98. Biogen's Shiller PE Ratio for today is 23.82.

NAS:BIIB' s Shiller PE Ratio Range Over the Past 10 Years
Min: 16.55   Max: 111.21
Current: 23.82
16.55
111.21

During the past years, Biogen's highest Shiller PE Ratio was 111.21. The lowest was 16.55. And the median was 58.86.

NAS:BIIB's Shiller PE Ratio is ranked higher than
59% of the 303 Companies
in the Drug Manufacturers industry.

( Industry Median: 27.33 vs. NAS:BIIB: 23.82 )

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Biogen's adjusted earnings per share data for the three months ended in Dec. 2019 was $8.080. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $13.98 for the trailing ten years ended in Dec. 2019.

Biogen Shiller PE Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Biogen Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.64 33.56 35.50 27.34 21.23

Biogen Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
Shiller PE Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 27.34 20.16 18.60 17.51 21.23
Competitive Comparison
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap.

Biogen Shiller PE Ratio Distribution

* The bar in red indicates where Biogen's Shiller PE Ratio falls into.


Biogen Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Biogen's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=333.00/13.98
=23.82

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Biogen's E10 for the quarter that ended in Dec. 2019 is calculated as:

For example, Biogen's adjusted earnings per share data for the three months ended in Dec. 2019 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2019 (Change)*Current CPI (Dec. 2019)
=8.08/257.14*257.14
=8.080

Current CPI (Dec. 2019) = 257.14.

Biogen Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201003 0.800 217.630 0.945
201006 1.120 217.970 1.321
201009 1.050 218.440 1.236
201012 0.990 219.180 1.161
201103 1.200 223.470 1.381
201106 1.180 225.720 1.344
201109 1.430 226.890 1.621
201112 1.220 225.670 1.390
201203 1.250 229.390 1.401
201206 1.610 229.480 1.804
201209 1.670 231.410 1.856
201212 1.230 229.600 1.378
201303 1.790 232.770 1.977
201306 2.060 233.500 2.269
201309 2.050 234.150 2.251
201312 1.920 233.050 2.118
201403 2.020 236.290 2.198
201406 3.010 238.340 3.247
201409 3.620 238.030 3.911
201412 3.740 234.810 4.096
201503 3.490 236.120 3.801
201506 3.930 238.640 4.235
201509 4.150 237.940 4.485
201512 3.770 236.530 4.098
201603 4.430 238.130 4.784
201606 4.790 241.020 5.110
201609 4.710 241.430 5.016
201612 2.990 241.430 3.185
201703 3.460 243.800 3.649
201706 4.070 244.960 4.272
201709 5.790 246.820 6.032
201712 -1.410 246.520 -1.471
201803 5.540 249.550 5.708
201806 4.180 251.990 4.265
201809 7.150 252.440 7.283
201812 4.730 251.230 4.841
201903 7.150 254.200 7.233
201906 7.850 256.140 7.881
201909 8.390 256.760 8.402
201912 8.080 257.140 8.080

Add all the adjusted EPS together and divide 10 will get our E10.

Biogen  (NAS:BIIB) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.

Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.

Biogen Shiller PE Ratio Related Terms

Biogen Shiller PE Ratio Headlines

From the Internet

BIIB
Better Buy: Biogen vs. Bristol-Myers Squibb

- Fool 2020-02-16 07:31:00

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