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Biogen (MEX:BIIB) Cyclically Adjusted PS Ratio : 1.48 (As of Jun. 03, 2025)


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What is Biogen Cyclically Adjusted PS Ratio?

As of today (2025-06-03), Biogen's current share price is MXN2445.00. Biogen's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 was MXN1,651.62. Biogen's Cyclically Adjusted PS Ratio for today is 1.48.

The historical rank and industry rank for Biogen's Cyclically Adjusted PS Ratio or its related term are showing as below:

MEX:BIIB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 1.45   Med: 5.59   Max: 18.51
Current: 1.64

During the past years, Biogen's highest Cyclically Adjusted PS Ratio was 18.51. The lowest was 1.45. And the median was 5.59.

MEX:BIIB's Cyclically Adjusted PS Ratio is ranked better than
60.43% of 738 companies
in the Drug Manufacturers industry
Industry Median: 2.13 vs MEX:BIIB: 1.64

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Biogen's adjusted revenue per share data for the three months ended in Mar. 2025 was MXN339.249. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is MXN1,651.62 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Biogen Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Biogen's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Biogen Cyclically Adjusted PS Ratio Chart

Biogen Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.63 3.91 4.00 3.47 1.96

Biogen Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial 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 2.82 3.00 2.49 1.96 1.73

Competitive Comparison of Biogen's Cyclically Adjusted PS Ratio

For the Drug Manufacturers - General subindustry, Biogen's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* 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. Note that "N/A" values will not show up in the chart.


Biogen's Cyclically Adjusted PS Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Biogen's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Biogen's Cyclically Adjusted PS Ratio falls into.


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Biogen Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

Biogen's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=2445.00/1651.62
=1.48

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Biogen's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Biogen's adjusted Revenue per Share data for the three months ended in Mar. 2025 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=339.249/134.9266*134.9266
=339.249

Current CPI (Mar. 2025) = 134.9266.

Biogen Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201506 172.526 100.684 231.202
201509 201.810 100.392 271.233
201512 221.213 99.792 299.096
201603 214.041 100.470 287.446
201606 243.956 101.688 323.697
201609 260.492 101.861 345.052
201612 272.866 101.863 361.436
201703 245.126 102.862 321.537
201706 262.230 103.349 342.352
201709 263.720 104.136 341.697
201712 306.213 104.011 397.230
201803 268.704 105.290 344.339
201806 318.155 106.317 403.770
201809 318.606 106.507 403.622
201812 345.849 105.998 440.237
201903 343.630 107.251 432.304
201906 364.878 108.070 455.556
201909 385.848 108.329 480.582
201912 388.774 108.420 483.821
202003 478.754 108.902 593.166
202006 528.148 108.767 655.171
202009 474.437 109.815 582.928
202012 368.228 109.897 452.095
202103 361.576 111.754 436.549
202106 368.016 114.631 433.172
202109 384.520 115.734 448.285
202112 380.211 117.630 436.120
202203 341.536 121.301 379.900
202206 356.276 125.017 384.517
202209 348.470 125.227 375.463
202212 341.113 125.222 367.550
202303 305.755 127.348 323.951
202306 289.384 128.729 303.317
202309 304.386 129.860 316.263
202312 277.626 129.419 289.440
202403 260.546 131.776 266.775
202406 309.508 132.554 315.048
202409 332.323 133.029 337.064
202412 350.888 133.157 355.551
202503 339.249 134.927 339.249

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Biogen  (MEX:BIIB) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


Biogen Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of Biogen's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Biogen Business Description

Industry
Address
225 Binney Street, Cambridge, MA, USA, 02142
Biogen and Idec merged in 2003, combining forces to market Biogen's multiple sclerosis drug Avonex and Idec's cancer drug Rituxan. Today, Rituxan and next-generation antibody Gazyva (oncology) and Ocrevus (multiple sclerosis) are marketed via a collaboration with Roche. Biogen markets several multiple sclerosis drugs including Plegridy, Tysabri, Tecfidera, and Vumerity. Biogen's newer products include Spinraza (SMA, with partner Ionis), Leqembi (Alzheimers, with partner Eisai), Skyclarys (Friedreich's Ataxia, Reata), Zurzuvae (postpartum depression, Sage), and Qalsody (ALS, Ionis). Biogen has several drug candidates in phase 3 trials in neurology, immunology, and rare diseases.