Biogen Return On Asset vs. Price To Book

BIIB Stock  USD 174.63  3.19  1.79%   
Considering Biogen's profitability and operating efficiency indicators, Biogen Inc is performing exceptionally good at this time. It has a great odds to showcase excellent profitability results in February. Profitability indicators assess Biogen's ability to earn profits and add value for shareholders. At present, Biogen's Days Sales Outstanding is projected to increase significantly based on the last few years of reporting. The current year's Days Of Sales Outstanding is expected to grow to 86.37, whereas Price To Sales Ratio is forecasted to decline to 2.52. At present, Biogen's Income Tax Expense is projected to decrease significantly based on the last few years of reporting. The current year's Net Income From Continuing Ops is expected to grow to about 2.8 B, whereas Accumulated Other Comprehensive Income is projected to grow to (116.5 M). At present, Biogen's Gross Profit is projected to increase significantly based on the last few years of reporting. The current year's Pretax Profit Margin is expected to grow to 0.19, whereas Gross Profit Margin is forecasted to decline to 0.50.
Current ValueLast YearChange From Last Year 10 Year Trend
Gross Profit Margin0.50.69
Way Down
Slightly volatile
For Biogen profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Biogen to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Biogen Inc utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Biogen's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Biogen Inc over time as well as its relative position and ranking within its peers.

Biogen's Revenue Breakdown by Earning Segment

Check out Trending Equities.
The next projected EPS of Biogen is estimated to be 3.54 with future projections ranging from a low of 2.83 to a high of 4.15. Biogen's most recent 12-month trailing earnings per share (EPS TTM) is at 10.77. Please be aware that the consensus of earnings estimates for Biogen Inc is based on EPS before non-recurring items and includes expenses related to employee stock options.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Biogen is projected to generate 3.54 in earnings per share on the 31st of March 2026. Biogen earnings estimates show analyst consensus about projected Biogen Inc EPS (Earning Per Share). It derives the highest and the lowest estimates based on Biogen's historical volatility. Many public companies, such as Biogen, manage the perception of their earnings on a regular basis to make sure that analyst estimates are accurate. Future earnings calculations are also an essential input when attempting to value a firm.

Biogen Revenue Breakdown by Earning Segment

By analyzing Biogen's earnings estimates, investors can diagnose different trends across Biogen's analyst sentiment over time as well as compare current estimates against different timeframes.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Biogen. If investors know Biogen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Biogen listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.192
Earnings Share
10.77
Revenue Per Share
68.815
Quarterly Revenue Growth
0.028
Return On Assets
0.0575
The market value of Biogen Inc is measured differently than its book value, which is the value of Biogen that is recorded on the company's balance sheet. Investors also form their own opinion of Biogen's value that differs from its market value or its book value, called intrinsic value, which is Biogen's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Biogen's market value can be influenced by many factors that don't directly affect Biogen's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Biogen's value and its price as these two are different measures arrived at by different means. Investors typically determine if Biogen is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Biogen's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Biogen Inc Price To Book vs. Return On Asset Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Biogen's current stock value. Our valuation model uses many indicators to compare Biogen value to that of its competitors to determine the firm's financial worth.
Biogen Inc is rated below average in return on asset category among its peers. It is rated below average in price to book category among its peers fabricating about  24.92  of Price To Book per Return On Asset. As of January 6, 2026, Price To Book Ratio is expected to decline to 1.46. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Biogen's earnings, one of the primary drivers of an investment's value.

Biogen's Earnings Breakdown by Geography

Biogen Price To Book vs. Return On Asset

Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.

Biogen

Return On Asset

 = 

Net Income

Total Assets

 = 
0.0575
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is the accounting value of assets minus liabilities.

Biogen

P/B

 = 

MV Per Share

BV Per Share

 = 
1.43 X
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.

Biogen Price To Book Comparison

Biogen is currently under evaluation in price to book category among its peers.

Biogen Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Biogen, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Biogen will eventually generate negative long term returns. The profitability progress is the general direction of Biogen's change in net profit over the period of time. It can combine multiple indicators of Biogen, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Last ReportedProjected for Next Year
Accumulated Other Comprehensive Income-122.6 M-116.5 M
Operating Income2.9 B1.6 B
Income Before Tax2.2 B1.6 B
Total Other Income Expense Net-525.9 M-499.6 M
Net Income1.9 B1.3 B
Income Tax Expense314.9 M395.2 M
Net Income Applicable To Common Shares3.5 BB
Net Income From Continuing Ops1.9 B2.8 B
Non Operating Income Net Other706.7 M742 M
Interest Income77.7 M106.2 M
Net Interest Income-210.1 M-220.6 M
Change To Netincome-1.3 B-1.3 B
Net Income Per Share 10.08  10.59 
Income Quality 1.59  1.55 
Net Income Per E B T 0.98  0.92 

Biogen Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Biogen. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Biogen position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Biogen's important profitability drivers and their relationship over time.

Biogen Earnings Estimation Breakdown

The calculation of Biogen's earning per share is based on the data from the past 12 consecutive months, used for reporting the company's financial figures. The next projected EPS of Biogen is estimated to be 3.54 with the future projection ranging from a low of 2.83 to a high of 4.15. Please be aware that this consensus of annual earnings estimates for Biogen Inc is based on EPS before non-recurring items and includes expenses related to employee stock options.
Last Reported EPS
0.0
2.83
Lowest
Expected EPS
3.54
4.15
Highest

Biogen Earnings Projection Consensus

Suppose the current estimates of Biogen's value are higher than the current market price of the Biogen stock. In this case, investors may conclude that Biogen is overpriced and will exhibit bullish sentiment. On the other hand, if the present value is lower than the stock price, analysts may conclude that the market undervalues the equity. These scenarios may suggest that the market is not as efficient as it should be at the estimation time, and Biogen's stock will quickly adjusts to the new information provided by the consensus estimate.
Number of AnalystsHistorical AccuracyLast Reported EPSEstimated EPS for 31st of March 2026Current EPS (TTM)
3585.82%
0.0
3.54
10.77

Biogen Earnings per Share Projection vs Actual

Actual Earning per Share of Biogen refers to what the company shows during its earnings calls or quarterly reports. The Expected EPS is what analysts covering Biogen Inc predict the company's earnings will be in the future. The higher the earnings per share of Biogen, the better is its profitability. While calculating the Earning per Share, we use the weighted ratio, as the number of shares outstanding can change over time.

Biogen Estimated Months Earnings per Share

For an investor who is primarily interested in generating an income out of investing in entities such as Biogen, the EPS ratio can tell if the company is intending to increase its current dividend. Although EPS is an essential tool for investors, it should not be used in isolation. EPS of Biogen should always be considered in relation to other companies to make a more educated investment decision.

Biogen Quarterly Analyst Estimates and Surprise Metrics

Earnings surprises can significantly impact Biogen's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
null
nullnullnullnull
2025-10-29
2025-09-303.854.810.9624 
2025-07-31
2025-06-303.885.471.5940 
2025-05-01
2025-03-312.953.020.07
2025-02-12
2024-12-313.363.440.08
2024-10-30
2024-09-303.794.080.29
2024-08-01
2024-06-304.035.281.2531 
2024-04-24
2024-03-313.453.670.22
2024-02-13
2023-12-313.183.30.12
2023-11-08
2023-09-303.974.360.39
2023-07-25
2023-06-303.774.020.25
2023-04-25
2023-03-313.283.40.12
2023-02-15
2022-12-313.484.050.5716 
2022-10-25
2022-09-304.144.770.6315 
2022-07-20
2022-06-304.065.251.1929 
2022-05-03
2022-03-314.384.380.0
2022-02-03
2021-12-313.383.390.01
2021-10-20
2021-09-304.094.770.6816 
2021-07-22
2021-06-304.545.681.1425 
2021-04-22
2021-03-315.045.340.3
2021-02-03
2020-12-314.874.58-0.29
2020-10-21
2020-09-308.048.840.8
2020-07-22
2020-06-308.0310.262.2327 
2020-04-22
2020-03-317.739.141.4118 
2020-01-30
2019-12-318.028.340.32
2019-10-22
2019-09-308.279.170.910 
2019-07-23
2019-06-307.539.151.6221 
2019-04-24
2019-03-316.876.980.11
2019-01-29
2018-12-316.736.990.26
2018-10-23
2018-09-306.787.40.62
2018-07-24
2018-06-305.215.80.5911 
2018-04-24
2018-03-315.946.050.11
2018-01-25
2017-12-315.455.26-0.19
2017-10-24
2017-09-305.736.310.5810 
2017-07-25
2017-06-304.415.040.6314 
2017-04-25
2017-03-314.975.20.23
2017-01-26
2016-12-314.965.040.08
2016-10-26
2016-09-304.975.190.22
2016-07-21
2016-06-304.675.210.5411 
2016-04-21
2016-03-314.474.790.32
2016-01-27
2015-12-314.084.50.4210 
2015-10-21
2015-09-303.84.480.6817 
2015-07-24
2015-06-304.14.220.12
2015-04-24
2015-03-313.913.82-0.09
2015-01-29
2014-12-313.784.090.31
2014-10-22
2014-09-303.463.80.34
2014-07-23
2014-06-302.833.340.5118 
2014-04-23
2014-03-312.552.47-0.08
2014-01-29
2013-12-312.282.340.06
2013-10-28
2013-09-302.12.350.2511 
2013-07-25
2013-06-301.932.30.3719 
2013-04-25
2013-03-311.611.970.3622 
2013-01-28
2012-12-311.461.4-0.06
2012-10-25
2012-09-301.61.910.3119 
2012-07-24
2012-06-301.561.820.2616 
2012-05-01
2012-03-311.481.4-0.08
2012-01-31
2011-12-311.491.510.02
2011-10-28
2011-09-301.531.610.08
2011-07-26
2011-06-301.371.36-0.01
2011-04-21
2011-03-311.411.430.02
2011-02-01
2010-12-311.231.420.1915 
2010-10-26
2010-09-301.221.350.1310 
2010-07-20
2010-06-301.121.310.1916 
2010-04-20
2010-03-311.131.08-0.05
2010-02-09
2009-12-311.051.20.1514 
2009-10-20
2009-09-301.041.120.08
2009-07-16
2009-06-300.680.750.0710 
2009-04-16
2009-03-3111.050.05
2009-02-06
2008-12-310.930.930.0
2008-10-21
2008-09-300.90.980.08
2008-07-22
2008-06-300.850.910.06
2008-04-23
2008-03-310.790.830.04
2008-02-06
2007-12-310.80.890.0911 
2007-10-23
2007-09-300.650.58-0.0710 
2007-07-24
2007-06-300.630.70.0711 
2007-05-02
2007-03-310.610.59-0.02
2007-02-15
2006-12-310.550.53-0.02
2006-10-31
2006-09-300.490.60.1122 
2006-07-26
2006-06-300.490.570.0816 
2006-04-26
2006-03-310.480.550.0714 
2006-02-15
2005-12-310.470.480.01
2005-10-26
2005-09-300.420.36-0.0614 
2005-07-26
2005-06-300.360.430.0719 
2005-04-27
2005-03-310.360.3-0.0616 
2005-02-07
2004-12-310.360.29-0.0719 
2004-10-27
2004-09-300.350.370.02
2004-07-28
2004-06-300.320.340.02
2004-04-30
2004-03-310.340.40.0617 
2004-03-02
2003-12-310.320.24-0.0825 
2003-10-14
2003-09-300.250.260.01
2003-07-17
2003-06-300.260.24-0.02
2003-04-15
2003-03-310.240.240.0
2003-01-30
2002-12-310.260.260.0
2002-10-16
2002-09-300.210.220.01
2002-07-17
2002-06-300.190.20.01
2002-04-18
2002-03-310.160.170.01
2002-01-29
2001-12-310.160.160.0
2001-10-18
2001-09-300.160.160.0
2001-07-19
2001-06-300.150.150.0
2001-04-19
2001-03-310.120.120.0
2001-01-29
2000-12-310.110.120.01
2000-10-16
2000-09-300.10.10.0
2000-07-18
2000-06-300.080.090.0112 
2000-04-20
2000-03-310.020.020.0
2000-02-02
1999-12-310.070.05-0.0228 
1999-10-18
1999-09-300.070.070.0
1999-07-22
1999-06-300.130.130.0
1999-04-20
1999-03-310.030.040.0133 
1999-02-09
1998-12-310.040.050.0125 
1998-10-20
1998-09-30-0.010.020.03300 
1998-07-20
1998-06-300.060.090.0350 
1998-04-20
1998-03-310.010.030.02200 
1998-02-05
1997-12-310.050.060.0120 
1997-11-11
1997-09-30-0.06-0.08-0.0233 
1997-08-04
1997-06-30-0.07-0.040.0342 
1997-05-08
1997-03-31-0.05-0.020.0360 
1997-02-21
1996-12-31-0.020.010.03150 
1996-10-30
1996-09-30-0.05-0.040.0120 
1996-07-25
1996-06-30-0.04-0.040.0
1996-05-02
1996-03-31-0.060.020.08133 
1996-02-14
1995-12-31-0.030.020.05166 
1995-10-24
1995-09-30-0.05-0.050.0

Use Biogen in pair-trading

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Biogen position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Biogen will appreciate offsetting losses from the drop in the long position's value.

Biogen Pair Trading

Biogen Inc Pair Trading Analysis

The ability to find closely correlated positions to Biogen could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Biogen when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Biogen - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Biogen Inc to buy it.
The correlation of Biogen is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Biogen moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Biogen Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Biogen can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Use Investing Themes to Complement your Biogen position

In addition to having Biogen in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Adviser Favorites Thematic Idea Now

Adviser Favorites
Adviser Favorites Theme
Financial advisors frequently recommend that individuals diversify their investment portfolios with a mix of different types of stocks. These can include blue-chip stocks, growth stocks, and dividend stocks. The Adviser Favorites theme has 17 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Adviser Favorites Theme or any other thematic opportunities.
View All  Next Launch
When determining whether Biogen Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Biogen's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Biogen Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Biogen Inc Stock:
To fully project Biogen's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Biogen Inc at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Biogen's income statement, its balance sheet, and the statement of cash flows.
Potential Biogen investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Biogen investors may work on each financial statement separately, they are all related. The changes in Biogen's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Biogen's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.