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Biogen Inc. (BIIB) EV/Sales Ratio: 3.28x

Is Biogen Inc.’s EV/Sales ratio high or low?

Biogen Inc.'s EV/Sales ratio of 3.28x is in line with its 5-year average of 3.58x, around the middle of its 5-year range (2.15x–5.52x).

The EV/Sales ratio for Biogen Inc. (BIIB) is 3.28x as of Wednesday, June 10, 2026. It is above its 12-month average by 17.69% (2.79x).

BIIB EV/Sales Ratio Chart

BIIB EV/Sales Ratio
3.28x+35.54% 1Y
Zoom

BIIB Average EV/Sales Ratio Chart

BIIB Current vs Average EV/Sales Ratio Chart

BIIB EV/Sales Ratio Metrics

EV/SALES RATIO

3.28x

EV/SALES RATIO AVG TTM

2.79x

EV/SALES RATIO AVG 3Y

3.30x

EV/SALES RATIO AVG 5Y

3.58x

EV/SALES RATIO AVG 10Y

4.19x

EV/SALES RATIO AVG 15Y

5.41x

EV/SALES RATIO AVG 20Y

5.45x

CURRENT VS TTM AVG

+17.69%

CURRENT VS 3Y AVG

-0.56%

CURRENT VS 5Y AVG

-8.31%

CURRENT VS 10Y AVG

-21.71%

CURRENT VS 15Y AVG

-39.38%

CURRENT VS 20Y AVG

-39.80%

BIIB Competitors' EV/Sales Ratio

NAMEMARKET CAPEV/SALES RATIOTTM3Y5Y
Biogen Inc. (BIIB)3.28x2.79x3.30x3.58x
DexCom, Inc. (DXCM)$29.24B6.23x6.64x10.22x13.89x
IQVIA Holdings Inc. (IQV)$30.60B1.88x2.83x3.22x3.53x
Veeva Systems Inc. (VEEV)$26.73B7.65x12.50x13.33x15.70x
Centene Corporation (CNC)$31.94B0.14x0.11x0.20x0.29x
Waters Corporation (WAT)$23.83B9.32x7.03x7.13x7.32x
Zoetis Inc. (ZTS)$34.20B4.39x6.73x8.78x9.90x
Mettler-Toledo International Inc. (MTD)$22.85B6.14x7.35x7.51x8.18x
BioNTech SE (BNTX)$21.81B3.25x4.19x3.71x3.49x
Agilent Technologies, Inc. (A)$37.17B5.38x5.56x5.75x6.21x

Understanding EV/Sales

Enterprise Value (EV) = Market Cap + Total Debt - Cash

Sales = Total Revenue (TTM)

EV/Sales is commonly used because:

  • It works for unprofitable companies where P/E doesn't apply
  • Revenue is harder to manipulate than earnings
  • It supports comparisons across companies at different profitability stages
  • It is frequently used for software and other revenue-growth-focused companies

Note: EV/Sales does not include margin, debt maturity, cash conversion, or growth durability by itself.

Biogen Inc. EV/Sales Ratio Formula & Definition

EV/Sales = Enterprise Value / Revenue (TTM)

Enterprise value to sales compares total company value to revenue, useful across capital structures and for unprofitable companies.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Biogen Inc. EV/Sales Ratio FAQ

What is the EV/Sales ratio for Biogen Inc. (BIIB)?
The EV/Sales ratio for BIIB stock is 3.28x.
Is Biogen Inc.'s EV/Sales ratio high or low?
Biogen Inc.'s EV/Sales ratio of 3.28x is in line with its 5-year average of 3.58x, around the middle of its 5-year range (2.15x–5.52x).
What is the TTM average EV/Sales ratio for Biogen Inc. (BIIB)?
The TTM average EV/Sales ratio for BIIB stock is 2.79x.
What is the 3Y average EV/Sales ratio for Biogen Inc. (BIIB)?
The 3Y average EV/Sales ratio for BIIB stock is 3.30x.
What is the 5Y average EV/Sales ratio for Biogen Inc. (BIIB)?
The 5Y average EV/Sales ratio for BIIB stock is 3.58x.
What is the 10Y average EV/Sales ratio for Biogen Inc. (BIIB)?
The 10Y average EV/Sales ratio for BIIB stock is 4.19x.
What is the 15Y average EV/Sales ratio for Biogen Inc. (BIIB)?
The 15Y average EV/Sales ratio for BIIB stock is 5.41x.
What is the 20Y average EV/Sales ratio for Biogen Inc. (BIIB)?
The 20Y average EV/Sales ratio for BIIB stock is 5.45x.

Biogen Inc. EV/Sales Ratio History

DATEEV/SALES RATIO
2026-06-103.28x
2026-06-093.32x
2026-06-083.22x
2026-06-053.26x
2026-06-043.28x
2026-06-033.27x
2026-06-023.17x
2026-06-013.22x
2026-05-293.27x
2026-05-283.28x
2026-05-273.29x
2026-05-263.23x
2026-05-223.24x
2026-05-213.17x
2026-05-203.15x
2026-05-193.19x
2026-05-183.21x
2026-05-153.23x
2026-05-143.20x
2026-05-133.40x
2026-05-123.32x
2026-05-113.30x
2026-05-083.23x
2026-05-073.20x
2026-05-063.19x
2026-05-053.17x
2026-05-043.14x
2026-05-013.14x
2026-04-303.17x
2026-04-293.25x
2026-04-283.14x
2026-04-273.10x
2026-04-243.16x
2026-04-233.21x
2026-04-223.24x
2026-04-213.18x
2026-04-203.14x
2026-04-173.05x
2026-04-163.03x
2026-04-153.10x
2026-04-143.08x
2026-04-133.04x
2026-04-102.99x
2026-04-093.05x
2026-04-083.09x
2026-04-073.03x
2026-04-062.98x
2026-04-023.05x
2026-04-013.15x
2026-03-313.14x
2026-03-303.21x
2026-03-273.15x
2026-03-263.26x
2026-03-253.23x
2026-03-243.15x
2026-03-233.15x
2026-03-203.11x
2026-03-193.14x
2026-03-183.13x
2026-03-173.17x
2026-03-163.14x
2026-03-133.12x
2026-03-123.17x
2026-03-113.25x
2026-03-103.22x
2026-03-093.22x
2026-03-063.17x
2026-03-053.21x
2026-03-043.24x
2026-03-033.15x
2026-03-023.21x
2026-02-273.27x
2026-02-263.21x
2026-02-253.25x
2026-02-243.32x
2026-02-233.34x
2026-02-203.27x
2026-02-193.27x
2026-02-183.30x
2026-02-173.33x
2026-02-133.34x
2026-02-123.32x
2026-02-113.26x
2026-02-103.23x
2026-02-093.30x
2026-02-063.41x
2026-02-053.00x
2026-02-043.00x
2026-02-032.88x
2026-02-022.91x
2026-01-302.92x
2026-01-292.87x
2026-01-282.85x
2026-01-272.84x
2026-01-262.82x
2026-01-232.80x
2026-01-222.83x
2026-01-212.82x
2026-01-202.71x
2026-01-162.70x
2026-01-152.76x
2026-01-142.77x
2026-01-132.90x
2026-01-123.01x
2026-01-093.04x
2026-01-083.01x
2026-01-073.03x
2026-01-062.96x
2026-01-052.85x
2026-01-022.89x
2025-12-312.87x
2025-12-302.87x
2025-12-292.88x
2025-12-262.88x
2025-12-242.87x
2025-12-232.85x
2025-12-222.85x
2025-12-192.85x
2025-12-182.78x
2025-12-172.81x
2025-12-162.80x
2025-12-152.86x
2025-12-122.84x
2025-12-112.81x
2025-12-102.89x
2025-12-092.86x
2025-12-082.93x
2025-12-052.94x
2025-12-042.95x
2025-12-032.94x
2025-12-022.93x
2025-12-012.89x
2025-11-282.96x
2025-11-262.95x
2025-11-252.95x
2025-11-242.88x
2025-11-212.86x
2025-11-202.75x
2025-11-192.75x
2025-11-182.76x
2025-11-172.70x
2025-11-142.74x
2025-11-132.70x
2025-11-122.65x
2025-11-112.62x
2025-11-102.57x
2025-11-072.56x
2025-11-062.58x
2025-11-052.53x
2025-11-042.47x
2025-11-032.50x
2025-10-312.55x
2025-10-302.48x
2025-10-292.54x
2025-10-282.56x
2025-10-272.58x
2025-10-242.57x
2025-10-232.57x
2025-10-222.54x
2025-10-212.52x
2025-10-202.52x
2025-10-172.47x
2025-10-162.46x
2025-10-152.48x
2025-10-142.50x
2025-10-132.50x
2025-10-102.52x
2025-10-092.57x
2025-10-082.59x
2025-10-072.61x
2025-10-062.63x
2025-10-032.72x
2025-10-022.65x
2025-10-012.63x
2025-09-302.43x
2025-09-292.41x
2025-09-262.39x
2025-09-252.36x
2025-09-242.39x
2025-09-232.42x
2025-09-222.44x
2025-09-192.46x
2025-09-182.48x
2025-09-172.50x
2025-09-162.48x
2025-09-152.48x
2025-09-122.50x
2025-09-112.56x
2025-09-102.46x
2025-09-092.48x
2025-09-082.45x
2025-09-052.44x
2025-09-042.43x
2025-09-032.45x
2025-09-022.42x
2025-08-292.31x
2025-08-282.32x
2025-08-272.37x
2025-08-262.38x
2025-08-252.37x
2025-08-222.42x
2025-08-212.41x
2025-08-202.41x
2025-08-192.41x
2025-08-182.37x
2025-08-152.41x
2025-08-142.35x
2025-08-132.36x
2025-08-122.27x
2025-08-112.25x
2025-08-082.29x
2025-08-072.25x
2025-08-062.27x
2025-08-052.32x
2025-08-042.31x
2025-08-012.31x
2025-07-312.25x
2025-07-302.29x
2025-07-292.31x
2025-07-282.33x
2025-07-252.36x
2025-07-242.38x
2025-07-232.36x
2025-07-222.31x
2025-07-212.23x
2025-07-182.27x
2025-07-172.32x
2025-07-162.32x
2025-07-152.30x
2025-07-142.39x
2025-07-112.40x
2025-07-102.42x
2025-07-092.39x
2025-07-082.41x
2025-07-072.34x
2025-07-032.38x
2025-07-022.39x
2025-07-012.34x
2025-06-302.28x
2025-06-272.28x
2025-06-262.30x
2025-06-252.30x
2025-06-242.29x
2025-06-232.26x
2025-06-202.30x
2025-06-182.29x
2025-06-172.29x
2025-06-162.36x
2025-06-132.35x
2025-06-122.38x
2025-06-112.39x
2025-06-102.42x
2025-06-092.40x
2025-06-062.39x
2025-06-052.35x
2025-06-042.37x
2025-06-032.37x
2025-06-022.36x
2025-05-302.34x
2025-05-292.38x

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

About Biogen Inc.

Biogen Inc. is a leading biotechnology firm dedicated to the discovery, development, production, and distribution of treatments for complex neurological and neurodegenerative conditions. Its established portfolio includes a range of medications addressing multiple sclerosis (MS), such as TECFIDERA, VUMERITY, AVONEX, PLEGRIDY, TYSABRI, and FAMPYRA. For spinal muscular atrophy (SMA), Biogen provides SPINRAZA, while FUMADERM is available for the treatment of plaque psoriasis. Among its other key offerings is ADUHELM, specifically developed for Alzheimer's disease. The company also markets a selection of biosimilar drugs, including BENEPALI (an etanercept biosimilar akin to ENBREL), IMRALDI (an adalimumab biosimilar comparable to HUMIRA), and FLIXABI (an infliximab biosimilar referencing REMICADE). Further extending its therapeutic reach, Biogen supplies RITUXAN, prescribed for conditions like non-Hodgkin's lymphoma, chronic lymphocytic leukemia (CLL), rheumatoid arthritis, certain types of ANCA-associated vasculitis, and pemphigus vulgaris. RITUXAN HYCELA targets non-Hodgkin's lymphoma and CLL, and GAZYVA is utilized for CLL and follicular lymphoma. OCREVUS addresses both relapsing and primary progressive forms of MS, complementing the company's broader efforts in anti-CD20 therapies. The company maintains a robust research and development pipeline, featuring numerous investigational therapies. These candidates are designed to tackle a wide spectrum of conditions, including multiple sclerosis and neuroimmunological disorders (e.g., BIIB135, BIIB061, BIIB091, BIIB107), Alzheimer's disease and other forms of dementia (e.g., Aducanumab, Lecanemab, BIIB076, BIIB080), neuromuscular disorders (e.g., BIIB067, BIIB078, BIIB105, BIIB100, BIIB110), Parkinson's disease and related movement disorders (e.g., BIIB124, BIIB094, BIIB118, BIIB101, BIIB122), neuropsychiatric conditions (e.g., BIIB125, BIIB104), immunology-related illnesses (e.g., Dapirolizumab pegol, BIIB059), acute neurological events (e.g., BIIB093, BIIB131), and neuropathic pain (e.g., BIIB074). Additionally, several biosimilar candidates, such as BYOOVIZ, BIIB800, and SB15, are progressing through various developmental stages. Biogen actively engages in strategic collaborations and licensing arrangements with various partners, including Acorda Therapeutics, Inc., Alkermes Pharma Ireland Limited, Denali Therapeutics Inc., Eisai Co., Ltd., Genentech, Inc., Neurimmune SubOne AG, Ionis Pharmaceuticals, Inc., Samsung Bioepis Co., Ltd., Sangamo Therapeutics, Inc., and Sage Therapeutics, Inc. Established in 1978, Biogen Inc. maintains its corporate headquarters in Cambridge, Massachusetts.

Cambridge, MA
7,605 employees
Healthcare / Drug Manufacturers - General
Sector
Healthcare
Industry
Drug Manufacturers - General
CEO
Christopher A. Viehbacher