BIIB

Stock

Biogen Inc.

Very rare

This is the kind of decline worth waking up for.

Biogen Inc. is 58.2% off its high — among the deepest declines in its recorded history.

Price $198.91 · as of Jul 9, 2026All-time high $475.98Drawdown -58.2%Severity Score™ 9.2
🔴

Very Large

Current Drawdown

-58.2%

Days in Drawdown

4127

Avg Max Drawdown

10.6%

Avg Length

83

Drawdown Severity Score™

9.2

BIIB - Price & High Water Mark

BIIB - Drawdown Timeline

How to read this chart: Negative values indicate drawdowns from all-time highs. Values closer to 0% mean the stock is near its high water mark.

Valuation vs Its Own History

Data as of July 8, 2026 · updated daily

Where today's valuation sits within BIIB's own multi-year range. A lower percentile means today's ratio is lower than more of its past readings. This is context, not a recommendation.

Price to Sales

3.1xBelow Typical · 18th percentile
Low: 1.7xMedian: 4.5xHigh: 13.6x

20 years of daily history

77.1% below its highest Price to Sales reading · 7.7x typical multiple drawdown · high date October 15, 2007

Price to Sales history

EV to EBITDA

13.9xTypical Range · 62nd percentile
Low: 6.0xMedian: 12.5xHigh: 28.7x

20 years of daily history

51.7% below its highest EV to EBITDA reading · 4.0x typical multiple drawdown · high date November 7, 2006

EV to EBITDA history · log scale

How we measure valuation

Biogen Inc. (BIIB) Analysis: Current Drawdown Insights

Biogen Inc. is currently in a drawdown that is unusual by its own historical standards. As of 2026-07-09, the stock is trading at $198.91, which represents a 58.2% decline from its all-time high of $475.98. This drawdown has persisted for 4127 days.

Based on its full tracked price history, Biogen Inc. typically experiences drawdowns averaging 10.6% in depth, with an average duration of 83 days. Biogen Inc. has gone through 101 total drawdown events in its tracked history. The largest drawdown on record for Biogen Inc. was 90.0%, beginning in 1991. The longest drawdown duration on record was 2491 days.

The Drawdown Severity Score™ for Biogen Inc. currently stands at 9.18. This is our proprietary indicator that shows the relative severity of the current drawdown based on the asset's unique historical patterns. A score between 8.0 and 12.0 indicates an extremely rare, severe drawdown: the asset almost never experiences declines of this magnitude in its tracked history.

Understanding Drawdowns: A drawdown measures how far a stock has fallen from its peak price. Every stock experiences drawdowns: periods when the price declines from all-time highs before recovering. By analyzing Biogen Inc.'s historical drawdown patterns, investors can identify when the stock is experiencing a typical market fluctuation versus an unusual decline that is rare by that stock's own historical standards.

📜 Historical Drawdown Events

Current drawdown shown in blue. Showing the most recent and the deepest of 101 tracked pullbacks (68 listed).

Start DateEnd DateDurationMax DepthStart PriceLowest PriceRecovery Price
2015-03-22Ongoing4127 days-58.2%$475.98$198.91n/a
2015-03-062015-03-1711 days-4.2%$425.61$407.64$426.12
2015-03-032015-03-053 days-0.7%$415.79$412.79$425.61
2015-02-272015-03-024 days-0.1%$410.10$409.59$415.79
2015-02-242015-02-252 days-0.9%$408.58$404.89$408.94
2015-02-092015-02-1911 days-3.0%$402.00$390.00$406.73
2015-02-042015-02-052 days-0.7%$393.89$391.12$401.79
2015-01-212015-01-3010 days-3.3%$363.28$351.18$389.16
2014-12-222015-01-2030 days-7.2%$360.67$334.65$363.28
2014-03-192014-12-18275 days-22.1%$351.94$274.00$353.70
2014-02-242014-03-1822 days-5.3%$347.11$328.75$351.94
2014-02-192014-02-202 days-1.9%$334.98$328.45$335.11
2014-02-142014-02-185 days-0.1%$328.62$328.29$334.98
2014-01-312014-02-1112 days-5.8%$318.28$299.93$319.82
2014-01-242014-01-307 days-5.4%$314.96$297.88$318.28
2014-01-132014-01-219 days-5.2%$299.31$283.67$310.50
2013-11-262014-01-1046 days-8.2%$295.88$271.51$299.31
2013-10-292013-11-2225 days-9.1%$254.43$231.19$285.62
2013-10-242013-10-252 days-0.8%$251.12$249.22$252.26
2013-09-232013-10-2230 days-9.8%$248.13$223.85$250.60
2013-05-292013-09-18113 days-17.4%$240.86$199.07$246.35
2013-05-232013-05-242 days-0.2%$233.07$232.62$235.24
2013-05-152013-05-217 days-2.0%$229.84$225.18$231.33
2013-04-302013-05-1415 days-6.4%$223.61$209.28$229.84
2013-04-262013-04-294 days-1.1%$216.00$213.59$223.61
2013-04-232013-04-253 days-4.2%$215.20$206.18$216.00
2013-04-152013-04-228 days-4.0%$207.01$198.66$215.20
2013-04-032013-04-108 days-2.5%$198.19$193.17$198.34
2013-03-212013-03-277 days-1.1%$178.10$176.22$182.68
2013-03-182013-03-203 days-0.7%$176.78$175.52$178.10
2013-03-072013-03-114 days-0.6%$172.45$171.47$174.14
2013-02-192013-03-0414 days-4.4%$168.74$161.36$169.96
2013-02-142013-02-152 days-0.8%$165.91$164.59$168.74
2013-02-112013-02-122 days-0.3%$164.44$163.96$165.45
2013-02-072013-02-082 days-0.4%$160.98$160.30$164.44
2013-02-042013-02-052 days-1.0%$157.30$155.73$157.36
2012-09-212013-01-31133 days-13.1%$156.06$135.61$156.08
2012-09-192012-09-202 days-0.5%$155.80$155.04$156.06
2012-09-102012-09-134 days-0.6%$152.50$151.60$152.50
2012-07-302012-09-0639 days-4.3%$149.47$143.09$152.19
2012-07-182012-07-269 days-4.6%$145.91$139.23$147.75
2012-07-052012-07-1713 days-2.5%$145.63$142.00$145.91
2012-06-282012-06-292 days-2.1%$143.16$140.11$144.38
2012-06-202012-06-278 days-2.7%$143.09$139.20$143.16
2012-05-162012-06-1430 days-7.5%$137.04$126.73$138.66
2012-05-032012-05-119 days-3.1%$135.16$130.97$136.71
2012-05-012012-05-022 days-1.6%$134.01$131.83$135.16
2012-04-042012-04-2522 days-2.9%$128.80$125.02$129.29
2012-03-302012-04-024 days-0.4%$126.48$126.00$127.63
2012-03-282012-03-292 days-0.4%$126.23$125.69$126.48
2012-03-142012-03-2613 days-2.4%$122.18$119.28$125.80
2011-06-302011-10-24117 days-22.0%$108.98$85.03$109.52
2007-10-162011-04-151278 days-52.7%$82.51$39.02$82.96
2000-12-192007-10-152491 days-62.6%$75.08$28.09$82.51
2000-11-092000-12-1840 days-30.8%$73.42$50.81$75.08
2000-03-072000-09-27204 days-66.5%$57.10$19.13$57.31
2000-01-242000-03-0340 days-30.2%$49.25$34.38$50.00
1999-11-291999-12-2123 days-18.3%$23.17$18.92$24.06
1999-08-241999-11-2695 days-35.1%$22.85$14.82$23.17
1999-05-141999-06-1634 days-16.2%$10.03$8.41$10.59
1999-04-131999-05-0725 days-25.7%$9.58$7.13$9.83
1999-03-121999-04-0524 days-14.5%$9.17$7.83$9.19
1999-02-021999-03-0532 days-19.4%$8.50$6.85$8.58
1997-10-081998-12-18437 days-62.0%$7.67$2.92$8.02
1997-03-121997-08-29170 days-46.1%$5.02$2.71$5.06
1996-05-211997-03-11295 days-51.5%$5.02$2.44$5.02
1995-12-271996-04-0197 days-27.8%$3.85$2.78$4.06
1991-10-171995-12-261532 days-90.0%$3.54$0.35$3.85
1991-09-301991-10-1617 days-24.4%$3.33$2.52$3.54

How to read: Each row shows a complete drawdown from peak to recovery. Red rows = most severe drawdowns (worst 20% or 5x+ average), yellow rows = moderate (2x-5x worse than average).

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Or explore current drawdowns:

Biogen Inc. (BIIB) is trading at $198.91 as of Jul 9, 2026. It is 58.2% below its high of $475.98. The drawdown has lasted 4,127 days. Severity score: 9.2 (Very Large).

BIIB Price History and Drawdown Data

Latest price

$198.91

High-water mark

$475.98

Current drawdown

-58.2%

Days in drawdown

4,127

This BIIB page is built around daily price history, the latest high-water mark, current drawdown depth, drawdown duration, and comparable historical drawdown events. The chart above provides the price-history context, while the sections below explain how the current move compares with prior Biogen Inc. drawdowns.

What History Says About BIIB

Biogen Inc. has dropped 30%+ from its high 10 times in its tracked history. These events lasted an average of 658 days with an average max drop of -52.7%.

The current drawdown of -58.2% has lasted 4,127 days, which is 6.3x the average duration of comparable events.

PeriodMax DropDuration
Oct 1991 to Dec 1995-90.0%1532 days
Mar 2000 to Sep 2000-66.5%204 days
Dec 2000 to Oct 2007-62.6%2491 days
Oct 1997 to Dec 1998-62.0%437 days
Oct 2007 to Apr 2011-52.7%1278 days
May 1996 to Mar 1997-51.5%295 days

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