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Biotest AG
XETRA:BIO

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Biotest AG
XETRA:BIO
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Price: 40.2 EUR -4.74% Market Closed
Market Cap: €1.5B

P/E

-64.9
Current
85%
More Expensive
vs 3-y average of -35.1

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-64.9
=
Market Cap
€1.6B
/
Net Income
€-24.5m

Price to Earnings (P/E) ratio shows how much investors pay for each dollar of a company`s earnings. It`s calculated by dividing the company`s market value by its total earnings.

P/E
-64.9
=
Market Cap
€1.6B
/
Net Income
€-24.5m

Valuation Scenarios

Biotest AG is trading above its industry average

If P/E returns to its Industry Average (7), the stock would be worth €-4.34 (111% downside from current price).

Statistics
Positive Scenarios
0/2
Maximum Downside
-130%
Maximum Upside
No Upside Scenarios
Average Downside
120%
Scenario P/E Value Implied Price Upside/Downside
Current Multiple -64.9 €40.2
0%
Industry Average 7 €-4.34
-111%
Country Average 19.3 €-11.93
-130%

Forward P/E
Today’s price vs future net income

Today's Market Cap Net Income Forward P/E
€1.6B
/
Apr 2025
€-24.5m
=
-64.9
Current
€1.6B
/
Dec 2025
€58.3m
=
27.3
Forward

Forward P/E shows whether today’s P/E still looks high or low once future net income are taken into account.

Peer Comparison

All Countries
Close
Market Cap P/E
DE
Biotest AG
XETRA:BIO
1.6B EUR -64.9
FR
Pharnext SCA
OTC:PNEXF
6T USD -160 127.7
US
Abbvie Inc
NYSE:ABBV
373.6B USD 89.2
US
Amgen Inc
NASDAQ:AMGN
186.6B USD 24.2
US
Gilead Sciences Inc
NASDAQ:GILD
162.4B USD 19.1
US
Epizyme Inc
F:EPE
94.1B EUR -533.6
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
108.6B USD 27.5
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
74.7B USD 16.6
NL
argenx SE
XBRU:ARGX
41.3B EUR 37.4
US
Seagen Inc
F:SGT
39.3B EUR -61.8
AU
CSL Ltd
ASX:CSL
60B AUD 29.5
Earnings Growth PEG
DE
Biotest AG
XETRA:BIO
Average P/E: 34.8
Negative Multiple: -64.9
N/A N/A
FR
Pharnext SCA
OTC:PNEXF
Negative Multiple: -160 127.7 N/A N/A
US
Abbvie Inc
NYSE:ABBV
89.2
97%
0.9
US
Amgen Inc
NASDAQ:AMGN
24.2
20%
1.2
US
Gilead Sciences Inc
NASDAQ:GILD
19.1
16%
1.2
US
E
Epizyme Inc
F:EPE
Negative Multiple: -533.6 N/A N/A
US
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
27.5
19%
1.4
US
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
16.6
14%
1.2
NL
argenx SE
XBRU:ARGX
37.4
30%
1.2
US
S
Seagen Inc
F:SGT
Negative Multiple: -61.8 N/A N/A
AU
CSL Ltd
ASX:CSL
29.5
9%
3.3

Market Distribution

Lower than 100% of companies in Germany
Percentile
0th
Based on 2 106 companies
0th percentile
-64.9
Low
0 — 13.8
Typical Range
13.8 — 29.5
High
29.5 —
Distribution Statistics
Germany
Min 0
30th Percentile 13.8
Median 19.3
70th Percentile 29.5
Max 8 582.9

Biotest AG
Glance View

Market Cap
1.5B EUR
Industry
Biotechnology

Biotest AG, headquartered in Dreieich, Germany, is a pivotal player in the field of biopharmaceuticals, with a particular focus on blood plasma-derived products. The company traces its origins back to 1946 when it was founded as a laboratory for blood testing, and since then, it has transformed into a significant force in the healthcare sector. Biotest operates on a vertically integrated business model, from collecting plasma to the manufacturing and distribution of therapeutic proteins. The company primarily produces and markets products like immunoglobulins, coagulation factors, and albumins, which are essential for treating immune system deficiencies, blood clotting disorders, and various other ailments. These products serve not only to improve the quality of life for patients but are critical lifelines for those with chronic and acute conditions. Revenue generation at Biotest revolves around a three-pronged strategy: plasma collection, manufacturing, and commercialization of its proprietary therapies. The process begins with the acquisition of raw plasma through an extensive network of collection centers. This plasma is then processed and transformed into high-value therapeutic products in sophisticated manufacturing facilities. Biotest’s revenue stream is bolstered by its strong presence in international markets, serving hospitals, clinics, and healthcare systems with high demand for its specialized products. By leveraging its in-depth expertise in plasma technology and robust infrastructure, Biotest AG has carved a niche, ensuring a steady flow of returns while contributing significantly to advancements in treating rare diseases and fostering global health betterment.

BIO Intrinsic Value
40.14 EUR
Fairly Valued
Intrinsic Value
Price €40.2
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