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Siemens AG (BUD:SIEMENS) Shiller PE Ratio : 21.34 (As of May. 17, 2024)


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What is Siemens AG Shiller PE Ratio?

As of today (2024-05-17), Siemens AG's current share price is Ft65740.00. Siemens AG's E10 for the quarter that ended in Dec. 2023 was Ft3,080.98. Siemens AG's Shiller PE Ratio for today is 21.34.

The historical rank and industry rank for Siemens AG's Shiller PE Ratio or its related term are showing as below:

BUD:SIEMENS' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.03   Med: 16.82   Max: 23.03
Current: 23.02

During the past years, Siemens AG's highest Shiller PE Ratio was 23.03. The lowest was 9.03. And the median was 16.82.

BUD:SIEMENS's Shiller PE Ratio is ranked better than
58.49% of 1749 companies
in the Industrial Products industry
Industry Median: 26.05 vs BUD:SIEMENS: 23.02

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Siemens AG's adjusted earnings per share data for the three months ended in Dec. 2023 was Ft1,160.624. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is Ft3,080.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Siemens AG Shiller PE Ratio Historical Data

The historical data trend for Siemens AG's Shiller PE 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.

Siemens AG Shiller PE Ratio Chart

Siemens AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.10 16.01 20.45 13.25 16.69

Siemens AG Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Shiller PE 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 17.37 18.79 19.08 16.69 20.76

Competitive Comparison of Siemens AG's Shiller PE Ratio

For the Specialty Industrial Machinery subindustry, Siemens AG's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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.


Siemens AG's Shiller PE Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Siemens AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Siemens AG's Shiller PE Ratio falls into.



Siemens AG Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Siemens AG's Shiller PE Ratio for today is calculated as

Shiller PE Ratio=Share Price/ E10
=65740.00/3080.98
=21.34

* 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.

Siemens AG's E10 for the quarter that ended in Dec. 2023 is calculated as:

For example, Siemens AG's adjusted earnings per share data for the three months ended in Dec. 2023 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1160.624/123.7729*123.7729
=1,160.624

Current CPI (Dec. 2023) = 123.7729.

Siemens AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 649.868 99.543 808.057
201406 778.642 99.543 968.176
201409 784.375 99.823 972.570
201412 561.796 99.543 698.546
201503 1,791.309 99.717 2,223.456
201506 651.178 100.417 802.637
201509 471.405 100.417 581.050
201512 725.084 99.717 900.008
201603 697.631 100.017 863.334
201606 647.910 100.717 796.230
201609 563.289 101.017 690.181
201612 889.876 101.217 1,088.183
201703 650.990 101.417 794.492
201706 651.909 102.117 790.159
201709 632.141 102.717 761.722
201712 1,112.082 102.617 1,341.352
201803 1,031.422 102.917 1,240.435
201806 557.212 104.017 663.041
201809 282.434 104.718 333.828
201812 502.137 104.217 596.359
201903 892.893 104.217 1,060.437
201906 510.799 105.718 598.037
201909 631.146 106.018 736.846
201912 518.106 105.818 606.019
202003 314.652 105.718 368.391
202006 268.566 106.618 311.779
202009 909.791 105.818 1,064.166
202012 736.151 105.518 863.510
202103 1,182.264 107.518 1,361.004
202106 711.901 108.486 812.217
202109 603.022 109.435 682.030
202112 812.452 110.384 911.002
202203 497.860 113.968 540.691
202206 -778.877 115.760 -832.788
202209 1,177.104 118.818 1,226.193
202212 697.572 119.345 723.454
202303 1,653.988 122.402 1,672.507
202306 613.176 123.140 616.326
202309 812.950 124.195 810.190
202312 1,160.624 123.773 1,160.624

Add all the adjusted EPS together and divide 10 will get our E10.

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.


Siemens AG  (BUD:SIEMENS) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Siemens AG Shiller PE Ratio Related Terms

Thank you for viewing the detailed overview of Siemens AG's Shiller PE Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Siemens AG (BUD:SIEMENS) Business Description

Address
Werner-von-Siemens-Strabe 1, Munich, BY, DEU, 80333
Siemens AG is a multi-industry company focused on the areas of automation, electrification, mobility, and healthcare. Its top three geographic regions—the United States, Germany, and China—contribute over half of group revenue. Siemens has a 75% investment in separately listed Siemens Healthineers. Recent portfolio activity included the listing of Siemens Energy, spinning out its power and gas and Siemens Gamesa business divisions in 2020.

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