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Siemens AG (WAR:SIE) Shiller PE Ratio : 28.52 (As of May. 15, 2024)


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What is Siemens AG Shiller PE Ratio?

As of today (2024-05-15), Siemens AG's current share price is zł775.00. Siemens AG's E10 for the quarter that ended in Dec. 2023 was zł27.17. Siemens AG's Shiller PE Ratio for today is 28.52.

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

WAR:SIE' 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.

WAR:SIE's Shiller PE Ratio is ranked better than
55.72% of 1748 companies
in the Industrial Products industry
Industry Median: 25.91 vs WAR:SIE: 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 zł12.853. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is zł27.17 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
=775.00/27.17
=28.52

* 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)
=12.853/123.6675*123.6675
=12.853

Current CPI (Dec. 2023) = 123.6675.

Siemens AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 7.197 99.543 8.941
201406 8.623 99.543 10.713
201409 8.686 99.823 10.761
201412 6.221 99.543 7.729
201503 19.837 99.717 24.602
201506 7.211 100.417 8.881
201509 5.220 100.417 6.429
201512 8.030 99.717 9.959
201603 7.726 100.017 9.553
201606 7.175 100.717 8.810
201609 6.238 101.017 7.637
201612 9.854 101.217 12.040
201703 7.209 101.417 8.791
201706 7.219 102.117 8.742
201709 7.000 102.717 8.428
201712 12.315 102.617 14.841
201803 11.422 102.917 13.725
201806 6.171 104.017 7.337
201809 3.128 104.718 3.694
201812 5.561 104.217 6.599
201903 9.888 104.217 11.733
201906 5.657 105.718 6.618
201909 6.989 106.018 8.153
201912 5.738 105.818 6.706
202003 3.484 105.718 4.076
202006 2.974 106.618 3.450
202009 10.075 105.818 11.775
202012 8.152 105.518 9.554
202103 13.092 107.518 15.058
202106 7.884 108.486 8.987
202109 6.678 109.435 7.547
202112 8.997 110.384 10.080
202203 5.513 113.968 5.982
202206 -8.625 115.760 -9.214
202209 13.035 118.818 13.567
202212 7.725 119.345 8.005
202303 18.316 122.402 18.505
202306 6.790 123.140 6.819
202309 9.003 124.195 8.965
202312 12.853 123.668 12.853

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  (WAR:SIE) 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 (WAR:SIE) 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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