GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Siemens AG (OTCPK:SMAWF) » Definitions » Shiller PE Ratio

Siemens AG (Siemens AG) Shiller PE Ratio : 21.14 (As of May. 03, 2024)


View and export this data going back to 2009. Start your Free Trial

What is Siemens AG Shiller PE Ratio?

As of today (2024-05-03), Siemens AG's current share price is $190.004. Siemens AG's E10 for the quarter that ended in Dec. 2023 was $8.99. Siemens AG's Shiller PE Ratio for today is 21.14.

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

SMAWF' s Shiller PE Ratio Range Over the Past 10 Years
Min: 9.03   Med: 16.82   Max: 22.61
Current: 21.84

During the past years, Siemens AG's highest Shiller PE Ratio was 22.61. The lowest was 9.03. And the median was 16.82.

SMAWF's Shiller PE Ratio is ranked better than
57.88% of 1745 companies
in the Industrial Products industry
Industry Median: 25.66 vs SMAWF: 21.84

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 $3.261. Add all the adjusted EPS for the past 10 years together and divide 10 will get our E10, which is $8.99 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
=190.004/8.99
=21.14

* 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)
=3.261/123.6675*123.6675
=3.261

Current CPI (Dec. 2023) = 123.6675.

Siemens AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 1.826 99.543 2.269
201406 2.188 99.543 2.718
201409 2.204 99.823 2.730
201412 1.578 99.543 1.960
201503 5.032 99.717 6.241
201506 1.829 100.417 2.252
201509 1.324 100.417 1.631
201512 2.037 99.717 2.526
201603 1.960 100.017 2.423
201606 1.820 100.717 2.235
201609 1.582 101.017 1.937
201612 2.500 101.217 3.055
201703 1.829 101.417 2.230
201706 1.831 102.117 2.217
201709 1.776 102.717 2.138
201712 3.124 102.617 3.765
201803 2.898 102.917 3.482
201806 1.565 104.017 1.861
201809 0.793 104.718 0.937
201812 1.411 104.217 1.674
201903 2.508 104.217 2.976
201906 1.435 105.718 1.679
201909 1.773 106.018 2.068
201912 1.456 105.818 1.702
202003 0.884 105.718 1.034
202006 0.755 106.618 0.876
202009 2.556 105.818 2.987
202012 2.068 105.518 2.424
202103 3.321 107.518 3.820
202106 2.000 108.486 2.280
202109 1.694 109.435 1.914
202112 2.282 110.384 2.557
202203 1.399 113.968 1.518
202206 -2.188 115.760 -2.337
202209 3.307 118.818 3.442
202212 1.960 119.345 2.031
202303 4.647 122.402 4.695
202306 1.723 123.140 1.730
202309 2.284 124.195 2.274
202312 3.261 123.668 3.261

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  (OTCPK:SMAWF) 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 (Siemens AG) 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.

Siemens AG (Siemens AG) Headlines

From GuruFocus

Hate Germany's Soccer Team But Love These 3 German Stocks

By Charles Sizemore Charles Sizemore 06-25-2014

10 from the Experts for '12's Second Half

By David G. Dietze, JD, CFA, CFP David G. Dietze, JD, CFA, CFP 07-02-2012

Ken Fisher's Top Increases of the Fourth Quarter

By Monica Wolfe Monica Wolfe 01-15-2014

CLEARLAKE CAPITAL TO SELL BRIGHTLY SOFTWARE TO SIEMENS

By PRNewswire PRNewswire 06-27-2022

Pessimism on Europe: An opportunity For Value Investors?

By Humberto Fosado Humberto Fosado 07-06-2011

David Herro Comments on Siemens

By Sydnee Gatewood 04-14-2022

This International Dividend Stock Is a Top Industrial Sector Pick

By Ben Reynolds Ben Reynolds 03-28-2019