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Siemens AG (WAR:SIE) Shiller PE Ratio : 28.52 (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 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
55.42% of 1745 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 zł12.811. 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)
=12.811/123.7729*123.7729
=12.811

Current CPI (Dec. 2023) = 123.7729.

Siemens AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201403 7.173 99.543 8.919
201406 8.594 99.543 10.686
201409 8.658 99.823 10.735
201412 6.201 99.543 7.710
201503 19.772 99.717 24.542
201506 7.188 100.417 8.860
201509 5.203 100.417 6.413
201512 8.003 99.717 9.934
201603 7.700 100.017 9.529
201606 7.151 100.717 8.788
201609 6.217 101.017 7.618
201612 9.822 101.217 12.011
201703 7.185 101.417 8.769
201706 7.196 102.117 8.722
201709 6.977 102.717 8.407
201712 12.275 102.617 14.806
201803 11.385 102.917 13.692
201806 6.150 104.017 7.318
201809 3.117 104.718 3.684
201812 5.542 104.217 6.582
201903 9.856 104.217 11.705
201906 5.638 105.718 6.601
201909 6.966 106.018 8.133
201912 5.719 105.818 6.689
202003 3.473 105.718 4.066
202006 2.964 106.618 3.441
202009 10.042 105.818 11.746
202012 8.125 105.518 9.531
202103 13.050 107.518 15.023
202106 7.858 108.486 8.965
202109 6.656 109.435 7.528
202112 8.968 110.384 10.056
202203 5.495 113.968 5.968
202206 -8.597 115.760 -9.192
202209 12.993 118.818 13.535
202212 7.700 119.345 7.986
202303 18.256 122.402 18.460
202306 6.768 123.140 6.803
202309 8.973 124.195 8.943
202312 12.811 123.773 12.811

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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