P/E ratio for Siemens (SIE.DE)

P/E ratio history for Siemens from 2001 to 2024

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
General Electric GE	23.8	13.10%	🇺🇸 USA
Philips PHG	-38.7	-283.67%	🇳🇱 Netherlands
Danaher DHR	27.8	31.93%	🇺🇸 USA
Thermo Fisher Scientific TMO	39.0	85.11%	🇺🇸 USA
Motorola Solutions MSI	46.1	119.19%	🇺🇸 USA
Nokia NOK	6.21	-70.48%	🇫🇮 Finland
ABB ABBN.SW	24.8	17.59%	🇨🇭 Switzerland

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.