Siemens (SIE.DE) - P/B ratio

P/B ratio as of February 2026 : 2.95

According to Siemens's latest financial reports the company has a price-to-book ratio of 2.67408.
The price-to-book ratio is a way to measure how much the stock market thinks a company is worth compared to how much the company says its assets are worth on paper.

Siemens - P/B ratio (from 2001 to 2025)

P/B ratio by year

Year	P/B ratio	Change
2025-12-31	2.76	20.43%
2024-12-31	2.29	-13.25%
2023-12-31	2.64	32.31%
2022-12-31	2.00	-15.13%
2021-12-31	2.35	1.16%
2020-12-31	2.32	27.61%
2019-12-31	1.82	10.01%
2018-12-31	1.66	-20.66%
2017-12-31	2.09	-13.29%
2016-12-31	2.41	21.5%
2015-12-31	1.98	-20.14%
2014-12-31	2.48	-10.13%
2013-12-31	2.76	21.74%
2012-12-31	2.27	19.08%
2011-12-31	1.90	-24.53%
2010-12-31	2.52	30.14%
2009-12-31	1.94	8.06%
2008-12-31	1.79	-35.59%
2007-12-31	2.79	14.34%
2006-12-31	2.44	7.11%
2005-12-31	2.27	13.84%
2004-12-31	2.00	-12.68%
2003-12-31	2.29	54.44%
2002-12-31	1.48

P/B ratio for similar companies or competitors

Company	P/B ratio	P/B ratio differencediff.	Country
Thermo Fisher Scientific TMO	4.25	44.16%	🇺🇸 USA
General Electric GE	17.0	477.11%	🇺🇸 USA
Danaher DHR	3.03	2.76%	🇺🇸 USA
Motorola Solutions MSI	28.6	870.53%	🇺🇸 USA
Nokia NOK	1.57	-46.89%	🇫🇮 Finland
Philips PHG	2.20	-25.46%	🇳🇱 Netherlands
ABB ABBN.SW	10.7	262.54%	🇨🇭 Switzerland

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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