Siemens Healthineers
SHL.DE
#297
Rank
$64.16 B
Marketcap
$57.51
Share price
-2.65%
Change (1 day)
0.03%
Change (1 year)

P/E ratio for Siemens Healthineers (SHL.DE)

P/E ratio as of May 2024 (TTM): 39.6

According to Siemens Healthineers's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 39.6188. At the end of 2022 the company had a P/E ratio of 26.3.

P/E ratio history for Siemens Healthineers from 2018 to 2023

PE ratio at the end of each year

Year P/E ratio Change
202226.3-36.98%
202141.749.84%
202027.8-0.66%
201928.0-1.53%
201828.4

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.