P/E ratio for Siemens (SIE.DE)
P/E ratio as of April 2024 (TTM): 15.8
According to Siemens's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 15.8228. At the end of 2022 the company had a P/E ratio of 29.0.
P/E ratio history for Siemens from 2001 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | 29.0 | 52.15% |
| 2021 | 19.1 | -12.58% |
| 2020 | 21.8 | 21.23% |
| 2019 | 18.0 | 4.52% |
| 2018 | 17.2 | 12.89% |
| 2017 | 15.2 | -5.25% |
| 2016 | 16.1 | 68.79% |
| 2015 | 9.53 | -39.3% |
| 2014 | 15.7 | -15.23% |
| 2013 | 18.5 | 6.99% |
| 2012 | 17.3 | 60.22% |
| 2011 | 10.8 | -42.85% |
| 2010 | 18.9 | -10.34% |
| 2009 | 21.1 | -70.66% |
| 2008 | 71.9 | 621.99% |
| 2007 | 9.96 | -54.18% |
| 2006 | 21.7 | -25.98% |
| 2005 | 29.4 | 100.1% |
| 2004 | 14.7 | -28.87% |
| 2003 | 20.6 | 52.37% |
| 2002 | 13.5 | -66.64% |
| 2001 | 40.6 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Thermo Fisher Scientific TMO | 37.5 | 136.73% | 🇺🇸 USA |
 General Electric GE | 19.0 | 20.21% | 🇺🇸 USA |
 Danaher DHR | 31.6 | 99.46% | 🇺🇸 USA |
 Motorola Solutions
MSI | 34.0 | 114.74% | 🇺🇸 USA |
 Nokia NOK | 4.97 | -68.58% | 🇫🇮 Finland |
 Philips PHG | -29.5 | -286.15% | 🇳🇱 Netherlands |
 ABB ABBN.SW | 22.8 | 44.03% | 🇨🇭 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.