P/E ratio for Siemens (SIE.DE)
P/E ratio as of September 2023 (TTM): 12.2
According to Siemens's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 12.2425. At the end of 2013 the company had a P/E ratio of 18.5.
P/E ratio history for Siemens from 2001 to 2022
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2013 | 18.5 | 11.09% |
| 2012 | 16.7 | 56.16% |
| 2011 | 10.7 |
P/E ratio for similar companies or competitors
| Company | P/E ratio | P/E ratio differencediff. | Country |
|---|---|---|---|
 Thermo Fisher Scientific TMO | 34.3 | 180.17% | 🇺🇸 USA |
 General Electric GE | 14.2 | 15.82% | 🇺🇸 USA |
 Danaher DHR | 29.5 | 141.12% | 🇺🇸 USA |
 Motorola Solutions
MSI | 31.5 | 157.62% | 🇺🇸 USA |
 Nokia NOK | 5.03 | -58.91% | 🇫🇮 Finland |
 Philips PHG | -9.51 | -177.68% | 🇳🇱 Netherlands |
 ABB ABBN.SW | 19.8 | 61.73% | 🇨🇭 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.