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SEMHF (Siemens Healthineers AG) Cyclically Adjusted PB Ratio : 4.46 (As of May. 31, 2025)


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What is Siemens Healthineers AG Cyclically Adjusted PB Ratio?

As of today (2025-05-31), Siemens Healthineers AG's current share price is $53.30. Siemens Healthineers AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep24 was $11.96. Siemens Healthineers AG's Cyclically Adjusted PB Ratio for today is 4.46.

The historical rank and industry rank for Siemens Healthineers AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

SEMHF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.01   Med: 4.47   Max: 4.61
Current: 4.01

During the past 10 years, Siemens Healthineers AG's highest Cyclically Adjusted PB Ratio was 4.61. The lowest was 4.01. And the median was 4.47.

SEMHF's Cyclically Adjusted PB Ratio is ranked worse than
73.59% of 496 companies
in the Medical Devices & Instruments industry
Industry Median: 1.82 vs SEMHF: 4.01

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Siemens Healthineers AG's adjusted book value per share data of for the fiscal year that ended in Sep24 was $18.046. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $11.96 for the trailing ten years ended in Sep24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Siemens Healthineers AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Siemens Healthineers AG's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Siemens Healthineers AG Cyclically Adjusted PB Ratio Chart

Siemens Healthineers AG Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.64

Siemens Healthineers AG Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 4.64 - -

Competitive Comparison of Siemens Healthineers AG's Cyclically Adjusted PB Ratio

For the Medical Devices subindustry, Siemens Healthineers AG's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Siemens Healthineers AG's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Siemens Healthineers AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Siemens Healthineers AG's Cyclically Adjusted PB Ratio falls into.


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Siemens Healthineers AG Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Siemens Healthineers AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=53.30/11.96
=4.46

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Siemens Healthineers AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep24 is calculated as:

For example, Siemens Healthineers AG's adjusted Book Value per Share data for the fiscal year that ended in Sep24 was:

Adj_Book=Book Value per Share/CPI of Sep24 (Change)*Current CPI (Sep24)
=18.046/126.1978*126.1978
=18.046

Current CPI (Sep24) = 126.1978.

Siemens Healthineers AG Annual Data

Book Value per Share CPI Adj_Book
201509 4.140 100.417 5.203
201609 2.774 101.017 3.465
201709 3.911 102.717 4.805
201809 10.103 104.718 12.175
201909 10.766 106.018 12.815
202009 13.705 105.818 16.345
202109 17.103 109.435 19.723
202209 17.545 118.818 18.635
202309 17.294 124.195 17.573
202409 18.046 126.198 18.046

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Siemens Healthineers AG  (OTCPK:SEMHF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Siemens Healthineers AG Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Siemens Healthineers AG's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Siemens Healthineers AG Business Description

Address
Siemensstrasse 3, Forchheim, BY, DEU, 91301
Siemens Healthineers is engaged in therapeutic imaging, radiotherapy, laboratory, and point-of-care diagnostics. The imaging segment (55% of sales in fiscal 2024) includes magnetic resonance imaging, computed tomography, X-ray systems, molecular imaging, and ultrasound. The Varian segment (17% of sales) offers radiotherapy and other oncology solutions. The portfolio of the diagnostics segment (20%) includes in vitro diagnostics products offered to providers and point-of-care diagnostics. The advanced therapies segment (9%) products are designed to support image-guided minimally invasive treatments in cardiology, interventional radiology, and surgery. Americas represents 42% of total sales, Europe, Middle East, and Africa 33%, and Asia-Pacific including China the remainder.