Siemens AG (BUE:SIEGY) Cyclically Adjusted PS Ratio: 30.18 (As of Sep. 08, 2026) — 2240% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BUE:SIEGY Siemens AG BUE:SIEGY
48 GF Score
Price ARS90,000.00
GF Value ARS6,485.16
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Siemens AG Cyclically Adjusted PS Ratio?

Siemens AG BUE:SIEGY +10.43% 48 Cyclically Adjusted PS Ratio is 30.18 as of Sep. 08, 2026, which is 2240% above its 10-year median of 1.29. GuruFocus rates BUE:SIEGY with a GF Score™ of 48/100 and a GF Value™ of ARS6,485.16 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 2,278 Industrial Products companies, Siemens AG ranks worse than 62.03% on this metric.

As of today (2026-09-08), Siemens AG's current share price is ARS90000.00. Siemens AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 was ARS2,982.35. Siemens AG's Cyclically Adjusted PS Ratio for today is 30.18.

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

BUE:SIEGY' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.29   Max: 2.78
Current: 2.62

During the past years, Siemens AG's highest Cyclically Adjusted PS Ratio was 2.78. The lowest was 0.65. And the median was 1.29.

BUE:SIEGY's Cyclically Adjusted PS Ratio is ranked worse than
62.03% of 2278 companies
in the Industrial Products industry
Industry Median: 1.81 vs BUE:SIEGY: 2.62

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Siemens AG's adjusted revenue per share data for the three months ended in Jun. 2026 was ARS7,573.808. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is ARS2,982.35 for the trailing ten years ended in Jun. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Siemens AG  (BUE:SIEGY) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Siemens AG Cyclically Adjusted PS Ratio Related Terms


Siemens AG Cyclically Adjusted PS Ratio Historical Data

* Premium members only.

The historical data trend for Siemens AG's Cyclically Adjusted PS 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.

Siemens AG Cyclically Adjusted PS Ratio Chart

Siemens AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 1.02 1.32 1.76 2.20

Siemens AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Cyclically Adjusted PS 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 2.09 2.20 2.31 1.97 2.70

BUE:SIEGY vs GEV, ETN, PH: Cyclically Adjusted PS Ratio Comparison

For the Specialty Industrial Machinery subindustry, Siemens AG's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 AG Cyclically Adjusted PS Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Siemens AG's Cyclically Adjusted PS Ratio distribution charts can be found below:

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


BUE:SIEGY
48GF Score
Siemens AG BUE:SIEGY
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siemens AG Cyclically Adjusted PS Ratio Calculation

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

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=90000.00/2982.35
=30.18

* 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 AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Jun. 2026 is calculated as:

For example, Siemens AG's adjusted Revenue per Share data for the three months ended in Jun. 2026 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=7573.808/131.3638*131.3638
=7,573.808

Current CPI (Jun. 2026) = 131.3638.

Siemens AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201609 74.720 101.017 97.167
201612 65.115 101.217 84.509
201703 66.722 101.417 86.424
201706 78.911 102.117 101.511
201709 93.058 102.717 119.011
201712 89.951 102.617 115.149
201803 100.265 102.917 127.979
201806 120.328 104.017 151.963
201809 196.603 104.718 246.630
201812 177.873 104.217 224.205
201903 69.198 104.217 87.223
201906 147.281 105.718 183.010
201909 204.977 106.018 253.982
201912 183.254 105.818 227.495
202003 192.330 105.718 238.988
202006 207.093 106.618 255.159
202009 275.180 105.818 341.613
202012 286.352 105.518 356.493
202103 322.362 107.518 393.857
202106 375.298 108.486 454.443
202109 412.577 109.435 495.251
202112 385.361 110.384 458.606
202203 412.164 113.968 475.075
202206 471.776 115.760 535.367
202209 591.965 118.818 654.471
202212 669.261 119.345 736.660
202303 852.628 122.402 915.051
202306 977.343 123.140 1,042.611
202309 1,596.970 124.195 1,689.156
202312 1,455.738 123.773 1,545.017
202403 3,521.370 125.038 3,699.517
202406 3,799.377 125.882 3,964.845
202409 4,578.865 126.198 4,766.304
202412 4,064.780 127.041 4,203.085
202503 4,754.041 127.779 4,887.406
202506 5,570.983 128.412 5,699.052
202509 7,200.237 129.255 7,317.698
202512 6,883.558 129.361 6,990.153
202603 6,767.783 131.258 6,773.223
202606 7,573.808 131.364 7,573.808

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.

What does a Cyclically Adjusted PS Ratio of 30.18 mean?
Siemens AG (BUE:SIEGY) has a Cyclically Adjusted PS Ratio of 30.18 as of Sep. 08, 2026. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Siemens AG and its competitors. This is 2240% above median its historical median of 1.29. Over the past decade, Siemens AG's Cyclically Adjusted PS Ratio has ranged from 0.65 to 2.78. According to the industry distribution chart, Siemens AG ranks #1413 out of 2278 companies in the Industrial Products industry, placing it in the top 62%.
Is Siemens AG's Cyclically Adjusted PS Ratio too high?
Siemens AG's current Cyclically Adjusted PS Ratio of 30.18 is 2240% above median its 10-year median of 1.29. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 2.78. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.81. Siemens AG's value of 30.18 is 1567.4% above this industry median. Based on the distribution chart, Siemens AG ranks #1413 out of 2278 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Siemens AG has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Siemens AG's Cyclically Adjusted PS Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Siemens AG ranks #1413 out of 2278 companies for Cyclically Adjusted PS Ratio. This places Siemens AG in the lower half of its industry. The industry median Cyclically Adjusted PS Ratio is 1.81. Siemens AG's value of 30.18 is 1567.4% above this benchmark. Historically, Siemens AG's own Cyclically Adjusted PS Ratio has ranged from 0.65 to 2.78 over the past decade. While the company's 10-year median is 1.29 vs. the industry median of 1.81, Siemens AG has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted PS Ratio for an Industrial Products company?
The median Cyclically Adjusted PS Ratio among Industrial Products companies is 1.81, based on 2,278 companies in the industry. Companies in the top quartile (top 25%) have a Cyclically Adjusted PS Ratio significantly above this median, while those in the bottom quartile fall well below. However, Cyclically Adjusted PS Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Siemens AG's current Cyclically Adjusted PS Ratio of 30.18 is 1567.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted PS Ratio mean?
A high Cyclically Adjusted PS Ratio can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted PS Ratio is the ratio of share price to a company's inflation-adjusted revenue per share over a 10-year period. View historical data on Siemens AG and its competitors. For the Industrial Products industry, the median Cyclically Adjusted PS Ratio is 1.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siemens AG's current Cyclically Adjusted PS Ratio is 30.18, which is 2240% above median its own 10-year median of 1.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siemens AG stock overvalued right now?
Based on GuruFocus' analysis, Siemens AG (BUE:SIEGY) is currently considered Significantly Overvalued. The stock's GF Value™ is ARS6,485.16, compared to a current price of ARS90,000.00 — trading 1287.8% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 30.18, which is 2240% above median its 10-year median of 1.29 and 1567.4% above the Industrial Products industry median of 1.81. Siemens AG's overall GF Score™ is 48/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted PS Ratio calculated?
Cyclically Adjusted PS Ratio is calculated from a company's financial statements. For Siemens AG (BUE:SIEGY), the current Cyclically Adjusted PS Ratio is 30.18 as of Sep. 08, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Siemens AG (BUE:SIEGY) Overvalued in 2026?

Based on GuruFocus' analysis, Siemens AG stock appears to be overvalued. The current stock price of ARS90,000.00 is trading 1287.8% above its estimated GF Value™ of ARS6,485.16. GuruFocus considers Siemens AG to be Significantly Overvalued.

Key valuation signals for BUE:SIEGY:

  • Cyclically Adjusted PS Ratio: 30.18 (2240% above median its 10-year median of 1.29)
  • GF Value™: ARS6,485.16 vs. price of ARS90,000.00 (1287.8% above fair value)
  • GF Score™: 48/100 with 8 warning signs
  • Industry Position: 1567.4% above the Industrial Products median (#1413 of 2278)

No single metric tells the full story. See the BUE:SIEGY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Siemens AG Business Description

Address Werner-von-Siemens-Street 1, Munich, BY, DEU, 80333
Siemens is a multi-industry company focused on the areas of automation, electrification, mobility, and healthcare. Its top three geographic regions—the United States, Germany, and China—contribute over half of group revenue. Siemens has a 71% investment in separately listed Siemens Healthineers. Recent portfolio activity included the listing of Siemens Energy, spinning out its power and gas and Siemens Gamesa business divisions in 2020.
48GF Score

Get the complete analysis for BUE:SIEGY

Cyclically Adjusted PS Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS90,000.00
Price
ARS6,485.16
GF Value