Siemens AG (CEUX:SIED) Cyclically Adjusted PS Ratio: (As of Jul. 22, 2026)

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What is Siemens AG Cyclically Adjusted PS Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PS Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Siemens AG  (CEUX:SIEd) 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
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.04 2.09 2.20 2.31 1.97

CEUX:SIED 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.



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 Revenue per Share for the quarter that ended in Mar. 2026 is calculated as:

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

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=25.146/131.2583*131.2583
=25.146

Current CPI (Mar. 2026) = 131.2583.

Siemens AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 24.140 100.717 31.460
201609 26.806 101.017 34.831
201612 23.387 101.217 30.328
201703 24.304 101.417 31.455
201706 25.583 102.117 32.884
201709 26.760 102.717 34.196
201712 23.907 102.617 30.580
201803 24.238 102.917 30.913
201806 24.805 104.017 31.301
201809 27.499 104.718 34.469
201812 24.905 104.217 31.367
201903 9.409 104.217 11.850
201906 17.522 105.718 21.755
201909 19.988 106.018 24.747
201912 16.572 105.818 20.556
202003 16.842 105.718 20.911
202006 16.133 106.618 19.862
202009 18.900 105.818 23.444
202012 17.372 105.518 21.610
202103 18.054 107.518 22.040
202106 19.749 108.486 23.895
202109 21.541 109.435 25.837
202112 20.282 110.384 24.118
202203 20.934 113.968 24.110
202206 22.276 115.760 25.258
202209 25.843 118.818 28.549
202212 22.633 119.345 24.892
202303 24.211 122.402 25.963
202306 22.575 123.140 24.063
202309 25.681 124.195 27.142
202312 22.209 123.773 23.552
202403 23.095 125.038 24.244
202406 23.673 125.882 24.684
202409 26.069 126.198 27.114
202412 23.084 127.041 23.850
202503 24.775 127.779 25.450
202506 24.434 128.412 24.976
202509 27.131 129.255 27.551
202512 24.324 129.361 24.681
202603 25.146 131.258 25.146

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.


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.