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Siemens AG (FRA:SIEB) Cyclically Adjusted PS Ratio : 1.67 (As of May. 21, 2024)


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What is Siemens AG Cyclically Adjusted PS Ratio?

As of today (2024-05-21), Siemens AG's current share price is €85.00. Siemens AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €50.82. Siemens AG's Cyclically Adjusted PS Ratio for today is 1.67.

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

FRA:SIEB' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.06   Max: 1.81
Current: 1.67

During the past years, Siemens AG's highest Cyclically Adjusted PS Ratio was 1.81. The lowest was 0.65. And the median was 1.06.

FRA:SIEB's Cyclically Adjusted PS Ratio is ranked worse than
55.35% of 2195 companies
in the Industrial Products industry
Industry Median: 1.43 vs FRA:SIEB: 1.67

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 Mar. 2024 was €11.977. 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 €50.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Siemens AG Cyclically Adjusted PS Ratio Historical Data

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.

* Premium members only.

Siemens AG Cyclically Adjusted PS Ratio Chart

Siemens AG Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 1.18 1.53 0.99 1.32

Siemens AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.46 1.49 1.32 1.66 1.71

Competitive Comparison of Siemens AG's Cyclically Adjusted PS Ratio

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's Cyclically Adjusted PS Ratio Distribution in the 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 PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=85.00/50.82
=1.67

* 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 Mar. 2024 is calculated as:

For example, Siemens AG's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=11.977/125.0381*125.0381
=11.977

Current CPI (Mar. 2024) = 125.0381.

Siemens AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 10.286 99.543 12.921
201409 12.070 99.823 15.119
201412 10.330 99.543 12.976
201503 10.796 99.717 13.537
201506 11.318 100.417 14.093
201509 12.970 100.417 16.150
201512 11.575 99.717 14.514
201603 11.586 100.017 14.484
201606 12.070 100.717 14.985
201609 13.403 101.017 16.590
201612 11.694 101.217 14.446
201703 12.152 101.417 14.982
201706 12.791 102.117 15.662
201709 13.380 102.717 16.288
201712 11.954 102.617 14.566
201803 12.119 102.917 14.724
201806 12.402 104.017 14.908
201809 13.750 104.718 16.418
201812 12.452 104.217 14.940
201903 4.705 104.217 5.645
201906 8.761 105.718 10.362
201909 9.994 106.018 11.787
201912 8.286 105.818 9.791
202003 8.421 105.718 9.960
202006 8.067 106.618 9.461
202009 9.450 105.818 11.166
202012 8.686 105.518 10.293
202103 9.027 107.518 10.498
202106 9.875 108.486 11.382
202109 10.770 109.435 12.306
202112 10.141 110.384 11.487
202203 10.467 113.968 11.484
202206 11.138 115.760 12.031
202209 12.922 118.818 13.598
202212 11.317 119.345 11.857
202303 12.106 122.402 12.367
202306 11.750 123.140 11.931
202309 13.378 124.195 13.469
202312 11.522 123.773 11.640
202403 11.977 125.038 11.977

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  (FRA:SIEB) 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

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


Siemens AG (FRA:SIEB) Business Description

Address
Werner-von-Siemens-Strabe 1, Munich, BY, DEU, 80333
Siemens AG 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 75% 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.