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Siemens AG (LTS:0P6M) Cyclically Adjusted PS Ratio : 1.68 (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 €173.86. Siemens AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €103.47. Siemens AG's Cyclically Adjusted PS Ratio for today is 1.68.

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

LTS:0P6M' 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.

LTS:0P6M's Cyclically Adjusted PS Ratio is ranked worse than
55.35% of 2195 companies
in the Industrial Products industry
Industry Median: 1.43 vs LTS:0P6M: 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 €23.955. 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 €103.47 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
=173.86/103.47
=1.68

* 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)
=23.955/125.0381*125.0381
=23.955

Current CPI (Mar. 2024) = 125.0381.

Siemens AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 20.572 99.543 25.841
201409 24.140 99.823 30.238
201412 20.659 99.543 25.950
201503 21.592 99.717 27.075
201506 22.635 100.417 28.185
201509 25.940 100.417 32.300
201512 23.150 99.717 29.029
201603 23.172 100.017 28.969
201606 24.140 100.717 29.969
201609 26.806 101.017 33.180
201612 23.387 101.217 28.891
201703 24.304 101.417 29.965
201706 25.583 102.117 31.325
201709 26.760 102.717 32.575
201712 23.907 102.617 29.130
201803 24.238 102.917 29.448
201806 24.805 104.017 29.818
201809 27.499 104.718 32.835
201812 24.905 104.217 29.881
201903 9.409 104.217 11.289
201906 17.522 105.718 20.724
201909 19.988 106.018 23.574
201912 16.572 105.818 19.582
202003 16.842 105.718 19.920
202006 16.133 106.618 18.920
202009 18.900 105.818 22.333
202012 17.372 105.518 20.586
202103 18.054 107.518 20.996
202106 19.749 108.486 22.762
202109 21.541 109.435 24.612
202112 20.282 110.384 22.975
202203 20.934 113.968 22.967
202206 22.276 115.760 24.061
202209 25.843 118.818 27.196
202212 22.633 119.345 23.713
202303 24.211 122.402 24.732
202306 23.500 123.140 23.862
202309 26.755 124.195 26.937
202312 23.044 123.773 23.280
202403 23.955 125.038 23.955

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  (LTS:0P6M) 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 (LTS:0P6M) 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.

Siemens AG (LTS:0P6M) Headlines

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