Siemens AG (XSWX:SIE) Cyclically Adjusted PS Ratio: 2.58 (As of Jul. 25, 2026) — 103% Above Median

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XSWX:SIE Siemens AG XSWX:SIE
83 GF Score
Price CHF249.40
GF Value CHF191.04
! 9 Warning Signs
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What is Siemens AG Cyclically Adjusted PS Ratio?

Siemens AG XSWX:SIE 83 Cyclically Adjusted PS Ratio is 2.58 as of Jul. 25, 2026, which is 103% above its 10-year median of 1.27. GuruFocus rates XSWX:SIE with a GF Score™ of 83/100 and a GF Value™ of CHF191.04. The stock has 9 warning signs investors should review. Among 2,299 Industrial Products companies, Siemens AG ranks worse than 62.68% on this metric.

As of today (2026-07-25), Siemens AG's current share price is CHF249.40. Siemens AG's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was CHF96.62. Siemens AG's Cyclically Adjusted PS Ratio for today is 2.58.

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

XSWX:SIE' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.65   Med: 1.27   Max: 2.72
Current: 2.53

During the past years, Siemens AG's highest Cyclically Adjusted PS Ratio was 2.72. The lowest was 0.65. And the median was 1.27.

XSWX:SIE's Cyclically Adjusted PS Ratio is ranked worse than
62.68% of 2299 companies
in the Industrial Products industry
Industry Median: 1.75 vs XSWX:SIE: 2.53

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. 2026 was CHF22.887. 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 CHF96.62 for the trailing ten years ended in Mar. 2026.

Shiller PE for Stocks: The True Measure of Stock Valuation


Siemens AG  (XSWX:SIE) 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

XSWX:SIE 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.


XSWX:SIE
83GF Score
Siemens AG XSWX:SIE
Cyclically Adjusted PS Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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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
=249.40/96.62
=2.58

* 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. 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)
=22.887/131.2583*131.2583
=22.887

Current CPI (Mar. 2026) = 131.2583.

Siemens AG Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 26.297 100.717 34.271
201609 29.279 101.017 38.044
201612 25.149 101.217 32.613
201703 26.032 101.417 33.692
201706 27.828 102.117 35.769
201709 30.699 102.717 39.229
201712 27.925 102.617 35.719
201803 28.333 102.917 36.135
201806 28.687 104.017 36.200
201809 31.071 104.718 38.946
201812 28.104 104.217 35.396
201903 10.637 104.217 13.397
201906 19.561 105.718 24.287
201909 21.806 106.018 26.998
201912 18.093 105.818 22.443
202003 17.853 105.718 22.166
202006 17.283 106.618 21.277
202009 20.368 105.818 25.265
202012 18.775 105.518 23.355
202103 19.984 107.518 24.397
202106 21.601 108.486 26.135
202109 23.386 109.435 28.050
202112 21.107 110.384 25.099
202203 21.427 113.968 24.678
202206 22.846 115.760 25.905
202209 24.904 118.818 27.512
202212 22.336 119.345 24.566
202303 23.991 122.402 25.727
202306 22.022 123.140 23.474
202309 24.656 124.195 26.058
202312 20.945 123.773 22.212
202403 22.307 125.038 23.417
202406 22.776 125.882 23.749
202409 24.512 126.198 25.495
202412 21.551 127.041 22.266
202503 23.666 127.779 24.310
202506 22.918 128.412 23.426
202509 25.351 129.255 25.744
202512 22.698 129.361 23.031
202603 22.887 131.258 22.887

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 2.58 mean?
Siemens AG (XSWX:SIE) has a Cyclically Adjusted PS Ratio of 2.58 as of Jul. 25, 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 103% above median its historical median of 1.27. Over the past decade, Siemens AG's Cyclically Adjusted PS Ratio has ranged from 0.65 to 2.72. According to the industry distribution chart, Siemens AG ranks #1441 out of 2299 companies in the Industrial Products industry, placing it in the top 62.7%.
Is Siemens AG's Cyclically Adjusted PS Ratio too high?
Siemens AG's current Cyclically Adjusted PS Ratio of 2.58 is 103% above median its 10-year median of 1.27. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 2.72. The Industrial Products industry median Cyclically Adjusted PS Ratio is 1.75. Siemens AG's value of 2.58 is 47.4% above this industry median. Based on the distribution chart, Siemens AG ranks #1441 out of 2299 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Siemens AG has a GF Score™ of 83/100, 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 #1441 out of 2299 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 1.75. Siemens AG's value of 2.58 is 47.4% above this benchmark. Historically, Siemens AG's own Cyclically Adjusted PS Ratio has ranged from 0.65 to 2.72 over the past decade. While the company's 10-year median is 1.27 vs. the industry median of 1.75, 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 1.75, based on 2,299 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 2.58 is 47.4% 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 1.75 — 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 2.58, which is 103% above median its own 10-year median of 1.27. 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?
Siemens AG (XSWX:SIE) has a current Cyclically Adjusted PS Ratio of 2.58. The stock's GF Value™ is CHF191.04, compared to a current price of CHF249.40 — trading 30.5% above its estimated fair value. The current Cyclically Adjusted PS Ratio is 2.58, which is 103% above median its 10-year median of 1.27 and 47.4% above the Industrial Products industry median of 1.75. Siemens AG's overall GF Score™ is 83/100 with 9 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 (XSWX:SIE), the current Cyclically Adjusted PS Ratio is 2.58 as of Jul. 25, 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 (XSWX:SIE) Overvalued in 2026?

Based on GuruFocus' analysis, Siemens AG stock appears to be overvalued. The current stock price of CHF249.40 is trading 30.5% above its estimated GF Value™ of CHF191.04.

Key valuation signals for XSWX:SIE:

  • Cyclically Adjusted PS Ratio: 2.58 (103% above median its 10-year median of 1.27)
  • GF Value™: CHF191.04 vs. price of CHF249.40 (30.5% above fair value)
  • GF Score™: 83/100 with 9 warning signs
  • Industry Position: 47.4% above the Industrial Products median (#1441 of 2299)

No single metric tells the full story. See the XSWX:SIE 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.
83GF Score

Get the complete analysis for XSWX:SIE

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

CHF249.40
Price
CHF191.04
GF Value