Siemens AG (XTER:SIEN) Cyclically Adjusted PS Ratio: (As of Aug. 02, 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  (XTER:SIEN) 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

XTER:SIEN 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)
=24.225/131.2583*131.2583
=24.225

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 23.399 101.217 30.344
201703 24.227 101.417 31.356
201706 25.624 102.117 32.936
201709 26.626 102.717 34.024
201712 24.307 102.617 31.091
201803 24.697 102.917 31.498
201806 25.104 104.017 31.678
201809 27.720 104.718 34.746
201812 24.666 104.217 31.066
201903 9.508 104.217 11.975
201906 17.459 105.718 21.677
201909 20.079 106.018 24.859
201912 16.768 105.818 20.799
202003 16.902 105.718 20.985
202006 15.915 106.618 19.593
202009 18.776 105.818 23.290
202012 17.254 105.518 21.463
202103 17.982 107.518 21.953
202106 19.724 108.486 23.864
202109 21.391 109.435 25.657
202112 20.229 110.384 24.055
202203 20.895 113.968 24.065
202206 21.909 115.760 24.842
202209 25.226 118.818 27.867
202212 22.158 119.345 24.370
202303 23.808 122.402 25.531
202306 22.250 123.140 23.717
202309 25.281 124.195 26.719
202312 21.759 123.773 23.075
202403 22.653 125.038 23.780
202406 23.175 125.882 24.165
202409 25.519 126.198 26.542
202412 22.505 127.041 23.252
202503 24.226 127.779 24.886
202506 23.760 128.412 24.287
202509 26.274 129.255 26.681
202512 23.468 129.361 23.812
202603 24.225 131.258 24.225

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.