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Siemens Healthineers AG (LTS:0PMJ) Forward PE Ratio Explanation
The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.
Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .
Siemens Healthineers AG Forward PE Ratio Related Terms
Siemens Healthineers AG Forward PE Ratio Historical Data
* 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 Healthineers AG Forward PE Ratio Chart
Siemens Healthineers AG Annual Data
Trend
2019-09
2020-09
2021-09
2024-09
2025-09
Forward PE Ratio
19.38
19.92
25.84
19.76
17.53
Siemens Healthineers AG Quarterly Data
2019-06
2019-09
2019-12
2020-03
2020-06
2020-09
2020-12
2021-03
2021-06
2021-09
2021-12
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
2026-03
2026-06
Forward PE Ratio
20.16
19.38
23.31
17.86
22.73
19.92
21.41
25.77
22.68
25.84
25.64
19.76
21.50
20.48
17.45
17.53
18.89
15.60
13.64
LTS:0PMJ vs ABT, SYK, MDT: Forward PE Ratio Comparison
For the Medical Devices subindustry, Siemens Healthineers AG's Forward PE Ratio, along with its competitors' market caps and Forward PE 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 Healthineers AG Forward PE Ratio vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Siemens Healthineers AG's Forward PE Ratio distribution charts can be found below:
* The bar in red indicates where Siemens Healthineers AG's Forward PE Ratio falls into.
Siemens Healthineers AG Forward PE Ratio Calculation
It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.
Siemens Healthineers AG (LTS:0PMJ) has a Forward PE Ratio of 16.29 as of Aug. 07, 2026. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Siemens Healthineers AG and its competitors. According to the industry distribution chart, Siemens Healthineers AG ranks #148 out of 391 companies in the Medical Devices & Instruments industry, placing it in the top 37.9%.
Is Siemens Healthineers AG's Forward PE Ratio too high?
Siemens Healthineers AG's current Forward PE Ratio is 16.29. The Medical Devices & Instruments industry median Forward PE Ratio is 20.08. Siemens Healthineers AG's value of 16.29 is 18.9% below this industry median. Based on the distribution chart, Siemens Healthineers AG ranks #148 out of 391 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Siemens Healthineers AG has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Siemens Healthineers AG's Forward PE Ratio compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Siemens Healthineers AG ranks #148 out of 391 companies for Forward PE Ratio. This puts Siemens Healthineers AG in the upper half of its industry. The industry median Forward PE Ratio is 20.08. Siemens Healthineers AG's value of 16.29 is 18.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Forward PE Ratio for a Medical Devices & Instruments company?
The median Forward PE Ratio among Medical Devices & Instruments companies is 20.08, based on 391 companies in the industry. Companies in the top quartile (top 25%) have a Forward PE Ratio significantly above this median, while those in the bottom quartile fall well below. However, Forward PE Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Siemens Healthineers AG's current Forward PE Ratio of 16.29 is 18.9% below 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 Forward PE Ratio mean?
A high Forward PE Ratio can signal that a stock is expensive relative to its fundamentals. Forward P/E ratio is the share price dividend by the expected per-share earnings in the next 12 months. View historical data on Siemens Healthineers AG and its competitors. For the Medical Devices & Instruments industry, the median Forward PE Ratio is 20.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siemens Healthineers AG's current Forward PE Ratio is 16.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siemens Healthineers AG stock overvalued right now?
Based on GuruFocus' analysis, Siemens Healthineers AG (LTS:0PMJ) is currently considered Modestly Undervalued. The stock's GF Value™ is €50.99, compared to a current price of €39.10 — trading 23.3% below its estimated fair value. The current Forward PE Ratio is 16.29 and 18.9% below the Medical Devices & Instruments industry median of 20.08. Siemens Healthineers AG's overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Forward PE Ratio calculated?
Forward PE Ratio is calculated from a company's financial statements. For Siemens Healthineers AG (LTS:0PMJ), the current Forward PE Ratio is 16.29 as of Aug. 07, 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 Healthineers AG (LTS:0PMJ) Overvalued in 2026?
Based on GuruFocus' analysis, Siemens Healthineers AG stock appears to be undervalued.
The current stock price of €39.10 is trading 23.3% below its estimated GF Value™ of €50.99.
GuruFocus considers Siemens Healthineers AG to be Modestly Undervalued.
Key valuation signals for LTS:0PMJ:
Forward PE Ratio: 16.29
GF Value™: €50.99 vs. price of €39.10 (23.3% below fair value)
Industry Position: 18.9% below the Medical Devices & Instruments median (#148 of 391)
No single metric tells the full story. See the LTS:0PMJ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Siemens Healthineers is engaged in therapeutic imaging, radiotherapy, laboratory, and point-of-care diagnostics. The imaging segment (56% of sales in fiscal 2025) includes magnetic resonance imaging, computed tomography, X-ray systems, molecular imaging, and ultrasound. The Varian segment (18% of sales) offers radiotherapy and other oncology solutions. The diagnostics segment (19%) includes in vitro diagnostics and point-of-care diagnostics. The advanced therapies (now part of precision therapy) segment (9%) products are designed to support image-guided minimally invasive treatments in cardiology, interventional radiology, and surgery. The Americas represents 44% of total sales, Europe, Middle East, and Africa 32%, and Asia-Pacific, including China (11%), the remainder.
85GF Score
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