Siemens (BOM:500550) PB Ratio: 9.11 (As of Aug. 17, 2026) — 122% Above Median

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Director of Data and Quant Analytics at GuruFocus
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BOM:500550 Siemens Ltd BOM:500550
77 GF Score
Price ₹3,930.10
GF Value ₹3,684.00
Valuation Fairly Valued
! 5 Warning Signs
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What is Siemens PB Ratio?

Siemens BOM:500550 -1.62% 77 PB Ratio is 9.11 as of Aug. 17, 2026, which is 122% above its 10-year median of 4.10. GuruFocus rates BOM:500550 with a GF Score™ of 77/100 and a GF Value™ of ₹3,684.00 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,983 Industrial Products companies, Siemens ranks worse than 91.32% on this metric.

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2026-08-17), Siemens's share price is ₹3930.10. Siemens's Book Value per Share for the fiscal year that ended in Sep. 2024 was ₹431.22. Hence, Siemens's PB Ratio of today is 9.11.

The historical rank and industry rank for Siemens's PB Ratio or its related term are showing as below:

BOM:500550' s PB Ratio Range Over the Past 10 Years
Min: 2.18   Med: 4.1   Max: 11.7
Current: 9.11

During the past 13 years, Siemens's highest PB Ratio was 11.70. The lowest was 2.18. And the median was 4.10.

BOM:500550's PB Ratio is ranked worse than
91.32% of 2983 companies
in the Industrial Products industry
Industry Median: 2.23 vs BOM:500550: 9.11

During the past 12 months, Siemens's average Book Value Per Share Growth Rate was -100.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 11.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Siemens was 37.00% per year. The lowest was 3.10% per year. And the median was 13.15% per year.

Back to Basics: PB Ratio


Siemens  (BOM:500550) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Siemens PB Ratio Related Terms


Siemens PB Ratio Historical Data

* Premium members only.

The historical data trend for Siemens's PB 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 PB Ratio Chart

Siemens Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.79 4.30 4.99 5.87 9.86

Siemens Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
PB 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 0.00 8.43 0.00 0.00 0.00

BOM:500550 vs GEV, ETN, PH: PB Ratio Comparison

For the Specialty Industrial Machinery subindustry, Siemens's PB Ratio, along with its competitors' market caps and PB 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 PB Ratio vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Siemens's PB Ratio distribution charts can be found below:

* The bar in red indicates where Siemens's PB Ratio falls into.


BOM:500550
77GF Score
Siemens Ltd BOM:500550
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Siemens PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Siemens's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (A: Sep. 2024)
=3930.10/431.221
=9.11

* 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.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 9.11 mean?
Siemens (BOM:500550) has a PB Ratio of 9.11 as of Aug. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Siemens and its competitors. This is 122% above median its historical median of 4.10. Over the past decade, Siemens' PB Ratio has ranged from 2.18 to 11.70. According to the industry distribution chart, Siemens ranks #2724 out of 2983 companies in the Industrial Products industry, placing it in the top 91.3%.
Is Siemens' PB Ratio too high?
Siemens' current PB Ratio of 9.11 is 122% above median its 10-year median of 4.10. Over the past 10 years, this metric has ranged from a low of 2.18 to a high of 11.70. The Industrial Products industry median PB Ratio is 2.23. Siemens' value of 9.11 is 308.5% above this industry median. Based on the distribution chart, Siemens ranks #2724 out of 2983 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Siemens has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Siemens' PB Ratio compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Siemens ranks #2724 out of 2983 companies for PB Ratio. This places Siemens in the lower half of its industry. The industry median PB Ratio is 2.23. Siemens' value of 9.11 is 308.5% above this benchmark. Historically, Siemens' own PB Ratio has ranged from 2.18 to 11.70 over the past decade. While the company's 10-year median is 4.10 vs. the industry median of 2.23, Siemens 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 PB Ratio for an Industrial Products company?
The median PB Ratio among Industrial Products companies is 2.23, based on 2,983 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Siemens's current PB Ratio of 9.11 is 308.5% 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 PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Siemens and its competitors. For the Industrial Products industry, the median PB Ratio is 2.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Siemens's current PB Ratio is 9.11, which is 122% above median its own 10-year median of 4.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siemens stock overvalued right now?
Based on GuruFocus' analysis, Siemens (BOM:500550) is currently considered Fairly Valued. The stock's GF Value™ is ₹3,684.00, compared to a current price of ₹3,930.10 — trading 6.7% above its estimated fair value. The current PB Ratio is 9.11, which is 122% above median its 10-year median of 4.10 and 308.5% above the Industrial Products industry median of 2.23. Siemens' overall GF Score™ is 77/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Siemens (BOM:500550), the current PB Ratio is 9.11 as of Aug. 17, 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 (BOM:500550) Overvalued in 2026?

Based on GuruFocus' analysis, Siemens stock appears to be overvalued. The current stock price of ₹3,930.10 is trading 6.7% above its estimated GF Value™ of ₹3,684.00. GuruFocus considers Siemens to be Fairly Valued.

Key valuation signals for BOM:500550:

  • PB Ratio: 9.11 (122% above median its 10-year median of 4.10)
  • GF Value™: ₹3,684.00 vs. price of ₹3,930.10 (6.7% above fair value)
  • GF Score™: 77/100 with 5 warning signs
  • Industry Position: 308.5% above the Industrial Products median (#2724 of 2983)

No single metric tells the full story. See the BOM:500550 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Siemens Business Description

Other Exchanges SIEMENS:India
Address Dr. Annie Besant Road, Birla Aurora, Level 21, Plot No. 1080, Worli, Mumbai, MH, IND, 400030
Siemens Ltd produces systems and solutions for electrification, automation, and digitalization. The company's business segments are; Energy, Smart Infrastructure, Mobility, Digital Industries, and others. The Smart Infrastructure segment derives maximum revenue which functions as a supplier of products, systems, solutions, and services for the transmission and distribution of electrical energy for power utilities, industrial companies, and infrastructure segments. The products and services portfolio under this segment includes systems for low and medium-voltage distribution, solutions for smart grids and energy automation, low-voltage power supply systems, provides intelligent and connected infrastructure for grids and buildings. Geographically, it derives maximum revenue from India.
77GF Score

Get the complete analysis for BOM:500550

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

₹3,930.10
Price
₹3,684.00
GF Value