Salzgitter AG (CHIX:SZGD) Shiller PE Ratio: (As of Sep. 21, 2026)

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Director of Data and Quant Analytics at GuruFocus
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CHIX:SZGD Salzgitter AG CHIX:SZGD
58 GF Score
Price €53.58
GF Value €29.40
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Salzgitter AG Shiller PE Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Salzgitter AG  (CHIX:SZGd) Shiller PE Ratio Explanation

Compared with the regular PE Ratio, which works poorly for cyclical businesses, the Shiller PE Ratio smoothed out the fluctuations of profit margins during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Shiller PE Ratio should give similar results to regular PE Ratio.

Compared with the PS Ratio, the Shiller PE Ratio makes the comparison between different industries more meaningful.


Be Aware

Shiller PE Ratio assumes that over the long term, businesses and profitability revert to their means. If a company's business model does not work in the future compared with the past, Shiller PE Ratio and PS Ratio will give false valuations.


Salzgitter AG Shiller PE Ratio Related Terms


Salzgitter AG Shiller PE Ratio Historical Data

* Premium members only.

The historical data trend for Salzgitter AG's Shiller PE 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.

Salzgitter AG Shiller PE Ratio Chart

Salzgitter AG Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shiller PE Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 37.35 11.26 9.59 19.68

Salzgitter AG Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Shiller PE 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 7.12 7.53 12.34 10.87 20.13

CHIX:SZGD vs NUE, STLD, RS: Shiller PE Ratio Comparison

For the Steel subindustry, Salzgitter AG's Shiller PE Ratio, along with its competitors' market caps and Shiller 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.


Salzgitter AG Shiller PE Ratio vs Steel Industry

For the Steel industry and Basic Materials sector, Salzgitter AG's Shiller PE Ratio distribution charts can be found below:

* The bar in red indicates where Salzgitter AG's Shiller PE Ratio falls into.


CHIX:SZGD
58GF Score
Salzgitter AG CHIX:SZGD
Shiller PE Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Salzgitter AG Shiller PE Ratio Calculation

For Shiller PE Ratio, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller PE Ratio is also called PE10.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Salzgitter AG's E10 for the quarter that ended in Jun. 2026 is calculated as:

For example, Salzgitter AG's adjusted earnings per share data for the three months ended in Jun. 2026 was:

Adj_EPS=Earnings per Share (Diluted)/CPI of Jun. 2026 (Change)*Current CPI (Jun. 2026)
=-0.7274/131.3638*131.3638
=-0.727

Current CPI (Jun. 2026) = 131.3638.

Salzgitter AG Quarterly Data

Earnings per Share (Diluted) CPI Adj_EPS
201609 0.080 101.017 0.104
201612 0.780 101.217 1.012
201703 0.830 101.417 1.075
201706 0.260 102.117 0.334
201709 0.830 102.717 1.061
201712 1.427 102.617 1.827
201803 1.120 102.917 1.430
201806 1.200 104.017 1.515
201809 1.000 104.718 1.254
201812 1.476 104.217 1.860
201903 1.660 104.217 2.092
201906 -0.033 105.718 -0.041
201909 -2.359 106.018 -2.923
201912 -3.825 105.818 -4.749
202003 -0.826 105.718 -1.027
202006 -1.875 106.618 -2.310
202009 -1.836 105.818 -2.279
202012 -0.588 105.518 -0.732
202103 1.385 107.518 1.692
202106 2.818 108.486 3.412
202109 4.354 109.435 5.227
202112 2.187 110.384 2.603
202203 6.796 113.968 7.834
202206 7.590 115.760 8.613
202209 3.016 118.818 3.334
202212 2.592 119.345 2.853
202303 2.572 122.402 2.760
202306 0.337 123.140 0.359
202309 0.605 124.195 0.640
202312 0.187 123.773 0.198
202403 0.239 125.038 0.251
202406 -0.643 125.882 -0.671
202409 -3.334 126.198 -3.470
202412 -2.773 127.041 -2.868
202503 -0.662 127.779 -0.680
202506 -1.019 128.412 -1.042
202509 0.753 129.255 0.765
202512 -0.444 129.361 -0.451
202603 1.487 131.258 1.488
202606 -0.727 131.364 -0.727

Add all the adjusted EPS together and divide 10 will get our E10.

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.

Is Salzgitter AG (CHIX:SZGD) Overvalued in 2026?

Based on GuruFocus' analysis, Salzgitter AG stock appears to be overvalued. The current stock price of €53.58 is trading 82.2% above its estimated GF Value™ of €29.40. GuruFocus considers Salzgitter AG to be Significantly Overvalued.

Key valuation signals for CHIX:SZGD:

  • Shiller PE Ratio:
  • GF Value™: €29.40 vs. price of €53.58 (82.2% above fair value)
  • GF Score™: 58/100 with 4 warning signs

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


Salzgitter AG Business Description

Address Eisenhuttenstrasse 99, Salzgitter, DEU, 38239
Salzgitter AG operates as a holding company. It has four divisions: Steel Production, Steel Processing, Trading and Technology. The majority is derived from the Steel Production segment, which manufactures high-quality branded steel & special steel. Its core product offerings include strip steel articles, seamless and welded steel pipes and tubes, and heavy plate count.
58GF Score

Get the complete analysis for CHIX:SZGD

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

€53.58
Price
€29.40
GF Value