P/E ratio for Siemens (SIE.DE)

P/E ratio history for Siemens from 2001 to 2023

PE ratio at the end of each year

P/E ratio for similar companies or competitors

Company	P/E ratio	P/E ratio differencediff.	Country
Thermo Fisher Scientific TMO	37.6	46.01%	🇺🇸 USA
General Electric GE	38.3	48.99%	🇺🇸 USA
Danaher DHR	38.3	49.09%	🇺🇸 USA
Motorola Solutions MSI	41.0	59.45%	🇺🇸 USA
Nokia NOK	47.1	83.05%	🇫🇮 Finland
Philips PHG	22.6	-11.95%	🇳🇱 Netherlands
ABB ABBN.SW	30.2	17.23%	🇨🇭 Switzerland

How to read a P/E ratio?

The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.

Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.