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	36.6	44.90%	🇺🇸 USA
General Electric GE	37.0	46.65%	🇺🇸 USA
Danaher DHR	37.6	49.01%	🇺🇸 USA
Motorola Solutions MSI	40.1	58.71%	🇺🇸 USA
Nokia NOK	43.9	73.76%	🇫🇮 Finland
Philips PHG	22.3	-11.49%	🇳🇱 Netherlands
ABB ABBN.SW	29.7	17.47%	🇨🇭 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.