Case study

SIEMENS

Siemens Limited

Worth a closer look1y model +9.1%

Each stock's 10,000-path forecast, rendered as light.

60Score

Siemens Limited (SIEMENS) Stock Analysis & Case Study

Is SIEMENS a good buy? The data-driven verdict.

Siemens Limited (SIEMENS) trades at ₹3,940,on the numbers it worth a closer look, a Downstox Snapshot Score of 60/100.

On the numbers, Siemens Limited (SIEMENS) worth a closer look, a Downstox Snapshot Score of 60/100, weighing expensive at 50.0× earnings, ROE of 19.2%, a 61% model probability of trading higher in a year. Below: the full bull case, bear case, sector-relative valuation, and a probability-weighted price target for 2027-2031.

Last updated . Data snapshot for research, not investment advice.

SIEMENS fundamentals at a glance, PE, PB, ROE, ROCE, market cap, dividend yield

Market cap
₹1.40L Cr
Current price
₹3,940
P/E ratio
50.0×
P/B ratio
10.13×
Book value
₹389
Dividend yield
0.46%
ROCE
21.4%
ROE
19.2%
Piotroski F-Score
6/8

How SIEMENS ranks against the 2,373 companies in our screener

Is SIEMENS overvalued? SIEMENS P/E vs its Capital Goods

SIEMENS's P/E of 50.0× sits below the Capital Goods peer median of 58.0×, so on earnings it screens cheaper than peers, while its 0.46% dividend yield is above the peer median of 0.46%.

SIEMENS P/E
50.0×
Peer median P/E
58.0×
SIEMENS div yield
0.46%
Peer median yield
0.46%

SIEMENS share price target 2027, 2028, 2029, 2030, 2031, a probability view

Unlike a single guessed number, this is a probability-weighted range from a 10,000-path Monte-Carlo simulation on 9.8y of SIEMENS history (17%/yr drift, 32%/yr volatility).

YearLow (P10)Median target (P50)High (P90)Upside vs today
SIEMENS 2027₹2,842₹4,299₹6,501+9%
SIEMENS 2028₹2,593₹4,690₹8,482+19%
SIEMENS 2029₹2,480₹5,116₹10,554+30%
SIEMENS 2030₹2,449₹5,582₹12,722+42%
SIEMENS 2031₹2,428₹6,090₹15,274+55%

Median (P50) is the central estimate; the P10-P90 band is the 80% confidence range. Probabilities, not promises.

What is the probability SIEMENS goes up, or doubles?

61%
Higher in 1 year
Modelled chance the price is above today in 12 months
73%
Higher in 5 years
Modelled chance the price is above today in 5 years
36%
Doubles in 5 years
Modelled chance of reaching ₹7,880 within 5 years

The bull case for SIEMENS

  • SIEMENS's return on equity of 19.2% ranks in the 82nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • SIEMENS's return on capital employed of 21.4% ranks in the 83rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A 10,000-path probability model puts a 61% chance the price is higher in a year, with a median target of ₹4,299 (+9%).
  • Upside scenario: the model's optimistic (P90) 3-year path reaches ₹10,554.

The bear case & risks

  • SIEMENS's P/E of 50.0x is lower than 27% of the 2,373 NSE companies in our screener, as of 9 Aug 2026.
  • A steep 10.1× price-to-book means most of the value is intangible/expectations, not assets on the books.
  • Downside scenario: the model's pessimistic (P10) 3-year path falls to ₹2,480.

SIEMENS volatility & expected range, how bumpy is the ride?

Over the last 9.8 years SIEMENS compounded at 17%/year with annualized volatility of 32%. That volatility implies a 1-year 80% range of ₹2,842-₹6,501, the honest backbone behind any single price target.

SIEMENS price forecast, the full 60-month probability fan

Spot Price · Today
₹0
Based on 9.8 years of daily NSE data ·0.0% annualised volatility
5-yr median forecast
₹0
P(price ↑ in 5y)
0%
1-Year Forecast
2027
₹0
Median (P50)
9.1%
80% range₹2,842-₹6,501
P(price ↑)61%
P(price 2×)3%
3-Year Forecast
2029
₹0
Median (P50)
29.9%
80% range₹2,480-₹10,554
P(price ↑)68%
P(price 2×)22%
5-Year Forecast
2031
₹0
Median (P50)
54.6%
80% range₹2,428-₹15,274
P(price ↑)73%
P(price 2×)36%

SIEMENS price probability fan

Each band shows where 10,000 simulated paths land. The wider the fan, the more uncertainty.

Probability Fan
SIEMENS simulated paths · 60 months · 10,000 trials
P10-P90 (80%)P25-P75 (50%)Median (P50)

Probability of key outcomes

What are the odds SIEMENS hits common targets within the simulated horizon?

0%
P(↑ 1Y)
Above today's price in 1 year
0%
P(↑ 5Y)
Above today's price in 5 years
0%
P(2×)
Doubles within 5 years
0%
P(↓)
Falls below today in 5 years

Full multi-horizon detail on the SIEMENS price target & forecast page.

SIEMENS Piotroski F-Score: 6/8, how financially strong is it?

6/8

The Piotroski F-Score grades financial strength on profitability, leverage and efficiency checks. Downstox scores the eight checks it can verify from published filings, so 8 is full marks. SIEMENS scores 6/8, mixed financial health.

SIEMENS MTF margin & leverage across 11 brokers

Margin Trading Facility lets you buy SIEMENS with part of the capital. Lower margin % = higher leverage. Rates compared across 11 brokers (no competitor publishes this):

BrokerMargin requiredApprox. leverage
Upstox27.11%3.7×
Zerodha26.10%3.8×
Groww26.12%3.8×
Dhan24.00%4.2×
Kotak NeoCHEAPEST23.58%4.2×
Paytm Money24.51%4.1×
Pocketful30.88%3.2×
Fyers31.25%3.2×
Anand Rathi30.58%3.3×
Bajaj Broking25.00%4.0×
Share India30.66%3.3×

Compare every broker on the SIEMENS MTF page.

SIEMENS vs peers,Capital Goods comparison

StockP/EDiv yieldMarket cap
SIEMENS (this stock)50.0×0.46%₹1.40L Cr
BHEL58.0×0.35%₹1.41L Cr
CUMMINSIND61.7×1.22%₹1.50L Cr
ABB104.0×0.52%₹1.61L Cr
CGPOWER109.0×0.15%₹1.38L Cr
POLYCAB48.5×0.51%₹1.39L Cr
KEI53.7×0.08%₹53,536 Cr

Fundamentals from Screener.in, as of 9 Aug 2026

About Siemens Limited: sector, index & market-cap context

Siemens Limited (SIEMENS) is a large-cap NSE-listed company in the Capital Goods sector, and a constituent of the Nifty 500 index, with a market capitalisation of ₹1.40L Cr. See more stocks on our screener.

How the SIEMENS Snapshot Score & forecast are built

The Downstox Snapshot Score is a transparent, rules-based read of Siemens Limited's public fundamentals plus a statistical forecast, not an analyst opinion. It rewards low-to-fair valuation, high ROE/ROCE, a strong Piotroski F-Score, a dividend, low volatility and a favourable probability of upside; it penalises rich valuations, weak capital efficiency, a low F-Score and high volatility. The price target is a 10,000-path Monte-Carlo simulation on real historical volatility, a distribution, not a single guess. The bull and bear cases are generated from the same data, so you always see both sides.

This is information, not investment advice. Do your own due diligence and consult a SEBI-registered adviser before investing.

SIEMENS analysis, FAQs

Is Siemens Limited (SIEMENS) a good buy?

On the numbers, Siemens Limited (SIEMENS) worth a closer look, a Downstox Snapshot Score of 60/100, weighing expensive at 50.0× earnings, ROE of 19.2%, a 61% model probability of trading higher in a year. This is a data snapshot for research, not investment advice.

Is SIEMENS overvalued or undervalued?

SIEMENS trades at 50.0× earnings versus a peer median of 58.0×, so it screens cheaper than its Capital Goods peers.

What is the SIEMENS share price target for 2031?

SIEMENS's probability-weighted 2031 median target is ₹6,090, with an 80% range of ₹2,428-₹15,274 (10,000-path Monte-Carlo).

What is the probability SIEMENS doubles in 5 years?

The modelled probability of SIEMENS reaching ₹7,880 (2×) within 5 years is 36%.

What is the bull case for SIEMENS?

SIEMENS's return on equity of 19.2% ranks in the 82nd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. SIEMENS's return on capital employed of 21.4% ranks in the 83rd percentile of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A 10,000-path probability model puts a 61% chance the price is higher in a year, with a median target of ₹4,299 (+9%).

What are the risks in SIEMENS?

SIEMENS's P/E of 50.0x is lower than 27% of the 2,373 NSE companies in our screener, as of 9 Aug 2026. A steep 10.1× price-to-book means most of the value is intangible/expectations, not assets on the books.

More on SIEMENS