Siemens Share Price: Share price of Siemens as Sensex drops 43.93 points
The share price of Siemens Ltd. 0.09 per cent to Rs 7640.30 at 11:01AM (IST) in Friday’s trade. The scrip has hit a high of Rs 7759.60 and low of Rs 7596.50 so far during the session. The stock had closed at Rs 7633.05 in the previous session.
The counter has had a total traded volume of 1089 shares so far with a value of Rs 0.84 crore on the NSE. It traded at a price-to-earnings multiple of 100.33 and a price-to-book ratio of 16.80.
A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no…