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German (DAX) Luxury Industry Analysis

UpdatedNov 11, 2025
DataAggregated Company Financials
Companies12
  • 7D2.9%
  • 3M-2.5%
  • 1Y-28.3%
  • YTD-33.1%

The Luxury industry is up 2.0% in the last week, with adidas up 3.5%. In contrast, the industry has lost 29% in the last 12 months. Earnings are forecast to grow by 25% annually.

Industry Valuation and Performance

Has the German Luxury Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 13 Nov 2025€33.4b€37.8b€1.2b17.9x28.6x0.9x
Sat, 11 Oct 2025€39.9b€38.0b€1.3b18.2x29.9x1x
Mon, 08 Sep 2025€37.5b€38.0b€1.3b18.7x28.2x1x
Wed, 06 Aug 2025€35.6b€38.0b€1.3b12.9x26.6x0.9x
Fri, 04 Jul 2025€43.6b€38.1b€1.4b15.4x30.2x1.1x
Sun, 01 Jun 2025€45.8b€38.1b€1.4b15.8x31.7x1.2x
Tue, 29 Apr 2025€45.1b€37.4b€1.3b15.9x35.6x1.2x
Thu, 27 Mar 2025€46.0b€37.4b€1.3b14.2x36.3x1.2x
Sat, 22 Feb 2025€51.6b€35.9b€871.2m16.3x59.2x1.4x
Mon, 20 Jan 2025€52.4b€35.9b€871.2m23.2x60.1x1.5x
Wed, 18 Dec 2024€53.1b€35.9b€874.6m26x60.7x1.5x
Fri, 15 Nov 2024€49.0b€36.1b€864.5m26.8x56.7x1.4x
Sun, 13 Oct 2024€50.2b€35.6b€691.4m20.6x72.6x1.4x
Tue, 10 Sep 2024€46.8b€35.6b€691.2m22.4x67.7x1.3x
Thu, 08 Aug 2024€47.3b€35.8b€694.6m20.1x68x1.3x
Sat, 06 Jul 2024€49.1b€35.0b€641.1m23.8x76.6x1.4x
Mon, 03 Jun 2024€52.3b€35.0b€641.1m25.9x81.5x1.5x
Wed, 01 May 2024€50.8b€35.0b€670.2m21.4x75.9x1.5x
Fri, 29 Mar 2024€47.4b€34.8b€475.5m17.9x99.8x1.4x
Sun, 25 Feb 2024€44.9b€35.7b€361.3m19.3x124.1x1.3x
Tue, 23 Jan 2024€40.6b€35.7b€361.3m18.6x112.2x1.1x
Thu, 21 Dec 2023€48.2b€35.7b€438.2m19.3x110x1.4x
Sat, 18 Nov 2023€44.5b€35.8b€427.3m16.7x104.2x1.2x
Mon, 16 Oct 2023€41.9b€36.2b€247.5m17.3x169.5x1.2x
Wed, 13 Sep 2023€45.4b€36.2b€247.5m19.6x183.6x1.3x
Fri, 11 Aug 2023€47.7b€36.2b€247.6m18x192.6x1.3x
Sun, 09 Jul 2023€40.0b€36.1b€520.8m18.8x76.7x1.1x
Tue, 06 Jun 2023€37.6b€36.2b€520.8m18x72.2x1x
Thu, 04 May 2023€40.9b€36.0b€846.7m22.1x48.3x1.1x
Sat, 01 Apr 2023€42.7b€35.7b€870.7m16.3x49x1.2x
Mon, 27 Feb 2023€40.3b€35.0b€1.5b16.3x27.4x1.2x
Wed, 25 Jan 2023€42.7b€35.0b€1.5b15.7x29.1x1.2x
Fri, 23 Dec 2022€36.6b€35.0b€1.5b14.7x24.9x1x
Sun, 20 Nov 2022€34.9b€35.0b€1.5b14.5x23.7x1x
Price to Earnings Ratio

23.7x


Total Market Cap: €34.9bTotal Earnings: €1.5bTotal Revenue: €35.0bTotal Market Cap vs Earnings and Revenue0%0%0%
German Luxury Industry Price to Earnings3Y Average 70.9x202320242025
Current Industry PE
  • Investors are pessimistic on the German Luxury industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 28.6x which is lower than its 3-year average PE of 70.9x.
  • The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.88x.
Past Earnings Growth
  • The earnings for companies in the Luxury industry have declined 7.3% per year over the last three years.
  • Meanwhile revenues for these companies have grown 2.6% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the German Consumer Discretionary industry?

DE Market1.29%
Consumer Discretionary2.40%
Luxury2.89%
Apparel, Accessories and Luxury Goods3.14%
Textiles0%0
Footwear-0.18%
Industry PE
  • Investors are most optimistic about the Apparel, Accessories and Luxury Goods industry even though it's trading below its 3-year average PE ratio of 82.1x.
    • Analysts are expecting annual earnings growth of 20.8%, which is higher than its past year's earnings growth of 4.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Footwear industry, expecting annual earnings growth of 77% over the next 5 years.
  • In contrast, the Apparel, Accessories and Luxury Goods industry is expected to see its earnings grow by 21% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
ADS adidas€164.803.5%
+€990.9m
-24.0%PE24.3x
ELB elumeo€2.364.4%
+€592.7k
16.8%PS0.3x
AAH Ahlers€0.01121.1%
+€27.4k
109.1%n/a