Investors are pessimistic on the German Oil and Gas 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 12.9x which is lower than its 3-year average PE of 17.8x.
The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 0.88x.
Past Earnings Growth
The earnings for companies in the Oil and Gas industry have grown 24% per year over the last three years.
Revenues for these companies have grown 27% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Which industries have driven the changes within the German Energy industry?
Oil and Gas
Oil and Gas Storage and Transportation
Coal and Fuels
Oil and Gas Exploration and Production
Integrated Oil and Gas
Oil and Gas Refining and Marketing
Investors are most optimistic about the Oil and Gas Storage and Transportation industry which is trading above its 3-year average PE ratio of 22.4x.
Analysts are expecting annual earnings growth of 55.6%, which is higher than its past year's earnings decline of 92.9% per year.
Investors are most pessimistic about the Oil and Gas Exploration and Production industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 3.6x.
Analysts are most optimistic on the Oil and Gas Storage and Transportation industry, expecting annual earnings growth of 56% over the next 5 years.
This is better than its past earnings decline of 93% per year.
In contrast, the Oil and Gas Exploration and Production industry is expected to see its earnings decline by 4.9% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?