German (DAX) Banks Industry Analysis
UpdatedFeb 04, 2024
DataAggregated Company Financials
Companies4
- 7D-0.5%
- 3M3.0%
- 1Y4.9%
- YTD-2.5%
Over the last 7 days, the Banks industry has dropped 2.5%, driven by a pullback from Commerzbank of 3.3%. Over the past 12 months, the industry was up 15%. As for the next few years, earnings are expected to grow by 7.7% per annum.
Industry Valuation and Performance
Has the German Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 04 Feb 2024 | €14.1b | €10.5b | €2.2b | 8.9x | 6.3x | 1.3x |
| Tue, 02 Jan 2024 | €14.2b | €10.5b | €2.2b | 9.2x | 6.4x | 1.4x |
| Thu, 30 Nov 2023 | €14.9b | €10.5b | €2.2b | 9.3x | 6.7x | 1.4x |
| Sat, 28 Oct 2023 | €13.2b | €9.5b | €1.7b | 9.8x | 7.7x | 1.4x |
| Mon, 25 Sep 2023 | €12.8b | €9.5b | €1.7b | 9x | 7.4x | 1.3x |
| Wed, 23 Aug 2023 | €13.6b | €9.5b | €1.7b | 9.4x | 7.9x | 1.4x |
| Fri, 21 Jul 2023 | €15.0b | €9.4b | €1.6b | 9.6x | 9.3x | 1.6x |
| Sun, 18 Jun 2023 | €13.8b | €9.4b | €1.6b | 9.7x | 8.6x | 1.5x |
| Tue, 16 May 2023 | €13.1b | €9.0b | €1.3b | 10.2x | 10.3x | 1.5x |
| Thu, 13 Apr 2023 | €12.7b | €8.9b | €1.5b | 9.6x | 8.7x | 1.4x |
| Sat, 11 Mar 2023 | €14.7b | €8.9b | €1.5b | 10x | 9.9x | 1.6x |
| Mon, 06 Feb 2023 | €13.0b | €8.7b | €1.3b | 9.9x | 10.1x | 1.5x |
| Wed, 04 Jan 2023 | €11.9b | €8.7b | €1.3b | 9.3x | 9.3x | 1.4x |
| Fri, 02 Dec 2022 | €10.0b | €8.7b | €1.3b | 7.8x | 7.8x | 1.1x |
| Sun, 30 Oct 2022 | €10.7b | €8.9b | €1.5b | 7.4x | 7.3x | 1.2x |
| Tue, 27 Sep 2022 | €10.0b | €8.9b | €1.5b | 6.9x | 6.8x | 1.1x |
| Thu, 25 Aug 2022 | €8.3b | €8.9b | €1.5b | 5.7x | 5.6x | 0.9x |
| Sat, 23 Jul 2022 | €8.7b | €8.4b | €527.0m | 12x | 16.4x | 1x |
| Mon, 20 Jun 2022 | €10.2b | €8.4b | €526.5m | 13.2x | 19.3x | 1.2x |
| Wed, 18 May 2022 | €8.9b | €8.4b | €528.2m | 10.5x | 16.8x | 1.1x |
| Fri, 15 Apr 2022 | €8.4b | €8.4b | €378.1m | 13.3x | 22.3x | 1x |
| Sun, 13 Mar 2022 | €8.2b | €8.3b | €522.1m | 8x | 15.7x | 1x |
| Tue, 08 Feb 2022 | €11.5b | €7.9b | -€2,638,864,895.00 | 6.3x | -4.3x | 1.4x |
| Thu, 06 Jan 2022 | €9.8b | €7.9b | -€2,638,864,895.00 | 6.7x | -3.7x | 1.2x |
| Sat, 04 Dec 2021 | €8.6b | €7.9b | -€2,638,864,895.00 | 6.8x | -3.3x | 1.1x |
| Mon, 01 Nov 2021 | €8.5b | €7.7b | -€3,212,517,395.00 | 11.5x | -2.6x | 1.1x |
| Wed, 29 Sep 2021 | €7.7b | €7.7b | -€3,212,470,795.00 | 11x | -2.4x | 1x |
| Fri, 27 Aug 2021 | €7.2b | €7.7b | -€3,212,470,795.00 | 11.1x | -2.2x | 0.9x |
| Sat, 03 Jul 2021 | €8.1b | €7.7b | -€3,212,470,795.00 | 11x | -2.5x | 1.1x |
| Tue, 06 Apr 2021 | €7.2b | €7.7b | -€2,426,859,900.00 | 10.8x | -3x | 0.9x |
Price to Earnings Ratio
-2.5x
Current Industry PE
- Investors are optimistic on the German Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 6.5x which is higher than its 3-year average PE of 5.4x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- Total earnings for the Banks industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 15% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the German Financials industry?
| DE Market | -0.26% | |
| Financials | -0.23% | |
| Banks | -0.46% | |
| Regional Banks | 0% | |
| Diversified Banks | -0.46% | |
Industry PE
- Investors are most optimistic about the Diversified Banks industry which is trading above its 3-year average PE ratio of 5.4x.
- Analysts are expecting annual earnings growth of 7.7%, which is lower than the prior year's growth of 35.3% per year.
- Investors are most pessimistic about the Diversified Banks industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 5.4x.
Forecasted Growth
- Analysts are most optimistic on the Diversified Banks industry, expecting annual earnings growth of 7.7% over the next 5 years.
- However this is lower than its past earnings growth rate of 35% per year.
- In contrast, the Diversified Banks industry is expected to see its earnings grow by 7.7% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| No data available | |||||