Header cover image

German (DAX) Capital Markets Industry Analysis

UpdatedJan 15, 2026
DataAggregated Company Financials
Companies109
  • 7D0.6%
  • 3M4.5%
  • 1Y34.3%
  • YTD-0.4%

In the last week, Capital Markets has been flat. The past year has been better, since the industry has gained 34% in that time. Earnings are forecast to grow by 7.4% annually.

Industry Valuation and Performance

Has the German Capital Markets Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 15 Jan 2026€129.0b€53.7b€8.7b14.2x14.7x2.4x
Sat, 13 Dec 2025€123.5b€53.5b€8.7b14.6x14.1x2.3x
Mon, 10 Nov 2025€121.0b€53.2b€8.7b14.9x13.9x2.3x
Wed, 08 Oct 2025€122.7b€53.2b€8.9b16.9x13.8x2.3x
Fri, 05 Sep 2025€126.4b€53.1b€8.9b15.8x14.2x2.4x
Sun, 03 Aug 2025€122.9b€52.2b€8.7b19.2x14.2x2.4x
Tue, 01 Jul 2025€121.4b€49.8b€6.4b25.8x19x2.4x
Thu, 29 May 2025€121.4b€49.8b€6.4b22.3x19.1x2.4x
Sat, 26 Apr 2025€116.3b€48.5b€5.7b27.3x20.4x2.4x
Mon, 24 Mar 2025€114.6b€49.8b€6.7b22.2x17.2x2.3x
Wed, 19 Feb 2025€105.4b€48.4b€5.7b18.9x18.4x2.2x
Fri, 17 Jan 2025€96.4b€48.8b€6.7b19x14.5x2x
Sun, 15 Dec 2024€92.9b€51.8b€6.7b20.3x13.9x1.8x
Tue, 12 Nov 2024€89.1b€51.5b€6.7b20.6x13.4x1.7x
Thu, 10 Oct 2024€88.2b€51.1b€6.2b22.8x14.2x1.7x
Sat, 07 Sep 2024€84.0b€51.2b€6.2b25.4x13.5x1.6x
Mon, 05 Aug 2024€77.5b€50.9b€6.5b20.7x12x1.5x
Wed, 03 Jul 2024€83.8b€50.0b€7.3b21.4x11.5x1.7x
Fri, 31 May 2024€84.1b€50.1b€7.3b21.6x11.5x1.7x
Sun, 28 Apr 2024€85.7b€49.8b€7.4b20.6x11.5x1.7x
Tue, 26 Mar 2024€81.6b€49.5b€7.2b21.4x11.4x1.6x
Thu, 22 Feb 2024€76.0b€45.1b€7.1b23.9x10.7x1.7x
Sat, 20 Jan 2024€77.4b€49.1b€7.7b25x10.1x1.6x
Mon, 18 Dec 2023€75.3b€49.2b€7.7b22x9.8x1.5x
Wed, 15 Nov 2023€70.0b€49.2b€7.7b22.3x9.1x1.4x
Fri, 13 Oct 2023€68.1b€48.5b€7.6b18.5x8.9x1.4x
Sun, 10 Sep 2023€67.6b€48.4b€7.6b22.2x8.9x1.4x
Tue, 08 Aug 2023€69.3b€47.1b€6.6b19x10.6x1.5x
Thu, 06 Jul 2023€67.6b€47.4b€7.7b17.4x8.8x1.4x
Sat, 03 Jun 2023€68.6b€47.6b€7.8b14.8x8.8x1.4x
Mon, 01 May 2023€69.1b€47.7b€7.8b11.8x8.8x1.4x
Wed, 29 Mar 2023€67.5b€46.9b€7.8b9.9x8.7x1.4x
Fri, 24 Feb 2023€70.4b€45.5b€7.8b10.1x9x1.5x
Sun, 22 Jan 2023€71.8b€46.4b€6.2b9.1x11.6x1.5x
Price to Earnings Ratio

11.6x


Total Market Cap: €71.8bTotal Earnings: €6.2bTotal Revenue: €46.4bTotal Market Cap vs Earnings and Revenue0%0%0%
German Capital Markets Industry Price to Earnings3Y Average 12.7x202420252026
Current Industry PE
  • Investors are optimistic on the German Capital Markets industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 14.7x which is higher than its 3-year average PE of 12.7x.
  • The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have grown 12% per year over the last three years.
  • Revenues for these companies have grown 4.9% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the German Financials industry?

DE Market0.33%
Financials-0.31%
Capital Markets0.62%
Diversified Capital Markets1.95%
Investment Banking and Brokerage1.35%
Asset Management-0.59%
Financial Exchanges and Data-1.12%
Industry PE
  • Investors are most optimistic about the Investment Banking and Brokerage industry, which is trading close to its 3-year average PE ratio of 32.3x.
    • Analysts are expecting annual earnings growth of 18.1%, which is lower than the prior year's growth of 58.7% per year.
  • Investors are most pessimistic about the Diversified Capital Markets industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 8.1x.
Forecasted Growth
  • Analysts are most optimistic on the Investment Banking and Brokerage industry, expecting annual earnings growth of 18% over the next 5 years.
  • However this is lower than its past earnings growth rate of 59% per year.
  • In contrast, the Asset Management industry is expected to see its earnings grow by 5.1% 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
DBK Deutsche Bank€33.651.3%
+€810.3m
84.9%PE12.4x
FTK flatexDEGIRO€38.423.5%
+€139.1m
143.8%PE28.1x
DWS DWS Group GmbH KGaA€58.801.0%
+€120.0m
44.0%PE14.6x
T2G Tradegate Wertpapierhandelsbank€87.003.0%
+€60.9m
-1.7%PE53x
MUX Mutares SE KGaA€34.507.5%
+€51.2m
36.4%PE15.6x

Latest News