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German (DAX) Capital Markets Industry Analysis

UpdatedMar 23, 2026
DataAggregated Company Financials
Companies112
  • 7D-2.7%
  • 3M-10.5%
  • 1Y0.9%
  • YTD-10.2%

Over the last 7 days, the Capital Markets industry has dropped 1.5%, driven by a pullback from Deutsche Bank of 2.9%. Over the last year, the industry has been flat overall. As for the next few years, earnings are expected to grow by 6.9% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Mon, 23 Mar 2026€116.0b€54.1b€9.6b14x12.1x2.1x
Wed, 18 Feb 2026€122.9b€53.1b€9.9b12.6x12.5x2.3x
Fri, 16 Jan 2026€129.4b€53.7b€8.7b15.6x14.8x2.4x
Sun, 14 Dec 2025€123.4b€53.5b€8.7b14.6x14.1x2.3x
Tue, 11 Nov 2025€123.7b€53.2b€8.7b14.9x14.2x2.3x
Thu, 09 Oct 2025€124.1b€53.2b€8.9b17x13.9x2.3x
Sat, 06 Sep 2025€125.2b€53.1b€8.9b15.8x14.1x2.4x
Mon, 04 Aug 2025€122.9b€52.4b€8.7b19.2x14.1x2.3x
Wed, 02 Jul 2025€121.4b€49.8b€6.4b25.8x19x2.4x
Fri, 30 May 2025€121.2b€49.8b€6.4b22.8x19x2.4x
Sun, 27 Apr 2025€116.2b€48.5b€5.7b27.3x20.4x2.4x
Tue, 25 Mar 2025€114.9b€49.8b€6.7b22.2x17.2x2.3x
Thu, 20 Feb 2025€105.4b€48.4b€5.7b18.9x18.4x2.2x
Sat, 18 Jan 2025€97.4b€48.8b€6.7b19x14.6x2x
Mon, 16 Dec 2024€92.9b€51.8b€6.7b20.3x13.9x1.8x
Wed, 13 Nov 2024€87.6b€51.7b€6.7b20.5x13.1x1.7x
Fri, 11 Oct 2024€87.9b€51.1b€6.2b22.7x14.2x1.7x
Sun, 08 Sep 2024€84.0b€51.2b€6.2b25.4x13.5x1.6x
Tue, 06 Aug 2024€75.9b€50.9b€6.5b19.8x11.7x1.5x
Thu, 04 Jul 2024€84.7b€50.0b€7.3b20.2x11.7x1.7x
Sat, 01 Jun 2024€84.3b€50.1b€7.3b21.8x11.5x1.7x
Mon, 29 Apr 2024€85.7b€49.8b€7.4b20.6x11.5x1.7x
Wed, 27 Mar 2024€82.1b€49.5b€7.2b21.5x11.5x1.7x
Fri, 23 Feb 2024€76.9b€45.1b€7.1b23.4x10.9x1.7x
Sun, 21 Jan 2024€77.4b€49.1b€7.7b25x10.1x1.6x
Tue, 19 Dec 2023€75.3b€49.2b€7.7b22.1x9.8x1.5x
Thu, 16 Nov 2023€70.4b€49.2b€7.7b22.2x9.2x1.4x
Sat, 14 Oct 2023€67.0b€48.5b€7.6b18.5x8.8x1.4x
Mon, 11 Sep 2023€67.6b€48.4b€7.6b22.2x8.9x1.4x
Wed, 09 Aug 2023€68.4b€47.1b€6.6b19x10.4x1.5x
Fri, 07 Jul 2023€65.5b€47.4b€7.7b17.4x8.6x1.4x
Sun, 04 Jun 2023€68.6b€47.6b€7.8b14.8x8.8x1.4x
Tue, 02 May 2023€69.3b€47.7b€7.8b11.8x8.9x1.5x
Thu, 30 Mar 2023€68.2b€43.6b€7.7b9.4x8.8x1.6x
Price to Earnings Ratio

8.8x


Total Market Cap: €68.2bTotal Earnings: €7.7bTotal Revenue: €43.6bTotal Market Cap vs Earnings and Revenue0%0%0%
German Capital Markets Industry Price to Earnings3Y Average 12.9x202420252026
Current Industry PE
  • Investors are relatively neutral on the German Capital Markets industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 12.9x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Capital Markets industry have grown 7.0% 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 Market-4.00%
Financials-2.44%
Capital Markets-2.70%
Asset Management-0.85%
Investment Banking and Brokerage-1.61%
Financial Exchanges and Data-1.74%
Diversified Capital Markets-4.40%
Industry PE
  • Investors are most optimistic about the Investment Banking and Brokerage industry even though it's trading below its 3-year average PE ratio of 33.0x.
    • Analysts are expecting annual earnings growth of 19.0%, which is lower than the prior year's growth of 58.7% per year.
  • Investors are most pessimistic about the Diversified Capital Markets industry, which is trading close to its 3-year average of 8.3x.
Forecasted Growth
  • Analysts are most optimistic on the Investment Banking and Brokerage industry, expecting annual earnings growth of 19% 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 2.8% 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
BFV Berliner Effektengesellschaft€71.501.4%
+€13.0m
10.0%PE43.3x
XE8 Black Sea Property€0.01915.2%
+€6.1m
533.3%PE57.5x
BWB Baader Bank€6.851.5%
+€4.9m
47.6%PE6.9x
A7A Heliad€14.203.6%
+€4.2m
8.4%PE57.2x
JDC JDC Group€22.000.9%
+€2.7m
2.3%PE32.8x

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