German (DAX) Insurance Industry Analysis

UpdatedMar 02, 2026

DataAggregated Company Financials

Companies9

7D1.3%
3M2.3%
1Y9.3%
YTD-0.4%

In the last week, the Insurance industry is up 1.3%, with Münchener Rückversicherungs-Gesellschaft in München up 1.7%. This takes the industry's 12 month performance to a gain of 9.3%. As for the next few years, earnings are expected to grow by 5.5% per annum.

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 03 Mar 2026	€277.9b	€253.5b	€21.1b	12.2x	13.2x	1.1x
Thu, 29 Jan 2026	€262.8b	€248.0b	€21.6b	11.5x	12.2x	1.1x
Sat, 27 Dec 2025	€285.2b	€248.0b	€21.6b	12.8x	13.2x	1.1x
Mon, 24 Nov 2025	€268.1b	€248.0b	€21.6b	12.2x	12.4x	1.1x
Wed, 22 Oct 2025	€264.6b	€256.4b	€20.1b	12.9x	13.2x	1x
Fri, 19 Sep 2025	€260.2b	€256.4b	€20.1b	12.9x	13x	1x
Sun, 17 Aug 2025	€280.9b	€254.3b	€20.0b	14x	14x	1.1x
Tue, 15 Jul 2025	€268.2b	€251.8b	€18.6b	15.1x	14.4x	1.1x
Thu, 12 Jun 2025	€271.7b	€251.8b	€18.6b	15.2x	14.6x	1.1x
Sat, 10 May 2025	€280.2b	€247.4b	€19.7b	14.4x	14.2x	1.1x
Mon, 07 Apr 2025	€258.4b	€247.1b	€19.8b	12.9x	13x	1x
Wed, 05 Mar 2025	€257.9b	€252.3b	€19.7b	13x	13.1x	1x
Fri, 31 Jan 2025	€245.4b	€246.3b	€19.4b	13.1x	12.6x	1x
Sun, 29 Dec 2024	€231.2b	€246.3b	€19.4b	12.6x	11.9x	0.9x
Tue, 26 Nov 2024	€230.1b	€246.3b	€19.4b	13x	11.9x	0.9x
Thu, 24 Oct 2024	€226.3b	€248.9b	€18.8b	13.8x	12x	0.9x
Sat, 21 Sep 2024	€229.3b	€249.3b	€18.8b	13.3x	12.2x	0.9x
Mon, 19 Aug 2024	€215.8b	€249.0b	€19.0b	13x	11.4x	0.9x
Wed, 17 Jul 2024	€211.5b	€240.5b	€18.1b	13.2x	11.7x	0.9x
Fri, 14 Jun 2024	€213.1b	€240.5b	€18.1b	13x	11.8x	0.9x
Sun, 12 May 2024	€213.2b	€238.8b	€17.5b	13.5x	12.2x	0.9x
Tue, 09 Apr 2024	€211.4b	€247.7b	€16.6b	12.4x	12.7x	0.9x
Thu, 07 Mar 2024	€206.4b	€262.7b	€14.7b	11.4x	14x	0.8x
Sat, 03 Feb 2024	€194.6b	€267.4b	€14.6b	11.7x	13.4x	0.7x
Mon, 01 Jan 2024	€190.5b	€267.4b	€14.6b	11.5x	13.1x	0.7x
Wed, 29 Nov 2023	€188.7b	€267.2b	€14.5b	11.1x	13x	0.7x
Fri, 27 Oct 2023	€181.0b	€279.8b	€14.6b	11.8x	12.4x	0.6x
Sun, 24 Sep 2023	€185.8b	€291.3b	€14.6b	11.3x	12.8x	0.6x
Tue, 22 Aug 2023	€177.6b	€290.1b	€14.5b	12.1x	12.2x	0.6x
Thu, 20 Jul 2023	€168.8b	€272.3b	€14.7b	12.4x	11.5x	0.6x
Sat, 17 Jun 2023	€168.4b	€272.3b	€14.7b	12.9x	11.5x	0.6x
Mon, 15 May 2023	€168.2b	€267.4b	€13.0b	13x	13x	0.6x
Wed, 12 Apr 2023	€167.7b	€267.4b	€13.0b	13.1x	12.9x	0.6x
Fri, 10 Mar 2023	€170.6b	€265.9b	€12.7b	15.3x	13.4x	0.6x

Price to Earnings Ratio

13.4x

Fri, 10 Mar 2023

Current Industry PE

Investors are relatively neutral on the German Insurance 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 12.8x.

The 3-year average PS ratio of 0.88x is lower than the industry's current PS ratio of 1.1x.

Past Earnings Growth

The earnings for companies in the Insurance industry have grown 19% per year over the last three years, while revenues have remained mostly flat.
This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.