German (DAX) General Insurance Industry Analysis

UpdatedSep 15, 2026

DataAggregated Company Financials

Companies5

7D-0.7%
3M12.3%
1Y22.5%
YTDn/a

Over the last 7 days, the General Insurance industry has dropped 2.3%, driven by Allianz declining 1.8%. Over the past 12 months, the industry was up 22%. As for the next few years, earnings are expected to grow by 4.0% per annum.

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 15 Sep 2026	€199.8b	€167.1b	€14.3b	13.5x	14x	1.2x
Thu, 13 Aug 2026	€195.8b	€170.0b	€14.3b	13.5x	13.7x	1.2x
Sat, 11 Jul 2026	€189.5b	€166.1b	€14.6b	13.4x	13x	1.1x
Mon, 08 Jun 2026	€167.9b	€166.1b	€14.6b	11.9x	11.5x	1x
Wed, 06 May 2026	€174.5b	€164.2b	€13.1b	14.7x	13.3x	1.1x
Fri, 03 Apr 2026	€169.9b	€163.7b	€13.1b	13.2x	13x	1x
Sun, 01 Mar 2026	€174.5b	€155.9b	€12.4b	14.4x	14.1x	1.1x
Tue, 27 Jan 2026	€167.5b	€151.9b	€12.7b	13.3x	13.1x	1.1x
Thu, 25 Dec 2025	€179.6b	€151.9b	€12.7b	14.3x	14.1x	1.2x
Sat, 22 Nov 2025	€167.6b	€151.9b	€12.7b	13.3x	13.1x	1.1x
Mon, 20 Oct 2025	€161.0b	€159.0b	€12.3b	13.1x	13.1x	1x
Wed, 17 Sep 2025	€161.2b	€159.0b	€12.3b	13.1x	13.1x	1x
Fri, 15 Aug 2025	€175.6b	€156.8b	€12.2b	14.3x	14.4x	1.1x
Sun, 13 Jul 2025	€162.2b	€156.8b	€11.6b	14.3x	13.9x	1x
Tue, 10 Jun 2025	€166.6b	€156.8b	€11.6b	14.7x	14.3x	1.1x
Thu, 08 May 2025	€171.0b	€154.4b	€11.7b	14.6x	14.6x	1.1x
Sat, 05 Apr 2025	€152.1b	€154.1b	€11.8b	11.8x	12.9x	1x
Mon, 03 Mar 2025	€150.8b	€158.0b	€11.7b	12.8x	12.8x	1x
Wed, 29 Jan 2025	€142.7b	€151.4b	€11.4b	12.8x	12.5x	0.9x
Fri, 27 Dec 2024	€135.4b	€151.4b	€11.4b	12x	11.9x	0.9x
Sun, 24 Nov 2024	€133.8b	€151.4b	€11.4b	12.5x	11.7x	0.9x
Tue, 22 Oct 2024	€136.4b	€157.3b	€10.9b	13.9x	12.5x	0.9x
Thu, 19 Sep 2024	€131.8b	€157.3b	€10.9b	14.2x	12.1x	0.8x
Sat, 17 Aug 2024	€123.9b	€157.3b	€10.9b	14.4x	11.3x	0.8x
Mon, 15 Jul 2024	€123.0b	€150.5b	€10.6b	15.2x	11.6x	0.8x
Wed, 12 Jun 2024	€119.7b	€150.5b	€10.6b	14.9x	11.3x	0.8x
Fri, 10 May 2024	€121.3b	€148.5b	€10.0b	14.7x	12.1x	0.8x
Sun, 07 Apr 2024	€124.6b	€158.1b	€10.0b	12.4x	12.4x	0.8x
Tue, 05 Mar 2024	€116.6b	€154.3b	€10.0b	11.5x	11.7x	0.8x
Thu, 01 Feb 2024	€114.4b	€159.0b	€9.8b	11.4x	11.6x	0.7x
Sat, 30 Dec 2023	€112.2b	€159.0b	€9.8b	11.2x	11.4x	0.7x
Mon, 27 Nov 2023	€108.9b	€159.0b	€9.8b	11.1x	11.1x	0.7x
Wed, 25 Oct 2023	€101.9b	€170.9b	€9.9b	10.9x	10.3x	0.6x
Fri, 22 Sep 2023	€107.7b	€181.9b	€9.9b	11.5x	10.9x	0.6x

Price to Earnings Ratio

10.9x

Fri, 22 Sep 2023

Current Industry PE

Investors are optimistic on the German Multi-line Insurance industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 13.9x which is higher than its 3-year average PE of 12.6x.

The 3-year average PS ratio of 0.94x is lower than the industry's current PS ratio of 1.2x.

Past Earnings Growth

The earnings for companies in the Multi-line Insurance industry have grown 13% per year over the last three years.
Meanwhile revenues for these companies have declined 2.8% per year.
This means that less sales are being generated overall, but since cost of doing business is lower, profits have been increasing.