German (DAX) Aerospace & Defense Industry Analysis

UpdatedNov 11, 2025

DataAggregated Company Financials

Companies7

7D-0.8%
3M6.0%
1Y131.4%
YTD111.1%

In the last week, the Aerospace & Defense industry is flat overall, with Hensoldt standing out by going down 5.3%. As for the the longer term, the industry is up 131% over the past 12 months. Looking forward, earnings are forecast to grow by 30% annually.

Industry Valuation and Performance

Has the German Aerospace & Defense Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 12 Nov 2025	€120.6b	€23.5b	€1.9b	91.8x	63.2x	5.1x
Fri, 10 Oct 2025	€125.5b	€22.9b	€1.8b	122.9x	69.2x	5.5x
Sun, 07 Sep 2025	€112.1b	€22.9b	€1.8b	105.3x	61.8x	4.9x
Tue, 05 Aug 2025	€114.3b	€22.6b	€1.8b	108.3x	63.4x	5.1x
Thu, 03 Jul 2025	€111.9b	€22.2b	€1.7b	105.6x	66.4x	5x
Sat, 31 May 2025	€117.6b	€22.2b	€1.7b	108.9x	69.8x	5.3x
Mon, 28 Apr 2025	€85.4b	€20.9b	€1.6b	69.1x	54.5x	4.1x
Wed, 26 Mar 2025	€85.6b	€20.9b	€1.6b	50.1x	54.5x	4.1x
Fri, 21 Feb 2025	€62.4b	€19.8b	€1.4b	26.3x	43.8x	3.2x
Sun, 19 Jan 2025	€53.7b	€19.4b	€1.5b	25.4x	36x	2.8x
Tue, 17 Dec 2024	€50.0b	€19.4b	€1.5b	24.8x	33.5x	2.6x
Thu, 14 Nov 2024	€46.8b	€19.6b	€1.5b	23.5x	31.5x	2.4x
Sat, 12 Oct 2024	€40.5b	€17.3b	€706.1m	25.7x	57.3x	2.3x
Mon, 09 Sep 2024	€40.8b	€17.3b	€706.1m	27x	57.8x	2.4x
Wed, 07 Aug 2024	€40.2b	€16.5b	€637.4m	28.9x	63.1x	2.4x
Fri, 05 Jul 2024	€41.5b	€16.2b	€612.4m	30.9x	67.7x	2.6x
Sun, 02 Jun 2024	€40.8b	€16.2b	€612.4m	30.4x	66.6x	2.5x
Tue, 30 Apr 2024	€40.7b	€15.9b	€547.6m	29.5x	74.2x	2.6x
Thu, 28 Mar 2024	€41.1b	€15.8b	€503.1m	34.4x	81.7x	2.6x
Sat, 24 Feb 2024	€34.3b	€15.3b	€349.1m	33.1x	98.4x	2.2x
Mon, 22 Jan 2024	€30.0b	€15.3b	€349.1m	28x	86x	2x
Wed, 20 Dec 2023	€26.7b	€15.3b	€349.1m	25.9x	76.5x	1.7x
Fri, 17 Nov 2023	€26.1b	€15.3b	€349.1m	25.3x	74.7x	1.7x
Sun, 15 Oct 2023	€24.9b	€15.7b	€988.6m	22.6x	25.2x	1.6x
Tue, 12 Sep 2023	€25.2b	€15.7b	€988.1m	22.8x	25.5x	1.6x
Thu, 10 Aug 2023	€27.4b	€15.6b	€985.7m	24.3x	27.8x	1.8x
Sat, 08 Jul 2023	€26.7b	€15.0b	€849.1m	22.6x	31.5x	1.8x
Mon, 05 Jun 2023	€26.4b	€15.0b	€849.1m	22.4x	31.1x	1.8x
Wed, 03 May 2023	€28.9b	€14.8b	€849.1m	25x	34x	2x
Fri, 31 Mar 2023	€28.7b	€14.8b	€770.7m	26.4x	37.2x	1.9x
Sun, 26 Feb 2023	€27.2b	€14.3b	€778.9m	27.7x	34.9x	1.9x
Tue, 24 Jan 2023	€25.7b	€14.0b	€689.9m	25.1x	37.2x	1.8x
Thu, 22 Dec 2022	€22.6b	€14.0b	€689.9m	23.7x	32.8x	1.6x
Sat, 19 Nov 2022	€21.4b	€14.0b	€690.2m	22.4x	31x	1.5x

Price to Earnings Ratio

31x

Sat, 19 Nov 2022

Current Industry PE

Investors are optimistic on the German Aerospace & Defense industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 63.2x which is higher than its 3-year average PE of 52.6x.

The 3-year average PS ratio of 2.7x is lower than the industry's current PS ratio of 5.1x.

Past Earnings Growth

The earnings for companies in the Aerospace & Defense industry have grown 40% per year over the last three years.
Revenues for these companies have grown 19% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.