German (DAX) Industrial Conglomerates Industry Analysis

UpdatedJun 22, 2026

DataAggregated Company Financials

Companies5

7D1.5%
3M30.8%
1Y31.4%
YTDn/a

Over the last 7 days, the Industrial Conglomerates industry has risen 1.5%, driven by gains from Siemens of 3.5%. In the same time, BayWa was down 17%. In the last 12 months, the industry was up 31%. As for the next few years, earnings are expected to grow by 11% per annum.

Industry Valuation and Performance

Has the German Industrial Conglomerates Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 23 Jun 2026	€213.2b	€83.0b	€7.7b	17.6x	27.8x	2.6x
Thu, 21 May 2026	€205.3b	€83.0b	€7.7b	19.2x	26.8x	2.5x
Sat, 18 Apr 2026	€192.1b	€82.9b	€8.0b	20.3x	23.9x	2.3x
Mon, 16 Mar 2026	€172.5b	€82.9b	€8.0b	18.7x	21.5x	2.1x
Wed, 11 Feb 2026	€202.7b	€82.1b	€7.6b	22.3x	26.5x	2.5x
Fri, 09 Jan 2026	€197.1b	€82.1b	€7.6b	21.2x	25.8x	2.4x
Sun, 07 Dec 2025	€183.6b	€82.1b	€7.6b	18.5x	24x	2.2x
Tue, 04 Nov 2025	€193.2b	€81.5b	€7.9b	24.3x	24.4x	2.4x
Thu, 02 Oct 2025	€181.1b	€81.5b	€7.9b	22.8x	22.8x	2.2x
Sat, 30 Aug 2025	€185.3b	€81.5b	€7.9b	22.8x	23.3x	2.3x
Mon, 28 Jul 2025	€178.5b	€81.0b	€7.9b	22.5x	22.5x	2.2x
Wed, 25 Jun 2025	€168.6b	€81.0b	€7.9b	19.7x	21.3x	2.1x
Fri, 23 May 2025	€171.0b	€81.0b	€7.9b	21.6x	21.6x	2.1x
Sun, 20 Apr 2025	€147.9b	€79.7b	€7.5b	20.9x	19.7x	1.9x
Tue, 18 Mar 2025	€185.1b	€79.7b	€7.5b	24.8x	24.7x	2.3x
Thu, 13 Feb 2025	€167.5b	€79.1b	€8.3b	21.2x	20.3x	2.1x
Sat, 11 Jan 2025	€153.8b	€79.1b	€8.3b	19.3x	18.6x	1.9x
Mon, 09 Dec 2024	€153.3b	€79.1b	€8.3b	19.3x	18.5x	1.9x
Wed, 06 Nov 2024	€144.6b	€81.7b	€8.0b	21.7x	18x	1.8x
Fri, 04 Oct 2024	€141.2b	€81.7b	€8.0b	20.2x	17.6x	1.7x
Sun, 01 Sep 2024	€133.9b	€81.7b	€8.0b	20.5x	16.7x	1.6x
Tue, 30 Jul 2024	€132.5b	€81.0b	€7.3b	24.9x	18.1x	1.6x
Thu, 27 Jun 2024	€133.8b	€81.0b	€7.3b	25.6x	18.3x	1.7x
Sat, 25 May 2024	€140.5b	€81.0b	€7.3b	26.9x	19.2x	1.7x
Mon, 22 Apr 2024	€137.0b	€81.4b	€8.9b	15.4x	15.3x	1.7x
Wed, 20 Mar 2024	€137.1b	€81.4b	€8.9b	15.4x	15.3x	1.7x
Fri, 16 Feb 2024	€132.4b	€81.4b	€8.9b	14.9x	14.8x	1.6x
Sun, 14 Jan 2024	€129.7b	€81.0b	€8.0b	16.2x	16.1x	1.6x
Tue, 12 Dec 2023	€130.7b	€81.0b	€8.0b	16.3x	16.2x	1.6x
Thu, 09 Nov 2023	€103.8b	€80.2b	€9.0b	11.5x	11.5x	1.3x
Sat, 07 Oct 2023	€107.8b	€80.2b	€9.0b	12x	12x	1.3x
Mon, 04 Sep 2023	€110.2b	€80.2b	€9.0b	12.2x	12.2x	1.4x
Wed, 02 Aug 2023	€120.6b	€79.2b	€6.1b	26.2x	19.8x	1.5x
Fri, 30 Jun 2023	€120.7b	€79.2b	€6.1b	24.1x	19.8x	1.5x

Price to Earnings Ratio

19.8x

Fri, 30 Jun 2023

Current Industry PE

Investors are optimistic on the German Industrial Conglomerates industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 27.8x which is higher than its 3-year average PE of 19.6x.

The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.6x.

Past Earnings Growth

The earnings for companies in the Industrial Conglomerates industry have grown 7.9% 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.