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Has the German Metals and Mining Industry valuation changed over the past few years?
|Sat, 27 Nov 2021||€12.1b||€58.6b||€929.3m||4.6x|
|Mon, 25 Oct 2021||€11.2b||€57.1b||-€3,053,226,055.00||15.8x|
|Wed, 22 Sep 2021||€10.7b||€57.1b||-€3,053,417,960.00||15.2x|
|Fri, 20 Aug 2021||€11.2b||€57.1b||-€3,053,417,960.00||17.3x|
|Fri, 04 Jun 2021||€12.2b||€51.6b||-€4,250,436,960.00||14.5x|
|Mon, 08 Mar 2021||€12.7b||€50.5b||-€5,070,687,460.00||14.6x|
|Thu, 10 Dec 2020||€8.2b||€49.7b||-€5,688,289,556.00||19.5x|
|Wed, 02 Sep 2020||€4.2b||€21.6b||-€196,655,651.00||28.5x|
|Sat, 06 Jun 2020||€7.4b||€55.7b||-€2,194,292,611.00||25.2x|
|Tue, 10 Mar 2020||€8.9b||€55.9b||-€1,491,492,572.00||24.2x|
|Mon, 02 Dec 2019||€10.8b||€55.7b||-€896,950,447.57||23.7x|
|Thu, 05 Sep 2019||€10.4b||€56.5b||-€458,653,295.48||22x|
|Sun, 09 Jun 2019||€10.9b||€58.5b||-€204,914,240.57||18.7x|
|Sat, 02 Mar 2019||€12.7b||€61.9b||€345.6m||21.6x|
|Tue, 04 Dec 2018||€14.8b||€61.9b||€504.6m||8.3x|
Current Industry PE: Investors are more pessimistic on the industry, considering it's trading at a PE ratio of 4.6x which is lower than its 3-year average PE of 19.6x. It appears they believe that earnings will not grow as fast as they have historically.
Past Earnings Growth: The earnings for companies in the Metals and Mining industry have grown 23% 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.
Which industries have driven the changes within the German Metals and Mining industry?
|Diversified Metals and Mining||7.59%|
Industry PE: Investors are most optimistic about the Steel industry even though it's trading below its 3-year average PE ratio of 28.6x. This is likely because analysts are expecting annual earnings growth of 33%, which is higher than its past year's earnings decline of 6.0% per year. Meanwhile, investors are most pessimistic about the Gold industry, which is trading below its 3-year average of 0.62x.
Forecasted Growth: Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 43% over the next 5 years. Meanwhile, the Copper industry is expected to see its earnings decline by 23% per year over the next few years.
Eisen- und Hüttenwerke