German (DAX) Steel Industry Analysis

UpdatedApr 24, 2026

DataAggregated Company Financials

Companies4

7D3.4%
3M-15.2%
1Y14.5%
YTDn/a

In the last week, the Steel industry is up 7.1%, with thyssenkrupp up 3.0%. This means that the industry has gained 18% over the past year. Earnings are forecast to grow by 44% annually.

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Fri, 24 Apr 2026	€8.6b	€41.2b	€181.5m	18.6x	47.2x	0.2x
Sun, 22 Mar 2026	€7.0b	€41.3b	€55.5m	16.1x	126x	0.2x
Tue, 17 Feb 2026	€10.0b	€41.3b	€55.5m	22.8x	180.2x	0.2x
Thu, 15 Jan 2026	€9.5b	€42.0b	€273.0m	30.9x	34.7x	0.2x
Sat, 13 Dec 2025	€8.1b	€42.0b	€273.0m	25.9x	29.7x	0.2x
Mon, 10 Nov 2025	€7.5b	€42.8b	-€1,647,024,000.00	40x	-4.5x	0.2x
Wed, 08 Oct 2025	€9.9b	€42.8b	-€1,647,024,000.00	34.2x	-6x	0.2x
Fri, 05 Sep 2025	€7.3b	€42.8b	-€1,647,024,000.00	31.4x	-4.4x	0.2x
Sun, 03 Aug 2025	€7.7b	€46.4b	-€1,599,724,000.00	37x	-4.8x	0.2x
Tue, 01 Jul 2025	€7.1b	€46.4b	-€1,599,724,000.00	36.6x	-4.5x	0.2x
Thu, 29 May 2025	€7.0b	€43.9b	-€1,402,578,000.00	41x	-5x	0.2x
Sat, 26 Apr 2025	€7.6b	€44.7b	-€1,586,878,000.00	32.6x	-4.8x	0.2x
Mon, 24 Mar 2025	€7.6b	€45.2b	-€1,586,878,000.00	27.9x	-4.8x	0.2x
Wed, 19 Feb 2025	€5.0b	€44.8b	-€1,426,778,000.00	25.4x	-3.5x	0.1x
Fri, 17 Jan 2025	€3.6b	€45.2b	-€1,687,159,000.00	18.8x	-2.1x	0.08x
Sun, 15 Dec 2024	€3.7b	€45.2b	-€1,687,159,000.00	19.6x	-2.2x	0.08x
Tue, 12 Nov 2024	€3.3b	€45.2b	-€2,422,159,000.00	33.1x	-1.4x	0.07x
Thu, 10 Oct 2024	€3.1b	€45.2b	-€2,422,159,000.00	26.5x	-1.3x	0.07x
Sat, 07 Sep 2024	€2.8b	€45.2b	-€2,422,159,000.00	26.2x	-1.2x	0.06x
Mon, 05 Aug 2024	€3.2b	€46.1b	-€2,232,159,000.00	13.7x	-1.4x	0.07x
Wed, 03 Jul 2024	€3.7b	€46.1b	-€2,232,159,000.00	14.6x	-1.7x	0.08x
Fri, 31 May 2024	€4.3b	€46.1b	-€2,232,159,000.00	16.6x	-1.9x	0.09x
Sun, 28 Apr 2024	€4.4b	€47.5b	-€2,250,262,000.00	11.5x	-2x	0.09x
Tue, 26 Mar 2024	€4.6b	€47.5b	-€2,250,262,000.00	11.5x	-2x	0.1x
Thu, 22 Feb 2024	€4.3b	€47.9b	-€2,120,162,000.00	10.1x	-2x	0.09x
Sat, 20 Jan 2024	€5.1b	€48.7b	-€1,733,241,000.00	12.3x	-2.9x	0.1x
Mon, 18 Dec 2023	€5.7b	€48.7b	-€1,733,241,000.00	13.1x	-3.3x	0.1x
Wed, 15 Nov 2023	€5.9b	€50.4b	€664.8m	12.8x	8.8x	0.1x
Fri, 13 Oct 2023	€5.7b	€51.0b	€826.9m	12.9x	6.9x	0.1x
Sun, 10 Sep 2023	€6.0b	€51.0b	€826.9m	13.6x	7.3x	0.1x
Tue, 08 Aug 2023	€6.0b	€52.8b	€1.2b	13.3x	5.1x	0.1x
Thu, 06 Jul 2023	€6.3b	€52.8b	€1.2b	13.9x	5.4x	0.1x
Sat, 03 Jun 2023	€6.2b	€52.8b	€1.2b	13.3x	5.2x	0.1x
Mon, 01 May 2023	€6.2b	€53.7b	€2.2b	3.7x	2.8x	0.1x

Price to Earnings Ratio

2.8x

Mon, 01 May 2023

Current Industry PE

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

The industry is trading at a PE ratio of 47.3x which is higher than its 3-year average PE of 7.6x.

The industry is trading close to its 3-year average PS ratio of 0.13x.

Past Earnings Growth

The earnings for companies in the Steel industry have declined 56% per year over the last three years,
Revenues have also declined 8.5% per year.
This means overall sales from these companies are declining and profits are subsequently falling as well.