Have your own idea? Try our Stock Screener
German (DAX) Real Estate Industry Analysis
UpdatedApr 02, 2026
DataAggregated Company Financials
Companies56
- 7D1.6%
- 3M-6.0%
- 1Y-7.7%
- YTD-4.4%
Over the last 7 days, the Real Estate industry has risen 1.6%, driven by gains from Vonovia of 6.7%. In contrast, the industry has lost 7.7% in the last 12 months. Earnings are forecast to grow by 2.8% annually.
Industry Valuation and Performance
Has the German Real Estate Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 03 Apr 2026 | €57.6b | €17.3b | €6.2b | 10.9x | 9.2x | 3.3x |
| Sun, 01 Mar 2026 | €67.8b | €18.5b | €4.1b | 9.8x | 16.4x | 3.7x |
| Tue, 27 Jan 2026 | €61.0b | €18.5b | €4.1b | 10.8x | 14.8x | 3.3x |
| Thu, 25 Dec 2025 | €60.1b | €18.7b | €4.1b | 10.8x | 14.6x | 3.2x |
| Sat, 22 Nov 2025 | €66.5b | €18.7b | €6.1b | 10.8x | 10.8x | 3.5x |
| Mon, 20 Oct 2025 | €69.6b | €19.0b | €3.0b | 14x | 23x | 3.7x |
| Wed, 17 Sep 2025 | €68.7b | €19.1b | €3.0b | 14.4x | 22.6x | 3.6x |
| Fri, 15 Aug 2025 | €72.7b | €19.1b | €2.0b | 15.5x | 36x | 3.8x |
| Sun, 13 Jul 2025 | €70.6b | €18.9b | €142.2m | 16.6x | 496.9x | 3.7x |
| Tue, 10 Jun 2025 | €66.9b | €18.9b | -€87,589,429.95 | 14.3x | -763.2x | 3.5x |
| Thu, 08 May 2025 | €67.4b | €19.1b | -€394,248,184.02 | 21.6x | -170.8x | 3.5x |
| Sat, 05 Apr 2025 | €52.8b | €16.7b | -€278,083,690.38 | 18.3x | -189.8x | 3.2x |
| Mon, 03 Mar 2025 | €66.3b | €17.3b | -€6,694,875,596.51 | 17.1x | -9.9x | 3.8x |
| Wed, 29 Jan 2025 | €63.8b | €17.3b | -€6,695,064,745.99 | 13.9x | -9.5x | 3.7x |
| Fri, 27 Dec 2024 | €65.3b | €17.3b | -€6,698,652,543.86 | 14.2x | -9.8x | 3.8x |
| Sun, 24 Nov 2024 | €67.7b | €16.9b | -€7,815,599,356.80 | 19.1x | -8.7x | 4x |
| Tue, 22 Oct 2024 | €73.3b | €16.7b | -€7,252,327,577.04 | 16.1x | -10.1x | 4.4x |
| Thu, 19 Sep 2024 | €73.0b | €16.6b | -€7,171,997,478.97 | 19.8x | -10.2x | 4.4x |
| Sat, 17 Aug 2024 | €68.4b | €16.7b | -€7,973,973,249.02 | 21.7x | -8.6x | 4.1x |
| Mon, 15 Jul 2024 | €67.6b | €16.9b | -€11,645,686,684.20 | 25.1x | -5.8x | 4x |
| Wed, 12 Jun 2024 | €63.2b | €17.0b | -€11,628,328,093.64 | 27.6x | -5.4x | 3.7x |
| Fri, 10 May 2024 | €64.6b | €17.1b | -€11,715,632,727.00 | 26.3x | -5.5x | 3.8x |
| Sun, 07 Apr 2024 | €65.1b | €17.2b | -€16,006,572,392.00 | 33.4x | -4.1x | 3.8x |
| Tue, 05 Mar 2024 | €64.1b | €17.7b | -€16,126,082,632.00 | 28.5x | -4x | 3.6x |
| Thu, 01 Feb 2024 | €76.1b | €18.6b | -€17,505,565,916.00 | 25.8x | -4.3x | 4.1x |
| Sat, 30 Dec 2023 | €77.1b | €19.0b | -€16,816,795,877.00 | 16.4x | -4.6x | 4.1x |
| Mon, 27 Nov 2023 | €71.8b | €19.3b | -€16,500,069,210.00 | 10x | -4.4x | 3.7x |
| Wed, 25 Oct 2023 | €64.3b | €19.3b | -€16,466,494,195.00 | 10.2x | -3.9x | 3.3x |
| Fri, 22 Sep 2023 | €71.9b | €19.4b | -€16,616,978,492.00 | 11.6x | -4.3x | 3.7x |
| Sun, 20 Aug 2023 | €66.0b | €19.7b | -€14,438,213,803.00 | 16.9x | -4.6x | 3.4x |
| Tue, 18 Jul 2023 | €66.0b | €20.6b | -€3,769,623,281.00 | 17.7x | -17.5x | 3.2x |
| Thu, 15 Jun 2023 | €65.5b | €20.6b | -€3,690,931,664.00 | 16.5x | -17.8x | 3.2x |
| Sat, 13 May 2023 | €63.6b | €21.1b | -€3,136,274,276.00 | 16x | -20.3x | 3x |
| Mon, 10 Apr 2023 | €59.0b | €24.9b | -€1,877,549,335.00 | 14.4x | -31.4x | 2.4x |
Price to Earnings Ratio
-31.4x
Current Industry PE
- Investors are pessimistic on the German Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 9.2x which is higher than its 3-year average PE of -21.6x.
- The industry is trading close to its 3-year average PS ratio of 3.6x.
Past Earnings Growth
- Total earnings for the Real Estate industry have gone up over the last three years and the industry is now profitable.
- Revenues have declined 11% per year.
- This means that less sales are being generated overall, but since the cost of doing business is lower, profits have been increasing.
Industry Trends
Which industries have driven the changes within the German Real Estate industry?
| DE Market | 1.21% | |
| Real Estate | 1.65% | |
| Real Estate | 1.64% | |
| Real Estate Operating Companies | 1.69% | |
| Diversified Real Estate | 1.64% | |
| Real Estate Services | -0.32% | |
| Real Estate Development | -5.01% | |
Industry PE
- Investors are most optimistic about the Real Estate Development industry which is trading above its 3-year average PE ratio of 12.2x.
- Analysts are expecting annual earnings growth of 2.9%, which is lower than the prior year's growth of 13.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Diversified Real Estate industry, expecting annual earnings growth of 21% over the next 5 years.
- However this is lower than its past earnings growth rate of 57% per year.
- In contrast, the Real Estate Operating Companies industry is expected to see its earnings grow by 2.5% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VNA Vonovia | €22.41 | 6.7% +€1.2b | -15.8% | PE5.2x | |
| DWNI Deutsche Wohnen | €19.54 | 4.9% +€365.2m | -6.5% | PE7.2x | |
| AT1 Aroundtown | €2.45 | 11.0% +€229.2m | -5.7% | PE3.8x | |
| TEG TAG Immobilien | €14.22 | 9.3% +€228.7m | 7.7% | PE28.8x | |
| LEG LEG Immobilien | €57.80 | 5.3% +€219.2m | -15.7% | PE3x |
