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German (DAX) Real Estate Industry Analysis

UpdatedJun 05, 2025
DataAggregated Company Financials
Companies52
  • 7D0.2%
  • 3M9.5%
  • 1Y2.7%
  • YTD-2.3%

In the last week, Real Estate has been flat. Furthermore, the industry has been flat for the past year as well. As for the next few years, earnings are expected to grow by 52% per annum.

Industry Valuation and Performance

Has the German Real Estate Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 05 Jun 2025€66.6b€18.9b-€93,388,845.9421.3x-713.2x3.5x
Sat, 03 May 2025€65.5b€18.5b-€583,919,282.0721x-112.2x3.6x
Mon, 31 Mar 2025€59.0b€18.3b-€1,220,692,601.2116.8x-48.3x3.2x
Wed, 26 Feb 2025€65.3b€17.3b-€6,694,951,590.9417.4x-9.7x3.8x
Fri, 24 Jan 2025€64.5b€17.3b-€6,695,126,906.9113.2x-9.6x3.7x
Sun, 22 Dec 2024€65.4b€17.3b-€6,698,659,141.4913.6x-9.8x3.8x
Tue, 19 Nov 2024€65.6b€16.9b-€7,756,991,556.4818.1x-8.5x3.9x
Thu, 17 Oct 2024€75.5b€16.7b-€7,252,373,460.0316.6x-10.4x4.5x
Sat, 14 Sep 2024€74.1b€16.6b-€7,172,021,536.0419x-10.3x4.5x
Mon, 12 Aug 2024€68.4b€16.7b-€8,265,731,875.2123.5x-8.3x4.1x
Wed, 10 Jul 2024€65.0b€16.9b-€11,645,710,445.5924.7x-5.6x3.8x
Fri, 07 Jun 2024€66.4b€17.0b-€11,626,484,326.5429.1x-5.7x3.9x
Sun, 05 May 2024€65.5b€17.0b-€11,729,898,998.0027.3x-5.6x3.8x
Tue, 02 Apr 2024€67.0b€17.1b-€16,012,973,581.0033.4x-4.2x3.9x
Thu, 29 Feb 2024€63.9b€17.7b-€16,135,062,632.0026x-4x3.6x
Sat, 27 Jan 2024€74.2b€18.5b-€17,589,970,916.0030.4x-4.2x4x
Mon, 25 Dec 2023€76.8b€19.0b-€16,816,795,877.0016.5x-4.6x4x
Wed, 22 Nov 2023€70.9b€19.3b-€16,500,155,641.0010.1x-4.3x3.7x
Fri, 20 Oct 2023€65.0b€19.3b-€16,479,760,159.0010.5x-3.9x3.4x
Sun, 17 Sep 2023€70.8b€19.4b-€16,624,356,972.0010.8x-4.3x3.7x
Tue, 15 Aug 2023€67.7b€19.5b-€11,751,135,143.0016.6x-5.8x3.5x
Thu, 13 Jul 2023€66.5b€20.6b-€3,771,634,749.0018.3x-17.6x3.2x
Sat, 10 Jun 2023€64.9b€20.6b-€3,690,931,701.0016.5x-17.6x3.2x
Mon, 08 May 2023€64.5b€23.6b-€1,081,385,015.0017.2x-59.7x2.7x
Wed, 05 Apr 2023€58.4b€24.7b-€955,979,124.0014.3x-61.1x2.4x
Fri, 03 Mar 2023€69.0b€25.5b€6.3b13.4x11x2.7x
Sun, 29 Jan 2023€73.6b€25.5b€6.4b12.1x11.5x2.9x
Tue, 27 Dec 2022€66.2b€25.5b€6.4b12.6x10.3x2.6x
Thu, 24 Nov 2022€68.7b€25.3b€6.4b13.5x10.8x2.7x
Sat, 22 Oct 2022€65.3b€24.6b€7.2b11.6x9.1x2.7x
Mon, 19 Sep 2022€68.6b€24.6b€7.2b13.3x9.6x2.8x
Wed, 17 Aug 2022€81.6b€24.1b€7.9b13.8x10.4x3.4x
Fri, 15 Jul 2022€73.8b€22.4b€8.2b11.8x9x3.3x
Sun, 12 Jun 2022€83.0b€22.4b€8.2b13.8x10.1x3.7x
Price to Earnings Ratio

10.1x


Total Market Cap: €83.0bTotal Earnings: €8.2bTotal Revenue: €22.4bTotal Market Cap vs Earnings and Revenue0%0%0%
German Real Estate Industry Price to Earnings3Y Average -17x202320242025
Current Industry PE
  • Investors are relatively neutral on the German Real Estate industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PS ratio of 3.5x.
Past Earnings Growth
  • Total earnings for the Real Estate industry have declined over the last three years, with the industry now making a loss overall.
  • Revenues have also declined 5.6% per year, which is driving profits down.

Industry Trends

Which industries have driven the changes within the German Real Estate industry?

DE Market0.51%
Real Estate0.22%
Real Estate0.23%
Real Estate Services0.85%
Real Estate Operating Companies0.36%
Diversified Real Estate0.31%
Real Estate Development-16.09%
Industry PE
  • Investors are most optimistic about the Real Estate Operating Companies industry which is trading above its 3-year average PE ratio of 8.4x.
    • Analysts are expecting annual earnings growth of 52.7%, which is higher than its past year's earnings growth of 26.7% per year.
Forecasted Growth
  • Analysts are most optimistic on the Real Estate Operating Companies industry, expecting annual earnings growth of 53% over the next 5 years.
  • This is better than its past earnings growth rate of 27% per year.
  • In contrast, the Real Estate Development industry is expected to see its earnings grow by 17% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
DWNI Deutsche Wohnen€23.152.0%
+€178.6m
23.7%PS4.9x
O5G CPI Property Group€0.852.4%
+€167.4m
3.7%PS4.5x
AT1 Aroundtown€2.914.6%
+€140.0m
30.8%PE14.1x
GIB GSW Immobilien€72.001.4%
+€56.7m
5.9%n/a
TEG TAG Immobilien€14.921.8%
+€47.4m
3.0%PE24.3x
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Latest News

CRZK

€0.80

CR Energy

7D

-83.5%

1Y

-88.8%

O5G

€0.85

CPI Property Group

7D

2.4%

1Y

3.7%

VNA

€29.23

Vonovia

7D

-1.0%

1Y

-0.3%

DMRE

€0.71

DEMIRE Deutsche Mittelstand Real Estate

7D

15.3%

1Y

-41.9%

AT1

€2.91

Aroundtown

7D

4.6%

1Y

30.8%

PAT

€8.22

PATRIZIA

7D

1.4%

1Y

1.5%

DWNI

€23.15

Deutsche Wohnen

7D

2.0%

1Y

23.7%

LEG

€74.15

LEG Immobilien

7D

-2.0%

1Y

-10.8%

GIB

€72.00

GSW Immobilien

7D

1.4%

1Y

5.9%

TEG

€14.92

TAG Immobilien

7D

1.8%

1Y

3.0%

DIC

€1.76

Branicks Group

7D

-3.4%

1Y

-32.1%

IC8

€0.40

InCity Immobilien

7D

-19.6%

1Y

n/a

GTY

€0.56

Gateway Real Estate

7D

-9.0%

1Y

28.8%