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German (DAX) Semiconductors Industry Analysis

UpdatedJan 20, 2026
DataAggregated Company Financials
Companies16
  • 7D-2.2%
  • 3M15.4%
  • 1Y19.8%
  • YTD6.0%

Last week, the Semiconductors industry hasn't moved much but PVA TePla is up 5.5% in that time. As for the the longer term, the industry is up 23% over the past 12 months. Earnings are forecast to grow by 24% annually.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 20 Jan 2026€60.6b€18.3b€1.2b30.5x51.2x3.3x
Thu, 18 Dec 2025€52.5b€18.5b€1.2b20.5x43.1x2.8x
Sat, 15 Nov 2025€52.9b€18.5b€1.2b22.1x43.4x2.9x
Mon, 13 Oct 2025€48.8b€20.1b€1.2b20.2x39.5x2.4x
Wed, 10 Sep 2025€48.0b€20.0b€1.2b19.6x39x2.4x
Fri, 08 Aug 2025€51.5b€20.0b€1.3b15.1x39.5x2.6x
Sun, 06 Jul 2025€55.3b€20.1b€1.4b17.6x39.1x2.8x
Tue, 03 Jun 2025€50.0b€20.1b€1.4b13.3x35.3x2.5x
Thu, 01 May 2025€43.2b€20.0b€1.6b12.6x26.5x2.2x
Sat, 29 Mar 2025€46.2b€20.0b€1.6b11.6x28.5x2.3x
Mon, 24 Feb 2025€56.6b€20.1b€1.8b13.5x30.9x2.8x
Wed, 22 Jan 2025€51.3b€20.4b€2.2b13.5x23.4x2.5x
Fri, 20 Dec 2024€48.0b€20.4b€2.2b12.7x21.8x2.4x
Sun, 17 Nov 2024€46.0b€20.6b€2.3b12.4x20x2.2x
Tue, 15 Oct 2024€47.1b€20.8b€2.7b13.7x17.6x2.3x
Thu, 12 Sep 2024€45.1b€20.8b€2.7b13.7x16.8x2.2x
Sat, 10 Aug 2024€47.6b€20.9b€2.7b14.5x17.7x2.3x
Mon, 08 Jul 2024€55.9b€21.3b€3.2b14.8x17.4x2.6x
Wed, 05 Jun 2024€57.5b€21.3b€3.2b15x17.9x2.7x
Fri, 03 May 2024€50.3b€21.9b€3.7b13x13.5x2.3x
Sun, 31 Mar 2024€51.2b€21.8b€3.7b13.7x13.9x2.4x
Tue, 27 Feb 2024€54.6b€21.6b€3.8b14.5x14.5x2.5x
Thu, 25 Jan 2024€57.1b€21.9b€3.9b14.6x14.7x2.6x
Sat, 23 Dec 2023€61.0b€21.9b€3.9b16.2x15.7x2.8x
Mon, 20 Nov 2023€54.6b€21.9b€3.9b14.7x14.1x2.5x
Wed, 18 Oct 2023€52.2b€21.6b€3.8b14.7x13.6x2.4x
Fri, 15 Sep 2023€53.9b€21.7b€3.9b14x14x2.5x
Sun, 13 Aug 2023€55.3b€21.6b€3.9b15x14.3x2.6x
Tue, 11 Jul 2023€59.0b€20.9b€3.5b17.4x17x2.8x
Thu, 08 Jun 2023€59.3b€20.9b€3.5b17.6x17.1x2.8x
Sat, 06 May 2023€54.9b€20.7b€3.4b16.5x16x2.7x
Mon, 03 Apr 2023€61.4b€20.0b€3.1b20.2x19.8x3.1x
Wed, 01 Mar 2023€54.8b€19.7b€2.9b19.3x18.6x2.8x
Fri, 27 Jan 2023€55.0b€18.9b€2.7b20.3x20.3x2.9x
Price to Earnings Ratio

20.3x


Total Market Cap: €55.0bTotal Earnings: €2.7bTotal Revenue: €18.9bTotal Market Cap vs Earnings and Revenue0%0%0%
German Semiconductors Industry Price to Earnings3Y Average 23.5x202420252026
Current Industry PE
  • Investors are optimistic on the German Semiconductor industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 52.9x which is higher than its 3-year average PE of 23.5x.
  • The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
  • The earnings for companies in the Semiconductor industry have declined 24% per year over the last three years.
  • Meanwhile revenues have remained mostly flat.
  • This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the German Tech industry?

DE Market-2.12%
Tech-6.65%
Semiconductors-2.23%
Semiconductor Equipment-0.58%
Semiconductors-2.39%
Industry PE
  • Investors are most optimistic about the Semiconductor Equipment industry even though it's trading below its 3-year average PE ratio of 152x.
    • Analysts are expecting annual earnings growth of 8.9%, which is higher than its past year's earnings decline of 20.8% per year.
  • Investors are most pessimistic about the Semiconductors industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 23.5x.
Forecasted Growth
  • Analysts are most optimistic on the Semiconductors industry, expecting annual earnings growth of 26% over the next 5 years.
  • This is better than its past earnings decline of 44% per year.
  • In contrast, the Semiconductor Equipment industry is expected to see its earnings grow by 8.9% 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
TPE PVA TePla€27.685.5%
+€29.7m
97.7%PE36.9x
CTNK centrotherm international€9.4015.3%
+€26.5m
175.7%PE5.8x
GY9 Smoltek Nanotech Holding€0.051196.5%
+€6.1m
-22.0%PS28.3x
SMHN SUSS MicroTec€47.260.5%
+€4.6m
-0.3%PE16x
M5Z Manz€0.07218.5%
+€115.8k
-72.8%PS0.004x

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