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  • DE Market
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  • Software

German (DAX) Application Software Industry Analysis

UpdatedSep 10, 2026
DataAggregated Company Financials
Companies38
  • 7D0.3%
  • 3M29.2%
  • 1Y-19.4%
  • YTDn/a

Over the last 7 days, the Application Software industry has dropped 3.0%, driven by a pullback from SAP of 4.1%. Overall the industry is down 20% in 12 months. As for the next few years, earnings are expected to grow by 13% per annum.

Industry Valuation and Performance

Has the German Application Software Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 10 Sep 2026€224.0b€42.1b€7.7b16.7x29x5.3x
Sat, 08 Aug 2026€218.0b€41.9b€7.8b16.7x28.1x5.2x
Mon, 06 Jul 2026€175.6b€41.2b€7.3b17.3x24x4.3x
Wed, 03 Jun 2026€205.8b€41.2b€7.3b20.9x28.3x5x
Fri, 01 May 2026€182.9b€41.0b€7.2b19.8x25.3x4.5x
Sun, 29 Mar 2026€179.0b€40.6b€7.1b17.3x25.3x4.4x
Tue, 24 Feb 2026€209.0b€40.6b€7.6b21.9x27.6x5.1x
Thu, 22 Jan 2026€237.4b€40.3b€7.3b24.2x32.5x5.9x
Sat, 20 Dec 2025€261.0b€40.3b€7.3b24.1x35.7x6.5x
Mon, 17 Nov 2025€263.7b€40.3b€7.3b25.5x36.1x6.5x
Wed, 15 Oct 2025€289.9b€38.9b€6.7b32.9x43.5x7.4x
Fri, 12 Sep 2025€274.7b€38.9b€6.7b30.3x41.2x7.1x
Sun, 10 Aug 2025€314.2b€39.0b€6.7b30x47.1x8.1x
Tue, 08 Jul 2025€326.1b€38.1b€5.9b30.4x55.7x8.6x
Thu, 05 Jun 2025€338.7b€38.4b€5.9b39x57.9x8.8x
Sat, 03 May 2025€333.7b€39.3b€5.9b32.4x56.3x8.5x
Mon, 31 Mar 2025€309.3b€38.3b€3.3b25.2x93.8x8.1x
Wed, 26 Feb 2025€340.1b€38.1b€3.3b23.2x104x8.9x
Fri, 24 Jan 2025€327.9b€36.9b€2.9b27.9x112.4x8.9x
Sun, 22 Dec 2024€295.2b€36.9b€2.9b28.3x101.1x8x
Tue, 19 Nov 2024€274.6b€36.9b€2.9b28.4x94.1x7.4x
Thu, 17 Oct 2024€265.6b€36.2b€2.7b30.4x97.3x7.3x
Sat, 14 Sep 2024€252.6b€36.2b€2.7b29.6x92.5x7x
Mon, 12 Aug 2024€239.6b€36.2b€2.7b31.1x89.5x6.6x
Wed, 10 Jul 2024€229.9b€34.7b€2.8b27.3x82.9x6.6x
Fri, 07 Jun 2024€222.9b€35.1b€2.5b24.2x87.5x6.4x
Sun, 05 May 2024€215.8b€35.8b€2.7b22.1x80.7x6x
Tue, 02 Apr 2024€228.8b€35.1b€3.9b20.1x59.1x6.5x
Thu, 29 Feb 2024€218.6b€34.9b€4.1b20.7x53.6x6.3x
Sat, 27 Jan 2024€204.9b€35.1b€4.0b22.2x50.7x5.8x
Mon, 25 Dec 2023€178.7b€36.0b€2.3b23.1x77.4x5x
Wed, 22 Nov 2023€180.5b€36.0b€2.3b23.3x78.6x5x
Fri, 20 Oct 2023€163.8b€35.6b€1.9b28.9x87.7x4.6x
Sun, 17 Sep 2023€163.9b€35.7b€1.9b28.7x86.7x4.6x
  • Price to Earnings
  • Price to Sales
  • Median Price to Earnings
Price to Earnings Ratio

86.7x


Sun, 17 Sep 2023
Total Market Cap: €163.9bTotal Earnings: €1.9bTotal Revenue: €35.7bTotal Market Cap vs Earnings and Revenue0%0%0%
German Application Software Industry Price to Earnings3Y Average 62.6x202420252026
Current Industry PE
  • Investors are pessimistic on the German Application Software 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 29.6x which is lower than its 3-year average PE of 62.8x.
  • The 3-year average PS ratio of 6.5x is higher than the industry's current PS ratio of 5.4x.
Past Earnings Growth
  • The earnings for companies in the Application Software industry have grown 60% per year over the last three years.
  • Revenues for these companies have grown 5.7% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Comparison

How does German Application Software compare with similar industries?

DE Market-0.54%
Tech0.98%
Software0.35%
Application Software0.35%
Systems Software0.86%
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
SAP SAP€182.860.8%
+€1.6b
-18.3%PE27.1x
1INN innoscripta€81.301.5%
+€12.0m
-36.9%PE15.9x
SPC Staige One€2.5034.4%
+€4.8m
79.9%n/a
CSH CENIT€7.503.6%
+€2.2m
4.5%PE12.1x
MUM Mensch und Maschine Software€35.650.3%
+€1.6m
-22.8%PE18.2x

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