German (DAX) Telecom Services and Carriers Industry Analysis

UpdatedJun 23, 2026

DataAggregated Company Financials

Companies7

7D-5.2%
3M-16.6%
1Y-13.2%
YTD-5.0%

Over the last 7 days, the Telecom Services and Carriers industry has dropped 3.7%, driven by a pullback from Deutsche Telekom of 6.3%. Overall the industry is down 12% in 12 months. Earnings are forecast to grow by 10% annually.

Industry Valuation and Performance

Has the German Telecom Services and Carriers Industry valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Tue, 23 Jun 2026	€155.4b	€137.5b	€9.6b	37.2x	16.1x	1.1x
Thu, 21 May 2026	€170.8b	€137.5b	€9.6b	23.5x	17.7x	1.2x
Sat, 18 Apr 2026	€173.1b	€137.4b	€10.4b	25.5x	16.6x	1.3x
Mon, 16 Mar 2026	€191.1b	€137.6b	€10.3b	35.1x	18.6x	1.4x
Wed, 11 Feb 2026	€173.4b	€137.1b	€12.9b	18.2x	13.4x	1.3x
Fri, 09 Jan 2026	€164.9b	€136.3b	€12.5b	17.2x	13.2x	1.2x
Sun, 07 Dec 2025	€160.4b	€136.3b	€12.5b	17x	12.8x	1.2x
Tue, 04 Nov 2025	€156.2b	€135.9b	€13.1b	20.4x	12x	1.1x
Thu, 02 Oct 2025	€169.3b	€135.9b	€13.1b	20.8x	13x	1.2x
Sat, 30 Aug 2025	€631.1b	€136.7b	€13.3b	20.9x	47.6x	4.6x
Mon, 28 Jul 2025	€183.8b	€135.5b	€12.4b	21.2x	14.9x	1.4x
Wed, 25 Jun 2025	€184.6b	€135.5b	€12.4b	21.4x	14.9x	1.4x
Fri, 23 May 2025	€197.2b	€135.5b	€12.4b	21.4x	16x	1.5x
Sun, 20 Apr 2025	€184.4b	€133.6b	€11.5b	20.7x	16x	1.4x
Tue, 18 Mar 2025	€194.3b	€133.6b	€11.5b	21.2x	16.8x	1.5x
Thu, 13 Feb 2025	€195.1b	€132.2b	€6.3b	40x	31.2x	1.5x
Sat, 11 Jan 2025	€172.2b	€132.2b	€6.3b	38.1x	27.5x	1.3x
Mon, 09 Dec 2024	€178.1b	€132.2b	€6.3b	39.5x	28.4x	1.3x
Wed, 06 Nov 2024	€167.3b	€131.2b	€5.3b	33.2x	31.8x	1.3x
Fri, 04 Oct 2024	€158.5b	€131.2b	€5.3b	31.3x	30.2x	1.2x
Sun, 01 Sep 2024	€156.0b	€132.3b	€5.7b	36.4x	27.2x	1.2x
Tue, 30 Jul 2024	€148.5b	€131.1b	€5.4b	27.1x	27.7x	1.1x
Thu, 27 Jun 2024	€144.1b	€131.1b	€5.4b	26.1x	26.8x	1.1x
Sat, 25 May 2024	€137.3b	€131.1b	€5.4b	24.6x	25.6x	1x
Mon, 22 Apr 2024	€134.8b	€131.0b	€5.1b	25.6x	26.6x	1x
Wed, 20 Mar 2024	€138.5b	€130.9b	€5.1b	25.6x	27.1x	1.1x
Fri, 16 Feb 2024	€140.0b	€131.2b	€7.0b	18.3x	20x	1.1x
Sun, 14 Jan 2024	€174.6b	€133.3b	€7.8b	27.8x	22.5x	1.3x
Tue, 12 Dec 2023	€175.4b	€133.4b	€7.8b	27.8x	22.6x	1.3x
Thu, 09 Nov 2023	€167.6b	€134.7b	€7.3b	28.1x	22.8x	1.2x
Sat, 07 Oct 2023	€158.9b	€134.7b	€7.3b	20x	21.7x	1.2x
Mon, 04 Sep 2023	€156.8b	€134.7b	€7.3b	21x	21.4x	1.2x
Wed, 02 Aug 2023	€157.6b	€135.2b	€7.2b	30.7x	22x	1.2x
Fri, 30 Jun 2023	€158.9b	€135.2b	€7.2b	32.7x	22.1x	1.2x

Price to Earnings Ratio

22.1x

Fri, 30 Jun 2023

Current Industry PE

Investors are pessimistic on the German Telecom 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 16.4x which is lower than its 3-year average PE of 22.2x.

The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 1.1x.

Past Earnings Growth

The earnings for companies in the Telecom industry have grown 10% per year over the last three years, while revenues have remained mostly flat.
This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.