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German (DAX) Market Analysis & Valuation

UpdatedAug 04, 2026
DataAggregated Company Financials
Companies779
  • 7D1.7%
  • 3M1.7%
  • 1Y4.1%
  • YTD2.3%

The market has stayed flat over the 7 days. More promisingly, the market is up 3.2% over the past year. Looking forward, earnings are forecast to grow by 15% annually.

Trending IndustriesOil and GasBiotechSoftwareRenewable Energy

Market Valuation and Performance

Has the German Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 04 Aug 2026€2.7t€2.6t€129.3b17.2x20.7x1x
Thu, 02 Jul 2026€2.6t€2.6t€126.6b17.1x20.5x1x
Sat, 30 May 2026€2.7t€2.6t€127.1b17.5x20.9x1x
Mon, 27 Apr 2026€2.6t€2.6t€126.2b17.8x20.5x1x
Wed, 25 Mar 2026€2.5t€2.6t€100.3b17.2x24.4x0.9x
Fri, 20 Feb 2026€2.7t€2.7t€106.9b17.6x25.1x1x
Sun, 18 Jan 2026€2.7t€2.7t€103.7b18.3x25.9x1x
Tue, 16 Dec 2025€2.6t€2.7t€103.7b17.8x25x1x
Thu, 13 Nov 2025€2.6t€2.7t€101.8b17.7x25.3x1x
Sat, 11 Oct 2025€2.6t€2.7t€101.5b18.4x25.3x1x
Mon, 08 Sep 2025€2.6t€2.7t€101.8b18.6x25.1x0.9x
Wed, 06 Aug 2025€2.6t€2.7t€101.8b18.5x25.4x1x
Fri, 04 Jul 2025€2.6t€2.7t€103.8b19x24.7x0.9x
Sun, 01 Jun 2025€2.6t€2.7t€103.4b18.6x25x1x
Tue, 29 Apr 2025€2.5t€2.7t€111.3b18.7x22.2x0.9x
Thu, 27 Mar 2025€2.5t€2.7t€132.1b17.7x19.1x0.9x
Sat, 22 Feb 2025€2.5t€2.7t€112.1b16.7x22.2x0.9x
Mon, 20 Jan 2025€2.4t€2.7t€114.2b16.3x20.6x0.9x
Wed, 18 Dec 2024€2.3t€2.7t€114.2b15.6x20.1x0.8x
Fri, 15 Nov 2024€2.2t€2.7t€110.5b15.2x20.3x0.8x
Sun, 13 Oct 2024€2.3t€2.7t€119.0b16.5x19.2x0.8x
Tue, 10 Sep 2024€2.2t€2.7t€119.5b16.4x18.2x0.8x
Thu, 08 Aug 2024€2.1t€2.7t€113.0b16.9x18.6x0.8x
Sat, 06 Jul 2024€2.2t€2.7t€111.3b18.1x19.8x0.8x
Mon, 03 Jun 2024€2.2t€2.7t€110.9b17.6x20.2x0.8x
Wed, 01 May 2024€2.2t€2.8t€122.2b17.1x18.2x0.8x
Fri, 29 Mar 2024€2.3t€2.8t€119.5b16.6x19.3x0.8x
Sun, 25 Feb 2024€2.2t€2.8t€154.9b15.7x14.2x0.8x
Tue, 23 Jan 2024€2.1t€2.9t€146.5b16.3x14.5x0.7x
Thu, 21 Dec 2023€2.2t€2.9t€147.5b16.3x14.7x0.8x
Sat, 18 Nov 2023€2.1t€2.9t€151.9b16.1x13.8x0.7x
Mon, 16 Oct 2023€2.0t€3.0t€131.5b15.9x15.5x0.7x
Wed, 13 Sep 2023€2.1t€3.0t€131.1b16.2x16.2x0.7x
Fri, 11 Aug 2023€2.2t€3.0t€135.3b16.6x16x0.7x
Price to Earnings Ratio

16x


Total Market Cap: €2.2tTotal Earnings: €135.3bTotal Revenue: €3.0tTotal Market Cap vs Earnings and Revenue0%0%0%
German Market Price to Earnings3Y Average 20.6x202420252026
Current Market PE
  • Investors are relatively neutral on the German market at the moment, indicating that they expect earnings will grow in line with historical growth rates.
  • The market is trading close to its 3-year average PE ratio of 20.6x.
Past Earnings Growth
  • The earnings for companies in the German industry have declined 2.0% per year over the last three years.
  • Revenues have also declined 3.9% per year.
  • This means overall sales from these companies are declining and profits are subsequently falling as well.

Sector Trends

Which sectors have driven the changes within the German Market?

DE Market1.74%
Industrials3.64%
Tech3.55%
Healthcare1.98%
Telecom0.88%
Utilities0.78%
Materials0.67%
Financials0.64%
Consumer Discretionary-0.75%
Real Estate-0.78%
Consumer Staples-1.22%
Energy-2.17%
Sector PE
  • Investors favour the Energy sector the most for future growth which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 39.3%, which is lower than the prior year's growth of 135.5% per year.
  • The Real Estate sector is the least preferred by investors for future growth. Although, investor sentiment seems to have improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Energy sector, expecting annual earnings growth of 39% over the next 5 years.
  • However this is lower than its past earnings growth rate of 135% per year.
  • In contrast, the Utilities industry is expected to see its earnings growth to stay flat over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuationSector
SIE Siemens€285.305.0%
+€10.4b		30.4%PE28.7xIndustrials
ENR Siemens Energy€147.547.0%
+€8.2b		51.1%PE56.7xIndustrials
SAP SAP€164.643.4%
+€6.2b		-33.2%PE24.4xTech
IFX Infineon Technologies€61.476.4%
+€4.8b		74.1%PE74.4xTech
RHM Rheinmetall€1.18k8.1%
+€4.1b		-33.6%PE52.1xIndustrials
See more

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